Best Sofort Brokers 2026

Understanding Sofort for Trading

Sofort, part of the Klarna Group, is a way for traders to easily put money into their trading accounts using their online banking information. You might notice the Sofort or Klarna logo on some broker websites, but how does it compare to other digital wallets like PayPal? This guide will explain how it works, including fees, test accounts, and how to log in. We’ll also list the best brokers where you can use Sofort for depositing and withdrawing money.

How We Selected the Top Sofort Brokers

To identify the best brokers that support Sofort, we:

– Found out which of the 500 online platforms in our database offer Sofort.
– Made sure they support both Sofort deposits and withdrawals for trading.
– Ranked them based on their overall ratings, using over 100 different data points and personal insights.

Overview

In 2014, the German payment company Sofort GmbH joined with Klarna, a Swedish company started in 2005, to form the Klarna Group. Klarna is now a major payment service in Europe, working with over 550,000 merchants in 45 countries, serving 150 million users. Sofort, or ‘Pay now with Klarna’ in the UK, lets people make quick purchases using just their online banking details, without needing to enter card details or create an account.

Benefits of Trading with Sofort

Demo Account

Klarna provides a demo account where you can use 10 Euros in fake money to practice making a transfer. This is an excellent way to understand how the transfer process works.

No Downloads Needed

You don’t need to download anything to make a payment. However, Klarna does offer a mobile app to track purchases or deposits, accessible through your email.

No Registration Required

Traders can easily move money directly from their bank account to their trading platform without extra steps. This is more convenient than using PayPal, which requires account setup and crediting.

Immediate Transfers

The word ‘Sofort’ translates to ‘immediately’ in English, and indeed, payments are instant, making it ideal for traders who need to act quickly. However, some brokers may have their own processing times.

Trusted and Global

With over 15 years in operation and backed by investors like Visa, Klarna is a reliable choice, recognized by many merchants and financial providers such as Transferwise and Western Union.

Supports Multiple Currencies

Klarna Checkout supports a variety of currencies including USD, GBP, EUR, and several others, making it widely accessible for traders.

Drawbacks of Trading with Sofort

Limited to Mostly European Countries

Klarna services are mainly available in Europe, Australia, and the USA, which might be restrictive for traders in regions like Russia or Asia.

Cannot Cancel Payments

Once a payment is made, it cannot be cancelled or charged back. Refunds are possible but need to be coordinated with the broker.

Not Widely Offered

Even with its benefits, Sofort isn’t as widely available as some other payment services like Skrill or Neteller, especially with brokers outside of Europe, the USA, or Australia.

Speed

Payments with Sofort happen instantly, but for the exact time for funds to become available, check with your broker.

Security

Sofort uses a secure online banking system with one-time PINs and TANs (confirmation codes). This takes place through Sofort’s software, keeping your details safe and not shared with brokers or stored by Sofort.

How to Deposit Using Sofort

To deposit with Sofort, find the Sofort or Klarna logo on your broker’s website, make sure your bank account supports online banking, and follow the steps to enter your account number and sort code. There’s even a YouTube video to guide you through depositing via mobile.

Fees & Costs

Sofort itself does not charge for transactions, but your broker might have their own fees. For instance, some brokers like EasyMarkets, BDSwiss, and ActivTrades don’t charge for Sofort deposits, whereas InstaForex might charge a minimum withdrawal fee.

Is Sofort a Good Choice for Trading?

Sofort is excellent for traders seeking speed, convenience, and security. While not the most common option, it’s a great, commission-free method for those who can access it. Plus, there’s no need to make an account unless you want to track your transactions via the app.

FAQ

What is the Sofort Payment Method for Trading?

Sofort, known as ‘Pay now with Klarna,’ lets traders make payments using their banking details to fund trading accounts.

How Long Does a Sofort Trading Deposit Take?

Sofort payments are instant, but check with your broker for their specific processing times.

Is Sofort Safe to Use with Brokers?

Yes, it’s secure. Your banking PIN and TAN are not shared with merchants, and the payment form is encrypted.

What to Do if a Sofort Deposit Isn’t Working?

If you encounter issues, confirm the problem isn’t with your broker first. If not, contact Sofort’s support or use their live chat for assistance.

How to Make a Trading Deposit with Sofort?

Log in to your trading account, choose Sofort, and enter the deposit amount. Your bank will send a unique PIN/TAN for verification.