Maestro Brokers 2025
Maestro is a method of payment that e-merchants and sellers accept in exchange for goods or services, including trading brokers. This review will cover how Maestro works and its pros and cons for funding online trading accounts. We also unpack deposit and withdrawal speeds, transaction limits, plus what differentiates it from other popular payment solutions.
Use our list of the best brokers that accept Maestro deposits directly below to start trading.
Best Maestro Brokers
Our thorough tests have revealed the below 6 best brokers with Maestro payments:
Here is a short summary of why we think each broker belongs in this top list:
- Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
- AZAforex - Established in 2016, AZAforex is an offshore broker offering short-term trading on 235+ global financial markets, including through binary options with payouts of up to 90%. Three accounts (Start, Pro and VIP) offer unique features, but all provide access to the broker’s Mobius Trader 7 platform, which has benefited from performance upgrades over the years.
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
- FxPro - Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 100 industry awards and counting for its competitive conditions for active traders.
- XTB - Founded in 2002 in Poland, XTB now serves more than 1 million clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.
- CMTrading - Established in 2012, CMTrading has emerged into a popular broker with active traders, particularly in South Africa. Sporting four account options (Basic, Trader, Gold, Premium) and the popular MT4 platform alongside the broker’s own Webtrader, it provides a compelling trading environment for short-term traders.
Compare The Best Maestro Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| Dukascopy | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 | 1:200 |
| AZAforex | $1 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options | Mobius Trader 7 | 1:1000 |
| Deriv | $5 | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView | 1:1000 |
| FxPro | $100 | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting | FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
| XTB | $0 | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation | 1:30 (EU) 1:500 (Global) |
| CMTrading | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Webtrader, MT4, TradingCentral | 1:200 |
Dukascopy
"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."
Christian Harris, Reviewer
Dukascopy Quick Facts
| Bonus Offer | 10% Equity Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Regulator | FINMA, JFSA, FCMC |
| Platforms | JForex, MT4, MT5 |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN |
Pros
- Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
- The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
- Dukascopy offers tight spreads starting from 0.1 pips, leverage up to 1:200 (depending on the jurisdiction), and volume-based commissions that reward high-frequency traders.
Cons
- While Dukascopy provides some educational resources and 24/7 support, the complexity of its platforms and tools required extensive testing and may overwhelm newer traders.
- While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.
- Some account types, such as the MT4/MT5 accounts, require a higher minimum deposit of $1,000, which may not be ideal for traders with smaller budgets.
AZAforex
"AZAforex is best suited to active traders looking to make all-or-nothing bets on global markets through binary options and those looking for high leverage up to 1:1000 in return for weak regulatory safeguards."
AZAforex Quick Facts
| Bonus Offer | 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options |
| Regulator | GLOFSA |
| Platforms | Mobius Trader 7 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.0001 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, MYR, IDR, CHF, RUB, THB, VND, UAH, CNY |
Pros
- AZAforex provides high leverage of up to 1:1000, allowing for potentially greater returns with smaller capital. While this comes with increased risk, it's an attractive feature if you are an experienced trader looking for aggressive growth strategies.
- AZAforex supports a huge and growing variety of payment methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, providing flexibility for funding and withdrawals. This variety accommodates traders from different regions and preferences.
- Few brokers offer binary options as part of their portfolio. Still, AZAforex includes them, allowing you to speculate on short-term price movements with fixed risk and reward up to 90%.
Cons
- AZAforex still operates without regulation from a recognized financial authority, which raises concerns about transparency, fund safety, and accountability. You may have no recourse in disputes, making it riskier than regulated brokers.
- AZAforex offers basic trading guides and a blog but lacks robust educational tools such as video tutorials, webinars, or interactive learning resources. This makes it less appealing for beginners who need comprehensive learning support. A lot of the content is outdated, too.
- While functional during testing, the Mobius Trader 7 platform is proprietary and not widely used by other brokers. This creates risks of potential price manipulation or discrepancies in market data, as there's no external verification like with MetaTrader or cTrader.
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance.
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
- Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
Cons
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
FxPro
"FxPro is a stellar option for day traders, sporting exceptionally fast execution speeds under 12ms, competitive fees that were lowered in 2022, and terrific charting platforms in MT4, MT5, cTrader and FxPro Edge."
FxPro Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting |
| Regulator | FCA, CySEC, FSCA, SCB, FSA |
| Platforms | FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
| Account Currencies | USD, EUR, GBP, AUD, JPY, ZAR, CHF, PLN |
Pros
- FxPro's Wallet is a standout feature that allows traders to manage funds securely. By segregating unused funds from active trading accounts, the Wallet provides additional protection and convenience.
- FxPro offers four reliable charting platforms, notably the intuitive FxPro Edge, with over 50 indicators, 7 chart types and 15 chart timeframes.
- FxPro operates under a 'No Dealing Desk' (NDD) model, ensuring fast and transparent order execution, often under 12 milliseconds, ideal for short-term trading strategies.
Cons
- While FxPro provides 24/5 customer support through multiple channels that performed well during testing, it lacks 24/7 availability, which can disadvantage traders needing assistance outside traditional market hours.
- Despite a growing Knowledge Hub and a $10M funded demo account, FxPro is geared towards advanced traders, with beginners potentially finding the account and fee structure complex.
- There are no passive investment tools like copy trading or interest paid on cash. While active traders may not miss these, competitors like eToro catering to active and passive investors have more comprehensive offerings.
XTB
"XTB stands out as a top choice for new day traders with the terrific xStation platform, commission-free pricing, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. "
XTB Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs |
| Regulator | FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti |
| Platforms | xStation |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (EU) 1:500 (Global) |
| Account Currencies | USD, EUR, GBP, PLN |
Pros
- The xStation platform continues to impress with its user-friendly interface and intuitive features, including customizable news feeds, sentiment heatmaps, and trader calculator, reducing the learning curve for newer traders.
- XTB offers fast withdrawals with same-day payments if requested before 1 pm, ensuring day traders have quick access to their funds.
- With an excellent range of educational materials, including training videos and articles integrated into the platform, XTB supports traders at all levels.
Cons
- The research tools at XTB are good but could be great if they went beyond in-house features with access to leading third-party tools such as Autochartist, Trading Central and TipRanks.
- The demo account expires after just four weeks, a serious limitation for traders who wish to thoroughly test the xStation platform and practice short-term strategies before committing real funds.
- XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.
CMTrading
"CMTrading is well suited to traders in South Africa looking for highly leveraged trading opportunities on global financial markets through a user-friendly, web-accessible platform, with signals from reputable providers to help inform short-term trading decisions."
CMTrading Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | FSCA, FSA |
| Platforms | Webtrader, MT4, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:200 |
| Account Currencies | USD, EUR, ZAR |
Pros
- CMTrading operates under the oversight of the FSCA in South Africa, providing degree of operational security and accountability, ensuring the platform follows industry standards.
- Multiple account options, including Basic, Trader, Gold, and Premium, cater to short-term traders with different needs and budgets. These accounts provide tighter spreads, trading signals, and discounts for higher-tier users.
- The CMTrading Academy has come a long way, offering a wealth of materials for traders at all levels. Video courses, webinars, and market analysis updates can help users deepen their knowledge.
Cons
- Spreads are higher than those offered by some competing brokers like IC Markets based on evaluations. This could increase trading costs, particularly for high-volume day traders.
- CMTrading's customer support is unavailable around the clock, which proved inconvenient during testing for traders in different time zones or those who encounter issues during non-business hours.
- While CMTrading offers a variety of assets, the overall selection is still significantly narrower than that of category leading brokers like BlackBull. The focus is primarily on forex, commodities, a few indices, and crypto.
How Did We Choose The Best Maestro Brokers?
To list the top Maestro brokers, we:
- Scanned our database of 500 online brokers and shortlisted all those that offer Maestro payments
- Ensured they accept Maestro deposits and withdrawals for online trading
- Ranked them by their overall score, combining 100+ data with our extensive observations
About Maestro
The financial services company Mastercard introduced Maestro debit cards and prepaid cards in 1991. The debit cards are connected to a customer’s account, be it current, savings, or other, while a prepaid card isn’t connected to any account. They were introduced primarily to facilitate low-cost, cross-border payments.
The brand is accepted at around 15,000,000 point of sales outlets in 93 countries, including the USA, Canada, and Hong Kong, but it is particularly popular in Europe. Other countries, like China and the UK, replaced Maestro debit cards with Mastercard and Visa debit cards, and no longer issue Maestro.
Despite this, there is still a long list of brokers that accept Maestro cards spanning most major trading jurisdictions. And due to fast payment processing and transparency in terms of traders only being able to spend the funds in their account, Maestro brokers are popular with retail investors.
Deposit & Withdrawal Speed
Most Maestro brokers, such as XTB, eToro and XM, offer instant deposits. However, some trading platforms require a copy of personal identity documents before processing payments, which can cause delays. Additionally, some banks have extra security precautions which can mean funds won’t appear in trading accounts for several hours.
Withdrawal times often take longer as many Maestro brokers have to satisfy KYC checks and validate profits before releasing funds. With that said, timelines do not differ between card transactions, whether it be Visa debit, Mastercard credit, or Maestro debit/pre-paid cards. Most brokers that accept Maestro process withdrawals within 1-5 business days.
Payment Fees
There are not normally additional fees when using the solution to make deposits to trading accounts, which is an advantage over other payment methods, such as wire transfers and cryptos. Both eToro and XM, for example, offer fee-free deposits and withdrawals via Maestro.
With that said, some brokers that accept Maestro may charge a small commission, alongside a currency conversion fee. Currency conversion fees are often fixed, and proportionate to the volume of the profit you are withdrawing.
Safety
The company is a trusted and regulated payment service in all countries and cities where it operates. The brand is owned by Mastercard, which provides end-to-end encryption on all transactions. This means your personal details are protected.
The best way to ensure any sensitive information is safe is also to trade with regulated Maestro brokers. Some of the top financial regulators include the Cyprus Securities & Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA), and the Australian Securities & Investments Commission (ASIC).
Advantages Of Maestro Deposits For Traders
- There is a long list of countries and brokers that accept Maestro payments.
- Transactions are fast, so you can make deposits instantly and begin trading.
- Traders can only use funds in their account, reducing the risk of overtrading which can happen if you use a credit card.
- Maestro is used globally, so supports a range of currencies, including USD, EUR, GBP and JPY. This also means less chance of paying currency conversion fees if your broker accepts a corresponding base currency.
- Mastercard issues Maestro cards, providing traders with peace of mind that the company is reputable, regulated and trustworthy.
Disadvantages Of Maestro Deposits For Traders
- Maestro is being replaced by Mastercard debit in some jurisdictions, which means less availability in the long term.
- The payment solution is being replaced because its servers cannot handle huge influxes of online transactions, which may impact the efficiency and reliability of the service for traders.
- Some banks that offer Maestro cards enforce relatively low transfer limits on accounts which may impact high-volume traders.
How To Deposit Using Maestro
- Choose a broker: Ensure the broker accepts clients from your region, be it the US or Australia, and has a range of underlying assets that you can trade, from stocks, ETFs and options to forex and cryptocurrencies. Additionally, the best Maestro brokers will have 24/7 or 24/5 support in case of any issues with deposits and withdrawals.
- Deposit: Before making a deposit, ensure you are aware of any minimum transfer limits. For example, XTB‘s minimum deposit is $0, while FxPro requires $100. Next, log in and navigate their website or platform interface to the deposit area and select the Maestro payment option. You will need to enter your card details, including the long card number, zip or CVC code, and expiry date.
- Withdrawals: Most brokers that accept Maestro withdrawals will need several days to process the payment. Some trading platforms will also only let you withdraw using the method you used to fund your account. Select Maestro in the cashier or similar portal and follow the on-screen instructions. Contact the customer service team if you have been waiting longer than expected.
Is Maestro Good For Day Trading?
Maestro cards are recognized worldwide, including by many of the top online brokers and trading platforms. Traders benefit from near-instant deposits, fee-free account funding, plus robust security measures. The only major drawback is that Maestro cards are being replaced by Mastercard in some locations.
Use our list of the top brokers that accept Maestro deposits and withdrawals to start trading.
FAQ
Is Maestro The Best Way To Make Trading Deposits?
Maestro is a popular way to fund online trading accounts. Investors simply need to enter their card details at supporting brokers and funds should appear within a couple of hours. Withdrawals can take longer but are usually free of charge and secure.
How Can I Be Safe When Using Maestro Whilst Trading?
Maestro uses heavily regulated online servers for carrying out transactions and offers end-to-end encryption within its payment portals. Additionally, make sure you use a secure password to access your account. It’s also worth signing up with trusted Maestro brokers that offer two-factor authentication at the login stage.
Should I Get A Maestro Card For Trading?
Although making payments with Maestro means instant deposits and secure transactions globally, it is being discontinued in some jurisdictions. With that in mind, traders may prefer to use Visa or Mastercard. Alternatively, e-wallets like PayPal and Neteller are supported by many of the top trading brokers.
What Are The Best Brokers That Accept Maestro Deposits?
There are many top-rated trading brokers that accept Maestro. Among the best trading platforms are eToro, XTB, and XM. See our full list of leading Maestro brokers to compare different brands.