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Forex Brokers Accepting Trustly

Written by Eugene Lee, CFA
Eugene Lee, CFA, is an investment strategist and quantitative researcher with over two decades of experience navigating global markets. Having worked on trading and portfolio management teams covering multi-billion dollar portfolios across equities, fixed income, and derivatives.
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Trustly is a bank-to-bank payment processor that enables users to transact directly from their online banking accounts. The method is supported by thousands of banks across 33 countries. It is available at more than 9,000 merchants, with some online forex brokers also accepting it for deposits and withdrawals.

The following article covers the leading brokers that enable transactions with Trustly. Many of the featured brokers have competitive minimum deposit requirements and charge no additional fees for Trustly deposits. This review also covers their regulatory background, range of tradable markets, pricing structure, leverage ratios, and platform availability, among other key factors.

1Plus500 US logoPlus500 US
Rating: 4.2 ⭐
This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.
Top Rated
2eToro logoeToro
Rating: 4.2 ⭐
50% of retail investor accounts lose money
3Capital.com logoCapital.com
Rating: 4.6 ⭐
69% of retail investor accounts lose money when trading CFDs with this provider.
4Libertex logoLibertex
Rating: 3.9 ⭐
86% of retail investor accounts lose money
5Oanda logoOanda
Rating: 4.1 ⭐
72% of retail CFD accounts lose money
6Tickmill logoTickmill
Rating: 4.1 ⭐
70% of retail investor accounts lose money

Forex Brokers Accepting Trustly Ranked by Trustpilot Score

Comprehensive Comparison of the Top 6 Forex Brokers Accepting Trustly

Forex BrokerMin DepositMin WithdrawalFeesMax LeverageTrading PlatformsRegulatorsTrust Pilot Rating
1. Capital.com$/€20$/€50None1:30 (Retail)
1:500 (Professional)
MetaTrader 4, MetaTrader 5, TradingViewASIC, FCA, CySEC, SCB, SCA (UAE), CMA4.6 ⭐
2. eToro€50 (€100 first-time deposit)€30€51:30 (FCA, ASIC, CySEC); 1:400 (FSA)eToro Investing, eToro App, TradingView, eToro CopyTrader, ProprietaryFCA, CySEC, ASIC, MFSA, FSRA, FSA, FINRA/FinCEN, AMF, SEC, GFSC4.2 ⭐
3. Plus500€100€100€10 for withdrawals below the minimum threshold1:30 (1:300 for Professional Accounts) *Professional clients lose their ICF rightsProprietary, desktop and mobile platformsFSA (No.4.1-1/18), FCA (No. FRN 509909), CySEC (No.250/14), FMA (No.47546), SFSA (No. SD039), MAS (No. CMS100648), DFSA (No. F005651), ASIC (No. 417727), BaFin registration, SCB (SIA-F250)4.2 ⭐
4. Tickmill€100€25None1:30
(1:500 for Pro EU Accounts)
1:1000 (Non-EU Accounts)
MT4, MT5, WebTrader, ZuluTrade, TradingViewCySEC (No. 278/15), FCA (733772), CONSOB (No.4310), BaFin (No.146511), ACPR (No.75473), CNVM (No.4082), FSA Seychelles (SD 008), FSCA (FSP 49464), DFSA (F007663)4.1 ⭐
5. Oanda€25-€20 to €35 for bank transfer withdrawals1:30 (Europe)
1:50 (US)
1:20 (Singapore)
MT5, TradingView, OANDA Web, OANDA Mobile, fxTradeFCA, CFTC, KNF, MAS, CIRO, ASIC, FSA (Japan), FSC (British Virgin Islands), MFSA4.1 ⭐
6. Libertex€10 (€100 initial deposit)€10€1 for card withdrawals, €2 to €10 for bank transfer withdrawals1:30 (EU)
1:1000 (Non-EU)
Libretex Trading Platform, MT4, MT5CySEC (CIF Licence number 164/12), BaFin (BaFin ID: 10161686 / Bak No.: 161686), SVGFSA (No. 1278), FSCM3.9 ⭐

Top Brokers Accepting Trustly

  1. TRADE NOW READ REVIEWTrustpilot Rating
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    Tickmill has been operating since 2014 and serves over 620,000 traders from more than 180 countries. The broker offers over 600 financial markets, including 60 forex pairs, stocks, commodities, cryptocurrencies, indices, bonds, and exchange-traded funds. The company holds licenses from FCA, CySEC, FSA, and FSCA.

    The broker is registered with regulators in Germany, France, Spain, and Italy but serves customers in these countries under its CySEC license, which complies with MiFID II. Traders can deposit via Trustly, PayPal, Skrill, Neteller, and Mastercard. Tickmill offers instant deposits starting from €100 for both Classic and Raw accounts.

    The minimum withdrawal is €25, with Trustly withdrawals processed within approximately one business day. Deposits and withdrawals via Trustly carry no additional fees. Trustly transactions are supported in EUR, PLN, NOK, SEK, DKK, GBP, and CZK.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  2. TRADE NOW READ REVIEWTrustpilot Rating
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    Established in 2007, eToro offers over 9,000 financial markets, including 65 currencies, commodities, indices, ETFs, and thousands of stocks. The broker is regulated by the FCA, CySEC, ASIC, and FSA. Deposits via instant banking through Trustly are supported, with deposits of up to $40,000.
    Trustly can be used for both deposits and withdrawals. Initial deposits start from $50 in most regions, with subsequent minimums of $10 in the UK, $1 in the US, and $50 in most other countries. Trustly is available to eToro clients in Finland, Estonia, Sweden, Lithuania, Latvia, and Norway.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
  3. TRADE NOW READ REVIEWTrustpilot Rating
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    Plus500 operates in over 65 countries and holds licenses from financial regulators including the FCA, ASIC, CySEC, CFTC, and FMA. The broker offers over 2,800 CFDs across forex, commodities, stocks, indices, cryptocurrencies, and options. Retail traders can access leverage of up to 1:30, while professional traders can access up to 1:300 for major forex pairs. Customers can deposit via bank transfer, debit and credit cards, PayPal, and Skrill. Trustly is also available for deposit and withdrawal with no additional fees. The minimum deposit via Trustly is $100. Withdrawal requests are processed within 1 to 3 business days. Combined monthly withdrawals exceeding $/€15,000 require additional video-call verification.

    79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
  4. TRADE NOW READ REVIEWTrustpilot Rating
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    Founded in 1996, OANDA operates globally with licenses from the FCA, KNF, ASIC, MAS, and CIRO. Customers can access over 1,700 markets through platforms such as MT5 and TradingView. The broker accepts payments via Visa, Mastercard, TrueLayer, online banking, and bank transfers.
    The minimum deposit is €25, with no minimum balance required to register and maintain a live account. Deposits via instant banking are capped at €50,000 per transaction. Supported base currencies include EUR, GBP, CZK, and USD.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
    72% of retail investor accounts lose money when trading CFDs with OANDA TMS Brokers S.A.
    You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  5. TRADE NOW READ REVIEWTrustpilot Rating
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    Capital.com serves over 800,000 traders worldwide with licenses from CySEC, FCA, ASIC, SCB, and SCA. Customers have access to over 5,000 financial instruments, including forex, indices, stocks, and cryptocurrencies. The broker supports industry-standard platforms including MT5, MT4 and TradingView. Deposit methods include debit and credit cards, PayPal, Neteller, Skrill, iDEAL, and Volt.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement.
  6. TRADE NOW READ REVIEWTrustpilot Rating
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    Libertex is a retail broker with over 27 years of trading experience operating as part of the Libertex Group, serving more than 120 countries. The broker offers variable spreads and round-turn commissions of $5 per standard lot. Libertex provides pricing on over 1,000 CFD markets covering stocks, forex, cryptocurrencies, metals, and indices. European operations are regulated by CySEC under license number 164/12. Libertex supports payment methods including PayPal, Skrill, Neteller, Przelewy24, and Trustly, which enable instant deposits at no additional cost. The minimum deposit across supported methods is €100. Withdrawals are fee-free and typically processed within 1 to 5 business days depending on the payment solution.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How to Deposit via Trustly

Launched in 2008, Trustly is a Stockholm-based payment solution that allows traders to transact directly from their online banking accounts. The method uses open banking across 33 countries, including Sweden, Finland, Denmark, Germany, France, Estonia, Lithuania, and the Netherlands.

More than 12,000 partnering banks support Trustly transactions, including Bank Austria, Raiffeisen, and Erste Bank. Trustly supports transactions in EUR, GBP, SEK, NOK, DKK, CZK, and over 20 other currencies.

Funding your forex trading account via Trustly is instant. Simply confirm the payment using your online banking credentials, which involves the following steps:

  1. Navigate to the deposit section of your trading account and choose Trustly as your payment method.
  2. Enter your preferred deposit amount, click the Deposit button, and select your bank from the list of supported financial institutions. Trustly recognizes returning users and can automatically display or pre-select their last used bank, which speeds up subsequent deposits.
  3. Enter your online banking credentials to access your bank account and confirm the payment.
  4. Your bank may request an SMS code to verify the transaction, depending on your account’s security settings. Some online banking applications have multi-factor authentication, requiring a PIN code, fingerprint, or facial ID to authenticate transactions.
  5. Once you confirm the deposit, the funds will reflect in your trading balance within seconds.

Trustly operates as a direct payment method that does not require pre-funding or registration. Its integration with existing bank security protocols helps ensure that additional security steps are not required to safeguard transactions.

Is KYC Required When Depositing via Trustly?

Brokers regulated in Europe, Trustly’s primary target market, generally require customers to undergo an obligatory identity and source of funds verification as part of their Know Your Customer (KYC) policies. At many forex brokers, clients must verify their identities during the registration process by uploading legible copies of their documents. Traders are typically unable to deposit before successfully completing the verification. These requirements are in place to prevent illicit activities like identity theft, money laundering, and terrorist financing.

Onboarding customers must upload photos of an identity document (passport, national identification card, or driver’s license), proof of address (utility bill or residential permit), and proof of payment method (bank statement, transaction receipt). Only legible documents are accepted. Some brokers require video-call verification. It takes several hours to two business days to complete the process if all documents are in order.

Trustly payments do not require additional KYC verification as your identity is confirmed when you deposit for the first time with your online banking details. In early 2025, Trustly introduced Trustly ID, a biometric-based KYC solution. It uses native device features like facial recognition and fingerprint authentication to support and simplify identity verification during the login process.

How to Withdraw via Trustly?

Some brokers accept Trustly only for deposits, while others also enable withdrawals with the method. If available, Trustly withdrawals involve the following steps:

  1. Visit the withdrawal section in the client area and select Trustly as your preferred withdrawal option.
  2. Enter the amount you want to withdraw.
  3. Confirm the withdrawal amount and send the withdrawal request. The system may then ask you to log into your online banking account via Trustly’s flow, similarly to deposits.
  4. The broker must review and approve the payment before releasing the funds from your balance. Approval timeframes can extend to 2 business days, depending on the broker.

After approval, the funds are sent directly to the bank account you used for Trustly deposits, often arriving within one business day. Many brokers impose minimum and maximum withdrawal restrictions on Trustly transactions, and some may limit withdrawals to the same bank account used for the initial deposit.

The availability of Trustly varies across forex brokers. Sometimes the method is included in the broader category of Instant Banking rather than being listed individually by name. Traders seeking alternatives can use e-wallets like Skrill, Neteller, and PayPal, which are commonly supported by forex brokers and offer comparable efficiency.

Such e-wallets enable instant, fee-free deposits and are broadly supported for withdrawals. Traders initiate transactions using their e-wallet login credentials without exposing banking information.

Alternatively, traders from certain countries like Germany, Denmark, Norway, Italy, and France can deposit with similar payment methods like Klarna, which also enables direct transfers through their online banking accounts. Unlike Trustly, Klarna generally requires registration and is less broadly available.

Another option is to use credit and debit cards, as Visa and Mastercard are supported by most brokers. Card deposits are instant, while withdrawals require between 1 and 3 business days to receive.

How Trustly Measures Against Other Payment Methods at Forex Brokers
TrustlySkrillNetellerPayPal
Supported Countries33+100+100+200+
Supported Currencies10+40+4025
Funding Options12K connected banksTrustly, Przelewy (P24), Rapid Transfer, credit/debit card, Paysafecard, Sofort, ePay, bank transfer, iDEAL, PIX, Multibankco, myBankBank transfers, bank cards, Paysafecard, Trustly, iDEAL, Rapid Transfer, etc.Bank transfers, bank cards
Transaction LimitsNone; Merchants have their own regulations with regard to transaction limits.From $3,000 to unlimited for verified accountsUp to $50,000 depending on account status$0.01 to $60,000 per transfer
Funding FeesNone0% for the US; up to 5% for the UK; up to 5% for Australia; up to 5% for Europeup to 2.5%$1.95 / €1.50 to link card
Currency Conversion FeesBased on a reference currency exchange rate provided by Oanda, to which Trustly adds an FX fee, displayed prior to authenticating the transaction.3.99%3.99%2.5 % to 4.5%
Security FeaturesSSL, 2 FA, Biometric authenticationSSL, 2 FA, Biometric authenticationSSL, 2 FA, Biometric authenticationSSL, 2FA, Biometric authentication, passcode
Mobile CompatibilityWeb-based mobile appAndroid 7.0; iOS 15.0Android 7.0; iOS 14.0Android 6.0 and up; iOS 15.0
Deposit TimeframeInstantInstantInstantInstant
Withdrawal Timeframe*Within 24 hoursWithin 24 hoursWithin 24 hoursWithin 24 hours
Trading Transactions FeesFreeFreeFreeFree

*Timeframes are approximate and may vary across different forex brokers.

Below you can find some alternatives of Trustly that you may use:

Written by E. Lee, CFA