because it need high fees
the bank which gives it will give lot fees to receive the money from outer country
I agree with you sir, that is one reason why brokers do not accept payment by credit card is one of the reason is the high bank charges will be requested at the time of sending the funds to the brokerage firm account
ma to insta forex ko use kar raha ho aur insta forex broket to debit card ko except karta ha baki broker ka to ma kuch kahe nahi sakta muje to sirf insta forex broker ka pata ha aur ja debit card ko ccept karta ha
There are very many forex broker that have deffrence way of having the or the dont offer the service of you having to there money most they as for the online money transfer of funds and if you ahead and check them carefully they dont have a good technology of tradeing
my bro,we know that Forex is online business in which one can face both profit and loss also.Forex brokers don't accept debit card directly because they are afraid of costumers that they will not pay directly after facing loss in Forex market and the brokers don't want to undergo losses.
there may be allot of situations by which the brokers do not accept it.in my views the major issue is of reverse process by which the payment would sent again to the sender.for that reason they avoid it.
For the payment and the deposit brokers have their own choice and in the case of Forex i must say that it would be preferable for them to use the electronic way to transaction, debit and credit card usage may fails some times and they can't afford the risks at the time of payments. it loses their worth in the eye of the trader as well.