InstaForex offers a wide range of payment methods. The process of funding a trading account is quite easy and will not take much time: 2 minutes for a bank card transfer, 2 minutes for a transfer via payment systems, 1-3 days for a bank transfer, and 1-4 hours for cash replenishment.
Payment methods review
|Deposit||Withdrawal||Currency||Deposit processing period||Deposit fee|
|Bank card payment||Moneybookers/Skrill||Moneybookers/Skrill||All currencies||up to 24 hours||No fees|
|PayAnyWay||Moneybookers/Skrill, Liqpay, bank wire||Instant|
|ChronoPay||Moneybookers/Skrill, Liqpay, bank wire, SolidTrustPay, Neteller|
|ePayments card||v||Moneybookers/Skrill, Liqpay, STP, Bank Wire transfer||USD||up to 7 hours||2% commission|
|InstaForex MasterCard||v||Moneybookers/Skrill, Liqpay, STP, Bank Wire transfer||USD||up to 7 hours||No fees|
|Bank wire||v||Bank wire, Moneybookers/Skrill, Neteller||All currencies||up to 2-4 days||Bank fees|
|MoneyBookers/Skrill||v||v||USD||up to 24 hours||No fees|
|Neteller||v||v||All currencies||up to 24 hours||No fees|
|Filspay||v||v||USD||up to 7 working hours||2.5% system’s fee|
|W1||v||Moneybookers/Skrill, Liqpay, bank wire||USD||up to 7 working hours||No fees|
|CashU||v||Moneybookers/Skrill, Liqpay, bank wire||USD||up to 7 working hours||No fees|
|EgoPay||v||v||USD, EUR||Instant||No fees|
|Ukash||v||Moneybookers/Skrill, Liqpay, bank wire||All currencies||up to 7 working hours||6,5% system’s fee|
|China Union Pay||v||China Union Pay, Moneybookers/Skrill, bank wire transfer||All currencies||Instant||System’s commission|
|PayCo||v||PayCo||Any currencies||Instant||System’s commission|
|Paxum transfer||v||v||USD||1-7 working hours||No fees|
|LiqPay||v||v||USD, EUR, RUR, UAH||Instant||No fees|
|B-Pay.md||v||v||USD||up to 7 working hours||No fees|
|OnlineNaira||v||v||NGN||up to 7 working hours||System’s commission|
|Local transfers||v||v||All currencies||up to 1-2 days||Banking fees|
*All withdrawal requests are processed by InstaForex Finance Department from Monday to Friday, 10 a.m. – 7 p.m. (UTC+3).
|InstaForex MasterCard||Prepaid bank debit card Payoneer. It is associated with the account in a foreign bank (North America) and can be used as a universal method of money withdrawal from InstaForex trading account anywhere in the world. All operations with the prepaid card are totally confidential, no information is provided to a tax or regulatory authority of any country. With the help of InstaForex MasterCard, you can withdraw funds from your InstaForex trading account within 24 hours. Note: You can monthly withdraw to your card up to $3,000 with a minimum fee possible, 2%.|
|ePayments Card||Prepaid bank debit card ePayments. is linked to a banking account in the UK’s banks and is a great tool to access funds in your InstaForex trading account wherever you are. The ePayments card allows you to withdraw money directly from your InstaForex trading account. Besides, the owners of ePayments card can withdraw cash at any ATM that has MasterCard, Maestro, or Cirrus logo. Also, you can make purchases online or via POS-terminal commission-free. You can monthly withdraw to your card up to $5,000 with a minimum fee possible, 2%.|
|SolidTrustPay||SolidTrustPay was designed so that anyone with an email account can send or receive SolidTrust funds. The company launched in April, 2006 and has grown to serve millions of clients worldwide. In addition to providing exceptional EWallet services, SolidTrust provides direct merchant credit card processing accounts.|
|MoneyBookers/Skrill||Moneybookers is an e-commerce business that processes Internet payments. Moneybookers is registered as a Money Service Business with HM Revenue and Customs in the United Kingdom, and is licensed to operate within the European Union. The company is regulated by the Financial Services Authority of the United Kingdom.
Moneybookers allows sending and receiving payments to/from 200 countries and territories in 41 currencies, supports major credit/debit cards and around 100 local payment options.
|LiqPay||LiqPAY – an open payment system that enables easy transfer of money via mobile phone, internet and payment cards worldwide. No need to register in the system to become a user. To work in the system, you need only a mobile phone and access to the internet.
LiqPAY is independent of mobile operators and issuing banks. There is no need to negotiate with each of them and ensure that their customers could use LiqPAY. It is highly secured system. Technology is provided by OTP. There are no restrictions on the country, mobile operator, or bank.
|B-Pay.md||B-Pay – a Moldovan electronic payment system that allows its users to fully accept and make payments via the Internet. Using the b-pay, you can pay for the public services, Internet service providers, to make payments to other economic agents to send SMS messages to different countries, as well as to pay for purchases in the store.|
|CashU||CashU is a Payment Service Provider with a focus on internet payments in Middle East and North Africa. The head office is in Dubai. CashU was established in 2002 by Maktoob (now Yahoo). CashU serves online shoppers in all Arabic speaking and surrounding countries with secure, accessible and easy-to-use payment solutions, giving everyone the possibility to buy online without discriminating on age, income, nationality, or banking contacts.|
|ChronoPay||ChronoPay is one of the famous Payment Service Providers on the European market. Headquartered is in Amsterdam, the Netherlands. ChronoPay meets the highest security standards as required by the major credit card organisations – Visa, MasterCard, and American Express (PCI compliancy).|
|China Union Pay||China Union Pay is the only domestic bank card organization in the People’s Republic of China. Founded in March 2002, China Union Pay is an association for China’s banking card industry, operating under the approval of the People’s Bank of China. This payment method is available for Chinese people only.|
|Payonline||PayOnline System is a part of the Russo-American consortium group. PayOnline System offers Internet acquiring for all companies and clients willing to accept and send electronic payments using bank cards.|
|NETELLER||The NETELLER is a free online payment account that you can use to make deposits and pay for goods on thousands of sites. You can also use your eWallet to accept payments from other sites or individuals.|
|W1||Payment service “Wallet One” — is quick and easy payments with mobile phone or computer. Moreover, it allows send sms-messages and make international calls all over the world.|
|PayAnyWay||Payment service provider PayAnyWay was founded in April 2010 as individual project, using most relevant technological and financial solutions for acceptance of payments towards online stores and services. The major task of the project is provision of simple, handy and safe payment method for any company regardless of its size, occupation and accounting currency. Basic requirement to our partners’ business is Russian and international legislation as well as Conduct and moral standards compliance.|
|Ukash||Getting Ukash is easy and convenient. Ukash is available at over 420,000 outlets worldwide, in over 55 countries. You can get Ukash from shops, petrol stations, kiosks, ATMs and online. You simply exchange your cash for a unique 19-digit Ukash code. Ukash is a safe payment method. Your Ukash code can be used to pay at thousands of websites that accept Ukash. You can also load prepaid cards and eWallets.|
|Local transfers||Local transfers are payments processed by authorized representatives of InstaForex to the clients’ accounts. It is easy and secure way of depositing and withdrawing money.|
|Filspay||Filspay is a solution for people who want to use micro payments without using visa or master card so there’s no chance of anyone to access their financial details.It’s also for those who don’t have credit card. Spending using FilsPay is like spending cash. Filspay prepaid cards sold in 4 dominations which are 3 Fils, 10 Fils, 35 Fils, 100 Fils. A list of authorized resellers can be found at reseller page.|
|Paxum||Paxum is an Ewallet Payment Service. There are two parts of accounts in Paxum system: the Paxum ewallet and the Paxum MasterCard. Everyone can get an ewallet when they sign up, and everyone can request the Paxum Mastercard.|
|PayCo||PayCo is an Electronic Payment Service that enables you to send and receive electronic payments.|
|OnlineNaira||OnlineNaira is the most suitable Payment Gateway for using among Africans. You can use OnlineNaira to pay for items ans services at any of the hundreds of online retailers. OnlineNaira is a safe, fast, secure way to pay online. There are no chargebacks.|