Brokers & forex
Broker and forex payment processing.
Card acceptance for forex, CFD and multi-asset brokers.
Brokers & forex
What Paystrax covers
- Visa
- Available
- Mastercard
- Available
- Apple Pay · Google Pay
- Supported
- Processing currencies
- 140+
- Settlement
- Weekly T+3faster case by case
- 3-D Secure
- Full support
- Chargeback prevention
- Verifi · Ethoca
Forex is a named specialism of Paystrax. Terms depend on licence and jurisdiction and are set in Paystrax's commercial proposal.
Scope
What this covers.
- Client account funding across multiple currencies
- Onshore and offshore licensed brokers
- 3-D Secure with full fraud and chargeback tooling
- Withdrawals to card, once the qualifying period is met
Underwriting
What gets looked at.
Stated plainly, so you can judge your own position before you spend time on an application.
- Your licence, and the jurisdictions you onboard clients from.
- Your chargeback, fraud and refund ratios.
- Your processing history and the stability of your funding volumes.
- How clearly your risk disclosures and withdrawal terms are presented.
Requirements differ by business model within this sector. We set out what we know applies to you before you apply, so you do not discover it in week three. Terms, including any reserve, are set by Paystrax in its commercial proposal.
Process
How it runs.
- 01
Apply for pre-approval
Ten minutes. You answer the questions Paystrax asks at pre-approval, and you get our own read on your profile straight away. It is our assessment, not a Paystrax decision.
- 02
We review your profile
Our team reviews your answers and tells you where the file looks weak and what would strengthen it. When you are ready, your application goes forward for pre-approval.
- 03
Paystrax pre-assesses
Paystrax's team performs an initial assessment of your application. Paystrax publishes no timing for this step, so we do not promise one.
- 04
Commercial proposal
If you are pre-approved, Paystrax sends its commercial proposal and any conditions. This is where pricing and the requirements for your business are set out.
- 05
Onboarding with Paystrax
A Paystrax account manager takes you through the merchant application. Paystrax issues inactive merchant IDs and a test gateway, you provide your documents, and you go live once the account is activated. A complete application is reviewed within three business days.
See where your brokers & forex business stands.
Ten minutes, and you get our read on your profile straight away. No credit check, no obligation.
No account, no credit check, no obligation.
