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The Best Forex Brokers That Accept PayPal in 2024

Posted by | Jun 20, 2024 | | 0 |

Overview of the Best Forex Brokers That Accept PayPal in 2024

This table provides a comparison of the best forex brokers that accept PayPal in 2024. It includes key details such as the minimum deposit required, maximum leverage offered, FX commission per lot, the number of currency pairs available, and whether credit/debit card deposits are accepted. This comparison aims to help new traders make informed decisions by highlighting brokers that offer competitive terms, low fees, and accessible trading conditions.

BrokerMinimum DepositLeverageFX Commission Per LotCurrency PairCredit/Debit Card
Fusion Markets$01:30 $2.25 commission per lot per trade90Yes
FP Markets$50 1:30 $3.00 commission per lot per trade70Yes
IC Markets$2001:30 $3.50 commission per lot per trade61Yes
Global Prime$30 1:30 $3.50 commission per lot per trade56Yes
Tickmill$1001:30 $2.00 commission per lot per trade62Yes
FXTRADING.com$200 1:500 $2.00 commission per lot per trade43Yes
FxPro$1001:30 No commission is charged70Yes
FOREX.com$1001:30 No commission is charged80+Yes
CMC Markets$01:30 No commission is charged300+Yes
eToro$100 1:30 No commission is charged40+Yes

Trading Fees of the Best Forex Brokers That Accept PayPal

The fees associated with a trade, such as spreads, commissions, and other trading costs, are crucial when choosing a broker. To help you make an informed decision, we have compiled a table below showcasing the most important forex spreads.

BrokerEUR/USD SpreadGBP/USD SpreadAUD/USD SpreadEUR/CHF SpreadEUR/GBP Spread
Fusion Markets0.00.00.00.20.0
FP Markets0.10.20.20.40.2
IC Markets0.00.00.00.20.2
Global Prime0.10.20.10.30.2
Tickmill0.20.30.20.70.5
FXTRADING.com0.10.30.21.21.2
FxPro1.41.62.02.91.5
FOREX.com1.21.51.21.91.2
CMC Markets0.71.20.71.21.1
eToro1.02.01.05.01.5

Non-Trading Fees at the Best Forex Brokers That Accept PayPal

Non-trading fees are charges that are not directly tied to individual trades. These typically include account maintenance, deposit and withdrawal fees, and inactivity fees. The table below provides information on the non-trading fees of the best forex brokers that accept PayPal, helping you make an informed choice.

BrokerAccount FeesDeposit FeesWithdrawal FeesInactivity Fees
Fusion MarketsNo$0$0 No
FP MarketsNo $0$0 No
IC MarketsNo$0$0 No
Global PrimeNo$0$0 No
TickmillNo$0$0No
FXTRADING.comNo$0$0$0
FxProNo$0$0Yes
FOREX.comNo$0$0Yes
CMC MarketsNo$0$0Yes
eToroNo$0$5Yes

Can I Trust These Brokers?

When choosing the best forex brokers that accept PayPal, trust is paramount. We evaluate each broker’s regulatory status, protections available to investors, customer reviews, and track record for transparency and reliability. Learn about the measures these brokers take to protect your investments and ensure a secure trading environment.

BrokerEstablishment YearTop-tier RegulatorsInvestor ProtectionInvolved in the scandal
Fusion Markets2010ASIC in Australia, VFSC in the VanuatuNo investor protectionNo
FP Markets2005ASIC in Australia, CySEC in the EU€20k to EU clients, $0 to othersNo
IC Markets2007FCA in the UK and ASIC in Australia€20k to EU clients and $0 to othersNo
Global Prime2010FCA in the UK, ASIC in AustraliaNo protecionNo
Tickmill2014FCA in the UK, and CySEC in Cyprus£85k for UK and €20k for EU clients, $0 for othersNo
FXTRADING.com2014ASIC in Australia, VFSC in the VanuatuNo investor protectionNo
FxPro2006FCA in the UK, FSCA in South Africa, CySEC in Cyprus, and SCB in the Bahamas£85k to UK clients, $0 to othersNo
FOREX.com2001FCA in the UK and CFTC, NFA in the US£85k to UK and EU clientsNo
CMC Markets1989FCA in the UK, CIRO in Canada, and ASIC in Australia£85k to UK clients, €20k to EU, CAD 1mn to Canadian, $0 to other clientsNo
eToro2007CySec in Cyprus and FCA in the UK£85,000 for UK residents, €20,000 for EU residents, no protection for Australian residentsNo

The Best Forex Brokers That Accept PayPal Snapshot

Fusion Markets
Fusion Markets
Mobile App Score4.5
Minimum Deposit$0
FX Commission Per Lot$2.25 commission per lot per trade
Currency Pair90
Trading PlatformMT5, MT4 (Webtrader and Mobile App), cTrader, TradingView
Inactivity Fee❌
Deposit MethodsVisa, MasterCard (credit & debit), PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Cryptos or bank wire
Withdrawal MethodsBank Wire, Credit or Debit Card, Skrill and Neteller
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
FP Markets
FP Markets
Mobile App Score4.8
Minimum Deposit$50
FX Commission Per Lot$3.00 commission per lot per trade
Currency Pair70
Trading PlatformMT4, MT5, cTrader
Inactivity Fee❌
Deposit MethodsCredit/debit cards, bank wire transfers, and e-wallets (including PayPal)
Withdrawal MethodsCredit/debit cards, bank wire transfers, and e-wallets (including PayPal)
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
IC Markets
IC Markets
Mobile App Score5.0
Minimum Deposit$200
FX Commission Per Lot$3.50 commission per lot per trade
Currency Pair61
Trading PlatformMT5, MT4, cTrader, IC Social, Signal Start, ZuluTrade
Inactivity Fee❌
Deposit MethodsBank wire, Credit cards, Digital wallets (including PayPal)
Withdrawal MethodsBank wire, Credit cards, Digital wallets (including PayPal)
Time to Open an Account2 days
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
Global Prime
Global Prime
Mobile App Score4.2
Minimum Deposit$0
FX Commission Per Lot$3.50 commission per lot per trade
Trading PlatformMetaTrader 4
Inactivity Fee❌
Deposit MethodsBank transfer, credit/debit cards, PayPal, Neteller, Skrill, GATE8, DragonPay, VNPay, PromptPay, Bpay, POLi, AstroPay, Interac, PayID, Perfect Money, XPay, Rapyd, BinancePay, Jeton, Mifinity, FasaPay, Pagsmile.
Withdrawal MethodsBank transfer, credit/debit cards, PayPal, Neteller, Skrill, GATE8, DragonPay, VNPay, PromptPay, Bpay, POLi, AstroPay, Interac, PayID, Perfect Money, XPay, Rapyd, BinancePay, Jeton, Mifinity, FasaPay, Pagsmile.
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 via live chat, phone, and email
Tickmill
Tickmill
Mobile App Score4.5
Minimum Deposit$100
FX Commission Per Lot$2.00 commission per lot per trade
Currency Pair62
Trading PlatformMT4, MT5, Mobile trading app
Inactivity Fee❌
Deposit MethodsBank transfers, Visa/Mastercard, Neteller/Skrill, PayPal, STICPAY, Fasapay, UnionPay, NganLuong.vn, QIWI, WebMoney
Withdrawal MethodsBank transfers, Visa/Mastercard, Neteller/Skrill, PayPal, STICPAY, Fasapay, UnionPay, NganLuong.vn, QIWI, WebMoney
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
FXTRADING.com
FXTRADING.com
Mobile App Score4.5
Minimum Deposit$200
FX Commission Per Lot$2.00 commission per lot per trade
Currency Pair43
Trading PlatformDesktop MT4, Mobile MT4, Web Trader MT4, MT5
Inactivity Fee❌
Deposit MethodsBank Wire (BankTransfer/SWIFT), VISA, MasterCard, Local Bank Transfers, Neteller, PayPal, Poli, Skrill
Withdrawal MethodsBank Wire (BankTransfer/SWIFT), VISA, MasterCard, Local Bank Transfers, Neteller, PayPal, Poli, Skrill
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
FxPro
FxPro
Mobile App Score4.8
Minimum Deposit$100
FX Commission Per LotNo commission is charged
Currency Pair70
Trading PlatformMT5, MT4, cTrader, FxPro Trading Platform, FxPro Direct Mobile App
Inactivity Fee$15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity.
Deposit MethodsBank transfers, credit and debit cards, and e-wallets like PayPal and Skrill.
Withdrawal MethodsBank transfers, credit and debit cards, and e-wallets like PayPal and Skrill.
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
FOREX.com
FOREX.com
Mobile App Score5.0
Minimum Deposit$100
FX Commission Per LotNo commission is charged
Currency Pair80+
Trading PlatformMT5, MT4, WebTrader, TradingView, Mobile App
Inactivity Fee£/€/AUD 15, £12, or JPY 1500 per month after one year of inactivity
Deposit MethodsCredit/debit card, wire transfer, PayPal
Withdrawal MethodsCredit/debit card, wire transfer, PayPal
Time to Open an Account1-3 days
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
CMC Markets
CMC Markets
Mobile App Score4.8
Minimum Deposit$0
FX Commission Per LotNo commission is charged
Currency Pair300+
Trading PlatformiOS, Android, MT4
Inactivity Fee£10 per month after one year of inactivity.
Deposit MethodsCredit/debit card, PayPal, Bank transfer
Withdrawal MethodsCredit/debit card, PayPal, Bank transfer
Time to Open an Account1-3 days
Demo Account✔️
Customer ServicesAvailable 24/5 via live chat, phone, and email
eToro
eToro
Mobile App Score4.2
Minimum Deposit$100
FX Commission Per LotNo commission is charged
Currency Pair40+
Trading PlatformMobile and web platform
Inactivity Fee$10 per month after 1 year of inactivity. eToro defines inactivity as not logging into your account
Deposit MethodseToro money, Credit / Debit Card, Bank Transfer, Klarna / Sofort, E-wallet (PayPal, Skrill, Neteller)
Withdrawal MethodseToro money, Credit / Debit Card, Bank Transfer, Klarna / Sofort, E-wallet (PayPal, Skrill, Neteller)
Time to Open an Account1 day
Demo Account✔️
Customer ServicesAvailable 24/7 live chat and ticket support. WhatsApp support is available only for eToro Club members.

Methodology

To choose the best forex brokers that accept PayPal, we thoroughly check, verify, and compare the elements that we consider to be the most important to consider when choosing an excellent broker. This includes the benefits, drawbacks, and overall grades determined by our research. Our goal is to help you find the ideal broker for your investor needs. You can read more about our methodology by visiting this page.

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