Best POLi Brokers 2026
POLi is an online payment company operating in New Zealand. The system offers an alternative to credit card payments, meaning traders can make instant transfers to their investment accounts through an internet banking login process.
In this review, we answer key questions about POLi broker payments: how does it work and is it safe? We also cover the facts and figures around security, fees, supported banks and how to sign up.
Use our list of top brokers that accept POLi deposits in 2026 to fund your trading account today.
Best POLi Brokers
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How Did We Choose The Best POLi Brokers?
To identify the top POLi brokers, we:
- Determined which firms accept POLi payments from our database of 143 online brokers
- Verified that they support POLi deposits and withdrawals for day trading
- Ranked them by their total rating, blending our own evaluations with 200+ data entries
POLi Overview
Established in 2006 and originally part of the Australia Post company, POLi Payments was Australia’s leading online payment system until 2023, when it ceased domestic operations in Australia.
POLi now only operates in New Zealand and is partnered with eight local banks including ANZ and Kiwibank.
Importantly, POLi enables convenient payments using the debit funds available in a trader’s bank account. This means no credit card details or lengthy payment forms are needed, as the digital portal connects directly to the trader’s internet banking feed.
How To Deposit Using POLi
To make payments at POLi brokers like IC Markets, simply locate the POLi logo from within your trading account and enter the amount you wish to deposit. The firm will then start asking for your bank login details on the first screen, where you can check the transfer amount. Make sure the details are correct, as you will not be able to reverse the deposit.
Once you have logged in, you may need to confirm the transaction with a verification code, depending on your bank. Note that your broker may have a minimum or maximum deposit limit.
Speed
Payments are processed instantly and traders receive a notification confirming their deposit immediately. Of course, your broker may have their own processing times which may cause a slight delay in funds reaching your trading account.
Security
All communication is transmitted over Secure Sockets Layer using 2048 bit SSL Certificates. The company also uses a proxy server between the customer and the internet banking site, with advanced security to protect against DNS (Domain Name System) threats.
Furthermore, during a transaction, no third party can access a trader’s login credentials and no sensitive data is stored.
Charges
POLi does not charge any fees to use their service, however, your broker may have their own processing charges on certain payment methods. Deposits are usually free at top brokers, however, it’s worth checking for any withdrawal fees before you make a request.
Pros Of Trading With POLi Payments
Easy To Use
Using POLi payments is quick and easy, with no need to register for an account or download any applications. Traders can simply select it from the available payment methods in their broker’s client area and make a deposit.
Secure Status
POLi uses secure communication channels to protect client data and ensures that no sensitive banking information is stored. It is also worth checking any security procedures or fund safety measures offered by your broker for extra peace of mind.
Instant Processing
Traders receive an immediate confirmation of deposits or withdrawals. To save time, the system also auto-fills payment details for you.
Note that your forex broker may have longer processing times, which you can check by visiting their website or our detailed reviews.
Established Company
You can make payments via POLi at numerous well-known brands and established brokers including IC Markets.
The payment provider also supports a number of major New Zealand banks, including ANZ, Westpac and Kiwibank.
Digital Currencies
Digital currencies are supported. Traders can make direct withdrawals in certain cryptocurrencies direct to their account. The broker will also need to offer this as an integrated function.
Cons Of Trading With POLi Payments
Only Available To NZ
Currently, the service is only available in New Zealand, which will rule out a lot of traders. Fortunately, the company does state on the website that more territories may be added in the future.
No Refund Or Chargeback
Unlike some other payment methods, POLi does not offer any kind of payment protection or reversal of funds. However, the company can assist your broker with some disputes via the dedicated merchant phone number, which can be found on the website.
Licensing
POLi does not hold a regulatory license so traders should take care when using this method to deposit to a trading account. The company does, however, stress that they act in accordance with industry regulations and standards.
Customer Support
Assistance with payments, log in or functionalities can be accessed via the website where clients can submit a ticket.
There is also a series of resources to assist clients and merchants with set up as well as an extensive FAQ section on the website. The topics covered range from processing speeds and availability to consoles and what to do when your account is not working as you had hoped.
Of course, your broker’s customer support team may also be able to help with deposit queries or withdrawal issues.
Is POLi Good For Day Trading?
POLi offers a fast and secure online transfer system which is free from any charges and doesn’t require registration. However, the service does lack customer support, as well as payment protection or refund options. Also, unless you have a New Zealand bank account, the payment provider will not be available.
FAQ
Are POLi Payments Legit & Safe For Traders?
POLi Payments is a legitimate company established in 2006 and owned by Merco Limited. However, POLi is an unregulated payment provider and therefore may not be as secure as other options. It’s also recommended to the regulation status of your broker and what fund safety measures are in place to protect deposits.
Do POLi Deposits Work On Weekends?
You can make payments using POLi at the weekend, however, the time it takes for funds to reach your trading account may be slower depending on your broker. Fortunately, the top trading platforms offer near-instant deposits with POLi.
Are POLi Deposits Processed Quickly By My Broker?
Yes, POLi processed payments instantaneously. That said, some brokers may also have their own processing times, though deposits are usually fast.