Best Bitwallet Brokers 2026

Bitwallet is a digital wallet that allows traders to deposit, withdraw and convert four fiat currencies and make instant payments to brokers. It is popular thanks to the convenience of transfers through its electronic wallet or API and its up-to-date security measures.

This tutorial ranks the best brokers that accept Bitwallet deposits. Our team also explain how traders can use the payment method to fund their accounts with Bitwallet brokers.

Best Bitwallet Brokers

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Our extensive tests have revealed the following 5 brokers that accept Bitwallet deposits:

Tested with a live trading account Accepts traders from Canada Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Canada
   1

   PU Prime

   4.5/ 5

   Visit PU Prime Read review
   • Demo account
   • Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
   • Min. deposit: $20
2. 2

   Focus Markets

   3.6/ 5

   Visit Focus Markets Read review
   • Demo account
   • Regulator: ASIC
   • Platforms: MT5, TradeLocker
3. 3

   FXGiants

   3.0/ 5

   Visit FXGiants Read review
   • Demo account
   • Regulator: FCA, BVIFSC
   • Platforms: MT4
4. 4

   TopFX

   3.8/ 5

   Visit TopFX Read review
   • Demo account
   • Regulator: CySEC, FSA, BVI
   • Min. deposit: $50
5. 5

   IFC Markets

   2.9/ 5

   Visit IFC Markets Read review
   • Demo account
   • Regulator: BVI FSC
   • Platforms: NetTradeX, MT4, MT5

Learn how we test brokers and why you can trust our ratings.

Here is a short overview of each broker's pros and cons

1. PU Prime 4.5/5 PU Prime is a forex and CFD broker offering direct market access on forex, commodities, stocks, bonds, indices, and ETFs. With four account types (Cent, Standard, Prime, ECN) and multiple platforms, from MetaTrader to its own PU Prime app, it’s built for active traders at every level.
2. Focus Markets 3.6/5 Established in 2019, Focus Markets is an Australian-based MetaTrader and TradeLocker broker offering access to over 1,000 tradable instruments, including forex, commodities, indices, stocks, and a particularly large selection of crypto derivatives.
3. FXGiants 3.0/5 FXGiants is a global CFD broker with FCA regulation and hundreds of products available with STP or ECN execution. We like that the broker boasts several useful features, supporting always-on, ultra-fast automation via its dedicated fibre-optic VPS.
4. TopFX 3.8/5 TopFX, a Cyprus-headquartered company, has been an instrumental player in the financial services industry since its establishment in 2010, earning a solid reputation as a reliable broker for active traders. Initially, the company offered liquidity services to institutional clients, including hedge funds, banks, and brokers. However over the years, TopFX has grown to include retail traders in its clientele. It was one of the first brokers in the world to offer cTrader, a testament to its commitment to innovation.
5. IFC Markets 2.9/5 Established in 2006, IFC Markets is an STP/ECN broker that stands out with unique synthetic indices, a choice of fixed and floating spread accounts, and a smooth sign-up process that took minutes during testing.

Compare The Best Bitwallet Brokers

Compare The Best Bitwallet Brokers

Broker	Minimum Deposit	Instruments	Platforms	Leverage
PU Prime	$20	CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent)	PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist	1:1000
Focus Markets	$100	CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs	MT5, TradeLocker	1:1000
FXGiants	$100	Forex, CFDs, indices, shares, commodities, futures	MT4	1:30 (UK), 1:1000 (Global)
TopFX	$50	CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency	MT4, MT5, cTrader, AutoChartist, TradingCentral, Quantower	1:500
IFC Markets	$1	CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs, Synthetics	NetTradeX, MT4, MT5	1:400

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
PU Prime	4.2 / 5	2.7 / 5	1870	4.8 / 5	4.2 / 5
Focus Markets	-	3.3 / 5	6	4.8 / 5	4.8 / 5
FXGiants	-	2.1 / 5	151	4.8 / 5	4.6 / 5
TopFX	-	4.4 / 5	485	4.2 / 5	3.8 / 5
IFC Markets	-	3.3 / 5	566	4.3 / 5	4.8 / 5

PU Prime

4.5/ 5

Visit PU Prime PU Prime review

PU Prime is a great fit for experienced, high-volume traders with its ECN account offering tight spreads from 0.0 pips and low commissions from $1/side. The addition of an easy-to-use copy trading app, alongside the stacked Trading Academy with progression levels, also makes PU Prime a strong option for aspiring traders.

PU Prime quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent)

Regulator

ASIC, FSCA, FSA, FSC, CMA-UAE

Platforms

PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist

Minimum Deposit

$20

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD

Pros

• The platform lineup is strong, with the PU Prime Web Trader and app especially smooth to use with a modern design, easy-to-configure order tickets and responsive charts for fast entries and exits.
• PU Prime has upped its game over the years, including launching its PU Social app in 2022, securing ASIC authorization for its Australian entity in 2025, and adding over 200 trading instruments, bringing the total to 1,000+, while 2026 brought around-the-clock share CFDs on prominent US stocks.
• There’s a great suite of tools for short-term traders, from practical margin and position sizing calculators to economic calendars and strong technical insights via Autochartist.

Cons

• The in-house market updates are useful for a quick read, but they’re generally high-level and don’t go deep enough for serious strategy building or advanced analysis.
• While PU Prime holds licenses in Australia (ASIC) and South Africa (FSCA), its offshore entities have been flagged by UK, North American, and European regulators for providing services without local authorization.
• Getting through to customer support can be fiddly and slow to reach a human – in our latest checks we had to navigate multiple chatbot menus and questions then enter contact details before getting to an agent.

Visit PU Prime PU Prime review

Focus Markets

3.6/ 5

Visit Focus Markets Focus Markets review

Focus Markets is perfect for experienced active traders familiar with MetaTrader 5 or TradeLocker, offering flexible crypto transactions (USDT and BTC) and access to over 90 cryptocurrencies for seamless speculation, deposits, and withdrawals.

Focus Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs

Regulator

ASIC

Platforms

MT5, TradeLocker

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, SGD

Pros

• It has undergone a website, account area and brand refresh with a slicker, more modern design that makes understanding its trading accounts and features easier for prospective clients and new users.
• Focus Markets is regulated by ASIC – one of the most respected regulatory bodies in the financial industry, requiring safeguards like negative balance protection, ensuring eligible retail clients can’t lose more than their balance in volatile markets.
• Focus Markets excelled in the deposit and withdrawal category during testing, offering more base currencies than most competitors, including USD, CAD and EUR - and a range of traditional and popular crypto payment options, including BTC and USDT.

Cons

• Focus Markets still has a long way to go to compete with the best brokers - with virtually zero research tools and education, plus limited value-add features like VPS hosting, copy trading and swap-free accounts.
• It mainly supports MT5 and TradeLocker, excluding popular platforms like MT4, cTrader and the increasingly popular charting package with active traders - TradingView.
• Regulatory protection is a location lottery at Focus Markets – Australian traders benefit from strong ASIC oversight, but those using the SVGFSA-registered entity face limited recourse options in disputes.

Visit Focus Markets Focus Markets review

FXGiants

3.0/ 5

Visit FXGiants FXGiants review

FXGiants is best suited to retail investors looking to trade a wide range of stocks with STP/ECN execution and the charts and algo trading tools of MT4.

FXGiants quick facts

Demo Account

✔Yes

Instruments

Forex, CFDs, indices, shares, commodities, futures

Regulator

FCA, BVIFSC

Platforms

MT4

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF, PLN, CZK

Pros

• FXGiants caters to all client types with both STP and ECN account choices and several hundred investment products
• Zero spreads on some account types cater to day traders
• Top-tier regulation from the UK's FCA for UK clients, but some users may be onboarded through its offshore branches

Cons

• FXGiants is part of the same corporate structure as IronFX - a broker that's faced withdrawal and other complaints
• Traders seeking cryptocurrencies will need to look to other brokers
• Beyond automation functions, FXGiants does not offer many additional features to maximize the client experience

Visit FXGiants FXGiants review

TopFX

3.8/ 5

Visit TopFX TopFX review

TopFX is a strong choice for day trading due to ultra-low latency with execution times under 25 milliseconds. It also offers access to advanced charting platforms, MT4 and cTrader, with tight spreads and low commissions that can significantly reduce costs for active traders.

TopFX quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Shares, Indices, Metals, Energies, ETFs, Cryptocurrency

Regulator

CySEC, FSA, BVI

Platforms

MT4, MT5, cTrader, AutoChartist, TradingCentral, Quantower

Minimum Deposit

$50

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP

Pros

• TopFX has finally added MT5, offering reliable integration with a robust charting and tooling package for multi-asset traders seeking the latest software from MetaQuotes.
• TopFX continues to deliver first-class support following years of real-money trading with responses on live chat in minutes and email replies in 24 hours for technical assistance.
• Active traders get excellent trade execution with speeds under 25ms, combined with consistent pricing, minimal slippage or requotes, and fast deposits and withdrawals during testing.

Cons

• Despite a growing selection of 600+ instruments, you can't invest directly in real assets, such as stocks, ETFs, and crypto, and TopFX does not offer interest on uninvested cash like alternatives such as IBKR.
• TopFX supports three platforms (cTrader, MT4 and MT5), but there's no option to trade on the increasingly popular TradingView. The lack of a proprietary platform for beginner traders is also an entry barrier.
• Although it produces in-house market analysis content, notably the Daily Market Digest, and includes Autochartist and Trading Central, the woeful educational offering is limiting for beginners, especially compared to category leaders like XTB.

Visit TopFX TopFX review

IFC Markets

2.9/ 5

Visit IFC Markets IFC Markets review

IFC Markets is best suited to active traders who want flexibility, with a choice of micro and standard accounts, minimum deposits from just $1, plus the ability to blend multiple assets into a single synthetic instrument on the user-friendly NetTradeX platform – a feature we’ve not seen elsewhere.

IFC Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs, Synthetics

Regulator

BVI FSC

Platforms

NetTradeX, MT4, MT5

Minimum Deposit

$1

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, JPY

Pros

• With leverage up to 1:400 and $1 account minimums, IFC Markets offers easy entry for beginners and high-leverage traders. Unlike brokers under stricter ESMA or ASIC rules, its offshore regulation allows more flexible margin and account options.
• The NetTradeX platform’s PCI feature lets you build your own synthetic instruments – a truly standout feature enabling you to trade complex macro views or hedged positions as a single chartable asset.
• MT4, MT5, and NetTradeX are all available on desktop, web and mobile, each with live and demo access, full functionality, and no platform restrictions even on micro accounts.

Cons

• While ECN spreads on MT5 were tight in our tests, fixed spreads on MT4 are wide (1.8 pips on EUR/USD), and crypto spreads are very high (500+ pips on ETH/USD).
• With 10+ account types across 3 platforms, it’s hard to know what suits you initially, potentially confusing beginners. During setup, we had to cross-check multiple account specs to avoid mismatches.
• IFC Markets is licensed only by the BVI FSC, which lacks the investor protections of top-tier regulators like FCA or ASIC. This showed in limited disclosures and fewer client safeguards.

Visit IFC Markets IFC Markets review

How Did We Choose The Best Bitwallet Brokers?

To identify the top Bitwallet brokers we:

What Is Bitwallet?

Bitwallet is an online payment solutions company founded in 2012 that serves individual clients, merchants and businesses with its digital wallet and credit card payment products.

Retail traders who want to use this payment method will open and fund a digital wallet account, and merchants or brokers that accept Bitwallet deposits can integrate the company’s API to accept seamless transfers.

Today, the firm mainly serves clients from Asian regions near its headquarters in Singapore, but it accepts users from all over the world. Judging by the number of Bitwallet brokers and businesses, it has gained significant traction in the online payment sector.

Importantly, the brand should not be confused with the US crypto payments company with the same name – and note that Bitwallet of Singapore has not integrated any crypto payments into its platform.

How It Works

Like most e-wallets, Bitwallet is quick, straightforward and intuitive so traders should have no problem funding their online brokerage accounts.

Since this company offers merchants an integrated API as well as a credit card processing product, all traders need to do is open and fund their accounts and they should be able to seamlessly transact with any broker that accepts Bitwallet deposits.

Account holders have a choice of four currencies – Euros, US Dollars, Australian Dollars and Japanese Yen – and they can convert between these currencies directly through their digital wallet.

Our experts found this to be a useful feature though the rate we were offered was not particularly competitive. A specialist service like TransferWise could be more economical.

Another useful feature is the ability to send remittances to other account holders using the company’s OneCoin payment solution, which charges the sender a flat fee of 1 USD, 1 EUR, 100 JPY or 1 AUD per transfer. We found this to be a useful and affordable addition to the brand’s offering that will attract traders who need to make cross-border transfers.

Accounts

To open a Bitwallet account, navigate to the official homepage and click ‘create account’. Simply entering your email address and country of residence is enough to open a trial account, though this cannot be used to make any transactions.

The rest of the registration process involves entering more detailed information and submitting documentation, and the whole process can be completed in as little as 30 minutes.

Providing the necessary ID verification documents and making a sufficient volume of transactions on the service will unlock the Basic, Pro and Unlimited tiers:

• Basic – Provide ID selfie verification and proof of address and activate two-factor authentication to unlock the basic account tier. This allows a maximum of $25,000 worth of transactions at the basic rate.
• Pro – Making at least 10 transactions in a year to a total value of $10,000 or more will activate the second tier, which offers a 25% discount on fees on transfers up to a maximum limit of $50,000 per month.
• Unlimited – Access the unlimited account by completing at least 30 transactions in a year worth $30,000 or more, also unlocking a 50% discount on fees.

Funding Methods

You can add funds to your Bitwallet account with either a debit/credit card or through a bank transfer.

For fast payments, we recommend card transactions which process within minutes. Bank transfers will usually take longer.

Transaction Times

As an e-wallet, it provides real-time transactions that should process nearly instantly. This means you can expect deposits to land in a Bitwallet brokerage account very quickly, though withdrawals will often take longer due to processing timelines at trading brokers.

Check with the specific Bitwallet broker for more information on deposit and withdrawal times.

Withdrawing funds from Bitwallet to your bank account should take less than one business day.

Fees

Bitwallet’s fees depend on the type of transaction. However, our experts found the fees to be on the high side and felt there are more affordable payment methods out there.

The good news is that bank transfer deposits are completely free and there is no subscription, account maintenance or any other secondary charges.

The bad news is that card deposits from a basic account will be subject to a high 8% charge.

Withdrawals will also be hit with a charge amounting to 10 USD, 10 EUR, 10 AUD or 1000 JPY depending on the currency withdrawn.

Finally, each use of the OneCoin payment transfer feature will incur a 1 USD, 1 EUR, 1 AUD or 100 JPY charge.

While holders of a premium or limitless account will receive 25% and 50% discounts, respectively, even 4% is high for a card deposit.

Moreover, the exchange rate offered to switch between currencies is also steep.

Security

We were impressed by the security measures implemented by Bitwallet and the care the company takes to lay these out in detail.

Security measures include:

• Segregated client funds
• High-level encryption with SSL and SSL-VPN certificates
• Firewall network security
• IP Anycast system to protect from DDoS attacks
• Database encryption
• Network intrusion detection system
• Strong client-focussed security features including 2-factor authentication, IP whitelisting and monitoring login history
• Withdrawal bank account confirmation

Pros Of Bitwallet For Online Trading

• Real-time transfers allow for faster access to online trading
• API makes it easy to transact with brokers that accept Bitwallet deposits
• Reasonably priced OneCoin feature
• Four base currencies
• Good security

Cons Of Bitwallet For Online Trading

• No cryptocurrency support
• Expensive card deposits and other charges
• Cheaper currency conversion is available elsewhere
• A relatively limited number of brokers accept Bitwallet
• Unlocking higher tiers and cheaper rates requires a large number of transactions so will only suit high-volume traders

How To Deposit Using Bitwallet

The process for making deposits and withdrawals may vary between different brokers that accept Bitwallet, but will usually follow the same basic steps.

Below are specific steps that you would need to follow at DNA Markets, for example:

Making A Deposit

1. Navigate to the Deposits & Withdrawals page from your dashboard
2. Select ‘Bitwallet’ from the list of deposit options and enter the amount
3. Enter your details in the pop-up window to activate your Bitwallet account
4. Confirm the payment

Most of the time, making a withdrawal from a broker that supports Bitwallet transfers will follow similar steps to your deposit.

Check your Bitwallet broker’s website for withdrawal processing times as these are sometimes significantly longer than deposits.

Is Bitwallet Good For Day Trading?

All in all, Bitwallet is a slick and reliable service offering speedy transactions for traders who use USD, AUD, JPY or EUR.

The fees are on the high side, and traders will need to make a significant amount of transactions to access the higher tier (and cheaper) accounts, but nevertheless, this payment method has several advantages and is worth considering. There is also a reasonable list of respected brokers that accept Bitwallet deposits.

FAQs

Is It Safe To Deposit To A Trading Broker With Bitwallet?

Bitwallet is a well-known brand that uses some impressive security features, including high-quality encryption and client fund segregation. This means it should be a relatively safe payment method, provided that you are careful with your personal details. With that said, always ensure you are transacting with a broker you can trust.

Does Bitwallet Facilitate Crypto Payments To Trading Brokers?

The Singapore payment solution company Bitwallet does not accept or facilitate any payments in cryptocurrencies at all. There is a US company, BitWallet, that specializes in this type of payment, so be sure to check that you have the right company when you sign up.

Is Bitwallet A Legitimate Payment Method For Online Trading?

Bitwallet is a legitimate e-wallet payment method that has been in business since 2012 and employs some strong security measures. You should be able to quickly, safely and easily make deposits and withdrawals to and from a Bitwallet broker’s account using this service.

Which Brokers Accept Bitwallet?

Bitwallet is not the most widely accepted payment method, but its coverage is not bad by any means. The best Bitwallet brokers include PU Prime.

Are Deposits To Bitwallet Brokers Cheap?

Bitwallet’s card deposits are high at 8% for the basic account type, and the $10 or equivalent charge for withdrawals can be quite constricting, particularly if your Bitwallet broker also charges a withdrawal fee. Fortunately, it doesn’t cost anything to deposit to your Bitwallet e-wallet using a bank transfer.