FXPRIMUS engages eMerchantPay for payment card funding and withdrawals

Cypriot Forex broker FXPRIMUS today announced that it has teamed up with eMerchantPay, in order to beef up the variety of methods for funding one’s trading account.

The popular payment method enables for funding and withdrawal of client money via the following widely-accepted and commonly-used credit / debit card companies:

  • Visa;
  • V Pay;
  • MasterCard;
  • Maestro.

In addition, the company said it had implemented some changes to the client funding and withdrawal process. Clients of FXPRIMUS can now only withdraw using the same method used to fund the account. This move is in accordance with regulatory requirements and the company’s ongoing efforts to reduce risk of fraud.

The latest announcement comes a couple of months after FXPRIMUS engaged the Boudica Client Trust to independently oversee client funding processes for the broker. The Boudica Client Trust is responsible for the monitoring and oversight of the funding and withdrawal requests of client accounts to ensure that FXPRIMUS operates in line with regulatory requirements, as required by the Cyprus Securities and Exchange Commission (CySEC).

To view the official announcement from FXPRIMUS, click here.

Read Also: