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.
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Best brokers
- FP Markets Best FX Broker Australia 2021 - FxScouts
- FXCC Best Forex Trading Account 2017 - UK FOREX Awards
- FxPro Best MetaTrader Broker 2020
- AvaTrade Best Mobile Trading Platform 2021
- LiteFinance Best ECN Broker Africa 2020
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 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 (EU), Saint Vincent and the Grenadines, South Africa
$100 | 1:500 | Market |
$100 | 1:500 | Market |
Trade CFDs across Forex, crypto, oil and indices with leverage up to 1:500. FXCC accepts all trading styles and Expert Advisors on MT4. There are no conflicts of interest, as FXCC.com doesn't trade against you.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Cyprus (EU), Nevis
$0 | 1:500 | Market |
FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best MetaTrader Broker" in 2020. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.
- Risk warning: 84.69% 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 (EU), South Africa, UK
$500 | 1:200 | Instant |
$500 | 1:200 | Market |
$500 | 1:200 | Market |
$500 | 1:200 | 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: 77.82% 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 (EU), Gibraltar, Israel, Japan, South Africa, UAE
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. 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 (EU), Saint Vincent and the Grenadines
$50 | 1:1000 | Market |
$50 | 1:500 | Market |
The Capital.com group is an international award-winning broker used by over 70,000 active traders. Trade CFDs on thousands of instruments. Capital.com supports the MetaTrader 4 platform, amongst others, and allows all trading styles.
- Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. 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
- Regulators: Australia, Bahamas, Belarus, Cyprus (EU), Saint Vincent and the Grenadines, Seychelles, UK
$20 | 1:200 | Instant |
$20 | 1:200 | Instant |
4xc.com is an offshore broker founded by Forex industry veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4 and 5.
- Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.
- 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), $ 100 (MT5) | 1:500 | Market |
HFM (HFM.com), formerly known as Hot Forex, 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 (EU), Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa, UAE
$5 | 1:1000 | Market |
$100 | 1:500 | Market |
$100 | 1:500 | Market |
JustMarkets (formerly JustForex) is an offshore broker that allows you to trade over 170 instruments on low spreads, and high leverage up to 3,000 times your initial deposits. It accepts all trading styles on MetaTrader 4 and 5.
- Risk warning: Margin trading in the financial markets is speculative and implies a high level of risk, including full loss of deposit.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Cyprus (EU), Seychelles
$1 | 1:3000 | Market |
$100 | 1:3000 | Market |
$100 | 1:3000 | Market |
$1 | 1:3000 | Market |
RoboForex is an international broker headquartered and regulated in Belize. Access over 12,000 instruments, including real stocks and CFDs on Forex, crypto-currencies and oil, from a single platform.
- Risk warning: 58.42% 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
- Regulators: Belize
$10 | 1:2000 | Market |
Why deposit through bank wire?
- No limit on the maximum amount you can deposit.
- Cheaper than funding through your credit card.
- Keep your credit or debit card details private.
Unlimited deposits
If you're looking to deposit large sums into your online trading account, we recommend sending the funds through bank wire. Most brokers and CFD providers place no restrictions at all on the amounts you can deposit through bank wire, which makes this payment method best suited for large sums of money.
In contrast, most will either cap the amounts you can deposit through credit card between US$ 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 (HFM.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.
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Featured Brokers
Best Execution
Standard ECN Account [MT5]
Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 ... More
Best Conditions
MT5 Floating - Market Execution
Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. ... More
Best Platform
AvaTrade Account [BVI]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage
- 0.9 pips EUR/USD
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE