Debit cards can be used to fund your forex account and make withdrawals from it and are a good alternative to bank wire transfers or if you do not own a credit card. In this article, we review the 15 Best Forex Brokers Accepting Debit Cards.
One of the main benefits of using a debit card is that you are using your own money and not borrowed money.
If your trades are unsuccessful and you used a credit card, you’ve lost money and you still owe the bank money, but with a debit card, you only lose the money you already had.
Debit cards are also a cheaper and safer option because no interest is charged and the transaction fees are very low.
Many new debit cards have similar features to credit cards and can be used for online payments, which was not previously an option.
Now that debit cards can be used to transact online, you can enjoy the freedom of a credit card without its risks.
Let’s look at some of the top-rated brokers globally that accept debit card payments:
Exness
Overall Rating Rated #1 of USD 10 FSA, CBCS, FSC, FSC, FSCA, CySEC, FCA 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, EUR, ZAR, CHF, NZD, SGD, JPY, AUD Yes 1:unlimited 🛒 Instruments 100+ Forex, Cryptocurrencies, Energies, Metals, Shares, Stocks, Commodities 🏛️ Visit Broker
4.9/5
Recommended FX Brokers
Min. Deposit
Regulators
Islamic Account
Leverage
Exness was founded in 2008 and is an internationally regulated beginner-friendly broker.
Exness offers unlimited leverage on 100+ instruments and accounts can be connected to the MetaTrader platforms.
Exness has 340,000+ clients and offers an intuitive mobile app that can be used to easily manage accounts and trade.
Exness Pros and Cons:
| ✔️Pros | ❌Cons |
| No inactivity fees | No trading bonus |
| 6+ account currencies | |
| Highly regulated | |
| 105+ Forex pairs |
TIO Markets
Overall Rating USD 50 FCA 📱 Platforms MT4, MT5 ₿ Crypto No 💵 Account Currency USD, GBP, EUR, CAD, AUD, CZK, ZAR, BTC, ETH, UST Yes 1:500 🛒 Instruments Forex, Stocks, Energies, Indices, Metals 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
TIO Markets was founded in 2018 and has more than 100,000 clients.
TIO Markets offers a user-friendly website and mroe than 300 instruments.
Spreads with TIO Markets start from 0.2 pips and there are 3 types of accounts to choose from.
TIO Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| Access to Trading Central | No Islamic accounts |
| EA trading allowed | Not USA clients |
| 100+ currency pairs | |
| No commission on VIP account |
LiteFinance
Overall Rating USD 50 CySEC 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, EUR, MBT, USD, EUR, MBT Yes 1:1000 🛒 Instruments Forex, Metals, Oil, Stocks, NASDAQ CFDs, NYSE CFDs, Crypto 🏛️ Visit Broker
4.2/5
Minimum Deposit Regulators Islamic Account Leverage
LiteFinance (formerly LiteForex) was founded in 2005 and is a popular NASDAQ stocks broker.
LiteFinance offers 2 types of accounts and a 30% deposit bonus on the Classic account.
LiteFinance provides updated analytics from Claws&Horns and is a great option for beginners and copy traders.
LiteFinance Pros and Cons:
| ✔️Pros | ❌Cons |
| Recommended for social trading | Not many regulations |
| Deposit bonus | No USA clients |
| Supports MetaTrader platforms | |
| Low minimum deposit |
FXPrimus
Overall Rating USD 0 CySEC, VFSC 📱 Platforms MetaTrader 4, MetaTrader 5 ₿ Crypto Yes 💵 Account Currency USD, EUR, GBP, SGD, PLN Yes 1:1000 🛒 Instruments Forex, Metals, Energies, Equities, Cryptocurrencies, Indices, Futures 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account Leverage
FXPrimus is a CySEC-regulated broker with more than 300,000 clients.
FXPrimus offers 200+ instruments with spreads from 0.2 pips.
FXTM provides free trading tools and educational resources and there are multiple accounts to choose from.
FXPrimus Pros and Cons:
| ✔️Pros | ❌Cons |
| No minimum deposit | No USA clients |
| Tight spreads | Not many regulations |
| Negative balance protection | |
| Beginner-friendly |
FXCC
Overall Rating USD 0 CySEC 📱 Platforms MT4 ₿ Crypto Yes 💵 Account Currency USD, EUR, GBP Yes 1:500 🛒 Instruments Forex, Crypto, Metals, Energies, Indices 🏛️ Visit Broker
4.3/5
Minimum Deposit Regulators Islamic Account Leverage
FXCC is a regulated and licensed NDD and STP broker that was founded in 2010.
FXCC offers 3 types of accounts and is a beginner-friendly broker.
You can earn up to $250 through the FXCC referral program and VPS services are offered.
FXCC Pros and Cons:
| ✔️Pros | ❌Cons |
| Tight spreads | Not available to US clients |
| Commission-free trading | Not many regulations |
| No deposit fees | |
| Deposit bonus |
FxPro
Overall Rating USD 100 FCA, CySEC, FSCA 📱 Platforms FxPro platform, cTrader, MT4, MT5 Yes 💵 Account Currency EUR, USD, GBP, CHF, PLN, AUD, JPY, ZAR Yes 📊 Leverage 1:200 🛒 Instruments Forex, Metals, Indices, Shares, Energies
4.6/5
Minimum Deposit Regulators Islamic Account
FxPro has more than 2.1 million clients and was founded in 2006.
FxPro offers 2,100+ instruments and is a great option for copy trading and social traders.
FxPro has won more than 95 international awards and customer service has good ratings.
FxPro Pros and Cons:
| ✔️Pros | ❌Cons |
| Multiple trading platforms | High minimum deposit |
| 5+ Base currencies | Inactivity fees |
| CySEC-regulated |
OctaFX
Overall Rating USD 100 FSA, SVGFSA 📱 Platforms MT4, MT5, OctaFX app ₿ Crypto Yes 💵 Account Currency EUR, USD Yes 1:500 🛒 Instruments Forex, CFDs, Stocks, Commodities, Cryptocurrencies 🏛️ Visit Broker
3.7/5
Minimum Deposit Regulators Islamic Account Leverage
OctaFX has more than 12 million clients and was founded in 2011.
OctaFX offers commission-free trading and provides daily trading ideas.
OctaFX has received more than 50 international awards and offers a 50% deposit bonus.
OctaFX Pros and Cons:
| ✔️Pros | ❌Cons |
| 10 mil+ clients | No tier-1 regulations |
| Trading bonuses | 2 base currencies |
| No commissions | |
| 24/7 customer support |
ACY Securities
USD 50 ASIC, VFSC 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, AUD, EUR, GBP, NZD, CAD, JPY Yes 1:500 🛒 Instruments Forex, Indices, Shares, ETFs, Metals, Commodities, Crypto 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
ACY Securities is an Australian broker that was founded in 2013.
ACY Securities offers more than 2,200 instruments and tight spreads from 0 pips.
You can view the latest market news directly from the ACY Securities website and trade on the mobile app.
ACY Securities offers 3 types of accounts.
ACY Securities Pros and Cons:
| ✔️Pros | ❌Cons |
| Tight spreads | Not available to US clients |
| 2,200+ instruments | |
| ASIC-regulated |
Blackbull Markets
Overall Rating USD 0 FMA 📱 Platforms MT4, MT5 ₿ Crypto No 💵 Account Currency USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR Yes 1:500 🛒 Instruments 26,000+ Forex, Indices, Commodities, Metals, Energy 🏛️ Visit Broker Blackbull markets
4.1/5
Minimum Deposit Regulators Islamic Account Leverage
Black bull markets is a New Zealand-based ECN broker that was founded in 2014.
Blackbull Markets offers 3 types of accounts and more than 23,000 instruments.
As a Blackbull Markets client, you can use AutoChartist and FIX API.
Blackbull Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| Zero-commission accounts | No access to US clients |
| Tight spreads from 0 pips | Fixed spread accounts not available |
| 23,000+ instruments | |
| 24/7 support |
Axiory
USD 0 IFSC, MFSC, FCA 📱 Platforms MT4, MT5, cTrader, Axiory CopyTrade App ₿ Crypto No 💵 Account Currency EUR, USD Yes 1:777 🛒 Instruments Forex, Gold, Metals, Energies, Oil, CFD indices, CFD stocks, ETFs 🏛️ Visit BrokerMinimum Deposit Regulators Islamic Account Leverage
Axiory is an ECN and STP broker that was founded in 2011.
Axiory offers 5 types of accounts, deposit bonuses and more than 150 instruments.
Axiory provides educational resources, technically analysis reports and daily market news.
Axiory Pros and Cons:
| ✔️Pros | ❌Cons |
| Deposit bonus | 2 base currencies |
| Low minimum deposit | No USA clients |
| Commission-free accounts | No crypto |
| Spreads from 0 pips | |
| Beginner-friendly |
FBS
16,000,000+ Traders Overall Rating USD 1 CySEC, IFSC, FSCA, ASIC 📱 Platfroms MT4, MT5, FBS trader, CopyTrade ₿ Crypto Yes 💵 Account Currency EUR, USD Yes 1:30 🛒 Instruments Forex, Indices, Stocks, Metals, Energies, Crypto Welcome bonus 🏛️ Visit Broker FBS has launched a new type of account specifically for trading cryptocurrencies. The new Crypto account has over 100 instruments with digital currencies. BTC, LTC, and ETH are just some of the instruments that will be available for trading against other cryptocurrencies or against more traditional currencies, commodities, and other instruments.
4.7/5
Minimum Deposit Regulators Islamic Account Leverage
FBS was founded in 2009 and has more than 17 million clients globally.
FBS offers 5 types of accounts and a deposit bonus.
Beginners can open a cent account or one of the other low-deposit accounts.
All strategies are allowed when reading with FBS and EA trading is also allowed.
FBS Pros and Cons:
| ✔️Pros | ❌Cons |
| Beginner-friendly | Low leverage cap |
| 24/7 support | 2 account currencies |
| Many regulations | |
| Low minimum deposit |
Capital.com
Overall Rating USD 20 FCA, ASIC, CySEC 📱 Platforms MT4, TradingView, Capital.com CFD app ₿ Crypto Yes 💵 Account Currency GBP, USD, EUR, PLN, AUD No 📊 Leverage 1:30 🛒 Instruments Crypto, Forex, Commodities, Indices, Shares 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account
Capital.com is a regulated beginner-friendly broker that has more than 1.8 million clients globally.
Capital.com provides updated market news, market analysis and heatmaps.
Capital.com also provides plenty of educational guides and is a great option for new traders.
Capital.com Pros and Cons:
| ✔️Pros | ❌Cons |
| 6,100+ instruments | Low leverage |
| 1.8mil+ clients | No swap-free accounts |
| tier- 1 regulations | |
| Low minimum deposit |
Trade Nation (Blackstone Futures)
Overall Rating USD 0 FCA, ASIC, SCB, FSCA 📱 Platforms MT4, TradeNation platform No 💵 Account Currency USD, GDP, EUR, DKK, SEK, NOK, AUD, ZAR No 1:200 🛒 Instruments Forex, Indices, Shares, Commodities, Futures, Bonds, CFDs
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
TradeNation (formerly Blackstone Futures) is a popular stock and forex broker that offers fixed spreads and plenty of beginner guides.
TradeNation provides a powerful proprietary trading platform and reliable news updates.
TradeNation Pros and Cons:
| ✔️Pros | ❌Cons |
| No inactivity fees | No USA clients |
| No minimum deposit | No bonuses |
| 5+ base currencies |
Vantage Markets (Vantage FX)
Overall Rating USD 200 ASIC, FCA, CIMA 📱 Platforms MT4, MT5, Vantage app, Protrader, Metaquotes apps, ZuluTrade, DupliTrade, MyFxBook ₿ Crypto No 💵 Account Currency AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD Yes 1:500 🛒 Instruments Forex, Indices, Energy, Soft commodities, Metals, CFDs 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
Vantage Markets (formerly VantageFX) was founded in 2009 and is an Australian CFD broker.
Vantage Markets is recommended for social traders and offers 3 types of accounts and spreads from 0 pips.
Vantage Markets offers a 50% welcome bonus and free market insights.
Vantage Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| Tight spreads | High minimum deposit |
| Multiple platforms | |
| 5+ base currencies |
Skilling
Overall Rating USD 100 CySEC, FSA 📱 Platforms cTrader, MT4, SkillingCopy ₿ Crypto Yes 💵 Account Currency USD, EUR, GBP N/A – 2 zero-swap accounts 1:500 🛒 Instruments Forex, Shares, Indices, Commodities, Crypto 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
Skilling is a Scandinavian-owned fintech company.
Skilling offers 4 types of accounts and all accounts can be used for scalping.
It is not clear whether Skilling offers swap-free accounts, but 2 of their accounts are zero-swap accounts.
We recommend Skilling for copy traders and social traders.
Skilling Pros and Cons:
| ✔️Pros | ❌Cons |
| 900+ instruments | 3 base currencies |
| 70+ currency pairs | |
| Multiple accounts |
Conclusion
By funding your forex account with a debit card, you can enjoy low fees and near-instant payment processing.
Debit cards have lower debt risks than credit cards and most new cards have similar features to credit cards and can easily be used for online payments.
Your debit card will also never charge you interest because no funds are being borrowed from your bank.
If your trades are unsuccessful, at least you won’t owe the bank money you don’t have.
We hope that this review of the 15 Best Forex Brokers Accepting Debit Cards will help you find a broker that aligns with your trading needs and goals.
Let us know if you want us to review any other types of brokers and check out our other broker reviews.
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.
