Best Apple Pay Brokers 2025

Apple Pay is a popular transfer method with over 500 million users. The iOS wallet application provides users with a shortcut to access their credit and debit cards, enabling straightforward deposits and withdrawals at trading brokers. In this review, we explain how to use Apple Pay, alongside support details, fees and compatible devices. We also list the top brokers that accept Apple Pay deposits in 2025.

What is Apple Pay?

Apple Pay is a digital payment system available on Apple iOS devices. It works with the Wallet app so you can store credit and debit cards which can then be used to pay merchants online and in person. You can purchase goods and services from companies such as eBay, Tesco, KFC, Zara, Uber Eats and JD.

Importantly, making a payment is easy because you have quick, almost instant access to your card just by pressing the Apple Wallet app logo where your default card details are stored. You can also see the transaction history for each card including any subscriptions and recurring payment plans you have. This is particularly useful when requesting a refund from a merchant.

History

Launched in the USA in 2014, Apple Pay was introduced to the UK the following year and has since expanded to over 70 countries. It is now so popular that six out of every 10 people in the UK used Apple Pay to make a purchase in 2021. Its popularity, in part, is due to Apple Pay using near-field communication (NFC) technology akin to contactless credit and debit cards.

Apple Pay is also becoming an accepted deposit and withdrawal method at trading brokers, including AvaTrade. In addition, it can be used to purchase cryptocurrency from entry-level brokers such as CoinGate.

How to Set Up Apple Pay

It is simple to set up Apple Pay:

• Launch the Apple Wallet App (it should be pre-downloaded on your Apple phone, tablet or computer)
• Add a new card by pressing the ‘plus’ button
• Select the ‘Debit’ or ‘Credit Card’ option
• You can either use the camera to scan the front side of the card or you can manually input the card number, expiration date and security code
• Validate the card either by receiving a text via iMessage or SMS or through a call from your bank
• If you want to remove a card or are interested in updating the card info, simply click on the three-dots icon on the app and make any changes on the pop-up screen
• Setup face ID or fingerprint scan for verification at the point of sale. If you use a device without face ID support or a fingerprint button, you can pay with a four or six-digit passcode

Note, you will need an Apple ID with an email address and password.

How to Pay With Apple Pay

• Login to your account with one of the trading brokers that accept Apple Pay
• Go to the account funding section and choose either ‘deposit’ or ‘withdrawal’
• Select ‘Apple Pay’ from the available methods
• Input the desired amount and click confirm
• You should see a pop-up asking to confirm the payment with face ID, fingerprint or your verification code

Speed

Deposits are processed almost immediately when using Apple Pay. Trading212, for example, says you can expect to wait around 10 minutes for the deposited funds to be reflected in your brokerage account.

Withdrawals, however, tend to take longer. For instance, Capital.com says that withdrawals are processed within 24 hours of the request, but you can expect to wait up to 5 days before the funds return to your bank account. This is standard with most online brokers as they need to complete verification checks.

Cost

The transaction fee for making a payment with Apple Pay is at the broker’s discretion. Many brokers, such as Pepperstone and XM, do not charge users for making a deposit or withdrawal with Apple Pay.

There are certain brokers, however, that impose a fee.  One example is Trading212, which charges a 0.7% transaction fee on all deposits over £2,000.

Customer Support

If your Apple Pay deposit experiences an error, if it doesn’t work, won’t add your card, or simply says your phone number is invalid, there are several contact methods you can use to get help:

• A community forum to speak with other Apple pay users
• A support centre with topics covering common problems and questions
• Phone contact number that you can ring (see the website for the respective helpline)
• Customer service live chat that is open between 8 AM and 8 PM Monday to Friday and from 9 AM until 6 PM on weekends
• Speak to someone in-person. There are 38 Apple stores in the UK where you can talk with an employee who can also give you a demo of your device

Is Apple Pay Safe & Secure?

Apple Pay is a safe way to make online payments. When you scan your card, the information is encrypted and kept secure on Apple’s servers. Additionally, you must set up a passcode to complete payments. This means that even if someone steals your device, payments will be declined because verification is required. This also makes it particularly important to keep your passcode secret.

Benefits of Apple Pay

• Easy for brokers to facilitate Apple Pay using JavaScript API or Stripe for gateways
• Apple guarantee privacy and security for user and card information
• The process to connect debit and credit cards is straightforward
• Trading deposits are usually processed immediately
• Pre-downloaded on all Apple devices
• Free to set up and use

Drawbacks of Apple Pay

• Investors with Android devices cannot use Apple Pay
• Not yet supported by the majority of brokers
• Limited buyer protection measures in place

Apple Pay Verdict

Apple Pay is a reliable payment method. It is a great option whether you want to invest in stocks such as Amazon and Uber or cryptos like Bitcoin (BTC) and Ripple (XRP). It is also easy and free to get up and running with Apple Pay if you have a compatible iPhone, iPad or Mac computer. See our list of brokers that accept Apple Pay deposits to start trading today.

If you do not have an Apple device, consider alternatives such as PayPal or Google Pay, which is the equivalent for Android. And as with all investments and payment methods, beware of scams and never invest more than you can afford to lose.

FAQ