Best Giropay Brokers Guide
Giropay Brokers
What is Giropay?
Giropay is a payment company based in Germany.
It was introduced in February 2006 as an internet payment platform. With it, customers can buy products and services on the internet securely as direct online transfers are done from one's bank account.
The Giropay platform is similar to MyBank and the Dutch IDEAL. It is owned by giropay GmbH and many Giropay brokers are encouraging customers to use the platform while depositing funds or withdrawing profits.
Giropay Transaction Volume
More than a million transactions are processed by the Giropay platform every month. In May 2007 it reached a milestone of 100 million euros. In the following year, it processed 3.2 million transfers in online purchases.
Giropay Scope
Many German cooperative banks and financial agencies are taking part in the platform. However, not all private banks are participating. The well known Deutsche Postbank is one of the major participating banks.
Currently Giropay serves about 17 million online banking customers in Germany. This is more than half of all the commercial bank accounts.
In short, Giropay serves the vast majority of the online banking market in the country and Giropay brokers play an important role in this context.
Giropay Process
Forex Giropay brokers help traders to make transactions in real-time and they claim it to be a virtually risk-free method, which is similar to online banking websites of German banks. However, the security level relies heavily on the participating bank as some of those use the two-factor authentication.
How Giropay Works
Most of the merchants offer the payment method along with other options.
Customers need to select Giropay first and thereafter the bank.
Clicking on the bank option the consumer is taken to the bank's login page.
Transaction data is displayed on the webpage of the participating bank.
Customers are asked here to enter the PIN, account number and other details.
Once the data is correctly submitted, the bank authorizes the transaction.
The consumer is then taken to the merchant page showing confirmation that the payment is successful.
Giropay users are guaranteed with payments of up to 5,000 euros.
Giropay Costs
Giropay charges are based on per transaction. However, if the volume of the transaction is more, the average fee becomes less.
Giropay Verdict
Giropay is a German-based online payment method and as it is directly linked with participating banks, it is one of the most secured modes of payment solutions.
Today, many consumers look for Giropay brokers as they prefer making payment through the platform. It is convenient as well as fast.
We've collected thousands of datapoints and written a guide to help you find the best Giropay Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best giropay brokers below. You can go straight to the broker list here.
Reputable Giropay Brokers Checklist
There are a number of important factors to consider when picking an online Giropay trading brokerage.
- Check your Giropay broker has a history of at least 2 years.
- Check your Giropay broker has a reasonable sized customer support of at least 15.
- Does the Giropay broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Giropay broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Giropay broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Giropay can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering Giropay Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Giropay Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Giropay Brokers of 2021 compared
Here are the top Giropay Brokers.
Compare Giropay Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are giropay brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more giropay brokers that accept giropay clients
| Broker |
IC Markets
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XTB
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FP Markets
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City Index
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Roboforex
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Plus500
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Pepperstone
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SpreadEx
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Forex.com
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OctaFX
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NordFX
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Cyprus Securities and Exchange Commission (CySEC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 200 | No minimum deposit | 100 | 25 | 1 | 100 | 200 | 1 | 100 | 5 | 1 |
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| Used By | 60,000+ | 250,000+ | 10,000+ | 14,000+ | 10,000+ | 15,500+ | 10,000+ | 10,000+ | 150,000+ | 30,000+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps | MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with fpmarkets |
Sign
Up with cityindex |
Sign
Up with roboforex |
Sign
Up with plus500 |
Sign
Up with pepperstone |
Sign
Up with spreadex |
Sign
Up with forexcom |
Sign
Up with octafx |
Sign
Up with nordfx |
| Risk Warning | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 79.3% 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 | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
IC Markets Demo |
XTB Demo |
FP Markets Demo |
City Index Demo |
Roboforex Demo |
Plus500 Demo |
Pepperstone Demo |
SpreadEx Demo |
Forex.com Demo |
OctaFX Demo |
NordFX Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | US, JP, NZ | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | US, JP | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US, TR | BE | US | No |
All Giropay brokers in more detail
You can compare Giropay 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 Giropay Brokers for 2021 article further below. You can see it now by clicking here
We have listed top Giropay brokers below.
Giropay Brokers Table of Contents
- Giropay Brokers Explained
- 6 Factors to Consider when Choosing Giropay Brokers
- Are Your Giropay Brokers Trusted And Established?
- Are The Giropay Brokers World Leading?
- What are the Giropay Brokers Commissions and Fees?
- What are the Giropay Brokers Funding and Withdrawl Methods?
- Find Giropay Brokers with Round-the-clock support?
- Make sure the Giropay Brokers Offer Comprehensive Trader resources?
- Why do Giropay Brokers need to be regulated?
- Giropay Brokers FAQ
- What are the best Giropay brokers?
- What is the best Giropay broker?
- Related Giropay Brokers Reviews
- Related Giropay Brokers Alternatives
- Related Giropay Brokers Comparisons
Giropay Brokers Explained
Trading the financial markets with Giropay Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Giropay Brokers is the platform that a Giropay Brokers offer.
Choose Giropay Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Giropay Brokers that you can rely on.
6 Factors to Consider when Choosing Giropay Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Giropay Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Giropay broker is IC Markets. Established in 2007, and in operation for 12 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 Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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XTB
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FP Markets
|
City Index
|
Roboforex
|
Plus500
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| Year Established | 2007 | 2002 | 2005 | 1983 | 2009 | 2008 |
| Head Office | Australia | Poland | Australia | UK | Cyprus | Israel |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Cyprus Securities and Exchange Commission (CySEC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 |
| Used By | 60,000+ | 250,000+ | 10,000+ | 14,000+ | 10,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | Yes | Yes | No | Yes |
| Guaranteed Stop Loss | No | No | No | Yes | No | No |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit City Index | Visit Roboforex | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Are The Giropay Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, IC Markets supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. 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 Giropay Brokers is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
IC Markets
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XTB
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FP Markets
|
City Index
|
Roboforex
|
Plus500
|
| Instruments Available | 232 | 4000 | 100 | 12500 | 100 | 2500 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | 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, JP, NZ | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | US, JP | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 65 | 50 | 60 | 100 | 35 | 100 |
| Forex pairs offered | 65 | 50 | 60 | 100 | 35 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 19 | 21 | 18 | 26 | 21 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 100 | 1696 | 10000 | 4500 | 0 | 1816 |
| UK Shares | No | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Giropay Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Giropay broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Giropay broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
| Broker |
IC Markets
|
XTB
|
FP Markets
|
City Index
|
Roboforex
|
Plus500
|
| Min Deposit | 200 | 0 | 100 | 25 | 1 | 100 |
| Withdrawl Fees | No | varies | No | Varies | Yes | No |
| Inactivity Fees | No | No | No | Yes | No | Yes |
| Deposit Fees | Varies | No | Yes | Varies | No | No |
| CFD Commission Fees | Yes | Yes | Yes | 0.0015 | No | No |
What are the Giropay Brokers Funding and Withdrawal Methods?
When dealing with Giropay Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
|
XTB
|
FP Markets
|
City Index
|
Roboforex
|
Plus500
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | Yes | Yes | No | No | Yes |
| Payoneer | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | No | Yes | No |
Find Giropay Brokers with Round-the-clock support?
Customer service is very important when dealing with Giropay Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Giropay Brokers customer support 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
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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XTB
|
FP Markets
|
City Index
|
Roboforex
|
Plus500
|
| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, German, Arabic, Polish, and Chinese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit IC Markets | Visit XTB | Visit FP Markets | Visit City Index | Visit Roboforex | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Make sure the Giropay Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Giropay Brokers need to be regulated?
A regulated Giropay broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Giropay brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Giropay Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account