Best PayRedeem Brokers 2025
Discover the best brokers with PayRedeem deposits and withdrawals following our rigorous hands-on tests.
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1M4Markets is a recognized broker, regulated by the CySEC, FSA, and DFSA. Despite being newer, the broker continually enhances its service by providing inventive tools, platforms, and accounts. Newcomers can begin trading with a minimum of $5, while seasoned traders can utilize leverage up to 1:5000.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.9 Grand Capital is a MetaTrader broker offering welcome bonuses and trading competitions. Their user-friendly copy trading service and numerous account types make it suitable for different traders and strategies. With over 400 assets available, there is a vast range of trading options. New users can swiftly set up an account and commence trading. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.3 GC Option is a binary options company. They provide flexible contract terms and offer up to 86% payouts on 27 different instruments. They also support MetaTrader 4 and have two other trading platforms exclusively available for their traders.
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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
Compare how we rated the Best PayRedeem Brokers 2025 in key areas.
Fee and Cost Comparison
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Broker Popularity
See how popular the Best PayRedeem Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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Grand Capital |
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GC Option |
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Why Trade With M4Markets?
M4Markets provides leveraged trading on robust third-party platforms for active investors. It also offers other investment options such as copy trading and MAM/PAMM accounts.
Pros
- Execution speeds are typically quick at 30 ms. We deem speeds under 100 ms appropriate for active traders.
- The broker provides various effortless trading options, like a copy trading service and MAM/PAMM accounts.
- Get reliable customer support 24/5 in 10 languages through live chat, phone, and email.
Cons
- The educational resources offer a limited selection of eBooks and webinars, falling behind top brokers in this aspect.
- M4Markets does not provide any rebate programs or incentives for active traders.
- Compared to leading brokers that usually provide over 1000 options, the selection of approximately 200 investments is limited.
Why Trade With Grand Capital?
Grand Capital is suitable for traders well-versed in MetaTrader and for passive investors keen on copy trading and LAMM services. However, the firm's regulatory status is not as strong as its rivals.
Pros
- Broad choice of payment methods and account currencies.
- High leverage up to 1:500
- Offering a variety of investments, including a distinct brand for binary options called GC Option.
Cons
- High spreads on some assets
- Limited regulatory oversight
- Basic training and market analysis are essential for traders.
Why Trade With GC Option?
GC Option is a great choice for binary traders who use the MetaTrader 4 platform. It's one of the few companies that supports it and you only need a $100 deposit to reach 'Gold' status. It's tailored to traders who prefer short-term contracts, from as little as 1 minute and up to 48 hours.
Pros
- GC Option is unique as a binary options broker, providing access to MT4 but only to Gold status traders.
- The complimentary demo account that comes with $10,000 in virtual finances is great for understanding binary options, including the broker's unique double touch binaries that most brokers don't offer.
- GC Option provides reliable and quick 24/7 support with response times under 2 minutes, and a responsive live chat service, based on multi-year testing.
Cons
- The $10 minimum deposit is relatively low. However, over half of the withdrawal options come with a charge. Many of these involve cryptocurrencies or banking options in Africa and India.
- GC Option offers a limited variety of around 30 tradable assets including currencies, cryptocurrencies, and commodities. However, it does not provide any stock options, which is an area that needs improvement.
- Even with over 15 years of experience and association with the Grand Capital brand, GC Option is yet unregulated. This leaves investors with very few safeguards.
Filters
Understanding PayRedeem for Traders
PayRedeem, previously known as VLoad, is a popular online service designed to help traders move money to online brokers. It is owned by Global Primex Limited and is a well-trusted payment method. This service allows investors to quickly and affordably deposit funds into their trading accounts. This guide explains how PayRedeem works, how fast transactions occur, and the costs involved.
We have also compiled a list of the top brokers that accept PayRedeem deposits.
How We Selected the Best PayRedeem Brokers
To identify the best brokers that accept PayRedeem, we:
- Scoured through our directory of 500 online brokers, excluding those that don’t offer PayRedeem
- Confirmed that the remaining brokers accept both deposits and withdrawals using PayRedeem
- Ranked them based on overall rating, derived from over 100 data points and personal observations
What Is PayRedeem?
PayRedeem is like a digital voucher card used worldwide for secure transactions between individuals and merchants, such as traders and online brokers.
Each card comes with a ‘ribbon’ that indicates its intended use. If you’re using a card to transact with a broker, it carries a ‘brokerage’ ribbon.
PayRedeem offers three types of eCards:
- Standard Cards: These are like gift cards. You decide how much money to put on them, and they expire 96 hours after purchase. They can be renewed using Mastercard, Visa, bank transfers, or Bitcoin.
- Payout Cards: These are used to withdraw money from your broker. Once you’ve withdrawn your trading profits, they function like Standard cards.
- Subscription Cards: For recurring payments with no expiration, these cards replace the need to buy new Standard cards repeatedly. They’re ideal for frequent traders.
When buying an eCard, you must specify the merchant, such as an online broker like FXTM.
Speed of Payment
Brokers using PayRedeem typically process deposits instantly, giving traders quick access to markets. For example, deposits with Alpari happen right away.
Withdrawals may take longer, usually a full business day, though this varies. Some brokers like LQDFX might take up to 48 hours.
Overall, PayRedeem allows faster deposits and withdrawals compared to methods like bank transfers.
Fees & Limits
While many transactions are free, some brokers may charge a fee. Fortunately, many brokers accepting PayRedeem, like M4Markets, don’t add extra charges.
It’s important to be aware of limits on how much you can transfer with PayRedeem:
- Tier 0: Up to €150 per month for new users.
- Tier 1: Once you provide identification and proof of residence, you can transfer up to €25,000 per year.
- Tier 2: Requires further verification, with a cap of €100,000 annually.
Do note that PayRedeem charges €20 for a withdrawal from your PayRedeem account to your bank.
Security
PayRedeem enhances security by limiting card payments to specified merchants like a chosen brokerage. This ensures even if someone gets your card data, they can’t misuse it.
Standard cards expire in three days, minimizing risk exposure time.
It’s crucial to trade with well-regulated brokers accepting PayRedeem to avoid scams. You can find a list of recommended brokers on our site.
Customer Support
If you face issues while using PayRedeem, there are several support options:
- Check the FAQ section
- Use live chat on the official website
- Email support at support@payredeem.com
- Call them at +1 912 800 0083 or +44 162 820 0487
Your broker might also assist with deposit or withdrawal delays.
Benefits of PayRedeem for Traders
- Secure and reliable payment method
- Instant deposits with most brokers
- Option to increase transfer limits
- 24/7 customer support
Drawbacks of PayRedeem for Traders
- Limited deposit amounts and frequency at tier 0
- Withdrawals allowed only at tier 1 and 2
- Not all brokers accept PayRedeem
How to Deposit Using PayRedeem
The process of depositing funds with PayRedeem varies by broker but generally follows these steps:
Deposits
- Log in to your trading account and navigate to the funding area. Select ‘Deposit.’
- Choose PayRedeem from the available methods.
- Enter your eCard PIN and the deposit amount.
- If you haven’t set up an eCard yet, click on ‘Buy Voucher’ to purchase one on the PayRedeem website.
- Confirm the transaction.
Withdrawals
- Log in to your broker account and go to the finance section.
- Select ‘Withdrawal’ and pick PayRedeem.
- Fill out the withdrawal form with your PayRedeem details.
- Your broker may require a two-factor authentication process; complete if requested.
- Wait for the funds to arrive in your PayRedeem account.
Is PayRedeem Suitable for Trading?
PayRedeem is a cost-effective and secure way to fund your trading account and withdraw earnings. Although there are some limitations for tier 0 accounts, it remains an appealing choice.
Refer to our list of top brokers accepting PayRedeem to start trading.
Frequently Asked Questions
Can I Make Deposits to PayRedeem Brokers Through a Mobile App?
Currently, there is no PayRedeem mobile app. You can only access your account via a web browser. However, plans to launch an app for Apple and Android devices are in the works. For now, use a desktop or laptop to make trading deposits.
Is PayRedeem a Trustworthy Way to Fund Online Trading?
Yes, PayRedeem is considered secure and trustworthy. It’s a reputable payment system used by several regulated brokers. Only designated merchants can accept funds, adding another layer of security.
Can I Use PayRedeem Discount Codes for Deposits?
Sometimes, PayRedeem bonus codes are available online, but there’s no referral program currently. Some brokers may offer promotional bonuses for deposits, so check terms and conditions carefully for withdrawal requirements.
Is PayRedeem Available to Traders in the USA?
Yes, PayRedeem is available in the US and many other key regions like the UK, Canada, and the EU. However, it’s not available in places like Russia, South Africa, or Albania. Visit the official website for more details.
How Do I Make Trading Deposits with PayRedeem?
You’ll need to purchase a Standard or Subscription eCard using credit/debit cards, bank transfers, or Bitcoin. Check the official website or our list of recommended brokers for those that accept PayRedeem.