Forex Brokers that Accept China UnionPay
Compare Forex brokers that accept China UnionPay (CUP) for deposits and withdrawals.
Brokers we recommend
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.
4xc.com is an offshore broker founded in 2018 by traders. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your account's balance.
Other brokers:
- HYCM Best Forex Broker (Middle East)
Comparison table
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
| Overall | Markets | Trading environment | Deposits and withdrawals | Investor protection | Customer service | |
|---|---|---|---|---|---|---|
| FP Markets | 4.8 | 5.0 | 4.9 | 5.0 | 4.0 | 5.0 |
| 4XC | 4.1 | 3.8 | 4.4 | 4.5 | 3.0 | 4.7 |
| LiteFinance | 3.9 | 4.0 | 4.4 | 4.2 | 2.0 | 4.7 |
| HYCM | 4.2 | 5.0 | 3.8 | 4.4 | 3.8 | 4.0 |
| Forex (CFD) | Cryptos (CFD)* | Stocks (CFD) | Indices (CFD) | Metals (CFD) | Energy (CFD) | Commodities (CFD) | ETFs (CFD) | Bonds (CFD) | |
|---|---|---|---|---|---|---|---|---|---|
| FP Markets | 72 | 12 | 1000 | 16 | 17 | 4 | 5 | 46 | 2 |
| 4XC | 49 | 5 | 11 | 2 | 2 | ||||
| LiteFinance | 57 | 63 | 135 | 15 | 5 | 3 | 5 | ||
| HYCM | 67 | 28 | 151 | 27 | 13 | 3 | 4 |
| MT4 | MT5 | cTrader | Copy trading | TradingView | |
|---|---|---|---|---|---|
| FP Markets | |||||
| 4XC | |||||
| LiteFinance | |||||
| HYCM |
| Bank transfer | Credit card | Debit card | BTC (Bitcoin) | NETELLER * | Skrill * | Broker to broker transfer | USDT (Tether) | |
|---|---|---|---|---|---|---|---|---|
| FP Markets | ||||||||
| 4XC | ||||||||
| LiteFinance | ||||||||
| HYCM |
| Australia | Cayman Islands | Cook Islands | Cyprus (EU) | South Africa | St. Vincent & the Grenadines | UAE | UK | |
|---|---|---|---|---|---|---|---|---|
| FP Markets | ||||||||
| 4XC | ||||||||
| LiteFinance | ||||||||
| HYCM |
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5, cTrader or TradingView without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No investor compensation fund in the event of bankruptcy.
Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.
Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
Read review4xc.com is an offshore broker founded in 2018 by traders. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
- Likes
- Enjoy flexible leverage up to 1:500.
- Choose between MetaTrader 4 and 5, or copy trading.
- All trading styles and Expert Advisors are allowed.
- Fast execution speeds from its London data-centre.
- Dislikes
- Fewer CFDs than other brokers.
- Negative balance protection is only available across Forex and precious metals.
- This broker is regulated in the Cook Islands, a country without an investor compensation fund.
4xc.com will appeal to you if you enjoy trading Forex, gold or silver on high leverage, up to 1:500. It accepts all trading styles on MT4 and MT5 without restrictions. And unlike some brokers, who'll adjust leverage dynamically, this broker keeps leverage constant at all times.
If you're looking for trade ideas, 4XC will provide daily AI-powered trade ideas once you account's balance reaches $500. Alternatively, why not open a PAMM account or a copy trading account through 4XC if you prefer to follow others.
Customer support is available 6 days a week, and has always been professional in our interactions with them. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service.
Read reviewTrade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your account's balance.
- Likes
- All trading strategies are allowed.
- Get free daily technical and fundamental analysis.
- Receive up to 2.5% interest on used funds.
- Copy trading accounts are also available.
- Dislikes
- Withdrawals fees are somewhat high, especially card withdrawals.
We've trade through LiteFinance's ECN account for over 4 years on raw spreads plus a commission of $5 per lot, per side. We like that it places no restrictions at all on our use of automated trading strategies.
Their customer service team is responsive, even on weekends. Our withdrawals have always been processed as quickly as possible. However, their withdrawal fees are a somewhat high, especially card withdrawals.
LiteFinance publishes a lot of educational content in the form of webinars and articles on its blog, often with a focus on technical analysis. Their commentary could spark new trade ideas. However, you might find yourself lost if you are new to trading.
Read review
HYCM.com is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.
- Likes
- Trade CFDs or invest in over 1,000 "real" stocks.
- Trade on MetaTrader 4 or MetaTrader 5.
- Get free signals from Trading Central.
- Open a trading account in USD, EUR, GBP, CAD and AED.
- Dislikes
- Trading fees on its Fixed and Classic accounts are a little high.
- Monthly inactivity fees apply after 90 days.
- Copy trading isn't possible.
Trade over 300 instruments across a wide range of markets, spanning currencies, cryptocurrencies, stocks, indexes, and commodities. HYCM.com offers a variety of trading accounts for beginners and more experienced traders, on the MetaTrader 4 and 5 platforms.
Of note, 'buy and hold' investors can now access over 1,000 'real' stocks, and earn dividends on their investments. It is possible to invest from as little as $10 through fractional ownership. This service includes American, Asian, and European stocks.
HYCM.com is an established broker, in business since 1999. It's also a safe place to trade, being overseen by regulators in the EU, the UK, the UAE, and other regions.
Read reviewMost brokers set a cap on the amount you can deposit through UnionPay. As these caps are transaction-specific, you may need to deposit large sums over several transactions. Your own bank may also impose transaction limits. Speak to your broker and bank manager for clarity.
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.