Payment Methods
Here we bring up the various deposit- and withdrawal methods for forex trading and crypto trading. Regardless of which method that might be of interest, you can click on the logo below and learn more about all brokers available for a specific payment method.
Table of Contents: Overview
Apple Pay
One of the most common and fastest payment methods that definitely all Apple users have is Apple Pay. Apple PayBy having Apple Pay built into your phone, computer, iPad or iWatch, you can quickly deposit money at any currency or online traditional broker. Rarely has it been so easy to get started with online trading. All you need is your mobile and eye recognition, so you are ready to embark on an exciting journey. Soon you will find the market’s best trading sites with Apple Pay here.
Bank transfer
Deposit money through traditional bank transfer if you want to use an established and secure method that is supported by virtually all currency brokers. This method is mainly used if you have problems with a faster method, or if you want to make slightly larger deposits. Find all the forex brokers with bank transfer as a payment method here.
BACS
This direct transfer method within the UK is highly secure and popular for British based forex brokers. In 4 simple steps, you can get started with a new BACS broker. See all the costs accociasted with BACS, learn how to register a trading account this way and find the biggest benefits and disadvantages. See the top list of BACS brokers here.
Bitcoin
Bitcoin is becoming an increasingly common method for both deposits and withdrawals. If the price of Bitcoins goes up as lot, then you have more to trade for. Currently, you can deposit Bitcoin on sites such as AvaTrade and a few crypto exchanges obviously. More are certainly on the way within short. See a full list of all Bitcoin brokers here.
Broker to broker
Oh no, did you choose the wrong forex broker? Someone who’s on our scam alert list perhaps? Then there is an excellent transfer method called “Broker to Broker”. It is based on the fact that you can switch from one “broker” to another. At present, there are not very many sites that allow broker to broker transfers. Check out the top list of the 7 best broker to broker options (live in a few days).
Ethereum
If you are eager to withdraw or deposit Ethereum in your account for crypto trading, stock trading or currency trading, it is now possible. Our favorite choice is Easy Forex, a completely innovative player in trading. Namely, they offer a loss insurance, usually at a cost of between £2 and £3 for a deal of £5000, where you do not lose anything extra (apart from the insurance cost) if the market goes in the “wrong direction”. Quite a cool idea and we think it will be quite popular among many who want to minimise the risk without using stop-loss.
Klarna
For smoother transfers, there are three ways to get started with Klarna: Pay at once, pay later or split the payment. Many people like the opportunity to be able to delay payments with Klarna, giving you access to 30 days invoice payment. Others appreciate that the payments are so quick. Try yourself Klarna with 1 of 3 brokers today (more info soon).
Mastercard
Mastercard is the second most established solution for card payments. They support a large number of sites in currency trading and online trading. Since almost everyone has either a Mastercard or VISA card in their wallet, it is quick and easy to get started with any currency broker in no time. See a top list of the best trading sites with Mastercard as a payment solution.
MultiBanco
In both Brazil and Portugal, Multibanco is about as popular as credit cards in the UK, ie it is cleaned by virtually all companies. MB Way is the name of the app that can be used in a simple way when you are familiar with the system. Everything is connected to your local bank, so security is top notch. See a top list of all Multibanco forex brokers here (going live soon).
Neteller
A convenient and anonymous way to deposit money into your forex account. Normally, there are limits of a maximum of £10,000 per deposit with Neteller. Almost all reputable currency brokers today have Neteller as a given deposit method. See the top list of all Neteller trading brokers here (live in a few days).
PayPal
Since many people get paid to their PayPal address, either via eBay or as a direct payment, many people have a little extra money in the account. Then it can be a great idea to get started with an online trading site, for your leftover money. See a top list of all PayPal brokers here.
Sofort
Sofort has mainly been big in Germany and they have now merged with Klarna, which you probably already know. Their motto is to make online shopping & trading smoooth, where you completely avoid opening an account. Klarna and Sofort also do not save customer data, which many appreciate. With Klarna (formerly Sofort) it is possible to complete payments through your own online bank, in a secure and fast way. Try it yourself, or check out our top list of all brokers with Klarna as a payment option here.
Trustly
If you like direct payments at the touch of a button, in a both secure and easy manner – then Trustly as a payment method may be something for you. The fast-growing Swedish payment solution is becoming increasingly popular internationally, but is still not to be found among the majority of all forex brokers. Just under 5 are on our top list of all Trustly Brokers.
VISA
Your VISA card is a flexible method that allows you to get started with forex trading immediately. VISA is the world’s largest payment card, with over one billion users. Fortunately, there are not 1 billion forex trading sites listed with VISA cards. But see our overview with about all currency brokers offering VISA as a deposit method (it will be here in a few days).