Forex Brokers that Accept China UnionPay
Compare Forex brokers and trading sites that accept China UnionPay for deposits and withdrawals.
Best brokers
- FP Markets
Best FX Broker Australia 2021 - LiteFinance Best ECN Broker, Africa 2020
- 4XC Best Customer Service 2022
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 5. FP Markets supports all trading styles and EAs.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, Cyprus (EU), Saint Vincent and the Grenadines
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Saint Vincent and the Grenadines
$50 | 1:1000 | Market | |
$50 | 1:500 | Market | |
4xc.com is an offshore broker founded by Forex industry veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4 and 5.
- Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cook Islands
$10 (MT4), $ 100 (MT5) | 1:500 | Market | |
$100 | 1:500 | Market | |
$25000 | 1:500 | Market | |
Only a handful of Forex brokers allow residents of China and Hong Kong to fund their account through China UnionPay (also known as CUP).
Maximum deposit amounts
All brokers, except for InstaForex (ForexMart.com), set a cap on the amount you can deposit through UnionPay. These caps are transaction specific. Importantly, your own bank may impose lower limits on transaction amounts. Speak to your bank manager if you are in doubt.
| Brokers | Max. deposit (per transaction) * | ||
|---|---|---|---|
| eToro | eToro.com | 130,000 CNY | 20,000 USD |
| HotForex | HotForex.com | 50,000 CNY | 7,700 USD |
* Brokers typically express maximum UnionPay deposit amounts in CNY. USD amounts are equivalent amounts based on market exchanges rates as at April 6th 2016.
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