PayPal remains a preferred payment solution among online traders, due to its transaction speed, robust security protocols, and ease of use. Its widespread recognition and buyer protection policies make it a trusted choice for many when moving funds online. However, despite its popularity, PayPal is not as universally supported by forex brokers as other options like credit and debit cards or bank transfers.
To assist in identifying regulated platforms that integrate this payment method, the following selection features brokers evaluated across several factors, ranging from tight pricing and reliable order execution to low-cost funding options and professional customer support.
Forex Brokers Accepting PayPal Ranked by Trustpilot Score
| Forex Broker | Trustpilot Reviews | |
|---|---|---|
| 1. FP Markets | 9,422 | 4.9 ⭐ |
| 2. Fusion Markets | 4,873 | 4.8 ⭐ |
| 3. IC Markets | 48,248 | 4.8 ⭐ |
| 4. Global Prime | 341 | 4.7 ⭐ |
| 5. Pepperstone | 3,144 | 4.4 ⭐ |
| 6. City Index | 393 | 4.2 ⭐ |
| 7. eToro | 29,171 | 4.2 ⭐ |
| 8. Tickmill | 1,077 | 4.1 ⭐ |
| 9. IG | 8,324 | 3.9 ⭐ |
| 10. XTB | 1,935 | 3.5 ⭐ |
| 11. FxPro | 751 | 3.2 ⭐ |
Comprehensive Comparison of the Top 10 Forex Brokers Accepting PayPal
| Forex Broker | Min Deposit | Min Withdrawal | Fees | Max Leverage | Trading Platforms | Regulators | Trust Pilot Rating |
|---|---|---|---|---|---|---|---|
| 1. Fusion Markets | $10 | $10 | No fees | 1:30 for ASIC Entity (1:500 for VFSC Entity) | MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView | ASIC, FSA (Seychelles), VFSC (Vanuatu) | 4.8 ⭐ |
| 2. IC Markets | $200 | No minimum | No fees | 1:30 (European and Australian Retail Accounts); 1:500 (Pro); 1:1000 (FSA Clients) | MetaTrader4, MetaTrader5, cTrader, ZuluTrade | FSA (Seychelles), CySEC (Cyprus), ASIC (Australia), SCB (Bahamas), CMA (Kenya) | 4.8 ⭐ |
| 3. Global Prime | $10 | $10 | No fees | 1:30 (Retail)1:500 (Professional) | MT4, MT4 Webtrader, MT4 Android, MT4 iOS; for VFSC clients MT4, MT5 (Desktop, Webtrader, Mobile), and GP Copy | ASIC (No. 385620), VFSC (No. 40256) | 4.7 ⭐ |
| 4. Pepperstone | No minimum | No minimum | No fees | 1:30 (Retail ASIC, CySEC, FCA); 1:500 (Professional); 1:400 (CMA) | MetaTrader 4, MetaTrader 5, cTrader, TradingView | ASIC (No. 414530), UK FCA (No.684312), CySEC (No. 388/20), BaFin (No.151148), DFSA (F004356), CMA (128), SCB Bahamas (SIA-F217), FSA (SD108) | 4.4 ⭐ |
| 5. City Index | $100 | $150 | No fees | 1:30 (Retail, 1:20 for Singapore)1:400 (Professional) | MT4, WebTrader, Trading App, TradingView | FCA (No. 446717), MAS (No. 201130598R), ASIC (No. 345646), HKFSC (BCQ152), JFSA (2010401047199), DFSA (F000542) | 4.2 ⭐ |
| 6. eToro | $1 - $50 (varies in different jurisdictions) | $30 | No fees | 1:30 (FCA, ASIC, CySEC); 1:400 (FSA) | eToro Investing, eToro App, TradingView, eToro CopyTrader, Proprietary | FCA, CySEC, ASIC, MFSA, FSRA, FSA, FINRA/FinCEN, AMF, SEC, GFSC | 4.2 ⭐ |
| 7. Tickmill | $100 | $25 | No fees | 1:30(1:500 for Pro EU Accounts)1:1000 (Non-EU Accounts) | MT4, MT5, WebTrader, ZuluTrade, TradingView | CySEC (No. 278/15), FCA (733772), CONSOB (No.4310), BaFin (No.146511), ACPR (No.75473), CNVM (No.4082), FSA Seychelles (SD 008), FSCA (FSP 49464), DFSA (F007663) | 4.1 ⭐ |
| 8. IG | $0 | $200 | 1% deposit fee | 1:30 (Retail)1:500 (Professional) | MetaTrader4, L2 Dealer, ProRealTime, IG proprietary software, TradingView, | ASIC, FCA, DFSA, CFTC, FMA, FINMA, BaFin, MAS, JFSA, FSCA, BMA (Bermuda) | 3.9 ⭐ |
| 9. XTB | No minimum | No minimum | No fees | 1:30 (Retail)1:200 (Professional) | xStation 5, xStation Mobile | FCA (License No. FRN 522157), CySEC (License No.169/12), FSC (FSC License No.: 000302/438), IFSC (License No.: 000302/35), KNF (N/A), CNMV (N/A), BaFin (registered), FSCA (N/A), FSA Norway (registration ID - FT00118162), DFSA (License No. F006316), CMF (Chile) | 3.5 ⭐ |
| 10. FxPro | $100 | N/A | 2.7% fee on withdrawals made with accounts with no trading activity | 1:30 (Retail)1:500 (Professional) | MetaTrader4, MetaTrader5, cTrader, FxPro Edge (proprietary) | FCA (No. 509956), FSCA (No.45052), SCB (No. SIA-F184), FSA (SD120) | 3.2 ⭐ |
Top 12 Brokers for PayPal Deposits
Launched in 2019, Fusion Markets is a relatively recent entrant to the forex trading market. The broker operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). Clients using a Zero account pay a commission of $2.25 per side ($4.50 per round-trip), per standard lot for forex and precious metals. Standard account holders do not pay commissions due to wider spreads.
Ideal for budget-conscious traders, this broker accepts payments via popular e-wallets like PayPal, Jeton, Neteller, and Skrill. There is no mandatory minimum deposit to open an account, though most clients start with $1,500, according to the broker. PayPal deposits are instant, fee-free, and start from just $10. While not all payment methods are available as withdrawal methods, PayPal is available for both.
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. FP Markets
FP Markets has been around for more than 20 years, operating under the regulation of several financial regulators, including the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of the Seychelles. Given its international reach, FP Markets is available in English, Greek, and 15+ other languages. The selection of forex CFDs is extensive, including EUR/USD, USD/JPY, and EUR/GBP, totaling 70+ pairs. FP Markets offers two main account options: Standard and Raw. The former is characterized by spreads from 1.0 pips, while the latter’s spreads can go as low as 0.0 pips, but there are commissions of $3.0 per side.
The minimum deposit limit for either retail account is $/€/£50, and PayPal is among the deposit methods clients can use to top up their accounts instantly and fee-free. PayPal can also be found on FP Markets’ withdrawal page, with the minimum withdrawal amount for the method set to $/€5 and no fees on behalf of the broker. The support team is available to assist users around the clock, seven days a week. There are various ways to reach out, with live chat as an available option.
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. Pepperstone
Founded in 2010, Pepperstone is a regulated broker, licensed by ASIC, FCA, BaFin, and CySEC. Over 1,400 financial instruments are tradable via the platform, including 93 currency pairs, commodities, indices, and stocks. Traders can connect their live accounts to third-party platforms like cTrader, TradingView, MT5, and MT4. The broker supports two primary retail accounts: Standard accounts with all costs included in the raw spread plus a 1 pip markup, and Raw accounts with raw spreads from 0.0 pips plus commission.
The broker has not specified minimum deposit requirements for both account types. Several funding options are available at Pepperstone, including Mastercard, Visa, PayPal, and both international and domestic bank transfers. PayPal deposits are immediately processed, whereas withdrawals typically take between one and three business days. The broker does not charge any processing fees on all deposits and withdrawals, except for international bank transfers, which incur a fee of $20.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.9% 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. XTB
XTB is a multi-asset brokerage that has been on the market for 20+ years and currently offers over 2,600 CFDs, featuring spreads as low as 1 pip. The broker carries the regulatory licenses of several financial authorities, including the FCA, CySEC, and KNF. Overall, account opening and maintenance are free for all active clients.
PayPal is a viable deposit option for XTB customers registering from the EU. Traders can also fund their accounts with Skrill, Neteller, bank transfers, and debit/credit cards. The brokerage charges no fees on PayPal deposits and has no minimum deposit requirements. E-wallet withdrawals may incur fees of 0.85% in some cases. Withdrawals requested before 10 AM are processed within the same day, whereas withdrawals requested after 10 AM are processed on the next business day. The broker charges a €10 fee on withdrawals below €100.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. IC Markets
IC Markets has been providing trading services to retail customers since 2007, with authorization from several regulators, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). The broker offers a portfolio of over 2,250 tradable CFDs across all major asset classes, including 61 currency pairs and over 2,100 stocks. The brokerage is suitable for customers of variable experience levels, including scalpers and algorithmic traders.
Low-volume forex traders can open positions as small as one micro lot (0.01), with spreads from zero pips for highly liquid currency pairs. IC Markets clients can conveniently fund their trading activities with e-wallets like PayPal, Skrill, and Neteller. E-wallet deposits are instant and available in multiple base currencies, including EUR, USD, GBP, AUD, CAD, NZD, and JPY. Apart from digital wallets, traders can use cards and wire transfers for account funding. Broker-to-broker transfers are also possible. Withdrawals are requested from the Secure Client Area, after which they are processed for 24 hours. The funds take between 2 and 5 days to reach customers’ bank accounts.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.64% 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. eToro
Launched in 2007, eToro ranks among the most popular copy trading platforms in the industry. Over the years, more than 40 million customers have chosen this broker. Through the CopyTrader platform, they can automatically replicate the positions of other investors, although past performance of copied traders does not guarantee future results. The broker operates globally through multiple subsidiaries licensed in Australia, Cyprus, the Seychelles, Abu Dhabi, and the US. At eToro, traders can invest in over 7,000 financial instruments, including over 140 crypto assets, major stocks, forex, commodities, and indices.
The broker implements security practices for customer protection and facilitates instant PayPal deposits of up to $10,000 per transaction. The method is supported for withdrawals, too. USD, GBP, EUR, and AUD are among the supported account currencies. The method’s availability varies across countries, with the full list of supported jurisdictions available under eToro’s FAQ section. The minimum deposit requirement of the broker is $50 in most jurisdictions, but it may be higher or lower depending on your country of residence.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50% 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. Global Prime
With over a decade of industry experience, Global Prime has been operating with licenses issued by the financial regulators in Vanuatu and Australia. The broker offers over 150 tradable instruments across forex, crypto, indices, commodities, and US stocks. Global Prime is a non-dealing desk broker with execution speeds of under ten milliseconds. Supported trading platforms include MT5 and MT4. Customers can pick between the Standard spread-based account and the Raw commission-based account, depending on their preferences and trading frequency. Demo trading is supported too.
Traders with live accounts can fund their balance via cards, bank transfers, cryptocurrencies, and six e-wallets, including PayPal. With the popular e-wallet, deposits start at just $10, with no fees and instant processing. Withdrawals, too, start from $10 and incur no fees. The broker enables PayPal deposits and withdrawals in five base currencies, namely USD, AUD, GBP, EUR, and SGD.
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. - 8. City Index
City Index is a subsidiary of the StoneX Group, an established company listed on the Nasdaq stock exchange. The broker provides trading in over 13,500 financial markets, with an average execution time of 0.002 seconds. Investing in physical precious metals like platinum, gold, and silver is an option for customers seeking portfolio diversification. City Index supports two main retail account types: Standard and MT4. The first one offers variable spreads from 0.8 pts, with no commission charged on trades. The second one offers variable spreads starting from 0.5 pts with no commissions, except on stock markets.
The FCA-licensed broker accepts deposits with debit, credit cards, and bank transfers. While PayPal is no longer among the supported methods as of December 2024, customers can withdraw funds to their PayPal accounts. Cashouts are capped at £20,000 per transaction, or up to the amount deposited via the e-wallet, whichever is less. The minimum withdrawal is limited to £100 or currency equivalent.
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. - 9. IG
Established in 1974, IG is a regulated brokerage firm maintaining licenses from several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Commodity Futures Trading Commission (CFTC) in the US. The broker provides access to over 17,000 tradable markets through several platforms, including ProRealTime and MetaTrader 4. Beyond CFDs, IG facilitates trades with vanilla and barrier options, spread betting, and turbos.
Deposits are possible with debit/credit cards, bank transfers, FPS, PayPal, and BPay. Payment method availability varies based on the customers’ country of access. The supported currencies for deposits via PayPal include AUD, USD, HKD, GBP, and EUR.
CFDs are complex instruments. 67% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. - 10. FxPro
Launched in 2006, FxPro holds licenses from financial regulators like the FCA, CySEC, and SCB. Over the years, the broker’s client base has reached more than 17.2 million client accounts from 173 countries. Nearly 2,100 assets are available for trading across several asset classes, including forex, metals, crypto, indices, shares, energy, and ETFs. The range of platforms includes the proprietary platform of the broker, TradingView, MT4, MT5, and cTrader.
PayPal deposits take approximately ten minutes at FxPro, with a minimum starting amount of $100. Withdrawals have no minimum thresholds, while maximums are capped at $10,000. The accepted currencies via PayPal transactions are: EUR, USD, GBP, CHF, JPY, PLN, and AUD. A fee of 2.7% applies to withdrawals if a request is made without having traded.
Trade Responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. Plus500
Launched in 2008, Plus500 is a multi-regulated CFD broker, holding licenses from the financial authorities in the UK, Cyprus, Seychelles, Australia, and more. The company provides access to over 2,800 tradable markets across forex, commodities, crypto, indices, and stocks. Plus500 utilizes a commission-free pricing model, where all costs are factored into the spread.
The broker enables transactions through PayPal. Traders must navigate to the deposit section, pick PayPal, and specify the amount they wish to transfer. Plus500 deposits and withdrawals are fee-free. As per the broker’s payment policy, customers must use, wherever possible, the same method for their deposits and withdrawals. However, traders should note that the method’s availability may vary based on their country of residence and specific regulations. Alternatively, they can deposit with Skrill, Mastercard, Visa, and bank transfers.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. - 12. ActivTrades
ActivTrades is a multi-licensed broker that specializes in providing CFD trading in over 1,100 markets, ranging from forex, commodities, and stocks to more complex asset classes like bonds and ETFs. The broker offers a commission-free individual account with no threshold on minimum deposits.
Customers can top up their live balance with cards, bank transfers, and several e-wallets, including PayPal, Neteller, and Skrill. However, only clients of the EU-licensed division can use PayPal for deposits. Funding your account with PayPal is free of charge, but there is a 0.5% conversion fee for depositing in currencies different from your base account currency. PayPal deposits go through within no more than 30 minutes. The method is available for withdrawals as well. Traders can expect to receive their money within the same business day.
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.
How to Fund Your Trading Account with PayPal?
PayPal facilitates nearly instant deposits to online trading accounts and usually attracts no extra fees on the brokers’ behalf. To deposit with this e-wallet, traders must have active PayPal accounts with a sufficient balance. New PayPal users can transfer funds to their PayPal balance by linking their bank accounts or debit/credit cards to the e-wallet.
PayPal users can add funds to their live trading balance in a few simple steps. Assuming you have registered already, you must log in to your trading account and click the deposit button to access the cashier. Then select PayPal as your desired payment method and specify your preferred deposit amount.
The cashier will redirect you to PayPal’s login page, where you enter your PayPal credentials (email/mobile number and password) to access your e-wallet account. Since PayPal offers its customers additional protection by activating biometrics, those who use their smart devices to verify their PayPal transactions may be asked to scan their fingerprints or use the Face ID feature of their mobile devices. Authentication via biometrics is a supported feature in the PayPal app and the in-browser mobile version of the e-wallet. Additionally, users of the digital wallet can activate two-factor authentication (2FA) via a one-time password (OTP) received via SMS every time they initiate a PayPal payment. The funds will appear in the trading balance shortly after they review and approve the transaction.
While PayPal deposits are generally processed instantly, withdrawal times can vary depending on the broker’s processing policies and your linked bank or card provider. Traders should also confirm that their chosen broker supports PayPal withdrawals, as some may restrict this option for security or regulatory reasons.
Is KYC Required to Use PayPal at Online Brokers?
Traders transacting with PayPal must undergo obligatory account verification either before depositing or withdrawing for the first time. This verification process is a standard KYC (Know Your Customer) procedure that aims to confirm your identity, permanent residential address, and source of funds, ensuring compliance with anti-money laundering (AML) regulations.
To this end, each trader must upload clear colored copies of a government-issued identification document (preferably a passport or ID card) along with proof of address such as a utility bill or bank statement. Customers must also confirm they are the rightful owners of the PayPal accounts from which they deposit.
Most brokers usually require no more than one business day to verify new customer accounts if all documents are legible and in order. Keep in mind you must also verify your PayPal account by connecting to your bank account or card. Users without bank accounts can complete their PayPal verification by submitting proof-of-identity documents.
How to Withdraw from Your Trading Account with PayPal?
Most forex brokers working with PayPal accept the e-wallet for deposits as well as for withdrawals. However, withdrawing with PayPal is only an option for customers who have used the e-wallet to fund their balance. Licensed online brokers always return withdrawals to the originating sources of funds, a regulatory requirement aiming to prevent fraud, money laundering, and terrorist financing.
Withdrawing with PayPal involves roughly the same steps as depositing. You log in to your trading account, select the withdrawal option, and enter the amount you wish to withdraw. Follow the on-screen prompts to complete your withdrawal request. Unlike deposits, withdrawals to PayPal accounts are not instant. Most brokers require one to two business days to release the funds from your available trading balance.
Popular E-Wallet Alternatives to PayPal
Many brokers featured in this article accept deposits with alternative digital wallets functioning similarly to PayPal. Skrill and Neteller are the two most popular wallets in the digital money space and as such, are broadly accepted by online brokerages with a solid global presence. Both facilitate instant fee-free deposits and swift withdrawals in multiple base currencies, including EUR, USD, CAD, GBP, and AUD.
Skrill and Neteller enable traders to transact efficiently while benefiting from encryption and fraud protection measures for their financial information. The other viable options for traders looking to deposit with e-wallets include Jeton and Fasapay. On the downside, these alternative wallets have more limited availability, especially when compared to PayPal.
| How PayPal Measures Against Other Wallets Supported by Forex Brokers | ||||||
|---|---|---|---|---|---|---|
| PayPal | Skrill | Neteller | Jeton | Fasapay | ||
| Supported Countries | 200+ countries/regions | 116 | 100 | 200+ countries/regions | 200+ countries/regions | |
| Supported Currencies | 25 | 48 | 42 | 50 | 2 (USD, IDR) | |
| Wallet Funding Options | Bank transfer, debit/credit card | Rapid transfer, bank transfer, credit/debit card, Paysafecard | Bank transfer, credit/debit card, Klarna, Paysafecard, Paysafecash, Trustly, Pix, and more | 70+ (bank transfer, cryptocurrency, credit/debit card, Interac, Flexepin, CashtoCode, and more) | Bank transfer | |
| Transaction Limits | $0.01 – $60,000 per transfer | $3,000 to unlimited for verified accounts | Up to $50,000 depending on account status | Varies based on country | $0.10 – $5,000 per transaction | |
| Wallet Funding Fees | $1.95 / €1.50 to link card | 0% for the US; 0% – 5% for the UK and Europe | 0% – 2.5% | Varies based on country and funding method | Free | |
| Currency Conversion Fees | 2.5% – 3.5% | 3.99% | 3.99% | 3.95% | None on Fasapay’s side | |
| Security Features | 24/7 transaction monitoring, SSL, 2FA, biometric authentication, passcode | SSL, 2FA, biometric authentication, PIN, passcode | SSL, 2FA, biometric authentication | SSL, 2FA, biometric authentication | SSL, Master Code, PIN on Transaction | |
| Mobile Compatibility | Android 7.0 and up; iOS 15.0 and up | Android 7.0; iOS 14.0 | Android 7.0; iOS 14.0 | Android 5.0; iOS 15.1 | Browser access only | |
| Deposit Timeframe | Instant | Instant | Instant | Instant | Instant | |
| Withdrawal Timeframe | Up to 24 hours | Up to 24 hours | Up to 24 hours | Up to 24 hours | Up to 24 hours | |
| Trading Transaction Fees | Free | Free | Free | Free | Free | |












