Top Forex Brokers that Accept Payeer

Forex traders are no stranger to Payeer as an efficient payment system. In general, Payeer offers three types of services. First, Payeer Transfers is the most popular one that allows users around the world to transfer funds with low fees. Second, Payeer Merchant is basically a payment solution for e-commerce. And third, Payeer Prepaid which is a personal ATM card with zero fees that can be used anywhere. However, if you want to add money to forex, not a lot of platforms accept this payment system. In this article, we will introduce some of the best forex brokers that accept Payeer USD.

Is Payeer a Good Payment System?

Short answer is yes. As of 2022, the Payeer has over 7 million users which can transfer funds to each other for free. The strength however, lies in diversity. Payeer is far ahead of any similar platform in terms of scale of operation and diversity in supported payment methods. With more than 50 payment approaches, the Payeer wallet offers users various services in one place.

You can read our 2022 Payeer review to see how it stacks up against the competition in 2022.

Forex.com

Fortunately, this is one of the few platforms that is operational in the United States. In terms of user experience, Forex.com pretty much maintains the highest scores across the board. The minimum deposit is at $50 which allows for competitive spreads with an average of 1.3 pips on EUR/USD. However, users can enjoy better spreads with Direct Market Account (DMA) by paying more commission. Lastly, the maximum leverage on the platform is 1:50 across all accounts.

FXTM

This platform is one of the most popular brokers in the world. With a minimum deposit of only $10 and no commission for basic accounts, it is very much hassle-free. But, hassle free does not mean basic in this case. They offer, micro, advantage and advantage plus accounts with spreads starting from 1.5 pips which is pretty good. As for the commission, the micro and advantage plus have no added commission. The Advantage account however will charge between $0.4 and $2 per side per lot. As for the best part, depending on the account and location, FXTM will offer a maximum of 1:2000 leverage.

Grand Capital

Based in Saint Vincent and the Grenadines Seychelles Grand Capital is a STP | ECN type broker. They offer a $10 minimum deposit while the average spread for EUR/USD is 17 pips on standard, the spreads for other instruments are variable. As for leverage, they offer up to 1:500 on Standard, Swap Free, and Micro accounts. However, the best part about Grand Capital is the competitive trading fees. For stocks, the platform charges 0.1% for all accounts while for crypto it is 0.5%.

AZAForex

AZAforex is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency. It is a STP | ECN type broker that offers an impressive $1 minimum deposit. AZAforex is a broker that offers ultra-high leverage of up to 1:1,000, low spreads. But, the range of instruments can be a bit limiting for traders as compared to the competition. As of now, they only offer 6 crypto pairs. Another benefit for this platform is the simple registration and verification process.

Best Exchange Platform for Payeer

HiExchange is a decentralized online platform to exchange your cryptocurrencies and e-currencies. We utilize an automated system to determine the best exchange rates at any moment. Furthermore, HiExchange does not require KYC or a sign-up process. Also, the platform offers 24/7 customer support.

Learn how to exchange Payeer USD to PayPal [Video Guide]

For more instructional content, you can always visit HiExchange Blog