Best Maestro Brokers 2025

Maestro is a popular payment method allowing investors to transfer money and make online transactions, including deposits and withdrawals with UK trading brokers. Issued by Mastercard, the brand has become one of the most commonly used payment solutions, offering British investors a fast, safe and low-cost means of funding trades.

This guide will explain how it works as a payment method for trading while unpacking the fees Maestro brokers charge. We also list the best UK brokers that accept Maestro deposits in 2025.

Maestro Brokers

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    Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.

    Instruments Regulator Platforms
    CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30
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    Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Founded in 1983, City Index is a prestigious broker, now under the Nasdaq-listed StoneX Group. It excels in forex, CFDs, and spread betting. With access to over 13,500 instruments, City Index provides a dynamic Web Trader platform, exceptional educational materials, and round-the-clock support five days a week, ensuring a thorough trading experience.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting FCA, ASIC, CySEC, MAS Web Trader, MT4, TradingView, TradingCentral
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30
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    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
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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 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
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    Founded in 2016, AZAforex operates as an offshore broker enabling trading across more than 235 international financial markets. Traders can engage through binary options, with potential payouts reaching 90%. The broker offers three distinct accounts—Start, Pro, and VIP—each with exclusive features. All account types grant access to the Mobius Trader 7 platform, which has received performance enhancements over time.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options GLOFSA Mobius Trader 7
    Min. Deposit Min. Trade Leverage
    $1 0.0001 Lots 1:1000
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    FXTM, founded in 2011, is a forex and CFD broker operating worldwide. Regulated by top authorities such as the FCA, it provides a secure trading environment. With over 1,000 markets and three account types, FXTM accommodates traders of all experience levels.

    Instruments Regulator Platforms
    CFDs, Forex, Commodities, Indices, Stocks, Crypto FCA, FSC, CMA FXTM Trader, MT4, MT5
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:30

Safety Comparison

Compare how safe the Best Maestro Brokers 2025 are and what features they offer to protect traders.

Safety Comparison
Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
XTB 4.6
FXPro 4.4
City Index 4.2
Pocket Option 2
Axi 3.8
AZAforex 2.5
FXTM 4

Payments Comparison

Compare which popular payment methods the Best Maestro Brokers 2025 support and whether they have trading accounts denominated in British Pounds (GBP).

Payments Comparison
Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay
XTB
FXPro
City Index
Pocket Option
Axi
AZAforex
FXTM

Mobile Trading Comparison

How good are the Best Maestro Brokers 2025 at mobile trading using apps or other mobile interfaces.

Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
XTB iOS & Android 4.7 4.1
FXPro iOS & Android 4.7 4.3
City Index iOS & Android 3.8 3.1
Pocket Option iOS & Android 4 4.2
Axi iOS & Android 3.6 4.2
AZAforex iOS & Android 5 2.9
FXTM iOS & Android 4.8 4.4

Beginners Comparison

Are the Best Maestro Brokers 2025 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Beginners Comparison
Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
XTB $0 0.01 Lots 4.3 3.8
FXPro $100 0.01 Lots 4 4
City Index $0 0.01 Lots 4 4.3
Pocket Option $50 $1 3.3 3.5
Axi $0 0.01 Lots 3.8 3.8
AZAforex $1 0.0001 Lots 3.3 2.5
FXTM $200 0.01 Lots 3.3 3.8

Advanced Trading Comparison

Do the Best Maestro Brokers 2025 offer features that allow for more advanced trading strategies?

Advanced Trading Comparison
Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
XTB Open API 1:30
FXPro Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:30 (Retail), 1:500 (Pro)
City Index Expert Advisors (EAs) on MetaTrader 1:30
Pocket Option -
Axi Expert Advisors (EAs) on MetaTrader, Myfxbook 1:30
AZAforex - 1:1000
FXTM Expert Advisors (EAs) on MetaTrader 1:30

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Best Maestro Brokers 2025.

Detailed Rating Comparison
Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
XTB 4.6 4 4.4 4 4.3 4 4.3 4.1 3.8
FXPro 4.4 4.3 4.5 4 4 3.8 4 4 4
City Index 4.2 4 3.5 4.5 3.8 3.8 4 4.3 4.3
Pocket Option 2 3.3 4.1 2.5 3.5 3.5 3.3 3 3.5
Axi 3.8 3.5 3.9 3 3.8 3.5 3.8 3.5 3.8
AZAforex 2.5 2.3 4 2.8 2.5 3.5 3.3 2.5 2.5
FXTM 4 3 4.6 3.5 3.5 3.8 3.3 3.8 3.8

Our Take On XTB

"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."

Pros

  • XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.
  • XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.
  • XTB has raised its interest rate on uninvested funds and introduced zero-fee ISAs for UK clients, offering access to 3,000 stocks and 700 ETFs for diverse investment opportunities.

Cons

  • The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
  • It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
  • The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.

Our Take On FXPro

"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."

Pros

  • FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
  • FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
  • FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.

Cons

  • There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
  • FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
  • FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.

Our Take On City Index

"City Index suits active traders perfectly, offering rapid execution speeds averaging 20ms and a customisable web platform with over 90 technical indicators. Its educational resources are exceptional. For UK traders interested in spread betting on 8,500+ instruments tax-free, City Index is an excellent option."

Pros

  • City Index has significantly improved the trading experience. In 2024, they introduced Performance Analytics, providing insights into trades and discipline. The revamped mobile app now includes integrated market research and swipe-access news.
  • City Index is under the regulation of leading authorities, such as the FCA in the UK, ASIC in Australia, and MAS in Singapore. Its parent company, StoneX Group Inc., is publicly listed, which enhances its credibility.
  • City Index offers access to over 13,500 markets, including forex, indices, shares, commodities, bonds, ETFs, and interest rates. The platform's inclusion of niche markets such as interest rates provides traders with unique opportunities not commonly available on other platforms.

Cons

  • Although many brokers, such as eToro, have broadened their crypto offerings, City Index restricts its clients to crypto CFDs. This limited selection may not meet the needs of traders seeking a wider variety of altcoins.
  • City Index does not offer an Islamic account with swap-free conditions, making it less attractive to Muslim traders than brokers such as Eightcap and Pepperstone.
  • Unlike brokers like AvaTrade and BlackBull, City Index lacks options for passive trading, such as social copy trading or real ownership of stocks and ETFs. This limitation may reduce its appeal to traders seeking a more hands-off approach.

Our Take On Pocket Option

"Pocket Option stands out with its intuitive web platform, delivering an excellent user experience for short-term binary traders. A $50 minimum deposit makes it accessible for beginners, and account setup is straightforward. However, its market offerings and regulatory credentials lag behind competitors."

Pros

  • The web platform excels in its simple design and ease of use, attracting novice traders interested in speculating on leading markets with minimal effort.
  • The variety of payment options surpasses most competitors, offering traders in numerous countries swift, secure, and convenient deposit processes.
  • Traders with a deposit of over $1,000 may receive a 2% or higher payout increase, access to more assets, and enjoy exclusive benefits.

Cons

  • Pocket Option presents a streamlined version of MT4 and MT5, lacking the comprehensive charting tools that experienced traders seek.
  • The MISA provides limited oversight and inadequate investor protection for retail traders.
  • To gain access to over 250 assets, a deposit of $1000 is required. Without this deposit, traders will only have access to a selection of 130 assets.

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."

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.
  • Experienced traders are invited to join the Axi Select funded trader programme via the broker's international branch. This scheme offers up to $1 million in capital with the benefit of a 90% profit share.
  • 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

  • Although Axi delivers excellent performance, its support is not available 24/7. This unavailability can be inconvenient for traders operating in different time zones or requiring help beyond regular trading hours.
  • 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.
  • Axi retains our confidence. However, recent issues with ASIC and FMA require it to maintain a secure environment and comply with licensing standards.

Our Take On AZAforex

"AZAforex appeals to traders aiming for high-stakes speculation in global markets via binary options and those seeking substantial leverage up to 1:1000, despite limited regulatory protection."

Pros

  • AZAforex offers an expanding range of payment options, such as bank transfers, credit and debit cards, e-wallets, and cryptocurrencies. This flexibility supports both funding and withdrawals, catering to traders of varying preferences and locations.
  • AZAforex offers up to 1:1000 leverage, enabling traders to achieve higher potential returns with less capital. However, this increased leverage involves significant risk, making it appealing primarily to seasoned traders pursuing aggressive growth strategies.
  • While not many brokers include binary options in their offerings, AZAforex provides this service. This allows traders to predict short-term price changes with a predetermined risk-to-reward ratio, potentially earning up to 90%.

Cons

  • AZAforex remains unregulated by any recognised financial authority, sparking concerns about transparency, fund security, and accountability. In cases of dispute, you might lack any recourse, making it a riskier option compared to regulated brokers.
  • During testing, the proprietary Mobius Trader 7 platform functioned well. However, it is not broadly adopted by brokers, posing risks of price manipulation or market data discrepancies. Unlike MetaTrader or cTrader, it lacks external verification.
  • AZAforex provides simple trading guides and a blog but misses out on key educational resources like video tutorials, webinars, and interactive tools. Beginners seeking thorough learning support may find it unappealing. Furthermore, much of the content is outdated.

Our Take On FXTM

"FXTM caters to seasoned traders, offering accounts tailored for short-term strategies. It won DayTrading.com's 'Best ECN Account' award. Experience tight, reduced spreads and benefit from VPS support for algorithmic trading."

Pros

  • FXTM’s UK division provides exceptional client safeguards, including top-tier coverage of up to $1 million per client and segregated accounts, reinforcing security for traders with substantial balances.
  • FXTM stands out as a leading MetaTrader brokerage, offering custom MT4 tools like a Pivot Point Indicator, Pip Value Calculator, and Spread Indicator for more accurate trading.
  • FXTM offers an impressive selection of payment options, with a focus on local solutions in Africa and Asia such as M-Pesa and TC Pay Wallet. E-wallet withdrawals are processed rapidly, often within 30 minutes, accommodating traders needing swift fund access.

Cons

  • FXTM Invest, a user-friendly copy trading app, offered comprehensive performance statistics and risk assessments for Strategy Managers. However, it was discontinued in 2024, restricting passive traders' options.
  • FXTM provides only MetaTrader 4/5 for desktop trading, lacking a bespoke platform such as eToro's for a tailored experience. MetaTrader 4/5 is becoming outdated for active traders.
  • FXTM specialises in CFDs and a select range of stocks but does not offer ETFs, options, or futures. This may restrict diversification for traders aiming to explore various market opportunities.

How Maestro Works

Maestro is a brand of debit card issued by Mastercard that can be used for payments in-store, at ATMs and online. The card was launched by Mastercard in 1991 as the first ever point-of-sale debit card that could be used anywhere in the world using an online network.

Now, Maestro is one of the best-known payment card brands in the world with more than 600 million cards in circulation and accepted at around 15 million point-of-sale outlets, most of them in Europe.

Maestro and Mastercards work largely in the same way, the key difference being that while Mastercards can be issued as debit, credit, and prepaid cards, Maestro is only available as a debit card. Maestros are issued by associated banks, so your card is linked with your bank account and is accepted by retailers across the globe, including trading brokers.

Maestro is primarily a popular payment method for global traders because it is easy to use, fast and secure, making it a convenient way to deposit funds. Brokers that accept Maestro are based both in the UK and abroad, owing to its ease of use and fast transaction times.

UK brokers that accept Maestro

Trading Times

The funding method allows for instant deposits at most Maestro brokers, a feature that many traders consider a necessity. This means investors can deposit money into their online accounts and begin trading within minutes.

However, you should ensure that the broker you choose facilitates instant deposits and withdrawals before opening a live account. While Maestro offers fast transactions, that doesn’t always mean the broker does. Deposits and withdrawals can take anywhere between 1 and 5 working days to process.

Because Maestro cards are not independently issued but distributed through your bank, withdrawal and deposit times can also vary depending on the bank that you are with.

Payment Fees

UK brokers that accept Maestro normally offer fee-free deposits. This means that transaction fees tend to be lower than other payment methods, such as wire transfers and some crypto solutions.

With that said, some Maestro brokers may charge at the withdrawal stage. This is normally a fixed fee per withdrawal or a percentage of the payment amount. Investors can sometimes get around this if the trading platform offers a number of free withdrawals a month or free payments if the transfer is above a certain amount, for example, £200.

The other key charge that may be incurred when using Maestro is currency conversion fees, which occur when you are trading in a currency that differs from the base currency of your card. Fortunately, most brokers that accept Maestro list their accepted account currencies on their website, and Pound Sterling is normally offered.

Security

Maestro cards are financially regulated across the globe, making this one of the most secure payment methods available to online traders.

The company offers a range of security features to protect users online, including end-to-end encryption for every transaction between cardholders and licensed trading brokers. As this keeps all payment information protected against identity theft and fraud, traders are not at risk when entering their details into their broker’s site. In addition to this, the firm uses a bug bounty programme and three-factor authentication when you enter your details into your brokerage account.

Importantly, traders should choose well-regulated brokers that accept Maestro deposits to benefit from the full range of security features.

The safest way to trade in the UK is to sign up with Maestro brokers that are regulated by the Financial Conduct Authority (FCA), the country’s main financial regulator. If a brokerage is registered with the FCA it must comply with rules that give traders a fair investing experience and transparency on all levels.

This is the best way to ensure that your trading funds are relatively safe.

All Maestro broker transactions should also be confirmed by email after they take place. This can make it easier to block fraudulent activity on your card.

Pros Of Maestro For Traders

Trading with brokers that accept Maestro deposits offers several benefits:

Wide Availability

Maestro cards are issued in 93 countries, which makes it an easy choice for brokers to offer. Because the card is available all over the world, many UK brokers accept Maestro payments, including XTB.

Fast Transactions

Using your Maestro card for depositing and withdrawing funds to and from your trading account enables you to gain access to your money almost instantly. The majority of brokers support fast transactions using Maestro, so it’s a good option for traders looking to make quick trades or withdraw money quickly.

Maestro also has the option of a digital wallet that can be linked to a debit card.

Security

Maestro is one of the most secure and reliable payment methods for online trading. The service itself is fully regulated and promises complete transparency and a relatively safe financial environment for online investing.

With end-to-end encryption and 3-step authentication on every transaction, traders can invest knowing their funds and personal information are protected.

Currency Support

Maestros support all major currencies and a variety of emerging currencies which makes it ideal for traders across the globe. However, to avoid fees, it is best to trade in the same currency as your bank and broker’s base currency. Thankfully, many UK banks and brokers that accept Maestro offer payments in Great British Pound (GBP) as standard.

Cons Of Maestro For Traders

As with any payment method, there are some drawbacks that traders should be aware of:

Limited Online Use

The majority of Maestro cards can be used for online payments such as trading, but not all of them. Whether your Maestro card can be used for web transactions or not depends on the associated bank, so check this before you begin looking for brokers that accept Maestro deposits.

Some brokers also do not accept pre-paid cards or debit cards for trading because it does not always allow them to verify the origins of the funds, so this is something to check.

Currency Conversion Fees

Traders should be aware of fees that come from using Maestro cards. While it will be free to make deposits in most cases and with the majority of Maestro brokers, currency conversion fees can pose an issue.

The rate for foreign currency exchange can be as high as 12% on Maestro cards, which can significantly eat into profits. This is a particular issue if you are a UK investor trading forex, as our reviews some Maestro brokers only offer US dollar amounts.

Daily Limits

Maestro sets daily limits on card use. This may impact trading if it is your only deposit method and you are active in the financial markets. Ensure that the limit is high enough for your trading needs before getting started.

Note, some UK brokers that accept Maestro also have their own payment limits, though these are usually in the thousands. Contact the broker’s customer services team via email address or live chat if you cannot find details on transfer limits.

Regional Restrictions

Maestro is a widely used payment method across the globe, but it is restricted in some regions. Cards carrying the famous logo can be used in 93 countries, but this still leaves a large portion of the world where this payment method cannot be used.

The cards can be used in the UK, USA, and Europe, but outside of these zones traders will need to check the broker supports the payment solution.

No Credit Option

UK traders are somewhat restricted by the fact that Maestros only come in the form of debit cards, not credit cards. This means that investors can only deposit funds that they have, and cannot borrow money to trade with, so the amount you are able to deposit may need to be smaller when trading with Maestro.

How To Make Maestro Deposits & Withdrawals

Follow the tips below to fund your online trading account using Maestro.

Deposits

Most Maestro brokers will have a minimum deposit amount which must be met before you can trade, and this differs between trading platforms. If you are not looking to begin with a high deposit, many of the top regulated UK brokers that accept Maestro, require small amounts as low as £10, while others like CMC Markets, have no minimum deposit at all.

Once you have selected a brokerage, head to the “finance” or similar portal, select Maestro from the list of deposit options and follow the on-screen instructions. You will usually have to enter your card number, name, expiry date and CVC code (found on the back).

Withdrawals

Making withdrawals to a Maestro card is a simple process that will normally involve accessing the “finance” or “cashier” tab on your trading broker’s website and entering the amount you wish to withdraw and your preferred method.

Some trading brokers that accept Maestro require a longer period to process withdrawals than deposits, but generally, this should not take longer than a few days.

Note, some Maestro brokers only allow withdrawals up to the same amount that was deposited with the payment method in question. This means that you will only be able to withdraw onto your card the funds that you deposited using Maestro. Keep this in mind when considering how you would like to withdraw any trading profits.

Final Word On Maestro Brokers

Maestro is a reputable and reliable digital payment service that integrates seamlessly into online trading. Depositing and withdrawing money between your trading account and bank account is fast, easy and secure, keeping trader information encrypted and funds safe.

UK traders should ensure that their platform is FCA regulated before opening an account to benefit from protection against fraud, but this is usually not an issue as most licensed brokers accept Maestro deposits and withdrawals.

See our list of the best Maestro brokers to start trading.

FAQ

How Do You Make Deposits To A Trading Account Using Maestro?

Since Maestro cards are not issued independently but through financial institutions, you must sign up for one through a participating bank. As long as you have the relevant documentation to open a bank account, such as a valid form of ID and proof of address, then you will be able to obtain a card. Once you have your card and account details, navigate through the broker’s site to their account funding page, and select ‘Maestro’ or ‘debit card’ as your chosen payment method. From here you can enter your card details and process the payment to fund your trading account.

Is Maestro Safe For Online Trading?

Maestro is one of the safest means of depositing and withdrawing money to and from online trading accounts, due to the high-security features that it offers. This includes multi-factor authentication, high-tech encryption protocols, plus anti-fraud measures.

Is It Free To Deposit Money Into My Trading Account With Maestro?

At many Maestro brokers, there are no fees for withdrawing and depositing money using debit cards. With that said, some platforms charge for withdrawals and you may also have to pay a conversion fee if the broker is based abroad.

Which Trading Brokers Accept Deposits With Maestro?

Maestro is one of the most widely supported deposit methods offered by online brokers, so finding a platform that supports the payment solution is straightforward. Simply navigate to the ‘payments’ section of the broker’s website and look for the Maestro logo. Alternatively, we have ranked the top UK brokers that accept Maestro deposits.