iPayTotal offers a complete set of solutions for Forex businesses to accept/make payments in a quick and convenient way. Forex businesses are considered to be very high risk for many reasons, which makes it difficult for business owners to set up a merchant account. Not only do we welcome Forex businesses, but we also offer convenient services at attractive rates.
Why Forex Businesses Are Considered to Be High Risk
Businesses are classified as High Risk and Low Risk Based on the amount of Risk involved in it. Here we will get to know why such business is trading in trillions is considered high risk.Great number of people are earning a lot through this market with the help of Forex Merchants. Forex trade takes places between pairs of currencies, which means there is a winner and a loser at the same time on either side of the trade so that means you can’t get lucky everytime.
Currency trading is usually highly leveraged, so with a small or large amount of cash investment and a certain amount of margin, investors can control a very large amount of money. Forex is also lightly regulated, with certain types of trades not regulated at all. Both factors increase the risk of forex trading.
Foreign-exchange trading is now accessible to everyone even though it is still a high-risk game.The explosion began after the government deregulated forex trading in 1998 amid the growing popularity of online trading. Investors cite leverage, which allows them to hold positions of up to 100 times more than their deposits, as the biggest attraction.
Who Are Our Clients?
We support both licensed or without license. We understand that running a successful Forex business may be challenging, and we have a solution for startups or those who have previously had problems with a payment processing company. Do you have a low credit score? It is not a problem with us! You should know that we will ask you no unnecessary questions whatsoever, and we will only request the information required to determine what exactly your needs are in terms of running your Forex business smoothly.
iPayTotal Forex Merchant Account?
It’s really simple to apply for a forex merchant account with iPayTotal
- Comprehensive Solution for Forex Trading business
- Accept over 100 currencies in 196 countries
- Rates starting at just 2.5%
- Settle your profit directly into your bank account it’s that simple
- Extremely secure data transfers with PCI Level 1 compliance
- Reduce declined payments with Fraud Scrub technology
- Track your transactions with a robust reporting system
- 98% application approval rate
- Integrate our solution within 12 hours
Payment Gateway Integration:
With us you not only get a merchant account but a full-fledged payment gateway which can be either integrated to your website or to any cashier system or software that you are using. We are integrated with Bridgerpay, Naspay, Airsoft and many more cashier systems for forex merchants. It is safe and secure with is because our featured gateways provide powerful built-in fraud prevention filters by monitoring tools based on client behaviour, ensuring any suspicious activity is blocked fast.
Feel free to contact our customer care for more details on the pricing. We will provide you various offers. And you can choose what best suits your business.