POLi is an online payment processor that is accepted as a funding method by many forex brokers that are regulated by the Australian Securities and Investment Commission (ASIC). The main reason for this is that Australia is POLi’s home country, and it is highly popular among all types of users both in Australia and in New Zealand.
POLi is owned by Australia Post, which is Australia’s state-run postal service. As a result of the government’s involvement, POLi enjoys a high level of trust among Australian traders and others. The service differs from most typical e-wallet platforms in that it connects directly to the user’s bank account, which makes it possible to send POLi transfers even without having a payment card like Visa or MasterCard.