Alpari will not process VISA payments until March

Alpari will not process VISA payments until March

Alpari, a retail forex and CFD broker, which lost its Russian license last month, announced that it will not be able to process payments with VISA cards in US dollars and Euro until March due to technical issues.

The announcement was published on the broker’s web site on Friday.

“Please be informed that due to technical reasons, funds withdrawals in EUR and USD via Visa are unavailable until March 2019. We will inform you again once normal service has been resumed”, the broker said in a statement.

Still Alpari notes that there are no issues with other payment methods like for example MasterCard, without specifying what exactly is the problem with VISA.

The lack of more detailed information abut the problem rose some speculations that VISA might have refused to work with the broker, because of the regulatory troubles it run into last month.

In December Alpari, which still holds its Belize license, lost its Russian license because of failure to comply with the Central Bank of Russia (CBR) instructions, providing false accounting data, false information on its website and running inadequate risk management system.

Top Forex Brokers

Broker Country Rating Min. Deposit Website
US 5/5 $50 Click for a special offerWebsite
UK, Cyprus, Belize 4.95/5 $5 Click for a special offerWebsite
Australia 4.90/5 $100 Click for a special offerWebsite

1 Comment

  1. Dear sir or madam, would you tell me what should I do ? I had ready scammed by the company call tradospot . Who can actually act on my behalf to get money back .

    Please let me the and give contact numbers.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Dang Kang Review – 5 things you should know

Dang Kang says to be a forex and