Forex Brokers that Accept Credit Cards
Compare Forex brokers that accept credit cards to fund your online trading account. Understand the pros and cons of using a credit card to trade online, from your very deposit to your first withdrawal.
Brokers we recommend
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Broker 1
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.
Broker 2
F******* is a regulated offshore broker with an ECN trading environment. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and EAs.
Broker 3
A*********** is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.
Other brokers:
- 4** Best Customer Service
- R******** Best Offshore Broker
- J********** Best Broker for Gold & Silver (CFD)
Broker 1
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5, cTrader or TradingView without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.
Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
Read reviewBroker 2
F******* is a regulated offshore broker with an ECN trading environment. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and EAs.
- Likes
- 100% bonus on your 1st deposit (up to US$2,000).
- Flexible leverage up to 1:500.
- All MT4 Expert Advisors are allowed.
- No fees on deposits.
- No minimum deposit.
- Dislikes
- MetaTrader 4 is the only available trading platform.
- Withdrawal fees apply across some, but not all, funding methods.
We particularly like F***'s high leverage (up to 1:500) available across all currency pairs, gold, silver, stock indices and energy products. Negative balance protection is available at all times.
Its MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. It accepts all trading styles and Expert Advisors, including scalping robots, without restrictions.
As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. Its ECN XL account has no commission. However, you should be aware that a $5 mark-up per lot will apply if you open an account through us.
Read reviewBroker 3
A*********** is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.
- Likes
- Over 750 financial instruments on MT4/5.
- Get free daily trading signals.
- Easily copy professional traders.
- No fees on deposits or withdrawals.
- Get one-on-one assistance when you deposit US$1,000.
- Dislikes
- You cannot trade on raw spreads.
- Quarterly and annual inactivity fees.
The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.
With A*******, the MT4 and MT5 platforms are available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. Spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Customer service is excellent. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. Support is available five days a week through various channels, including WhatsApp.
Read reviewBroker 4
4****** is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
- Likes
- Enjoy flexible leverage up to 1:500.
- Choose between MetaTrader 4 and 5.
- All trading styles and Expert Advisors are allowed.
- Fast execution speeds from its London data-centre.
- Dislikes
- Negative balance protection is only available across Forex and precious metals.
- This broker is regulated in the Cook Islands, a country without an investor compensation fund.
4****** will appeal to you if you enjoy trading Forex, gold or silver on high leverage, up to 1:500. It accepts all trading styles on MT4 and MT5 without restrictions. And unlike some brokers, who'll adjust leverage dynamically, this broker keeps leverage constant at all times.
Alternatively, you may open a PAMM account or a copy trading account if you prefer to replicate other investors' trade. A copy trading account may be of interest to you if you lack the time or knowledge to trade the markets.
Customer support is available 6 days a week, and has always been professional in our interactions with them. So it's perhaps no surprise that 4** has received several awards commending the quality of its customer service.
Read reviewBroker 5
R************ is an offshore broker based in and regulated in Belize. Access over 12,000 instruments, including real equities and CFDs on Forex, crypto and oil, from a single platform. We were able to start trading in minutes, without ID verification.
- Likes
- Access 12,000 instruments, including real stocks.
- Start trading in minutes without ID verification.
- Enjoy negative balance protection.
- Dislikes
- RoboForex is only regulated in Belize.
- Withdrawal fees across most funding methods.
R************ is an offshore broker you should consider, if you're looking for high leverage (up to 1:2000) across a wide range of asset classes.
We were able to open an account and start trading in under 5 minutes, as account verification is delayed until you raise a withdrawal request. It's free to fund your account, but pay attention to withdrawal fees across most withdrawal methods.
R******** accepts all trading styles and EAs on the MetaTrader 4 and 5 platforms. Its trading fees are on par with its competition, and swap fees generally lower. You may also qualify for a complimentary VPS if you trade at least 3 lots per month.
We particularly like its R StocksTrader platform, which allows you to invest in over 12,000 "real" stocks, in addition to CFDs across all other asset classes. If you're a buy-and-hold investor with an interest in stocks, this platform is one you should consider.
Read reviewBroker 6
Trade CFDs on over 250 instruments with high leverage and low spreads through J**************. This broker accepts all trading styles and Expert Advisors on MetaTrader 4 and 5.
- Likes
- Flexible leverage up to 1:3000.
- All trading strategies and EAs are allowed on MT4/5.
- You can also trade on raw spreads, plus commission.
- No fees on deposits or withdrawals.
- Dislikes
- No access to an investor compensation fund as this broker is incorporated in the Seychelles.
- Bank withdrawals in some countries can be unreliable.
J************** offers trading accounts for traders both new and experienced. Its Standard and Standard Cent accounts, designed with beginners in mind, have a low US$10 minimum deposit. Its Pro and Raw Spread accounts will appeal to day traders and scalpers.
We like that it supports a wide range of account currencies: USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and even ZAR. If possible, open a trading account in your currency to avoid currency conversion fees. In addition, it charges no fees on deposits or withdrawals.
Our withdrawals have generally been processed swiftly. However, our first bank withdrawal took several weeks because of an error by its payment provider. During that period, customer support was slow to respond and acknowledge the underlying problem.
Read reviewWhy use a credit card?
- Fund your account online 24/7 using your Visa or MasterCard.
- Activate and fund your account within hours.
- Make direct withdrawals to your credit card.
Your first deposit
Most brokers are required either by law or regulation to check their customers' identity before doing business with them. These procedures, also known as 'Know Your Customer' (KYC), are in place to prevent identity theft, money laundering and the financing of terrorism.
If you fund your account by credit card, you can expect your broker to request a copy of the card. We suggest sending only the front side of the card, unless requested otherwise, to keep the card security code private. The card security code is a three or four-digit number found on the back of MasterCard, Visa, Diners Club and Discover credit cards.
In an attempt to fight credit card fraud, some brokers set a cap on amounts you can deposit by card. That threshold stands at US$ 15,000 in the case of H******. Others, like H*******, may request a credit card authorisation form if you plan to deposit over US$ 10,000. The form is a statement designed to protect them against costs associated with charge backs from credit card companies in the event of fraud.
Credit card fees
Most brokers charge no fees on incoming deposits. However, intermediary banks and credit card companies can charge between 2% and 3% depending on the funding currency. This is typically deducted from the amounted deposited into your online trading account. For this reason, we suggest that you deposit up to 5% more than the minimum required to allow enough headroom for fees.
Additional deposits
Once your credit card is linked to your online trading account, you can expect your broker to turn to it to fund margin calls should your account's equity falls below threshold. This is standard practice but can come as a surprise to new investors.
If your credit card limit is set low or your trades are highly leveraged, one or more margin calls could max out your credit card. Your credit card company could either impose a fee and/or freeze your credit card altogether until you've paid down your debt. This can have immediate consequences on your everyday life and that of your loved ones.
Know your credit card limit and manage your risks carefully when trading online with your credit card. Implement stop loss, take profit orders and other risk management strategies to cap your losses.
Plan for withdrawals
Last but not least, you'll want to plan ahead for withdrawals before making your very first deposit. Most brokers will only allow withdrawals to the original source of funds - whether that is a credit card, debit card or bank account.
Brokers complying with anti-money laundering regulations and credit card company regulations may restrict the maximum credit card withdrawal to the amount deposited by card. Any profits above that can be withdrawn to a bank account in your name.
If you have deposited funds using multiple credit cards or bank accounts, most brokers will transfer funds to the last funding source - whether that is a credit card, debit card or bank account.
Read your broker's customer agreement carefully because withdrawal policies vary from one broker to the next.
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.