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.

Brokers we recommend

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4.8 / 5

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.


4.0 / 5

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.


4.7 / 5

Broker 3

77.82% of retail CFD accounts lose money

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:


4.8 / 5

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.
Our take on F*********

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.

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4.0 / 5

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.

  • 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.
Our take on F***

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.

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4.7 / 5

Broker 3

77.82% of retail CFD accounts lose money

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.
Our take on A*******

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.

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4.1 / 5

Broker 4

Trading Forex/CFDs on margin carries a high level of risk.

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.
Our take on 4**

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.

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4.1 / 5

Broker 5

58.42% of retail CFD accounts lose money

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.
Our take on R********

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.

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4.3 / 5

Broker 6

Your capital is at risk.

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.
Our take on J**********

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.

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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 H******* and H******. 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. H****** 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.

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Author

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.

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