Sofort is a German organisation that allows funding directly by online bank transfer, instantly in many cases using the online banking credentials of the client. The service is exclusively available to clients from 11 of the major European countries. Since Sofort is technically like a local bank transfer chargebacks cannot be issued and this allows brokers to categorise clients funding their accounts with Sofort as low-risk compared to those funding via bank cards and similar methods. The advantages are that it is a fast and easy way for individuals with online banking to fund their Forex account, without requiring a third party account.