Forex Payment Processing
Forex Merchant Accounts for High-Volume Trading Platforms
We provide forex merchant accounts with multi-currency support, high transaction limits, and advanced fraud prevention for trading platforms and forex education businesses.
High-Volume Processing
Our accounts support the high transaction volumes and large ticket sizes common in forex trading and education.
Multi-Currency Support
Accept payments in 135+ currencies with local acquiring partnerships that improve international approval rates.
Advanced Fraud Prevention
Transaction-level fraud scoring and velocity controls reduce fraudulent activity on your trading platform.
See How Your Forex Rates Compare
Forex merchants pay premium rates due to regulatory complexity. Enter your volume to see what we can offer.
- Multi-currency for global trading platforms
- High-volume and high-ticket underwriting
- Fraud controls for financial services
How much are you overpaying?
Enter your numbers from last month's processing statement.
All figures shown are estimates only and may be subject to change based on application review, business model, risk factors, and underwriting assessments. This tool does not constitute a commitment, guarantee, or offer of specific terms.
Same-day decisions · No application fee · Dedicated account manager
Forex Payment Processing Built for Scale
Challenges Forex Platforms Face
Processor Refusals
Most mainstream banks and processors categorise forex as too complex or too risky, refusing applications regardless of regulatory compliance.
International Transaction Declines
Cross-border card transactions in multiple currencies see elevated decline rates without local acquiring relationships in key markets.
Chargeback Disputes
Subscription-based forex education and funded account fees are common chargeback triggers that require active dispute management.
Regulatory Complexity
Forex businesses must navigate jurisdiction-specific payment regulations, requiring processors with direct experience in this vertical.
Built for Forex Trading
High-Volume Accounts
Merchant accounts structured for the large transaction volumes and high average ticket sizes typical of forex platforms.
Multi-Currency Processing
Accept payments in 135+ currencies with local acquiring partnerships that increase international approval rates.
Advanced Fraud Controls
Velocity rules, device fingerprinting, and real-time fraud scoring protect against the sophisticated fraud common in financial services.
Chargeback Dispute Management
Integrated Ethoca and Verifi alerts notify you of disputes before they are filed, protecting your chargeback ratio.
Subscription Billing Support
Full recurring billing for forex education subscriptions, funded account fees, and platform access with tokenisation and retry logic.
Dedicated Account Manager
A named account manager with forex industry experience handles your account and is available whenever you need support.
Corepay By the Numbers
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135+ Currencies Supported
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24hrs Average Approval Time
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20+ Years Specialty Experience
How Forex Merchant Approval Works
Submit Your Application
Complete our application with your platform details, business structure, regulatory licences, and processing volume.
Underwriting Review
Our forex specialists review your business model and compliance documentation, with most decisions returned within 24–72 hours.
Account Configuration
We structure your account for your currencies, volumes, and billing model, with fraud controls tuned to forex transaction patterns.
Start Processing
Your merchant account goes live and you begin accepting payments globally, with dedicated support available around the clock.
Processing Payments in 30+ Countries
United States
50 statesFull domestic processing with next-day funding and dedicated account management.
European Union
27 member statesPSD2 and SCA compliant processing across all EU member states with multi-currency settlement.
United Kingdom
England, Scotland, Wales, NIFCA-regulated payment processing with GBP settlement and local acquiring.
Australia
All territoriesAPRA-compliant processing with AUD settlement and Asia-Pacific connectivity.
With over $5 trillion traded daily, the foreign exchange market is one of the largest and most liquid financial markets in the world. Forex payment processing companies face scrutiny that makes merchant account services high-risk. Since there is no centralized foreign exchange market, all currency trading is done electronically 24/7, five days a week.
We provide merchant accounts for fully licensed trading platforms as well as forex education businesses offering software, newsletters, courses, and seminars. Note that in the U.S., the CFTC has banned the use of credit cards to fund retail forex trading accounts, though debit cards are still permitted.
Why Forex Is High-Risk
New brokerages often lack the track record that processors need to see. The lack of global regulation means some platforms operate without proper licensing. Chargebacks are common when traders lose money and attempt to dispute transactions. Money laundering concerns add another layer of risk. And inadequate financial documentation from applicants makes underwriting difficult.
Applying for Your Account
You will need:
- Personal and business financial statements
- Articles of incorporation
- Principal’s driver’s license
- Company EIN document
- Business plan (optional but helpful)
- Voided check
Providing your chargeback plan, details about where most sales occur, return and refund policies, and proof of PCI compliance can help reduce your fees.
Licensing
Licensing and regulation are among the most challenging tasks for new forex brokerages. Many jurisdictions have high fees and extensive vetting processes intentionally designed to prevent money laundering. Finding payment processing becomes significantly easier when your business is properly licensed. We only support fully licensed and regulated forex merchants.
MCC Code
The MCC for forex, investments, and securities is 6211.
Why Choose Corepay
- Competitive rates
- High-volume and high-ticket processing
- Multi-currency processing
- Fraud management tools
- Waived application, setup, and annual fees
- Extensive banking network
- PCI Level 1 secure gateway
- MOTO and mobile payment support
- 24/7 customer service
