Forex Brokers that Accept China UnionPay
Compare Forex brokers that accept China UnionPay (CUP) for deposits and withdrawals.
Brokers we recommend
4xc.com is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4/5.
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your balance.
Comparison table
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
Overall | Markets | Trading environment | Deposits and withdrawals | Investor protection | Customer service | |
---|---|---|---|---|---|---|
4XC | 4.1 | 3.8 | 4.4 | 4.5 | 3.0 | 4.7 |
LiteFinance | 3.9 | 4.0 | 4.4 | 4.2 | 2.0 | 4.7 |
Forex (CFD) | Cryptos (CFD)* | Indices (CFD) | Metals (CFD) | Energy (CFD) | Stocks (CFD) | Commodities (CFD) | |
---|---|---|---|---|---|---|---|
4XC | 60 | 5 | 11 | 2 | 2 | ||
LiteFinance | 57 | 63 | 15 | 5 | 3 | 135 | 5 |
MT4 | MT5 | cTrader | Copy trading | |
---|---|---|---|---|
4XC | ||||
LiteFinance |
Bank transfer | Debit card | Credit card | BTC (Bitcoin) | NETELLER * | Skrill * | USDT (Tether) | |
---|---|---|---|---|---|---|---|
4XC | |||||||
LiteFinance |
Cook Islands | Cyprus (EU) | St. Vincent & the Grenadines | |
---|---|---|---|
4XC | |||
LiteFinance |
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.
4xc.com is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4/5.
- Likes
- Enjoy flexible leverage up to 1:500.
- Choose between MetaTrader 4 and 5.
- All trading styles and Expert Advisors are allowed.
- Fast execution speeds from its London data-centre.
- Dislikes
- Negative balance protection is only available across Forex and precious metals.
- 4XC is regulated in the Cook Islands, a country without an investor compensation fund.
From the outset, 4XC has offered high leverage (up to 1:500) across Forex, gold and silver. It accepts all trading styles on MT4/5 without restrictions. Alternatively, you may open a PAMM account or a copy trading account.
Its customer service agents, available 6 days a week, have always been friendly and professional. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service team.
Overall, we would recommend 4XC to anyone looking for a trustworthy broker, especially if you are primarily interest in trading Forex or precious metals on high leverage.
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your balance.
- Likes
- All trading strategies are allowed.
- Get free daily technical and fundamental analysis.
- Receive up to 2.5% interest on used funds.
- Copy trading accounts are also available.
- Dislikes
- Withdrawals fees are somewhat high, especially card withdrawals.
We have been trading through LiteFinance's ECN account for over 3 years on raw spreads plus a commission of $5 per lot, per side, and we enjoy its unrestricted trading environment.
Their customer service team is responsive, even on weekends. Our withdrawals have always been processed as quickly as possible. However, their withdrawal fees are a bit high, especially card withdrawals.
LiteFinance publishes a lot of educational content in the form of webinars and articles on its blog, often focused on technical analysis. However, you might find yourself lost if you are new to trading.
Most brokers set a cap on the amount you can deposit through UnionPay. As these caps are transaction-specific, you may need to deposit large sums over several transactions. Your own bank may also impose transaction limits. Speak to your broker and bank manager for clarity.
Share this article:
About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.