Volet

Volet is an electronic wallet that rebranded from AdvCash in 2024. It holds balances in several fiat currencies and in crypto, issues cards in some regions, and is accepted by a large number of retail forex brokers — particularly those serving clients in regions where card acceptance for brokerage is unreliable.

How it is used

You fund the wallet by bank transfer, card or crypto, then push a payment to the broker from the wallet balance. Broker deposits from Volet are near-instant because the wallet-to-merchant leg is an internal book transfer, and withdrawals back to the wallet are supported by most brokers that accept it as a deposit method — which makes it a genuine two-way rail rather than a deposit-only one.

Fees

The cost sits in the wallet's own tariff rather than at the broker. Loading the wallet carries a fee that varies sharply by method — crypto loads are cheap, card loads are not — and internal transfers to a merchant carry a small percentage. Currency exchange inside the wallet has its own spread. A trader who compares only the broker's stated deposit fee will misjudge the total, because most of it is charged before the money ever reaches the broker.

Verification and account risk

Volet applies its own identity verification, and unverified accounts face tight limits. Because e-wallets sit outside the deposit guarantee schemes that cover banks, a balance held there is exposed to the provider's own solvency and to its compliance decisions — wallet accounts can be restricted pending review, and a restricted wallet blocks the withdrawal route you planned to use.

What to check first

Do not treat the wallet as a place to store trading capital between positions; move it to a bank once withdrawn. Confirm the broker supports Volet for withdrawals and not only for deposits — ProForexBrokers.com sees one-way support listed ambiguously often enough that it is worth asking support directly and keeping the answer.