Best Rapid Transfer Brokers 2025
Rapid Transfer by Skrill Ltd is an online payment system similar to Neteller. It is supported in 170+ countries including the UK, as well as by 3000+ banks like Lloyds. On a broker’s website, you may see the Rapid Transfer logo, meaning you can use the service to make a deposit or withdrawal. In this review, we run through what Rapid Transfer is, plus any fees and limits. We also explain the process for sending money to or from a live trading account. See our list of brokers that accept Rapid Transfer deposits and withdrawals to start trading today.
Rapid Transfer Brokers
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FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Nevis and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
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IC Markets 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 180,000 clients from over 200 countries.
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RoboForex is an online broker, established in 2009 and registered with the IFSC 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.
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InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to millions of clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs.
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eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 51% of retail CFD accounts lose money.
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RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.
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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 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.
What is Rapid Transfer?
Rapid Transfer is a payment system and banking service that was launched by Skrill Ltd in the UK and is now available in over 120 countries. Skrill operations are regulated by the Financial Conduct Authority (FCA). Skrill itself has been operating since 2001, and in 2015 it became part of the Paysafe Group which also acquired Neteller, another payment provider.
Importantly, Rapid Transfer is an online payment service. Users can complete transactions on the Skrill.com website or download the app to their mobile device. The application can be downloaded on iPhone (iOS) and Android (APK) devices for free. Tracking is also possible so users can view transactions and manage their account.
Note, there is no need to sign up to Rapid Transfer – simply enter your banking login credentials to begin.
The payment firm supports eight different currencies, including GBP, EUR and USD. If payment has failed or the service is not working, users can contact the customer support team. However, the response time varies according to reviews. Traders using the service can also earn reward points which can be redeemed for ultimate vouchers and bonuses.
Rapid Transfer can be used to send money to other users, pay for goods and services, and to fund online trading accounts. A selection of UK brokers accepts the payment method, including eToro which offers access to the forex market, as well as stocks and commodities.
Pricing
If you are using Rapid Transfer to fund your Skrill wallet, deposits in GBP will be charged at 1%. Rates for conversions from other currencies are typically 3.99%. At many UK brokers, deposits and withdrawals made using Rapid Transfer are free of charge. However, this can vary so check your chosen broker’s website or our reviews.
Equally, while Rapid Transfer does not have a payment limit, brokers may instil their own so confirm any thresholds before you start trading.
Speed
As the name suggests, Rapid Transfer is a fast payment solution. Most transfers to other users and businesses are processed instantly. Equally, deposits at UK brokers are normally processed right away, meaning you can start trading as soon as you make the payment.
Withdrawals, however, can take slightly longer, though this is usually limited on the broker’s end. Many platforms state that transfers are processed within 24 hours, but it can take several working days with some brokerages. eToro, for example, takes around 24 hours to process withdrawals. Following this, the funds should be available in your account.
Security
Rapid Transfer is a relatively safe and secure payment method. The parent company, Skrill, is licensed by the Financial Conduct Authority, the top regulator in the UK. Transactions and bank details are also encrypted meaning brokers and third parties cannot access sensitive information. Moreover, transactions are protected by VeriSign from Norton Secure.
How to Make Rapid Transfer Deposits & Withdrawals
If you want to use Rapid Transfer to make a deposit or withdrawal at a UK broker, follow this simple guide:
- Look for the brand’s logo on the broker’s website to confirm they accept the payment method
- Head to the funding section and choose deposit or withdrawal
- Select Rapid Transfer from the list of options
- Enter your bank account details and any required security codes
- Enter the amount you wish to transfer and hit confirm
Benefits of Rapid Transfer Brokers
- Encryption: All RapidTransfer.com transactions are encrypted, as are bank details. This ensures brokers and third parties cannot access personal data.
- Speedy: Deposits at most UK brokers are processed instantly so you can start trading right away. Withdrawals are also relatively quick compared to other popular methods.
- E-wallet links: Users can quickly and easily transfer funds to the e-wallets Skrill and Neteller.
- No sign-up: There is no need to complete a registration process. Users simply enter their banking login credentials in the payment gateway.
- Mobile app: There is a mobile app available as a free iOS and APK download for those who want to track their finances and transactions on the move.
Drawbacks of Rapid Transfer Brokers
- Limited support: According to reviews, the brand’s support is slow to respond to issues. Most people are directed to a live chatbot that has fixed replies to generic issues.
- Variable fees: Fees can vary depending on your location and the chosen currency unit. Additionally, some brokers may charge fees for deposits or withdrawals.
Bottom Line on Rapid Transfer Brokers
Rapid Transfer by Skrill is a popular payment system with traders. Transactions are fast and secure; though they may be slightly more expensive than competitors. The system is supported in over 120 countries and is accepted by a range of UK brokers. Overall, it is a quick and secure payment method. Use our list of trading brokers that accept Rapid Transfer deposits to get started.
FAQ
Where Can I Use Rapid Transfer?
Rapid Transfer is an international payment method that can be used in the UK and France among other countries. Skrill USA has also launched its own version of the service. Traders based in Africa can use Rapid Money Transfer by Ecobank to fund an account. It is also available in South Africa, Ghana and other African countries.
Is Rapid Transfer Safe?
Yes – the company is a fairly secure payment method. Transactions and details are encrypted ensuring brokers and third parties cannot access sensitive information.
Does Rapid Transfer Accept GBP Currency Unit?
Yes – the firm does accept GBP transactions. In total, the brand accepts eight different currencies that also include EUR and USD.
Who Owns Rapid Transfer?
Rapid Transfer was developed by Skrill Ltd. They are both owned by the Paysafe Group, which also owns the popular e-wallet Neteller, one of Skrill’s competitors.
What Is Rapid Transfer?
Rapid Transfer is an online payment provider launched by Skrill. It allows users to make transfers to online brokers without needing to complete a registration process.