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January 31, 2018

Question:What are the conditions of UnionPay Deposit/Withdrawal for MT4 and AlphaTrader accounts?

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Answer:

UnionPay is a commonly used payment processing brand in mainland China. If you have a debit card with the UnionPay logo you may now fund your trading account with WorldWideMarkets Limited (“WWM Ltd”).

The minimum deposit amount is $100 USD and the maximum deposit amount is $30,000 USD per transaction, deducted from your bank account as the equivalent in RMB.

Funds will typically be credited into your trading account within 1 to 2 business days.

UnionPay deposits will be received by WWM in USD and the RMB equivalent will be debited from your bank account.

WorldWideMarkets Ltd has waived the transaction fee charged by the service provider for each UnionPay transaction.

UnionPay withdrawals are available. UnionPay withdrawals are issued to the same account used to make the initial deposit.

Please note: Depending on your banks refund policies, it’s possible they will not accept refunds that are older than 60 days. For more information, we suggest contacting your bank directly.

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