UnionPay brokers for 2025
We found 11 online brokers that are appropriate for Trading UnionPay Platforms.
UnionPay brokers Guide
Analysis by Andrew Blumer, Updated Last updated – June 18, 2025
UnionPay Brokers for Chinese Traders
UnionPay, China's dominant electronic funds transfer network, has become an increasingly important payment method for online traders. This guide explores international brokers that accept UnionPay, specifically catering to Chinese traders. We'll examine the benefits of using UnionPay for funding trading accounts and highlight key considerations such as fees, processing times, and security. Whether you're a seasoned trader or just starting, this guide will help you choose a suitable UnionPay broker.
What Is UnionPay, and Why Is It Popular Among Traders?
UnionPay, officially China UnionPay or UnionPay International (UPI), is a Chinese financial services company headquartered in Shanghai. It operates the dominant EFT network in mainland China. Unlike Visa and Mastercard, UnionPay cards are issued almost exclusively within China, making them the most common method for domestic transactions.
Its widespread domestic use makes it a natural choice for Chinese retail traders. Many don't have access to international cards, and some Chinese banks limit foreign transactions;making UnionPay essential for funding online trading accounts.
Best UnionPay Brokers to Consider
Several trusted online brokers accept UnionPay for deposits and withdrawals. Below, we've highlighted platforms that combine regulatory oversight, strong trading tools, and efficient UnionPay integration.
IC Markets
IC Markets is a top choice for traders who value precision and speed. It offers a range of advanced trading platforms, including MT4, MT5, cTrader, and TradingView, backed by infrastructure designed for minimal latency and lightning-fast execution;averaging just 40ms. The broker provides tight spreads across Forex, commodities, indices, and cryptocurrencies. Features like a free low-latency VPS and advanced automation options make it especially attractive to scalpers and day traders.
UnionPay Support: IC Markets supports UnionPay for both deposits and withdrawals, enabling traders to manage their accounts smoothly with a trusted payment method.
RoboForex
RoboForex offers flexibility, high leverage, and ultra-competitive spreads starting near zero. The platform supports MT4 and MT5, making it accessible on various devices. Features like EA scripting, quick execution, and an intuitive design cater to traders seeking to capitalize on fast market movements. While the high leverage is attractive, it also comes with increased risk.
UnionPay Support: RoboForex accepts UnionPay for both funding and withdrawals, ensuring a secure and user-friendly financial experience for traders.
XM
XM offers a well-rounded trading experience with a strong focus on customer support. It provides various account types, a wide range of instruments, and access to platforms like MT4 and MT5. Regulated by ASIC, CySEC, and the IFSC, XM ensures high levels of oversight and reliability;making it a great option for those prioritizing trust and accessibility.
UnionPay Support: XM supports UnionPay for deposits and withdrawals, offering a trusted and streamlined payment process for Chinese traders.
Pepperstone
Pepperstone is renowned for customer satisfaction and an expansive range of trading instruments. With platforms like MT4, MT5, and cTrader, it caters to both Forex and CFD traders. It's regulated by top-tier authorities including the FCA and ASIC, making it a reliable and transparent broker for global clients.
UnionPay Support: Pepperstone supports UnionPay for deposits and withdrawals, enabling seamless account management for Chinese users.
AvaTrade
AvaTrade offers flexibility and a wide range of funding methods, including UnionPay. Its mobile app (AvaTradeGo) and social platform (AvaSocial) foster a collaborative trading experience. With a commission-free structure and a strong suite of assets, AvaTrade suits traders who value convenience, cost-efficiency, and community features.
UnionPay Support: AvaTrade supports UnionPay for both funding and withdrawals, offering a convenient and reliable solution for account transactions.
How Do UnionPay Brokers Handle Deposits and Withdrawals?
Forex brokers that cater to Chinese clients often integrate UnionPay for direct deposits and withdrawals.
Depositing Funds
Traders log in to their trading account, select UnionPay as the payment method, and enter card details and the deposit amount.
UnionPay Payment Processing
The platform connects to UnionPay's secure gateway. Some banks may require verification, such as a one-time password or SMS code. Once approved, funds are transferred to the broker's account.
Fund Availability
Deposits typically appear within minutes or a few hours. Withdrawals follow a similar process but may take 1 to 3 business days depending on the broker and the bank.
Advantages of Using UnionPay Brokers
While functionally similar to Visa or Mastercard, UnionPay offers specific advantages for Chinese traders:
Convenience: As China's standard payment network, UnionPay provides a familiar and easy-to-use method for managing broker transactions. Traders accustomed to UnionPay for everyday transactions can quickly adapt it to fund their accounts or withdraw profits.
Lower Fees: Some brokers offer reduced deposit fees for UnionPay transactions;though this varies. In comparison to international cards, UnionPay can offer cost-effective options for Chinese traders looking to minimize costs.
Direct Access: Traders without international cards can still fund their accounts through UnionPay, especially when foreign card usage is restricted by local banks. UnionPay serves as a practical alternative for traders who face limitations with Visa or Mastercard for online payments.
Potential Drawbacks of Using UnionPay Brokers
While UnionPay offers significant advantages for Chinese and Asian traders, it's important to be aware of its limitations;especially when trading on international platforms:
Limited Availability Outside Asia: Although UnionPay's global presence is growing, it's still not as universally accepted as Visa or Mastercard among Forex and CFD brokers. Traders outside of China may struggle to find reputable brokers that support UnionPay payments, limiting flexibility.
Withdrawal Restrictions: Some brokers may support UnionPay for deposits but not for withdrawals, requiring traders to use alternative methods like wire transfers or e-wallets to access their funds. This can add time and extra fees to the cash-out process.
Regulatory Oversight and Capital Controls: China's government imposes strict capital controls on foreign exchange and overseas remittances. Even though UnionPay enables local bank transactions, authorities can still monitor and restrict large or frequent transfers to trading accounts abroad, which might affect high-volume traders.
Exchange Rate Uncertainty: When trading in currencies other than the Chinese yuan (RMB), UnionPay transactions often involve conversion fees or less favorable exchange rates compared to international cards or digital wallets. This can quietly reduce your actual trading capital.
Security Concerns with Some Offshore Brokers: Not all brokers that accept UnionPay are regulated. Some offshore brokers target UnionPay users without offering strong investor protections. Traders should ensure their chosen platform is licensed by a recognized authority before depositing funds.
Fees and Processing Times with UnionPay Brokers
Broker-Specific Fees
Fees may vary depending on whether you're using a UnionPay debit or credit card.
Deposit Fees: Usually waived, though some brokers may charge a small fee. It's important to check with your broker as these fees can vary based on the platform.
Withdrawal Fees: More common, and often broker-specific. Some brokers may charge a fee when you withdraw funds using UnionPay, so it's essential to verify the withdrawal terms before processing any transactions.
Bank Charges: Chinese banks might impose extra fees for UnionPay usage;check with your issuer. These fees can vary, and knowing your bank's policy will help you avoid unexpected charges.
Processing Times: Deposits are typically instant or completed within a few hours. Withdrawals take 1–3 business days depending on the broker and bank. Always confirm processing times with your broker to avoid any surprises.
Can Traders Outside China Use UnionPay with Brokers?
UnionPay's international acceptance is growing but still limited outside China. Here's how it breaks down:
China: Nearly all brokers serving Chinese traders accept UnionPay, making it the go-to method for payments and withdrawals within the country.
Other Countries: Some international brokers accept UnionPay cards from Hong Kong, Taiwan, Singapore, and select regions. However, availability outside these areas remains limited compared to Visa or Mastercard, which are more widely recognized globally.
How Secure Are UnionPay Transactions on Broker Platforms?
UnionPay employs strong security protocols including:
Encryption: All transactions are encrypted to protect sensitive data.
Example: When you deposit 10,000 via UnionPay, your card details are encrypted end-to-end, preventing interception by third parties.
Fraud Prevention: Real-time monitoring and risk analysis help detect suspicious activity.
Example: If a login or transaction originates from an unusual location (e.g., outside of Beijing), UnionPay's system flags it and may require additional verification before processing.
Regulatory Compliance: UnionPay complies with standards set by the People's Bank of China.
Example: UnionPay brokers must adhere to PBoC's anti-money laundering rules, so any deposit over '50,000 triggers an identity check and source-of-funds documentation.
Security also depends on the broker. Choose reputable brokers with a strong track record, and secure your devices with antivirus software and strong passwords.
Customer Support Offered by UnionPay Brokers
Support levels vary by broker but typically include FAQs and help centers (e.g., step-by-step guides on depositing '5,000 via UnionPay), live chat for instant assistance (e.g., resolving login issues in minutes), email support for detailed queries (e.g., sending transaction receipts for verification), and, in some cases, phone support for direct communication (e.g., discussing account limits with a representative).
UnionPay Brokers Verdict
UnionPay offers a practical, reliable way for Chinese traders to fund and manage their online trading accounts. This guide has outlined the top brokers supporting UnionPay, the pros and cons of using it, associated costs, and customer support availability. As always, choose a regulated broker and understand the risks involved in leveraged trading.
We have conducted extensive research and analysis on over multiple data points on UnionPay brokers to present you with a comprehensive guide that can help you find the most suitable UnionPay brokers. Below we shortlist what we think are the best UnionPay Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching UnionPay brokers.
Reputable UnionPay brokers Checklist
Selecting a reliable and reputable online UnionPay Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade UnionPay Trading Platforms more confidently.
Selecting the right online UnionPay Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen UnionPay Trading Platforms broker has a solid track record of at least two years in the industry.
- Verify that the UnionPay Trading Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the UnionPay Trading Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the UnionPay Trading Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for UnionPay Trading Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the UnionPay Trading Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of UnionPay Trading Platforms in Our Brokerage Comparison Table
When choosing a broker for UnionPay Trading Platforms trading, it's essential to compare the different options available to you. Our UnionPay Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each UnionPay Trading Platforms broker.
- The funding methods available for UnionPay Trading Platforms with each broker.
- The types of instruments you can trade with each UnionPay Trading Platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each UnionPay Trading Platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each UnionPay Trading Platforms broker affects the cost of trading.
- The level of customer support each UnionPay Trading Platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each UnionPay Trading Platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a UnionPay Trading Platforms broker that best suits your needs and preferences for UnionPay Trading Platforms. Our UnionPay Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 UnionPay Trading Platforms of 2025 compared
Here are the top UnionPay Trading Platforms.
Compare UnionPay Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a UnionPay Trading Platforms broker, it's crucial to compare several factors to choose the right one for your UnionPay Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are UnionPay Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more UnionPay Trading Platforms that accept UnionPay Trading Platforms clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
All UnionPay Trading Platforms in more detail
You can compare UnionPay Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top UnionPay Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top UnionPay Trading Platforms below.
UnionPay brokers Table of Contents
- UnionPay brokers Explained
- 6 Factors to Consider when Choosing UnionPay brokers
- Are Your UnionPay brokers Trusted And Established?
- Are The UnionPay brokers World Leading?
- What are the UnionPay brokers Commissions and Fees?
- What are the UnionPay brokers Funding and Withdrawl Methods?
- Find UnionPay brokers with Round-the-clock support?
- Make sure the UnionPay brokers Offer Comprehensive Trader resources?
- Why UnionPay brokers needs to be regulated?
- UnionPay brokers FAQ
- What are the best UnionPay Trading Platforms brokers?
- What is the best UnionPay Trading Platform broker?
- Related UnionPay brokers Reviews
- Related UnionPay brokers Alternatives
- Related UnionPay brokers Comparisons
UnionPay brokers Explained
Trading volatile financial markets with UnionPay brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by UnionPay brokers to ensure a successful trading experience.
Selecting UnionPay brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile UnionPay brokers markets effectively.
Reliability is key to gaining access to financial markets. Look for UnionPay brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with UnionPay brokers confidently.
6 Factors to Consider when Choosing UnionPay brokers
Follow these five rules for selecting UnionPay brokers that are right for you:
Are Your UnionPay brokers Trusted And Established?
Search for a reputable UnionPay brokers with a extensive proven track record for UnionPay brokers, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated UnionPay brokers broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 16 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) |
| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Are The UnionPay brokers World Leading?
Opt for UnionPay brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for UnionPay brokers is Roboforex. Roboforex Segregates clients funds and offers over 12000 instruments.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 12000 | 6000 | 6000 | 1000 | 1200 | 1000 | 10000 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the UnionPay brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated UnionPay brokers broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated UnionPay brokers broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 0 | 5 | 0 | 100 | 100 |
| Withdrawl Fees | No | No | Yes | Yes | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | Yes | No |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | Yes |
What are the UnionPay brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with UnionPay brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with UnionPay brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find UnionPay brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with UnionPay brokers.
UnionPay brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by UnionPay brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Make sure the UnionPay brokers Offer Comprehensive Trader resources?
It's important to ensure your UnionPay brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with UnionPay brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with UnionPay brokers.
Why UnionPay brokers needs to be regulated?
Regulated UnionPay brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated UnionPay brokers.
Consumers are protected by UnionPay brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of UnionPay brokers is necessary to prevent fraud. The UnionPay brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with UnionPay brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
UnionPay brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), WindowsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits