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If you are thinking about signing up with a new broker, then one of the big perks you can be provided with is the use of a proprietary debit card for use with that broker. These cards combine all of the great standard benefits you would get from any card, but with the added convenience of being closely linked to the broker. This helps you reduce fees and unlocks a range of other benefits.
All of this while you also keep access to some of the most recommended forex trading platform choices in the sector, and more with these brokers.
Here we will take a closer look at exactly what each of the top 7 forex brokers with prepaid mastercard, visa, and other options has to offer in terms of their proprietary cards, and help you get to know exactly which one is the best choice for you.
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How to get a Broker’s Proprietary Card
So, if you are interested in getting the proprietary card from your broker, the usual process does not change much from what you would typically expect if you are signing up with any top forex broker.
That is that you first must open up a live trading account. Of course to do this you will need to pass the verification process for that broker. This typically means verifying your identity and residence. You should then make a deposit with the broker to get your account ready to trade.
Once you have done that, the process of receiving your card should be very easy. Just a simple request to the broker is all which is usually needed. Some forex brokers may charge a small fee to deliver the card, though others may not. Either way, it will not break the bank in receiving your new proprietary card.
Top 7 Forex Brokers with Prepaid Mastercard
When it comes to proprietary cards, here are the top 7 forex brokers we have found that can offer you a prepaid Mastercard if you are a trader with them:
Broker’s Proprietary Card vs other cards
What is the difference between using a broker’s proprietary card against using any other type of card. Well, the answer is that when it comes to your usual card benefits like international deposits and withdrawals, and more, as well as the safe and reliable service that your card offers, then there will be no change. You can still rely on these great things.
The only areas that really change are in terms of extra improvements. This means transactions and communications between your broker and you, using the proprietary card should be easier with possibly lower fees on deposit and withdrawals, lower conversion fees, and all round faster payment processing on both ends.
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