Forex Brokers Accepting Prepaid Cards

Written by Zornitsa Stefanova

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Zornitsa Stefanova

Zornitsa Stefanova is a Financial Research and Platform Testing Analyst at BestBrokers.com, specialising in hands-on reviews of forex, cryptocurrency and stock trading platforms. She evaluates brokerage companies from a user-focused perspective, testing key areas such as account setup, trading conditions, platform usability, available markets and overall reliability.

, | Expert Editor Eugene Lee, CFA

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Eugene Lee, CFA

Eugene Lee, CFA, is the Head of Research at BestBrokers.com, where he draws on more than two decades of experience in global markets, portfolio management, derivatives, and fintech to evaluate online brokers. His background in institutional investing and quantitative research helps ensure that broker reviews are based on data, risk assessment, and real-world trading conditions.

, | Updated: July 14, 2026

Prepaid cards are a widely used method for online payments, including funding forex trading accounts. Their popularity stems from the convenience they offer, enabling users to control their spending without linking directly to a bank account. They also enhance security by limiting exposure to fraud. Many online brokers support this payment method. Below are regulated forex brokers that accept deposits via prepaid cards, helping ensure a safe and smooth funding experience.

1Fusion Markets

Rating: 4.38 ⭐

74-89% of retail's CFD accounts lose money

Top Rated

2FP Markets

Rating: 4.37 ⭐

73.33% of retail investor accounts lose money

3BlackBull Markets

Rating: 4.28 ⭐

Trading leveraged products is risky

4Pepperstone

Rating: 4.19 ⭐

73.7% of retail investor accounts lose money

5Eightcap

Rating: 4.08 ⭐

59.57% of retail investor accounts lose money when trading CFDs with this provider.

6Global Prime

Rating: 4.08 ⭐

74-89% of retail CFD accounts lose money

7FxPro

Rating: 3.96 ⭐

74% of retail investor accounts lose money

8Plus500 US

Rating: 3.75 ⭐

This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

9Libertex

Rating: 3.58 ⭐

83% of retail investor accounts lose money

10eToro

Rating: 3.24 ⭐

52% of retail investor accounts lose money

Top 10 Prepaid Card Brokers Ranked by Trustpilot Score

Comprehensive Comparison of the Top 9 Forex Brokers Accepting Prepaid Cards

Top 11 Brokers Accepting Prepaid Cards

1. 

   Overall Score 4.38/5

   Score breakdown ›

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   1. Fusion Markets

   Fusion Markets is a forex and CFD broker offering spreads from 0 pips, maximum allowable leverage of 1:500 for professional traders and non-Australian customers, and regulation by ASIC, the FSA of Seychelles, and the VFSC. The brand offers a Spreads tool that enables traders to view live and historical spreads for all supported trading instruments.

   Fusion Markets supports over 30 payment methods, including bank cards, cryptocurrencies, bank wires, and more. During our live testing with a funded Classic account, we confirmed that Visa and Mastercard-branded prepaid cards are accepted, provided they support online payments. Traders must enter their card’s unique code to complete the transaction. Our card deposits were processed instantly and incurred no fees from Fusion Markets.

   The broker imposes no minimum initial deposit requirement, although most supported payment methods allow deposits starting at $10. Since prepaid cards do not support withdrawals, clients must use alternative methods such as PayPal, MiFinity, Skrill, Neteller, or bank transfers. Minimum withdrawals generally start at $10, or $35 for bank wires. We withdrew via bank transfer, and the funds reached us in approximately five business days.

   Gleneagle Asset Management Limited (ABN 29 103 162 278) trading as Fusion Markets, is the issuer of the Fusion Markets Products described in this communication. Trading in Fusion Markets Products involves the potential for profit as well as the risk of loss which may vastly exceed the amount of your initial deposit and is not suitable for all investors. You should read all of these Financial Product Service Terms, the Product Disclosure Statement (PDS) and the Financial Services Guide (available on our website) carefully, consider your own financial situation, needs and objectives for investing in these Fusion Markets Products and obtain independent financial advice.
2. 

   Overall Score 4.37/5

   Score breakdown ›

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   2. FP Markets

   Founded in 2005 by a team of trading experts, FP Markets has grown into one of the largest brokers globally. The company operates under the regulatory oversight of CySEC, the FSCA, and ASIC, adhering to strict financial standards. FP Markets supports over 10,000 financial instruments, including CFDs on 70 currency pairs and thousands of stocks, as well as commodities, cryptocurrencies, and indices.

   Over 300 exchange-traded funds (ETFs) are also available for trading. Deposits and withdrawals can be processed through multiple methods, including Visa, Mastercard, Skrill, Neteller, PayPal, and bank transfers. The minimum deposit for EU customers is $50 or the equivalent in another currency.

   While reviewing the broker, we found that prepaid cards are not accepted by FP Markets’ CySEC-regulated entity due to regulatory constraints. However, we were able to open a live Standard account with the Seychelles subsidiary and fund it with a prepaid Visa card. The deposit was processed instantly, incurred no broker fee, and required a minimum amount of $100. Various base currencies are supported, including AUD, USD, CAD, EUR, and GBP. We withdrew via bank transfer, and the funds reached us in around five business days.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.33% 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.
3. 

   Overall Score 4.28/5

   Score breakdown ›

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   3. BlackBull Markets

   BlackBull Markets is a broker regulated by the FMA in New Zealand and the FSA in Seychelles. It caters to a wide range of traders, offering three distinct live account types: ECN Standard, ECN Prime, and Prime+. Across markets such as forex, commodities, equities, indices, and cryptocurrencies, traders can access more than 26,000 tradable assets. Multiple trading platforms are available, including MT4, MT5, TradingView, and cTrader.

   For account funding, traders can choose from a selection of payment options, including Visa and Mastercard cards, bank transfers, e-wallets, and more. Most accepted payment methods have a minimum deposit of $50. Prepaid cards from major card issuers may also be available to some customers, so it is worth checking with the support team.

   After we opened a live ECN Standard account, customer support advised us not to use a prepaid card for deposits because we would need to prove that it was a prepaid card before withdrawing through another method.

   However, we were able to initiate an instant, fee-free prepaid card deposit for testing purposes and uploaded the required documents to request a withdrawal via standard bank transfer. Withdrawal limits range from $10 to $50, depending on the method. Our bank transfer withdrawal was processed within three business days and incurred a $5 fee, the same fee charged for other supported withdrawal options.

   Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
4. 

   Overall Score 4.19/5

   Score breakdown ›

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   4. Pepperstone

   Established in Australia in 2007, Pepperstone has expanded over the years to become a global provider with over 750,000 registered customers worldwide. The broker is authorized by multiple financial regulators, including ASIC, CySEC, BaFin, the DFSA, and the FCA. Traders have access to 1,475 financial instruments across several asset classes, including forex, indices, commodities, and stocks.

   To deposit funds into or withdraw funds from their trading accounts, Pepperstone customers can choose from multiple processors, including bank cards, supported prepaid products, PayPal, Neteller, Skrill, Zotapay, and bank wires. Many transfers to and from trading accounts are free, although some methods may incur fees.

   For our Pepperstone test, we opened a live Standard account with the broker’s SCB-regulated offshore entity. Card deposits start at $10, are credited instantly, and incur no broker fees, but non-personalized prepaid cards were not accepted. The card generally must display the cardholder’s name for the deposit to go through. We withdrew via international bank transfer, which incurred a $20 fee and was processed within five business days.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% 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.
5. 

   Overall Score 4.08/5

   Score breakdown ›

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   5. Eightcap

   Eightcap was founded in 2009 and is headquartered in Melbourne, Australia, with five offices worldwide. The broker follows the guidelines of several financial authorities, including the FCA, SCB, and CySEC. Eightcap has set a minimum deposit of $100 and offers more than 800 financial instruments tradable via CFDs.

   Customers can select a payment method that suits their needs based on their location. Besides bank cards and prepaid solutions, payments can be processed via PayPal, wire transfers, Skrill, Neteller, cryptocurrencies, PIX, and Interac, which is intended for customers with Canadian bank accounts. Withdrawals take between one and five business days, depending on the chosen method. The broker supports TradingView, MT4, and MT5.

   We opened a live Standard account under Eightcap’s Bahamas-regulated entity and deposited using a prepaid Visa card that supported online transactions. The deposit went through after a short delay, although its success largely depends on the broker’s payment processor. After passing the KYC checks, we withdrew via bank transfer. Bank transfer withdrawals start at $50 and take approximately five business days to process.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% 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.
6. 

   Overall Score 4.08/5

   Score breakdown ›

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   6. Global Prime

   Global Prime is a broker offering competitive spreads, no minimum deposit requirement, more than 150 global financial instruments, and 24/7 customer support. The brand is regulated by ASIC and the VFSC and keeps client funds in segregated accounts. While the ASIC entity provides negative balance protection to retail margin traders, the VFSC entity does not, leaving traders potentially liable for losses exceeding their account balance.

   Deposits via bank cards and supported prepaid cards incur no broker fees. Customers can also fund their accounts through more than 20 other methods, including PayPal, Skrill, Neteller, MiFinity, AstroPay, and cryptocurrencies. Most deposit and withdrawal methods have minimum amounts starting at $10, except for bank wires, which have a minimum withdrawal of $30. Card deposits are accepted in AUD, USD, GBP, EUR, SGD, JPY, and CAD.

   The broker accepts Visa and Mastercard prepaid cards. During our live tests with a Standard account under the Vanuatu-regulated entity, we successfully deposited using a reloadable Visa prepaid card. We withdrew via international bank transfer, which incurred a $15 intermediary bank fee and arrived within five business days.

   Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017) and is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 385620. Gleneagle Securities Pty Limited trading as Global Prime FX, is a registered Vanuatu company (Company Number 40256) and is regulated by the VFSC. The website is owned and operated by FMGP Trading Group Pty Ltd, ABN 74 146 086 017.
7. 

   Overall Score 4.06/5

   Score breakdown ›

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   7. ActivTrades

   ActivTrades customers can trade over 1,000 financial instruments, gaining exposure to markets such as forex, commodities, shares, indices, bonds, ETFs, and cryptocurrencies. To start trading with a live account, traders can fund their balance through the deposit page.

   Most ActivTrades entities impose no minimum initial deposit, allowing traders to start with relatively small amounts. Visa and Mastercard-branded cards are accepted for both deposits and withdrawals, while some traders may also be able to use prepaid cards from the same issuers. Bank transfer withdrawals incur a £9 processing fee in some countries.

   When testing the broker, we used a card that displayed the cardholder’s name and supported online payments and 3D Secure, as anonymous and third-party cards are rejected by ActivTrades’ payment system. The broker also limits customers to 3 active cards and up to 40 card deposits per month. Our bank transfer withdrawal was approved within one business day, and the funds reached our account in roughly five business days.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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.
8. 

   Overall Score 4.04/5

   Score breakdown ›

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   8. AvaTrade

   AvaTrade is a broker regulated by 9 financial authorities, including CySEC, ASIC, the FFAJ, the CBI, the ISA, and the FSCA. The company supports several trading platforms, including WebTrader, MT4, MT5, DupliTrade, and the proprietary AvaOptions platform. AvaTrade offers tight spreads, retail leverage of up to 1:400 in certain countries, no commissions, and instant order execution across various asset classes, including forex, stocks, commodities, and cryptocurrencies.

   The broker supports payments via bank cards, prepaid vouchers, e-wallets, PayPal, and bank wire transfers. Prepaid cards at AvaTrade are an option for traders who prefer to manage their trading funds independently of their bank accounts, allowing for controlled spending and additional privacy during transactions.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57% 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.
9. 

   Overall Score 3.88/5

   Score breakdown ›

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   9. Tickmill

   Founded in 2014, Tickmill offers competitive trading conditions on both Classic and Raw accounts, with minimum deposits starting at $100 and maximum retail leverage of 1:30. Customers of the offshore division can access higher leverage of up to 1:1000 on major forex pairs. The brand operates in more than 180 countries, with average execution speeds of 150 milliseconds and a record monthly trading volume of $197 billion in 2025.

   Visa and Mastercard deposits and withdrawals incur no broker fees. Deposits are instant, while withdrawals are processed within one business day. In addition to prepaid products from brands such as Visa and Mastercard, Tickmill supports other payment processors, including Skrill, Neteller, PayPal, and Trustly. The minimum withdrawal amount is only $25.

   When testing Tickmill with a Classic account under the FSA-regulated division, we used USD as the base currency for our card deposits, although EUR, ZAR, and GBP are also supported. We noted that unverified cards without a cardholder name are typically declined by the broker’s payment processor. Our bank transfer withdrawals were processed within one business day, but the funds took around seven days to reach our account.

   CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
10. 

    Overall Score 3.71/5

    Score breakdown ›

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    10. Swissquote

    Swissquote is a regulated brokerage offering educational resources, research tools, and access to a diverse range of trading instruments. To open an account, traders must choose an account type, provide an identification document, and deposit funds.

    Customers can choose from Standard, Premium, Prime, or Professional accounts, with multiple base currencies available, although the options vary by country. Our live testing showed that a minimum deposit of $500 was required to activate a live account. The first deposit must come from an account held with a licensed bank.

    We confirmed that personalized Visa or Mastercard prepaid cards can be used, provided they support 3D Secure and display the cardholder’s name. Card payments are free for clients outside the SEPA area, but Swissquote charges 1.9% for customers in Switzerland and SEPA countries. EU traders can withdraw only by bank transfer.

    Swissquote supports trading across forex, stocks, ETFs, bonds, indices, and cryptocurrencies. Maximum leverage for European retail traders is capped at 1:30. The broker supports card payments and bank transfers as its main payment methods, with more than 20 base currency options.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
11. 

    Overall Score 3.58/5

    Score breakdown ›

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    11. Libertex

    Part of the well-established Libertex Group, Libertex is an online broker offering CFDs on more than 300 underlying assets, including forex, ETFs, commodities, cryptocurrencies, bonds, options, indices, and stocks. The Libertex trading platform is regulated and supervised by CySEC under license number 164/12. The broker is also licensed in Vanuatu, South Africa, and Mauritius.

    We opened a live CFD account on MT4 for testing purposes. Prepaid Visa and Mastercard cards were accepted, but the cardholder name had to match the name on our Libertex account exactly. Some deposits also required additional security verification through a one-time passcode. For withdrawals, we used a standard bank wire, which took five business days to process and incurred a $29 transaction fee.

    Besides bank cards and prepaid cards, the brand supports other payment processors, such as PayPal, Trustly, Skrill, and Giropay. Withdrawals generally take between one and five business days, although timeframes vary by method. The broker offers MT4, MT5, and its proprietary Libertex trading platform.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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.

How to Deposit with a Prepaid Card?

Before depositing with a prepaid card, forex traders should ensure that their broker accepts prepaid cards as a funding option. After logging into their trading account and navigating to the “Deposit” section, they must select the prepaid card method, commonly Visa or Mastercard.

Some brokers also accept Paysafecard vouchers, for which traders enter a 16-digit code to authorize the payment. Prepaid cards allow traders to fund their accounts while maintaining control over their spending.

Deposits are usually processed instantly, enabling immediate access to trading. However, withdrawals to prepaid cards are often restricted. In such cases, traders may need to use an alternative method, such as a bank transfer. Traders should also check whether the broker charges additional fees for prepaid card deposits, as some brokers may impose processing costs or transaction limits.

Is KYC Required to Deposit by Prepaid Card?

Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are required by regulated forex brokers. Providers of forex trading services must comply with global security standards and verify their customers’ identities to help prevent fraud. Regulated brokers follow KYC procedures that typically require identification documents, proof of address, such as a recent utility bill, and, in some cases, proof of the source of funds.

Some brokers may require customers to take selfies while holding their identification documents to ensure that their photos and personal information match. It is also becoming increasingly common for online forex brokers to require video verification as part of their KYC and AML compliance procedures.

Many brokers now use automated digital KYC (eKYC) systems. This means that identity verification, including document scanning and biometric checks such as liveness detection or selfies, is often completed within seconds or minutes as part of the account registration process.

Additionally, KYC requirements typically apply regardless of the chosen deposit method, including prepaid cards. Traders depositing with prepaid cards will usually need to complete the KYC process before their funds are credited to ensure compliance with regulatory standards. Brokers typically require proof that the card is in the trader’s name and that the name matches the trading account. KYC verification helps protect both the broker and the trader by preventing identity theft, money laundering, and fraud.

How to Withdraw Using Prepaid Cards?

Prepaid card processors generally do not support withdrawals from online merchants, including brokers. Prepaid vouchers are primarily designed for small online purchases, so moving funds in the opposite direction is typically not possible. As a result, traders must select an alternative withdrawal method.

Bank transfers are usually a viable alternative, with processing times ranging from one to five working days. Traders should review their broker’s withdrawal options and policies to identify a suitable method.

Most Popular Prepaid Card Issuers

Prepaid cards are available worldwide and can be obtained in stores, online, or at an issuer’s branch. They offer a relatively simple way to pay for products and services online without opening a bank account or owning a credit card. Prepaid cards can help traders manage their funds and stay within budget.

Some of the most popular brands offering prepaid card solutions are Visa, Mastercard, and American Express. PayPal also offers the PayPal Prepaid Mastercard®. Paysafecard is another globally established provider of prepaid solutions accepted by multiple regulated brokers.

Below are some alternatives to prepaid cards that you can use

• PayPal Forex Brokers
• Debit and Credit Card Forex Brokers
• Visa Forex Brokers
• Crypto Forex Brokers
• Bitcoin Forex Brokers
• Wire Transfer Forex Brokers

Written by Z. Stefanova | Expert Editor Eugene Lee, CFA