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Sure, we can go unlimited when we start naming the regulatory bodies but depending on the country that the broker is or have extension in. Like those that are in Cyprus (CySEC) though I don't know how strong their regulation is that makes brokers always love to go there,, MiFID that covers...

But you know too well that PayPal fees for for sending money (or the recipient) varies according to destination and the much I know is that there are some countries where their charges become higher than others. And I feel that if you are sending within US, that is, US to US, very minimal or...

Honestly speaking, before now, I had very linear knowledge about Webmoney. They sounded more like exchange to me even then, I never bothered knowing about them ad I don't usually visit forums more often. I like their services any way and the fact that it is a Russian payment processor too.

I would have considered verifying my account with PM only if they had been a regulated payment processor but their anonymous mode which they have always been and maintained makes me always develop a doubt of giving out such sensitive information.

Even by extension, most of the payment processors too. They seem to leverage their strictness on verified users. MB might just be overly strict to those unverified account holders but in a case where they gave someone who has already gotten a VIP tag a hot chase becomes very questionable.

I was even thinking that PayPal wouldn't get involved in anything Forex. However, there could be some degree of trust by investors or traders once they see that a broker is offering PayPal as a payment option. I do not see them as a payment processor that would get involved with some scammy or...

Same way I thought too. I used see it as more of an exchanger or some kind of middleman between payment processors. But now, I wonder if they are used in so many places because I seldom see them in much online earning platforms.

That is why it is always good to strive for the knowledge. Forex can be very profitable but that is only possible when we have the knowledge. It is the only gateway to success so far as Forex is concerned and the only condition a trader enjoys the benefit of trading.

Yeah, that's a one rare feature because regulated payment processors are always known to have that high transaction charges (except WMZ and maybe one or two more) and yet, people flood into them. Perhaps they really want to have some huge customer base which I think they are already getting...

Yes, most probably, you know, sometimes, PayPal can just have some laws to some group of people or some countries just as the case where fees are charged according to the destination country the receiver is from. I guess they are they only processor doing such because I'm yet to find a payment...

I think the advent of LR shutdown cropped up so many payment processors. Perhaps not so many people who now know about Webmoney would have known about it if LR was on and I think, that was one of the reasons some who have trusted in some other regulated ones did.

Yes, and that's a very good factor as well as their security system about the pin code verification and notification just for logging into your account. More so, now that they have increased the security for verified users such that you get a pin code to your phone when you log in.

Oh! That's kinda weird and you know, I hear some strict stuffs being talked about MB on way you go during verification where the person has to receive a letter from them. Some kinda manual verification or something in this computer age and it makes me wonder if the recipient of the letter MUST...

Yeah, I think if you talk about the features, they are quite enviable as a regulated payment processor and anyone can easily want to associate with them. And even from the way I see it and the way it is being talked about in Forums, looks like it's getting popular the more.

News traders don't really trade more regularly since there own trading is from the news release and depending on the pairs they are trading. I have a friend who gave me some clue on how he trades between 5-8 times in a month and still makes profits out of it.

You are right anyways. perhaps that's one of the reasons Forex some years ago, probably some couple of decades ago were mainly for the high class and the very wealthy, most probably there weren't stuff like that. Well, thanks to the leverage system that has brought it to door steps.

Some other times, it might not just depend on the volume of time you give to it but the quality time. Someone can be learning Forex while he still do other things. It's all about planning and giving it some percentage of your best time to both learning the theories and practicals.

Sometimes, lack of planning might just be a major reason for this. Not all traders would want to over trade in the real sense, some might not made a plan for themselves on when to exit and they tend to keep trading to either recover some of their losses or make some more profit.

Perhaps those traders who trade in binary understand it well enough to trade in it. It is more like an experienced traders' trade or form of trading for me. There are much more chances of losing than the ordinary trading.

I also see it from the angle that these days, brokers have made it in such a way that anyone can start up, with or without any money in his account. The variety of trading credits available as means of raising trading capital makes the business even an inviting one.