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There are websites that make trading easy and accessible for everyone. But when you start trading, there are plenty of questions you may ask yourself. Some of them are simple, some are not. To trade safely, you need to know where to start. If your questions are: “Which binary options broker accepts FastPay as a payment method” or “On which trading platform can I deposit and withdraw using my FastPay account”, you should read this article.
We have collected the best binary options brokers that accept FastPay for you. These are:
200+ Markets
- Supports automated trading
- Regulated trading
- Multiple platforms
- Different financial products
- MetaTrader 4/5
- High yield 90%+
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
100+ Markets
- Accepts international clients
- High payouts 95%+
- Professional platform
- Fast deposits
- Social Trading
- Free bonuses
200+ Markets
- Supports automated trading
- Regulated trading
- Multiple platforms
- Different financial products
- MetaTrader 4/5
- High yield 90%+
from $10
(Your capital is at risk)
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
from $10
(Risk warning: Your capital might be at risk)
100+ Markets
- Accepts international clients
- High payouts 95%+
- Professional platform
- Fast deposits
- Social Trading
- Free bonuses
from $50
(Risk warning: Trading is risky)
The list of the best brokers that accept credit cards includes:
- Deriv – Our number-one Deriv broker
- IQ Option – Reputable FastPay broker established in 2013
- Pocket Option – Quick to cash out and quick to win
What you will read in this Post
(Risk warning: Your capital can be at risk)
What is FastPay? – A quick overview of the payment method
Prior to examining the brokers that are compatible with FastPay, it is essential to be familiar with what it is exactly. Essentially, FastPay is an online payment system that makes it possible for us traders to do transactions rapidly. This secure and speedy payment method has recently become increasingly popular. Subsequently, traders can carry out payments using FastPay, not having to worry about the safety or the velocity of the procedure. It is a great payment method that has way more advantages than some others.
Security features of American Fastpay – Is Fastpay a safe payment method?
Overall, American Fastpay is considered a highly secure platform for online transactions. It has a very secure payment method and various security features, which include:
- SSL Encryption
- Two-Factor Authentication
- Fraud Detection
- PCI Compliance
To ensure the safety of its customers’ personal data, American Fastpay encrypts all transactions using SSL (Secure Sockets Layer) – an industry-standard encryption technology commonly used by many websites to protect users’ personal information. In addition to encryption, American Fastpay offers various forms of identification, including passwords, PINs, and biometrics, to ensure that only authorized users have access to their account data.
To detect and prevent fraudulent activity, American Fastpay employs multiple strategies, including automated systems that learn from past transactions and human evaluation by skilled fraud analysts. These measures help to identify and prevent fake transactions before any monetary loss is incurred.
Pros and cons of American Fastpay for traders
As a trading payment option, American Fastpay has many benefits. To begin with, it’s an instantaneous and straightforward method of funding. This swiftness will be greatly appreciated by traders who must work within strict time limitations.
Second, protecting the privacy of its clients is a top priority for American Fastpay. Secure Sockets Layer (SSL) encryption, numerous verification stages, and fraud detection methods are used to keep your money details safe. This is an essential function for traders that care about the privacy of their money data.
What’s more, American Fastpay’s UI is made to be easy and intuitive to use. This ease of use can abbreviate the settling process and save money for all parties involved, making it an excellent option to choose from.
Advantages:
- Speed – processed transactions in real-time.
- Security
- Ease of Use
- Flexibility – offers a range of features and customization options that can make it more flexible and adaptable compared to other payment solutions.
Disadvantages:
- Fees
- Limited Availability
- Integration Challenges – American Fastpay may require additional integration and setup for traders, particularly those using other payment solutions or platforms.
Which binary options brokers accept FastPay?
#1 Deriv – Our number one binary options broker supporting FastPay
This comes to the top of our list because Deriv is among the top binary options brokers and the one that accepts FastPay. It has attractive features that are beneficial for beginners as well as professional traders.
This obviously called online broker provides binary options. It was formed in 1999, making it among the market’s oldest companies with a long track record. They have more than one million active members all over the world.
Deriv, unlike many other firms, offers a variety of trading systems to pick from, including Binary Bot, MT5, and SmartTrader. Newbies and experts alike may benefit from their network by using the trading platform that best suits their expertise level or simplicity of use.
It is an award-winning site in terms of image. The platform has received multiple honors from renowned financial sector reviews throughout the years.
You can use the demo account or select one of the following three account types for trading.
- Synthetic Account
This account gives you a chance to trade on synthetic indices. These are indices that imitate the movements of actual assets. Please be aware: The assets you’re trading with this account aren’t affected by activities in real life, such as financial reports.
- Financial Account
The financial account is what you maybe know as a “standard account” from other brokers. You can earn profits and can withdraw your profits on Deriv anytime with FastPay.
- Financial STP Account
With this account, Deriv allows you to trade on minor, exotic, and major currency pairings. They got narrow margins and huge trading volumes.
Here are some facts about Deriv:
- Maximum revenue: $1-5M
- Minimum deposit amount on Deriv: $5
- Assets: 50+ stocks, commodities, indices, and cryptocurrencies.
- Outlets: Windows, IOS, Android
- Payment methods: Credit or Debit Cards, Wire Transfers, E-wallets, Perfect Money, Skrill, Neteller, Jeton, Web Money, QIWI, Paysafe Card, STICPAY, Airtm, and more
- Fastpay deposits: Available
- Fastpay withdrawals on Deriv: Available
- Deposit fees for Fastpay: No
- Withdrawal fees on Deriv for Fastpay: No
(Risk warning: Your capital can be at risk)
#2 IQ Option – Reputable FastPay broker established in 2013
IQ Option is a legitimate broker and a well-known name in the financial services sector. We suggest IQ Option to players of all calibers, from the amateur to the expert. IQ Option was established in 2013 by IQ Option LTD.
On IQ Option’s website, customers can trade binary options, equities, forex, exchange-traded funds (ETFs), commodities, and cryptocurrencies as well.
A wire transfer on IQ Option can last about 5 days. You can use FastPay as a payment method on this broker’s platform. The minimum amount is $10. Deposit charges on IQ Option will not be applied.
Your initial IQ Option deposit will determine the currency that your profile is set up with. So, you would not be able to alter it if you choose IQ Option’s multiple currency options (e.g., Euro, USD, or GBP).
You may practice trading with an IQ Option demo account that makes you sure to trade from this very platform using your real money then.
With IQ Option, you may trade Digital, Forex, and Binary options. With Forex options on IQ Option, you may begin trading with as little as $30. FX options have the potential to payout up to 2000% of the original investment.
There are three kinds of trading accounts offered by IQ Option:
- Demo Account
IQ Option offers to begin practicing with a $1000 virtual balance. There is no time limit for using this account.
This option’s goal is to introduce users to a variety of trading methods. Using the demo account does not need you to signup or give out any personal details. Other online platforms do not always operate in this manner, though.
- Standard or Live Account
It is used for trading in real-time, with live funds for about 300 commodities, including cryptocurrencies, binary options, digital options, CFDs, and currency pairs. It’s worth knowing that the platform does not allow the residents of the European Union to trade on it.
The minimum deposit is ten dollars ($10). It has a minimum trading amount of $1.00. IQ Option’s regular account is easier for newbies to use.
- VIP Member
People who deposit at least $1900 within two days qualify for an IQ Option VIP account. As the name indicates, this account type is only available to VIP members. Traders that upgrade to a VIP account will get accessibility to a dedicated account manager, as well as an extra 3% in returns and free entry into IQ Option’s trading competitions.
To top it all off, VIP account members get access to private tuition and other trade resources not available to normal users. VIP accounts aren’t accessible to residents of the EU because of ESMA limits on trading.
Here are some facts about IQ Option:
- Withdrawal fees: 0
- Minimum trade: $10
- The minimum deposit on IQ Option: $10
- Assets: Forex, Stocks, Cryptos, Commodities, Indices, ETFs
- Outlets: IOS, Windows, Apple,
- Payment methods: Credit or Debit Cards, Wire Transfers, E-wallets
- Fastpay deposits: Available
- Fastpay withdrawals on IQ Option: Available
- Deposit fees for Fastpay: No
- Withdrawal fees on IQ Option for Fastpay: No
(Risk warning: Your capital can be at risk)
#3 Pocket Option – Quick to cash out and quick to win
Many people choose the one-click approach of binary trading to implement their existing market strategy swiftly. It’s possible to select expiration periods ranging from one minute to five minutes on Pocket Options trading website. Choose this broker if you want a platform that accepts FastPay with additional attractive features for traders.
At the start of 2017, Pocket Option was quickly adopted by several binary traders as a top choice. Traders’ wishes and wants have been considered as the platform has evolved as a binary broker since then.
It is a broker that has its headquarters in the Republic of the Marshall Islands. The trading terminal is simple, convenient, and innovative. Pocket Option is regulated by the IFMRRC.
There are a variety of options kinds, each with unique benefits and disadvantages that may be tailored to fit the trading style of every individual.
Binary Options of the High-Low kind are the most traditional and often traded. A trader may benefit if the market rate increases or decreases using this option. Accurate prediction of whether a market will rise or fall is essential for successful traders.
Furthermore, the Pocket Option does not charge any fees for withdrawals, so you can keep withdrawing every penny from FastPay.
Before deciding on a binary options broker, we suggest you use a small amount of money. So, start with a $50 minimum deposit and trading limit.
Here are some facts about Pocket Option:
- Minimum trade: $1
- Minimum deposit amount on Pocket Option: $50
- Assets: stocks, indices, cryptocurrencies, commodities, and Forex
- Outlets: desktop version, Pocket Option mobile app, Android and Apple
- Payment methods: Credit or Debit Cards, Cryptos, E-wallets, Skrill, Neteller, Web Money, Z Cash
- Fastpay deposits: Available
- Fastpay withdrawals: Available
- Deposit fees for Fastpay: No
- Withdrawal fees on Pocket Option for Fastpay: No
(Risk warning: Your capital can be at risk)
Withdrawals with Fastpay explained
Fastpay allows you to transfer money from your trading account to your bank account quickly and easily. Most online platforms that accept Fastpay as a payment method do not charge a fee for Fastpay withdrawals. Transfers can usually be completed within 24 hours, but transfer times may vary depending on the bank and country. To ensure a smooth withdrawal via Fastpay, you should monitor your withdrawal request carefully and contact your broker if necessary. If you experience any problems or delays with your withdrawal, you can always contact your broker’s customer support.
Alternatives to American Fastpay
Some alternatives to American FastPay are:
- PayPal
- Stripe
- Square
- Credit card payments
- Debit Card Payments
- UnionPay
- Skrill
- Neteller
All of these are popular payment systems nowadays. You can send and receive money for small fees, manage transactions, and access reporting and analytics, thanks to these platforms.
Conclusion: Try binary options brokers that accept FastPay!
We have compared various trading platforms that offer FastPay for payments. These are Deriv, IQ Option, and Pocket Option. So if you want to start trading on broker platforms with the FastPay payment option, choose one of the three options and try! Do not hesitate to trade. We wish you good luck!
Our list of the top binary brokers that accept FastPay includes these brokers, in the following order:
- Deriv – Our number one binary options broker supporting FastPay
- IQ Option – Reputable FastPay broker established in 2013
- Pocket Option – Quick to cash out and quick to win
(Risk warning: Your capital can be at risk)
Frequently asked questions (FAQ) about Fastpay for binary options trading:
Is American Fastpay safe to use for transactions in binary options trading?
Yes. SSL encryption, two-factor authentication, fraud detection, and PCI compliance protect high-level safety. Fastpay employs advanced encryption and security measures to protect user data and financial transactions. Additionally, the binary options brokers that we presented here that support Fastpay generally have robust security protocols in place to ensure the safety of their clients’ funds.
How long do Fastpay transactions take in binary options trading?
Fastpay transactions are typically processed quickly, with deposits often appearing instantly in a trader’s binary options account. Withdrawals may take slightly longer, depending on the broker’s processing times and Fastpay’s internal procedures. It’s advisable to check with your broker for specific transaction timeframes.
Can I use Fastpay with any binary options broker?
Not all binary options brokers support Fastpay as a payment method. It’s essential to check with your preferred broker to determine if they offer Fastpay as an option for deposits and withdrawals. However, Deriv, IQ Option and Pocket Option support Fastpay.
What is Fastpay, and how is it utilized in binary options trading?
Fastpay serves as a digital payment solution that allows users to transfer funds swiftly and securely to their binary options trading accounts.
By incorporating Fastpay into their payment infrastructure, brokers can provide traders with a streamlined and convenient deposit and withdrawal experience.
To utilize Fastpay, traders must first establish an account with the service, connect it to their chosen funding source (e.g., a bank account or credit card), and subsequently use this account to finance their binary options trading endeavors.
Can American Fastpay be integrated with other payment solutions or platforms?
Yes, it can be integrated with other payment solutions or platforms. To do so, try the best binary options brokers´ platforms we’ve presented in this article:
Deriv, IQ Option, Pocket Options.
