Originally Posted by
Ayase
It depends on the broker. Most of them require withdrawal back to the same card. There were a lot of companies in US in the past, now many of them are purchased by FXCM. Not a good sign for investors.
I am quite certain that FXCM credit card deposits are coded as purchases. Not sure about how they let you withdraw.
Oanda is definitely bad. They require withdrawal to the same card up to 125% of deposit. So if you make some money trading, you will have to lose some miles.
There was a broker called FxClub. I could fund by credit card and then wire out the next day, so I get my money even before the transaction posts.
3.5%
Local check cashing stores charge less than 3%.