Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

China UnionPay Forex Brokers

Unfortunately, the list of brokers allowing depositing funds on the Forex accounts via China Union Pay is not large. Nevertheless, our experts did their best and gathered a collection of the best and the most reliable brokerage houses for you that accept money means via this Chinese popular online system, called Union Pay. The list of brokers is presented in the form of a convenient table, which suggests sorting the companies out by definite criteria. Feel free to choose a business partner according to the offered minimum deposit, the regulatory body supervising the organization, etc.    

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Company#LogoForex brokerFoundedRegulatedReviewsPayment systemsBroker type(?)Min. DepositMax.
leverage
Live spread
Interval:
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EUR/USD
Live spread
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GBP/USD
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USD/CHF
Live spread
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spread
USD/CAD
Live spread
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spread
USD/JPY
Live spread
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spread
AUD/USD
Live spread
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Live
spread
NZD/USD
Live spread
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Live
spread
EUR/AUD
Live spread
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EUR/CAD
Live spread
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Live
spread
EUR/CHF
Deposit bonusAccount
1XM2009
ASIC, FSC Belize
50

Payment systems

MM
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
2AXITrader2007
ASIC, FCA
101

Payment systems

NDD
-1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
3EXNESS2008
FCA, CySEC
66

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
-1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
4FxGiants2015
FCA
55

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
50 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

Increase your trading opportunities. Get up to a bonus on all deposits up to $ 2000

5FXOpen2005
ASIC, FCA
90

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1 %

Welcome Bonus is credited to the micro account after making the minimum deposit.

6AMarkets2007
FSA
56

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:3000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A15 %
7IFC Markets2006
FSC, CySEC
36

Payment systems

STP
1000 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
8IC Markets2007
ASIC
22

Payment systems

NDD, ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
9Tickmill2014
FCA, SIBA
2

Payment systems

NDD
25 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
10LiteFinance2005-34

Payment systems

ECN
50 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %

Bonus CRYPTO 100%

11HotForex2010
CySEC, FSC
71

Payment systems

NDD
500 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
12BMFN1988
ASIC, FCA
8

Payment systems

NDD, DMA
50 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

New or existing accounts at BMFN who enroll in the Bonus Program and make a qualifying deposit will receive a deposit bonus up to $10,000!

13Swiss Markets2012
CySEC
4

Payment systems

STP
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
14EasyMarkets2001
ASIC, FSC
4

Payment systems

MM
--N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
15Bacera2009
ASIC
7

Payment systems

MM
500 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
16Core Liquidity Markets2012
ASIC, FSA
6

Payment systems

NDD
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
17Fullerton Markets2015
FSP
17

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
18CMG2015
ASIC
13

Payment systems

-250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
19FX Choice2010
FSC Belize
1

Payment systems

NDD
--N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
20Mex Exchange2012
ASIC
0

Payment systems

NDD, ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
21FreshForex2004
KROUFR
78

Payment systems

NDD, MM
-1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A5 000 %

Bonus 101%

22FXPCM2007
FSC, DFSA

Regulated

0

Payment systems

NDD, ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 %

To get this bonus, you just need to open a live trading account by registering with the new cabin.

23Pepperstone2010
ASIC, FCA
7

Payment systems

NDD, ECN
-1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
24Darwinex2012
FCA
7

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-


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Some Tipson Replenishing Account Using UnionPay  

Replenishing your trading account using China UnionPay bears some nuances. Keep in mind that the majority of Forex brokers usually set a limit for the maximum amount of money that you can transfer via this online payment system. Besides, the set-up caps are specific from the transaction point of view since your bank may also impose stricter limits on the transferred amount. In case you are in doubt about the maximum amount, consult your bank manager. 

Usually, the majority of brokers express the maximum deposit amount accepted from UnionPay in the national Chinese currency. We recommend you visit your chosen bank’s web portal before depositing money means through China Union Pay. This will keep you away from using an ineligible web browser since many Chinese banks support a restricted number of browsers only. Otherwise, place your bet on Internet Explorer 8 or the latest versions, QQ, or Liebao to make a deposit. In case you will choose an inappropriate browser, you will fail to finish the operation.

Typically, FX brokers do not charge deposits through Union Pay. However, there may be some deviations from the rules. So, visit the chosen broker’s website to make sure that your replenishing operation will not be charged extra fees. Sometimes, brokerage houses offer commission-free transactions in case you deposit more than $30 using a China UnionPay system, for example. As for withdrawals, the brokers may set the minimum and maximum limits for a single transaction there too. In most cases, it varies from 50 to 50,000 CNY.

The China residents get an incontestable benefit in collaborating with China UnionPay Forex Brokers since they may withdraw and deposit money without paying conversion fees. These sums could reach impressive marks sometimes. Instead, they are offered to pay a fixed commission, which is set by the selected FX brokerage house – 5 CNY, for instance.