GiroPay forex brokers – list of brokers accepting GiroPay

Broker Country Rating Min. Deposit Website
UK, Cyprus, Australia4.98/5$5Click for a special offerWebsite
US4.95/5$50Click for a special offerWebsite
Australia4.90/5$100Click for a special offerWebsite
UK, Australia4.85/5$50Click for a special offerWebsite

Giropay is an online payment system in Germany, which allows customers to buy safely on the internet using direct online transfers from their bank account. The system, which was launched in 2006, is supported by most saving (Sparkassen) banks and cooperative banks in Germany as well as some private banks like Deutsche Postbank.

Giropay is similar to the iDEAL payment system in the Netherlands and the Secure Vault payments in the United States, as it uses the same interface and security features as the online banking service of the supporting bank.

Fees decrease with the volume of the transaction and vary form 1,2% to 0,9% plus 8 euro cents per payment.

Giropay, owned by Giropay GmbH, processes over one million transactions per month, covering over 60% of the commercial bank accounts in Germany.

A possible setback is that the customers do not have the option to file for a chargeback. That, of course might be considered as an advantage for the merchants. Besides, payments are guaranteed for amounts up to 5000 EUR.

GiroPay Brokers

Broker Country Rating Min. Deposit Website
Cyprus, Australia5/5$100Click for a special offerWebsite
UK, Cyprus, Australia4.98/5$5Click for a special offerWebsite
UK, Bulgaria1/5$250Read the review