FXCC integrates Paysafe’s NETBANX Asia for deposits

CySEC regulated forex broker FXCC has announced the introduction of an extra payment facility – Netbanx Asia from Paysafe Group Plc (LON: PAYS). In forging this new relationship the broker is opening up a gateway to allow easy use of service for FX traders from leading Asian countries such as China.

Netbanx Asia is a reliable local bank transfer system for Chinese customers enabling the company’s clients to transfer money with minimal payment costs. Being a convenient method of depositing funds online, it is trusted by thousands of multi-channel businesses around the globe who appreciate the flexibility and the customer-oriented approach associated with Netbanx services.

Saed Shalabi
Director & General Manager at FXCC

Saed Shalabi, FXCC director provided the following statement

Without a doubt the China forex market offers exponential growth opportunities for ambitious forex brokers. We pride ourselves on being a truly global broker, who easily communicates with and understands the requirements of traders worldwide.

As the globe’s second largest economy, predicted to soon overtake the USA as the number one, the growth in FX trading will no doubt match China’s exponential growth in all other areas of their economy. The acceptance of the Yuan (the renminbi) throughout global markets and the encouragement of trading of the yuan through, for example, London, which is still the globe’s major trading forex venue, ensures that transactions in the Chinese currency are becoming far more common place.

We therefore need to stay ahead of the curve and ensure we’re in a position to benefit from any increased Asian business, particularly from China. In forging this relationship with Netbanx we believe we’re positioning ourselves in anticipation of a potential surge in future FX trading from China.

Read Also: