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The Best Brokers That Accept Trustly in the UK 2024

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Adam is head of content on TradingGuide.co.uk. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Article was updated: April 8, 2024
Estimated reading time: 8 minutes

Trading with a broker that accepts Trustly in the UK has a lot of benefits including efficiency and cost-effectiveness. Therefore, if you want a broker with a Trustly payment method, we have recommended the best for you. All of them have been legally approved to serve UK clients, so simply choose a suitable one. 

Best Brokers That Accept Trustly in the UK 2024

  • Skilling – Overall Best Trading Broker That Accepts Trustly in the UK
  • FXOpen – Best Forex Broker That Accepts Trustly
  • eToro – Best Stock Broker That Accepts Trustly
  • XM – Best Trustly Broker with Low Minimum Deposit

In this guide

The Best Brokers That Accept Trustly in the UK 2024

Compare Trading Brokers That Accept Trustly in the UK

Our extensive research techniques make us stand out among other researchers. We make sure that the brokers we recommend here meet our strict demands. Some of the factors that assist in our choices include:

Licenses
Licenses/Regulations
Software
Trading Platform
trading fees
Trading Fees
stock assets
Market Assets
Payment Methods
Payment Methods
demo account
Customer Support

Traders have their own experiences with brokers that accept Trustly in the UK. Therefore, we thought it would be best to include their honest opinions in our research. Our experts spend hours reviewing user comments on Google Play, App Store, and Trustpilot. Here is our comparison table.

Compare with other broker
General Rating
Payment & Withdraw options
License
Software
Minimum deposit
Skilling trading
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.5 rating-star
Credit cards, Neteller, Skrill, Bank Wire Transfer, Trustly, Klarna, PayPal
CySec
Skilling Trader, Skilling cTrader, Skilling MetaTrader 4, Skilling Copy
€100
FXOpen logo
Visit site
Risk Warning
Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.
Read Review
4.1 rating-star
Bank Wire Transfer, Credit cards, WebMoney, FasaPay, crypto
FCA, CySec, ASIC
MetaTrader 4, MetaTrader 5, TickTrader, WebTrader
$1
etoro logo
Visit site
{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.
4.2 rating-star
Debit card, Bank transfer, Neteller, Skrill, eToro Money, Online Banking
ASIC, CySec, FCA, FSAS
eToro investing platform, Multi-asset platform, Copy Trader
$50
XM trading
Visit site
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Read Review
4 rating-star
Credit card, Debit card, Neteller, Skrill, UnionPay, WebMoney, Bank Wire
CySec, ASIC, FSC, DFSA
MetaTrader 4, MetaTrader 5
$5 (£3,61)

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1. Skilling - Overall Best Trading Broker That Accepts Trustly in the UK

Skilling 1
Skilling 2
Skilling 3
Skilling 4
Skilling 5
Skilling 1
Skilling 2
Skilling 3
Skilling 4
Skilling 5

Skilling has grown at full tilt within four years to become one of the most reliable brokers in the UK. With over 800 instruments at your disposal, this Scandinavian-owned fintech broker provides you with the necessary trading tools to support your activities. 

Skilling Review 2024
TradingGuides Rating:
✔A fast growing trading platform
✔CFD and forex trading across the globe
Pros & Cons
Fees
Assets
Pros
  • Skilling Trader, cTrader, and MT4 platforms.
  • £100 minimum deposit requirement.
  • Intuitive design platform. 
Cons
  • No ETF trading.

Type Fee
Minimum deposit €100
Inactivity fee €10
Deposit fee €0
Withdrawal fee €0

The broker offers traders access to more than 4,500 markets; including 300 of the world’s top stocks, commodities, indices, and bitcoin exchanges

2. FXOpen - Best Forex Broker That Accepts Trustly

FXOpen 1
FXOpen 2
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FXOpen 4
FXOpen 5
FXOpen 1
FXOpen 2
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FXOpen 4
FXOpen 5

FXOpen hosts millions of traders across the globe and it is the best choice for forex traders who prefer payments with Trustly. This ECN broker offers trading with low spreads starting from 0.0 pips. Trading tools are also available including API tools to automate your strategy. 

FXOpen Review 2024
TradingGuides Rating:
✔ Tight spreads & low commissions
✔ Intuitive trading interface
Pros & Cons
Fees
Assets
Pros
  • Minimum deposit starting from $1.
  • Trading accounts for every trader including Micro, STP, and ECN accounts.
  • MT4 and MT5 platforms.
Cons
  • Customer support availability is five days a week.

Type Fee
Minimum Deposit from $10 (or the equivalent in another currency)
Deposit Fee Depends on deposit method
Withdrawal Fee Depends on withdrawal method
Inactivity Fee $10 per month for accounts that have been dormant for 6 months

FXOpen provides trading instruments on several markets, including forex, commodities, cryptocurrency, stocks, shares, indices, metals, energies & CFDs.

3. eToro - Best Stock Broker That Accept Trustly

eToro 1
eToro 2
eToro 3
eToro 4
eToro 5
eToro 1
eToro 2
eToro 3
eToro 4
eToro 5

eToro is one of the global brokers that has managed to sustain its activities in the industry while hosting millions of traders. It is a go-to broker for stock trading since it allows you access to a wide range of global markets. Trading stocks is also free and you only need to deposit $200 to get started.
Payment options on eToro are many with Trustly among the preferred ones. Deposit charges are also free and instant

eToro Review
TradingGuides Rating:
✔Copy/Social trading
✔Low minimum to fund an account and begin investing
Pros & Cons
Fees
Assets
Pros
  • Beginner-friendly CopyTrader platform.
  • Allows CFD trading.
  • Impeccable mobile device functionality.
Cons
  • Charges withdrawal fees.

Types Fee
Minimum Deposit £50
Conversion Fee depends on your payment method, currency, and eToro Club level.
Overnight Fee vary according to the value and direction (BUY or SELL) of your position
Withdrawal Fee all withdrawal requests are subject to a $5 USD fee
Inactivity Fee monthly inactivity fee of $10 USD (charged after 12 months)

  • Stocks – there is a total of 800 stocks offered ranging from the biggest tech businesses in the U.S. to smaller companies from all over the world. Stock trading is always commission-free with eToro.
  • Cryptocurrencies – being one of the first brokers to jump on the cryptocurrency bandwagon, it comes as no surprise that eToro dominates this segment. With more than 20 coins and a number of cryptocurrency pairs, there is enough for all crypto traders.
  • Currency Pairs – in the early days, eToro was just another FX broker and even though they’ve developed since, the broker has stayed true to its roots. As a trader, you can choose between 49 currency pairs ranging from majors and minors to a few exotic ones.
  • Long-Term Investments – unlike many online brokers, eToro is also suitable for long-term investments. For example, their investment portfolios are a great way to diversify your portfolio and limit risk.
  • Additional assets – in addition to the above, eToro provides access to commodities, indices, and ETFs as CFDs. There is also a range of unique assets such as Crypto Portfolios that are only offered by eToro. This means that you can create a diverse portfolio with ease.

4. XM - Best Trustly Broker with Low Minimum Deposit

XM 1
XM 2
XM 3
XM 4
XM 5
XM 1
XM 2
XM 3
XM 4
XM 5

XM is a global broker overseen by various world-renowned authorities. With only a $5 deposit, you can get started on its platform. It is also one of the brokers that offer bonuses from time to time. Therefore, be on the lookout.
Trading forex and CFDs on XM is cost-effective. You will be charged low spreads across thousands of instruments it hosts. Trustly transactions are also free of charge. 

XM Review 2024
TradingGuides Rating:
✔ Great for beginners
✔ A truly global company
Pros & Cons
Fees
Accounts
Pros
  • Diverse research and educational resources.
  • World-class trading platforms, including MT4 and MT5.
  • Low spread.
Cons
  • Limited asset portfolio.

Type Fee
Minimum deposit 5$
Overnight fee 0$
Deposit fee 0$
Withdrawal fee 0$
Inactivity fee $15 one-off maintenance fee

Type Micro Account Standard Account XM Ultra Low Account Shares Account
Minimum deposit 5$ 5$ 5$ 10.000$
Commission No No No Yes
Spread on all majors As Low as 1 Pip As Low as 1 Pip As Low as 0.6 Pips As per the underlying exchange
Leverage Up to 1:1000 Up to 1:1000 Up to 1:1000 No

What is Trustly?

Trustly is one of the most trusted global payment methods that has been in existence since 2008. It is based in Sweden and allows users to conduct online transactions from online bank accounts.  

Benefits of Trading with Trustly

There are various ways that you can benefit from trading with Trustly including:

The speed by which Trustly transacts is unmatched. Making deposits and withdrawals is instant, which keeps you on top of your trading activities.

Trustly does not charge transaction costs for supported bank accounts. Therefore, unless a broker charges withdrawal fees, you will withdraw all of your winnings to your Trustly account. 

 Trustly is supported across many global countries. This makes it easy for you to transact anywhere even with mobile devices.

Trustly is highly encrypted with two-factor authentication features. This secures your account and you do not need to share your personal details with your broker.

Read about the Skrill deposit method and bank wire transfer brokers in more detail in our other guide.

FAQs

What do I need to use Trustly?

Trustly is safe and transactions are instant. It is also used globally, so if you are a trader on the move, it is worth considering.

How long do Trustly withdrawals take?

Trustly withdrawals are instant. However, bank processing can take up to two days depending on the bank’s merchant.

Can I trust Trustly?

Absolutely. Trustly is a world-recognised payment method and is highly encoded to secure your personal information.

What are the fees for using Trustly?

Transacting with Trustly is free of charge.

Conclusion

Trustly is a reliable payment solution and with a reliable broker supporting it, you have a great potential of being a successful trader. Remember that there are various elements that make a broker suitable for you. Consider the platform, fees, and assets available since they should all match your trading requirements.

How we test?

Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.

The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.

Adam Jarfjord
Adam Jarfjord

is our leading content maker and head of the content department. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

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