Best Forex Brokers in the UK Accepting Payz in 2024 + Exclusive Cashback Offers!

Choosing the right forex broker can significantly impact your trading success. If you’re trading in the UK and looking for a broker that accepts Payz, you’re in the right place. Payz offers state-of-the-art security, seamless transactions, and a robust VIP program, making it an ideal choice for forex traders. In this guide, we'll introduce you to the top forex brokers that accept Payz and explain how eWalletBooster can enhance your trading experience with exclusive cashback offers and bonuses.

What You Need in a Forex Broker

Choosing a new forex broker is always challenging, especially if you're new to trading. Here's a list of essential criteria to help you select a reliable and efficient forex broker:

Questions to Ask When Choosing a Broker

1. Does the broker accept Payz?

2. What limits does the broker apply (if any) to Payz deposits/withdrawals?

3. Are there any fees from the broker for using Payz?

4. How long has the broker been in business?

5. Is the broker properly licensed and regulated?

6. Which governmental body/bodies regulate the broker?

7. Does the broker offer other investment options like CFDs or crypto?

8. What software does the broker use?

9. Does the broker offer customer service? Is there live chat?

With these questions in mind, you can evaluate the quality and reliability of any forex broker.

The Best Forex Brokers That Take Payz

eToro (UK)

• Bonus: Various promotional offers

• Licences: FCA (UK), CySEC, ASIC (Australia)

• Software: Tablet & Mobile apps, WebTrader

• Investment Options: Stocks & ETFs, Forex, CFDs, Crypto

• Restricted Countries: Limited restrictions

Ratings:

• Bonus: ⭐⭐⭐⭐

• Licence: ⭐⭐⭐⭐⭐

• Deposits: ⭐⭐⭐⭐⭐

• Investment Options: ⭐⭐⭐⭐⭐

• Software: ⭐⭐⭐⭐⭐

• Support: ⭐⭐⭐⭐

USE PAYZ WITH ETORO (UK)

IC Markets (UK)

• Bonus: Various promotional offers

• Licences: CySEC, FSA (Seychelles), ASIC (Australia), FSA

• Software: MT4, MT5, Mirror Trader, WebTrader, ZuluTrade, cTrader

• Investment Options: Stocks, Forex, CFDs, Crypto

• Restricted Countries: Limited restrictions

Ratings:

• Bonus: ⭐⭐⭐⭐

• Licence: ⭐⭐⭐⭐⭐

• Deposits: ⭐⭐⭐⭐⭐

• Investment Options: ⭐⭐⭐⭐⭐

• Software: ⭐⭐⭐⭐⭐

• Support: ⭐⭐⭐⭐

USE PAYZ WITH IC MARKETS (UK)

🚀 Exclusive Benefits of eWalletBooster Collaboration with Payz

By collaborating with eWalletBooster, you can enjoy a range of exclusive benefits when using Payz for your forex trading needs:

• Get Payz “Gold VIP” status for FREE

• Earn cashback on your transfers via eWalletBooster rewards dashboard

• FREE P2P transfers as Gold VIP (usually 1.5%)

• FREE Verification (no deposit required!)

• Discounted 1.49% FX Fee as Gold VIP (usually 2.99%)

• Monthly eWalletBooster cashback via eWalletBooster rewards dashboard

These perks significantly enhance your trading experience, providing you with better terms, lower fees, and additional rewards.

How to Get the Most Out of Payz

Payz is a fantastic service, but the initial stages can be challenging. eWalletBooster offers an excellent, super simple, and free option by pairing your eWalletBooster and Payz accounts. Here's how this partnership benefits you:

Signing up with eWalletBooster is free, takes less than five minutes, and requires no personal financial information.

How to Deposit to a Forex Broker With Payz

Depositing with a forex broker using Payz is straightforward. Here's a step-by-step guide:

1. Log in to your chosen broker's website.

2. Navigate to the Deposit section, usually found in the account menu.

3. Enter the amount and currency you'd like to deposit.

4. Choose Payz as your payment method.

5. After being redirected to Payz, log in with your credentials.

6. Confirm the transaction.

Your funds will generally be available within one day, though most users find that they appear within fifteen minutes or less.

How to Withdraw from a Forex Broker With Payz

Withdrawing funds using Payz is similar to depositing. Follow these steps:

1. Log in to your broker's website.

2. Navigate to the Withdrawal section.

3. Enter the amount and currency you wish to withdraw.

4. Choose Payz as your withdrawal method.

5. Log in to Payz and confirm the transaction.

Funds typically clear within 2-3 business days.

FAQ

Is forex trading legal in the UK?

Yes, forex trading is entirely legal in the UK. Ensure that you use a properly licensed and regulated forex broker. Check the Financial Conduct Authority (FCA) Financial Search Register to verify your broker's legitimacy.

Is Payz a good choice for forex trading in the UK?

Absolutely! Payz prioritizes speed, security, and ease of use, making it an excellent choice for forex traders.

What benefits does Payz offer to forex traders?

Payz offers near-instant, super-secure transactions in dozens of currencies. Their VIP program, especially when paired with eWalletBooster, provides reduced FX fees, free P2P transactions, and other perks.

Why is Payz popular among forex traders in the UK?

Payz is popular due to its global acceptance, state-of-the-art security, and near-instant transactions. These features are crucial for forex traders, where timing and security are paramount.

Are there any age or location restrictions for using Payz in the UK?

All UK citizens must be at least eighteen (18) years old to trade forex and use Payz services. There are no major location restrictions for UK residents trading forex with Payz.

What limits are placed on forex traders using Payz in the UK?

While Payz won’t apply additional restrictions beyond your account type, the UK government imposes tax-related limits. Traders are categorized based on their profits, affecting their tax obligations.

Payz & Forex: A Brief History

Payz, formerly known as ecoPayz, was founded in 2000 and has become one of the leading e-money transfer services. Specializing in P2P & merchant transactions, forex, cryptocurrency, and online gambling, Payz is regulated by the Financial Conduct Authority (FCA) in the UK. This regulation ensures that Payz adheres to high standards of security and legality, making it a reliable choice for forex traders. Partnering with eWalletBooster, Payz offers enhanced benefits, making your trading experience even more rewarding.

By following this guide, you can make the most of your forex trading experience with Payz and enjoy the exclusive benefits provided by eWalletBooster.

Further Reading

If you found this article helpful, you might also like:

• Maximize Your Earnings with the Payz Affiliate Program on eWalletBooster!
• Unlock Payz Cashback and VIP Perks with eWalletBooster!
• Payz Fees and Limits 2024: Optimize Your Savings with eWalletBooster
• How to Register for Payz: A Complete Guide + How to Get a Signup Bonus
• Detailed Payz Review: Discover Exclusive Benefits and Features
• Payz Verification Guide 2024: Fast-Track Your Account and Unlock Exclusive Benefits