Best Flutterwave Brokers 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.

Best Flutterwave Brokers

Based on our rigorous tests, these are the top 4 brokers with Flutterwave deposits and withdrawals:

Flutterwave Brokers Comparison

Flutterwave Brokers Comparison
Broker Minimum Deposit Instruments Platforms Leverage Visit
Tradeview logo
$100 Forex, CFDs, indices, shares, commodities, cryptocurrencies MT4, MT5, cTrader 1:400 (CIMA), 1:30 (MFSA) Visit
SuperForex logo
$1 CFDs, Forex, Stocks, Cryptos, Commodities MT4 1:2000 Visit
Expert Option logo
$10 Options, Stocks, Commodities, Forex, Crypto, Futures, Expert Option Web Platform N/A Visit
Olymp Trade logo
$10 Fixed Time Trades Own - Visit

#1 - Tradeview

Why We Chose Tradeview

Tradeview is an offshore forex and CFD broker based in the Cayman Islands and regulated by CIMA. Traders can access over 5000 instruments with a minimum deposit of $100. There are several third-party platforms on offer, including MetaTrader 4 (MT4) and cTrader.

"After exploring the broker, I think Tradeview is a good choice for experienced traders looking for a no-frills brokerage service with rapid ECN execution, tight spreads and feature-rich software. Conversely, with the lack of top-tier regulation and educational materials, beginners may want to look elsewhere."

- DayTrading Review Team
  • Instruments: Forex, CFDs, indices, shares, commodities, cryptocurrencies
  • Regulator: CIMA, MFSA
  • Platforms: MT4, MT5, cTrader
  • Min. Deposit: $100
  • Min. Trade: 0.01 Lots
  • Leverage: 1:400 (CIMA), 1:30 (MFSA)


  • In addition, TradeView is a liquidity provider for other firms, underlining their reliability.
  • My tests uncovered a strong range of 60+ currency pairs, which is above the industry average and should allow serious forex traders to explore plenty of opportunities
  • Through STP/ECN execution, the broker is able to achieve raw pricing on popular assets. Tradeview also charges very low commissions from $2.50 per lot per side


  • A key drawback for me is the lack of top-tier regulatory oversight. The broker’s offshore regulation with CIMA may mean that traders won’t receive robust fund protection measures. They are however, looking to bolster this area in the near future.
  • I was a little disappointed to find a $35 fee for bank wire withdrawals and a 1-1.5% fee for Skrill and Neteller

#2 - SuperForex

Why We Chose SuperForex

Established in 2013, SuperForex is an offshore CFD and forex broker offering highly leveraged trades on 400+ instruments via the popular MetaTrader 4 platform. The broker has gained clients in over 150 countries and is regulated by the Belize IFSC. With a range of STP/ECN account types, including swap-free, micro and zero spread, this broker continues to suit traders with different styles and setups. SuperForex also offers a range of welcome bonuses and trading contests.

"SuperForex will suit experienced traders looking for high leverage rates and premium membership packages. The broker also continues to stand out for its wide selection of beginner-friendly accounts, although the lack of top-tier regulation is a notable drawback."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Cryptos, Commodities
  • Regulator: IFSC
  • Platforms: MT4
  • Min. Deposit: $1
  • Min. Trade: 0.01 Lots
  • Leverage: 1:2000


  • There’s a decent range of educational resources including video tutorials, guides and seminars
  • SuperForex offers an auto-reset balance program, which prevents trading accounts from dropping below zero
  • The broker offers an impressive range of 12+ account base currencies covering multiple global regions


  • The 0.5-pip minimum spreads in the standard ECN accounts are not as tight as some of the cheapest ECN brokers, such as Pepperstone
  • The Belize IFSC is not considered a top-tier regulatory provider, so clients may receive fewer financial safeguards

#3 - Expert Option

Why We Chose Expert Option

Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Short-term traders can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders.

"Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable."

- DayTrading Review Team
  • Instruments: Options, Stocks, Commodities, Forex, Crypto, Futures,
  • Regulator: SVGFSA
  • Platforms: Expert Option Web Platform
  • Min. Deposit: $10
  • Min. Trade: $1
  • Leverage: N/A


  • The diverse range of account currencies and 20+ accepted payment methods allow for flexible funding
  • High payouts up to 95% are above the industry average
  • The broker offers an easy to use, beginner-friendly proprietary trading platform with 4 chart types and social trading features


  • Expert Option isn't available in several countries, including the EU, Australia and the US
  • The SVGFSA is a weak financial regulator with limited safeguarding measures
  • The broker doesn't offer any popular leveraged products such as CFDs

#4 - Olymp Trade

Why We Chose Olymp Trade

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

"Olymp Trade is a good option for beginners looking for access to popular financial markets, 24/7 support, and a user-friendly trading platform."

- DayTrading Review Team
  • Instruments: Fixed Time Trades
  • Regulator: FinaCom
  • Platforms: Own
  • Min. Deposit: $10
  • Min. Trade: $1


  • Comprehensive blog section with analytics, trading education and market news
  • Fixed time trades on popular markets
  • Minimum deposit and withdrawals of only $10, ideal for newer traders


  • Only one proprietary platform available
  • Offshore broker with weak regulatory oversight
  • Limited transparency

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.Flutterwave Technology Payment Solutions


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.


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 3.5% processing fee per transaction on Visa and Mastercard, while US businesses are charged 2.9%. However, whether these transaction charges are covered by the broker or passed onto their clients is at their discretion. The broker can customise these options on their Flutterwave dashboard.

BDSwiss covers all funding method fees and offers zero charges on deposits, whereas Binance offers low withdrawal fees of 1.4% on cards or 150 NGN with bank transfers and zero deposit fees for Nigerian customers.

Deposit and withdrawal limits also vary from broker to broker.


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.


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 as a guideline:



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:

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.


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.