| Updated: September 1, 2025When it comes to forex trading, having access to reliable payment methods is crucial for hassle-free deposits and withdrawals. One such solution is PayPal, which has gained popularity among traders for its security and convenience.
PayPal enjoys widespread acceptance among forex brokers around the globe, giving traders plenty of PayPal-friendly brands to choose from, which can make it difficult to find the right broker. To help you make the best choice, we have hand-picked the top forex brokerages that support PayPal transactions. This publication also covers the specifics of using PayPal, its benefits, and the potential fees you need to keep in mind when using it for trading purposes.
Below you can find a list of Forex brokers that accept PayPal:
Top 8 Forex Brokers that Accept PayPal
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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
-
Global Prime
- Australia regulated broker
- Advanced MT4
- $0 Minimum Account Size
Trading InstrumentsDeposit Methods- Commodities CFDs
- Forex CFDs
- Indices CFDs
- Metals 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
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eToro
- Popular broker for social trading
- Trading is conducted on innovative in-house platform
- Offers both investing and trading products
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- ETF CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Share CFDs
- Stock CFDs
- US Stock CFDs
-
FxPro
- NDD broker offering deep liquidity and ultra-fast execution
- Over 99% instant order executions with no requotes
- Supports MT4, MT5, cTrader, and a proprietary platform
Trading InstrumentsDeposit Methods- Commodities CFDs
- Crypto CFDs
- Energy CFDs
- Forex CFDs
- Indices CFDs
- Metals CFDs
- Stock CFDs
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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) |
| Global Prime | |
$0 |
| Pepperstone | |
$0 |
| Plus500 | |
$100 |
| eToro | |
$50 or $100 based on country ($10 for the UK) |
| FxPro | |
$100 |
| ActivTrades | |
$0 |
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) |
| Global Prime | |
1:500 (ASIC | Pro Account), 1:30 (ASIC | Retail Account), 1:500 (VFSC) |
| 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) |
| eToro | |
1:400 (CySEC | Pro Account), 1:30 (CySEC | Retail Account), 1:400 (FSAS | Retail Account) |
| FxPro | |
1:30 (CySEC | Retail Account), 1:30 (FCA | Retail Account), 1:10000 (SCB | 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 |
| Global Prime | |
MetaTrader 4 |
| Pepperstone | |
MetaTrader 4, MetaTrader 5, Proprietary Mobile, Proprietary Web |
| Plus500 | |
Proprietary Mobile, Proprietary Web |
| eToro | |
Proprietary |
| FxPro | |
cTrader, MetaTrader 4, MetaTrader 5 |
| ActivTrades | |
MetaTrader 4, MetaTrader 5, Proprietary Web, TradingView |
Comprehensive Comparison of the Best PayPal Forex Brokers
| Brand | Min. Deposit | Trading Platforms | Spread | Regulation | Trustpilot |
|---|---|---|---|---|---|
 |
$0 |
|
AVG 0.93 pips |
|
|
 |
$50 (AU$100) |
|
AVG 1.2 pips |
|
|
 |
$0 |
|
AVG 0.96 pips |
|
|
 |
$0 |
|
AVG 1.1 pips |
|
|
 |
$100 |
|
AVG 1.3 pips |
|
|
 |
$50 or $100 based on country ($10 for the UK) |
|
AVG 1 pips |
|
|
 |
$100 |
|
AVG 0.5 pips |
|
|
 |
$0 |
|
AVG 0.5 pips |
|
What is PayPal and is it a viable option for deposits and withdrawals at forex brokers?
PayPal is a well-established online payment system that enables users to send and receive payments electronically. Founded in 1998, it has grown to become one of the most widely used digital payment platforms globally, with over 400 million active accounts. PayPal’s viability as a payment option for forex trading lies in its ability to facilitate quick, secure and low-cost transactions. By linking a PayPal account to a forex trading account, traders can deposit and withdraw funds efficiently, making it an attractive option for those seeking convenience and flexibility in their trading activities.
PayPal’s popularity among forex traders can be attributed to its user-friendly interface, widespread acceptance and robust security features. It supports a variety of currencies, making it accessible to traders from different regions. Moreover, PayPal’s transaction fees are generally lower compared with traditional banking methods, which can help traders save on non-trading costs. However, it’s essential to note that not all forex brokers accept PayPal, and those that do may have specific requirements or transaction limits.
Depositing to a Trading Account with PayPal
Depositing funds into a forex trading account using PayPal is a relatively straightforward process. Here’s a step-by-step guide:
- Create a PayPal account: If you haven’t already, sign up for a PayPal account and verify your email address.
- Link your PayPal account to your forex trading account: Log in to your forex trading account and navigate to the deposit section. Select PayPal as the payment method and follow the prompts to link your PayPal account.
- Specify the deposit amount: Enter the amount you wish to deposit into your trading account.
- Confirm the transaction: Review the transaction details and confirm the deposit.
- Receive the funds: The deposited amount will be credited to your trading account, usually within a few minutes.
It’s essential to ensure that your PayPal account is fully verified and has sufficient funds to cover the deposit amount. Additionally, some forex brokers may require you to deposit a minimum amount or comply with specific requirements, such as providing identification documents.
Withdrawing from a Trading Account with PayPal
Withdrawing funds from a forex trading account using PayPal is equally easy. Here’s a step-by-step guide:
- Log in to your forex trading account: Access your trading account and navigate to the withdrawal section.
- Select PayPal as the withdrawal method: Choose PayPal as the payment method and follow the prompts to initiate the withdrawal.
- Specify the withdrawal amount: Enter the amount you wish to withdraw from your trading account.
- Confirm the transaction: Review the transaction details and confirm the withdrawal.
- Receive the funds: The withdrawn amount will be credited to your PayPal account, usually within one to two business days.
Contrary to deposits, withdrawals from forex brokers that accept PayPal are not instant. Most brokers indicate PayPal withdrawal times of between one and two business days.
Another important aspect for traders to consider is that most brokers require the same payment method to be used for both deposits and withdrawals.
PayPal Fees and Limits
PayPal charges a small fee for transactions, which varies depending on the type of transaction and the recipient’s location. For forex trading purposes, the fees are typically relatively low. Here’s a breakdown of the typical fees associated with PayPal transactions:
- Deposit fees: Usually 2.9% + $0.30 per transaction
- Withdrawal fees: Typically 1% to 2% of the withdrawn amount
- Cross-border fees: Additional fees may apply for international transactions
PayPal also has limits on the amount that can be sent or received per transaction. These limits vary depending on the type of PayPal account and the recipient’s location. It’s essential to check with PayPal and your forex broker to determine the specific fees and limits that apply to your transactions.
It is important to note that some forex brokers have completely waived these transaction fees on their side.
Security of PayPal Transactions
PayPal is known for its robust security features, which provide a high level of protection for transactions. Here are some of the security measures in place:
- Encryption: PayPal uses advanced encryption technology to protect transaction data.
- Two-factor authentication: PayPal offers two-factor authentication, which adds an extra layer of security to transactions.
- Fraud protection: PayPal has a dedicated team that monitors transactions for suspicious activity and provides fraud protection.
- Compliance with regulations: PayPal complies with relevant regulations, such as anti-money-laundering (AML) and know-your-customer (KYC) requirements.
Finding a Trustworthy Forex Broker Accepting PayPal
When searching for a forex broker that accepts PayPal, it’s essential to consider several factors to ensure you find a trustworthy and reliable partner. Here are some tips:
- Regulation: Look for brokers that are regulated by reputable authorities, such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC).
- Leverage: The maximum allowable leverage at PayPal-accepting forex brokers depends on the regulatory authority overseeing the broker.
- Reputation: Research the broker’s reputation online by reading reviews and testimonials from other traders. TrustPilot is a popular and well-established platform, providing an extensive number of user reviews and overall ratings of countless online merchants, forex brokers included.
- Trading conditions: Evaluate the broker’s trading conditions, including spreads, leverage and execution speeds.
- Trading platforms: Many forex brokers support popular trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and TradingView. Others develop their own proprietary platforms. Some brokers rely on both third-party and proprietary software, providing their customers with convenience and a variety of options.
- Customer support: Assess the broker’s customer support, including response times, availability and helpfulness.
- PayPal acceptance: Verify that the broker accepts PayPal and that you understand the payment method’s terms and conditions.
By considering these factors, you can increase your chances of finding a trustworthy forex broker that accepts PayPal and provides a secure and efficient trading environment.
FAQs
How long do PayPal deposits/withdrawals take with forex brokers?
PayPal deposits are typically processed quickly, usually within a few minutes. Withdrawals, on the other hand, may take one to two business days. However, some forex brokers may have specific processing times, which can range from a few minutes to several hours.
What are the advantages and disadvantages of using PayPal for forex trading?
The advantages of using PayPal for forex trading include convenience, security and low transaction fees. However, the disadvantages include potential restrictions on withdrawals, fees for receiving funds and limited acceptance among forex brokers.
What are the alternatives to using PayPal for forex trading-related transactions?
Alternatives to PayPal include other digital payment methods, such as Skrill, Neteller and bank transfers. Each alternative has its own advantages and disadvantages, and traders should evaluate their options carefully before making a decision.
Do I have to undergo KYC procedures to use PayPal as a payment solution at online forex brokers?
Yes, most forex brokers require traders to undergo know-your-customer (KYC) procedures to comply with regulatory requirements. This typically involves providing identification documents, such as a passport or driving licence, and proof of address.
What currencies does PayPal support?
PayPal supports a wide range of currencies, including major currencies such as the US dollar, euro and Japanese yen, as well as many minor currencies. However, the availability of currencies may vary depending on the trader’s location and the forex broker’s requirements.
Conclusion
In conclusion, using PayPal as a payment method for forex trading can be both convenient and secure. By understanding the process of depositing and withdrawing funds, as well as the fees and limits associated with PayPal transactions, traders can make informed decisions about managing their trading finances efficiently. Additionally, by finding a trustworthy forex broker that accepts PayPal, traders can ensure a safe and seamless trading experience. Whether you are a seasoned trader or just starting out, PayPal can be a valuable addition to your trading toolkit.
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.