| Updated: September 1, 2025In today’s foreign exchange market, traders benefit from a wide variety of payment options for managing their accounts and executing trades efficiently. Credit and debit cards remain some of the most reliable payment methods, and prepaid cards from major brands such as Visa and Mastercard have also become increasingly popular. Forex brokers that have implemented these methods facilitate seamless funding and withdrawals.
Below, you can find a list of forex brokers that accept credit and prepaid cards:
Top 10 Forex Brokers That Accept Credit and Prepaid Cards
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Fusion Markets
- Australia regulated broker
- MT4, MT5, TradingView, Ctrader
- Leverage up to 500
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
FP Markets
- Australia and CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
Pepperstone
- Australia and CySEC regulated broker
- MT4/MT5, TradingView, Ctrader, Iress
- EUR/USD spread from 0.0 pips
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
Plus500
- Multi-Level Regulated Broker
- Proprietary trading platforms
- Easy to use mobile app
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- ETF CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Share CFDs
- Stock CFDs
- US Stock CFDs
-
Global Prime
- Australia regulated broker
- Advanced MT4
- $0 Minimum Account Size
Trading InstrumentsDeposit Methods- Commodities CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
-
Axi
- Raw spreads start from 0.0 pips
- Offers order execution faster than standard ECN model
- Axi Select Funded Trader Program offers funding up to $1 million
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
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XM Group
- XM provides great trading experiences using MetaTrader 4 and MetaTrader 5, which are improved by personalized features.
- Zero commission accounts are available
- Top-tier regulation from CySEC, ASIC, FSC, and DFSA oversee XM's operations, assuring transparency and client safety.
Trading InstrumentsDeposit Methods- Bonds CFDs
- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- ETF CFDs
- Forex CFDs
- Forex Options
- Index Options
- Indices CFDs
- Metals CFDs
- Share CFDs
- Stock CFDs
- Stock Options
- US Stock Options
-
FXTM
- Established brokerage company regulated by UK FCA, Kenya CMA, and Mauritius FSC
- MT4, MT5, Mobile Trading Platform
- $1M Lloyd’s of London account insurance
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
Vantage FX
- Broker offering some of the lowest spreads from 0.0 pips
- Operating in multiple markets under licenses from tier-1 regulators
- Provides a range of account types with great trading conditions
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
-
ActivTrades
- Winner of 20+ Global Awards
- MT4/MT5, TradingView
- Leverage up to 1:400
Trading InstrumentsDeposit Methods- Bonds CFDs
- Commodities CFDs
- Crypto CFDs
- ETF CFDs
- Forex CFDs
- Indices CFDs
- Share CFDs
Brokers Compared by Spread
FX Brokers Deposit Method Comparison
| Brand | Minimum deposit | |
|---|---|---|
| Fusion Markets |  |
$0 |
| FP Markets | |
$50 (AU$100) |
| Pepperstone | |
$0 |
| Plus500 | |
$100 |
| Global Prime | |
$0 |
| Axi | |
$0 |
| XM Group |  |
$5 |
| FXTM | |
$200 |
| Vantage FX | |
$50 |
| ActivTrades | |
$0 |
The Best Forex Brokers by Regulator
| Brand | Maximum leverage | |
|---|---|---|
| Fusion Markets | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (VFSC | Retail Account) |
| FP Markets | |
1:500 (CySEC | Pro Account), 1:30 (ASIC | Retail Account), 1:30 (CySEC | Retail Account), 1:500 (FSAS | Retail Account) |
| Pepperstone | |
1:500 (CySEC | Pro Account), 1:500 (SCB | Pro Account), 1:30 (ASIC | Retail Account), 1:30 (CySEC | Retail Account), 1:30 (DFSA | Retail Account), 1:30 (FCA | Retail Account), 1:200 (SCB | Retail Account) |
| Plus500 | |
1:300 (Pro Account), 1:30 (ASIC | Retail Account), 1:30 (BaFin | Retail Account), 1:30 (CySEC | Retail Account), 1:30 (FCA | Retail Account), 1:30 (FMA | Retail Account), 1:30 (SFSA | Retail Account), 1:30 (DFSA), 1:300 (FSAS), 1:20 (MAS), 1:300 (SCB) |
| Global Prime | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (VFSC) |
| Axi | |
1:500 (Elite Account), 1:400 (Pro Account), 1:30 (ASIC | Retail Account), 1:30 (CySEC | Retail Account), 1:30 (DFSA | Retail Account), 1:30 (FCA | Retail Account), 1:500 (SVGFSA) |
| XM Group | |
1:30 (CySEC | Retail Account), 1:1000 (IFSC | Retail Account) |
| FXTM | |
1:30 (FCA | Retail Account), 1:400 (CMA), 1:3000 (FSCA) |
| Vantage FX | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (CIMA | Retail Account), 1:30 (FCA | Retail Account) |
| ActivTrades | |
1:400 (CMVM | Pro Account), 1:30 (CMVM | Retail Account), 1:1000 (FSC), 1:200 (SCB) |
Forex Brokers Platform Availability
| Brand | FX pairs to trade | |
|---|---|---|
| Fusion Markets | |
cTrader, MetaTrader 4, MetaTrader 5, TradingView |
| FP Markets | |
cTrader, TradingView |
| Pepperstone | |
MetaTrader 4, MetaTrader 5, Proprietary Mobile, Proprietary Web |
| Plus500 | |
Proprietary Mobile, Proprietary Web |
| Global Prime | |
MetaTrader 4 |
| Axi | |
MetaTrader 4 |
| XM Group | |
MetaTrader 4, MetaTrader 4 MultiTerminal, MetaTrader 5, Proprietary Mobile, Proprietary Web |
| FXTM | |
MetaTrader 4, MetaTrader 5 |
| Vantage FX | |
MetaTrader 4, MetaTrader 5, Proprietary Web, TradingView |
| ActivTrades | |
MetaTrader 4, MetaTrader 5, Proprietary Web, TradingView |
Comprehensive Comparison of Forex Brokers with Credit and Prepaid Cards
| Brand | Min. Deposit | Trading Platforms | Spread | Regulation | Trustpilot |
|---|---|---|---|---|---|
 |
$0 |
|
AVG 0.93 pips |
|
|
 |
$50 (AU$100) |
|
AVG 1.2 pips |
|
|
 |
$0 |
|
AVG 1.1 pips |
|
|
 |
$100 |
|
AVG 1.3 pips |
|
|
 |
$0 |
|
AVG 0.96 pips |
|
|
 |
$0 |
|
AVG 0.1 pips |
|
|
 |
$5 |
|
AVG 1.2 pips |
|
|
 |
$200 |
|
AVG 0.4 pips |
|
|
 |
$50 |
|
AVG 0.15 pips |
|
|
 |
$0 |
|
AVG 0.5 pips |
|
When evaluating forex brokers that accept credit, debit and prepaid cards, traders should consider factors such as fees, processing times and the security measures that banking institutions and the brokers themselves employ to protect sensitive financial information. Additionally, it is advisable to choose licensed, reputable brokers that provide excellent customer support.
What Are Credit, Debit and Prepaid Cards, and Are They Viable Options for Deposits and Withdrawals at Forex Brokers?
Bank cards of various types serve as reliable options for traders seeking hassle-free payments. Credit cards, in particular, have been the go-to choice for many members of the online trading community for years, offering a secure and efficient way to deposit funds into trading accounts. Major credit card brands, including VISA, Mastercard, American Express, Diners Club International and Maestro, are widely accepted by online forex brokers.
The viability of credit cards depends on various factors, including fees, interest rates and security measures. Moreover, the use of credit as opposed to one’s own funds can be an issue for traders prone to taking excessive risks. However, when used responsibly, credit cards can provide the flexibility needed to manage trading activities effectively.
Debit cards, on the other hand, are an alternative for traders who prefer to use their own funds rather than credit. With debit cards, traders can directly link their bank account to their trading account, eliminating the need for credit checks and minimising the risk of overspending. Their viability lies in their simplicity, speed and cost-effectiveness. By using debit cards, traders can maintain control over their finances and manage their trading activities with confidence.
Prepaid cards, which are loaded with a specific amount of funds, offer an additional layer of control for traders who want to limit their spending. Prepaid cards are often issued by Visa, Mastercard and other popular brands, and you will also come across options like Paysafecard. They have emerged as a suitable choice for traders looking for a secure and controlled way to fund their accounts. Like debit cards, they allow account holders to manage their risk exposure and avoid overspending. Their one downside is their limited availability compared with debit and credit cards.
How to Deposit into a Trading Account with Credit, Debit or Prepaid Cards?
Credit or debit cards are a convenient and efficient way to fund one’s trading account. To do so, you will need to choose a reputable forex broker that accepts credit or debit card deposits. Once you have selected a broker, follow these steps to make a deposit:
- Verify your account: Ensure that your trading account is verified and active, as this will typically be a requirement for credit or debit card deposits.
- Choose your payment method: Pick the card brand (Visa, Mastercard, etc.) and select the credit or debit card you wish to use to fund your account. Make sure the card is linked to a valid bank account and has sufficient funds.
- Enter your card details: Provide your card number, expiry date and security code to the broker. Be sure to enter these details accurately to avoid any issues with the transaction.
- Specify the deposit amount: Determine the amount you wish to deposit into your trading account and enter this amount into the broker’s system.
- Confirm the transaction: Review the transaction details and confirm that you wish to proceed with the deposit.
Depositing via prepaid cards is similar, but in addition to cards issued by banking institutions, you can also choose brands like Paysafecard. These cards must first be purchased or loaded with funds. If you have a prepaid card, simply enter the code and details into the broker’s system, specify the deposit amount and confirm the transaction. The funds will then be credited to your trading account.
How to Withdraw from a Trading Account with Credit, Debit or Prepaid Cards?
Withdrawing funds from a trading account using a credit or debit card can be straightforward, but it is essential to be aware of the key steps involved. Here’s a summary of the main considerations:
- Verify funding: Ensure that your trading account has been funded via a credit or debit card, as this is often a prerequisite for withdrawals. Otherwise, you will be required to cash out using the non-bank-card method you used to make the deposit.
- Account balance: Ensure that your trading account has sufficient funds to cover the withdrawal amount and that you have met any applicable withdrawal limits.
- Broker requirements: Familiarise yourself with the specific withdrawal procedures and guidelines set by your trading platform or broker, including any verification checks or documentation requirements. Be prepared to provide proof of identity and address, as well as other relevant information, to facilitate the withdrawal process.
- Fees and charges: Understand any applicable fees associated with credit and debit card withdrawals, including those charged by the trading platform, card issuer or other parties.
- Timing and delays: Card-based withdrawals may incur delays, so it is advisable to check the typical processing times for your trading platform or broker.
As for prepaid cards, they are not a viable option for cash-outs. Traders who rely on prepaid cards for deposits will need to explore alternative payment methods, such as bank transfers, traditional bank cards or digital wallets, to withdraw their funds.
Fees and Limits
When using bank cards for online transactions, traders should be aware of the associated fees and costs. These can include foreign transaction fees, currency conversion fees and charges levied by the broker or card issuer.
Most forex brokers accept deposits via bank cards, but associated limits vary across providers. The minimum top-up amount for credit and debit cards typically ranges from $5 to $100, although you will find brokers accepting deposits as low as $1. Minimum withdrawal limits can also be low, with some brokers allowing withdrawals of just $10 or even $5.
While there are exceptions, deposits do not usually involve any fees charged by the broker. The presence of withdrawal fees is also broker dependent. Some brokers offer fee-free cash-outs, while others charge clients a fixed administration fee if the withdrawal amount exceeds a certain threshold.
Prepaid card deposits are often subject to small minimums that suit traders with various budgets. Additionally, the vast majority of brokers do not charge traders anything when they make deposits via prepaid cards.
Since the exact fees and limits differ from broker to broker, it is best to consult the FAQ or payment methods section of your broker’s website before proceeding with any transactions. You may also contact the customer support team if anything appears ambiguous or confusing.
Security of Bank and Prepaid Card Transactions
For most forex brokers that accept bank and prepaid card transactions, security is a top priority. This ensures they can protect traders’ sensitive information and that deposits and withdrawals are executed without issues.
SSL encryption, which secures data transmissions, is standard among forex brokers. A technology dubbed 3D Secure (3DS) provides two-factor authentication, adding an extra layer of protection against unauthorised transactions. Additionally, many brokers comply with the Payment Card Industry Data Security Standard (PCI DSS), ensuring that card data is stored and processed securely. Some brokers also offer additional security features, such as card verification value (CVV) checks and IP blocking, to prevent suspicious activity.
When it comes to withdrawals, brokers typically require traders to provide further verification, such as proof of identity and address, to prevent money laundering and ensure the security of funds. It should be noted that, at most brokers, Know-Your-Customer (KYC) procedures are conducted prior to deposits as well.
Finally, the financial institutions that issue bank and prepaid cards are regarded as some of the most secure entities in the world of finance.
FAQs
What currencies do bank and prepaid cards support?
Credit and debit cards support a wide range of currencies, including but not limited to EUR, USD, GBP, CAD and JPY. The currency you use will depend on where you reside, as well as the currencies accepted by your broker. Prepaid cards tend to have a similarly broad selection of supported currencies.
Are KYC procedures mandatory?
Yes. Brokers are usually required by their local regulators to ensure they have all relevant information about their clients. KYC procedures aim to curb illicit activities such as money laundering and terrorist financing.
Can I withdraw via prepaid cards?
No. Prepaid cards are not suitable for withdrawals. They are only intended to facilitate purchases at online and retail locations, and their use at forex brokers is limited to deposits.
Are there any alternatives to bank and prepaid cards?
Indeed, you will often find a host of options when you deposit into your forex broker account or cash out. Bank transfers are the most reliable option, albeit transactions tend to take longer. Then there are digital wallets like PayPal and Skrill, cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), online banking services such as Interac and mobile payment solutions like Apple Pay or Google Pay. Their availability varies depending on your country of residence and the broker.
How long do credit, debit and prepaid card deposits take?
In most cases, you will not need to wait for the funds to appear in your account. Most credit, debit and prepaid card deposits are processed instantly.
Conclusion
In conclusion, credit, debit and prepaid cards are excellent ways to deposit funds into a forex account, with the first two being suitable for withdrawals as well. Bank cards are widely accepted by brokers across the globe, while prepaid cards have been gaining traction. Both offer reasonable transaction times, low fees and enhanced security. Advanced security measures, such as 3D Secure and two-factor authentication, protect cardholder data and prevent unauthorised transactions.
Why You Should Trust RationalFX
When it comes to making informed decisions about forex brokers, it's essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2,500 reviews on Trustpilot, boasting a score of 4.2, it's clear that Rational FX has built a reputation for providing reliable and unbiased information.
What sets Rational FX apart is its rigorous evaluation process, which considers over 30 different criteria when selecting forex brokers. This comprehensive approach ensures that every aspect of a broker's service is taken in consideration, including regulation, forex spreads, trading platforms, deposit methods, and reputation. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers. You can reach us via e-mail at feedback@rationalfx.com or contact us through our social media accounts here: Facebook, YouTube, or leave a feedback here.