The VISA card is just a convenience. You can still easily withdraw via wire transfer or e-gold with the same ease. If you're going to do a lot of non-fx (futures/metals) trading, make sure you look into the margin requirement as you contemplate your start up opening account.

ENJOY!

fxcruiser

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Nah, c'mon! VISA and all other means of withdrawing money are totally difference "convinience" level! VISA allows you withdraw in a matter of minutes, when wire, for instance takes 3-4-5 DAYS! That is why having VISA would be way nice At least that's what I think :>

I wonder why not so many brokers support PayPal, since as far as I see it, it's not much worse than VISA, since payments thru PayPal are done instantly (you get the money on your card in seconds).

Anyhow, thanks for the answer, fx'



Cheers,
Diam0nd




I LOVE

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Hi there,

1. Yes they have dealing desk
2. Im with them for long time. Withdrew many times, mostly by e-gold. done in15-30 min, any sums(500-3000$). Also got from them free Visa Card, but i dont use it much... Just mentioned it, coz many people use it frequently
As the matter of fact u can check it by ur self - deposit some sum, and then withdrew it

At the moment they are not regulated, as far as i know they are in process of regulation in europe... at final stage. Still it will not affect their services.

Yes they offer huge amounts of pairs, CFD on futures inc. Oil, Gas, Wheat, stocks...

The point personally i would like to mention is the customer support/treatment - it is superb

P.S. If the company offers lots of good staff, it doesnt necessarily should look suspicious check from which year they are in the market, and u will get it by ur self

Cheers

As've already replied to u in other thread, just will mention few most interesting:

1. I'm with then of course live for long time, so far so good, i withdrew many times both for e-gold, Visa(i have visa from them, but still dont use it as frequently as others do ) The procedure is simple and FAST(except for wire of course), they have this automatic system - u just login and put request to withdraw, or confirmation for depositing, wait a bit and here u go

2. The regulation is the other thing... Personally i prefer my brokerage to be regulated, but since i am with them for quite long time, i feel that theese guys are ok. By the way, they are in process of regulation, at final stage(info for those who is thinking going live)

Try them out with small amount, and then decide. Your own experience is your own experience

Good luck mate,

Cheers

1. Aren't they in business only from 2001? (Edited: yepp "Market Presence since 2001")
2. Is there a limitation in terms of minimal widthraw amount (lets say I wanna withdraw 1 dollar, or 10 or 15, is there a minimum?)?
3. If losses from a transation of mine are more than my deposit, am I liable for any losses the company may undertake? Tried to search that in the agreement but I could not find that. Any comments on this?



Cheers,
Diam0nd




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Hi again,

1. Yep, they are in the market only since 2001. My experience shows that if they are still in the market after 5 yrs, then the more time passes the smaller the chance of problems.

2. NO minimum for withdrawals, NO minimum for deposits(except for the very 1st deposit it should be at least 100$), and of course they do NOT charge anything neither for depositing nor for withdrawals. But keep in mind the charges of Bank(both yours and theirs) and charges from E-Gold(few pennies )

3. To tell you the truth it is very silly question , come on! Are you going to deposit 5$ by wire??!
But i believe that neither you nor NF will pay the rest of charges, coz i for example you wire 5 usd and complimentary bank bank will charge you 5usd, so there will be no actual transaction to be done


Cheers,
me lol

fxcleaner,

I have just started trading live at northfinance. I funded my acct via wire as I was not real sure about the whole e-gold thing. Unfortunately, my bank charged me $40 for the wire, and one of the other banks it went thru took another $7.

So I am really wanting to get more info on the egold for withdrawals and any other deposits (hopefully wont need the deposits LOL)

Anyway, can you explain the egold?

Do I send money to one of the egold merchants then purchase the gold thru the merchant, then transfer the gold to NF? Or is there a way to just send the money thru egold, not using merchant, straight to NF?

If need to buy gold first thru merchant, do you have a recommendation on one of the merchants as far as cheapest if you are wanting to send several grand?

It looks like the egold fees are small, but it looked to me like I couldnt just send the money thru egold, but rather had to buy gold from one of thier merchants, which all SEEMED to have simular fees to wire/credit card etc.

Am I missing something and it is a lot cheaper than it seemed to be?

Thanks for any info,
Brenda

This last question just was really silly.

NO BROKER will let you go further than 0$....

I'm afraid I can't really agree with you on this one. I remember back in the day (its not that long ago really), when I was only getting into this whole FOREX thing I went to the NFA (for those who live in the closet: National Futures Association, a regulator) site to check on some broker, and there I saw a Forex Online Learning Program. There, you can check out those 2 particular parts of it:
1. http://www.nfa.futures.org/forex_tra.../Module5-7.htm
2. http://www.nfa.futures.org/forex_tra...odule5-7-1.htm
Anyhow, that was just an example with links to proove my point/ question. And my point was/is: it is not always evident that maximum one can loose is his/her deposit. I mean, of course it is evident that any broker will not let a nobody with a tiny deposit to go further than loosing that same deposit, but there are different brokers out there and keep in mind, you never know what might happen..

Also, please do read those two short passages above, before you actually say smth (no offence, just asking to actually read them and not skim thru)




Cheers,
Diam0nd




I LOVE

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Good job Diam0nd. I read the same NFA futures tutorial a long time ago and was very suspicious when I read that the broker sets the prices, not the market. Ever since then, I have started off mistrusting the broker and they need to establish that trust.