Best Trustly Brokers 2024

Trustly Group AB is a Swedish fintech company, headquartered in Stockholm. Trustly simplifies payments by allowing users to pay without apps and card networks. Our review delves into a brief history of the payment provider and explores their pricing, security, speed and how it works. We weigh up the advantages and disadvantages of using the payment provider for forex trading. We also list the best brokers accepting Trustly deposits.

Trustly Brokers

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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. 76% of retail CFD accounts lose money.

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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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    OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It remains a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO.

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    Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

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    rating full is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.

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    Libertex is a well-known broker, established in 2012. The regulated brand has served numerous clients and is regulated by the Cyprus Securities and Exchange Commission with license number 164/12. Libertex offers CFD trading on 250+ underlying assets, including through an innovative and user-friendly proprietary web trader platform. Choose between CFDs on forex, cryptocurrencies, commodities, stocks, indices and ETFs, which are available with tight spreads and low commissions.

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    Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.

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    rating full offer CFDs on a range of markets with competitive spreads and zero commissions. The broker also offers the Investmate app, negative balance protection and leveraged trading.

What Is Trustly?

Trustly is a digital, account to account (A2A), payment service. As well as the Stockholm HQ, the company has offices in 10 locations across the globe, including in Europe, Australia and the Americas. The payment solution has reached 525 million consumers, servicing over 8,000 merchants.

Trustly was founded in 2008 by Lukas Gratte, Joel Jakobsson and Carl Wilson. The management team and board members can be viewed on the official website. Partners and investors include majority shareholder Nordic Capital, Blackrock, Neuberger Berman, the Investment Corporation of Dubai and RSIC.

Trustly deposits

Trustly has become a popular payment solution for trading in the UK. They work across a variety of corporate sectors and products, not just trading. Major global partnerships include PayPal, Alibaba, Facebook, eBay, TransferWise, eToro, Western Union, Worldpay, Dell, Draft King, Unicef, Norwegian, and more.

They promise to be a modern payment service, with low fees, fast payments and rapid refunds.


Trustly doesn’t charge any fees for its services. There are no funding or withdrawal limits, but banks may restrict how much can be paid immediately. Brokers and banks might also charge for deposits and withdrawals so check before making payments.

By providing a direct link from the merchant to the client’s bank account, admin costs are low for brokers. There are also no inactivity fees.


Trustly is connected to over 6,300 banks, offering instant deposit and withdrawal times in most cases. Some banks, however, have limits on how much money you can transfer instantly. There is no need to register an account, use your card or leave the broker’s website. This makes payments direct and bank transfer times quicker than at major competitors.

Note, how long it takes for brokers to process payments on their end varies. Speak to the customer support team for details.


Licensed and supervised by the Swedish Financial Supervisory Authority, our review was pleased to see Trustly Group AB adheres to strict regulations. Trustly holds a PSP license with the Payment Services Directive (PSD2) in the EU. They are also authorised and regulated by the FCA under the Temporary Permissions Regime.

Data isn’t held, as no account verification is needed to pay using the payment solution, and card information is never stored. High encryption standards are upheld and two-factor authentication is also leveraged. Terms and conditions, KYC and privacy policies, financial statements and annual reports are available on the official website. This, in addition to their esteemed global partners, inspires confidence that Trustly is a transparent, reputable and secure payment method.

Note, email your broker’s customer support team should you run into issues with transactions that have failed.

How To Make Trustly Deposits & Withdrawals

Trustly payments are simple and easy. The portal allows you to pay without leaving the broker’s website. There is no need to sign-up or login to an account. It is a debit-only provider which reduces consumer risk. This is arguably a more sustainable model than competitors such as Klarna, who work on credit-based systems.

  1. Deposit with your preferred broker and select Trustly in the checkout
  2. Select your bank and log in as you normally would
  3. Choose the account from which you want to make the payment
  4. Confirm your payment with your authentication method

Additional Features

Additional features include the Trustly Knowledge Hub, which offers news, blog posts and educational resources. Sustainability is also a key part of their business model, and they have committed to mitigating their impact on the climate. More details can be found on their website.

Trustly is a multi-currency payment provider and also one of the leading voices in open banking. Open banking connects third-party payment providers, such as Trustly, to banks through the use of APIs.

Pros Of Trading With Trustly

Reasons to open an account with one of our Trustly brokers include:

  • Competitive pricing
  • Open banking service
  • No account registration
  • FCA-regulated in the UK
  • Free revenue withdrawals
  • Instant deposits & fast withdrawals

Cons Of Trading With Trustly

Downsides of opting for brokers that accept Trustly deposits include:

  • Instant payment limits with some banks
  • Less popular outside of live trading & online casinos

Final Word On Trustly Brokers

Trustly is an ideal payment service for traders. Major corporate partnerships and strict UK regulations are reassuring signs that the transfer solution is a trustworthy, reputable payment option. It is fast becoming a high-ranking fintech company and a good option for a variety of eWallet services, especially forex trading deposits and withdrawals.


What Is Trustly?

Trustly is a payment service provider and a leading company in open banking. They offer a piece of software, which makes payments more convenient by connecting the merchant directly to the bank account. Trustly is available across a variety of financial services and products, including broker payments, online casino deposits, eCommerce and more. See the official website for a demo.

What Do I Need To Use Trustly?

To get started and set up with Trustly, you just need a private bank account. They work with instant bank transfers which take place via a payment window, without the need for a Trustly account. Note, processing times and fees vary between online brokers.

Is Trustly Legit?

Trustly is safe to use. Strict regulation with the Swedish Financial Supervisory Authority and a license with the UK’s FCA mean the group must adhere to strict legislation. As a result, we trust that they operate as a respectful business; thus, deposits and withdrawals are relatively safe.

Do Trustly Refund Deposits?

Trustly doesn’t hold funds but facilitates transactions between the merchant and bank accounts, meaning refund requests must be made via the broker with proof of payment.

How Can You Contact Trustly Customer Support?

Trustly can be contacted through the contact form on their website. Calls to the customer support team can be made to the UK telephone number on +44 20 3917 4826. The team can help should the payment portal go down or start not working. Transaction requests and investigations cannot be made via call, and a screenshot of the proof of transaction will be required. Links to their Twitter, Facebook, Instagram, YouTube and LinkedIn can be found on the Trustly website – The company’s headquarters address can also be found online.