Forex Brokers that Accept Debit Cards

A debit card is a fast and cost-effective way to fund your online trading account. Compare Forex brokers and online trading platform that process deposits in hours.

Best brokers

  1. FP MarketsAward Best FX Broker Australia 2021
  2. AvaTradeAward Best Mobile Trading Platform 2021
  3. LiteFinanceAward Best Forex Broker Africa, 2011
  4. Currency.comAward Best Crypto Exchange, 2019 - Blockchain Life Awards
  5. PrimeXBTAward Best Platform for Margin Trading, 2020 - ADVFN

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

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

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

$100
deposit

1:400
leverage

Instant
execution

$100
deposit

1:30
leverage

Instant
execution

$100
deposit

1:400
leverage

Instant
execution

$100
deposit

1:30
leverage

Instant
execution

$100
deposit

1:400
leverage

Instant
execution

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

$50
deposit

1:500
leverage

Market
execution

$50
deposit

1:500
leverage

Market
execution

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

$20
deposit

1:500
leverage

Market
execution

Start trading in minutes, with no prior identity checks, when you fund your account with crypto. Easily buy crypto through its platform if you have none. PrimeXBT.com's trading platform was voted "Best Platform for Trading with Leverage" in 2020 and "Best Crypto and Forex Broker" in 2019.

  • Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: Copy trading, Mirror trading
  • Regulators: Saint Vincent and the Grenadines

$40
deposit

1:1000
leverage

Market
execution

Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors on MetaTrader 4.

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MetaTrader 4
  • Regulators: Dominica

$10
deposit

1:500
leverage

Instant
execution

$10
deposit

1:500
leverage

Market
execution

  • Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
    * Availability subject to regulation.
  • Platforms: MetaTrader 4, MetaTrader 5
  • Regulators: Cook Islands

$10 (MT4) and $ 500 (MT5)
deposit

1:500
leverage

Market
execution

$100 (MT4) and $ 500 (MT5)
deposit

1:500
leverage

Market
execution

$25000
deposit

1:200
leverage

Market
execution

Why use a debit card for deposits?

  • Fund your account online 24/7 using your debit card.
  • Activate and fund your account within hours.
  • Cheaper than bank and credit card payments.

Need for speed

Using your credit or debit card often is the fastest and easiest way to deposit funds into your online trading account. You can make the payment from the comfort of your own home at a time that suits you without having to contact your bank manager.

If your broker receives the funds during business hours, your deposits should be available within hours on the very same day. In fact, you can expect the funds to hit your account within minutes with HYCM (HYCM.com) and HotForex (HotForex.com). If your broker receives the funds outside of business hours, your deposit should be available on the following business day.

However, using your credit or debit card may not be an option if you are looking to deposit very large sums of money. HotForex (HotForex.com) won't accept card deposits over US$ 15,000. Instead, you should deposit funds through bank wire instead which can take anywhere between 1 and 5 business days to clear.

Debit card fees

Debit cards such as Visa Electron, Maestro and others are a highly cost effective ways to fund your online trading account. They have a distinct advantage over credit card companies that typically charge between 2% and 3% for processing your payment.

Withdrawals

Last but not least, using a debit card for deposits won't entirely sidestep the need for a bank account because most brokers won't allow you to withdraw more to your card than the amounts you deposited. Instead, you'll need a bank account in your name to withdraw profits. This is to comply with anti-money laundering regulations.


Featured brokers

PrimeXBT

Trading Account

Trade over 100 instruments across crypto-currencies, Forex, commodities and global stock indices. ... More

  • $40 deposit
  • 1:1000 leverage ?
  • 0.1 pips EUR/USD

LiteFinance

ECN Account

Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $... More

  • $50 deposit
  • 1:500 leverage ?
  • 0 pips EUR/USD
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.

FP Markets

Standard ECN Account [MT5]

Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 ... More

  • $100 deposit
  • 1:500 leverage ?
  • 1.19 pips EUR/USD

AvaTrade

Professional Account [EU]

Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More

  • $100 deposit
  • 1:400 leverage ?
  • 0.6 pips EUR/USD
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.