List of Broker with PayPal Option

Best PayPal Forex Brokers 2020

The brokers below represent the best Paypal accepting brokers

75% of retail investor accounts lose money

BaFin, CNMV in Spain, CySEC, FCA, IFSC

75% of retail investor accounts lose money

Your capital is at risk

IRESS, MT4, MT5, webtrader

No dealing desk

Your capital is at risk

76.4% of retail CFD accounts lose money

ASIC, CySEC, FCA, FSB, ISA, MAS

No dealing desk

76.4% of retail CFD accounts lose money

62% of retail CFD investors lose money

ASIC, CySEC, FCA, MiFID

cTrader, Currenex, eToro Platform, Keystone, Marketspulse, Mirror Trader, MT4, MT5, Tradologic, Zulutrade

Market Maker, No dealing desk, STP

62% of retail CFD investors lose money

Here’s a list of Best Paypal accepting brokers:

Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.

Regulated By: BaFin, CNMV in Spain, CySEC, FCA, IFSC

Foundation Year : 2002

Headquarters : Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom

75% of retail investor accounts lose money

XTB is an award-winning CFD platform that supports Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies. For Forex, XTB supports 48 currency pairs with low-cost spreads. Customers of XTB can choose between trading on the xStation 5 or MT4 platforms. For leverage accounts, this brokerage offers leverage of up to 200:1.

Stock and ETF CFDs all attract a fixed commission of 0.08% per lot across the two types of accounts.

XTB was founded in 2002 with headquarters in Warsaw. It is regulated in markets across Europe by the IFSC, FCA, KNF, and CySec. XTB has a free demo account and a Trading Academy set of courses for beginner and intermediate traders.

FP Markets

Regulated By: ASIC, CySEC

Foundation Year : 2005

Headquarters : Level 5, Exchange House 10 Bridge St Sydney NSW 2000, Australia

Min Deposit : $100

Your capital is at risk

FP Markets is the brokerage arm of First Prudential Markets Pty Ltd, an Australian firm which was established in 2005. In over 14 years of brokerage operations, FP Markets has grown to become a foremost online forex and CFD broker.

The Head Office is located in Sydney, Australia. The brand has won multiple industry awards in areas like; customer service, trader education and trade execution. Here are some advantages of trading with FP Markets:

• Over 13,000 trading instruments to choose from.
• Modern trading platforms.
• Low spreads on forex currency pairs.
• Regulated brokerage conditions.
• Multilingual and efficient customer support

Plus500

Regulated By: ASIC, CySEC, FCA, FSB, ISA, MAS

Foundation Year : 2008

Headquarters : Building 25, MATAM, Haifa, Israel

Min Deposit : $100

76.4% of retail CFD accounts lose money

Plus500 is a leading online forex and CFD provider. The company was founded in Israel in 2008. Today, it has regional offices in UK, Cyprus, Australia and Singapore. Plus500 offers over 2,500 trading instruments that can be traded on its platforms.

• 2,000+ CFD products available for trading across global markets, including cryptocurrency CFDs
• Offers guaranteed stop-loss orders
• Multiple regulations from different countries. Regulation includes FCA, ASIC, CySEC and MAS.
• Over 100 chart indicators are available in the web platform

• Lack of content and news headlines
• Lack of Trader Education to clients
• No phone support offered

eToro

Regulated By: ASIC, CySEC, FCA, MiFID

Foundation Year : 2007

Headquarters : Kanika International Business Center 7th Floor, 4 Profiti Ilia Street Germasogeia, Limassol, Cyprus

Min Deposit : $200

62% of retail CFD investors lose money

eToro is an online trading platform that was founded in 2007 by the Assia siblings and their friend David Ring in Tel Aviv, Israel. Formerly known as RetailFX, eToro is the pioneering online broker for social trading. Their Openbook social trading platform in fact changed the nature of the way beginner online traders can trade the financial markets. It made the markets accessible to everyone, no matter what their level of experience by creating a user-friendly environment and allowing traders to copy the trades of other traders’ strategies automatically.

Introduction: What is PayPal?

PayPal is an electronic means of exchange, which enables people from all over the world to pay for goods and services online as well as transfer money in electronic form. The company was founded in 1999 by a team of programmers that include Elon Musk, who is now the CEO of Telsa Motors and SpaceX Technologies. PayPal enables users to perform transactions using the PayPal digital wallet as well as the PayPal credit card processing system.

Why Use PayPal as Your Deposit/Withdrawal Method?

PayPal offers an electronic method of making instant deposits and same-day withdrawals. You can use the digital wallet (which is funded by a credit or debit card attached to your bank account), or you can use the card processing service to handle transactions from any debit cards issued by third-party companies (such as the prepaid cards issued by the forex brokers themselves).

This method is very good for traders who want to get instant transactions processed to start trading forex, but are not willing to compromise the privacy of their card or details by entering them into the forex brokers website.

Benefits of Choosing a Broker that Accepts PayPal

PayPal presents an instant and secure way of depositing and withdrawing funds from a forex trading account. The emphasis here is on security, because PayPal presents several user authentication processes to ensure that any transaction on a forex account using PayPal is being done by the owner of the account only.

Apart from security, the PayPal digital wallet also offers a fast means of depositing and withdrawing funds, as all transactions are done in an instant.

PayPal also maintains a multi-currency platform (25 currencies supported), so there is no need to perform an offline currency exchange even if the PayPal account currency is different from the currency in which the trading account is maintained. PayPal handles the conversion for a very small fee.

How to Pick A Decent Broker With PayPal

The greatest issues with PayPal are as follows:

1. a) The PayPal service does not serve all countries of the world. Some countries are blacklisted from using PayPal.
2. b) Among countries which are allowed to use PayPal, many are granted “Send Only” status, which means that while deposits can be made to the trading account, it is not possible to withdraw funds using PayPal. Considering that many forex brokers insist on withdrawals being made with the same transaction method as the deposit of the trading capital, this poses a huge challenge for traders.

If your country has a “Send Only” status on PayPal, you will not be able to get the best out of a PayPal forex broker. But if you have an account that can send and receive PayPal funds, then you can use it to enjoy the best of PayPal’s services.

You can find out if your country is fully supported on PayPal from the list published here.

PayPal Chargeback on Broker Account

PayPal prides itself in being able to offer chargebacks on disputed transactions. If a deposit transaction was not authorized by the trader, it can be disputed using the Paypal chargeback process, which can lead to PayPal granting the refund.

Conclusion

If you are one of the many traders that has seen the benefits to using Paypal as a payment method for funding and withdrawing to your forex account then look no further than the FXEmpire Best Paypal Brokers list. Here we have drilled down to get to the ultimate brokers that do offer this payment method.

PayPal Forex Brokers

A list of Forex brokers that support PayPal payment system as an option for funds deposit/withdrawal. PayPal is a convenient on-line payment system that is widely accepted in the USA, Canada and the United Kingdom. Forex brokers that accept PayPal deposits often are good-standing companies, which you can trust. You will find 22 brokers listed in the table below.

PayPal is probably the most popular online payment in the world, or at least in the parts of the world where it is fully operational. Nevertheless, PayPal is not as popular in Forex. You might want to choose a broker that accepts PayPal payments if:

• You use PayPal for everything else and do not wish to begin using any other payment method.
• You want extra security for your funds transfers. Broker did not credit your deposit? Refund!
• If some broker accepts PayPal, then it means that it is not a scam company, at least yet.
• You do not mind PayPal fees. Or, perhaps, it is a reason to start minding them.

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.

Compare Brokers That Accept PayPal

For our paypal comparison, we found 6 brokers that are suitable and accept traders from Russian Federation.

We found 6 broker accounts (out of 147) that are suitable for PayPal.

AvaTrade

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About AvaTrade

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

71% of retail investor accounts lose money when trading CFDs with this provider.

Pepperstone

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About Pepperstone

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

73.6% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About XTB

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

75% of retail investor accounts lose money when trading CFDs with this provider.

Read our in-depth XTB review

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About IG

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

68% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Read our in-depth IG review

FXPro

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About FXPro

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

79% of retail investor accounts lose money when trading CFDs with this provider

Spreads From

What can you trade?

• Forex
• Crypto currencies
• Indices
• Commodities
• Stocks
• ETFs

About HYCM

Platforms

• MT4
• MT5
• Web Trader
• Mobile App

Funding Methods

• Credit cards
• PayPal
• Bank transfer

82% of retail investor accounts lose money when trading CFDs with this provider.

Read our in-depth HYCM review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

Finding a Broker That Accepts PayPal

For those who are interested in opening an account with a forex broker, there are several factors which need to be considered.

Firstly, the broker in question should be regulated and trustworthy. Beyond that though, other features, such as a wide variety of underlying assets and amenable spreads, are also important. For example, the available payment methods can be just as critical, as you must be able to withdraw and deposit funds in order to trade.

Why Use PayPal as a Trading Payment Option?

One thing that makes PayPal a great payment option is that it’s simple to use. With just a few clicks, you can make instant deposits while PayPal’s service coverage is offered in 202 countries worldwide and in 52 different currencies, including but not limited to USD, CAD, EUR, DKK, JPY, GBP and INR.

PayPal also supports a wide range of payment platforms including e-Banking, PLAN and MXN. PayPal allows you to make payments online through your email address. You can deposit money to your account, instantly send it to your broker and receive any payout and withdraw it to your bank. It also offers a safe and secure online platform for sending money and receiving money electronically.

PayPal’s system of paying fees can also suit trading well. There are no fees charged for opening an account, while the payment fees for PayPal vary according to your location and the payment method used.

Advantages & Disadvantages of Using PayPal as a Payment Option

There are many benefits of using PayPal for forex trading, including:

• It’s very simple and easy to use. With just a few clicks, you can make your deposits.
• It has a wide coverage and is available internationally in over 200 countries and 52 currencies.
• Forex traders don’t need a credit card as PayPal account allows receiving and sending money to up to 202 countries globally, including but not limited to USA, Canada, UK, France and Italy.
• Payments are instant and withdrawals take less time to reflect in your bank account in comparison to traditional bank transfers.
• Payments made via credit cards or PayPal account balance are processed instantly.
• Withdrawal of funds to bank account take at most 3 business days to reflect in bank account once approved by your bank.
• Forex companies recognise PayPal as a payment method for speeding up transactions. With the endless number of benefits for forex traders, we believe PayPal is certainly the easiest convenience that any trader can ever need.

The main disadvantages of using PayPal are that the payment processing fees may be higher in comparison to a bank transfer, depending on your country and currency. If you don’t already have an account, there is also the additional work involved in setting up and managing a new PayPal account.

Why Choose AvaTrade
For PayPal?

AvaTrade scored best in our review of the top brokers for paypal, which takes into account 120+ factors across eight categories. Here are some areas where AvaTrade scored highly in:

• 12+ years in business
• Offers 250+ instruments
• A range of platform inc. MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

• 24/7 customer service
• Tight spreads from 0.70pips
• Used by 200,000+ traders.

• Offers demo account
• 4 languages

AvaTrade offers four ways to tradeForex, CFDs, Spread Betting, Social Trading. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

AvaTrade have a AAA trust score. This is largely down to them being regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI, segregating client funds, being segregating client funds, being established for over 12

Trust Score comparison

A Comparison of AvaTrade vs. Pepperstone vs. XTB

Want to see how AvaTrade stacks up against Pepperstone and XTB? We’ve compared their spreads, features, and key information below.