Western Union + Forex trading
Western Union is far not the most common way of depositing/withdrawing funds with Forex brokers. And the reason for that is that it fails to fully comply with Anti-Money Laundering Rules. Dealing with physical cash during transactions makes tracking money sources difficult.
Putting those worries aside, there are Forex brokers who accept deposits & process withdrawals via Western Union.
Official Western Union website: https://www.westernunion.com/
Western Union Forex brokers list:
Do you know another Forex broker that accepts Western Union deposits/withdrawals? Please suggest by adding a comment below.
MoneyGram Forex brokers
Similar to Western Union, traders can use another instant cash service – MoneyGram.
All Forex brokers who work with MoneyGram also accept Western Union. Hense, the list of brokers provided above would be a perfect illustration for MoneyGram Forex brokers. Also explore MoneyGram Forex broker list