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
- AvaTrade Best Broker for Beginners
- FXCC Best Execution
- Exness Best Swap-Free Broker
- HYCM Best Forex Broker (Middle East)
- LiteFinance Best for Copy Trading
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
|Deposits and withdrawals
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5 or cTrader without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
We've traded through this broker's MT5 Raw account and can vouch for its low spreads and reliable trading environment. Its Raw account is designed for day traders and scalpers, and its Standard account will suit all others.
We also like the breadth of instruments available through its platform. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros and Aussie dollars. 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. Fund your account to get access to trading signals from Trading Signal and Autochartist. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
- 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.
- Negative balance protection is only available across Forex and precious metals.
- 4XC is regulated in the Cook Islands, a country without an investor compensation fund.
From the outset, 4XC has offered high leverage (up to 1:500) across Forex, gold and silver. It accepts all trading styles on MT4/5 without restrictions. Alternatively, you may open a PAMM account or a copy trading account.
Its customer service agents, available 6 days a week, have always been friendly and professional. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service team.
Overall, we would recommend 4XC to anyone looking for a trustworthy broker, especially if you are primarily interest in trading Forex or precious metals on high leverage.
- CFDs on 250+ instruments.
- FxPro accepts all trading styles on MT4/5 and cTrader.
- Trade on fixed or floating spreads, with or without commission.
- Many deposit methods, including crypto and broker-to-broker transfers.
- Get daily trading signals from Trading Central.
- You cannot trade CFDs on ETFs or government bonds.
- Copy trading isn't available.
It's hard to find fault with FxPro, a broker with a 20-year track record. We've traded through FxPro's Raw account and enjoy the razor-thin floating spreads and low commissions. This account, which comes with a $1,000 minimum deposit, will appeal to experienced traders.
If you're new to trading, you could also open a Standard account with a low $100 deposit. You'll enjoy a more predictable trading environment with fixed, albeit wider, spreads. In short, FxPro is a platform you can grow into as you gain experience.
The educational content available on FxPro.com also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.
- 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.
- You cannot trade on raw spreads.
- Quarterly and annual inactivity fees.
The breadth of assets available to trade through its platform sets AvaTrade 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.
AvaTrade supports the MT4 and MT5 platforms, available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. AvaTrade's spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Its customer service is excellent too. 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. AvaTrade support is available five days a week through various channels, including WhatsApp.
- 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.
- FXCC only supports MetaTrader 4.
- Withdrawal fees apply across some, but not all, funding methods.
We particularly like FXCC's high leverage (up to 1:500) available across all currency pairs, gold, silver, stock indices and energy products. It offers negative balance protection, for added peace of mind.
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. We look forward to the day when FXCC will support MT5.
As FXCC 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, FXCC will apply a $5 mark-up per lot, per side, if you open an account through us.
Exness.com is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).
- Low and stable spreads.
- No swap charges across most FX pairs.
- Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
- Withdrawals processed instantly in a wide range of currencies.
- Negative balance protection is available.
- No access to a compensation fund in the event of bankruptcy.
- No CFDs on agricultural commodities, ETFs or government bonds.
Once you start trading with Exness, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.
You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.
Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit Exness to create an account and see for yourself what this broker has to offer.
- Trade CFDs or invest in over 1,000 "real" stocks.
- Trade on MetaTrader 4 or MetaTrader 5.
- Get free signals from Trading Central.
- Open a trading account in USD, EUR, GBP, CAD and AED.
- Trading fees on its Fixed and Classic accounts are a little high.
- Monthly inactivity fees apply after 90 days.
- Copy trading isn't possible.
Trade over 300 instruments across a wide range of markets, spanning currencies, cryptocurrencies, stocks, indexes, and commodities. HYCM offers a variety of trading accounts for beginners and more experienced traders, on the MetaTrader 4 and 5 platforms.
Of note, 'buy and hold' investors can now access over 1,000 'real' stocks, and earn dividends on their investments. It is possible to invest from as little as $10 through fractional ownership. This service includes American, Asian, and European stocks.
HYCM is an established broker, in business since 1999. It is also a safe place to trade, being overseen by regulators in the EU, the UK, the UAE, and other regions. HYCM provides a reliable trading environment. However, its trading fees are somewhat higher than the competition, unless you open a Raw account.
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through LiteFinance.com. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your balance.
- All trading strategies are allowed.
- Get free daily technical and fundamental analysis.
- Receive up to 2.5% interest on used funds.
- Copy trading accounts are also available.
- Withdrawals fees are somewhat high, especially card withdrawals.
We have been trading through LiteFinance's ECN account for over 3 years on raw spreads plus a commission of $5 per lot, per side, and we enjoy its unrestricted trading environment.
Their customer service team is responsive, even on weekends. Our withdrawals have always been processed as quickly as possible. However, their withdrawal fees are a bit high, especially card withdrawals.
LiteFinance publishes a lot of educational content in the form of webinars and articles on its blog, often focused on technical analysis. However, you might find yourself lost if you are new to trading.
Why use a credit card?
- Fund your account online 24/7 using your Visa or MasterCard.
- Activate and fund your account within hours.
- Make direct withdrawals to your credit card.
Your first deposit
Most brokers are required either by law or regulation to check their customers' identity before doing business with them. These procedures, also known as 'Know Your Customer' (KYC), are in place to prevent identity theft, money laundering and the financing of terrorism.
If you fund your account by credit card, you can expect your broker to request a copy of the card. We suggest sending only the front side of the card, unless requested otherwise, to keep the card security code private. The card security code is a three or four-digit number found on the back of MasterCard, Visa, Diners Club and Discover credit cards.
In an attempt to fight credit card fraud, some brokers set a cap on amounts you can deposit by card. That threshold stands at US$ 15,000 in the case of HFM.com. Others, like HYCM.com, 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.
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 Stéphane, 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.