FasaPay Is An E-wallet And Online Money Transfer Service Based In Singapore And Malaysia. This Payment Service Therefore Has A Strong Regional Focus On South East Asia, While It Is Less Known In Other Parts Of The World.
Despite Its Regional Focus, There Are Many Forex Brokers From All Around The World That Accept Payments Made With FasaPay. This Is Particularly True For Many Of The Smaller, Offshore-based Forex Brokers, Although Some Of The Larger Forex Brokers Have Also Chosen To Accept This Payment Method. As With Other E-wallet Services, The Main Benefit Of Using FasaPay To Fund A Forex Trading Account Is That The Transfer Happens Almost Instantaneously.
The Best FasaPay Forex Brokers in 2022 List
Here’s a list and short descriptions of our best Neteller forex brokers according to our research.
- IC Markets – Best Overall For Metatrader
- FXTM – Highest Leverage SA FX Trading Account
- XM – Excellent Trading Tools For Metatrader
- FP Markets – Full Metatrader Suite, Competitive Pricing
- FBS – Metatrader Suite, Average Pricing
- OctaFx – Lowest Fixed Spread Forex Broker
- EasyMarkets – Good Forex Broker With ZAR Account
- TMGM – Top Trading Spreads.
- BlackBull Markets – Good No Commission Forex Broker Account
- Pepperstone – Metatrader Suite With Add-Ons
1. IC Markets - Best Overall For Metatrader
IC Markets Ranks As One Of The Largest Forex CFD Providers Globally By Daily Trade Volume Thanks To Over $15 Billion In Foreign Exchange Turnover Via Over 500,000 Orders Executed Daily. Regulated By The Cyprus Securities And Exchange Commission, The Australian Securities And Investments Commission, As Well As The Financial Services Authority (St Vincent & The Grenadines), The Broker Currently Accepts Clients From More Than 140 Countries Around The World And Boasts More Than 100,000 Active Clients.
IC Markets Offers Tight Variable Spreads To Its Users, Which Start From 0.0 Pips On Major FX Pairs. The Broker Is Well-known For Its Ultra-fast Order Execution That Generally Processes Trades In Under 40 Milliseconds, Making It A Perfect Ecosystem For High-frequency Trading, Algorithmic Strategies, And Institutional Investors.
Although Retail Traders Will Find The Minimum Deposit Of $200 A Little Higher Than Other Major FX Brokers, This Is Still An Accessible Sum That Invites The Participation Of Newcomers And Professionals Alike. The Broker Accepts Deposits Via A Wide Range Of Methods Including Credit And Debit Cards, Bank Transfers, PayPal, Skrill, Union Pay, And Neteller Among Others. Furthermore, All Customer Funds Are Kept In Segregated Accounts And Fully Insured To Provide An Extra Layer Of Security.
|Forex Pairs||Over 61 pairs|
|Max Leverage||Up to 1:500 leverage|
$3.5 per lot per side for Raw Spread account, 0% commission for Standard account
|Spread for USD/EUR|
From 0 pips for Raw Spread account;From 0.6 pips for Standard account
|Mastercard Deposit Fee||None|
WebTrader, MT4, MT5, cTrader. ZuluTrade
2. FXTM - Highest Leverage 1SA FX Trading Account
FXTM Is An Established And Award-winning Market Maker/ECN Broker Offering Trading On Forex, Commodities, Metals, Stocks, And Indices. FXTM’s Trading Costs Are Higher Than Average On Its Two Commission-free Accounts, With Spreads Starting At 1.5 Pips On The EUR/USD. However, Trading Conditions Improve Significantly On Its Advantage Account, With Spreads Starting At 0 Pips On The EUR/USD In Exchange For A Reasonable Commission, But A High Minimum Deposit Of 500 USD.
FXTM Offers Support For Both The MT4 And MT5 Platforms In Addition To Its Proprietary FXTM Trading App, And A Wide Range Of Trading Tools, Including A VPS Hosting Service.
FXTM Excels In Its Education And Market Analysis Sections, With A Good Overview Of Forex Trading In Its Guides And Tutorials. In Addition, Its Daily Market Analysis Will Help Beginners Understand The Real-world Implications Of News Events On The Forex Market And Where Trading Opportunities Lie. Beginner Traders Will Also Benefit From FXTM’s Unique Copy Trading Platform, Which Allows Traders To Copy The Trades Of Strategy Providers.
|Forex Pairs||27 pairs|
|Max Leverage||1:2000 leverage|
|Pricing||0.4 – 2 USD per lot for Advantage accounts, 0% commission for Micro and Advantage Plus accounts|
|Spread for USD/EUR||From 0.0 pips for ECN Prime account; From 1.5 pips for Mirco and Advantage Plus accounts|
|Mastercard Deposit Fee||None|
|Trading Platforms||MT4, MT5, Webtrader|
3. XM - Excellent Trading Tools For Metatrader
XM Group Is Made Up Of Four Regulated Online Brokers. Trading Point Of Financial Instruments Ltd Was Established In 2009 And It Is Regulated By The Cyprus Securities And Exchange Commission (CySEC 120/10). Trading Point Of Financial Instruments Pty Ltd Was Established In 2015 And It Is Regulated By The Australian Securities And Investments Commission (ASIC 443670).
XM Global Limited Was Established In 2017 And Is Regulated By The Financial Services Commission In Belize (000261/309). Trading Point MENA Limited Was Established In 2019 And Is Regulated By Dubai Financial Services Authority (DFSA Reference No. F003484).
The Safety Of Funds Is Another Area Where XM Excels, With All Client Funds Stored In Segregated Bank Accounts From The Company’s Operating Funds. Finally, Thorough Compliance Efforts With Multiple Financial Authorities Grants Additional Confidence That XM Is Prepared To Follow The Letter Of The Law On Behalf Of Its Users.
|Forex Pairs||57 pairs|
|Spread for USD/EUR||–|
|Mastercard Deposit Fee||None|
Proprietary mobile app, MT4, MT5
4. FP Markets - Full Metatrader Suite, Competitive Pricing
The last platform that we’ll be covering from the best Neteller forex brokers list is AvaTrade. Released in 2006, the multi-asset broker was one of the first trading platforms to allow for retail clients to engage in forex markets. Today, with over 300 thousand registered traders, AvaTrade offers about 1,000 financial instruments including stocks, commodities, indices, and cryptocurrencies.
FP Markets Is A Reliable Broker That Provides Access To Forex And CFD Trading. With A Start-Up Capital Of 100 AUD (About 70 USD), A Client Can Start Trading On Very Favorable Terms, Including Ultra-low Spreads (From 0.0 Pips) With A Maximum Leverage Size Of 1:500, Which Is Great!
FP Markets Is A Great Solution For Those Who Prefer To Trade On Their Own Or With The Help Of Advisors. Automatic Copying Is Also Available. This May Be Interesting For Beginners, As Well As For Those Who Are Considering Trading In The Forex And CFD Markets As An Option For Generating Passive Income. Also, The Broker Offers Another Option For Investing Capital, Which Is Professional Asset Management Through MAM And PAMM Accounts.
|Forex Pairs||60 pairs|
|Max Leverage||500:1 leverage|
|Pricing||$3.00 commission per|
|Spread for USD/EUR||1.2 pips|
|Mastercard Deposit Fee||None|
|Trading Platforms||Metatrader 4,Metatrader 5,Social Trading And WebTrader|
Best FasaPay Forex Brokers Compared
Below is a table summary to help you compare the best FasaPay Forex Brokers.
|Forex Brokers||Forex Pairs||Max Leverage||Pricing||Spread for EUR/USD||FasaPay Deposit Fee||Trading Platforms|
|IC Markets||Over 61 pairs||Up to 1:500 leverage||$3.5 per lot per side for Raw Spread account, 0% commission for Standard account||From 0 pips for Raw Spread account;From 0.6 pips for Standard account||None||WebTrader, MT4, MT5, cTrader. ZuluTrade|
|FXTM||27 pairs||1:2000 leverage||0.4 – 2 USD per lot for Advantage accounts, 0% commission for Micro and Advantage Plus accounts||From 0.0 pips for ECN Prime account; From 1.5 pips for Mirco and Advantage Plus accounts||None||MT4, MT5, Webtrader|
|XM||57 pairs||1:1000 leverage||-||-||None||Proprietary mobile app, MT4, MT5|
|FP Markets||60 pairs||500:1 leverage||$3.00 commission per||1.2 pips||None||Metatrader 4,Metatrader 5,Social Trading And WebTrader|
|FBS||43 pairs||1:3000 for certain accounts||$6 commission for ECN account, 0% commission for Standard account||From 0 pips||None||Proprietary app, MT4, MT5|
|Easymarkets||62 pairs||1:30||-||0.3 pips||None||Mobile Apps,TradingView,MetaTrader4 And MetaTrader5|
|TMGM||7 Forex Pairs||1:500 leverage||Edge Account: $3.50 Commission Per Lot Per Trade Plus Spread Cost||0.0 Pips||None||Metatrader 4, IRESS|
|BlackBull Markets||27 pairs||1:500 leverage||$6 per lot for ECN Prime account, 0% commission for Standard account||From 0.1 pips for ECN Prime account;From 0.8 pips for Standard account||None||TradingView, MT4, MT5, Webtrader|
|Octafx||35 currency pairs||1:500 leverage||10,000 USD||0.6 Pips||None||Metatrader 4, Metatrader 5|
|Pepperstone||Over 60 pairs||1:200 for retail clients||$3.5 per lot for raw accounts, 0% for standard account||From 0 pips||None||TradingView, cTrader, MT4, MT5|
What is FasaPay?
FasaPay Is An Online Payment Method Offered By A Wide Range Of Forex Brokers. With Low Fees, Traders Can Deposit Or Top-up Their FasaPay Account Via Bank Transfer, Either Through The Website Or Mobile App. In This Review, We Explain How To Register For An Account And Login Via Your Trading Platform.
FasaPay Was Initially Focusing On Gaining The Market Share In The South East Asian Markets Before Moving Into Other Parts Of The World. At The Time Of Writing, Fasapay Boasts Of Over 500,000 Members That Use It As A Payment Gateway. The Company Also Has An Established Presence In Over 200 Countries.
Withdrawals Can Be Made In A Variety Of Ways And Vary In Fees. Some Of The Options Include:
• Credit Cards
• Wire Transfer
Benefits of Using a FasaPay Forex Broker
How Is FasaPay Used In A Trading Account?
In Order To Deposit Or Withdraw Using The FasaPay Service, Clients Will Need To Select FasaPay In The Funding Section Of Their Trading Account And Sign In To Their Account When Redirected. The Investor Will Be Required To Confirm The Payment Within The Portal To Complete The Payment.
How Does FasaPay Work
FasaPay Works In The Very Simple Way That Anyone Can Understand. For Instance, You Will Have To Open An Account With A Forex Broker. After That, You Will Be Required To Transfer Funds Into Your FasaPay Account. Through FasaPay, You Can Then Fund The Forex Broker Account. It Is That Simple. You Can See FasaPay As A Payment Gateway That Functions As A Middleman (intermediary) Between Brokers And Banks.
The Number Of Forex Brokers That Seem To Be Accepting FasaPay Is Constantly Increasing. It Has Enabled More People To Trade Forex From Their Respective Countries.
One of the reasons FasaPay has become very popular amongst brokers is that it has an advanced security system to ensure customers’ funds are safe and secured. There is its standard password protection method, and there are more additional ways to protect your account. These include the following.
FasaPay Is A Powerhouse Amongst Other Payment Solution Companies. It Is A Company That Charges As Low As 0.5% For Every Transaction Completed. Right Now, It Is Currently Being Accepted In More Than 200 Countries.