AstroPay Binary Options Brokers
AstroPay is an online payment solution that allows binary options traders to make international payments in their local currency. The digital wallet is particularly popular in Latin America, offering low-cost and fast transfers. This tutorial explains how to make payments to and from AstroPay binary options brokers.
We also rank the best binary options brokers that accept AstroPay deposits. We verified that each binary platform below supports AstroPay, either by logging into the client area or confirming with a customer support representative.
Binary Brokers with AstroPay
| Broker |  | Min Deposit | Expiry Times | ||
|---|---|---|---|---|---|
 |
Deriv | $5 | 15 seconds - 365 days |
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About AstroPay
AstroPay was founded in 2009 to be a solution to the lack of internationally accepted or working payment methods in South America.
Today, the brand spans the world, with millions of users globally and offices in Latin America and the UK. Thousands of websites now accept transfers using the payment method, including AstroPay binary options brokers.
AstroPay began as a method of paying for goods and services online with local currency and pre-paid cards. The company has since expanded and partnered with the likes of Visa, Apple Pay and Google Pay.
How It Works
Binary options traders can connect their payment account to their AstroPay wallet, meaning users can buy goods and services with their existing credentials and local fiat money.
To use AstroPay, you need to set up an e-wallet. Upon sign-up, you will be prompted to enter your name, date of birth, email address and phone number. You can then set a password and the registration process is complete.
Before you can make a transfer to binary options brokers that accept AstroPay deposits, you will need to fund your wallet. After pressing the ‘Add Money’ button on the official app, enter the amount you wish to add.
You can choose your local currency and select which bank you wish to make the payment with. If your bank isn’t listed, the option to make a payment via online bank transfer is available.
You will then be prompted to either scan a QR code that will take you directly to your banking app where you can verify your identity and make the transfer, or you can select your bank from a list of options and you will be taken to the bank’s website.
How To Make Deposits & Withdrawals To Binary Options Accounts
Binary options brokers that accept AstroPay deposits will list the payment method or logo in their cashier portal. Select it and enter the payment details, including the deposit amount and currency.
You will also need to enter the phone number that is connected to your AstroPay account to receive a verification code.
This will grant access to your wallet. The money should be taken from your balance immediately and available in your binary options account.
Withdrawals are usually as straightforward as deposits. The option to withdraw via AstroPay should be available on your binary options broker’s withdrawal page. Simply input the amount you wish to withdraw as well as the phone number connected to your AstroPay account.
Note, some AstroPay binary options brokers may need to verify your identity before they can approve a withdrawal request.
Transaction Times
Some AstroPay binary brokers may offer instant deposits, however others can take several days. Deposits made via Astropay to Deriv, for example, can take up to three days to be credited – this was confirmed to us by a customer support agent.
To avoid payment delays, make sure you have sufficient funds in your digital wallet.
Pricing Review
Payments made to and from binary options brokers that accept AstroPay deposits are normally commission-free. Deriv, for example, covers any third-party payment fees.
AstroPay itself charges fees shown in the app/web and may charge an idleness fee.
Note, the option to make payments via local currency may not extend to your binary options broker so you could have to pay a conversion fee. Fortunately, the best AstroPay binary options brokers publish a pricing schedule on their websites.
Pros Of AstroPay Binary Brokers
- You can purchase and make payments with popular stablecoins and in some regions, tokens like Bitcoin. This can make it easier for crypto binary options traders to fund and manage their digital asset trading activity.
- Associated with Visa, Mastercard, and other leading payment solutions, AstroPay enables users from all over the world to make deposits and withdrawals to popular binary options brokers.
- The payment app is available to download for Android, as well as iOS for Apple devices, making it a good option for mobile binary traders.
Cons Of AstroPay Binary Brokers
- The main ways to access customer support is through an online contact form and email. So if your binary options broker cannot help with a payment problem, you could have to wait for AstroPay’s customer service team to respond, though they do offer 24/7 assistance.
- Although globally accepted, it is not as widely used amongst binary options brokers as other electronic payment methods, such as Skrill and Neteller.
Customer Support
Users can contact customer care through a form on the payment provider’s website, email, live chat, and a help centre. They offer 24/7 assistance. To use the form, enter your name, email address, and your issue and the company will get back to you within 3 to 5 working days.
Alternatively, the top binary options brokers that accept AstroPay deposits provide support via live chat and can advise on withdrawal queries or delays.
Security
The payment solution is compliant with Payment Card Industry Data Security Standard (PCI DSS).
Customers, including binary traders, must also complete KYC verification to gain full access to AstroPay’s services. This is in line with Anti-Money Laundering (AML) guidelines.
AstroPay is operated by different regulated entities depending on your country. You can verify the relevant authorization below.
- Isle of Man FSA licence notice (Class 8(2)(a) & (4) — issued 24 May 2023)
- Brazil Central Bank authorisation (Astro Instituição de Pagamento Ltda — official comunicado)
- EEA operations (Larstal Denmark ApS — authorized as an Electronic Money Institution)
- UK FCA register entry (Larstal Limited — FRN 901001)
- Danish FSA Company Register (search “Larstal Denmark ApS” / FTID 40514)
Regulatory approvals for the payment method itself doesn’t mean that AstroPay binary brokers themselves are also regulated by these bodies, however.
Bottom Line
AstroPay is a good choice for binary options traders based in Latin America, in particular. The payment solution enables users to deposit money into binary options accounts using their existing banking details and local currency. There are also leading AstroPay binary options brokers that offer fee-free deposits and withdrawals with the transfer method.
To start trading, head to our table of the top binary options brokers that accept AstroPay deposits.
FAQ
Is It Free To Deposit To AstroPay Binary Brokers?
AstroPay may charges fee in its app/web terminal and may also charge a dormancy fee. However, Deriv, which accepts AstroPay, charges no further commissions for deposits and withdrawals using the payment method.
Is AstroPay Safe To Fund My Binary Options Account?
AstroPay is a secure method of making deposits and accepting withdrawals from binary options brokers. The company is regulated by the UK Financial Conduct Authority, amongst other bodies, is PCI DSS-compliant, and keeps customer data private.
Is AstroPay A Legit Binary Options Deposit Method?
AstroPay is a genuine payment method, accepted by thousands of websites and millions of users worldwide. Our list of binary options brokers that accept AstroPay deposits, although few, are also trusted and highly rated.