Why Should I Use ecoPayz in Forex Brokers?
It can be tricky deciding which deposit and withdrawal methods to use when working with Forex brokers; after all, many brokers accept a large number of payment options. One of our favourite methods is ecoPayz – not only is it safe, secure, and an online financial service, but we can also offer the best signup conditions. By using our signup link, you can unlock Gold status immediately, get easier VIP requirements, earn speedier verification, and even get cashback if you’re a high roller.
So, which Forex brokers can you pay with ecoPayz? Read on to find out.
Forex Brokers That Accept ecoPayz
You can choose one of these “ecoPayz brokers” — we have collected all the necessary information about them, including their key features and advantages, so that it is easier for you to make a decision.
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: You can create a virtual portfolio to practice. There is also social trading, copy trading, stop-loss, trailing stops, take profit orders, and plenty of analysis tools available. You can also access the platform on most mobile devices.
Pros:
- commission-free accounts are available
- negative balance protection
Cons:
- not regulated under the FCA
- no fixed spread accounts
Platforms: MT4, PAMM, Platinum API
Minimum Deposit: $100
Maximum Leverage: 1:1000
License: CySEC, MiFID, VFSC, FSCA
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: MT4 is FXORO’s chosen platform, and users have access to that platform’s extensive tools. Plus, FXORO is offering a few extra of its own – such as a calendar, a signal tool, and a table of live rates. Trading instruments include CFDs, crypto, forex, indices, and commodities.
Pros:
- extremely advanced trading technologies
- full margin usage
Cons:
- spreads are higher than other brokers
Platforms: MT4
Minimum Deposit: $250
Maximum Leverage: 1:400
License: CySEC, FCA, MiFID
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: Users have plenty of choices: you can trade on MT4, MT5, R Trader, RoboMarkets Terminal, or the CopyFX social trading option. Over 200,000 accounts have been opened with this broker.
Pros:
- round-the-clock customer support in several languages
- 5 account types to choose from
- access to over 12,000 financial instruments
Cons:
- the huge number of instruments and terminals may be overwhelming to new traders
Platforms: Webtrader, MT4, MT5
Minimum Deposit: $100
Maximum Leverage: 1:500
License: CySEC
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: Beginner traders can use Roboforex’s demo account to familiarize themselves with the platform. There are 32 forex pairs offered with this broker, as well as plenty of educational videos and analysis tools.
Pros:
- low minimum deposit
- 24/7 customer service
- over 12,000 markets are available to trade on.
Cons:
- not regulated by the FCA
Platforms: MT4, MT5, cTrader
Minimum Deposit: $10
Maximum Leverage: 1:2000
License: IFSC
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: GTCM offers trading features like a personal account manager, pop up alerts, one-click trading, a free ebook, and complimentary training materials.
Pros:
- sufficient number of trading platforms and assets available
- great customer service
Cons:
- not beginner-friendly
- no bonuses
Platforms: WebPROfit
Minimum Deposit: 200 USD
Maximum Leverage: For retail clients, the maximum leverage is set to 1:30. For professional accounts, it is set to 1:200.
License: CySEC, FSCA
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: FXGM offers access to SMS services, Autochartist, Traders Trend, and more trader tools. It is possible to create a commission-free retail account or a professional account. FXGM protects your first ten trades, which gives you zero risk on them
Pros:
- plenty of supported customer service language
- good educational materials (videos and webinars are included)
Cons:
- no demo account
- no MetaTrader platform
Platforms: WebPROfit
Minimum Deposit: $200
Maximum Leverage: 1:200
License: CySEC, FSCA
- Rating
- Safety of funds
- Payment options
- Spreads
- Tradable instruments
Key Features: Suitable for beginners and experienced traders. There is a built-in academy full of lessons and tutorials. Over 130 trading instruments are available, including 42 forex pairs.
Pros:
- several account types
- many forex pairs are available
Cons:
- MT4 is not available.
Platforms: WebPROfit
Minimum Deposit: $200
Maximum Leverage: 1:30 (or 1:200 for special cases)
License: Hellenic Capital Market Commission
FAQ
Q: How do you make ecoPayz Forex deposits to a broker?
Each broker may have slightly different deposit processes, but the general steps will be similar. Head to your broker’s menu and click on the “Deposits” option.
Note: this may be located under another heading, such as “My Money.”
When you are on the Deposits page, you will choose your desired method – in this case, it would be ecoPayz. Log into your ecoPayz account and input how much money you would like to deposit. Finally, complete the transaction.
Q: How do you withdraw money from an ecoPayz Forex broker?
This will be a similar method to making ecoPayz deposits; but rather than navigating to the “Deposits” section, you would go to “Withdrawals.” Just with depositing money, you will provide your ecoPayz account details and input the amount of money you wish to withdraw from your account. Finally, complete the transaction.
Q: Are there any alternatives to using ecoPayz for broker Forex services?
Yes; most Forex brokers will accept other online services – Skrill and Neteller are some of the most widely accepted payment methods. For more information on these services, check out our Neteller and Skrill reviews.
THX Baxity for best signup condition to ecoPayz! Gold status was unlocked fast. Made accounts with FXPRIMUS and FXORO to test them. For now, I like FXORO a bits more but its still early. I no like that FXPRIMUS is not regulated by the FCA…
Rafi, thank you for your feedback! We are glad that you are satisfied with our service and our broker recommendations in the article. Have a profitable trade 🙂
I wouldn’t use Fortission. I don’t trust them and have heard a few bad things about them. Also, there’s no MT4. FXPRIMUS is much safer and it’s nice they have a virtual portfolio to practice when you’re just starting. And if you signup with ecoPayz via Baxity there’s Gold status awaiting 😉 plus other nice benefits.
Nathan, we are really glad that our article helped you in choosing a broker for work. Thank you for choosing our service!
I have peen using the RoboMarkets with ecoPayz. They do a great jop but if you’re a peginner you will feel really overwhelmed. I feel that way on my first 2 weeks using this service. Ther support isn’t bad, but I saw better. Though I know I have bothered them a LOT in the peginning.
Mohammed, thank you for honest review! We hope that now you are already more relaxed in actions and use all the possibilities of both ecoPayz and RoboMarkets.
from what I can say ecoPayz is better than Skrill? not expert on it and thats why Im asking. want to take best option.
Ahnag, thank you for your interest! We can’t say that ecoPayz is better than Skrill or vice versa. These are two different payment systems that offer different terms fo their users. If we are talking about Forex brokers, Skrill is more popular payment method among brokers online rather than ecoPayz, but it doesn’t mean that ecoPayz is a bad solution. You can read our reviews and choose the option that meets your needs most of all.
let me cut in , in my thoughts ecoPayz is better, I did read reviews on trustpilot, peopl describe skrill not very good option.
Trevor927, thanks for your thoughts! Indeed, recently many users have begun to lean towards ecoPayz in their choice of a payment system. But it all depends on the merchant you work with, since Skrill is more represented in various casinos, poker rooms, etc. than ecoPayz.
In my opinion, ecoPayz is better than both Skrill and Neteller. I have used all 3 of them. ecoPayz was the best, but there is only very few amount of Forex brokers that accept ecoPayz. To my mind it’s a real mistake. That’s why I can’t use it on the platforms I usually purchase crypto on. I had almost no issues using ecoPayz, which is more than I can say for Neteller and Skrill. Skrill didn’t work so well for me so I can’t recommend that one. I have never had any issues with verification or any transaction I made within ecoPayz.
Jamie, thank you for such a meaningful feedback on the work of payment systems! We appreciate the review of each client!