Best FasaPay Brokers 2025
FasaPay is an e-wallet that investors can use to transfer funds between their bank account and a trading broker. As a reliable and low-cost payment method, FasaPay is a viable deposit option for UK-based traders.
This guide will detail how it works and review transfer fees, processing times, pros, cons and anything else traders should know before signing up with FasaPay brokers. We have also ranked the best brokers that accept FasaPay deposits in 2025.
FasaPay Brokers
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Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30 -
Fusion Markets, an online broker since 2017, operates under the regulation of ASIC, VFSC, and FSA. Renowned for offering cost-effective forex and CFD trading, it provides various account options and copy trading solutions to suit diverse trading needs. New clients can begin trading with a simple three-step registration process.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto ASIC, VFSC, FSA MT4, MT5, cTrader, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
BlackBull, a New Zealand-based CFD broker, offers a wide range of trading options across more than 26,000 instruments. Following a 2023 rebrand, it boasts a contemporary design and provides advanced trading tools along with ultra-fast execution speeds, averaging 20ms.
Instruments Regulator Platforms CFDs, Stocks, Indices, Commodities, Futures, Crypto FMA, FSA BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC ProTrader, MT4, MT5, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:30 -
Established in 2020 in Cyprus, RedMars provides attractive spreads on over 300 instruments and offers leverage up to 1:500. It has three types of accounts—Standard, Pro, and VIP—to cater to different budgetary needs and experience levels. The account opening process is swift and entirely digital.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Cryptos CySEC, AFM MT5 Min. Deposit Min. Trade Leverage €250 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Founded in 2017, Pocket Option is a binary options broker providing high/low contracts for forex, stocks, indices, commodities, and cryptocurrencies. Attracting more than 100,000 active users worldwide, the platform remains a favourite among emerging traders.
Instruments Regulator Platforms Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos MISA Web, MT4, MT5 Min. Deposit Min. Trade Leverage $50 $1 -
Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto FCA, ASIC, FMA, DFSA, SVGFSA Axi Copy Trading, MT4, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Established in 2015, VT Markets is a leading Australian multi-asset CFD broker. Offering over 1,000 trading instruments, it supports both MetaTrader 4 and MetaTrader 5 platforms. With these resources, VT Markets provides extensive trading opportunities to more than 400,000 clients globally. It operates under the regulation of ASIC, FSCA, and FSC.
Instruments Regulator Platforms CFDs, Forex, Commodities, Stocks, Indices ASIC, FSCA, FSC VT Markets App, Webtrader, Web Trader+, MT4, MT5, TradingCentral Min. Deposit Min. Trade Leverage 50 - 500 USD 0.01 Lots 1:500 -
M4Markets, a distinguished broker, operates under the regulation of CySEC, FSA, and DFSA. Despite its recent emergence in the market, M4Markets constantly enhances its services with cutting-edge tools, platforms, and account options. Novices can begin trading with a minimum of $5, whereas seasoned traders benefit from leverage as high as 1:5000.
Instruments Regulator Platforms Forex, CFDs, Indices, Shares, Commodities, Cryptos FSA, CySEC MT4, MT5 Min. Deposit Min. Trade Leverage $5 0.01 Lots 1:1000 -
Grand Capital is a MetaTrader broker offering welcome bonuses, trading competitions, and an easy-to-use copy trading service. With multiple account options and over 400 assets, it caters to different investors and strategies. New users can set up an account and begin trading quickly.
Instruments Regulator Platforms CFDs, Forex, Indices, Shares, Energies, Metals, Cryptocurrencies, Binary Options FinaCom MT4, MT5 Min. Deposit Min. Trade Leverage $10 0.01 Lots 1:500
About FasaPay
Operated by Fasa Centra Solutions Ltd., FasaPay is an online payment service that connects customers such as traders, with merchants like online brokers.
Launched in 2011, it has become a popular payment method with over 560,000 members and more than 400 merchants across 222 supported countries, including the UK.
The company is based in Kuala Lumpur, Malaysia and there is an additional office in Dubai, UAE.
Importantly, FasaPay only supports transfers made using USD and IDR. If you want to make trading deposits using Pound Sterling (GBP) or crypto like Bitcoin (BTC), you will need to account for currency conversion charges.
How FasaPay Works
Your membership status impacts the features and limits available. The three different membership types are registered, active and verified. If you want to use FasaPay for depositing funds to a trading broker or withdrawing funds back to your bank account, you need to have a verified member status.
To become verified, you will need to upload a scan of your passport and a photo of yourself after you register a new account. In addition, you must submit a billing statement to prove your address is correct.
The verification process typically takes between one and three business days.
Transfer Times
FasaPay is generally a fast method for funding trading accounts. Most brokers that accept FasaPay deposits will process payments instantly, including Axi and FP Markets.
You can expect withdrawals to take longer. Withdrawals at Axi, for instance, take between one and three business days while clients of FP Markets must wait at least one business day.
Fortunately, this is not always the case as funds are transferred immediately when using FasaPay for both deposits and withdrawals at Global GT.
Fees & Limits
FasaPay does not impose any charges on users when they deposit and withdraw funds. The only transfer fees come from merchants and customers sending money between accounts.
Many brokers that accept FasaPay deposits and withdrawals do not charge a fee. For instance, both Axi and Global GT offer free transfers, with minimum deposit and withdrawal limits of $5 and $10, respectively.
However, there are certain FasaPay brokers that do impose fees. For example, FP Markets and SuperForex charge a 0.5% commission across all withdrawals. Furthermore, Alpari charges a flat 0.5% rate for both deposits and withdrawals, up to a maximum withdrawal fee of $5.
How To Make Deposits & Withdrawals With FasaPay
Deposits
- Ensure that you have topped up your FasaPay account with sufficient funds to cover the trading deposit. This can be done using Payment Gateway, Master Changer or bank transfer
- Log into your brokerage account
- Go to the section of the mobile app, platform or website relating to funding
- Select FasaPay as the chosen payment method
- Specify the amount you wish to deposit
- Submit the request
- You will be taken to the FasaPay portal where you must input your account details
- Confirm the deposit
Withdrawals
- Sign into your account with respective FasaPay brokers
- Navigate to the funding section of your broker’s platform
- Click ‘Withdraw’ and choose FasaPay as the method
- Type the amount that you want to withdraw. You may also be asked to choose the currency
- Input your FasaPay destination account details
- Confirm the request and complete any verification steps
- The funds will then be withdrawn to your FasaPay account rather than directly to your bank account
Payment Security
The payment solution offers a number of protective measures to its customers. These provide traders with validation tools to ensure that only authorised people can use their accounts. This includes a six-digit master code asked before changing account information, PINs used to confirm sign-in attempts and transactions, as well as API security to blacklist certain IP addresses. These tools altogether can help to keep your trading funds secure, even if your profile login ID is compromised.
To improve your safety, only use FCA-regulated brokers that accept FasaPay deposits. Trading firms licensed by the Financial Conduct Authority must abide by various safety and security standards, including providing compensation of up to £85,000 through the Financial Services Compensation Scheme if the broker defaults and offering negative balance protection.
Customer Support
If you experience an error when attempting to deposit trading funds at FasaPay brokers, contact the support team. The customer service desk is available via the following channels:
- Skype call
- Contact form
- Live chat on the website
- Email support@fasapay.com
- Social media accounts on Facebook and Twitter
- FAQ section on the payment provider’s website
Alternatively, you can contact your broker’s customer support team for an update on deposit or withdrawal requests.
Mobile App
FasaPay has launched a mobile app for Android but not yet for iOS devices.
To download the app on your Android device, there is a link to Google Play on the e-wallet’s website. If you are using an iPhone or iPad, you may be able to find an unofficial APK app from a third-party website online.
Pros Of FasaPay For UK Traders
- Multiple security measures
- Easy to set up an account and make payments to FasaPay brokers
- There is a decent list of UK brokers that accept FasaPay deposits
- Low-cost or free deposits and withdrawals
- Instant account funding
Cons Of FasaPay For UK Traders
- Withdrawn funds from brokers are transferred to your FasaPay account rather than back to your bank account
- Traders must submit private documents before they can deposit funds with the payment solution
- UK traders cannot hold funds in GBP
Bottomline On FasaPay Brokers
FasaPay offers a useful way of sending funds to and receiving withdrawals from your trading broker. It is an inexpensive online payment method that processes transactions quickly. It is also free and easy to open an account, making it an option worth considering. On the downside, it is not as widely accepted as alternative e-wallets, such as Neteller, Skrill, PayPal, plus prepaid Visa cards.
To make a deposit and start trading today, head to our ranking of the top FasaPay brokers.
FAQ
Can UK-Based Traders Use FasaPay To Fund Brokerage Accounts?
Yes, UK-based investors that are looking to deposit funds to online brokers can sign up with FasaPay. However, clients can only hold funds in USD or IDR so you will need to pay conversion fees from GBP to use the service.
Do All UK Brokers Accept FasaPay Deposits?
While there are some brokers that accept FasaPay deposits, there are many platforms that do not. For example, clients that want to deposit funds to the forex brokers XM or RoboForex will need to seek alternative methods such as Skrill or Neteller. Alternatively, see our list of the best FasaPay brokers to make a deposit today.
How Quickly Are Trading Deposits Using FasaPay Processed?
In general, FasaPay is a fast method with many brokers advertising immediate deposits, such as Alpari. On the other hand, withdrawals will take longer. For instance, Alpari says that customers must wait one working day while Axi says withdrawals typically take up to three working days.
Can I Trust FasaPay To Fund My Online Trading Account?
FasaPay is a legitimate and reliable online wallet and payment method with over 400 reputable merchant partners, including trading brokers. You can trust it to keep your account and funds secure through various protective measures, such as two-factor authentication and IP blacklisting.