cashU is a fairly old online payment method that is mostly used in North Africa and Middle East. The purpose of this service is to provide the young people of these regions with a user-friendly and accessible payment option that can help the make purchases online, or deposit funds into different websites.
cashU is one of the most preferred methods to deposit money into your Forex account. However, keep in mind that most brokers will only allow you to deposit money via cashU. This means that you’ll need to find an alternative way to withdraw your money. Here is a list of brokers who accept cashU as a way of payment.
|Title||Minimum deposit||Min.position size|
Understanding More about cashU Forex Brokers
There are different options of brokers available out there. If you are ready to do online Forex trading, choosing a platform will be one of the most important decisions that you can make. Among the many names in the industry, keep in mind that cashU Forex brokers are one of the best with several advantages and benefits – especially for your financial security.
CASHU was established in 2003 by Maktoob in Amman, Jordan. After that when Yahoo! acquired Maktoob in November 2009 the ownership of CASHU was transferred to Jabbar Internet Group.
When compared to other brokers and trading platforms, this cashU system is one of the oldest. It has been used in the Middle East as well as the North America for many years. The platform has a basic idea and purpose: providing easy, accessible, and user-friendly payment option for young people so they can always make the easy funds deposit or online purchases – even though they are doing the activities in different websites.
The official website was officially launched in 2013, used widely by a lot of online gamers as well as e-commerce clients and buyers. Most people living in the area have very limited access to credit cards and debit cards. This online payment method has become a popular choice in the Forex trading because of the easy access. This payment method has a very set and deep focus on Arabic users so those things are considered a taboo or offensive.
Since the basic idea is to provide the users with easy and quick access to money without using any debit or credit card, you can’t deposit your money with those cards. When you want to make a deposit, you need to visit one of the cashU offices or use a special prepaid voucher so your account can be loaded. Although most brokers prefer this method to deposit the money, you may need to consider another account when you want to make a withdrawal.