1. Home
2. Best Day Trading Platforms In 2026
3. Best Broker Payment Methods

Best 1ForYou Brokers 2026

Written By

James Barra

Written By

James Barra

Head of Content

James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.

» James Barra Profile Page

Edited By

Jemma Grist

Edited By

Jemma Grist

Broker Analyst and Editor

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

» Jemma Grist Profile Page

Fact Checked By

William Berg

Fact Checked By

William Berg

Securities Law Expert

William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.

» William Berg Profile Page

Updated

Mar 2, 2026

1ForYou is an innovative payment gateway that is bridging the gap between South Africa’s informal cash economy and digital finance. It’s a convenient deposit option for South African-based traders looking to fund their investment accounts.

1ForYou is no longer accepted by leading brokers. See other payment methods for online trading.

What Is 1ForYou?

1ForYou aims to provide online payment access to everyone, especially those without traditional bank accounts.

Clients can control their cash, make payments and top up wallets without the need for an official bank account. A 1ForYou account can also be used to fund bus tickets, Wi-Fi, trading and everything in between.

All communications through 1ForYou are in English, and the primary currency used is the South African Rand (ZAR), making it particularly popular with South African traders.

Whilst there is no registered office address, the company appears to operate from South Africa.

Fees

1ForYou does not charge transaction fees for using their vouchers, so you can make deposits and withdrawals from your trading account without incurring additional fees from 1ForYou itself. However, some brokers may add their own fees.

Be sure to read the broker’s full terms and conditions to avoid any nasty surprises further down the line.

Although not an explicit fee, it’s useful to know that the 1ForYou vouchers themselves do have an expiration date, for example, three years. And, if a voucher is lost or damaged, it cannot be replaced or refunded for cash.

The 1ForYou mobile app is also free to download from both the Apple App Store and Google Play Store.

Speed

Transactions will normally be executed instantly with 1ForYou. Funds are credited to your account at the click of a button, so you can make the most of potential trading opportunities.

However, one aspect that will slow things slightly is the fact that online top-ups are not facilitated. Having to physically go to a store to purchase a voucher will obviously take longer than making an online transfer, which may lead to active traders missing out on short-term opportunities.

Security

1ForYou provides limited information on security measures for protecting client funds. The main security feature is the unique 16-digit voucher pin required to redeem vouchers.

All transaction and personal information is encrypted according to international standards, and only authorized employees have access to this information.

However, there aren’t any certificates issued by regulatory bodies, markers of compliance or any documentation shared that could be used to benchmark against standard measures. This is a cause for concern because it is difficult to gauge what protection, if any, is afforded to traders wanting to use it.

How To Deposit Using 1ForYou

To deposit into your account, you will need to purchase a 1ForYou voucher. Vouchers can be purchased in cash or with a credit or debit card and you do not need to have a registered bank account to do so.

Vouchers are available online at many South African retailers and several flash traders, including PEP, FLASH, Ackermans, Shoprite, Checkers, OK, Usave, House and Home, and Dealz. A full partner network can be found on the company’s website.

To top up a trading account using a 1ForYou voucher at a broker like XM, you’ll need to follow a few simple steps:

1. Login to your broker account
2. Navigate to the cashier section
3. Select 1ForYou as your desired deposit method
4. Enter your 16-digit voucher pin

Funds will be credited to your account almost instantly. For the time being, it is not possible to top up your account online, which is a feature we hope to see made available soon.

Pros & Cons Of Funding Your Trading Account Using 1ForYou

Pros

Cons

Is 1ForYou Good For Day Trading?

If you are a trader based in South Africa, the 1ForYou network could be a convenient way to fund your trading account, especially if you don’t have a registered bank account. There are no set-up fees, deposits are credited instantly and the mobile app is convenient and easy to use.

We also like the ethos of the company and the gateway does a great job of connecting traditionally underserved, cash-rich markets with the online financial world.

However, there are downsides to consider. The fact that the company doesn’t offer online top-ups is a serious drawback. Some traders may also find limitations on overseas payments restrictive.

If we compare the 1ForYou gateway to the likes of PayPal or Mastercard, it is definitely more limited in the breadth of services offered. Moreover, the fact that it is only available in South Africa will be a sticking point for many day traders.

Overall, we’d say that the services offered are good but only suited to a small demographic and we wouldn’t necessarily recommend it over other payment methods.

FAQ

What Should I Do If My 1ForYou Voucher Is Not Working At My Broker?

If you have an invalid voucher, you need to recharge your pin or you have a question regarding reference numbers, contact the customer support team. Give them a call or send an email for assistance. The helplines are responsive and available during standard working hours.

Is It Cheap To Deposit To My Trading Account With 1ForYou?

Yes, 1ForYou does not generally charge any transaction fees, although some brokers may charge their own processing fees.