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

Flutterwave Brokers 2026

Written By

Jemma Grist

Written By

Jemma Grist

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

Edited By

James Barra

Edited By

James Barra

James is an investment writer with a background in financial services. As 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

Fact Checked By

Tobias Robinson

Fact Checked By

Tobias Robinson

Tobias is the CEO of DayTrading.com, director of a UK limited company and active trader. He has over 30 years of experience in the financial industry and contributed via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias's expertise make him a trusted voice in the industry, where he's been quoted in various media outlets, including Nasdaq, International Advisor, and London Loves Business.

» Tobias Robinson Profile Page

Updated

Oct 2, 2024

Flutterwave is a payment gateway solution that is offered by several brokers globally. Founded in Nigeria in 2016, it provides a secure service that integrates several payment methods through API documentation, providing traders with the flexibility to fund or withdraw from trading accounts using their preferred transfer method.

In this review, we look into the company’s history, how to use their services on broker platforms and the benefits of making Flutterwave deposits. We also list the best brokers that accept Flutterwave payments.

How Did We Choose The Best Flutterwave Brokers?

To identify the top Flutterwave brokers, we:

What Is Flutterwave?

Flutterwave Inc. is a global payments processing platform that provides access to several transfer solutions, including mobile money wallets, MPESA, POS, USSD plus Visa or Mastercard credit and debit cards. Additionally, the company allows clients to use its API integration and work with developers to create customisable payments apps.

Popular international payment methods, such as PayPal and Stripe, were restricted in several African countries, such as Nigeria, and Flutterwave aimed to address this. The service collects payments in over 150 currencies from around the world, including Naira, Dollar, Pound, Euro and Yuan. The company is focused on helping businesses and events manage funds from their integrated dashboard or payment links. All brokers have to do is complete a quick integration process.

Barter & Rave

Flutterwave has two major products called Barter and Rave. Barter is their product for individuals and offers virtual dollar cards where exchange rates are determined daily (a currency converter is available on their website). Rave is their business-targeted product, letting companies easily accept payments from their customers online. Other services include Flutterwave marketplace, where you can shop with online businesses.

History

The company was founded in 2016 by a team of ex-bankers, entrepreneurs and engineers, including Iyinoluwa Aboyeji and Olugbenga Agboola. Ownership is spread amongst the founders, though Agboola is considered the key owner as he is acting CEO of the company.

The service was initially available to a host of 12 African countries, including Kenya, Mauritius, Ghana, Uganda and Zambia. Since then, they have expanded their offices with Flutterwave UK Limited and Flutterwave Inc. US.

In 2018, the company’s estimated revenue according to an annual report sat at around $50 million. Since then, Flutterwave has had a history of successful funding rounds, with a recent series C funding of $170 million in 2021, after already closing a series B funding of $35 million.

According to TechCrunch, the company’s current net worth valuation is over $1 billion, giving it ‘unicorn’ status. Investors include DST Global, Tiger Global Management, Worldpay FIS and 9yards Capital. Additionally, Flutterwave has increased the number of partnerships with merchants and other technology payment solutions, such as PayPal.

Fees

Flutterwave has an affordable and transparent pricing structure. Each payment method will vary across different regions. For example, the payment system charges UK business accounts, including brokerages, a 3.8% processing fee per transaction on Visa and Mastercard.

However, whether these transaction charges are covered by the broker or passed onto their clients is at their discretion. For example, BDSwiss covers all funding method fees and offers zero charges on deposits.

The broker can customise these options on their Flutterwave dashboard.

Deposit and withdrawal limits also vary from broker to broker.

Speed

Flutterwave facilitates highly responsive, instant deposit and withdrawal times, though the speed of transactions also depends on your bank provider or broker. For example, processing times on SuperForex are two to four business days, while transactions are instant on Binance. Some brokers require the team to approve withdrawal requests, which might only be during business hours.

Visa or Mastercard transfers are usually processed within 48 hours but can take up to five working days. Generally, funding your account using a credit/debit card via Flutterwave is instant. All cards and accounts that are funded with Flutterwave must be in your name.

Security

Flutterwave has obtained several licenses to prove its level of commitment to customer security. The company has a Level 1 standard of The Payment Card Industry Data Security Standard (PCI-DSS). This means there is the highest standard of safety when processing card information.

Additionally, Flutterwave has a Money Service Operator’s License and is ISO certified. The company’s payment gateway also has a Payment Application Data Security Standard (PA-DSS) license.

Today, 2D payments are not enough for the protection of funds, so customers can access two-factor authentication, which is a two-step verification process on your device or card. Examples include 3D secure or OTP verification. A BVN (bank verification number) is only available for Nigerian customers and can also be used for KYC.

How To Deposit Using Flutterwave

Users trading with Flutterwave can deposit and withdraw funds from their brokerage accounts at any time allowed by their broker. Every provider will have its own process for funding and emptying trading accounts. However, you can use the following steps at TradeView as a guideline:

Deposits

1. Follow your the login process in the client area
2. On the menu of the client dashboard, click the ‘Deposit’ button
3. Then, you can select payment methods. Click on the ‘Flutterwave’ option
4. Specify the amount you want to deposit and your desired currency i.e. GBP or NGN
5. You will need to fill in relevant payment and account details to verify your transaction
6. Once you’ve completed the payment, you should be able to see the amount in your account or transaction history

Withdrawals

1. In the client area, click ‘Withdraw’
2. Select ‘Flutterwave’ as the withdrawal method
3. Fill in the amount you want to withdraw and your desired currency
4. You will need to confirm and verify your payment details to complete the transaction
5. After the broker’s indicated processing times, you should see the amount in your bank account

Pros Of Using Flutterwave For Traders

When comparing Flutterwave vs Paystack and other payment providers, the key benefits are:

Cons Of Using Flutterwave For Traders

Contact Details

If you need help with an issue regarding your holding balance, refunds, hacks or disputes, Flutterwave offers several ways to get in touch with them. Whether you’re in Zambia, Kenya, Rwanda, Ghana, GB, Zimbabwe, Nigeria or any other country, you can use the following contact details:

• Email: hi@flutterwavego.com
• Social Media: @theflutterwave
• Website: Under ‘Speak with Us’ on the homepage

Flutterwave has office addresses based in several countries in Africa, as well as the US and the UK. Unfortunately, there is no telephone number or live chat option available. However, if you have a payment method query related to your broker, it would be better to reach out to your provider’s customer support team.

Is Flutterwave Good For Day Trading?

Flutterwave is a fast-growing payment gateway solution that offers a quick, secure and cheap method for traders when depositing and withdrawing from broker accounts. With simple backend API integration, users can opt for their preferred payment method when trading.

However, it is not as widely offered by brokers as other popular payment methods. Nonetheless, Flutterwave provides great flexibility for traders, especially those in Africa, the UK or the US.

FAQ

How Does Flutterwave Work With My Trading Account?

Brokers sign up and create a business account with Flutterwave so that they can offer it as a payment method for their clients to fund and empty trading accounts. Flutterwave allows traders to choose any payment method on the broker’s website all with API integration.

Do I Need A Flutterwave Account Before Making A Trading Deposit?

As a trader, you do not need to create an account with Flutterwave to choose this payment method on your broker’s website. Your provider would have already created a business account for you to be able to use Flutterwave.

Is It Quick To Deposit To My Trading Account Using Flutterwave?

Yes, Flutterwave processes transactions instantly. However, some brokers may have slightly longer processing times, up to four business days.