Best Giropay Brokers 2025
Discover the best brokers with Giropay 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 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 3.2 InstaForex is a broker established in 20072010 that provides Forex and CFD trading services to millions of traders. They offer a wide array of markets including traditional assets like currencies and shares, as well as unique opportunities like IPOs. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.4 Established in 2012, Libertex is a reputable broker regulated by the Cyprus Securities and Exchange Commission under license number 164/12. Libertex provides a unique and straightforward platform for trading CFDs on over 250 underlying assets. Their variety of assets includes forex, cryptocurrencies, commodities, stocks, indices, and ETFs which are offered at low costs with tight spreads.
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Safety Comparison
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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
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Giropay Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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Libertex |
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InstaForex |
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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
- The broker provides two free withdrawals each month in the Free Funds Withdrawal program, assisting traders in reducing transaction expenses.
- 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 won the 'Best Forex Broker 2025' award from DayTrading.com for expanding their FX services, reducing spreads, and increasing availability in multiple countries.
Cons
- RoboForex, with more than 15 years in the industry, is authorized by the IFSC in Belize, a 'Red-Tier' regulator. This authorization provides a lower level of regulatory protection for traders.
- RoboForex offers many account types which, although flexible, can be daunting for new traders to select the most appropriate for their trading preferences. Other platforms like eToro simplify the process with a single retail account option.
- 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.
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
- 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.
- 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.
Cons
- 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.
- Axi remains reliable, but recent issues with the ASIC and FMA require it to consistently ensure a secure environment while complying with licensing conditions.
- 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.
Why Trade With InstaForex?
InstaForex is a leading forex broker offering more currency products than most competitors. Its narrow spreads and low minimum deposits cater to traders of all experience levels, particularly those knowledgeable in the MT4 and MT5 platforms.
Pros
- The broker is beginner-friendly, offering low initial deposits and commission-free trading.
- InstaForex provides an excellent trading setting, equipped with the robust MT4 and MT5 platforms. These platforms include various technical analysis tools, automation features, and several types of orders.
- The broker is an excellent choice for serious forex traders. It offers over 100 currency pairs, narrow spreads starting from 0.0 pips, and a top-tier collection of forex market resources.
Cons
- The broker's website and client interface are not user-friendly, particularly for new traders.
- The broker only offers CFDs for trading.
- Customer support is offered in English, Czech, Polish, and Slovak.
Why Trade With Libertex?
Libertex is suitable for both new and seasoned traders due to its user-friendly platform and affordable fees. It is also a good choice for stock trading, offering commission-free investments.
Pros
- Multi-language customer support is available for traders.
- Accepts various payment methods.
- Low-cost, competitive pricing with minimal commission fees for traders.
Cons
- No copy trading
- The range of assets available for trading is smaller compared to competitors.
- Lacks learning materials and other features.
Filters
What is Giropay?
Giropay is a payment system in Germany that lets people quickly and safely transfer money using their online banking login. Instead of having to create new accounts or download special apps, users can make transfers directly from their bank. You might recognize Giropay by its blue and white logo, and it’s used by many banks and merchants across Germany.
Exploring Giropay’s Perks for Trading
Easy to Use
– You don’t need to download any apps or software. If you have a German bank account with online banking, you’re ready to go.
No Need to Sign Up
– Skip the extra steps. You can transfer money directly from your bank to your trading account without registering for a new service.
Instant Transfers
– Giropay allows real-time deposits, meaning your funds usually hit your trading account almost immediately. However, check with your broker for their processing times.
Trusted and Secure
– Backed by Deutsche Postbank, part of Deutsche Bank, Giropay is a reliable choice for many Germans. They use strong encryption and extra security steps (like PINs) to keep your transactions safe.
No Fees for Users
– The service is free for account holders, though some brokers may charge fees. The best brokers often offer free deposits with Giropay.
Things to Keep in Mind with Giropay
Euro-Only
– Giropay transactions are only in Euros, so it might not be ideal if you use other currencies like USD or GBP.
Mostly for German Accounts
– You generally need a German bank account to use Giropay, though there’s limited access in Austria and the Netherlands.
Limited Consumer Protections
– Giropay doesn’t offer buyer protection or the ability to request refunds, unlike services like PayPal.
Using Giropay for Trading
To deposit money using Giropay, follow these steps:
1. Choose Giropay in your trading account’s funding section and enter the amount you want to deposit.
2. You’ll be taken to your bank’s login page to confirm the transaction.
3. A TAN code (a special pin) will be sent to verify the payment. You don’t need this code for amounts under €30.
4. The deposit is processed instantly, and you’ll be redirected to your trading account with a payment confirmation.
Are There Any Fees?
While users typically don’t pay to use Giropay, your broker might charge a small fee for certain transactions. Check with your broker for specifics.
Is Giropay Good for Trading?
Giropay is great for German traders due to its quick deposit process and ease of use. However, traders outside Germany should look at other options since Giropay is mainly available within the country. Although Austria and the Netherlands might have access, global options like Skrill or PayPal offer broader currency and regional support.
Common Questions About Giropay
How Does Giropay Work?
Giropay connects your bank account to your trading account, enabling secure and direct fund transfers. Their website provides a guide on how to use the service.
Is Giropay Safe?
Yes, Giropay uses strong encryption and security measures to protect transactions. Always check your bank’s and broker’s security practices as well.
Which Currencies Does Giropay Support?
Giropay only supports Euro transactions. This can be a limitation for traders outside the Eurozone.