Volet Brokers 2024
Volet, formerly ADVcash, is a digital payment gateway that supports a range of transactional needs, including funding and emptying trading accounts.
Volet stands out by facilitating payments in fiat and digital currencies, while its virtual and plastic cards, plus 24/7 customer support, cater to a range of traders.
We’ve pinpointed the best brokers that accept Volet deposits. Every trading platform listed allows Volet deposits and withdrawals.
ADVcash has rebranded to Volet.com. ADVcash users can log in to Volet with the same credentials and continue using the solution for trading.
Best Volet Brokers
Following our hands-on tests, these are the top 3 brokers that support Volet payments:
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1
Pocket Option50% Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$50$1MISABinary Options, Currencies, Commodities, Stocks, Indices, CryptosWeb, MT4, MT5Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCash, AirtelUSD -
2
xChief$100 No Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$100.01 Lots1:1000ASICCFDs, Forex, Metals, Commodities, Stocks, IndicesMT4, MT5Wire Transfer, Bitcoin Payments, Credit Card, UnionPay, Skrill, Neteller, WebMoney, Perfect Money, Debit Card, Ethereum Payments, FasaPay, VoletUSD, EUR, GBP, JPY, CHF -
3
World Forex100% Deposit Bonus
Ratings/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5/ 5
$10.01 Lots1:1000SVGFSAForex, CFD Stocks, Metals, Energies, Cryptos, Digital ContractsMT4, MT5Wire Transfer, Debit Card, Credit Card, Visa, Mastercard, Google Wallet, Apple Pay, Perfect Money, Bitcoin Payments, VoletUSD, EUR, RUB
Here is a summary of why we recommend these brokers:
- Pocket Option - Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
- xChief - xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
- World Forex - World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
Volet Brokers Comparison
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
|
|
$50 | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | Web, MT4, MT5 | - |
|
|
$10 | CFDs, Forex, Metals, Commodities, Stocks, Indices | MT4, MT5 | 1:1000 |
|
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$1 | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | MT4, MT5 | 1:1000 |
Pocket Option
"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."
Pocket Option Quick Facts
| Bonus Offer | 50% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos |
| Regulator | MISA |
| Platforms | Web, MT4, MT5 |
| Minimum Deposit | $50 |
| Minimum Trade | $1 |
| Account Currencies | USD |
Pros
- The web platform shines for its straightforward design and usability that will appeal to beginners looking to speculate on popular financial markets in a few clicks
- The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
- Well-funded traders who deposit $1000+ can qualify for a 2%+ payout boost, more tradable assets and exclusive perks
Cons
- Despite offering competitive payouts up to 92%, binary brokers like IQCent offer higher returns up to 98% based on tests
- The MISA is a weak regulator with limited investor protection for retail traders
- The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month
xChief
"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."
xChief Quick Facts
| Bonus Offer | $100 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Metals, Commodities, Stocks, Indices |
| Regulator | ASIC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY, CHF |
Pros
- The broker offers several account types to suit different traders, including a Cent account for beginners and pro-level hedging/netting accounts
- The low minimum deposit of $10 will appeal to beginners, as well as the beginners’ guides in the Library
- The broker offers a turnover rebate scheme geared towards active investors, as well as trading credits and several other occasional bonuses
Cons
- The broker trails competitors when it comes to research tools and educational resources
- xChief is an offshore broker with weak regulatory oversight from the VFSC, so traders will receive limited safeguards
- Fees and minimums are imposed on most withdrawal methods, including a €60 minimum for SWIFT bank transfers
World Forex
"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders."
Tobias Robinson, Reviewer
World Forex Quick Facts
| Bonus Offer | 100% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Regulator | SVGFSA |
| Platforms | MT4, MT5 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, RUB |
Pros
- VPS hosting
- 10+ accepted payment methods
- Swap-free account available
Cons
- Withdrawal fees apply
- Weak regulation
- No negative balance protection
How Did We Choose The Best Volet Brokers?
To find the top Volet brokers, we:
- Took our directory of 500 brokers and identified those accepting Volet
- Checked they support Volet deposits and withdrawals for day trading
- Sorted them by their total rating, combining 100+ data points with our testers’ observations
What Is Volet?
ADVcash was set up in Belize and has been operating since 2014, pooling multiple forms of currencies into one easily accessible environment for its users.
As an online payment processing and money transfer method, the platform supports several global and national fiat currencies, virtual and physical payment cards, and merchant tools, all rolled into one simple system.
The payment method allows you to top up accounts, transfer funds, receive payments, pay for goods and services plus buy and sell cryptocurrency, all while avoiding the high costs and taxes of some other companies.
ADVcash was operating as an offshore company, which raises legitimacy and security concerns. However, it rebranded to Volet in 2024 and set up in Canada, as it looks to expand its suite of payment services.
Fees
Volet keeps costs for traders low, which places them in a competitive position in the market. Its users can normally transfer their money free of any fees and restrictions to any other Volet wallet.
Opening an account is also free, though deposits may incur charges. While bank transfer funding is only subject to third-party (bank) fees, using other options, like Mastercard and Visa payment cards, may see a 3 to 5% charge.
Withdrawal fees can also be charged depending on the method used. Bank transfers are free but, again, payment card costs start at a minimum of 3%.
To get a Volet plastic payment card, you may need to pay additional charges. You should also look out for other fees like currency exchange charges.
Verification
When you have set up a wallet, you will not have complete use of all the available features until it has been verified.
Verification requires your country, city, home address, phone number and main language. You may also need to provide proof of identity.
Speed
Volet is a fairly fast payment method that often offers near-instant deposits to brokerage accounts.
If the withdrawal or deposit time is slower than expected, this could be an issue on the end of your broker.
Security
Even though ADVcash was only set up in 2014, the company itself has over 20 years of experience in the finance sector.
This, as well as its large user base and largely positive reviews, suggests it is a stable, legitimate payment method. That said, some feedback does point to poor customer service and account restrictions.
How To Deposit Using Volet
Volet supports account deposits in USD, EUR, GBP, BRL, RUB, UAH and KZT, as well as several major cryptocurrencies.
To fund your trading account:
- Select ‘deposit’ or similar in your broker account portal and click on Volet (it may be listed under ‘electronic payment system’
- Choose the desired amount and currency (most brokers have a minimum deposit of <$250)
- You may be redirected to Volet to select the wallet and confirm the transaction
Pros & Cons Of Funding Your Trading Account With Volet
Pros
- There is the ability to store different currencies in one account, which is helpful if you trade on the forex market.
- You can transfer funds via email, reducing the number of people handling your money.
- There are many supported account currencies, including cryptocurrencies like Bitcoin.
- The support of both virtual and physical payment cards improves transaction times and supports quick spending.
- Everything with Volet is quick, including verification by SMS, deposits and withdrawals.
- Low fees spread across the system, including internal transfers without commission.
Cons
- There is no wallet app, which limits the level of fund accessibility and account management, such as viewing pending transfers.
- Deposit and withdrawal fees from and to debit and other cards reduce the cost-effectiveness of the system for some traders.
- The number of Volet brokers is limited compared to platforms supporting alternative payment methods.
Is Volet Good For Day Trading?
Volet is an accessible online payment system with many supported fiat and cryptocurrencies. With 24/7 customer service and global accessibility, it could be a reasonable way to make transactions to and from your trading account.
However, the fees associated with many common deposit and withdrawal methods push the system behind alternative competitors like PayPal and Skrill.
FAQ
Do I Need To Register With Volet Before Depositing To My Trading Account?
Yes, you will need to register an account with Volet to transfer funds to and from your trading account. To open an account, simply head to their website, choose the desired account type (personal or business) and fill in your information.
How Do I Get Help If There’s A Problem With My Volet Brokerage Deposit?
If you encounter any issues with making a transaction through your broker, Volet offers 24/7 live customer service that can be accessed through the company’s website or via email at support@volet.com. Alternatively, contact your broker directly.
Can I Use A Volet Mobile App To Deposit To My Trading Account?
There is no supported mobile application for on-the-go account management and account funding, so those looking for a payment system with an iOS (App Store) or Android (Google Play Store) app download may want to find another solution, for example, Apple Pay or Google Wallet.