PayPal is one of the fastest and most secure ways for traders to move funds. Brokers who support PayPal add unmatched convenience and save traders a lot of time. We reviewed 90+ brokers across key areas like leverage, spreads, execution speed, customer support, regulation, and trading platforms. The following are our top broker picks that accept PayPal payments.
Best PayPal Forex Brokers
Country
Any
Country
Rating
Any
Rating
Bonuses
Any
Bonuses
Regulated
Any
Regulated
Investor Protection
Any
Investor Protection
All filters
Clear
Order by
Specialized trading accounts
PayPay for deposit
Pros
-
High leverage options (up to 1:1000) for experienced traders.
-
Multiple account types to suit different trading needs.
-
User-friendly platforms, including mobile trading.
Cons
-
Limited information on regulatory licensing and oversight.
-
Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
-
Lack of detailed information on fees or additional charges.
Withdrawal fee
$0
Deposit fee
4.6
Max leverage
1:1000
Min deposit
$10
Top Regulators
No
Add to compare list
Available in
Expand
-
Specialized trading accounts
-
PayPay for deposit
Pros
-
High leverage options (up to 1:1000) for experienced traders.
-
Multiple account types to suit different trading needs.
-
User-friendly platforms, including mobile trading.
Cons
-
Limited information on regulatory licensing and oversight.
-
Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
-
Lack of detailed information on fees or additional charges.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:1000
Specialized trading accounts
Pros
-
Thorough Regulation and License: markets.com is licensed and regulated by 5 reputable watchdogs. This further strengthens the broker’s credibility as a financial service provider.
-
Markets.com is not your regular broker, with its blend and IPO offerings. These additional offerings put the broker in a league of its own.
-
Sleek Proprietary Trading Platform: Besides its MT4 and MT5 trading platforms, the broker has its own customized trading platforms, which excel in every regard as the more popular trading platforms.
Cons
-
Inactivity Charges: Traders must pay a fee of $10 per month after 90 days of no trading inactivity on markets.com.
-
No Customer Support Service on Weekends: Since trading is 24/7, it’s only ideal that the customer support service is also available 24/7 so clients can resolve their complaints quickly.
Withdrawal fee
N/A
Deposit fee
3.6
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC
Add to compare list
Available in
Expand
-
Specialized trading accounts
Pros
-
Thorough Regulation and License: markets.com is licensed and regulated by 5 reputable watchdogs. This further strengthens the broker’s credibility as a financial service provider.
-
Markets.com is not your regular broker, with its blend and IPO offerings. These additional offerings put the broker in a league of its own.
-
Sleek Proprietary Trading Platform: Besides its MT4 and MT5 trading platforms, the broker has its own customized trading platforms, which excel in every regard as the more popular trading platforms.
Cons
-
Inactivity Charges: Traders must pay a fee of $10 per month after 90 days of no trading inactivity on markets.com.
-
No Customer Support Service on Weekends: Since trading is 24/7, it’s only ideal that the customer support service is also available 24/7 so clients can resolve their complaints quickly.
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Pros
-
Competitive Spreads: IG offers some of the most competitive spreads in the industry, especially for major forex pairs.
-
Wide Range of Assets: IG offers a wide range of assets, including forex, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.
-
Regulated Broker: IG is regulated by several reputable authorities, including the FCA and ASIC, providing traders with security and trust.
Cons
-
Limited Payment Options: IG offers limited payment options, which may be inconvenient for some traders.
-
Inactivity Fee: IG charges an inactivity fee of £12 per month if there is no trading activity for two years or more, which may deter some traders.
-
No Social Trading: IG does not offer social Trading, which may be a disadvantage for traders who prefer to follow and copy the trades of successful traders.
Withdrawal fee
No withdrawal fee
Deposit fee
4
Max leverage
1:200
Min deposit
$250
Top Regulators
Yes
Add to compare list
Available in
3
Expand
Pros
-
Competitive Spreads: IG offers some of the most competitive spreads in the industry, especially for major forex pairs.
-
Wide Range of Assets: IG offers a wide range of assets, including forex, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.
-
Regulated Broker: IG is regulated by several reputable authorities, including the FCA and ASIC, providing traders with security and trust.
Cons
-
Limited Payment Options: IG offers limited payment options, which may be inconvenient for some traders.
-
Inactivity Fee: IG charges an inactivity fee of £12 per month if there is no trading activity for two years or more, which may deter some traders.
-
No Social Trading: IG does not offer social Trading, which may be a disadvantage for traders who prefer to follow and copy the trades of successful traders.
- Withdrawal feeNo withdrawal fee
- Deposit feePossible third-party charges up to 2.3% on Credit Cards
- Max Leverage1:200
Rating
4.9
/ 5
Expand
Start trading
82% of retail investor accounts lose money when trading CFDs with this provider.
Multiple Tier-1 Regulators
No Deposit Fees
No Withdrawal Fees
Pros
-
Well-Regulated Broker: Plus500 is regulated by multiple regulatory bodies across different regions of operation. These regulatory bodies ensure that brokers uphold fair market standards for both individuals and corporations.
-
Extensive Market Offerings: Plus500 is a multi-asset broker that offers trading on three different markets – the Plus500 CFD platform, Plus500 Invest (for share dealing, *availability subject to regulation), and Plus500 Futures (available only to US traders). Plus500 provides CFD trading across a broad range of asset classes, including shares, indices, forex, commodities, ETFs, and cryptocurrencies.
-
Negative Balance Protection: As required by ESMA since 2018 for all European brokers, Plus500 provides negative balance protection to ensure that customers cannot lose more money than they have deposited into their accounts.
Cons
-
Limited Account Types: Plus500 does not offer its clientele a variety of trading accounts; hence it limits their trading preference.
-
Limited Trading Features: Direct third-party analytical and automation tools integration with WebTrader is unavailable across Plu500 platforms. There is also no functionality for back-testing.
-
Charges Inactivity Fee: After 3 months of inactivity, Plus500 charges traders $10 a month.
Withdrawal fee
$0
Deposit fee
4.9
Max leverage
1:30
Min deposit
$100
Top Regulators
Yes
Add to compare list
trusted
Available in
4
Expand
-
Multiple Tier-1 Regulators
-
No Deposit Fees
-
No Withdrawal Fees
Pros
-
Well-Regulated Broker: Plus500 is regulated by multiple regulatory bodies across different regions of operation. These regulatory bodies ensure that brokers uphold fair market standards for both individuals and corporations.
-
Extensive Market Offerings: Plus500 is a multi-asset broker that offers trading on three different markets – the Plus500 CFD platform, Plus500 Invest (for share dealing, *availability subject to regulation), and Plus500 Futures (available only to US traders). Plus500 provides CFD trading across a broad range of asset classes, including shares, indices, forex, commodities, ETFs, and cryptocurrencies.
-
Negative Balance Protection: As required by ESMA since 2018 for all European brokers, Plus500 provides negative balance protection to ensure that customers cannot lose more money than they have deposited into their accounts.
Cons
-
Limited Account Types: Plus500 does not offer its clientele a variety of trading accounts; hence it limits their trading preference.
-
Limited Trading Features: Direct third-party analytical and automation tools integration with WebTrader is unavailable across Plu500 platforms. There is also no functionality for back-testing.
-
Charges Inactivity Fee: After 3 months of inactivity, Plus500 charges traders $10 a month.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:30
Start trading
Add to compare list
82% of retail investor accounts lose money when trading CFDs with this provider.
24/7 instant money withdrawal
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
Withdrawal fee
$0
Deposit fee
4.7
Max leverage
1:3000
Min deposit
$1
Top Regulators
No
Add to compare list
trusted
Not available in
5
Expand
-
24/7 instant money withdrawal
-
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:3000
Affiliate Program
Very Low Commissions
Proprietory Trading Platform
Real Stock Options
Pros
-
Highly Regulated Broker: Libertex is regulated by CySEC, and has been operating for over a decade making it one of the reputable names in the brokerage space.
-
Extensive Range of Underlying Assets: Wide range of CFDs (300+ across all major markets) plus real stock investment.
-
Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
-
Leverage Capped at up to 1:30 for Retail Clients: Retail leverage is capped at 1:30 because of CySEC regulation.
-
No Islamic (Swap-Free) Account: The broker does not offer Swap-Free/Islamic accounts. You can explore other brokers who offer swap-free trading on TopBrokers.
-
Limited Availability: Only clients from EEA Area and Switzerland are accepted.
Withdrawal fee
Low (depends on platform)
Deposit fee
4.7
Max leverage
1:30
Min deposit
€100
Top Regulators
Yes
Add to compare list
trusted
Not available in
Expand
-
Affiliate Program
-
Very Low Commissions
-
Proprietory Trading Platform
-
Real Stock Options
Pros
-
Highly Regulated Broker: Libertex is regulated by CySEC, and has been operating for over a decade making it one of the reputable names in the brokerage space.
-
Extensive Range of Underlying Assets: Wide range of CFDs (300+ across all major markets) plus real stock investment.
-
Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
-
Leverage Capped at up to 1:30 for Retail Clients: Retail leverage is capped at 1:30 because of CySEC regulation.
-
No Islamic (Swap-Free) Account: The broker does not offer Swap-Free/Islamic accounts. You can explore other brokers who offer swap-free trading on TopBrokers.
-
Limited Availability: Only clients from EEA Area and Switzerland are accepted.
- Withdrawal feeLow (depends on platform)
- Deposit fee€0
- Max Leverage1:30
Specialized trading accounts
24/7 instant money withdrawal
Proprietary platform
Mobile trading
Pros
-
Lack of Investor Protection Features: Libertex offers much higher leverage than most brokers. Retail traders can enjoy leverage up to 1:999 on CFD trades, enabling traders to control much bigger positions for their investments.
-
Extensive Range of Tradable Instruments and Stocks: Libertex provides access to 250+ CFDs across forex, commodities, indices, metals, energies, cryptocurrencies, ETFs, and bonds. Uniquely, the broker also allows investing in real stocks with over 300 stocks.
-
Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
-
Offshore Regulatory Status: Libertex.org is not regulated by top-tier authorities like CySEC or FCA. Instead, it operates under offshore jurisdictions (St. Vincent & the Grenadines and Mauritius).
-
Lack of Investor Protection Features: Being offshore regulated, Libertex does not offer security features like investor protection schemes that brokers with a tier-1 regulation offer.
-
No Islamic (Swap-Free) Accounts: The broker does not offer Islamic accounts for interest-free trading. All accounts incur overnight swap charges on CFD positions.
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:600
Min deposit
€100
Top Regulators
CySEC
Add to compare list
trusted
Not available in
7
Expand
-
Specialized trading accounts
-
24/7 instant money withdrawal
-
Proprietary platform
-
Mobile trading
Pros
-
Lack of Investor Protection Features: Libertex offers much higher leverage than most brokers. Retail traders can enjoy leverage up to 1:999 on CFD trades, enabling traders to control much bigger positions for their investments.
-
Extensive Range of Tradable Instruments and Stocks: Libertex provides access to 250+ CFDs across forex, commodities, indices, metals, energies, cryptocurrencies, ETFs, and bonds. Uniquely, the broker also allows investing in real stocks with over 300 stocks.
-
Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
-
Offshore Regulatory Status: Libertex.org is not regulated by top-tier authorities like CySEC or FCA. Instead, it operates under offshore jurisdictions (St. Vincent & the Grenadines and Mauritius).
-
Lack of Investor Protection Features: Being offshore regulated, Libertex does not offer security features like investor protection schemes that brokers with a tier-1 regulation offer.
-
No Islamic (Swap-Free) Accounts: The broker does not offer Islamic accounts for interest-free trading. All accounts incur overnight swap charges on CFD positions.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:600
24/7 instant money withdrawal
Pros
-
Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.
-
Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.
-
Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.
Cons
-
Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.
Withdrawal fee
No
Deposit fee
4.8
Max leverage
1:400
Min deposit
20$
Top Regulators
FCA
Add to compare list
trusted
Not available in
8
Expand
-
24/7 instant money withdrawal
Pros
-
Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.
-
Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.
-
Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.
Cons
-
Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.
- Withdrawal feeNo
- Deposit feeNo
- Max Leverage1:400
24/7 instant money withdrawal
Free VPS hosting
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
Withdrawal fee
N/A
Deposit fee
4.5
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC
Add to compare list
Not available in
Expand
-
24/7 instant money withdrawal
-
Free VPS hosting
-
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
-
24-hour support
-
Supports MetaTrader 4 and MetaTrader 5 and their mobile and web versions
-
Variety of deposit/withdrawal methods
Cons
-
VPS is not free of charge
-
A limited selection of tradable instruments
-
Unavailable to US retail clients
Withdrawal fee
N/A
Deposit fee
4.8
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC
Add to compare list
Not available in
10
Expand
-
Specialized trading accounts
-
Free VPS hosting
-
24/7 instant money withdrawal
Pros
-
24-hour support
-
Supports MetaTrader 4 and MetaTrader 5 and their mobile and web versions
-
Variety of deposit/withdrawal methods
Cons
-
VPS is not free of charge
-
A limited selection of tradable instruments
-
Unavailable to US retail clients
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Why Use PayPal for Forex Trading?
PayPal makes deposits and withdrawals fast, secure, and hassle-free. You don’t need to share bank details with your broker, and your money moves quicker than traditional methods. For these reasons, a lot of traders prefer PayPal as their main payment method.
What to Look for in a PayPal Forex Broker
Just because a broker accepts PayPal doesn’t mean it’s the right one. Look for strong regulation, low trading fees, and support for your preferred platform (MT4, MT5, TradingView, etc.). Some brokers might let you deposit via PayPal but have some type of limits in certain countries. Therefore, it is important to do your due diligence.
Are There Any Fees When Using PayPal?
PayPal usually doesn’t charge anything extra for funding your forex account. But the broker might. Some take a small cut during deposits or withdrawals. So do the other methods with other payment methods. It’s always smart to look at the broker’s full fee structure before signing up.
Is PayPal Safe for Trading?
PayPal is widely considered one of the safest online payment methods. It keeps your bank info protected and gives you a buffer between your funds and the broker. Most traders use it for peace of mind and to move funds faster.
Final Thoughts
PayPal adds convenience to your trading setup. It’s fast, secure, and saves you time on funding your account. But like anything in trading, don’t just focus on one thing. Make sure the broker checks other boxes too like good support, low spreads, and solid regulation. Once you’ve got that sorted, PayPal can be a superb addition from your broker.
