All Share (J203) = 90 150
Rand / Dollar = 18.16
Rand / Pound = 23.56
Rand / Euro = 19.75
Gold (usd/oz) = 3 036.60
Platinum (usd/oz) = 999.64
Brent (usd/barrel) = 70.70
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

10 Best POLi Payments Forex Brokers

POLi Payments Forex Brokers use POLi which is an online payment service provider based in AustraliaPOLi allows users to pay for various goods and services online without the need to use a credit card.

Choose your quick section of our best POLi Payments Forex Brokers below.

Our 10 Best Handpicked POLi Payments Forex Brokers Revealed:

POLi connects directly with a user’s bank account, and the money will be transferred to the merchant via POLi’s proprietary system. Here is an overview of the 10 Best POLi Payments Forex Brokers and Trading Platforms.

 

A review of RoboForex
 

Roboforex

 

Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading.  RoboForex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 2009 Not FCA Regulated
Regulated by IFSC Belize
Min. deposit from $10

 

When starting off with Roboforex traders will need to make a minimum deposit of $1 and there is an option available for a demo account for those who would like to get acquainted with the platform.  Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs.  Roboforex offers over 100 instruments and over 35 currency pairs in total.   Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders.   Roboforex also offer mobile apps for Android and iOS.

 

Trading Benefits

Trading Benefits Accounts Offered Funding Methods
Allows scalping Micro Credit cards
Allows hedging Mini Bank Transfer
Offers STP Standard Payoneer
Low min deposit Zero Neteller
ECN
STP
Islamic

 

Customer support is available via phone, Webchat, WeChat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.

 

A review about Admiral Markets
 

Admiral Markets

 

Admiral Markets is an online broker which was founded in 2001 and offers Forex and CFDs trading, is globally recognized and has a head office based in the UK.  Traders will need a minimum deposit of $200 to start and can sign up for a demo account to in over 148 instruments and over 40 currency pairs.   Admiral Markets is authorised and regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA).

 

Pros and Cons

Pros Cons
Segregates client funds Inactivity Fee
Established in 2001
Regulated by CySEC
Min. deposit from $100

 

Admiral Markets offers both of the MetaTrader platforms; MT4 and MT5 and mobile apps for Android and iOS.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Offers STP Mini account Skrill
Low min deposit Standard account Payoneer
ECN account Neteller

 

Admiral Markets offers multilingual customer support via Telephone, Live Chat and Email.

 

A review of FP Markets
 

FP Markets

 

FP Markets is a global, online broker regulated by the Australian ASIC and the Cypriot CySEC which was founded in 2005 and offer Forex trading and has a head office situated in Australia. When starting off with FP Markets traders will need to make a minimum deposit of $100 and a demo account is on offer with a wide variety of instruments and currency pairs on offer. Over 100 instruments and over 60 currency pairs in total are on offer, on the popular MT4 forex trading platform.  FP Markets also offers traders mobile apps for Android and iOS.

 

Pros and Cons

Pros Cons
Low Forex Fees High Stock CFD fees
Easy Account Opening Limited Product Portfolio
Quick Deposit and Withdrawal Outdated Platform

 

Trading Benefits

Trading Benefits Accounts Offered Funding Methods
Allows scalping Mini Bank Transfer
Allows hedging Standard Credit/Debit
Offers STP ECN Electronic Wallets
Low min deposit STP
Offers Negative Balance Protection Managed

 

All accounts support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish, Indonesian, Thai, Malay, German, Vietnamese. Customer Service is available via email, phone and live chat.

 

A review of IC Markets
 

IC Markets

 

IC Markets is a regulated Forex ECN and CFD broker which offers more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks and Futures on the MetaTrader 4, MetaTrader 5 and cTrader platforms for desktop, web and mobile.  IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 2007 Not FCA Regulated
Regulated by ASIC
Min. deposit from $200

 

IC Markets offers traders three main types of live trading accounts to choose from, including  Raw Islamic swap-free accounts and the use of a free demo trading account.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Mini account Bank Transfer
Offers STP Standard account PayPal
Low min deposit Zero spread account Skrill
ECN account Neteller
Islamic account

 

Customer support is available 24/7 via Live Chat, Phone and Email.

 

A review of Vantage FX
 

Vantage FX

 

Vantage FX is a Forex ECN and CFD broker which offers traders the ability to trade on 120+ tradable assets across Currencies, Indices, Commodities and U.S and Hong Kong Share CFDs on the MetaTrader platform for Mac, PC, iOS and Android and other social trading platforms.  Vantage FX is authorised and regulated by the Cayman Islands Monetary Authority (CIMA) under the name Vantage International Group.

 

Pros and Cons

Pros Cons
Strict Regulation No US Clients
Segregated Client Funds Restricted Leverage
300+ CFD Trading Instruments No Fixed Spread Accounts

 

Vantage FX offers traders access to the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Android and iOS.

 

Trading Benefits

Trading Features Accounts Offered Funding Methods
Pro Trader Tools Standard Wire Transfer
ZuluTrade Raw Credit Cards
MAM/PAMM Accounts Pro Neteller
Commission Free Accounts UnionPay

 

Customer support is available 24 hours a day, 5 days via phone, email, live chat and remote TeamViewer in English, Mandarin, Thai and Vietnamese.

 

A review about Pepperstone
 

Pepperstone

 

Pepperstone was founded in 2010 and is regulated by the Australian Securities and Investments Commission (ASIC), as well as the UK’s Financial Conduct Authority (FCA).

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 2010
Min. deposit from $200

 

Trading platforms on offer include MetaTrader 4MetaTrader 5 and cTrader. All three FX trading platforms come with a free demo account which will allow traders to test out the forex broker and platform for 30 days.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Mini account Bank Transfer
Offers STP Standard account PayPal
Low min deposit MAM/PAMM account Skrill
Offers Negative Balance Protection Islamic account Payoneer

 

Pepperstone offers 24/5 multiple language support via email, phone and live chat.

 

A review about AvaTrade
 

AvaTrade

 

AvaTrade is an online broker which was founded in 2006 and offers Forex, CFDs, Spread Betting and Social Trading and is a global broker with their head office situated in The British Virgin Islands. AvaTrade is regulated in Europe, the British Virgin Islands, Australia, Japan, and South Africa by ASIC, CySEC and FCA.

 

Pros and Cons

Pros Cons
Used by 200,000+ traders Doesn’t offer VPS
Established in 2006 Not FCA Regulated
Regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI
Min. deposit from $100

 

For those who are looking to start out with AvaTrade will need a minimum deposit of $250 and a demo account is available for those who want to get acquaint with the popular MT4 forex trading platform.  AvaTrade also offer mobile apps for Android and iOS.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Low min deposit Mini account PayPal
Standard account Skrill
Islamic account Payoneer
Neteller

 

Customer support is available by email, phone, or live chat.

 

A review about FXCM
 

FXCM

 

Forex Capital Markets Limited or FXCM is a Spread Betting, CFD and Forex trading broker, authorised and regulated by the UK Financial Conduct Authority under the Forex Capital Markets Limited and is part of the Leucadia Company, which offers users the ability to trade on Forex, Forex Baskets, Indices, Commodities and Crypto on its own proprietary Trading Station platform for Desktop, Web and Mobile, as well as on MetaTrader 4, NinjaTrader and ZuluTrade.

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 1999
Regulated by Financial Conduct Authority
Min. deposit from $1

 

FXCM offers traders 4 main types of trading accounts to choose from, including  Spread Betting, CFD Trading, Active Trader and Professional Clients. A Free Demo account is also made available.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Mini account Bank Transfer
Offers STP Standard account Payoneer
Low min deposit Islamic account

 

Customer Support is available via Live Chat, Phone, Email and SMS.

 

A review about CMC Markets
 

CMC Markets

 

CMC Markets is a multi-asset class spread betting and CFD broker which is regulated by the UK’s Financial Conduct Authority (FCA). Clients have the ability to trade on more than 9,000+ trading instruments covering Indices, Forex, Cryptocurrencies, Commodities, Shares and Treasuries, all on the MetaTrader 4 platform or the broker’s own proprietary, web-based Next Generation platform.

 

Pros and Cons

Pros Cons
Extensive range of offerings Does not accept U.S. clients
Regulated by FCA (U.K.) Differences between Next Generation and MT4
Emphasis on education & customer service High CFD spreads for certain indices
Research amenities are industry leading No back-testing or automated trading capabilities

 

CMC Markets offers a wide range of instruments to trade on covering all major asset classes such as 300+ Forex instruments, 60+ Indices, 15 Cryptocurrencies, 90+ Commodities, 30+ Treasuries and 9,000+ Shares and ETFs.

 

Trading Benefits

Trading Features Accounts Offered Funding Methods
No Deposit Bonus CMC Markets CFD Account Wire Transfer
Stop Loss CMC Corporate Account Credit Card
CMC Stockbroking Account e-Wallets
CMC Spread Betting Account
CMC Markets Professional Account

 

Customer support is available 24/5 via Live Chat, Telephone, and Email.

 

A review about UFX
 

UFX

 

UFX is a forex and CFD trading broker which is regulated by CySECUFX offers over 484 different instruments to trade, including over 49 currency pairs on the MetaTrader4 (MT4) or proprietary MassInsights platforms.

 

Pros and Cons

Pros Cons
Segregates client funds Doesn’t allow scalping
Established in 2007 Inactivity Fee
Regulated by CySEC Not FCA Regulated
Min. deposit from $500

 

To open a live trading account, traders will need a minimum deposit of at least $500.  Traders access to major markets like currencies, indices, commodities and shares.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows hedging Demo account Credit cards
Offers STP Micro account Bank Transfer
Offers Negative Balance Protection Mini account Payoneer
Standard account Neteller
Islamic account American Express
Credit cards

 

Multilingual Customer support is available by email, phone, or live chat.

 

Conclusion

POLi Payments continues to be a popular alternative when trading on Forex. Deposits through POLi are executed immediately and generally cost-free.

 

FAQs

 

Can POLi be used for making a deposit?

Yes.  POLi is a convenient solution when depositing funds into a Forex trading account.

 

Can POLi be used to make withdrawals?

No.  POLi cannot be used to withdraw profits and investors will need to choose an alternative method to do so.

 

Does POLi require a registration fee?

No. POLi does not require a registration fee from clients.

 

Is POLi safe to use?

Yes. POLi is known for being extremely security-conscious when it comes to their clients and the transactions made.

 

How fast are POLi deposits completed?

POLi deposits are completed instantaneously.

 

Will POLi reverse any transactions?

No.  Payments made via POLi cannot be reversed.

 

Will POLi make any personal information available?

No.  POLi will not store any credentials nor expose any personal information or banking details.

 

 

 

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 17, 2021

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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