Forex Brokers that Accept Bank Transfers
If you're looking to deposit large sums, a bank transfer may be your only option. Compare brokers and CFD providers that accept bank wires in 1 click.
Best brokers
- FP Markets
Best FX Broker Australia 2021 - AvaTrade Best Mobile Trading Platform 2021
- Pepperstone Best Forex Broker Overall - Compareforexbrokers, 2022
- LiteFinance Best Forex Broker Africa, 2011
- FxPro Best MetaTrader Broker, 2020
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 10,000 stocks, indices, commodities and currency pairs through Iress, and over 1,000 such instruments through MetaTrader 5. FP Markets supports all trading styles and EAs.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, Cyprus, Saint Vincent and the Grenadines
- Incorporated: 2005
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors except those with a focus on arbitrage.
- Risk warning: 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, BVI, Cyprus, Gibraltar, Israel, Japan, South Africa, UAE
- Incorporated: 2006
$100 | 1:400 | Instant | |
$100 | 1:30 | Instant | |
$100 | 1:400 | Instant | |
$100 | 1:30 | Instant | |
$100 | 1:400 | Instant | |
- Risk warning: Between 74% and 89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading, Mirror trading
- Regulators: Australia, Bahamas, Cyprus, Germany, Kenya, UAE, UK
- Incorporated: NA
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
$200 | 1:30 | Market | |
LiteFinance (LiteFinance.com), formerly LiteForex, is an ECN broker headquartered in Russia. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:500. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus, Saint Vincent and the Grenadines
- Incorporated: 2005
$50 | 1:500 | Market | |
$50 | 1:500 | Market | |
FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best MetaTrader Broker" in 2020 and "Best FX Provider" three times in a row. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all Expert Advisors and even provides an EA back-testing service.
- Risk warning: 79.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: Bahamas, Cyprus, South Africa, UK
- Incorporated: 2006
$500 | 1:200 | Instant | |
$500 | 1:200 | Market | |
$500 | 1:200 | Market | |
$500 | 1:200 | Market | |
Currency.com is one of the first regulated crypto exchanges for tokenised assets. Trade over 1,500 assets as digital tokens, across a wide range of tokenised asset classes with leverage up to 1:500.
- Risk warning: Tokenised assets are not legal tender and are not backed by the state. The acquisition of tokenised assets may lead to the complete loss of your funds.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Regulators: Gibraltar, Saint Vincent and the Grenadines, USA
- Incorporated: NA
$20 | 1:500 | Market | |
HotForex (HotForex.com) is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: Cyprus, Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa
- Incorporated: 2010
$5 | 1:1000 | Market | |
$100 | 1:500 | Market | |
$100 | 1:500 | Market | |
eToro is the world's largest social trading platform, trusted by over 20 million users. Trade a wide range of markets from a single platform, on the Web or your mobile. Easily follow and copy other investors if you want to.
- Risk warning: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
- Markets: NA* Availability subject to regulation.
- Platforms: Copy trading
- Regulators: Australia, Cyprus, Seychelles, UK
- Incorporated: 2007
$Variable | 1:30 | Instant | |
$1000 | 1:30 | Instant | |
$10000 | 1:30 | Instant | |
$Variable | 1:400 | Instant | |
LQDFX (LQDFX.com) is an international Forex broker and CFD provider headquartered in the Marshall Islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.
- Markets: Forex (CFD), Indices (CFD), Metals (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Marshall Islands
- Incorporated: 2015
$20 | 1:500 | Market | |
$500 | 1:300 | Market | |
$20 | 1:300 | Market | |
$500 | 1:300 | Market | |
$25000 | 1:100 | Market | |
FXPRIMUS prides itself in creating a safe and secure trading environment. Trade CFDs on Forex, crypto-currencies, indices, metals and energies, on MetaTrader 4 or 5.
- Risk warning: 68.18% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain products may not be available for traders from EEA countries due to legal restrictions.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus, Vanuatu
- Incorporated: 2009
$15 | 1:30 | Market | |
Why deposit through bank wire?
- No limit on the maximum amount you can deposit.
- Cheaper than funding through your credit card.
- Keep your credit or debit card details private.
Unlimited deposits
If you're looking to deposit large sums into your online trading account, we recommend sending the funds through bank wire. Most brokers and CFD providers place no restrictions at all on the amounts you can deposit through bank wire, which makes this payment method best suited for large sums of money.
In contrast, most will either cap the amounts you can deposit through credit card between US$ 10,000 and US$ 15,000 or ask that you hold them harmless in the event of credit card fraud. In practice, a bank wire may be your only option if you are looking to deposit sums above those thresholds.
Note that your bank may restrict the amounts you can transfer on a daily or weekly basis. This may require you to break the payment up into several transactions.
Bank wire fees
Your bank, your broker's bank and any intermediary banks may charge you for the transfer. Bank charges are usually low and fixed regardless of the amount sent. Some banks charge nothing for domestic bank wires but fees are common for international payments. Please speak to your bank if you are in doubt.
HotForex (HotForex.com) will refund any bank wire fees upon presentation of your transfer receipt when you deposit over US$ 250.
In addition, your broker may also levy a charge on incoming bank wire deposits. However, this has become a relatively rare occurrence and few brokers charge you for depositing money.
How long will it take?
Approximately one to two business days for domestic payments and between three to five business days for international payments.
Featured brokers
Best Execution
Gold Account [Islamic]
Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP ... More
- $20 deposit
- 1:300 leverage ?
- 1.1 pips EUR/USD
Best Conditions
Islamic Account [BVI]
Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... More
- $100 deposit
- 1:400 leverage ?
- 1.9 pips EUR/USD
Best Platform
Islamic Account
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... More
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
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