Klarna is a payment solution from Sweden with its famous tagline ‘buy now, pay later’ helping it handle billions in sales. However, Klarna/Sofort bank payments shouldn’t be confused with Klarna’s buy now, pay later products when it comes to online trading. Klarna restricts payments involved in investment services, and brokers supporting Klarna generally offer it as a bank transfer method rather than a way to borrow money to trade online.
This guide explains how Klarna works. We also list the top brokers that accept Klarna deposits in 2026. In some brokers cashier portals you may see the payment method listed as Sofort, which Klarna acquired, and which uses the same underlying engine to authorize transfers directly from your online bank account.
Best Klarna Brokers
These are the best 3 brokers that offer fast and secure Klarna payments based on our tests:
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- Demo account
- Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
- Min. deposit: $200
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- Demo account
- Regulator: CySEC, MISA
- Platforms: MT4, MT5
84.6% of retail CFD accounts lose money. -
- Demo account
- Regulator: FCA, CySEC, FSA, DFSA, FSCA
- Platforms: Tickmill Webtrader, MT4, MT5, TradingView
Learn how we test brokers and why you can trust our ratings.
Here is a short overview of each broker's pros and cons
- IC 4.8/5 IC Markets (now IC) is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 200,000 clients from over 200 countries.
- FXCC 4.6/5 FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Comoros Union and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
- Tickmill 4.0/5 Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Hundreds of thousands of traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
Compare The Best Klarna Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| IC | $200 | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | 1:5000 |
| FXCC | $0 | CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto | MT4, MT5 | 1:1000 |
| Tickmill | $100 | Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds | Tickmill Webtrader, MT4, MT5, TradingView | 1:1000 |
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.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| IC | 2 | ||||
| FXCC | 225 | ||||
| Tickmill | 1191 |
IC
IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.
Christian Harris, Reviewer
IC quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
- Regulator
- ASIC, CySEC, FSA, SCB, CMA-Kenya
- Platforms
- MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
- Minimum Deposit
- $200
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
Pros
- You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
- IC offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
- As a tightly regulated and widely respected broker, IC prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
Cons
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
- Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
- While IC offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
FXCC
FXCC continues to prove itself an excellent option for day traders with a particularly strong selection of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and a free VPS for qualifying traders.
Jemma Grist, Reviewer
FXCC quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto
- Regulator
- CySEC, MISA
- Platforms
- MT4, MT5
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD
Pros
- FXCC has stepped up its offering over the years, adding MT5 to its suite of platforms, hundreds of stocks and more cryptos to its product line-up, plus a copy trading feature and greater margin trading opportunities.
- FXCC’s ECN XL account has been built with active traders in mind, featuring spreads from 0.0 with no commission, while also passing our execution speed benchmark for day traders.
- Customer support still relies on human agents with response times of under three minutes on live chat during our tests and knowledgeable reps - a welcome break from the frustrating AI chatbots increasingly offered by brokers.
Cons
- Although FXCC has bolstered its range of markets with US, European and Asian stocks, the choice of metals and energies is light, and there are no soft commodities.
- Although the economic calendar has benefited from a facelift, FXCC still offers very little in terms of market research beyond basic daily technical analysis and aggregated market news, with no tools like Autochartist or social sentiment data.
- FXCC charges steep withdrawal fees on many of its payment methods, including $45 for bank transfers and 2% crypto transfers, which may cut into the returns of traders making regular withdrawals.
Tickmill
Tickmill is a stellar choice for day traders, especially if you opt for the Raw account which delivers near-zero pip spreads and impressively fast order execution during testing.
Christian Harris, Reviewer
Tickmill quick facts
- Demo Account
- ✔Yes
- Instruments
- Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds
- Regulator
- FCA, CySEC, FSA, DFSA, FSCA
- Platforms
- Tickmill Webtrader, MT4, MT5, TradingView
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, ZAR
Pros
- Based on our actual trading experience, Tickmill consistently processes orders quickly - averaging ~59 milliseconds - with very few instances of slippage or requotes. For a day trader, that means you can trust your entry and exit prices without worrying about delays that might cost you money in fast markets.
- When using the Raw Spread account, you’ll notice how tight the spreads are - sometimes even zero pips - paired with a transparent per-trade commission. This setup helps keep your overall trading costs low, which is a significant advantage when you’re making frequent trades and want to avoid hidden fees that cut into your profits.
- Tickmill’s multiple licenses with authorities like the FCA and CySEC aren’t just paperwork - they translate to real-world benefits. Your money is kept separate in secure accounts, and the broker offers negative balance protection. In practice, this means you won’t be on the hook for more than you deposit, providing peace of mind when markets get volatile.
Cons
- Tickmill primarily focuses on forex pairs, select stock CFDs, indices, and a few commodities. If you like switching between many different asset classes, like crypto or a broader range of stocks, you’ll find the choices limited compared to brokers with thousands of instruments.
- If you’re used to cTrader’s modern layout and sophisticated order types, you’ll miss that here. Tickmill sticks with MetaTrader 4 and 5, as well as TradingView and its own proprietary platform, so there’s no cTrader option. This might slow down traders who rely on cTrader’s workflow or specific tools, such as cTrader Copy.
How Did We Choose The Best Klarna Brokers?
To identify the top Klarna brokers, we:
- Referred to our library of 143 online brokers and platforms, focusing on all those that accept Klarna payments
- Verified that they support Klarna deposits and withdrawals for day trading, sometimes shown as ‘Sofort’
- Ranked them by their total rating, blending over 200 data entries with first-hand insights from our testers
What Is Klarna?
Klarna Inc is a Swedish fintech company with headquarters in Stockholm alongside a HQ in Columbus, Ohio for its US branch. The firm was founded in 2005 and quickly went on to become one of the most popular online payment methods, rivalling alternatives like Afterpay and Affirm.
Importantly, the brand is known as a ‘buy now pay later’ service provider, which aren’t typically available for online investing. It traditionally offers credit to customers who must then either pay in 4 steps, pay in 30 days, or receive a longer-term loan. Clients may also be offered a 10-day extension if required, which has helped improve its investor and customer relations.
The payment solution is simple to use and it’s easy to learn how to apply for an account. Customers can sign in through the mobile app (available on iPhone and Android) or via the official website. All that is required to register and login online is a valid email address.
Uses
You can use Klarna to pay in-store at a business for anything like a mattress, flights and hotels. Amazon also accepts payments on its site, as do other popular merchants and stores like Game, Nike and Ikea. For a comprehensive list of stores that accept Klarna, visit their official website or look for the logo on retailers’ websites.
Klarna is also becoming a popular payment option with some traders. It is a quick, easy and secure method of making deposits at a range of brokers.
Note, if traders encounter issues while using the service or need help, they should contact the customer support number.
Transaction Times
It typically takes one to two days for a payment to be processed, however, in some situations it could take up to seven business days for the payment to show on your account statement. If it takes longer, it could mean the transaction service is down, and you should check recent news or contact the telephone number for support.
If you are using Klarna to make a deposit at a broker, it should be processed within one to two days like a standard transaction. There may be a delay on the broker’s end, so check their website for standard processing times. Klarna cannot be used to make withdrawals, however, another service by the company (Sofort) is suitable.
Pricing Review
Different payment options feature varying fees. The ‘pay in 4’ and ‘pay in 30’ choices both have a 0% interest rate. But if you are late making payments, there is a $7 surcharge.
The other option is to apply for a loan that must be repaid within six months or up to three years. This will be subject to interest of varying rates, which will be outlined when you make the payment. Loans must be repaid according to the monthly financing plan and any late payments will be subject to a $35 fee.
The company may offer deals or promo codes to help you out when you first sign up. It is also worth noting that the payment provider has no pre-defined spending limit.
Importantly, most online brokers will not charge additional fees when making a deposit using Klarna. But remember, if you are late making payments, fees may be charged. Moreover, if you choose the loan option to pay for your deposit, interest will be charged.
Security
Klarna is a secure deposit method that is trusted by millions of users, including traders and investors. Even though you must enter your online bank details to make payments to Klarna, this is done via their secure payment form. This ensures merchants, brokers or third parties cannot gain access to and view sensitive information. The company also employs high security standards to ensure personal data and information is protected.
From the accounts section, the brand makes it easy for users to track and view payments, meaning traders can quickly see if someone else has accessed their account. For further reviews of the firm’s security protocols, visit sites like Reddit.
Pros For Traders
The main advantages of trading with Klarna include:
- Popular in Scandinavian countries especially
- Price alerts in the app
- 24/7 customer service
Cons For Traders
Our research did flag some potential drawbacks:
- Not as quick as instant payment methods
- Buy now pay later not typically permitted for trading activities
- Not suitable for withdrawals
- Huge borrowing risks
- Late fees
How To Deposit Using Klarna
It is simple to make a deposit at your broker. For example, you will often need to follow these steps:
- Head to the ‘Deposit Funds’ page after logging in to your account
- From the list of options, choose Klarna
- Enter the amount you wish to deposit and the currency
- You will then be directed to the payment portal where you can enter your account details
- Hit confirm and then make payments to Klarna
Is Klarna Good For Day Trading?
It isn’t right for many traders. It’s important to note that Klarna’s Acceptable Use Policy generally restricts its buy now pay later, credit, and loan products from being used for online trading activities. We’ve also seen some brokers, such as eToro, discontinue its support for the payment method.
If you want to start using Klarna to make a deposit on your trading platform, check out our list of supporting brokers and follow our step-by-step guide.
Note, borrowing funds to pay for trading activities is extremely risky. Make sure that you can and will be able to pay back funds.
FAQ
Is Klarna Legit And Safe For Day Trading?
Klarna is a legitimate company. It has been operating since 2005 and accounts for 40% of all e-commerce in Sweden. Even though customers must enter online bank details, it is all conducted via the brand’s secure form ensuring third parties cannot access personal information.
Still, trading with money you do not have remains extremely dangerous for retail investors. It is not suitable for most traders. Most of its borrow-type products are not actually allowed for day trading purposes.
How Long Do Deposits To Klarna Brokers Take?
Klarna deposits are usually processed in one to two days, though processing times at the broker may differ depending on your location. This is slow compared to other payment solutions with instant processing.