Author: Eduardo Montero
Which brokers accept credit and debit cards for deposits and withdrawals?
When opening a trading account with an online broker, one of the main doubts is whether it will accept the payment method that we usually use to buy products or services on the Internet. Below is a comparison of the best brokers that accept credit/debit cards as a payment method for deposits and withdrawals:
| Broker | Key Features | Offer |
|---|---|---|
 Go to XM | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), NetellerWebsite: https://www.xm.com/ Regulated by: CySEC, ASIC, FSC Min Deposit: 5 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 Type of Execution: Market Maker Available Instruments: More than 1000: Wide range of Forex currency pairs. Also commodities, precious metals, indices and stocks. | Good customer support and low spreads. (*) Between 74-89 % of retail investor accounts lose money when trading CFDs. |
 Go to Pepperstone | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), NetellerWebsite: https://pepperstone.com/ Regulated by: FCA, CySEC, ASIC, BaFin, DFSA, SCB, CMA Min Deposit: 200 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 + cTrader + Trading View Type of Execution: STP / NDD Available Instruments: More than 1200. Specialised in Forex, also offers CFDs on indices, stocks, commodities, cryptocurrencies, ETFs and currency indices. | Low spreads and ultra-fast execution. (*) Between 74-89 % of retail investor accounts lose money when trading CFDs. |
 Go to IC Markets | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), Neteller, Paypal, Klarna, BitcoinWebsite: https://www.icmarkets.com/ Regulated by: FSA Min Deposit: 200 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 + cTrader Type of Execution: ECN Pricing Model Available Instruments: More than 2250: More than 60 Forex currency pairs. Also offers commodities, indices, stocks, bonds, cryptocurrencies and futures. | |
 Go to Exness | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, WebMoney, Perfect MoneyWebsite: https://www.exness.com/ Regulated by: FCA, CySEC, FSC, FSCA, FSCA, FSC, SDL, CBCS Min Deposit: 0 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 Type of Execution: Market Maker / ECN Available Instruments: Over 250 instruments including more than 100 Forex pairs, commodities, energies, stocks, indices and cryptocurrencies. | |
 Go to XTB | Accepted payment methods: Funding methods vary according to the resident country of the client.Examples: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), NetellerWebsite: https://www.xtb.com/ Regulated by: FCA, FSC, CySEC, KNF, DFSA Min Deposit: 0 € / $ Trading Platforms: WebTrader + iOS App + Android App Type of Execution: Market Maker Available Instruments: Over 6100: Forex, indices, commodities, stocks, ETFs and cryptocurrencies. | Excellent customer support. (*) 76%-85% of retail investors lose money when trading CFDs with this broker. |
 Go to Axi | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), NetellerWebsite: https://www.axi.com/ Regulated by: FCA, ASIC, DFSA, FSA Min Deposit: 0 € / $ Trading Platforms: MetaTrader 4 Type of Execution: STP / ECN Available Instruments: More than 130 instruments: Forex, indices, commodities and cryptocurrencies. | |
 Go to IQ Option | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, WebMoney, Skrill (MoneyBookers), Neteller, KlarnaWebsite: https://iqoption.com/ Regulated by: -- Min Deposit: 10 $ Trading Platforms: Own Platform + iOS App + Android App Type of Execution: Market Maker Available Instruments: Over 250 CFDs: Forex currencies, stocks, cryptocurrencies, commodities and ETFs. | (*) RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK. |
 Go to RoboForex | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), Neteller, Perfect Money, Bitcoin, EthereumWebsite: https://roboforex.com/ Regulated by: FSC Min Deposit: 100 € / $ Trading Platforms: WebTrader + MetaTrader 4 + MetaTrader 5 + cTrader + iOS App + Android App Type of Execution: STP / ECN Available Instruments: Over 12,000: Forex, stock indices, ETFs, commodities and stocks (over 8400 in R Stocks Trader account). | First and subsequent deposit bonus up to $50,000. (*) Bonus not available for European clients. Check conditions on the broker's website. |
 Go to FP Markets | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller, FasaPayWebsite: https://www.fpmarkets.com/ Regulated by: CySEC, ASIC Min Deposit: 100 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 + IRESS + cTrader Type of Execution: ECN Available Instruments: More than 10,000 tradable instruments: Forex, CFDs, indices, stocks, commodities, metals, cryptocurrencies and bonds. | |
 Go to FBS | Accepted payment methods: Credit and Debit Cards, Skrill (MoneyBookers), Neteller, Perfect Money, Sticpay, Apple Pay, Google Pay, Bitcoin, Ethereum, Litecoin, Bitcoin CashWebsite: https://www.fbs.com/ Regulated by: CySEC, FSC Min Deposit: 1 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 + iOS App + Android App Type of Execution: STP / ECN Available Instruments: Over 650 assets: Forex currencies, cryptocurrencies, precious metals, energies and equities. | (*) Service not available for European clients. |
 Go to AvaTrade | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), Neteller, KlarnaWebsite: https://www.avatrade.com Regulated by: Central Bank of Ireland, ASIC, BVI, FSA, FSCA Min Deposit: 0 € / $ Trading Platforms: WebTrader + MetaTrader 4 + MetaTrader 5 + iOS App + Android App Type of Execution: Market Maker Available Instruments: More than 200. Major, minor and exotic Forex pairs, cryptocurrencies and CFDs on indices, commodities and stocks. | |
 (*) CFD Service. Your capital is at risk. Go to Plus500 | Accepted payment methods: Credit and Debit Cards, Bank Transfer, Skrill (MoneyBookers)Website: https://www.plus500.com/ Regulated by: FCA, CySEC, ASIC, FSA (#SD039), DFSA, FSCA Min Deposit: 100 € / $ Trading Platforms: WebTrader + iOS App + Android App Type of Execution: Market Maker Available Instruments: Over 2,000 CFDs: indices, currencies, commodities, cryptocurrencies, stocks, options and ETFs. | Free demo account with no time limit. (*) CFD Service. Your capital is at risk. |
 Go to OANDA | Accepted payment methods: Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), NetellerWebsite: https://www.oanda.com/ Regulated by: FCA, ASIC, NFA, BVI FSC, IIROC Min Deposit: 0 € / $ Trading Platforms: MetaTrader 4 + MetaTrader 5 Type of Execution: Non Dealing Desk Available Instruments: More than 120: Forex, indices, metals, stocks, commodities and cryptocurrencies. |
Credit cards are a popular way to pay (and also for online payments). Most Forex brokers allow you to use them to make cash transactions on your trading account. Accepted cards include Mastercard and Visa debit and credit cards. They may also accept Maestro, American Express and Diners Club cards in some cases.
A credit card is a document issued by a bank or financial institution in the name and address of an individual. The cardholder can use the card without the need for cash or deferred payment (debit cards cannot be used for deferred payment because the amount is automatically withdrawn from the bank account to which they are linked).
Why use credit cards to deposit or withdraw funds from your broker’s account?
One of the fastest ways to transfer money to your broker’s trading account is with credit and/or debit cards. Making a deposit through an online broker for a credit card will allow you to start trading immediately. Most brokers offer an automated process to verify and add the balance to your account.
There are other options, such as wire transfers. However, there may be a delay between the time the transfer is made and the time the broker receives it. This may mean that you may not be able to start investing within 2 to 6 days. The delay also applies to withdrawals.
You can also choose brokers that accept PayPal or other electronic payment methods such as Skrill and Neteller. However, you do not have to give them your card or bank account details. These payment options are also the most efficient and fastest.
You must be the cardholder in all cases. In some cases, for security reasons you may be required to send a photograph of your card. Due to regulatory requirements, most online brokers will process withdrawals using the same payment method that was used to deposit funds. If you used a debit or credit card to deposit funds, you must have it active when requesting a withdrawal.
Credit card is a very popular payment method, which is why most online brokers offer this payment option. It is easy, quick and simple to deposit or withdraw money. As with all payment options, the choice of method will depend on your preferences and where you are located (each has its pros and cons). There may be limitations on use or availability by the broker depending on the customer’s country.
What are the best brokers accepting credit cards?
After analysing many brokers, the table above shows the main ones we recommend. They accept credit and debit cards to withdraw and deposit money into your trading account.
GENERAL RISK WARNING:
The financial products offered by the broker carry a high level of risk and may result in the loss of all your funds. Never invest money that you cannot afford to lose.
This post is also available in Spanish: brokers con tarjetas de credito
Author: Eduardo Montero
Welcome to Mundo-Forex.com: I'm Eduardo Montero, I work professionally in IT. I started trading in the financial markets (mainly Forex) more than 10 years ago. I'm the author of the articles on this website and of many others published on other websites specialised in stock market investment and finance in general. Learn more about me here: About the author.