Best Alipay Brokers 2025
Discover the best brokers with Alipay deposits and withdrawals following our rigorous hands-on tests.
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1RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 LiteFinance is a broker regulated offshore that provides 55 forex pairs and various international stocks. They also offer selected indices, commodities, and cryptocurrencies. They provide support for MetaTrader 4 and 5 platforms, as well as their own mobile app. LiteFinance offers a classic non-commission account and an ECN account with spreads from zero and a per-lot commission. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 Founded in 2007, Axi is a forex and CFD broker regulated by multiple authorities. It has enhanced its trading experience by expanding stock offerings, upgrading the Axi Academy, and launching a copy trading app. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 Established in 2016, Ultima Markets is a forex and CFD broker regulated by bodies such as CySEC. They offer trading of over 250 CFDs across categories like currencies, stocks, and commodities. Besides the popular MetaTrader 4 platform, Ultima Markets also provides an app and a social trading service for their client's use. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.4 TMGM is a broker supervised by ASIC, offering forex and CFD trading in a variety of markets such as stocks, indices, crypto, and commodities. Their account options offer a choice of either no commission or no spreads, with competitive rates overall.
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Safety Comparison
Compare how safe the Best Alipay Brokers 2025 are.
Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
Compare how we rated the Best Alipay Brokers 2025 in key areas.
Fee and Cost Comparison
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Broker Popularity
See how popular the Best Alipay Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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LiteFinance |
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RoboForex |
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Axi |
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Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- RoboForex won the 'Best Forex Broker 2025' award from DayTrading.com for expanding their FX services, reducing spreads, and increasing availability in multiple countries.
- RoboForex offers more than 12,000 instruments for trading. This includes forex, stocks, indices, ETFs, commodities, and futures. Comparatively, this surpasses the trading opportunities available from most online brokers.
- RoboForex offers tight spreads starting at 0 pips and low minimum deposits from $10, making it affordable. Trading with micro lots additionally reduces entry barriers for new traders.
Cons
- RoboForex now only allows USD and EUR as base currencies. This could lead to conversion fees and inconvenience for traders who prefer managing their accounts in other currencies.
- RoboForex, despite having many platforms, does not yet support the commonly used cTrader. This can dissuade traders who favor this platform for trading, which is accessible with firms such as Fusion Markets.
- RoboForex provides fair spreads, but some of its account types have high trading commissions up to $20 per lot, which are more expensive compared to more affordable brokers like IC Markets.
Why Trade With LiteFinance?
LiteFinance is ideal for traders who want high leverage for forex, stocks, commodities, indices, or cryptocurrencies. The social trading system also benefits new investors who want to learn from experienced traders.
Pros
- MT4, MT5, and a unique app are supported on this excellent trading platform.
- Traders can access high leverage up to a 1:500 ratio.
- Tested customer support is quick and dependable for traders.
Cons
- There have been online complaints regarding challenges in withdrawing funds.
- The Classic account has broad trading spreads.
- Does not accept US traders
Why Trade With Axi?
Axi is an excellent choice for trading forex on the MetaTrader 4 platform. It offers over 70 currency pairs, the MT4 NextGen upgrade, and tight spreads from 0.2 pips with the Pro account.
Pros
- Advanced traders can now join the Axi Select funded trader program via the broker’s offshore entity, offering up to $1 million in funding with a 90% profit share.
- Axi provides an excellent MT4 experience, enhanced with the NextGen plug-in for advanced order management and analytics, featuring low execution latency of about 30ms.
- Axi's new copy trading app is intuitive, offering helpful filtering options to align strategies with individual risk preferences.
Cons
- Axi's support is not available 24/7, which can inconvenience traders in different time zones or those needing help outside regular trading hours, despite performing well when used.
- Axi lags behind because it only provides MT4, while many competitors now offer MT5, cTrader, TradingView, and custom software for a smoother experience with better tools.
- Even after expanding its stock CFDs in US, UK, and EU markets, it is far less extensive than firms like BlackBull, which offer thousands of equities for diverse opportunities.
Why Trade With Ultima Markets?
Ultima Markets is ideal for beginners interested in trading in well-known financial markets using the trustworthy MetaTrader 4 platform. The starting deposit is just $50, and there are no charges when you create and fund your account. Ultima Markets is also suitable for traders who are comfortable with high risk and are seeking high leverage up to 1:2000.
Pros
- Trading accounts with either spread-only pricing or low commission options offer flexibility.
- The Standard account requires a minimum deposit of $50 for trading.
- Use the MT4 platform for trading on your computer, through the internet or your mobile device.
Cons
- Limited regulation of offshore trading branches.
- The best brokers prioritize education.
- For optimal trading conditions, a minimum deposit of $20,000 is required.
Why Trade With TMGM?
TMGM is an excellent choice due to its wide variety of assets, various account options, multiple platform choices, and reasonable pricing. It's well-suited for trading and traders.
Pros
- The platform has top-tier support for MetaTrader 4, MetaTrader 5, and IRESS trading systems.
- The loyalty system offers a variety of bonuses and rewards through points-based trading.
- Wide variety of assets available, encompassing 10,000 international stocks. Suitable for all types of traders.
Cons
- A $30 monthly fee applies to trading accounts that are either inactive for over 6 months or contain less than $500.
- Shares can only be traded on the IRESS account and are not tradeable through MT4 and MT5.
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Understanding Alipay for Trading
Alipay is the most popular digital wallet and online payment method in China, closely followed by WeChat Pay. It allows mobile transfers through various channels, making it a hit with traders. Here’s a guide to help you learn about using Alipay in trading.
Finding the Best Brokers Using Alipay
We researched the best brokers that accept Alipay deposits. Here’s how we selected them:
- From our collection of 500 brokers, we identified those that support Alipay.
- We made sure they offer Alipay for both deposits and withdrawals.
- We ranked them based on their ratings, combining hard numbers with our testing experiences.
What is Alipay?
Alipay was founded in Hangzhou, China in 2004 by the Alibaba Group and is currently under Jack Ma’s ownership. It operates under Ant Group, a massive Chinese tech company, with headquarters in Shanghai and other branches around the world, including the UK and Singapore. Alipay commands a large portion of China’s third-party payment market, handling over 680 million transactions every day with 1.3 billion users by 2022. The company’s profit soared to $3 billion in half a year from $10.5 billion in revenue.
Advantages of Using Alipay for Trading
Convenient Mobile App
Alipay offers a handy mobile app for managing your trading deposits and account activities on the go. The app is available in both English and Chinese on the Apple App Store or Google Play Store.
Various Payment Options
As a third-party eWallet, Alipay supports several payment methods. Traders can fund their accounts using stored credit or debit cards, such as MasterCard or Visa, and other methods like GCash wallet and Klarna.
Security Features
Alipay uses established security features like QR code scanning and 3D secure technology for safe transactions. However, always check the security measures of your chosen broker too.
Global Use and Multiple Currencies
Alipay works in many countries, including parts of Asia, Europe, and North America, supporting transactions in 18 major currencies like USD, EUR, GBP, and more. International traders wanting to transact in Chinese Yuan (CNY) should check current exchange rates online.
Payment Protection
The service offers up to 90 days of payment protection for unauthorized transactions. If you notice any suspicious activity, contact customer service.
Challenges of Using Alipay for Trading
Registration Limitations
Mainly, Alipay requires a Chinese bank account. However, non-Chinese visitors can use the Tour Pass, which lets them top up a prepaid card in the app using a foreign card. Note: the Tour Pass only lasts 90 days, which might not suit full-time traders.
Settlement Delays
Settlement times vary depending on your payment method within Alipay and your broker. While most top platforms process deposits instantly, withdrawals might take up to five working days.
Verification Process
To set up an account, you need to go through a Know Your Customer (KYC) process, including submitting your ID and possibly a visa if you’re visiting China. This can be less convenient compared to instant payment methods that don’t require registration.
No Cryptocurrency Transactions
Due to Chinese regulations, Alipay doesn’t allow blockchain transactions, so buying Bitcoin or other cryptocurrencies isn’t possible.
Speed
Transactions with Alipay are quick and don’t require lengthy forms. However, international transfer times depend on your chosen payment method and broker.
Security
Alipay is secure with encryption protocols and 3D secure technology to protect transactions. The app also uses QR codes for simple and secure contactless payments.
How to Fund Your Trading Account with Alipay
To deposit money using Alipay, find the blue API logo on your trading platform and follow the instructions. The platform will direct you to Alipay’s payment page to complete the transaction. Be aware of any limits set by both Alipay and your broker.
Fees
Alipay doesn’t charge fees except for large withdrawals over 20,000 RMB, which incur a 0.1% fee. Loading a foreign prepaid card may include currency conversion fees. Brokers might also charge their own fees, so check their websites for details.
Is Alipay Suitable for Trading?
Alipay is a reliable option for traders in China or foreign ones with a visitor visa and access to the Tour Pass. While it is secure and offers flexible account management, it might be limited for those without Chinese bank accounts. Other alternatives like PayPal or WeChat Pay should be considered.
FAQ
How does Alipay work for trading?
Alipay is a payment processor from the Alibaba Group. It offers third-party payment solutions for businesses and digital wallets for customers. Traders can create an account using the app, available in English and Chinese, load it with money, and use it for trading deposits.
Can Alipay be used like PayPal for trading?
Yes, Alipay functions similarly to PayPal by providing an e-wallet service. Traders can use it to make local and international transfers and payments online, including funding trading accounts.