emerchantpay Brokers 2025
emerchantpay is a payment service provider for online, mobile and point-of-sale transactions. They deliver high-capacity processing across several industries including forex trading, and offer a variety of payment methods and fraud management tools.
Our review will cover the key features of this transaction route, including where emerchantpay operates, its payment gateway, and the benefits to traders. We also list the best brokers that accept emerchantpay in 2025.
Best emerchantpay Brokers
These are the top 6 brokers with emerchantpay, based on our evaluations:
Here is a summary of why we recommend these brokers in July 2025:
- eToro USA - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
- NinjaTrader - NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- UnitedPips - Operating since 2016 and based in Saint Lucia, UnitedPips is a non-dealing desk broker serving clients in over 137 countries. It specializes in CFD trading across around 80+ assets with high leverage up to 1:1000.
- IQCent - IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With an expanded suite of 175+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
Compare The Best emerchantpay Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| eToro USA | $100 | Stocks, Options, ETFs, Crypto | eToro Trading Platform & CopyTrader | - |
| NinjaTrader | $0 | Forex, Stocks, Options, Commodities, Futures, Crypto | NinjaTrader Desktop, Web & Mobile, eSignal | 1:50 |
| Interactive Brokers | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | 1:50 |
| FOREX.com | $100 | Forex, Stock CFDs, Futures, Futures Options | WebTrader, Mobile, MT4, MT5, TradingView | 1:50 |
| UnitedPips | $10 | CFDs, Forex, Precious Metals, Crypto | UniTrader | 1:1000 |
| IQCent | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Online Platform, TradingView | 1:500 |
eToro USA
"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
eToro USA Quick Facts
| Bonus Offer | Invest $100 and get $10 |
|---|---|
| Demo Account | Yes |
| Instruments | Stocks, Options, ETFs, Crypto |
| Regulator | SEC, FINRA |
| Platforms | eToro Trading Platform & CopyTrader |
| Minimum Deposit | $100 |
| Minimum Trade | $10 |
| Account Currencies | USD |
Pros
- eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
- A free demo account means new users and prospective day traders can try the broker risk-free
- Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
Cons
- There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos
- There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
- Average fees may cut into the profit margins of day traders
NinjaTrader
"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."
Tobias Robinson, Reviewer
NinjaTrader Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Forex, Stocks, Options, Commodities, Futures, Crypto |
| Regulator | NFA, CFTC |
| Platforms | NinjaTrader Desktop, Web & Mobile, eSignal |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:50 |
| Account Currencies | USD |
Pros
- NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC
- Traders can get free platform access and trade simulation capabilities in the unlimited demo
- Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract
Cons
- The premium platform tools come with an extra charge
- Non forex and futures trading requires signing up with partner brokers
- There is a withdrawal fee on some funding methods
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | $100 |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
- The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.
- IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries, most recently the Saudi Stock Exchange.
Cons
- Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
- You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
FOREX.com Quick Facts
| Bonus Offer | VIP status with up to 10k+ in rebates - T&Cs apply. |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Stock CFDs, Futures, Futures Options |
| Regulator | NFA, CFTC |
| Platforms | WebTrader, Mobile, MT4, MT5, TradingView |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
Cons
- Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
UnitedPips
"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."
UnitedPips Quick Facts
| Bonus Offer | 40% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Precious Metals, Crypto |
| Regulator | IFSA |
| Platforms | UniTrader |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD |
Pros
- UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
- UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
- Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.
Cons
- Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
- UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
- UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
IQCent
"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "
IQCent Quick Facts
| Bonus Offer | 20% to 200% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Regulator | IFMRRC |
| Platforms | Online Platform, TradingView |
| Minimum Deposit | $250 |
| Minimum Trade | $0.01 |
| Leverage | 1:500 |
| Account Currencies | USD, EUR |
Pros
- There's an accessible $0.01 minimum stake for new day traders with a small budget
- IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
- Keen traders can take part in trading contests with cash prizes
Cons
- IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
- The market analysis is very basic with limited technical summaries and insights from analysts
- IQCent trails binary brokers like Quotex with its narrow investment offering of around 175 assets with limited stocks
How Did We Choose The Best emerchantpay Brokers?
To find the top emerchantpay brokers, we:
- Scoured our library of 500 online brokers, identifying all those that support emerchantpay payments
- Checked that they accept emerchantpay deposits and withdrawals for day trading
- Sorted them by their rating, leveraging over 100 data points and our own observations
About emerchantpay
emerchantpay Limited was founded in 2002 by Jonas Reynisson. The company provides a global payment ecosystem, connecting businesses with consumers through flexible transfer solutions. It operates across industries and countries with offices in London, Munich, USA, Bulgaria, Malta, and India, among others.
Importantly, emerchantpay is an intermediary gateway i.e. traders will not deal directly with the platform as you would with PayPal or MasterCard. Instead, the company provides the technology used by brokers and merchants to facilitate financial transactions, such as deposits to trading accounts.
How To Deposit Using emerchantpay
emerchantpay is available in over 80 countries including Europe, Africa, Canada, North and South America, plus the Asia-Pacific. It offers 150+ processing currencies and over 60 alternative payment methods such as cryptocurrency. The firm also offers over 25 settlement currencies.
To deposit or withdraw funds from emerchantpay-supported brokers like FXPrimus, clients can select the required service on the transactions page and choose a payment method. Additional verification may be required depending on the specific broker. Deposit and withdrawal limits may also be in place so make sure you read the fine print when you sign up with a new trading platform.
Speed
Customer reviews do not point to any issues in terms of payment speeds. As a major transaction facilitator, traders and brokers can expect same-day processing for most deposits.
Of course, emerchantpay is an intermediary between your broker and the acquiring bank, so speed will also be affected by the brokerage’s processing times and customers should check terms and conditions for full details.
Security
emerchantpay has integrated security software for risk management that detects spurious transactions and prevents fraud in real time. The rule-based risk engine protects traders’ investments and also reduces false declines.
The provider ensures that customers’ financial details are safe using Secure Socket Layer (SSL) data encryption. It also supports 3D Secure 2.0, an authentication protocol that gathers an extensive amount of transactional data and requests identity verification if the payment is found to be high-risk.
The company’s privacy policy also sets out the firm’s commitment to upholding data protection policies and maintaining the highest security standards.
Fees
Information on emerchantpay’s fee structure is limited to those charged to the broker or other businesses using the service, and they include interchange fees and other provider charges. As such, the brand itself does not appear to charge clients of the broker. With that said, traders should be aware that a number of brokers pass on any transfer costs to their clients.
Licensing & Regulation
emerchantpay is authorized as an electronic money institution by the Financial Conduct Authority (FCA). emerchantpay UK Services Limited and Group Ltd are additional companies listed under the group. emerchantpay Hong Kong Limited and Mauritius Limited are also active companies incorporated by the group.
The company holds a number of international licenses and certifications depending on the domestic market.
Customer Support
For support inquiries, clients can access customer service on the phone or email. Details are listed below. There is also an option to submit a ticket to the team via the Contact Us tab on the website.
- Phone number: +44 800 1123344
- Email: helpdesk@emerchantpay.com
The group is also active on social media. Follow the firm on Facebook, Twitter, LinkedIn and YouTube for more information.
APIs
The firm has an API that brokers can use to integrate a payment gateway into their website, in order for customers to make transactions. The emerchantpay API documentation and a list of test payment cards are available on GitHub for developers, and a full tutorial can be found on the company’s web pages.
The platform also has a news and insights section on their website that clients can navigate to from the homepage, by clicking the provider logo.
Pros Of Trading With emerchantpay
Global Acceptance
emerchantpay allows the receipt of funds globally via the payment gateway, including across Europe, Africa, Canada, North and South America, and the Asia-Pacific. They offer more than 20 currencies for settlement and processing for over 150. Choosing a broker that supports emerchantpay makes it likely that you can deposit and withdraw in your local currency.
Multiple Funding Methods
Traders have the option of more than 50 transaction routes including card payments, eWallets, real-time bank transfers, QR codes, and pre-paid cards. This flexibility may interest traders who hold their funds across several storage options.
Cryptocurrency Supported
Like many of emerchantpays’ competitors, the firm now accepts cryptocurrency payments and also offers over 60 other Alternative Payment Methods (APMs). As crypto-asset exchanges are only increasing in popularity, many traders will appreciate the convenience of funding directly with cryptos.
Cons Of Trading With emerchantpay
No Wallet Function
emerchantpay offers technology that allows brokers to accept payments from traders, but it does not act as a wallet directly. This means there is no functionality for storing funds or debit/credit cards, although the service does validate your card details in order to retrieve funds from the bank and offers digital wallets as payment methods.
Limited Customer Service
The emerchantpay service is geared towards brokers and other businesses, to adopt their payment gateway and improve cash flow. As a result, there does not appear to be customer service contact details for individuals who may use the gateway for deposits, and this may be an issue for clients looking to resolve any problems they have encountered.
Is emerchantpay Good For Day Trading?
emerchantpay is a payment service provider that offers a wide range of traditional and alternative transaction routes, and processing in over 150 currencies which many global clients will appreciate. The provider’s advanced fraud management software offers peace of mind to traders, and the service includes an API for businesses. However, potential clients, including brokers, may be hesitant due to the lack of wallet function and dedicated customer support.
FAQ
What Is emerchantpay And How Does It Work With My Trading Broker?
emerchantpay is a payment gateway which is available in over 80 countries and offers 150 processing currencies. emerchantpay’s API allows brokers to integrate the payment gateway into their brokerage website, allowing traders to easily make deposits and withdrawals through their live accounts.
How Quickly Are emerchantpay Deposits Processed At My Broker?
Traders can expect fast same-day processing from emerchantpay. Most brokers will also process deposits on the same day, though exact timings will vary. Additionally, withdrawals may take even longer.
Is It Free To Deposit Into My Trading Account With emerchantpay?
While there are no fees levied by emerchantpay, some brokers may charge their own fees to cover processing or exchange fees. That said, many top brokers offer free deposits.