About GiroPay: A German Internet payment system in Germany, Giropay allow clients to transact using their online banking system. Transactions happen in real time and the system can be used with all German banking providing an extremely convenient payments system. With no chargeback rights Giropay is an extremely suitable payment system for FX brokers to accept money as the risk of fraud is very low. Transaction fees are very low and decrease with transaction volume, making it ideal for the Forex market. Since Germany is a very active region in the FX sector traders will be pleased to know that a number of brokers now accept GiroPay for Forex transactions.