Sofort brokers: Top forex brokers accepting Sofort deposits
Company | Country | Rating | Min. Deposit | Website |
Cyprus, Germany, Vanuatu | /5 | $500 | Read the review | |
UK, Bahamas | /5 | $250 | Read the review | |
UK, Cyprus, Seychelles | /5 | $100 | Read the review | |
Cyprus, South Africa, Australia | /5 | $100 | Read the review | |
Cyprus, Australia | /5 | $100 | Read the review |
Sofort is developed and operated by SOFORT GmbH, which is a subsidiary of the Klarna group, a Swedish banking company. Sofort is in the top 3 most popular payment methods in Germany, and is also available in Austria, Switzerland, Poland, Italy, Spain, Belgium and the Netherlands.
Although not as popular as other widespread alternative payment methods, Sofort has surely left its mark, and is continuing its expansion. As a real-time payment method, Sofort works on the basis of online banking. However, in contrast to regular bank transfers, Sofort clients only have to verify the payment, while details like the amount and the name of the receiver are automatically filled out, which in turn eradicates the possibility of any human error.
Clients only need to enter their bank’s sort code on top of the usual bank login details, plus a confirmation code that authorizes the transfer.
Like any other e-payment methods, Sofort has some fees, which are not bothersome at all. Each transaction is charged with a fixed fee of €0,25, plus 0,9% of the entire sum.