Top Bpay Brokers for 2025
We found 11 online brokers that are appropriate for Trading Bpay.
Best Bpay Brokers Guide
Analysis by Andrew Blumer, Updated Last updated - February 05, 2025
BPAY Brokers
BPAY brokers play a vital role in the financial landscape, offering traders a seamless way to manage their funds and engage in trading activities. These brokers accept payments through BPAY, a trusted and efficient payment method enabling users to pay bills quickly, including insurance premiums. By integrating BPAY into their trading platforms, brokers provide a secure and convenient avenue for traders to fund their accounts, eliminating the hassle of traditional payment methods like cheques or EFTPOS. Major Australian financial institutions support BPAY transactions, making it a widely accepted and reliable option for premium funding and other financial transactions. With features like the Deft reference number and support for major cards like Mastercard and Visa, BPAY brokers ensure a smooth payment experience for their clients.
Brokers That Allow BPAY Funding And Withdrawals
IC Markets
IC Markets emerges as a stalwart contender, particularly appealing to traders with a penchant for precision and speed. Its diverse range of advanced trading platforms, including MT4, MT5, cTrader, and TradingView, coupled with an efficient infrastructure, ensures minimal latency and lightning-fast execution, averaging a remarkable 40ms. IC Markets' commitment to offering tight spreads across a broad spectrum of financial instruments, from Forex to cryptocurrencies, solidifies its position as a top choice for seasoned traders. Additionally, features like free low latency VPS and sophisticated trading automation options underscore its suitability for trading, aligning perfectly with discerning requirements.
BPAY Support: IC Markets supports BPAY for both funding and withdrawals on live trading accounts. This feature provides a convenient and secure method for Australian traders to manage their funds.
RoboForex
RoboForex presents an intriguing proposition for traders seeking flexibility and competitive fees and trading tools. Its offering of high leverage and ultra-competitive spreads, starting virtually at zero, caters to the appetite for maximizing returns. The platform's adaptability across various interfaces, including MT4 and MT5, ensures seamless trading experiences regardless of location or device. While the platform empowers traders with features like EA scripting and high leverage options, it's important to remain mindful of the associated higher risk. Nonetheless, RoboForex's intuitive design and swift execution capabilities make it a compelling choice for capitalizing on rapid market movements across diverse trading instruments.
BPAY Support: RoboForex offers BPAY as a funding option, making it easier for Australian traders to deposit funds into their live trading accounts. Withdrawals via BPAY are also supported, ensuring a smooth transaction process.
Pepperstone
Pepperstone garners attention for its unwavering commitment to customer satisfaction and diverse trading offerings, catering to a broad spectrum of trader preferences. Whether the focus lies in trading or venturing into alternative asset classes, Pepperstone's comprehensive suite of options ensures that trading needs are met with precision. Backed by regulatory oversight from the FCA and ASIC, Pepperstone upholds the highest standards of integrity and reliability.
BPAY Support: Pepperstone supports BPAY for funding live trading accounts. This feature is particularly useful for Australian traders. Withdrawals via BPAY are also supported, providing a seamless transaction experience.
How Do BPAY Brokers Integrate BPAY As A Payment Method For Traders?
Traditionally, traders funded their accounts or made withdrawals using credit card payments, cheques, or EFTPOS. While these methods are familiar, they have limitations. Credit card payments attract fees, cheques can be slow and inconvenient, and EFTPOS requires account details to be shared.
BPAY brokers address these limitations by offering a seamless and secure integration of BPAY as a payment option. BPAY Pty Ltd (ABN 67 009 160 688), an Australian bill payment system, bridges a trader's financial institution and the broker's trading platform.
BPAY Reference Number: Brokers are assigned a unique BPAY biller code. This code and a reference number (often the trader's account ID) are displayed on the broker's platform during the deposit or withdrawal.
Available Payment Methods: When traders choose BPAY as their payment method, they are directed to a secure BPAY portal. Here, they can select their preferred financial institution from a list of participants, including central banks (e.g., Macquarie Bank), credit unions, building societies, and even Australia Post.
Deft Payment Systems: Once the financial institution is selected, the trader logs in using their Internet banking credentials. Deft reference numbers generated by BPAY Pty Ltd ensure secure communication between the institutions.
Seamless Integration: The trader sees the pre-filled BPAY reference number and the amount to be paid within the secure online banking environment. They can confirm the payment with a few clicks, and the funds are electronically transferred directly from their account to the broker's.
This integration eliminates the need to share bank details directly with the insurance broker, providing an extra layer of security. Additionally, BPAY transactions are typically processed within one business day, making them a much faster alternative to cheques.
What Are The Benefits And Advantages Of Using BPAY With Brokers For Deposits And Withdrawals?
BPAY offers several advantages for both traders and brokers when it comes to deposits and withdrawals. Here's a closer look at the benefits:
Convenience And Speed
BPAY transactions are faster and more convenient than traditional methods like cheques or EFTPOS. Payments are made directly from a trader's account manager or online banking platform, eliminating the need to visit a physical branch or write out cheques. Deposits typically reflect within a business day, allowing traders to access funds for trading quickly.
Reduced Costs
Unlike cheque or credit card payments that attract fees, BPAY transactions are generally free for traders. This eliminates the additional burden of transaction charges, allowing traders to keep more of their capital for investing. Brokers may also benefit from reduced costs for processing cheques or credit card payments.
Security And Reliability
BPAY boasts robust security features. Deft reference numbers and secure communication channels safeguard sensitive financial information during transactions. Additionally, BPAY is a well-established bill payment system in Australia, trusted by major financial institutions and millions of users. This ensures the reliability and success of BPAY payments for traders and brokers.
Ease of Use
The BPAY system is designed to be user-friendly. Traders select BPAY as their payment method on the broker's platform and follow the on-screen instructions. The system automatically retrieves their financial institution details, eliminating the need to enter account information manually. This streamlined process makes BPAY convenient for traders of all experience levels.
Are There Any Specific Fees or Limitations Associated With BPAY Transactions on Broker Platforms?
While BPAY typically does not incur any fees for traders, it's essential to consider potential charges associated with the payment process. Here's a breakdown of possible fees:
Broker Fees: Some brokers may impose a fee for using BPAY for deposits or withdrawals. It's crucial to check the broker's fee schedule before choosing BPAY as your preferred payment method.
Financial Institution Fees: While most Australian financial institutions do not charge fees for BPAY transactions, some may have specific policies. You should check with your bank or credit union for any potential charges associated with BPAY payments.
Minimum and Maximum Limits: Brokers may set minimum and maximum limits for BPAY deposits and withdrawals, usually outlined in the broker's terms and conditions.
Here are some additional limitations to consider:
Availability: Not all brokers in Australia offer BPAY as a payment option. Researching and choosing a broker that integrates BPAY for a smooth and convenient trading experience is advisable.
Transaction Speed: While BPAY transactions are generally processed quickly, there may be instances where it takes longer than a business day for funds to reflect in your trading account. This can depend on your bank or broker's specific policies.
How Secure And Reliable Are BPAY Transactions With Brokers, Especially Regarding Fund Transfers And Data Protection?
Security and reliability are paramount when it comes to online financial transactions. BPAY offers robust features to ensure the safety of both your funds and your personal information:
Secure Communication
BPAY leverages a secure communication protocol with reference numbers. This ensures that sensitive data, like account details, are encrypted during payment. Encryption scrambles your information, making it unreadable to anyone who intercepts it. This protects your financial information from falling into the wrong hands.
Two-Factor Authentication
Many Australian financial institutions utilize two-factor authentication (2FA) for online banking access. This significantly reduces the risk of unauthorized access to your bank account and subsequent misuse of BPAY for payments.
Regulatory Oversight
BPAY Pty Ltd is regulated and adheres to strict Australian financial regulations. These regulations ensure BPAY operates with the highest security standards and data protection protocols. Australian financial institutions are also subject to rigorous regulatory oversight, safeguarding your financial information.
Dispute Resolution
In the rare instance of an issue with a BPAY transaction, BPAY Pty Ltd has a well-defined dispute resolution process. This process allows you to file a complaint if you encounter any problems, such as late payments, missing payments, unauthorized payments, or incorrect transfers.
Data Protection
Privacy Policy: BPAY Pty Ltd has a comprehensive privacy policy outlining how it collects, uses, and stores your data. This policy ensures transparency and empowers you to understand how your information is handled.
Limited Data Sharing: Importantly, BPAY does not receive your bank account details during a BPAY transaction. Only the biller code, reference number, and payment amount are transmitted. This minimizes the amount of sensitive data shared during the process, reducing the risk of data breaches.
By employing these security measures and data protection practices, BPAY fosters a safe and reliable environment for online payments between businesses and financial institutions.
It's important to note that security is a shared responsibility. While BPAY offers robust features, practicing safe online habits is crucial, including using strong passwords, being cautious about opening suspicious emails, and staying vigilant against phishing attempts. By combining BPAY's security measures with your vigilance, you can ensure a secure and worry-free trading experience.
BPAY Brokers Verdict
BPAY has emerged as a game-changer for Australian traders seeking a convenient and cost-effective way to fund their trading accounts. Unlike traditional methods like cheques or credit cards, BPAY offers a secure and streamlined solution. By integrating directly with leading Australian brokers, BPAY eliminates the need for international transfers, EFTPOS transactions, or credit card fees. This allows traders to maximize their capital and focus on their trading strategies. With its speed, security, and ease of use, BPAY is poised to remain the preferred payment option for many Australian forex and CFD traders.
We have conducted extensive research and analysis on over multiple data points on Bpay Brokers to present you with a comprehensive guide that can help you find the most suitable Bpay Brokers. Below we shortlist what we think are the best bpay brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bpay Brokers.
Reputable Bpay Brokers Checklist
Selecting a reliable and reputable online Bpay trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Bpay more confidently.
Selecting the right online Bpay trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Bpay broker has a solid track record of at least two years in the industry.
- Verify that the Bpay broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Bpay broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Bpay broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Bpay brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Bpay broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Bpay Brokers in Our Brokerage Comparison Table
When choosing a broker for bpay trading, it's essential to compare the different options available to you. Our bpay brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each bpay broker.
- The funding methods available for bpay with each broker.
- The types of instruments you can trade with each bpay broker, such as forex, stocks, commodities, and indices.
- The trading platforms each bpay broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each bpay broker affects the cost of trading.
- The level of customer support each bpay broker offers, including their availability, responsiveness, and quality of service.
- Whether each bpay broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a bpay broker that best suits your needs and preferences for bpay. Our bpay broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Bpay Brokers of 2025 compared
Here are the top Bpay Brokers.
Compare bpay brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a bpay broker, it's crucial to compare several factors to choose the right one for your bpay needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are bpay brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more bpay brokers that accept bpay clients.
| Broker |
XTB
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XM
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AvaTrade
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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FXPrimus
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Trading212
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forexmart
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Eightcap
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| Regulation | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | SCB (Securities Commission of The Bahamas) (SIA-F220), ASIC (Australian Securities and Investments Commission) (391441), FCA (Financial Conduct Authority) (921296), CySEC (Cyprus Securities and Exchange Commission) (246/14) |
| Min Deposit | No minimum deposit | 5 | 100 | 25 | No minimum deposit | 100 | 1 | 15 | 1 | 15 | 100 |
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| Used By | 1,000,000+ | 10,000,000+ | 400,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 300,000+ | 3,000,000+ | 10,000+ | 80,000+ |
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| Platforms | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play) |
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Up with xtb |
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Up with xm |
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Up with avatrade |
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Up with easymarkets |
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Up with spreadex |
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| Risk Warning | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Your capital is at risk | Losses can exceed deposits |
| Demo |
XTB Demo |
XM Demo |
AvaTrade Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
FXPrimus Demo |
Trading 212 Demo |
ForexMart Demo |
Eightcap Demo |
| Excluded Countries | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, CA | RU | US |
All Bpay brokers in more detail
You can compare Bpay Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bpay Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Bpay brokers below.
Bpay Brokers Table of Contents
- Bpay Brokers Explained
- 6 Factors to Consider when Choosing Bpay Brokers
- Are Your Bpay Brokers Trusted And Established?
- Are The Bpay Brokers World Leading?
- What are the Bpay Brokers Commissions and Fees?
- What are the Bpay Brokers Funding and Withdrawl Methods?
- Find Bpay Brokers with Round-the-clock support?
- Make sure the Bpay Brokers Offer Comprehensive Trader resources?
- Why Bpay Brokers needs to be regulated?
- Bpay Brokers FAQ
- What are the best Bpay brokers?
- What is the best Bpay broker?
- Related Bpay Brokers Reviews
- Related Bpay Brokers Alternatives
- Related Bpay Brokers Comparisons
Bpay Brokers Explained
Trading volatile financial markets with Bpay Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Bpay Brokers to ensure a successful trading experience.
Selecting Bpay Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Bpay markets effectively.
Reliability is key to gaining access to financial markets. Look for Bpay Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Bpay Brokers confidently.
6 Factors to Consider when Choosing Bpay Brokers
Follow these five rules for selecting Bpay Brokers that are right for you:
Are Your Bpay Brokers Trusted And Established?
Search for a reputable Bpay Brokers with a extensive proven track record for Bpay, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Bpay broker is XTB. Established in 2002, and in operation for 23 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) regulatory bodies.
Another top rated broker is XM.
XM was established 2009, and in operation for 16 years XM have a head office in Cyprus.
XM is regulated. This means XM are supervised by and is checked for conduct by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) regulatory bodies.
| Broker |
XTB
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XM
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AvaTrade
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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FXPrimus
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| Year Established | 2002 | 2009 | 2006 | 2001 | 1999 | 2006 | 2001 | 2009 |
| Head Office | Poland | Cyprus | Ireland | Cyprus, Australia | UK | UK | UK | Cyprus |
| Regulation | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) |
| Used By | 1,000,000+ | 10,000,000+ | 400,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 300,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | Yes | No | No | No | No |
| Learn More | Visit XTB | Visit XM | Visit AvaTrade | Visit easyMarkets | Visit SpreadEx | Visit FxPro | Visit Admiral Markets | Visit FXPrimus |
| Risk Warning | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits |
Are The Bpay Brokers World Leading?
Opt for Bpay Brokers that set themselves apart as an industry leader by actively embracing innovation. Take XTB as an example, which is renowned for Segregates clients funds and boasts an extensive array of 6000 tradable instruments. Moreover, XTB caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the XTB platform enables access to a variety of financial markets worldwide. XTB is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bpay Brokers is XM. XM Segregates clients funds and offers over 1000 instruments.
| Broker |
XTB
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XM
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AvaTrade
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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FXPrimus
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| Instruments Available | 6000 | 1000 | 1000 | 275 | 10000 | 2100 | 8,000 | 130 |
| Platforms | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) |
| Excluded Countries | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | BE, BR, KP, NZ, TR, US, CA, SG | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. |
| Forex pairs offered | 57 | 55 | 55 | 150 | 55 | 70 | 40 | 45 |
| Forex pairs offered | 57 | 55 | 55 | 150 | 55 | 70 | 40 | 45 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | No | No | Yes | Yes | Yes | Yes | Yes | No |
| Commodities Offered | 21 | 15 | 17 | 12 | 16 | 30 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | Yes | Yes | No | No |
| Stocks Offered | 1696 | 160 | 1000 | 52 | 1000 | 1700 | 64 | 60 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the Bpay Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bpay broker XTB offers competitive offers for Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
Another top rated Bpay broker XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs. XM minimum deposit is 5. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
XTB
|
XM
|
AvaTrade
|
EasyMarkets
|
SpreadEx
|
FXPro
|
Admiral
|
FXPrimus
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 0 | 5 | 100 | 25 | 0 | 100 | 1 | 15 |
| Withdrawl Fees | Yes | No | No | No | No | No | No | No |
| Inactivity Fees | Yes | Yes | Yes | No | No | Yes | Yes | Yes |
| Deposit Fees | No | No | No | No | No | No | Varies | Varies |
| CFD Commission Fees | Yes | No | No | No | No | charge commissions on cTrader only | Yes | No |
What are the Bpay Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Bpay Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Bpay Brokers.
| Broker |
XTB
|
XM
|
AvaTrade
|
EasyMarkets
|
SpreadEx
|
FXPro
|
Admiral
|
FXPrimus
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | No | No | Yes | No | No |
| Skrill | Yes | No | No | Yes | Yes | Yes | Yes | No |
| Payoneer | Yes | No | Yes | No | Yes | No | Yes | Yes |
| Neteller | Yes | Yes | Yes | Yes | No | Yes | Yes | Yes |
Find Bpay Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Bpay Brokers.
Bpay Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Bpay Brokers can include phone answering services, live chat support, and email customer service support.
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
XM support a wide range of languages including Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish
XTB and XM offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
XTB
|
XM
|
AvaTrade
|
EasyMarkets
|
SpreadEx
|
FXPro
|
Admiral
|
FXPrimus
|
|---|---|---|---|---|---|---|---|---|
| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, German, Arabic, Chinese, Spanish and Polish | English | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian |
| Learn More | Visit XTB | Visit XM | Visit AvaTrade | Visit easyMarkets | Visit SpreadEx | Visit FxPro | Visit Admiral Markets | Visit FXPrimus |
| Risk Warning | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Bpay Brokers Offer Comprehensive Trader resources?
It's important to ensure your Bpay Brokers provide complimentary resources such as analysis, education, and risk management tools. XTB and XM collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Bpay Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Bpay Brokers.
Why Bpay Brokers needs to be regulated?
Regulated Bpay Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Bpay Brokers.
Consumers are protected by Bpay Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Bpay Brokers is necessary to prevent fraud. The Bpay Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Bpay Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Bpay Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.