Best Paytrust Brokers 2023

Paytrust, or Paytrust88, is a digital payment gateway accepted by several trading brokers and forex platforms. As a popular financial transaction method in South East Asia, Paytrust enables traders from countries such as South Korea, Indonesia, Malaysia and China, to transfer funds quickly and safely.

If you’re new to the deposit option, we review the solutions on offer in this article, plus other key features of the interface, such as fees, security and customer service. Before you login and make a deposit, continue reading to find out if Paytrust88 is a safe option.

Paytrust Brokers

These are the 3 best brokers that accept Paytrust deposits and withdrawals:

#1 - is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

" will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

- DayTrading Review Team
  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: Deriv Trader, MT5
  • Min. Deposit: $5
  • Min. Trade: 0.01 Lots
  • Leverage: 1:1000


  • Beginners and experienced day traders can access a strong choice of charting platforms
  • The low $5 minimum deposit suits those on a lower budget
  • There's a good range of deposit and withdrawal methods with zero payment fees


  • There's no loyalty program or rebate scheme for high volume traders
  • There are fewer day trading markets available than some other brands
  • There are limited copy trading tools and analysis features compared to alternatives

#2 - GC Option

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

"Binary options traders who favor the MetaTrader 4 platform should try out GC Option. The double-touch contracts and selection of expiry times offer a good range of trading opportunities."

- DayTrading Review Team
  • Instruments: Binary Options on Forex, Metals and Cryptos
  • Platforms: MT4, TradingView
  • Min. Deposit: $10
  • Min. Trade: $1


  • MetaTrader 4 and proprietary WebTrader platforms
  • No commission fees
  • Low minimum deposit requirement of $10


  • Poor regulatory oversight reducing safety score
  • No copy trading
  • No binaries on stocks

#3 - FP Markets

FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.

"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
  • Regulator: ASIC, CySEC, ESMA
  • Platforms: MT4, MT5, cTrader, AutoChartist, TradingCentral
  • Min. Deposit: $100
  • Min. Trade: 0.01 Lots
  • Leverage: 1:30 (UK), 1:500 (Global)


  • High leverage up to 1:500
  • MT4, MT5 and IRESS trading platforms
  • One of the fullest asset lists on the market


  • Withdrawal fees for some payment types
  • $55 subscription fee on IRESS accounts
  • Does not accept US customers

What Is Paytrust?

As part of the growing payment provider market, Paytrust operates as an intermediary between a client’s bank and online services, such as trading brokers. Many traders have opted to deposit and withdraw funds via the payment solution, due to the added layer of security that using an intermediary provides.

Founded in 2016, Paytrust88 supports many major banks within South East Asia, providing a consolidated platform where traders can deposit in a choice of currency, including Thai baht (THB), Vietnamese dong (VND) and Malaysian ringgit (MYR). The payment gateway also offers solutions for clients wishing to quickly convert their local currency into dollars when making a deposit.

Paytrust deposits

The payment gateway operates on a secure encrypted platform that can be linked to online brokerages and optimised for use on any device. However, the company does not currently offer its solutions on a mobile app, meaning that clients can only manage their accounts via a web browser.


Paytrust appeals to traders largely due to the lack of fees needed for deposits and its availability as a payment service with many brokers. Some brokers may even absorb any transaction fees, subject to the trader depositing a certain amount. The payment solution also supports unlimited daily transactions, although some brokers may apply limits or fees for transferring money within their platform.

If exchanging currency through Paytrust, there may also be additional fees or commissions built into their swap rates. It’s worth comparing the exchange rates offered by the brand to those of foreign exchanges, to get the best value.

Transaction Speed

Once set up with bank details, Paytrust88 is a fast and safe method of depositing funds onto a brokerage or exchange. Upon opening the payment portal, traders are required to input their bank login details and password to ensure transaction security. Once these steps are complete, funds will be quickly available for trading.

Withdrawal times can vary from broker to broker, but most Paytrust withdrawals are processed within one business day. The transfer solution ensures clients that funds can be safely withdrawn with minimal delay.


When considering a service like Paytrust, traders must prioritise the safety of their transactions and funds. Some brokers and payment services can operate as scams, so traders should always do their due diligence before putting their bank details anywhere. Some legitimate companies can also be hacked and have their customer data stolen.

Paytrust is a legitimate transaction intermediary which ensures that the brokerage does not have direct access to your payment information. The payment solutions claims to use “the highest encryption standard available”, providing traders with a secure connection between the broker and bank. However, it is unclear whether additional protection measures are in place, such as two-factor authentication.

How To Make Paytrust Deposits And Withdrawals

Once you have identified a broker that offers Paytrust deposits, making payments is a simple process:

  1. Log in to your broker’s platform and head to the deposit and withdrawal section. You should find any fees or terms associated with your payment on this page.
  2. Determine the amount you wish to deposit or withdraw and enter the details into the Paytrust88 online request form. The payment gateway will open a new window that serves as the secure interface between the client’s bank and the broker.
  3. Traders will be required to log in to their Paytrust account before confirming the bank account they wish to use for the transfer. You may need to answer additional security questions, depending on your bank.
  4. The transaction is then completed and your balance will update accordingly.

Paytrust trading platforms

Advantages Of Using Paytrust For Traders

There are several benefits of using Paytrust to fund trading accounts:

Disadvantages Of Using Paytrust For Traders

We’ve identified a few potential drawbacks of trading with Paytrust:

Should Traders Use Paytrust?

All in all, Paytrust is a safe and legit method of transferring funds on a brokerage platform for forex traders in South East Asia. Operating with major banks in Indonesia, Malaysia and China such as Maybank and CIMB, the payment solution aims to support trader deposits and withdrawals seamlessly. Before using any payment service, make sure to look out for potential transaction fees or any limited security features which may compromise your investments.


What Is Paytrust?

Paytrust is an online payment provider that links banks to online services such as forex exchanges and trading brokers. The payment gateway offers fast deposits and withdrawals in a range of Asian market currencies including THB, VND and MYR.

Is Paytrust Trustworthy?

Paytrust88 is a legit international payment gateway accepted by many brokers and forex exchanges. When using the solution to transfer funds, clients can rely on encryption to keep their data safe.

Does Paytrust Have An App?

The transfer solution does not currently have a mobile app, but clients can still make transactions with mobile devices and tablets through the in-browser payment interface.

Where Does Paytrust Operate?

The payment solution serves the South East Asian region, facilitating payments in a range of currencies. Major banks from countries including South Korea, China, Malaysia and Indonesia are seamlessly integrated into the payments platform.

Does Paytrust Have Customer Support?

The company provides limited customer support. For information or help, traders will need to sign up for an account by filling in the customer request form on the website.