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Forex Brokers That Accept FasaPay Payment Method for Deposit and Withdrawal

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FasaPay was founded by Dwi Agus Sumarno in 2011. This Indonesian-based online payment gateway offers secure and convenient electronic payment solutions for domestic demand.

Over time, FasaPay expanded its offerings beyond domestic transactions. FasaPay became particularly popular within the forex and online trading communities. Its services allowed traders to fund their accounts and withdraw funds from forex brokers, especially those operating in the Southeast Asian region.


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Score Broker Payment Country Min Deposit Max Leverage
52
FBS
FBS
FasaPay
Australia
$5
1 : 3000
145
IC Markets
IC Markets
FasaPay
Australia
$200
1 : 1000
703
Octa
Octa
FasaPay
Cyprus
$25
1 : 500
162
XM
XM
FasaPay
United Kingdom
$5
1 : 1000
70
HF Markets
HF Markets
FasaPay
Kenya
$0
1 : 2000
249
FXOpen
FXOpen
FasaPay
United Kingdom
$1
1 : 500
396
FP Markets
FP Markets
FasaPay
Australia
$100
1 : 500
1
FXTM
FXTM
FasaPay
Mauritius
$10
1 : 2000
537
FirewoodFX
FirewoodFX
FasaPay
$10
1 : 1000
705
Vantage Markets
Vantage Markets
Fasapay
Australia
$200
1 : 500
489
FIBOGroup
FIBOGroup
FasaPay
Cyprus
$1
1 : 1000
773
JustMarkets
JustMarkets
FasaPay
Seychelles
$1
1 : 3000
10
Tickmill
Tickmill
FasaPay
Seychelles
$100
1 : 500
264
MTrading
MTrading
Fasapay
St. Vincent & the Grenadines
$10
1 : 1000
514
Grand Capital
Grand Capital
FasaPay
Russia
$10
1 : 500
638
Blueberry Markets
Blueberry Markets
FasaPay
Australia
$100
1 : 500
21
easyMarkets
easyMarkets
FasaPay
Cyprus
$25
1 : 400
613
GOMarkets
GOMarkets
FasaPay
Australia
$200
1 : 500
55
Orbex
Orbex
FasaPay
United Kingdom
$200
1 : 500
733
TMGM
TMGM
FasaPay
Australia
$100
1 : 500
2
Alpari
Alpari
FasaPay
St. Vincent & the Grenadines
$1
1 : 1000
615
IronFX
IronFX
FasaPay
Cyprus
$100
1 : 30
678
BlackBull Markets
BlackBull Markets
FasaPay
New Zealand
$50
1 : 500
523
Weltrade
Weltrade
FasaPay
Belize
$25
1 : 500
564
AAATrade
AAATrade
FasaPay
Cyprus
$1
1 : 200
571
Land-FX
Land-FX
FasaPay
United Kingdom
$300
1 : 500
694
USGFX
USGFX
FasaPay
United Kingdom
$100
1 : 500
655
VPFX
VPFX
FasaPay
Malaysia
$100
1 : 500
116
FXPRIMUS
FXPRIMUS
FasaPay
Cyprus
$15
1 : 1000
661
M4Markets
M4Markets
FasaPay
Seychelles
$5
1 : 1000
527
Traders Trust
Traders Trust
FasaPay
Cyprus
$50
1 : 3000
525
Forex Optimum
Forex Optimum
FasaPay
St. Vincent & the Grenadines
$10
1 : 500
273
Eightcap
Eightcap
FasaPay
Australia
$100
1 : 500
761
Equiti
Equiti
FasaPay
United Kingdom
$500
1 : 500
501
Royal
Royal
FasaPay
Australia
$50
1 : 30
558
ForexChief
ForexChief
FasaPay
Vanuatu
$10
1 : 1000
468
AAFX Trading
AAFX Trading
FasaPay
St. Vincent & the Grenadines
$100
1 : 2000
774
Baxia Markets
Baxia Markets
FasaPay
Bahamas
$10
1 : 500
592
Global Market Index
Global Market Index
FasaPay
United Kingdom
$25
1 : 1000
667
Yadix
Yadix
FasaPay
Seychelles
$100
1 : 500
736
VT Markets
VT Markets
FasaPay
Australia
$200
1 : 500
492
One Financial Markets
One Financial Markets
FasaPay
United Kingdom
$250
1 : 30
587
Tifia
Tifia
FasaPay
Mauritius
$10
1 : 1000
229
AGEA
AGEA
FasaPay
$1
1 : 500
685
AMarkets
AMarkets
FasaPay
China
$100
1 : 1000
585
Global Prime
Global Prime
FasaPay
Australia
$200
1 : 200
602
Equiti Global Markets
Equiti Global Markets
FasaPay
United Arab Emirates
$500
1 : 500
622
Fort Financial Services
Fort Financial Services
FasaPay
Belize
$5
1 : 1000
708
SquaredFinancial
SquaredFinancial
FasaPay
Cyprus
$250
1 : 30
90
Juno Markets
Juno Markets
FasaPay
Vanuatu
$100
1 : 500
281
LMFX
LMFX
FasaPay
$50
1 : 1000
305
Fullerton Markets
Fullerton Markets
FasaPay
China
$200
1 : 500
541
FX Choice
FX Choice
FasaPay
Belize
$100
1 : 200
533
TenkoFX
TenkoFX
FasaPay
Belize
$10
1 : 500
704
PaxForex
PaxForex
FasaPay
$10
1 : 500
470
Binary.com
Binary.com
FasaPay
Japan
$1
1 : 1000
520
GAINSY
GAINSY
FasaPay
St. Vincent & the Grenadines
$10
1 : 500
580
Circle Markets
Circle Markets
FasaPay
New Zealand
$50
1 : 500
752
Esperio
Esperio
FasaPay
$1
1 : 1000
562
SuperForex
SuperForex
FasaPay
Belize
$1
1 : 1000
299
FXCL
FXCL
FasaPay
St. Vincent & the Grenadines
$1
1 : 1000
399
TradeView Forex
TradeView Forex
FasaPay
Cayman Islands
$100
1 : 400
543
Forex.ee
Forex.ee
FasaPay
$10
1 : 500
285
ForexMart
ForexMart
FasaPay
Cyprus
$1
1 : 500
574
CFDTimes
CFDTimes
FasaPay
St. Vincent and Grenadines
$5
1 : 500
567
JCMFX
JCMFX
FasaPay
St. Vincent & the Grenadines
$10
1 : 1000
589
FXB Trading
FXB Trading
FasaPay
St. Vincent & the Grenadines
$250
1 : 500
775
NPBFX
NPBFX
FasaPay
British Virgin Islands
$10
1 : 1000
730
TOP1Markets
TOP1Markets
FasaPay
Australia
$100
1 : 100
542
WesternFX
WesternFX
FasaPay
St. Vincent & the Grenadines
$25
1 : 500
628
FXLinked
FXLinked
FasaPay
Seychelles
$10
1 : 400
749
Number One Capital Markets
Number One Capital Markets
FasaPay
Vanuatu
$5
1 : 1000
512
FXOptimax
FXOptimax
FasaPay
St. Vincent & the Grenadines
$10
1 : 1000
18
Finq
Finq
FasaPay
Seychelles
$100
1 : 300
298
LQDFX
LQDFX
FasaPay
$20
1 : 500
627
UBFX
UBFX
FasaPay
Vanuatu
$1
1 : 400
795
PU Prime
PU Prime
FasaPay
South Africa
$20
1 : 1000
302
CM Trading
CM Trading
FasaPay
South Africa
$100
1 : 200
782
BelleoFX
BelleoFX
FasaPay
Mauritius
$100
1 : 500
456
SimpleFX
SimpleFX
FasaPay
$1
1 : 500
724
Moneta Markets
Moneta Markets
FasaPay
Vanuatu
$50
1 : 500
658
Your FX Broker
Your FX Broker
FasaPay
Cayman Islands
$100
1 : 100
504
FXPCM
FXPCM
FasaPay
United Arab Emirates
$100
1 : 500
477
Deriv
Deriv
FasaPay
British Virgin Islands
$5
1 : 1000
791
Headway
Headway
FasaPay
South Africa
$1
1 : 2000
657
FXGate
FXGate
FasaPay
Malaysia
$100
1 : 100

FasaPay is an online payment system that allows individuals and businesses to send and receive money securely over the internet. It is a popular payment method and is primarily used for online transactions, including e-commerce purchases, money transfers, and payments to online services.

FasaPay provides a convenient and reliable platform for conducting financial transactions. Users can create an account on the FasaPay website and link it to their bank accounts or credit cards.

In the context of forex brokers, FasaPay is a payment method that is commonly accepted by certain brokers as a means for their clients to deposit and withdraw funds from their trading accounts. It provides traders with a convenient and secure way to transfer money to and from their forex trading accounts.

When using FasaPay as a payment method with forex brokers, the process for depositing and withdrawing funds typically involves the following steps:

Deposit Process:

  1. First, you need to open an account with the forex broker that supports FasaPay as a payment method.
  2. Log in to your trading account with the forex broker and navigate to the deposit section or funding options.
  3. Look for the FasaPay deposit option among the available payment methods.
  4. Select FasaPay as the preferred deposit method and enter the required information.
  5. Double-check the provided information and confirm the deposit request.
  6. The forex broker will process the transaction, and the funds will be transferred shortly (on a business day) from your FasaPay account to your trading account. The time taken for the deposit to reflect in your trading account can vary depending on the broker and other factors.

Withdrawal Process:

  1. Log in to your trading account with the forex broker and navigate to the withdrawal or funds withdrawal section.
  2. Choose FasaPay as the preferred withdrawal method from the available options.
  3. Enter the necessary information for the withdrawal, such as the amount you wish to withdraw and your FasaPay account details.
  4. Review the withdrawal details for accuracy and submit the request.
  5. The forex broker will process the withdrawal, and the funds will be transferred from your trading account to your FasaPay account.
    The time taken for the withdrawal to be processed and reflected in your FasaPay account can vary depending on the broker and other factors.

It's important to note that the specific steps and options for depositing and withdrawing funds using FasaPay can vary between forex brokers.

For example, the minimum deposit requirement is different in OctaFX and Exness. FasaPay deposits in Exness can start from $15, while OctaFX deposits using FasaPay start from Rp400,000.

Hence, it's recommended to refer to the broker's website, trading platform, or contact their customer support for precise instructions on how to deposit and withdraw funds using FasaPay.

The fees associated with using FasaPay as a payment method with forex brokers can vary depending on the broker's policies and the specific transaction.

The general fee applied for FasaPay internal transfers is 0.5% of the transaction, so brokers that charge for FasaPay transactions mostly apply the rate.

Nevertheless, there are some common types of fees you may encounter:

  • Some forex brokers may charge a fee for depositing funds into your trading account using FasaPay. The fee can be a fixed amount or a percentage of the deposit, and it is typically deducted from the deposited amount.
  • When you request a withdrawal of funds from your trading account to your FasaPay account, the forex broker may impose withdrawal fees. Similar to deposit fees, these fees can be fixed or calculated as a percentage of the withdrawn amount.
  • If you are depositing or withdrawing funds in a currency that is different from the base currency of your trading account, currency conversion may be necessary. FasaPay may apply currency conversion fees for these transactions, which can impact the final amount received in your FasaPay account.
  • If you wish to transfer funds from one trading account to another within the same broker using FasaPay, the broker may charge internal transfer fees.

FasaPay offers several benefits when used as a payment method with forex brokers. Here are some of the key advantages:

  1. The funds are typically transferred in real time or within a short period, allowing traders to take advantage of market opportunities without.
  2. It implements encryption technology and two-factor authentication (2FA) to protect users' sensitive information, reducing the risk of unauthorized access or fraud.
  3. FasaPay supports various currencies, which is beneficial for forex traders operating in different markets.
  4. FasaPay typically charges reasonable transaction fees, making it a cost-effective payment solution for forex traders.
  5. FasaPay is widely accepted by many forex brokers, particularly those catering to clients in Indonesia and surrounding regions.
  6. FasaPay usually provides dedicated customer support to assist users with any issues or inquiries related to their accounts or transactions.

While FasaPay offers several benefits as a payment method with forex brokers, there are also some potential disadvantages to consider:

  1. FasaPay's availability may be restricted to specific countries or regions.
  2. Some brokers may have limitations on the currencies that can be used with FasaPay, potentially causing inconvenience for traders who prefer to trade in currencies not supported by the broker.
  3. FasaPay may charge withdrawal fees for transferring funds from the trading account back to the FasaPay account.
  4. When using FasaPay to deposit or withdraw funds in different currencies, traders may be exposed to exchange rate risks.
  5. While FasaPay generally provides customer support, the level of support may vary depending on the broker and the specific issue.

It's essential to consider these potential disadvantages and evaluate whether they align with your specific needs and preferences when choosing FasaPay as a payment method with forex brokers.

It's advisable to research the availability, currency options, fees, and customer support of both FasaPay and the chosen forex broker before making a decision.


Additional FAQ

Despite the fact that some brokers may advertise it, forex withdrawals are not automatic. Staff from the accounting or finance department have to approve your requests, then forward them to any payment method you choose. Obviously, your requests can only be processed during working hours.

No worries, though, because forex brokers have longer business hours than most businesses. At least, they ought to provide sufficient support for traders during forex market hours (which means 24 hours a day, from 5 p.m. EST on Sunday until 4 p.m. EST on Friday, except for bank holidays). 

Continue Reading at 4 Reasons Why Withdrawal Takes Too Long

If you haven't received the funds in your account even after the withdrawal request has been processed, then you should take into consideration the processing and payment times.

If you are still worried, you can check the status of your withdrawal by following these steps:

  1. Click on the Portfolio tab.
  2. Click on the History tab.
  3. Check to see which payment method your funds were sent.

Continue Reading at eToro Withdrawal: Limit, Fees, and How-to

Let's say you just signed up for a no deposit bonus program and got a $100 free capital. You then use it to trade and earn a $25 profit. What is the so-called bonus profit? The correct answer, of course, is $25.

If you want to draw the $100 bonus, there will be more requirements that are usually hard to comply with.

For example, to withdraw the bonus, you have to trade this lot before the bonus term ends:

(bonus amount) x 3 lots

So if the reward you get is $100, then you need to trade 300 lots!

Such a huge trading size is not ideal for retail traders aiming for trading with minimal risk. If you end up pushing yourself, more often than not you'll get a margin call first before hitting the 300 lots required.

Continue Reading at How to Avoid Bonus Withdrawal Problems

Legitimate brokers may decline withdrawal requests if traders have an ongoing trading position, often called a floating position.  Additionally, many brokers prohibit withdrawals with floating positions because removing funds can significantly reduce the free margin in your account, leaving you more vulnerable to a Margin Call (MC).

Continue Reading at Top 3 Forex Broker Rules Most Violated by Traders