Best Flutterwave Brokers 2026
Discover the best brokers with Flutterwave deposits and withdrawals following our rigorous hands-on tests.
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Understanding Flutterwave: A Simple Guide
Flutterwave is a payment solution that allows traders around the world to easily add money to or take money from their trading accounts. It started in Nigeria in 2016 and connects different ways to make payments, like credit cards and mobile wallets, into one secure service. This flexibility is a big plus for traders who want to use their favorite payment methods.
In this guide, we will explore the history of Flutterwave, how to use their services on trading platforms, and the benefits of using Flutterwave deposits. We’ll also highlight some of the best brokers that support Flutterwave payments.
Choosing The Best Flutterwave Brokers
To find the best brokers that support Flutterwave, we:
- Examined a wide range of 500 online brokers to find those that use Flutterwave
- Confirmed that they accept both deposits and withdrawals via Flutterwave
- Ranked them using a mix of our experiences and over 100 different data points
What Is Flutterwave?
Flutterwave Inc. is a payment service that helps people make and receive payments in numerous ways. It includes options like mobile wallets, credit cards, and more. Their service is especially helpful in Africa, where international payment options like PayPal and Stripe are not always available. They support payments in over 150 currencies, with a goal of making money management easy for businesses through an integrated platform.
Main Products: Barter & Rave
– Barter: This is for individuals and offers virtual dollar cards with exchange rates updated daily.
– Rave: This is for businesses, allowing them to accept payments easily online.
Company Background
Flutterwave was created by a group including Iyinoluwa Aboyeji and Olugbenga Agboola in 2016. Initially available to 12 African countries, the company has expanded to the US and UK. It achieved ‘unicorn’ status, meaning it’s valued over $1 billion, thanks to successful funding rounds.
Understanding Fees
Flutterwave charges a processing fee based on the payment method and location, like a 3.8% fee for UK Visa and Mastercard transactions. Brokers might cover this fee or pass it to their clients. Traders should check their broker’s policy for these charges.
Speed of Transactions
Flutterwave ensures fast payment processing. While some transactions are instant, others may take up to four business days, depending on the broker. Using a credit or debit card can often make these transactions quicker.
Security Measures
Flutterwave prioritizes safety with multiple certifications, including a high standard for card security and other licenses. They also employ two-factor authentication for added protection, ensuring all transactions are secure.
How To Use Flutterwave for Trading
Traders can deposit and withdraw money from their accounts using Flutterwave. Here’s a basic overview:
Making Deposits
- Log into your trading account and find the deposit section
- Select ‘Flutterwave’ as your payment method
- Enter the amount and choose your currency
- Provide the necessary payment details
- After completing the process, the funds should appear in your account
Making Withdrawals
- Log into your account and choose the withdrawal option
- Select ‘Flutterwave’ for the withdrawal process
- Enter the withdrawal amount and currency
- Confirm and verify your details
- Funds will be transferred to your bank account according to the broker’s timeline
Advantages of Flutterwave for Traders
Choosing Flutterwave offers several benefits:
- Easy integration for brokers and businesses
- Instant payments via credit cards
- Available across many African countries
- Supports fiat-to-crypto payments
- Has a mobile app and supports over 150 currencies
- Secure transactions with additional two-factor authentication
Disadvantages of Flutterwave for Traders
Some downsides include:
- Limits on deposits and withdrawals can be unclear
- Not as widely used outside Africa
- Brokers might charge fees to traders
- Mixed reviews in customer support
- Limited global availability
Contact Information
For help with issues or inquiries, contact Flutterwave using:
- Email: hi@flutterwavego.com
- Social Media: @theflutterwave
- Website: Use the ‘Speak with Us’ section
There are offices in several African countries, the US, and the UK. However, reaching out to your broker’s support might be better for payment-related queries.
Is Flutterwave Suitable For Traders?
Flutterwave is an impressive option for traders seeking a simple and cost-effective payment method. However, while it offers excellent flexibility, it’s not yet as common globally and is more popular in regions like Africa, the UK, and the US.
Frequently Asked Questions (FAQ)
How Does Flutterwave Work With My Trading Account?
Brokers set up an account with Flutterwave, allowing them to offer it as a payment choice. Traders can then use this method to manage their trading account funds easily.
Do I Need A Flutterwave Account For Trading Deposits?
No, traders don’t need their own Flutterwave account as it is managed by the broker’s account setup.
Is Flutterwave Quick For Deposits?
Yes, deposits are generally instant, although some brokers may have longer processing times.