15 Best Forex Brokers Accepting Credit Cards

Best Forex Brokers Accepting Credit CardsCredit card payments are usually processed instantly and can be made via secure global networks. In this article, we review the 15 Best Forex Brokers Accepting Credit Cards.

Credit cards are one of the most convenient methods of online payment, and can also b the most secure because it is not linked to any other bank accounts.

Unauthorised transactions on credit cards can usually be reversed and most payment applications accept credit cards, like Mastercard or Visa.

Another perk of using a credit card is that almost every broker accepts credit card payments and your payments will be processed instantly in most cases.

You can also easily withdraw funds from your Forex account to your credit card, but withdrawals from Forex accounts may take 1-2 days to process as there are greater security risks. 

Credit card payments are also usually free or have very low fees, while charges will always be charged to make bank transfers.

Most credit cards will be either Visa, Maestro or Mastercards and the credit card you use will depend on the bank you are with and the country you live in. 

Although credit cards have many advantages, they are very risky for people who spend money easily. 

Always keep an eye on your spending and settle your card each month to avoid high interest rates for overdue payments.

Let’s take a look at some of the best brokers that accept credit cards:

 

eToro

Overall Rating

4.2/5

💰Minimum Deposit

USD 50

🌐 Regulators

FCA, CySEC, ASIC

📱 Platforms

eToro app, OpenBook, eToro CopyTrade

Crypto

Yes

💵 Account Currency

USD, AUD, CNY, CAD, GBP, EUR, JPY, RUB

☪️ Islamic Account

Yes

📊 Leverage

1:30

🛒 Instruments

Stocks, Commodities, Indices, Forex, ETFs, Cryptocurrencies

🏛️ Visit Broker

eToro was founded in 2007 and is regulated by FCA, ASIC and CySEC. 

eToro has more than 25 million clients and also accepts clients from the USA. 

eToro is a beginner-friendly broker and you can use the trading academy to learn how to trade. 

You can use Credit/Debit Cards, Paypal, Neteller, Skrill, online banking and several other methods. 

Most eToro deposits are instant.

 

eToro Pros and Cons:

✔️Pros Cons
Tier-1 regulations No MetaTrader support
Commission-free trading Forex fees are high
60+ crypto Withdrawal fees
6+ account currencies

 

AvaTrade

Overall Rating

4.9/5

💰Minimum Deposit

USD 100

🌐 Regulators

MiFID, FSA, ASIC, BVI, FFAJ, FSCA, ADMG, FRSA

📱 Platforms

MetaTrader 4, MetaTrader 5

Crypto

Yes

💵 Account Currency

AUD, EUR, USD, GBP, CHF

☪️ Islamic Account

Yes

📊 Leverage

1:400

🛒 Instruments

Forex, Bonds, Stocks, Commodities, ETFs, Indices, Crypto

🏛️ Visit Broker

AvaTrade is an award-winning broker that was founded in 2006.

AvaTrade offers fixed spreads and 4 types of accounts and you can trade a variety of Indices, Bonds, ETFs, Stocks, Forex pairs, Cryptocurrencies and Commodities.

AvaTrade is beginner-friendly and you can trade commission-free.

 

AvaTrade Pros and Cons:

✔️Pros ❌Cons
Heavily regulated Service not offered to US citizens
Commission-free trading Telephonic customer support seems lacking
Great educational materials
Highly regulated

 

FXTM

Overall Rating

4.1/5

💰Minimum Deposit

USD 10

🌐 Regulators

CySEC, FCA, FSC

📱 Platforms

MT4, MT5, FXTM Trader

Crypto

No

💵 Account Currency

USD, EUR, GBP, NGN

☪️ Islamic Account

Yes

📊 Leverage

1:2000

🛒 Instruments

Metals, Stocks, CFDs, Indices, Forex, Commodities

🏛️ Visit Broker

FXTM (Forextime) is beginner-friendly and has over 2 million clients.

FXTM was founded in 2011 and is regulated by FSC, CySEC and FCA.

You can fund your account using several payment methods and credit cards, including Visa, Mastercard, Maestro and Google Pay.

 

FXTM Pros and Cons:

✔️Pros ❌Cons
CySEC-regulated No US clients
Low minimum deposit Inactivity fees
Trading bonuses

 

XM

Overall Rating

4.1/5

💰Minimum Deposit

USD 5

🌐 Regulators

ESMA, CySEC, ASIC, FCA, IFSC, DFSA

📱 Platforms

Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform

Crypto

No

💵 Account Currency

USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB

☪️ Islamic Account

Yes

📊 Leverage

1:1000

🛒 Instruments

Commodities, Forex, Stocks, Crypto, Metals, Shares, Energies

🏛️ Visit Broker

XM

You can open an account with XM by depositing only $5 and you can make deposits and withdrawals using bank wire transfer, credit cards and other electronic payment methods.

XM covers all fees and the credit cards supported include Visa, Mastercard, Maestro and China UnionPay.

XM was founded in 2009 and has over 5 million clients. 

XM offers more than 1,000 instruments.

 

XM Pros and Cons:

✔️Pros ❌Cons
Highly regulated No fixed spreads
Low minimum deposit No US clients
Negative Balance Protection Inactivity fees
1,000+ instruments

 

BDSwiss

Overall Rating

3.5/5

💰Minimum Deposit

USD 200

🌐 Regulators

CySec, FSC, FSA, BaFin, NFA

📱 Platforms

MT4, MT5, BDSwiss app

Crypto

Yes

💵 Account Currency

EUR, USD, GBP, PLN, CHF, SEK, DKK, NOK

☪️ Islamic Account

Yes

📊 Leverage

1:500

🛒 Instruments

Forex, Commodities, Shares, Indices, Cryptocurrencies

🏛️ Visit Broker

BDSwiss was founded in 2012 and has over 1.5 million clients. 

BDSwiss accounts can be funded using Visa cards, Mastercard, Maestro, Skrill, Neteller and several other methods.

Card payments are processed immediately and withdrawals are processed within 24 hours.

 

BDSwiss Pros and Cons:

✔️Pros ❌Cons
Zero-commission trading Not available to US citizens
Multiple apps
Instant withdrawals
Well-regulated broker

 

OctaFX

Overall Rating

3.7/5

💰Minimum Deposit

USD 100

🌐 Regulators

FSA, SVGFSA

📱 Platforms

MT4, MT5, OctaFX app

Crypto

Yes

💵 Account Currency

EUR, USD

☪️ Islamic Account

Yes

📊 Leverage

1:500

🛒 Instruments

Forex, CFDs, Stocks, Commodities, Cryptocurrencies

🏛️ Visit Broker

OctaFX was founded in 2011 and has more than 12 million clients. 

OctaFX offers 2 types of accounts and plenty of educational resources and research material for beginners.

You can make deposits using a Visa card, Mastercard and e-wallet, as well as several other methods. 

 

OctaFX Pros and Cons:

✔️Pros Cons
10 mil+ clients No tier-1 regulations
Commission-free trading
Beginner-friendly
24/7 customer support

 

Alpari

Overall Rating

3.7/5

💰Minimum Deposit

USD 5

🌐 Regulators

FSC

📱 Platforms

MT4, MT5, Alpari Mobile

Crypto

No

💵 Account Currency

USD, EUR, GBP, NGN

☪️ Islamic Account

Yes

📊 Leverage

1:1000

🛒 Instruments

Forex, Metals, CFDs

🏛️ Visit Broker

Alpari was founded in 2012 and is a great broker for copy trading.

Alpari offers 4 types of accounts and provides beginner-friendly educational resources.

Alpari has more than 2 million clients and offers referral rewards.

You can fund your account using Visa, Mastercard, Maestro, Skrill, Neteller and several other payment methods. 

 

Alpari Pros and Cons:

✔️Pros ❌Cons
Low minimum deposit Not many account currencies
Good for Copy Trading No crypto
Flexible account types No USA clients
beginner-friendly

 

NordFX

Overall Rating

2.9/5

💰Minimum Deposit

USD 10

🌐 Regulators

VFSC

📱 Platforms

MT4, NordFX mobile app

Crypto

Yes

💵 Account Currency

USD, EUR, CNY, IDR, GBP, VND, THB, PHP

☪️ Islamic Account

No

📊 Leverage

1:1000

🛒 Instruments

FX Pairs, Metals, Crypto, CFDs, Indices, Stocks, Oil

🏛️ Visit Broker

NordFX was founded in 2008 and is based in Port Louis, Mauritius.

NordFX offers 3 types of trading accounts and a unique crypto savings account with daily payouts and 30% APY.

Spreads start as low as 0 pips on the Zero account and commission-free accounts are offered.

NordFX is a great option for copy traders and beginners, and plenty of educational resources are provided.

Deposits can be made using many payment methods, including Visa and Mastercard Bank cards. 

Card payment transactions are processed instantly and are free of charge.

 

NordFX Pros and Cons:

✔️Pros Cons
Low minimum deposit No swap-free account
Variety of accounts Not many regulations
Beginner-friendly Inactivity fees
Commission-free trading

 

IC Markets

Overall Rating

4.8/5

💰Minimum Deposit

USD 200

🌐 Regulators

FSA, CySEC, ASIC

📱 Platforms

MT4, MT5, cTrader

Crypto

Yes

💵 Account Currency

AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF

☪️ Islamic Account

Yes

📊 Leverage

1:500

🛒 Instruments

Stocks, Commodities, Indices, Forex, Bonds, Crypto, Futures

🏛️ Visit Broker

IC Markets was founded in 2007 and offers 3 types of trading accounts.

IC Markets is a top-rated broker for beginners and trading guides are provided on the website.

IC Markets offers spreads from as low as 0 pips and offers more than 1,980 instruments.

We recommend IC Markets for day traders, Scalpers and EA traders.

You can fund your account using Skrill, Neteller, PayPal, Visa and Mastercard, with no additional commission fees and instant deposits. 

 

IC Markets Pros and Cons:

✔️Pros ❌Cons
Instant deposits No US clients
1,980+ instruments High min deposit
8+ base currencies

 

LiteFinance

Overall Rating

4.2/5

💰Minimum Deposit

USD 50

🌐 Regulators

CySEC

📱 Platforms

MT4, MT5

Crypto

Yes

💵 Account Currency

USD, EUR, MBT, USD, EUR, MBT

☪️ Islamic Account

Yes

📊 Leverage

1:1000

🛒 Instruments

Forex, Metals, Oil, Stocks, NASDAQ CFDs, NYSE CFDs, Crypto

🏛️ Visit Broker

LiteFinance (formerly LiteForex) is an ECN broker that was founded in 2005.

LiteFinance offers 2 types of trading accounts and a 30% deposit bonus.

Spreads start as low as 0 pips and you can fund your account using several payment methods, including Maestro, Visa and Mastercard.

 

LiteFinance Pros and Cons:

✔️Pros Cons
Good social trading platform No USA clients
Tight spreads
Beginner-friendly
Welcome bonus

 

JustForex

Overall Rating

4.2/5

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC

📱 Platforms

MT4, MT5

Crypto

Yes

💵 Account Currency

USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR

☪️ Islamic Account

Yes

📊 Leverage

1:3000

🛒 Instruments

Forex, Metals, Indices, Shares, Cryptocurrencies, energies

🏛️ Visit Broker

JustForex was founded in 2012 and is based in Belize. 

JustForex is an ECN and STP broker and offers 5 types of trading accounts. 

JustForex offers tight spreads and commission-free trading.

JustForex is one of our top-rated brokers for beginners and plenty of educational and research material is provided.

You can fund your account using Visa, Mastercard, Skrill, Neteller and several other methods.

 

JustForex Pros and Cons:

✔️Pros Cons
Low minimum deposit No USA and UK clients
8+ account currencies
Beginner-friendly
Multiple accounts

 

BlackBull Markets

Overall Rating

4.1/5

💰Minimum Deposit

USD 0

🌐 Regulators

FMA

📱 Platforms

MT4, MT5

Crypto

No

💵 Account Currency

USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR

☪️ Islamic Account

Yes

📊 Leverage

1:500

🛒 Instruments

26,000+

Forex, Indices, Commodities, Metals, Energy

🏛️ Visit Broker

Blackbull markets

Blackbull markets offers 3 types of accounts and spreads starting as low as 0 pips.

Blackbull Markets is an ECN broker that was founded in 2014.

Blackbull Markets offers more than 23,000 instruments and 24/7 customer support.

You can fund your account using Visa, MasterCard, Skrill and several other methods.

 

Blackbull Markets Pros and Cons:

✔️Pros Cons
24/7 support No access to US clients
23,000+ instruments
Beginner-friendly
Tight spreads

 

City Index

Overall Rating

3.7/5

💰Minimum Deposit

£50

🌐 Regulators

IIROC, JFSA, ASIC, FCA, CFTC

📱 Platform

MT4, City Index app

Crypto

No

💵 Account Currency

USD, CHF, EUR, GBP, HUF, AUD, JPY, PLN

☪️ Islamic Account

Yes

📊 Leverage

1:30

🛒 Instruments

Indices, Shares, Forex, Metals Bonds, Options, Commodities

🏛️ Visit Broker

City Index has more than 1 million clients and was founded in 1983.

City Index is a popular spread betting broker based in the UK.

City Index provides a trading academy and demo accounts for beginners.

City Index offers access to more than 13,000 markets.

You can fund your City Index account using PayPal, Bank transfers, Debit cards and Mastercard and Visa credit cards.

 

City Index Pros and Cons:

✔️Pros Cons
13,000+ markets Inactivity fees
Beginner-friendly
Free Deposits and withdrawals=
Highly regulated

 

HYCM

Overall Rating

4.3/5

💰Minimum Deposit

USD 100

🌐 Regulators

FCA, CySEC, CIMA, DIFC

📱 Platforms

MT4, MT5

Crypto

Yes

💵 Account Currency

USD, GBP, EUR, AED

☪️ Islamic Account

Yes

📊 Leverage

1:500

🛒 Instruments

Forex, Stocks, Indices, Cryptocurrencies, Commodities, ETFs

🏛️ Visit Broker

HYCM was founded in 1998 and more than 25,000 orders are processed per day by this broker.

HYCM offers tight spreads and 3 types of trading accounts.

HYCM provides plenty of detailed trading guides for beginners and you can use a demo account. 

You can fund your account using several methods, including Visa and Mastercard and card payments will take up to 1 hour to be processed.

No additional fees are charged on any payment methods when making deposits or withdrawals.

 

HYCM Pros and Cons:

✔️Pros Cons
40+ forex pairs No US clients
Fixed spreads Inactivity fees
Commission-free trading
Free deposits/withdrawals

 

Libertex

Overall Rating

3.9/5

💰Minimum Deposit

USD 100

🌐 Regulators

CySEC

📱 Platforms

MT4, MT5, Libertex platform

Crypto

Yes

💵 Account Currency

EUR, GBP, PLN, CFH

☪️ Islamic Account

No

📊 Leverage

1:600

🛒 Instruments

Crypto, Metals, ETFs, Stocks, Forex, Indices, Oil, gas, commodities

🏛️ Visit Broker

Libertex was founded in 1997 and has won over 40 international awards.

Libertex has more than 2.9 million clients and 

Libertex offers 2 types of accounts and tight spreads starting as low as 0 pips.

You can fund your account using Visa cards and Mastercards and payments will be processed within 24 hours.

 

Libertex Pros and Cons:

✔️Pros Cons
Highly regulated Not many base currencies
Negative Balance Protection No trading bonus
Tight spreads No swap-free account

 

Conclusion

There are many benefits to using a credit card to fund your Forex account. Instant, free deposits and withdrawals are the biggest perks and these are the 15 Best Forex Brokers Accepting Credit Cards.

The majority of brokers accept credit card payments, which makes it a convenient and easy payment method.

Most regulated brokers will also comply with financial standards and use website encryption to protect accounts, so your accounts are safe.

Credit cards are definitely the cheaper and faster option when it comes to making deposits and withdrawals on your account and we hope that this article helps you choose a broker that is right for you.

Good luck with your trading!

 

Disclaimer

Remember, 75% of retail investors lose money when trading CFDs and there is a high risk of losing your capital in the forex markets.

The information on this website is in no way intended to be used as financial advice and opening an account with any broker is done at your own discretion and risk.

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