Paysafecard Brokers 2026
The Paysafe Group Limited is a multinational online payment solution for businesses, including trading brokers. Services include secure cross-border e-commerce and alternative payments. This review focuses on using a Paysafecard for day trading, specifically online account opening and deposits, along with any fees for traders. We also list the best brokers that accept Paysafecard deposits.
Best Paysafecard Brokers
Following our tests, these are the top 4 brokers that support Paysafecard payments:
Here is a short summary of why we think each broker belongs in this top list:
- FXCC - FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Nevis 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.
- 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.
- Tickmill - 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.
- Axiory - Founded in 2011, Axiory is a regulated forex and CFD broker offering tight spreads and highly leveraged trading on industry-leading platforms: MT4, MT5 and cTrader. The broker has won multiple global awards and is regulated by the FSC in Belize and the FSC in Mauritius.
Compare The Best Paysafecard Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| FXCC | $0 | CFDs, Forex, Indices, Commodities, Crypto | MT4, MT5 | 1:500 |
| XTB | $0 | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation | 1:30 (EU) 1:500 (Global) |
| Tickmill | $100 | Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds | Tickmill Webtrader, MT4, MT5, TradingView | 1:1000 |
| Axiory | $10 | Forex, CFD indices, commodities | MyAxiory App, MT4, MT5, cTrader, AutoChartist, Quantower | 1:1000 |
FXCC
"FXCC continues to prove itself an excellent option for forex day traders with an extensive range of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and high leverage up to 1:500 in the ECN XL account. "
FXCC Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Indices, Commodities, Crypto |
| Regulator | CySEC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP |
Pros
- FXCC is trusted and licensed by the CySEC, a top-tier European regulator offering high standards of safeguarding
- FXCC has added MT5, and in our hands-on tests, it matched MT4’s trading conditions with fast execution, enhanced charting, and depth of market tools.
- There are no restrictions on short-term trading strategies like day trading and scalping
Cons
- There is a threadbare selection of research tools like Trading Central and Autochartist, value-add features available at category leaders like IG
- While the range of currency pairs exceeds most alternatives, the selection of additional assets is narrow, and notably, there are no stocks
- FXCC’s MetaTrader-only offering is a drawback compared to many alternatives, notably AvaTrade which provides five platforms to suit different trader preferences
XTB
"XTB stands out as a top choice for new day traders with the terrific xStation platform, low trading costs, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. "
Christian Harris, Reviewer
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 |
| Platforms | xStation |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (EU) 1:500 (Global) |
| Account Currencies | USD, EUR, GBP |
Pros
- With a vast range of instruments across CFDs on shares, Indices, ETFs, Raw Materials, Forex, Crypto, Real shares, Real ETFs, share dealing and more recently Investment Plans, XTB caters to both short-term traders and longer-term investors.
- Opening an XTB account is a hassle-free, entirely online process that takes just a few minutes, making the entry into day trading smooth for new traders.
- 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.
Cons
- XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.
- XTB does not offer a raw spread account, which is becoming increasingly common among competitors like Pepperstone, and may disappoint day traders looking for the tightest spreads.
- 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.
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. "
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 |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, ZAR |
Pros
- 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.
- 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.
- 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.
- Tickmill’s demo accounts don’t support all platforms (like its proprietary one), which can make practicing your strategies less seamless. That’s a hassle if you want to thoroughly test your skills before going live, especially with newer Tickmill tools.
Axiory
"Axiory remains a top choice for beginners with its low deposit, unlimited demo account and high-quality education. Experienced day traders will also appreciate the advanced capabilities of the cTrader platform, although the range of 150+ instruments may be too restricting."
Axiory Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Forex, CFD indices, commodities |
| Regulator | IFSC Belize |
| Platforms | MyAxiory App, MT4, MT5, cTrader, AutoChartist, Quantower |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR |
Pros
- The broker continues to improve its market coverage by introducing real stocks alongside stock CFDs
- Axiory offers free, multiple demo accounts in any of the 3 platforms with no expiry, so clients can continuously test their day trading strategies risk-free
- Spreads are decent based on tests, coming in at 0.3 pips for EUR/USD, which is in line with some of the best low-cost forex brokers
Cons
- The broker’s range of 150+ instruments is much smaller than the hundreds offered by most leading firms
- Although regulated in Belize and South Africa, Axiory doesn’t hold any top-tier licenses in Europe, the US or the Asia-Pacific region
- Only USD and EUR are accepted as account base currencies, so many clients may have to pay conversion fees
How Did We Choose The Best Paysafecard Brokers?
To identify the top Paysafecard brokers, we:
- Pinpointed all the firms that accept Paysafecard payments from our list of 500 online brokers
- Verified that they support Paysafecard deposits and withdrawals for online trading
- Sorted them by their overall rating, derived from 100+ data points and our hands-on evaluations
Paysafecard Details
Paysafe Group PLC has been a market leader for over 20 years, offering proprietary payment solutions to businesses across various industries including forex trading, betting sites, and retail shops such as Amazon. Current firm owners are CVC and Blackstone, with recent news suggesting Paysafe Payment Solutions Limited is nearing an IPO through a merger, which could lead to a surge in its stocks and shares price.
With a transactional volume of over $140 billion in 2023, Paysafe’s purpose is to seamlessly connect merchants with customers through industry-leading capabilities in payment processing, digital wallet, and online cash solutions from its office headquarters in London, UK.
Pros Of Trading With Paysafecard
Paysafecard
The classic prepaid card is available at over 650,000 points of sale in 50+ countries including the UK. It’s also available in 30 currencies, including Euro and GBP. Users don’t need to share credit and debit card details online to maintain anonymity. The Paysafecard/Paysafe Karte can also be used to top up e-wallets.
A range of e-voucher codes and free gift cards are available providing payment perks. You can buy a Paysafecard from multiple online providers, such as Dundle. The Paysafecard is available in multiple locations, from Germany and Greece to Romania, France, Ireland and India.
Paysafecard Mastercard
The Mastercard lets users top-up from their Paysafe account for free with no prior credit checks. Daily transaction limits, maximum balance holding, and withdrawal amounts are much higher than the Paysafecard so it could suit more experienced traders. A junior account is also available.
Cash Payments
The Paysafecash option can be used by clients to upload cash directly to Paysafe accounts and digital wallets such as Skrill and Neteller. Traders can then easily transfer money into their day trading account.
Customer Service
Paysafecard offers a range of customer service options including email, a comprehensive FAQ section, and a contact form for payment issues. There is also a responsive live chat support team to help with refund queries, along with forums online. Head to the company’s website to speak to an agent.
Mobile App
You can view recent transaction status and find sales retailer outlets via the payment provider’s mobile app. The free application is available for download to iOS and Android devices. Mobile top-up PINs are also available to add funds.
Cons Of Trading With Paysafecard
Transaction Size
The standard maximum payment of £250 is unusually low and may not be suitable for trading account deposits. Traders looking to regularly deposit large sums may want to consider alternative payment options.
Availability
Despite its well-known reputation in online payment processing, PaySafe Group brands Skrill and Neteller are more established as deposit methods for traders given their favourable e-wallet advantages, such as rapid processing, high-security and easy-access digital wallets.
Speed
Transaction times with the Paysafecard are usually quick and you can fund your trading account within a couple of minutes. Note that your broker may have their own deposit and withdrawal processing times depending on the payment method, which can cause delays.
Security
Paysafe has over 20 years of experience in processing payments with a high standard of PCI compliance and annual audit reporting. Regular penetration testing is also integrated into services with supporting advice for consumers about scams.
Paysafecard is authorised through an e-money service license from the British Financial Conduct Authority. All merchants are also subject to money laundering and fraud checks. The company is a legitimate and respected payment provider.
How To Deposit Using Paysafecard
The process is fairly similar across most brokers. At XTB, for example, log in to the Client Office or click the deposit button from your xStation platform. Then choose the account you wish to deposit to and select Paysafecard from the list of options. Follow the on-screen instructions to complete the deposit.
Note providers have varying minimum and maximum transaction amount limits. Certain brokers and retailers may also have verification requirements upon login and withdrawal. Speak to the customer support team if you need further information on how to add money to your Paysafecard and how to use your online account.
Note, you may want to see if a broker has any sign-up deposit bonuses before you make payment.
Fees
It’s free to sign up and register for a virtual Paysafecard, however, the following charges may apply:
- £5 inactivity fee after 12 months
- £6 redemption charge per transaction
- £3 fee per month if full balance is not utilised after 6 months
- Currency conversion transaction fee dependant on the exchange rate
- Any transaction fees charged by your online trading broker
Is Paysafecard Good For Day Trading?
Paysafe is a globally established payment provider with various supported transaction methods and the integration of pre-paid cards. Traders should, however, be aware of the fees as well as the transaction and account limits when trading with a Paysafecard or Paysafecard Mastercard.
FAQ
What Is A Paysafecard And How Does It Work At Trading Brokers?
A Paysafecard is a virtual card that can be used to make payments online and fund trading accounts. The cards can be bought from multiple payment providers and offer anonymity to users.
Which Brokers Accept Paysafecard Deposits?
Several top-rated brokers offer Paysafecard, including Deriv, FXCC and XTB. Check out our list of top brokers with Paysafecard to find the best option for you.
Are Paysafecard Deposits Fast?
Yes, Paysafecard typically processes deposits within minutes. Note that your broker may have their own processing times, though deposits are usually instant.