Best EasyPay Brokers 2024

EasyPay is a payment gateway service based in Ukraine, popular among local merchants and banks, as well as forex trading brokers. Here we review EasyPay finance as an online payment option for traders, plus detail the registration and login process. We have also compiled a list of the best brokers that accept EasyPay deposits in 2024.

Best EasyPay Brokers

Based on our tests, these are the top brokers with EasyPay payments:

#1 - AvaTrade

Why We Chose AvaTrade

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
  • Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
  • Platforms: WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail) 1:400 (Pro)

#2 - OANDA US

Why We Chose OANDA US

OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available for short-term traders, alongside flexible contract sizes and automated trade executions.

"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."

- DayTrading Review Team
  • Instruments: Forex, Crypto
  • Regulator: NFA, CFTC
  • Platforms: OANDA Trade, MT4, TradingView, AutoChartist
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:50

#3 - Deriv.com

Why We Chose Deriv.com

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

- DayTrading Review Team
  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:1000

#4 - Exness

Why We Chose Exness

Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.

"Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
  • Regulator: FSA, CySEC, FCA, FSCA, FSC, CBCS
  • Platforms: Exness Trade App, MT4, MT5, TradingCentral
  • Minimum Deposit: $10
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:2000

#5 - Pepperstone

Why We Chose Pepperstone

Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting
  • Regulator: FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB
  • Platforms: MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade
  • Minimum Deposit: $0
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30 (Retail), 1:500 (Pro)

Note: several companies operate under the name, EasyPay. This review focuses on the payment provider based in Ukraine. This does not include reviews of EasyPay South Africa.

About EasyPay

The EasyPay group provides a secure and credible online payment gateway portal for all Ukrainian residents. It was founded in 2007, by Oleksii Avramenko.

When it first launched, it was a centralized digital payment platform, but it has since grown substantially and today it is licensed by the National Bank of Ukraine. The service processes 450,000 transactions per day to more than 3,000 service providers. It is also a convenient e-money transfer method for brokers and traders.

easypay logo

How To Deposit Using EasyPay

To make payments, locate the EasyPay logo within your trading account portal, follow the on-screen instructions, and enter the deposit amount. Minimum and maximum payment limits, daily transfer amounts, and processing times may differ by broker.

The brand accepts payments from supported banks, debit and credit cards, cash via accepted terminals, and the company’s virtual cards.

Traders can also use 19,500 physical terminals located across Ukraine to deposit and withdraw funds, though the number of accessible terminals following the 2022 Russian invasion is still unclear.

Speed

EasyPay supports near-instant deposits. Payments are accepted 24/7 and processed automatically for card-to-card transactions.

Online brokers have their own processing timelines which can cause delays in funds reaching or leaving trading accounts. It is worth checking broker processing times before you open a trading account to avoid disappointment. With that said, the top platforms process deposits almost instantly while withdrawals clear within two to five working days.

Fees & Charges

Fees and commissions vary for virtual cards, bank cards, or mobile transfers. When it comes to using the virtual or physical bank card, the firm supports zero-commission transactions. This is particularly important for traders looking to make regular deposits and withdrawals. There are also regular cashback offers available.

However, fees do apply to direct card transfers. For example, Forex and CFD Broker, Larson & Holz, charges a hefty 6% for clients depositing via EasyPay.

Merchants and shops may also have their own processing rates for this payment method.

Security

EasyPay is a secure direct payment gateway trusted by many businesses and users. Security protocols include:

All payments can be tracked via the the brand’s app or website, which provides an added layer of security.

Pros Of Trading With EasyPay

Easy Registration

Registration is simple and takes less than a minute. Click on the logo located at the top right-hand corner of the company website and enter your mobile number to receive an activation code. Then follow the instructions to get your account up and running. Once complete, you can start making payments.

Mobile App

The company’s app is available to download for iOS, Android, and Huawei devices, allowing users to make payments while on the move. This is a helpful feature for clients who already trade forex and CFDs through mobile applications.

Virtual Card

The firm offers a virtual card for secure online transfers. The payment card is mainly used for bills, banking, and other services often without commission. Currently, this is only available for site and app users and subject to the transfer and balance limits.

Automatic Payments

EasyPay does support automatic payments. If this is something you are interested in, you will need to set this up through the app or website. This feature is particularly useful when it comes to paying bills or even when funding trading accounts.

Cons Of Trading With EasyPay

Daily Restrictions

Restriction rules apply, this includes payments per day or maximum payment transfer amounts. Note, a maximum of 70 payments per month from one card up to 150,000 Hryvnia is allowed. Visit the payment provider’s website for full details on limits.

Excluded Countries

EasyPay is only accessible to residents of Ukraine in the national currency Hryvnia and does not allow international transfers. This will rule out the payment gateway for many traders and brokers.

Customer Support

EasyPay offers a 24-hour customer support service for users, a free-call phone number from Ukraine landlines, email support, and an extensive FAQ section on the company website. Support is available in English, Ukrainian and Russian.

If you do have any questions regarding your EasyPay account such as deposit or withdrawal issues, how to register or log in, the customer support team should be able to advise.

Is EasyPay Good For Day Trading?

EasyPay is an established, secure online payment solution, operating in accordance with Ukrainian legislation. Registration is simple, users are supported with 24/7 customer support and additional features such as a mobile app and virtual card are offered. The EasyPay payment gateway is a handy one-stop-shop for bill paying, transfers and deposits and withdrawals from your online trading account. Seamless integration makes for a pleasant user experience.

However, fees and restrictions do apply, and payments are only accepted in Ukrainian Hryvnia, limiting depositing options for many traders. If this is the case, e-wallet platforms such as Skrill or Neteller are worth considering.

FAQ

Are EasyPay Payments Safe To Use With My Broker?

EasyPay is a secure platform that upholds high levels of security. All EasyPay payments require one-time password encryption to protect against online fraud and security scams. That said, traders should also ensure they are trading with a trusted brokerage.

Are EasyPay Deposits Processed Quickly In My Trading Account?

EasyPay payments are processed instantly however the time for funds to be received varies, most are receipted between 15 minutes to 6 hours. This will also vary by broker. If the issue persists, reach out to the customer support team who should be able to assist further.

What Are The Advantages Of EasyPay Vs Other Payment Systems?

EasyPay is a secure online system that can be used to pay bills, as well as a means of funding your trading account. It is compliant with PCI DSS for a high standard of information security plus it operates under Ukrainian legislation.