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I know your in forex trading also. Right? I'm wondering if you are planning to invest in forex broker sites that pays via paypal. Because that's what I'm planning to do right now. Once I'm earning good in LR base forex site. I'm going to invest my money in forex broker site using paypal. In this way I will also have good earning via Paypal.Paypal really looks like awesome this time. I see they have used now webapps and really have faster loading. I just think of getting more paypal funds but then, I think of just few funds in paypal and try to find means of their service. Currently, I don't think they will have here more chance to have paypal funds.
My concern is the payments fees. Its okay if when I withdraw I'm going to receive the full amount without any deductions but what if when that broker site send me the paypal funds theirs already a deductions then I'm sure I'm going to end up losing lots of my earning money. Sometimes paypal especially if the funds come from a business account its really have huge fees deductions.
Its still not tested so the only way to find out is when I tried to withdraw. But I guess we need to wait for two months and two weeks since I'm planning to withdraw this coming second week of January. As I'm still building my profit. I'm expecting to earn 200 to 500 dollars this January in one of my account that has PP on it. So hoping that theirs no paypal fees.That's usual for broker sites because they need to have it as business so we will expect fees for the payments we received. Though, I don't prefer paypal for the forex trading even we can withdraw directly to our bank accounts. Yes, one of the reason is the huge fees.
Paypal does allow forex broker sites who passed the paypal requirements. And right now I'm expecting to request payments this coming January. I'm still trying to make three months continues trading to make sure that I earn 200 dollars in paypal before I will going to try to withdraw. I know its hard to make good living but I hope we can make good living in forex trading.Well hardly i do see any broker that makes use of paypal in their payment options,though i don't know if paypal is against such usuage of their service though many people that earns via forex trading are still confortable with other payment processor.