How I funded my forex trading account with my Naira debit Mastercard

Forex Trading Nigeria

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Posted by on Thursday September 10, 2015 at 11:34:0:

You can fund your forex account directly by using your Naira debit card as long as your broker accepts card payments. I decided to fund my AGEA trading account recently using my Naira Mastercard and it was funded in minutes. Since it was the first time I was doing it, I had to first submit a copy of the card for verification before I was able to use it for funding my account.

How I did it:
1. Log into my AGEA account and went to account center

2. I Clicked on Deposit funds

3. I Selected to deposit by Credit card

4. Since it was my first time, I went to step 5 else I'll just proceed to step 6.

5. If it's your first time, do a Credit Card verification(C.C.V.)

C.C.V. steps:
a. Scan the front and back of your debit issued by your bank but partly cover the card number and CVV code at the back in prescribed format
b. Click to upload your credit/debit card information
c. Submit the date and wait to be verified
d. After your card has been verified, you can use it for funding your forex trading account
e. After about 15 minutes, I got an email telling me that my credit/debit card has been verified and that I can now use it for funding my account. I just decided to fund it with $50.

6. I filled in the required form details which should include your card number as sender account number and so on

7. I Clicked on the Deposit funds button to continue

8. Filled in the card details on the payment gateway page and submitted

9. I received an OTP from the site. I entered the OTP and submitted the form.

The first one was not successful so I tried again and at the second attempt, It was successful, and I received a positive feedback and a payment receipt emailed by Sorexpay.

I also got an email notification from AGEA that funds have been received but I only received $47.75 instead of $50 that I sent. It Seems they charge a commission of about 4.5% and so if I wanted an exact $50 credited to my account, I ought to have paid about $53 and if it was $100 I wanted to be credited, I would have to pay about $105.