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Rankings updated October 2026

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

Our extensive tests have revealed the following 6 brokers that accept Bitwallet deposits:

Tested with a live trading account Accepts traders from Germany Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Germany
    • Demo account
    • Instruments: CFDs, Forex, Indices, Shares, Commodities
    • Regulator: ASIC, CySEC, FSCA, FSC
    • Demo account
    • Regulator: FCA, ASIC, FSCA, VFSC, CIMA
    • Min. deposit: $50
    • Demo account
    • Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
    • Min. deposit: $20
    • Demo account
    • Regulator: CySEC, DFSA, FSA
    • Platforms: MT4, MT5
    • Demo account
    • Regulator: ASIC
    • Platforms: MT5, TradeLocker
    • Demo account
    • Regulator: FCA, BVIFSC
    • Platforms: MT4

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

This is why we think these brokers are the best in this category in 2026:

  1. FBS 4.3/5 Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
  2. Vantage 4.7/5 Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to millions of clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
  3. 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.
  4. M4Markets 3.6/5 M4Markets is an award-winning broker regulated by the CySEC, FSA and DFSA. Although relatively new, the broker continues to improve its offering with a range of innovative tools, platforms and accounts. Beginners can start with just $5, whilst experienced investors can access leverage up to 1:5000.
  5. 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.
  6. 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.

Compare The Best Bitwallet Brokers

Compare The Best Bitwallet Brokers
BrokerMinimum DepositInstrumentsPlatformsLeverage
FBS $5CFDs, Forex, Indices, Shares, CommoditiesFBS App, MT4, MT51:30
Vantage $50CFDs, Forex, Stocks, Indices, Commodities, ETFs, BondsProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade1:500
PU Prime $20CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent) PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist1:1000
M4Markets $5Forex, CFDs, Indices, Shares, Commodities, CryptosMT4, MT51:5000
Focus Markets $100CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFsMT5, TradeLocker1:1000
FXGiants $100Forex, CFDs, indices, shares, commodities, futuresMT41:30 (UK), 1:1000 (Global)

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
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
FBS 4.6 / 54.3 / 5101774.6 / 54.9 / 5
Vantage 4.1 / 54.4 / 5156153.6 / 53.9 / 5
PU Prime 4.2 / 52.7 / 518704.8 / 54.2 / 5
M4Markets 3.0 / 53.2 / 51482.8 / 52.8 / 5
Focus Markets -3.3 / 564.8 / 54.8 / 5
FXGiants -2.1 / 51514.8 / 54.6 / 5

FBS

FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.

Christian Harris Christian Harris, Reviewer

FBS quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Indices, Shares, Commodities
Regulator
ASIC, CySEC, FSCA, FSC
Platforms
FBS App, MT4, MT5
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, AUD, JPY

Pros

  • FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
  • 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
  • FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog.

Cons

  • Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
  • Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
  • There are only four base currencies available - EUR, USD, AUD and JPY (region dependant) - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.

Vantage

Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly.

Jemma Grist Jemma Grist, Reviewer

Vantage quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Regulator
FCA, ASIC, FSCA, VFSC, CIMA
Platforms
ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$50
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN

Pros

  • There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5
  • The broker has made efforts to expand its suite of CFDs providing further trading opportunities
  • Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC

Cons

  • The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
  • A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
  • It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection

PU Prime

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.

Tobias Robinson Tobias Robinson, Reviewer

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

  • 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.
  • 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 added a dynamic leverage system for high-impact economic news releases and weekend gaps, helping to protect accounts from extreme market volatility.

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.
  • 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.
  • 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.

M4Markets

M4Markets will serve active investors looking for highly leveraged trading on powerful third-party platforms. Other investment opportunities are also available, including copy trading and MAM/PAMM accounts.

William Berg William Berg, Reviewer

M4Markets quick facts

Demo Account
✔Yes
Instruments
Forex, CFDs, Indices, Shares, Commodities, Cryptos
Regulator
CySEC, DFSA, FSA
Platforms
MT4, MT5
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • M4Markets holds multiple global licenses, including the CySEC and DFSA
  • There’s a wide range of global payment methods available, with no deposit or withdrawal fees
  • Execution speeds are fast, averaging 30 ms (we consider anything below 100 ms as fast and suitable for active day traders)

Cons

  • The range of around 200 investments is slim compared to top brokers, who typically offer over 1000
  • The educational resources trail the best brokers with only a small selection of eBooks and webinars offered

Focus Markets

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.

Christian Harris Christian Harris, Reviewer

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

  • Focus Markets offers a huge suite of 130+ cryptos and crypto indices, providing short-term opportunities on high-reward, but high-risk assets.
  • 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.
  • Focus Markets’ MT5 and TradeLocker platforms delivered fast, seamless trade execution during testing with advanced charting, multiple timeframes, and useful tools like Depth of Market (DOM). The clean interfaces make navigation easy, while clear risk/reward ratios ensures precise trading.

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.
  • Focus Markets’ 24/5 support lacks direct phone help and unresponsive live chat, while email replies took a full business day during our latest tests. This slow support is a major drawback for active traders who need quick resolutions.

FXGiants

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.

William Berg William Berg, Reviewer

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

  • Top-tier regulation from the UK's FCA for UK clients, but some users may be onboarded through its offshore branches
  • 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

Cons

  • 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
  • FXGiants is part of the same corporate structure as IronFX - a broker that's faced withdrawal and other complaints

How Did We Choose The Best Bitwallet Brokers?

To identify the top Bitwallet brokers we:

  • Searched our directory of 143 online brokers, focusing on all those accepting Bitwallet payments
  • Confirmed that they support Bitwallet deposits for online trading
  • Ranked them by their overall rating, combining 200+ data points with our hands-on insights

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.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com