Forex Brokers that Accept PayPal

Compare Forex brokers that accept Paypal for deposits and withdrawals. And find out more about PayPal's fees, limits and withdrawal options.

#1
FxPro
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79.78% of retail CFD accounts lose money

FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best FX Provider" in the 2019, 2017 and 2016 Online Personal Wealth Awards.

  • Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  • Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
  • Regulators: Bahamas, E.U., South Africa, UK
  • Incorporated: 2006

$500
deposit

1:500
leverage

Instant
execution

$500
deposit

1:500
leverage

Market
execution

$500
deposit

1:500
leverage

Market
execution

$500
deposit

1:500
leverage

Market
execution

#2
eToro
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75% of retail CFD accounts lose money

Buy shares outright or trade CFDs on shares, indices, Forex, cryptocurrencies and more*. Connect with over 6 million other investors, follow or copy their trades in real-time on eToro.com.

  • Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  • Platforms: Copy trading, Mirror trading
  • Regulators: Australia, E.U., UK
  • Incorporated: 2007

$400
deposit

1:30
leverage

Instant
execution

$1000
deposit

1:30
leverage

Instant
execution

$10000
deposit

1:30
leverage

Instant
execution

$400
deposit

1:400
leverage

Instant
execution

#3
Plus500
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76.4% of retail CFD accounts lose money

Trade CFDs without commission on Forex, shares, indices, commodities and ETFs with Plus500.com. Plus500 is listed on the London Stock Exchange and is regulated across several jurisdictions.

  • Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
  • Regulators: Australia, E.U., New Zealand, Singapore, South Africa, UK
  • Incorporated: 2008

$100
deposit

1:30 (EU), 1:300 (non-EU)
leverage ?

Instant
execution

$100
deposit

1:300 (non-EU)
leverage ?

Instant
execution

Trade Forex and CFDs on over 10,000 stocks, indices, commodities and currency pairs when you open an IRESS account with FP Markets. FP Markets also supports MetaTrader 4 and 5.

  • Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
  • Platforms: MetaTrader 4, MetaTrader 5, Copy trading
  • Regulators: Australia, E.U.
  • Incorporated: 2005

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

$100
deposit

1:500
leverage

Market
execution

Why use PayPal for deposits?

  • Fund your account online 24/7 through your PayPal account.
  • Activate and fund your account in less than 5 minutes.
  • Make direct withdrawals to your PayPal account.

What is PayPal?

PayPal is like an online wallet that stores your credit card and bank account details. You can use your PayPal account to shop online without having to remember your details or enter them into a website again.

Opening a PayPal account is easy and it's free. All you need is an email address and a password. After that, you can link your PayPal account to a bank account, credit card or debit card.

Benefits of using PayPal

  • Secure: PayPal is a safer way to pay because you store your financial information with PayPal rather than the merchants you buy from. This is a genuine advantage because your information could be at risk from hackers or prying employees even if you transact with established and reputable websites.
  • Convenient: with PayPal, you only enter your credit card or bank account details once when you open open your account. After that, all you need is your PayPal email address and password to shop online.
  • Fast: with PayPal, you can send and receive money in real-time.

Account limits

When you open an account, PayPal only asks for essential information so that you can get started right away. Your account will be classified as "Unverified" until you provide more information about yourself (this is to comply with anti-money laundering laws). Unverified accounts are subject to initial limits on the amount you can send, receive and withdraw.

It's a good idea to verify your account as soon as possible. Otherwise, PayPal could force verification on you at a later stage if your account balance or transaction volumes rise above certain thresholds. When this happens, your account will be "Limited" and you will no longer be able to send, receive or withdraw money. This could play havoc with your trading, preventing you from meeting margin calls or taking advantage of changes in the financial markets.

PayPal withdrawal methods

While PayPal typically allows withdrawals to a bank account or a card, this may not be possible in all countries. In some countries, PayPal restricts withdrawals to US bank accounts only. And in others, it does not support withdrawals to credit or debit cards. Remember to check PayPal withdrawal options in your country to make sure it works for you.

PayPal fees

PayPal is a cost-effective way to trade. If your PayPal account and broker are in the same country, you could finance your trades and withdraw your profits to a local bank account entirely free of charge. Here's a breakdown of PayPal fees:

  • Joining: free to join.
  • Deposits: free to add money to your PayPal balance from a domestic bank account.
  • Withdrawals: free to make a standard withdrawal from your PayPal balance to your bank account. PayPal charges a fee for withdrawals to a card and accelerated withdrawals to a bank account.
  • Buying: free.

If your transaction requires a currency conversion, PayPal will add a processing fee above the wholesale exchange rate. In addition, PayPal also charges a cross-border fee for cross-border payments. The cross-border fee applies when the sender and the receiver have PayPal accounts registered in different countries. Please check the PayPal User Agreement for fees applicable in your country.


FxPro

MT4 Floating - Instant Execution

Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant ... More

  • $500 deposit
  • 1:500 leverage ?
  • 1.71 pips EUR/USD
79.78% of retail CFD accounts lose money

AvaTrade

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
79% of retail CFD accounts lose money

FXPRIMUS

Variable Spreads [Vanuatu]

Trade over 120 instruments across Forex, commodities, energies, global indices and US equities from ... More

  • $100 deposit
  • 1:1000 leverage ?
  • 1.5 pips EUR/USD
68.02% of retail CFD accounts lose money

AvaTrade

Professional Account [EU]

Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More

  • $100 deposit
  • 1:400 leverage ?
  • 0.6 pips EUR/USD
79% of retail CFD accounts lose money