Best EasyPay Brokers 2025
Discover the best brokers with EasyPay deposits and withdrawals following our rigorous hands-on tests.
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Understanding EasyPay: A Simplified Guide
EasyPay is a payment service from Ukraine that many local businesses and banks, as well as forex trading brokers, use. This guide will help you understand how EasyPay works as an online payment option for traders. We’ll also show you how to register and log in, and provide a list of the best brokers that accept EasyPay deposits.
Note: There are several companies named EasyPay, but this guide focuses on the one based in Ukraine. It doesn’t cover EasyPay in South Africa.
Choosing the Best Brokers That Accept EasyPay
To identify the best brokers accepting EasyPay, we:
- Reviewed our database of 500 online trading platforms to highlight those supporting EasyPay transactions.
- Confirmed they accept deposits and withdrawals using EasyPay for trading.
- Ranked them based on our comprehensive tests and over 100 data points.
About EasyPay
EasyPay is a reliable online payment gateway for those living in Ukraine. Started in 2007 by Oleksii Avramenko, it began as a centralized digital payment platform. It has since earned a license from the National Bank of Ukraine. EasyPay processes about 450,000 transactions each day across 3,000 service providers, offering a handy method for traders to transfer e-money.
How to Make a Deposit with EasyPay
To deposit using EasyPay, find the EasyPay logo in your trading account, follow the prompts, and enter the amount you wish to deposit.
Keep in mind:
– Minimum and maximum deposit amounts may vary by broker. For instance, at Deriv, the minimum deposit is $5, and it’s processed instantly.
– You can pay using linked banks, cards, cash at designated terminals, or EasyPay’s virtual cards.
– There are over 19,000 physical terminals in Ukraine to deposit or withdraw funds, but accessibility may vary due to the 2022 Russian invasion.
Transaction Speed
EasyPay allows almost instant deposits, available 24/7. Although card-to-card transactions are automatic, brokers might have different processing times. Top brokers usually process deposits instantly, but withdrawals may take between two to five working days.
Fees and Charges
Fees vary based on whether you use virtual cards, bank cards, or mobile transfers:
– Using EasyPay’s virtual or physical card generally involves no commission, appealing to traders making frequent transactions.
– Direct card transfers might incur fees, differing by broker.
– Merchants may have separate charges for using this payment method.
Security Measures
EasyPay is a trusted payment system because of its robust security features, including:
- Compliance with the Payment Card Industry Data Security Standard (PCI DSS).
- Data encryption via an SSL certificate.
- Use of one-time password encryption for each transaction.
Users can track all payments using the EasyPay app or website, which adds another layer of security.
Benefits of Trading with EasyPay
Easy Registration
Creating an account is quick and easy. Click on the company logo on their website, enter your mobile number for an activation code, and follow the steps to start making payments.
Mobile App
EasyPay’s app supports iOS, Android, and Huawei devices, making it convenient to make payments on the go. This is particularly useful for those trading forex and CFDs via mobile apps.
Virtual Card
EasyPay provides a virtual card for secure online transactions, used mostly for bill payments and often without any commission. Currently, this feature is available only to website and app users and is subject to transfer and balance limits.
Automatic Payments
EasyPay allows users to set up automatic payments through the app or website, which is useful for managing bills or funding trading accounts.
Drawbacks of Trading with EasyPay
Daily Restrictions
There are limits on how much you can transfer per day. For example, the maximum amount is 25,000 UAH at any one time. All restrictions are listed on their website.
Limited Accessibility
EasyPay is available only for residents of Ukraine using the national currency, Hryvnia, excluding international transfers. This means many traders outside Ukraine cannot use this service.
Customer Support
EasyPay offers around-the-clock customer support, including a toll-free phone number for calls within Ukraine, email support, and a detailed FAQ section on their website. Support is available in English, Ukrainian, and Russian. They can assist with queries about deposits, withdrawals, account registration, or login issues.
Is EasyPay Suitable for Trading?
EasyPay is a well-established and secure online payment solution following Ukrainian laws. With easy registration, 24/7 customer support, and features like a mobile app and virtual card, it’s very convenient for managing payments and transfers. However, fees and currency limitations to the Ukrainian Hryvnia might lead you to consider alternatives like Skrill or Neteller.
Frequently Asked Questions
Are EasyPay Payments Safe to Use for Trading?
Yes, EasyPay uses advanced security measures, including one-time password encryption, to protect transactions. However, ensure that your trading is with a safe and reputable broker.
How Quick Are EasyPay Deposits for Trading Accounts?
EasyPay transactions are typically instant, but the timing can vary by broker, ranging from 15 minutes to 6 hours. For persistent issues, contacting customer support can help resolve them.
What are the Benefits of EasyPay Compared to Other Payment Methods?
EasyPay is a secure system for both bill payments and trading account deposits. It meets high security standards (PCI DSS) and operates under Ukrainian regulations.