FasaPay is an online payment gateway established by Singapore-based Fasa Centra Solutions Ltd., providing instant online deposit and withdrawal facilities.
This payment system aims to ensure safety of funds while maintaining the confidentiality of its users.
It offers fast and safe online payment method allowing money transfers between its members worldwide. No credit cards are required for members as accounts are funded by bank transfer. Do have in mind that the payment system operates only with USD and IDR.
Here is how it works. Once a trader opens a trading account at a forex brokerage company, he or she can make the transfer from a local bank (where their funds are stored) to Fasapay. Then, Fasapay will continue to transfer to the forex broker (where the trading account has been opened). In other words, Fasapay acts as an intermediary between local banks and brokers in the forex trade context.
With FasaPay the process of funding your trading account can be a matter of minutes and what is more, no extra fees are charged for cross-border payments.
Once you register and your FasaPay account is verified, you will be able to make deposits from $1000 to $5000 free of charge and transfers from $ 0.10 to $1,000,000 will charged with 0,5% USD. Detailed information about FasaPay ‘s fees can be viewed here.
Here is a list of forex brokers accepting FasaPay deposits:
| Broker | Min.deposit | Platforms | Regulation | Country | Review |
|
$100 | MT4, MT5, cTrader, SuperTrader, FxPro Markets |
FCA, CySEC | UK, Cyprus | Review Website |
|
$5 | MT4, MT5 | FCA, CySec | UK, Cyprus | Review Website |
|
$100 | MT4, MT5 | IFSC | Belize | Review Website |
|
$1 | MT4, MT5, Web | IFSC | Belize | Review Website |
|
$1 | MT4, MT5, cTrader |
CySec | Cyprus, Belize | Review |
|
$200 | MT4 | FMA | New Zealand | Review |
|
$1 | MT4, MT5, Streamster |
No | Montenegro | Review |
|
$200 | MT4, MT5, Web, Mirror Trader |
IFSC | Belize | Review |
|
$200 ($50 in NZ) | MT4 | FCA, FMA | UK, New Zealand | Review |
|
$1 | MT4 | FSC | BVI | Review |
|
$100 | MT4 | No | Estonia | Review |
|
$10 | MT4 | No | St Vincent and the Grenadines | Review |
|
$5 | MT4, MT5 | FSC, CySEC | Mauritius, Cyprus | Review |
|
$500 | MT4, Web | CySec | Cyprus | Review |
|
$300 | MT4, MT5 | FSC | BVI | Review |
|
$25 | MT4 | IFSC | Belize | Review |
|
$2 | MT4 | IFSC | Belize | Review |
|
$250 | MT4, Web, Tradable |
FCA | UK | Review |
|
$5 | MT4 | IFSC | Belize | Review |
|
$300 | MT4 | FMA, FCA | New Zealand, UK | Review |
|
$1 | MT4, Web | N/A | N/A | Review |
|
$1 | MT4, Web, SimpleFX |
N/A | SVG | Review |
|
$500 | MT4, Sirix Web Trader |
N/A | Marshall Islands | Review |
|
$1000 | MT4 | CySEC | Cyprus | Review |
|
No | MT4, No | ASIC | Australia | Review |
|
$100 | MT4, Currenex, EOS Trader |
SCA | UAE | Review |
|
$1 | MT4 | IFSC | Belize | Review |
|
$1 | MT4, Web | FCA | UK | Review |
|
$1 | MT4 | No | St. Vincent and the Grenadines | Review |
|
$200 | MT4 | FSC | Bulgaria, BVI | Review |
|
$10 | MT4 | IFSC | Belize | Review |
|
$500 | MT4 | FinaCom | SVG | Review |
|
$10 | MT4 | IFSC | Belize | Review |
|
$10 | MT4, Web | N/A | SVG | Review |
|
$50 | MT4 | FSC | BVI | Review |
|
$10 | MT4 | SVG | Review | |
|
$10 | MT4 | N/A | Marshall Islands | Review |
|
$10 | MT4, NetStation, ClearPro |
N/A | St. Vincent and the Grenadines | Review |
|
$1 | MT4 | IFSC | Belize | Review |
|
$500 | MT4 | N/A | SVG | Review |
|
$100 | MT4 | N/A | SVG | Review |
|
$10 | MT4 | No | SVG | Review |
|
$25 | MT4 | No | SVG | Review |
|
$500 | MT4 | No | Marshall islands | Review |
|
$5 | MT4, MT5, Web | N/A | Belize | Review |
|
$50 | MT4 | IFSC | Belize | Review |
|
$1 | MT4 | VFSC | Vanuatu | Review |
|
$10 | MT4 | IFSC | Belize | Review |
|
$50 | MT4 | SVGFSA | SVG | Review |
|
$50 | MT4 | N/A | Estonia, Forex.ee | Review |
|
$50 | MT4 | N/A | SVG | Review |
|
$200 | MT4 | None | UK | Review |
|
N/A | MT4 | None | UK | Review |
|
$50 | MT4 | N/A | UK | Review |
|
VFSC | MT5 | VFSC | Vanuatu | Review |
|
$25 | MT4 | SVGFSA | SVG | Review |
|
$100 | MT4, Vertex, Fortex |
VFSC | Australia, Vanuatu | Review |
|
$5 | MT4 | N/A | SVG | Review |
|
$1 | MT4 | N/A | N/A | Review |
|
$1000 | MT4 | N/A | SVG | Review |
|
$1 | MT4 | No | Not disclosed | Review |
|
None | MT5 | VFSC | Vanuatu | Review |
|
$100 | MT4 | N/A | Vanuatu | Review |
|
$25 | MT4 | No | UK | Review |
|
$500 | MT4 | None | Dubai | Review |
|
$10 | MT4 | FSA | SVG | Review |
|
$10 | MT4 | N/A | NZ | Review |
|
$10 | MT4 | FMA | New Zealand | Review |
ForexTime, or FXTM, the Cypriot Forex and CFD broker, has just launched another option for Forex payments – Indonesia's FasaPay.
In its essence, FasaPay is an online payment system suitable to those who wish to transfer IDR (Indonesian Rupiahs) or USD.
Read more
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