FasaPay is an e-wallet that investors can use to transfer funds between their bank account and a trading broker. As a low-cost payment method, FasaPay has been a popular deposit option with some 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’ve spoken to FasaPay brokers that have indicated FasaPay is experiencing severe operational issues in 2026, including not providing access to funds or communicating sufficiently. As a result, we recommend UK investors consider alternative payment solutions to safeguard their trading capital.
FasaPay Brokers
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Our picks at a glance
- 1 Eightcap Top score: Mobile 4.6 Info Visit Eightcap
- 2 Vantage Top score: Trust 4.7 Info Visit Vantage
- 3 Tickmill Top score: Trust 4.0 Info Visit Tickmill
- 4 Axi Top score: Mobile 3.7 Info Visit Axi
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Our top pick
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
- CFDs in Forex, Stocks, Indices, Commodities
- Regulator
- FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms
- MT4, MT5, TradingView, TradeLocker
- Min. Deposit
- £100
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30 (Retail), 1:200 (Pro)
Services are provided subject to applicable laws and regulations. Certain products, services, instruments, platforms or payment methods may not be available to residents of certain jurisdictions.
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Founded in 2009, Vantage provides access to over 1,000 short-term CFD products for millions of clients. Trade Forex CFDs from 0.0 pips via RAW accounts on TradingView, MT4 or MT5. FCA-regulated, Vantage segregates client funds and offers social trading tools for copy traders.
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting
- Regulator
- FCA, ASIC, FSCA, VFSC, CIMA
- Platforms
- ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade
- Min. Deposit
- $50
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30
72.65% of accounts lose money when trading CFDs with this provider.
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Tickmill is a worldwide broker regulated by respected authorities like CySEC and FCA. It has attracted hundreds of thousands of traders, executing over 530 million trades. Its edge lies in sophisticated tools, informative resources, and competitive fees.
- Instruments
- Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds
- Regulator
- FCA, CySEC, FSA, DFSA, FSCA
- Platforms
- Tickmill Webtrader, MT4, MT5, TradingView
- Min. Deposit
- $100
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30
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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
- CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- FCA, ASIC, FMA, DFSA, FSC
- Platforms
- Axi Copy Trading, MT4, AutoChartist
- Min. Deposit
- $0
- Min. Trade
- 0.01 Lots
- Leverage
- 1:30
72.4% of retail investor accounts lose money when trading CFDs with this provider
Compare
Safety Comparison
Compare how safe the Best FasaPay Brokers 2026 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
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4.3 | ||||
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4.6 | ||||
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4.3 | ||||
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3.8 |
Payments Comparison
Compare which popular payment methods the Best FasaPay Brokers 2026 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
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Mobile Trading Comparison
How good are the Best FasaPay Brokers 2026 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
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iOS & Android | 4.8 | 4.4 | |
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iOS & Android | 3.6 | 3.9 | |
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iOS & Android | 4.9 | 3.4 | |
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iOS & Android | 3.6 | 4.2 |
Beginners Comparison
Are the Best FasaPay Brokers 2026 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
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£100 | 0.01 Lots | 4.0 | 3.5 | |
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$50 | 0.01 Lots | 4.4 | 4.0 | |
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$100 | 0.01 Lots | 4.0 | 4.3 | |
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$0 | 0.01 Lots | 3.8 | 3.8 |
Advanced Trading Comparison
Do the Best FasaPay Brokers 2026 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
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TradingView Bots | 1:30 (Retail), 1:200 (Pro) | |||||
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Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | 1:30 | |||||
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Expert Advisors (EAs) on MetaTrader | 1:30 | |||||
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Expert Advisors (EAs) on MetaTrader, Myfxbook | 1:30 |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best FasaPay Brokers 2026.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
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4.3 | 4.3 | 4.6 | 3.6 | 3.8 | 4.0 | 4.0 | 3.5 | 3.5 |
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4.6 | 4.3 | 3.8 | 4.5 | 4.4 | 4.5 | 4.4 | 4.0 | 4.0 |
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4.3 | 4.0 | 4.2 | 3.8 | 4.0 | 3.5 | 4.0 | 4.3 | 4.3 |
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3.8 | 3.7 | 3.9 | 3.0 | 3.8 | 3.5 | 3.8 | 3.5 | 3.8 |
Our Take On Eightcap
Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively.
William Berg Reviewer
Pros
- Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
- In 2026, Eightcap integrated TradeLocker in select areas, establishing itself as the premier regulated broker for this platform. It continues to offer ultra-fast execution and competitive fees for active traders using the charting software.
- Eightcap has launched GOLD247, offering 24/7 gold/USD CFD trading with up to 1:20 leverage, 0.01-lot minimums and zero commission for weekend gold traders.
Cons
- Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
- Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
- The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
71.28% of retail traders lose money when trading CFDs
Our Take On Vantage
Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast.
Tobias Robinson Reviewer
Pros
- Vantage upholds a high trust score through its solid reputation, backed by premier regulation from the FCA and ASIC.
- In 2026, the app was enhanced to provide comprehensive asset visibility, consolidating balances from Contract, Copy, and Funding accounts onto a single screen.
- Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
Cons
- It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
- To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
- Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
72.65% of accounts lose money when trading CFDs with this provider.
Our Take On Tickmill
Tickmill stands out for traders, particularly with the Raw account, offering nearly no pip spreads and exceptionally swift order execution.
Tobias Robinson Reviewer
Pros
- With the Raw Spread account, spreads are remarkably tight, occasionally reaching zero pips, complemented by a clear per-trade commission. This arrangement minimises trading costs, offering a crucial benefit for frequent trades and eliminating hidden fees that erode profits.
- Drawing from our trading experience, Tickmill consistently executes orders rapidly—averaging around 59 milliseconds—with minimal slippage or requotes. This reliability ensures traders can trust their entry and exit prices without delay, safeguarding against potential costs in fast markets.
- Tickmill holds licences from regulators such as the FCA and CySEC, ensuring tangible advantages. Client funds are segregated in secure accounts, and negative balance protection is in place. This guarantees you won't owe more than your deposit, offering reassurance during market fluctuations.
Cons
- Tickmill targets forex pairs, select stock CFDs, indices, and limited commodities. If you prefer trading across diverse asset classes like cryptocurrencies or a wider array of stocks, options here are restricted versus brokers offering thousands of instruments.
- If you prefer cTrader's interface and advanced order options, you won't find them here. Tickmill utilises MetaTrader 4 and 5, TradingView, and its own platform but lacks cTrader. This may hinder those who depend on cTrader's features or tools like cTrader Copy.
Our Take On Axi
Axi excels for forex trading on MetaTrader 4 with over 70 currency pairs, MT4 NextGen features, and tight spreads starting at 0.2 pips on the Pro account.
Tobias Robinson Reviewer
Pros
- Axi provides an excellent MT4 experience, enhanced by the NextGen plug-in for sophisticated order management and analytics, with low execution latency around 30ms.
- In 2026, Axi launched an AI trading tool that lets MT5 users manage accounts and set up trades through Claude, advancing agentic trading.
- Axi Academy offers a wealth of educational resources, from free eBooks and video tutorials to interactive quizzes. These are particularly beneficial for novice traders.
Cons
- Axi lags by solely providing MT4, while competitors have upgraded to MT5, cTrader, TradingView, and bespoke platforms, delivering a smoother user experience with enhanced tools.
- Even with the expansion of stock CFDs in the US, UK, and EU markets, its range still falls short compared to companies like BlackBull, which provide thousands of equities for varied trading opportunities.
- Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards.
72.4% of retail investor accounts lose money when trading CFDs with this provider
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.
You can expect withdrawals to take longer. Withdrawals at Axi, for instance, take between one and three business days.
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.
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.
FAQs
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. See our toplist of best brokers with FasaPay to find the right platform for you.
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.