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

1. FXCC Best Forex Trading Account 2017 - UK FOREX Awards
2. FxPro Best MetaTrader Broker 2020
3. AvaTrade Best Mobile Trading Platform 2021
4. LiteFinance Best ECN Broker Africa 2020
5. HYCM Best Forex Broker UAE 2022

Broker reviews

#1

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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

• Accounts

ECN XL Account  ▷ ECN XL Account: Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:500. Get a 100% bonus on your first deposit, up to $2,000.
$0 deposit	1:500 leverage ?	Market execution	▷

#2

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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

• Accounts

MT4 Floating - Instant Execution  ▷ MT4 Floating - Instant Execution: Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant execution. All EAs are allowed.
$500 deposit	1:200 leverage	Instant execution	▷

MT4 Floating - Market Execution  ▷ MT4 Floating - Market Execution: Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and market execution. All EAs are allowed.
$500 deposit	1:200 leverage	Market execution	▷

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MT5 Floating - Market Execution  ▷ MT5 Floating - Market Execution: Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. All EAs are allowed.
$500 deposit	1:200 leverage	Market execution	▷

FxPro cTrader  ▷ FxPro cTrader: Trade 70+ currency pairs, spot indices, energies and metals on razor-thin spreads with market execution. Run cAlgo algorithmic trading robots.
$500 deposit	1:200 leverage	Market execution	▷

#3

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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

• Accounts

AvaTrade Account [BVI]  ▷ AvaTrade Account [BVI]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

AvaTrade Account [EU]  ▷ AvaTrade Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities.
$100 deposit	1:30 leverage	Instant execution	▷

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Islamic Account [BVI]  ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This...more ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account. This account, registered in the British Virgin Islands, has significantly higher leverage.
$100 deposit	1:400 leverage	Instant execution	▷

Islamic Account [EU]  ▷ Islamic Account [EU]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
$100 deposit	1:30 leverage	Instant execution	▷

Professional Account [EU]  ▷ Professional Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. Access high leverage up to 1:400 with this account for professional traders.
$100 deposit	1:400 leverage	Instant execution	▷

#4

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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

• Accounts

Classic Account  ▷ Classic Account: Trade Forex on floating spreads from 2 pips on MT4 or MT5. Get started from a low $50 deposit. Market execution with no requotes.
$50 deposit	1:1000 leverage	Market execution	▷

ECN Account  ▷ ECN Account: Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $50 deposit. Get market execution with no requotes. LiteForex pays 2.5% interest per annum on the balance of your account.
$50 deposit	1:500 leverage	Market execution	▷

#5

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HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.

• Risk warning: 85% 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
• Regulators: Cayman Islands, Cyprus (EU), Saint Vincent and the Grenadines, UAE, UK

• Accounts

Fixed Account  ▷ Fixed Account: Trade CFDs on fixed spreads from 1.8 pips on MetaTrader 4 or 5. No support for Expert Advisors. This account is available in Islamic format upon request.
$100 deposit	1:500 leverage	Instant execution	▷

Classic Account  ▷ Classic Account: Trade CFDs on variable spreads from 1.2 pips on MetaTrader 4 or 5. This account supports all Expert Advisors, except scalpers. Available in Islamic format upon request.
$100 deposit	1:500 leverage	Instant execution	▷

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Raw Account  ▷ Raw Account: Trade CFDs on raw spreads from 0.2 pips plus a $4 commission per round, on MetaTrader 4 or 5. This account supports all Expert Advisors, except scalpers. Available in Islamic format upon request.
$200 deposit	1:500 leverage	Instant execution	▷

#6

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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

• Accounts

Standard Account  ▷ Standard Account: Trade 74 currency pairs and CFDs on stocks, oil, metals and crypto with leverage up to 1:500. 4XC allows all trading styles and all Expert Advisors on MetaTrader 4 and 5.
$10 (MT4), $ 100 (MT5) deposit	1:500 leverage	Market execution	▷

#7

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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

• Accounts

Pro Account  ▷ Pro Account: Access CFDs on 36 currency pairs, cryptocurrencies, metals, US stocks, indices and oil. Trade on floating spreads from 1.4 pips and flexible leverage up to 1:2000, on MT4/5 or cTrader.
$10 deposit	1:2000 leverage	Market execution	▷

ECN Account  ▷ ECN Account: Access CFDs on 36 currency pairs, cryptocurrencies, metals, US stocks, indices and oil. Trade on raw spreads pips and flexible leverage up to 1:500, on MT4/5 or cTrader, in an ECN environment.
$10 deposit	1:500 leverage	Market execution	▷

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R StocksTrader  ▷ R StocksTrader: Access CFDs on 36 currency pairs, cryptocurrencies, metals, US stocks, indices and oil. Trade on raw spreads pips and flexible leverage up to 1:500, on MT4/5 or cTrader, in an ECN environment.
$100 deposit	1:300 leverage	Market execution	▷

#8

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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 the MetaTrader 4 platform.

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

• Accounts

Instant Execution Account  ▷ Instant Execution Account: Trade 55 currency pairs, cryptocurrencies and CFDs on stocks, indices and commodities with instant execution. EagleFX supports all trading styles, including hedging and scalping on MT4.
$10 deposit	1:500 leverage	Instant execution	▷

Market Execution Account  ▷ Market Execution Account: Trade 55 currency pairs, cryptocurrencies and CFDs on stocks, indices and commodities with market execution. EagleFX supports all trading styles, including hedging and scalping on MT4.
$10 deposit	1:500 leverage	Market execution	▷

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.