Rapid Transfer is an instant online payment system launched by Skrill and supported by other well-known brands, including Neteller. With no sign-up needed and a fast login to digital banking, investors can make direct money deposits into their trading accounts.
Find out if Rapid Transfer by Skrill is a safe option, as we review the payment process, fees, deposit limits, rewards points and more. We have also compiled a list of the best brokers that accept Rapid Transfer deposits.
Best Rapid Transfer Brokers in Philippines
These are the top 6 brokers that we tested which offer Rapid Transfer payments:
-
- Demo account
- Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
- Min. deposit: $200
-
- Demo account
- Regulator: FSC
- Platforms: R StocksTrader, MT4, MT5, TradingView
-
- Demo account
- Instruments: CFDs, Forex, Indices, Shares, Commodities
- Regulator: ASIC, CySEC, FSCA, FSC
-
- Demo account
- Regulator: ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
- Min. deposit: $0
-
- Demo account
- Regulator: FCA, CySEC, FSA, DFSA, FSCA
- Platforms: Tickmill Webtrader, MT4, MT5, TradingView
-
- Demo account
- Regulator: BVI FSC
- Platforms: MT4, MT5
Learn how we test brokers and why you can trust our ratings.
This is why we think these brokers are the best in this category in 2026:
- 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.
- RoboForex 4.5/5 RoboForex is an online broker, established in 2009 and registered with the FSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
- FBS 4.3/5 Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
- FP Markets 4.2/5 Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
- 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.
- InstaForex 3.2/5 InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. Millions of traders have opened an account with the firm which offers a suite of active trading and investment opportunities.
Compare The Best Rapid Transfer 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 |
| RoboForex | $10 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto | R StocksTrader, MT4, MT5, TradingView | 1:2000 |
| FBS | $5 | CFDs, Forex, Indices, Shares, Commodities | FBS App, MT4, MT5 | 1:3000 |
| FP Markets | $0 | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto | Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral | 1:30 (UK), 1:500 (Global) |
| Tickmill | $100 | Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds | Tickmill Webtrader, MT4, MT5, TradingView | 1:1000 |
| InstaForex | $1 | Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options | MT4, MT5 | 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 | 3 | ||||
| RoboForex | 774 | ||||
| FBS | 10322 | ||||
| FP Markets | 10388 | ||||
| Tickmill | 1191 | ||||
| InstaForex | 553 |
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.
- IC secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
Cons
- The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
- 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.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
RoboForex
RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.
Christian Harris, Reviewer
RoboForex quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto
- Regulator
- FSC
- Platforms
- R StocksTrader, MT4, MT5, TradingView
- Minimum Deposit
- $10
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR
Pros
- In July MobileTrader Telegram Mini App was released - bringing out one of the first solutions we've seen that lets users execute trades and manage positions without leaving the Telegram messaging app.
- The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
- RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.
Cons
- RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
- While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
- Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the FSC in Belize, lowering the level of regulatory protections for traders.
FBS
FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.
Christian Harris, Reviewer
FBS quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Indices, Shares, Commodities
- Regulator
- ASIC, CySEC, FSCA, FSC
- Platforms
- FBS App, MT4, MT5
- Minimum Deposit
- $5
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, AUD
Pros
- FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
- The introduction of the FBI Assistant has given active traders useful, AI-powered intelligence to assess charts and patterns with potential trade ideas that can be executed in one click.
- 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
Cons
- Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
- Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
- There are limited currencies available - primarily EUR and USD, AUD - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.
FP Markets
FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.
Christian Harris, Reviewer
FP Markets quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
- Regulator
- ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
- Platforms
- Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
Pros
- FP Markets offers a superb selection of tradable assets, especially since expanding its suite of commodities and supporting over 10,000 stocks.
- FP Markets has integrated top-notch research tools from Trading Central and Autochartist, helping traders identify short-term opportunities based on chart patterns, indicators, and other technical factors.
- FP Markets has a seamless onboarding experience, standing out with crypto deposits and over 10 base currencies, catering to global traders.
Cons
- While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.
- FP Markets’ Iress platform is only available to clients in Australia. It also primarily emphasizes stock trading over forex trading, and data fees can accumulate rapidly unless you're an active trader or maintain a high-balance account.
- FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.
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
- 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.
- 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.
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.
InstaForex
InstaForex is a good choice for currency traders familiar with the MT4 and MT5 platforms. The broker offers more forex pairs than most rivals with very tight spreads and a low minimum deposit.
William Berg, Reviewer
InstaForex quick facts
- Demo Account
- ✔Yes
- Instruments
- Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options
- Regulator
- BVI FSC
- Platforms
- MT4, MT5
- Minimum Deposit
- $1
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR
Pros
- Low minimum deposit to get started
- Good range of payment methods including bank cards
- MT4 and MT5 integration
Cons
- Mixed user reviews on third-party sites, including some complaints of withdrawal issues
- The broker’s website and Client Cabinet can feel tricky to navigate
How Did We Choose The Best Rapid Transfer Brokers?
To find the top Rapid Transfer brokers, we:
- Used our database of 142 online brokers to identify those accepting Rapid Transfer
- Confirmed that they support Rapid Transfer deposits and withdrawals for trading
- Sorted them by their rating, combining objective data with our test observations
What Is Rapid Transfer?
Rapid Transfer is an instant online payment brand launched by Skrill Ltd, a Paysafe company. With over 170 supported banking institutions, including Deutsche Bank and Barclays, the system allows users to move money fast and securely directly from their bank account.
Skrill has been in operation since 2001 and has been part of the Paysafe Group since 2015, along with former competitor, Neteller. The Rapid Transfer service is delivered through an integrated and secure platform, supporting fast web and mobile device transactions. This makes it a popular payment solution with active traders and investors.
Pros Of Trading With Rapid Transfer
No Registration
The payment method does not require any account sign up or mobile (iOS/APK) download. Only your online banking login details are needed to make a payment, which is ideal for traders who want to make a direct deposit without topping up a separate e-wallet account.
Fast
Payments can be made in three easy steps once you’ve been redirected from the broker’s page. Funds are authorized in seconds, meaning brokers benefit from instant settlement too.
Secure Tracking
It is one of the safest methods available, as investors benefit from the familiar security framework of their online banking service. Transactions are encrypted and bank details are never stored.
Supported Countries & Currencies
Skrill Rapid Transfers supports payments to 16 countries, including the UK and France, and 4 different currencies including GBP and EUR. In 2019, Rapid Transfer also launched in the USA, in partnership with Skrill USA Inc.
Note, Rapid Money Transfer by Ecobank is available across Africa, including Ghana and South Africa.
Flexibility
Skrill and Neteller customers can also deposit money into their digital wallets using the service, which is a handy feature if traders already have a Skrill account, for example.
International Rewards
Skrill customers can enjoy reward points via the Knect loyalty program, where you can exchange Rapid Transfer points for perks, cash vouchers, bonuses and more. User reviews of the ultimate rewards system are positive. Many of the top trading brokers and platforms also offer welcome bonuses.
Good Support Options
Skrill offers several fast contact options like a support phone number, live chat, and an FAQ page on their website. If a payment is not working or has failed, the issue is likely to be resolved quickly compared to alternatives in the market. However, the live chat service is manned by a chatbot, which only answers general queries.
Cons Of Trading With Rapid Transfer
Fees
Rapid Transfer (Skrill) may charge fees depending on the country, currency unit and transaction type. Note that your broker may also charge service fees, which you can find on the company’s website or by contacting the customer support team. Alternatively, check out our reviews of the best supporting brokers.
Speed
As the name suggests, the payment process via Rapid Transfer is quick, with transactions authorized instantly on Skrill’s side. The time it takes for your deposited or withdrawn funds to be credited may vary depending on your broker’s processing times. FBS withdrawals, for example, usually take 15-20 minutes.
Security
Rapid Transfer is a secure payment method. Banking details are never stored and remain fully encrypted with your bank. All transactions are also SSL-secured and VeriSign (Norton Secure) protected.
Skrill is also authorized by the Financial Conduct Authority (FCA) in the UK, a leading financial regulator.
How To Deposit Using Rapid Transfer
To make a deposit or withdrawal in your trading account, look for the Rapid Transfer logo in the cashier area. When prompted, enter your online banking credentials and additional security codes, such as an SMS code, a OTP (One Time Password) or mobile app confirmation. Your funds will then be processed instantly and you will be redirected back to your broker’s website.
Note that your broker may have certain deposit or withdrawal limits for trading accounts. RoboForex, for example, has a minimum deposit limit of $10, while IC Markets requires $200.
Charges & Rates
Skrill may charge some fees if, for example, you use Rapid Transfer to deposit into your Skrill wallet. From the UK and using GBP, this would be charged at 1%. Currency conversions are 3.99%. There are also other Skrill fees for various types of transactions, so bear these in mind, along with other charges that your broker may impose.
Is Rapid Transfer Good For Day Trading?
Rapid Transfer by Skrill is an excellent option for direct online bank transfers. Investors enjoy fast and safe deposits to their accounts using existing online banking credentials. There is a good list of European-supported countries and currencies as well, plus recent expansion into the USA. The notable downside is the fees (if applicable for your transaction).
Use our list of brokers that accept Rapid Transfer deposits to start trading today.
FAQ
What Is Rapid Transfer & How Does It Work For Day Trading?
Rapid Transfer is a brand launched by payment service and e-wallet, Skrill. Using it means you can make direct money transfers from your bank to your broker without signing up for an account. Funds are transacted in a few simple steps.
How Do I Make A Trading Deposit With Rapid Transfer?
To use Rapid Transfer, select the payment method within your client area and enter the amount you wish to deposit. Enter your online banking details when prompted. You may need to confirm a security code with your bank. Your payment should then be processed instantly.
Is Rapid Transfer Safe To Use In My Trading Account?
Yes, the company uses SSL encryption and VeriSign technologies to protect transactions. User banking details are also never stored. Rapid Transfer is a trusted payment method owned by Skrill, a well-known UK-based payment provider which is authorized by the UK Financial Conduct Authority (FCA).