For this list, we have searched and tested several Payment Providers Europe for Forex Trading.

In our research, we selected the best European Payment Providers in 2022. We have also researched and presented the ways and solutions for Forex brokers to choose Top Payment Service Providers.

What is Payment Service Provider in Europe for Forex Trading?

Europe has one of the largest markets for Forex trading in the world. The most significant market regulators like ESMA, FCA, CySEC, BaFIN, and more are based here making it one of the safest places to trade Forex. There are many reputable international and local Brokerages available in the region.

In Forex trading Payment Service Providers offer gateway for brokers to transfer fund to and from the trading account. The most used and popular are bank transfers, cards, and e-wallets like Skrill, Neteller, PayPal, etc.

There are many EU Payment Providers available for Forex trading. These providers offer convenient and safe ways to process payments, and they also offer fast processing times. Some of the most popular payment methods in Europe include Skrill, Neteller, PayPal, OpenPayd, FXPay, etc. All of these providers offer a high level of security and speed, making them ideal for Forex trading.

Here is the list of some popular Payment Methods in Europe:

Payment MethodsFeesProcessing TimeAvailability
SkrillUp to 3.99% to Wholesale Exchange Rates1 Business Day for DepositsEurope and Globally
Neteller0.50% Per TransactionFor Deposit is Instant, 1-3 Days for the WithdrawalEuropean Economic Area
PayPalThe Minimum Fee is €1.99, the Maximum is €3.991-3 Business Days for Deposit and WithdrawalsEurope, North/South Americas, Asia Pacific, Africa
OpenPayd Starting from 0.1% Per TransactionInstantlyEurope, Asia, South America

Best European Payment Service Providers

There are many Payment Providers in Europe for Forex trading today. Each provider has its strengths and weaknesses, so it is important to select one that best suits your business or broker’s needs and has a proven track record of success.

To pick the best European Payment Service Providers, we searched and tested several options and here we provide the list that we selected as the best:

  • Skrill – Best Overall Europe Payment Service
  • Neteller – Best Payment Gateway Provider UK
  • Giropay – Best Payment Provider Germany
  • FXPay – Best Payment Gateway Provider in Ireland

List of Payment Service Providers in Europe for Brokers

When deciding on the best European Payment Service Providers for brokers, there are a few important factors to consider: security features, reputable providers, and the solutions and fees offered by the providers.

Here we provide the list of Top EU Payment Providers for Forex trading:

Payment ProvidersSolutionsPricing
SkrillA Range of Deposit Options, Skrill App, Skrill VIP Programme, 24/7 Support, etc.Up to 3.99% to Wholesale Exchange Rates
Netellere-Wallet, Net+ Prepaid MasterCard, Two-Factor Authentication, etc.0.50% Per Transaction
GiropayDepositing Forex Funds, Withdrawal, Deposits Payment Solutions, etc.0% Deposit Fee
FXPayDigital FX Solution for International PaymentsNo Standard Payment Fee
PayPalPayPal Balance, Bank Account, PayPal Credit, Debit/Credit Cards, Rewards Balance, etc.Up to 3% Fees and Commission on Each Transfer
OpenPaydForex and Remittance, Marketplaces and Platforms, Digital Assets, Embedded Finance, etc.Starting from 0.1% Per Transaction

FAQ and More on Forex Account Payments

In this part, we gather common questions about Forex account payment providers. Usually, there are many payment provider-related questions and here we assist in that.

Each service provider has its advantages and disadvantages. You need to consider your goals and objectives before deciding which one is right for your business.

How to Choose Payment Provider?

There are a few factors to consider when choosing a Payment Provider for your business or brokerage company. You should select one based on your needs and the solutions that the provider offers. Here we listed a few important factors you need to consider while choosing a payment service provider:

  • Reputable and Trustworthy Provider
  • Regulatory Compliance
  • Range of Currency Pairs Offered
  • Different Payment Methods
  • Fast Processing
  • Chargeback Protection
  • Customer Support
  • Fees

Are There Payment Gateway Providers Worldwide?

There are many companies that provide Payment Gateway Services on a global scale. Providers that process bank wire transfers and cards might be considered worldwide. They offer a variety of features and benefits that can be tailored to meet the needs of businesses of all sizes.

However, based on particular country laws some payments might be restricted in countries like Iran, Syria, Russia recently, some countries in Latin America, etc.

Author of this review

By George Rossi

Author of this review

I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Now I am passionate about reviewing and comparing forex brokers.

Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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