Digital Wallets for 2025
We found 11 online brokers that are appropriate for Trading Digital Wallets.
Digital Wallets Guide
Analysis by Andrew Blumer, Updated Last updated – June 17, 2025
Digital Wallets
We are in the midst of a technological era, and with that comes the age of digital wallets. Many are already familiar with this newly introduced, monetary-system. But, for others seeking more information, they may want to understand the product better and learn the pros and cons of using digital wallets. In this article, we will take an in-depth look at digital wallets.
Also known as 'e-wallets', digital wallets are simply software-based systems tasked with securely storing financial information and passwords of users to be used for various payment methods.
With the help of digital wallets, users are able to buy goods and services quickly and easily at the merchant's POS (point of sale) through the use of near-field communications technology.
The digital wallet system creates strong passwords that are not necessary for the user to remember in their future transactions.
Digital wallets are also being implemented in mobile payment systems. This enables users to make a payment for purchases with the help of their smartphones.
More than this, digital wallets can be used for storing digital coupons and loyalty card information as well.
Digital Wallets Key Highlights
- Digital wallets, or e-wallets, are financial accounts that help a user make transactions, store funds, and track payment histories with their computer.
- Digital wallet software is applied to the mobile apps of banks or as a payment platform for companies like 'Alipay' and 'PayPal'.
- These wallets serve as the main interface for Bitcoin, Litecoin, and other such cryptocurrencies.
Digital Wallets Explained
With digital wallets, there is almost no need to carry a physical wallet anymore. The software stores all payment information of a user compactly and securely.
Moreover, digital wallets are a blessing in diguise for several companies that collect consumer data. It is important for companies to know the purchasing habits of their customers, so that they can market their products effectively. This sounds good, but it could also be considered a downside, due to privacy issues.
In developing countries, people are encouraged to make use of digital wallets to the fullest extent possible within the global financial system. With a digital wallet people can accept payments for services rendered, and they can also send funds to family members and friends.
Digital wallets require no bank account, and the provider requires no physical form or branch. Recently, these are being more widely promoted in poor and rural areas.
Bitcoin, Litecoin and other such cryptocurrencies rely heavily on digital wallets.
Digital Wallets Examples
Some of the most popular digital wallets are: 'Wal-Mart', 'Vodafone-M-Pesa', 'AliPay', 'Venmo', 'PayPal', 'Google Wallet', and more. Currently, the top three are 'Google', 'Amazon', and 'Apple'. They allow users to store cash in their smartphone and spend it on purchases, both on and offline.
We mentioned above that 'near field communications technology' is used in digital wallets. This is simply the technology of making transactions complete by bringing two smart devices within close range of each other.
'Google's' payment system is one of the most commonly used digital wallets to date. And, the company has recently come up with a 'physical' wallet card to help users purchase goods and services at such points of sale where digital wallets are not yet accepted. The card is basically connected to the 'Bank of Google'.
Lately, 'Google' has combined 'Android Pay' and 'Google Wallet' into one service called 'Google Pay'. Similarly, 'Apple' has partnered with 'Goldman Sachs' for the issuing of 'Apple' credit cards. This has expanded the reach of 'ApplePay' services.
Digital Wallets Verdict
In this era of advancing technology, payment methods cannot fall behind. Today, there are dozens of digital wallets, and all of them are being used for making the purchase of goods and services easier, faster, and more secure— online or offline. Digital wallets are a revolutionary concept. They have helped individuals overcome the burdensome habit of carrying paper notes and coins. Digital wallets function through a smartphone and are accepted across a vast number of merchants.
However, it should be noted that companies like 'Google', 'Apple', and 'Amazon' are able to track the purchasing behavior of users in order to make offers accordingly. This may cause some unease among some digital wallet users due to privacy issues; but, others may feel more comfortable with it, as the offers are catered to their own individual tastes and requirements.
Apart from all these, digital wallets are one of the best inventions in the past decades equipped with more pros than cons. These have been widely accepted by consumers across the world, and have gained popularity within just years of launching the very first digital wallet.
We have conducted extensive research and analysis on over multiple data points on Digital Wallets to present you with a comprehensive guide that can help you find the most suitable Digital Wallets. Below we shortlist what we think are the best digital wallets after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Digital Wallets.
Reputable Digital Wallets Checklist
Selecting a reliable and reputable online Digital Wallets 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 Digital Wallets more confidently.
Selecting the right online Digital Wallets trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Digital Wallets broker has a solid track record of at least two years in the industry.
- Verify that the Digital Wallets broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Digital Wallets 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 Digital Wallets broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Digital Wallets brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Digital Wallets 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 Digital Wallets in Our Brokerage Comparison Table
When choosing a broker for digital wallets trading, it's essential to compare the different options available to you. Our digital wallets 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 digital wallets broker.
- The funding methods available for digital wallets with each broker.
- The types of instruments you can trade with each digital wallets broker, such as forex, stocks, commodities, and indices.
- The trading platforms each digital wallets broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each digital wallets broker affects the cost of trading.
- The level of customer support each digital wallets broker offers, including their availability, responsiveness, and quality of service.
- Whether each digital wallets broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a digital wallets broker that best suits your needs and preferences for digital wallets. Our digital wallets broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Digital Wallets of 2025 compared
Here are the top Digital Wallets.
Compare digital wallets brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a digital wallets broker, it's crucial to compare several factors to choose the right one for your digital wallets needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are digital wallets. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more digital wallets that accept digital wallets clients.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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ThinkMarkets
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Trading212
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| Rating | |||||||||||
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | 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) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | 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) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | 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) |
| Min Deposit | 200 | 50 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 | 50 | 1 |
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| Used By | 200,000+ | 35,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 450,000+ | 3,000,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, 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 | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
Sign
Up with thinkmarkets |
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Up with trading212 |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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. 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. |
| Demo |
IC Markets Demo |
eToro Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
Trading 212 Demo |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | 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 | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | US, CA |
All Digital wallets in more detail
You can compare Digital Wallets 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 Digital Wallets for 2025 article further below. You can see it now by clicking here
We have listed top Digital wallets below.
Digital Wallets Table of Contents
- Digital Wallets Explained
- 6 Factors to Consider when Choosing Digital Wallets
- Are Your Digital Wallets Trusted And Established?
- Are The Digital Wallets World Leading?
- What are the Digital Wallets Commissions and Fees?
- What are the Digital Wallets Funding and Withdrawl Methods?
- Find Digital Wallets with Round-the-clock support?
- Make sure the Digital Wallets Offer Comprehensive Trader resources?
- Why Digital Wallets needs to be regulated?
- Digital Wallets FAQ
- What are the best Digital wallets brokers?
- What is the best Digital wallet broker?
- Related Digital Wallets Reviews
- Related Digital Wallets Alternatives
- Related Digital Wallets Comparisons
Digital Wallets Explained
Trading volatile financial markets with Digital Wallets can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Digital Wallets to ensure a successful trading experience.
Selecting Digital Wallets 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 Digital Wallets markets effectively.
Reliability is key to gaining access to financial markets. Look for Digital Wallets that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Digital Wallets confidently.
6 Factors to Consider when Choosing Digital Wallets
Follow these five rules for selecting Digital Wallets that are right for you:
Are Your Digital Wallets Trusted And Established?
Search for a reputable Digital Wallets with a extensive proven track record for Digital Wallets, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Digital Wallets broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 18 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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eToro
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Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
SpreadEx
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2010 | 2006 | 2005 | 2001 | 1999 | 2006 |
| Head Office | Australia | Cyprus, UK | Australia | Ireland | Australia | Cyprus, Australia | UK | UK |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | 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) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | 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) |
| Used By | 200,000+ | 35,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | Yes | No | No | Yes | No | No |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit SpreadEx | Visit FxPro |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Are The Digital Wallets World Leading?
Opt for Digital Wallets that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets 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 IC Markets platform enables access to a variety of financial markets worldwide. IC Markets 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 Digital Wallets is eToro. eToro Segregates clients funds and offers over 6000 instruments.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 6000 | 1200 | 1000 | 10000 | 275 | 10000 | 2100 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, 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) |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | 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 |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 150 | 55 | 70 |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 150 | 55 | 70 |
| 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) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 31 | 16 | 17 | 18 | 12 | 16 | 30 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2100 | 2042 | 1100 | 1000 | 10000 | 52 | 1000 | 1700 |
| 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 | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Digital Wallets Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Digital Wallets broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Digital Wallets broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 50. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 50 | 0 | 100 | 100 | 25 | 0 | 100 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | No | Yes | No | No | No | Yes |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No | No | charge commissions on cTrader only |
What are the Digital Wallets Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Digital Wallets. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Digital Wallets.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
SpreadEx
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | No | No | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes | Yes | Yes |
| Payoneer | No | No | Yes | Yes | No | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
Find Digital Wallets with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Digital Wallets.
Digital Wallets 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 Digital Wallets can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
SpreadEx
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | 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, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | 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 |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit SpreadEx | Visit FxPro |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Make sure the Digital Wallets Offer Comprehensive Trader resources?
It's important to ensure your Digital Wallets provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro 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 Digital Wallets. 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 Digital Wallets.
Why Digital Wallets needs to be regulated?
Regulated Digital Wallets lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Digital Wallets.
Consumers are protected by Digital Wallets regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Digital Wallets is necessary to prevent fraud. The Digital Wallets working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Digital Wallets is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Digital Wallets List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer 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,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro 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
MT4, MT5, TradingView, cTrader, WebTrader, Mobile 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
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
ThinkTrader, WebTrader, TradingView, TradingView, 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
Learn more
Losses can exceed deposits
Losses can exceed deposits