Choose your quick section of our best Sofort Payment Forex Brokers below.
Our 3 Best Handpicked Sofort Payment Forex Brokers Revealed:
Klarna is one of Europe’s largest banks and the company provides payment solutions to over 90 million consumers across 200,000 merchants in 17 countries worldwide. Sofort is also referred to as ‘Pay now with Klarna’ in the UK. Here is an overview of the top 3 Forex Brokers and Trading Platforms accepting Sofort.
XM Group
XM Group (XM) is a group of regulated online brokers regulated by the Cyprus Securities and Exchange Commission.
Pros and Cons
| Pros | Cons |
| Low stock CFD and withdrawal fees | Limited product portfolio |
| Easy and fast account opening | Average forex and stock index CFD fees |
| Great educational tools | No investor protection for non-EU clients |
XM offers traders more than 1000 financial instruments to trade on both the MT4 and MT5 platforms, including Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs. Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs. Traders must take note that XM does not offer binary options or futures.
Trading Benefits
| Trading Features | Accounts Offered | Funding Methods |
| Negative Balance Protection | Micro | Wire Transfer |
| Low Spreads | Standard | Credit/Debit |
| Low Commission | XM Zero | Neteller |
| Hedging Allowed | UnionPay | |
| Scalping Allowed | WebMoney | |
| Qiwi |
Customer Service is available via live chat, Phone and email support.
EasyMarkets
EasyMarkets is one of the most popular choices for Beginners and is regulated by CySEC (Cyprus) and ASIC (Australia) and offers beginner forex traders:
- Enhanced risk management tools as standard
- Fixed spreads on all forex pairings
- An easy-to-use forex trading platform
Pros and Cons
| Pros | Cons |
| Segregates client funds | Doesn’t offer VPS |
| Established in 2003 | Limited range of instruments |
| Regulated by CySEC and ASIC | Not FCA Regulated |
| Min. deposit from $1 |
The available trading platforms offered are MT4 and the EasyMarkets web platform.
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 | Payoneer |
| Guaranteed stop loss | Standard account | Neteller |
| Offers Negative Balance Protection | Islamic account |
Customer Support is available 24/5 via various chat channels, email, phone and web forms.
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.
Conclusion
Sofort by Klarna is indeed a safe and secure choice with PIN and TAN codes and account details never being made public. The payment form is also known to make use of state-of-the-art encryption technology.
FAQs
Is a Sofort download required?
No. There is no need to make a download in order for Payment to be made. However, a mobile app is made available.
Are Sofort payments made immediately?
Yes. In fact, The definition and meaning of ‘Sofort’ in German translates to ‘immediately’ or ‘instantly’.
Is the Klarna (of which Sofort is a part) company trustworthy?
Yes. Klarna has been an established, trusted company for over 15 years and it is used by millions of consumers worldwide.
Which currencies are accepted by Sofort?
Currencies accepted includes AUD, CAD, CHF, DKK, EUR, GBP, NOK, SEK and USD.
Is Sofort accepted in all countries globally?
No. Accounts mainly available within Europe, including France, Sweden, Finland, Norway, Denmark, German, Austria, Netherlands, Switzerland, Belgium, UK, Italy, Spain, Poland, Australia and the USA, are supported.
Is Sofort payment cancelation possible?
No. Neither payment cancelation nor chargeback requests are made available.
Do all Forex Brokers accept Sofort?
No. Despite its popularity, convenience and speed, Sofort is not as commonly offered.
Top 4 Brokers
