Forex Brokers Accepting Credit and Debit Cards

Written by Zornitsa Stefanova
Zornitsa Stefanova is experienced forex and crypto analyst. She also covers various financial topics such as stocks trading and retirement investments.
, | Updated: May 14, 2024

Are you looking for reliable brokers where you can deposit with your credit or debit card? If so, this page is just the right place for you. Explore our toplist of trusted brokers accepting deposits with credit and debit cards. All trading sites recommended below facilitate instant, secure, and hassle-free card deposits at no extra cost for traders. Read on to learn more about our top picks.

1Global Prime
Rating: 4.1 ⭐
74-89% of retail CFD accounts lose money
2City Index
Rating: 4.2 ⭐
69% of retail investor accounts lose money
3FP Markets
Rating: 4.8 ⭐
73.85% of retail CFD accounts lose money
4Fusion Markets
Rating: 4.6 ⭐
74-89% of retail CFD accounts lose money
5AvaTrade
Rating: 4.5 ⭐
76% of retail investor accounts lose money
6Eightcap
Rating: 4.3 ⭐
76.09% of retail investor accounts lose money
7eToro
Rating: 4.2 ⭐
51% of retail investor accounts lose money
8FXCM
Rating: 4.2 ⭐
70% of retail investor accounts lose money
9Plus500
Rating: 4.1 ⭐
80% of retail investor accounts lose money
10Axi
Rating: 3.3 ⭐
The vast majority of retail client accounts lose money

Top 10 Brokers for Credit/Debit Card Deposits

  1. Global Prime is a reliable online broker regulated by ASIC and VFSC. The company facilitates trading in over 150 financial instruments, including forex, crypto, commodities, indices, and bonds. Customers will benefit from competitive spreads, low-latency order processing, and round-the-clock support.

    Traders can fund their balance with any amount they feel comfortable with since the brokerage has no requirements on minimum account size. The broker accepts deposits with over 20 secure methods, including Mastercard, Visa, Neteller, Skrill, and PayPal. Global Prime charges no additional fees on credit/debit card deposits.

    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.
  2. City Index is an established broking company with over four decades of experience and 100,000 customers worldwide. The broker operates with licenses issued by first-tier regulators like the FCA and ASIC. Customers of the brokerage can explore over 1,500 markets tradable at ultra-competitive prices via robust platforms like TradingView and MetaTrader 4.

    The broker accepts payments with debit/credit cards, bank transfers, and PayPal, with minimum card deposits of $100 as per City Index recommendation. Card users can transact in five base currencies (USD, GBP, PLN, EUR, CHF) and incur no additional deposit charges.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. FP Markets is a leading CFD provider that has been doing business with customers since 2005. The Sydney-based company attracts new clients with its favorable trading conditions, standout selection of over 10,000 tradable markets, and superior execution speed. The broker has obtained regulatory approval from CySEC, ASIC, FSA, FSCA, and FSCM.

    Registered customers of FP Markets can fund their live balance with over 30 deposit solutions, including Mastercard and Visa-branded cards. Card deposits are free and instant for MetaTrader 4 and MetaTrader 5 accounts. Customers with Iress accounts usually wait up to one business day for card deposits to reflect in their balance.

    Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.23% 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.
  4. Fusion Markets is one of the new kids on the block, as it commenced operations in 2019. Despite its seeming lack of experience, the broker has already won traders over with its ultra-sharp spreads, low commissions, and no hidden fees. The company has received authorization from the financial watchdogs of Australia and Vanuatu.

    Traders at Fusion Markets can explore over 250 financial instruments. The broker has waived the additional fees on deposits conducted with cards and e-wallets. There are no minimum deposit requirements, although Fusion Markets reports most retail customers start with at least $1,500.

    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.
  5. AvaTrade is a world-renowned broking firm empowering customers to trade over 1,250 instruments across all major asset classes. The broker boasts a strong global presence as it has gained regulatory approval in nine jurisdictions, including Canada, Australia, South Africa, Cyprus, and Japan.

    The company offers multiple account types to accommodate fledgling and experienced traders alike. Global clients can conveniently deposit with credit/debit cards, bank wire transfers, and digital wallets. First-time deposits with credit cards may take up to one working day as all new clients undergo obligatory verification.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Established in 2009, Eightcap is a Melbourne-based forex broker and CFD provider offering reasonable trading conditions, competitive spreads, and transparent pricing. It provides a choice from over 800 financial instruments tradable via MT4, MT5, and TradingView. The company has procured licenses from four notable regulators, to wit: ASIC, FCA, SCB, and CySEC.

    Credit and debit cards are viable deposit options for customers from all countries except China and Japan. Eightcap has no additional fees on card deposits and processes them instantly. Card users can transact in seven base currencies, including AUD, EUR, CAD, GBP, and USD.

    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.
  7. If you are looking for a robust copy trading platform, look no further than eToro. The reputable brokerage offers seamless copy trading via a state-of-the-art proprietary platform implemented by over 30 million users worldwide. Registered traders gain access to a whopping 5,000 financial markets tradable at attractive prices.

    Spreads for the most liquid forex pairs start from 1 pip only. Minimum first-time deposits at eToro range from $10 to $10,000, depending on your jurisdiction and its local regulations. Subsequent payments to your live account should be at least $50 to go through.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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. 8. FXCM

    FXCM is an award-winning broker offering tight spreads for forex, stocks, indices, commodities, and cryptocurrencies. The brokerage additionally facilitates trading with stock, crypto, and forex baskets. Security is no reason for concern with this broker as it carries licenses from stringent regulators like CySEC, ASIC, FSCA, and FCA.

    Customers can trade through MT4, TradingView, ZuluTrade, and Trading Station, the broker’s proprietary platform. At FXCM, traders can fund their live accounts via Visa, Mastercard, Google Pay, Skrill, Neteller, bank transfers, and cryptocurrencies. The limits on card deposits range from $50 to $30,000 per calendar month.

    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 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. Plus500 is a multi-regulated broker with licensed subsidiaries in the UK, Estonia, Cyprus, Australia, Singapore, South Africa, and Dubai. The main benefits of trading with this broker include razor-sharp spreads, reliable order processing, and seamless account funding.

    Plus500 boasts a solid lineup of over 2,800 tradable products, including exchange-traded funds and options. The broker is an excellent choice for fledgling and versed traders as it offers comprehensive educational materials and tools for advanced market analysis. Customers with live accounts can bank with cards, digital wallets, and wire transfers.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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.
  10. 10. Axi

    In business since 2007, Axi has grown into a global brokerage whose reach extends to over 60,000 customers from more than 100 countries. The broker serves its multinational client base with CySEC, ASIC, and FMA licenses. Traders choose Axi for its top-tier liquidity, lightning-fast execution, and competitive spreads.

    The trusted broker offers a portfolio of over 220 markets for forex, commodities, shares, stocks, and cryptocurrencies. Axi accepts deposits with Visa, Mastercard, Neteller, and Bank Transfers. Card users can transact in four base currencies (USD, EUR, PLN, GBP), with deposit limits ranging from $5 to $100,000.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. 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 Fund Your Trading Account with Credit/Debit Cards

Funding your live trading account with a credit or debit card is a breeze. To get started, log into your existing account and select the deposit button, usually located at the top left of your screen. You must then choose debit/credit cards from the list of available deposit options and enter the amount you wish to transfer to your live balance.

The cashier system will then prompt you to fill out your card details, including its number, expiry date, CVV code, and cardholder name. After you hit the deposit button, the funds will instantly reflect in your live trading balance. You can only deposit with cards issued in your name.

Is KYC Required to Deposit with Credit/Debit Card?

All licensed brokers follow strict Know Your Customer (KYC) procedures as part of the anti-money laundering (AML) requirements of their financial regulators. Traders must successfully verify their identity, place of residence, and payment method by sending copies of government-issued identity documents, bank statements, or recent utility bills.

The broker will ask you to provide legible color copies of the front and back of your debit or credit card if you have deposited with it. The cardholder’s name, expiry date, and the first and last four digits of the card’s number should be readable. Traders can obscure the eight middle digits of their card numbers. Regulated brokers never return withdrawals to unverified live accounts.

How to Withdraw from Your Trading Account with Credit/Debit Card

The withdrawal process with credit and debit cards is similar to depositing. Traders must log into their live accounts, select the withdrawal option, and specify what amount they wish to pull out from their balance. If you have deposited with a card, you can continue using it for all transactions going forward without entering your card details all over again.

The cashier system will treat the card as your default payment method since all regulated brokers return withdrawals to the originating source of deposits. Withdrawals to credit and debit cards normally require one to three business days to process. Waiting timeframes vary based on the policies of the respective broker and the receiving bank.

Most Popular Credit/Debit Card Issuers

Online brokers commonly accept deposits with popular card brands like Visa, Mastercard, Maestro, and American Express, although cards from other issuers may also be available depending on where you trade. Visa and Mastercard rank among the most widespread options, facilitating seamless transactions to and from your live trading account.

Cards carrying the Discover and Diners Club logos receive limited support but are still accepted at some trading sites. Millions of retail traders worldwide favor credit and debit cards over other payment options thanks to their enhanced security, transaction speed, cost-efficiency, and convenience. Card deposits to live trading accounts are nearly instant and attract no additional fees on most brokers’ side.