| Updated: August 21, 2025Prepaid cards are a universally favored method for online payments, including for replenishing the balance of forex trading accounts. Their popularity stems from the convenience they offer, enabling users to control spending without linking directly to bank accounts, while also enhancing security by limiting exposure to fraud.
There is a good deal of online brokers supporting this payment method. Below, we have singled out the top 11 regulated forex brokers where you can deposit via prepaid cards, ensuring a safe and seamless funding experience.
Fusion Markets74-89% of retail's CFD accounts lose money
FP Markets73.85% of retail investor accounts lose money
Eightcap59.57% of retail investor accounts lose money when trading CFDs with this provider.
BlackBull MarketsTrading leveraged products is risky
Global Prime74-89% of retail CFD accounts lose money
Pepperstone75.5% of retail investor accounts lose money
AxiThe vast majority of retail client accounts lose money
FxPro74% of retail investor accounts lose money
Libertex82% of retail investor accounts lose money
ActivTrades75% of retail investor accounts lose moneyTop 10 Prepaid Card Brokers Ranked by Trustpilot Score
| Forex Broker | Trustpilot Reviews | |
|---|---|---|
| 1. FP Markets | 8,641 | 4.9 ⭐ |
| 2. Fusion Markets | 3,162 | 4.7 ⭐ |
| 3. AvaTrade | 10,141 | 4.7 ⭐ |
| 4. Global Prime | 247 | 4.6 ⭐ |
| 5. Pepperstone | 3,022 | 4.4 ⭐ |
| 6. Tickmill | 1,076 | 4.2 ⭐ |
| 7. Eightcap | 3,052 | 4.2 ⭐ |
| 8. XTB | 1,949 | 4.0 ⭐ |
| 9. Libertex | 9,533 | 3.9 ⭐ |
| 10. Swissquote | 3026 | 3.4 ⭐ |
Comprehensive Comparison of the Top 10 Forex Brokers Accepting Prepaid Cards
| Forex Broker | Min Deposit | Min Withdrawal | Fees | Max Leverage | Trading Platforms | Regulators | Trust Pilot Rating |
|---|---|---|---|---|---|---|---|
| 1. FP Markets | $50 | - | No fees | 1:30 (Retail)1:500 (Professional) | MetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingView | ASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines), SCB (Bahamas) | 4.9 ⭐ |
| 2. Fusion Markets | $10 | N/A | 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) | 4.7 ⭐ |
| 3. AvaTrade | $100 | - | No fees | 1:30 (1:400 for Pro and Non-EU Accounts) | MetaTrader4, MetaTrader5, WebTrader, AvaTade App, AvaSocial, AvaOptions, DupliTrade | FFAJ (License No.1574), CySEC (No. 347/17), ISA (No. 514666577), IIROC, ADGM / FSRA (No.190018), CBI (No.C53877), BVIFSC (No. SIBA/L/13/1049), FSCA(No.45984), ASIC (No.406684), JFSA (No. 1662) | 4.7 ⭐ |
| 4. Global Prime | $10 | - | No fees | 1:30 (Retail)1:500 (Professional) | MT4, MT4 Webtrader, MT4 Android; for VFSC clients MT4, MT5, and GP Copy | ASIC (No. 385620), VFSC (No. 40256) | 4.6 ⭐ |
| 5. Pepperstone | 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 ⭐ |
| 6. Tickmill | $100 | - | 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) | 4.2 ⭐ |
| 7. Eightcap | $100 | - | No fees | 1:30 (ASIC, CySEC)1:500 (FSA) | MetaTrader4, MetaTrader5, WebTrader, TradingView, Capitalise.ai, FlashTrader | SCB (No. SIA-F220), ASIC (No.391441), CySEC (No. 246/14), FCA (No. 921296), SCA | 4.2 ⭐ |
| 8. XTB | 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.: 000302/46.), KNF (N/A), CNMV (N/A), BaFin (registered), FSCA (N/A), FSA Norway (registration ID - FT00118162), DFSA (License No. F006316), CMF (Chile) | 4.0 ⭐ |
| 9. Libertex | $10 | - | $1 on withdrawals | 1:30 (EU)1:1000 (Non-EU) | Libretex Trading Platform, MT4, MT5 | CySEC (CIF Licence number 164/12), BaFin (BaFin ID: 10161686 / Bak No.: 161686), SVGFSA (No. 1278), FSCM | 3.9 ⭐ |
| 10. Swissquote | $1,000 | - | No fees | 1:30 (Europe), 1:100 (International), 1:50 (Middle East), 1:20 (Singapore) | CFXD, MetaTrader 4, MetaTrader5 | FCA (562170), DFSA (F001438), SFC (AZV127), MFSA (C 57936), CySEC (422/22), MAS (226182), CSSF, FSCA | 3.4 ⭐ |
Top 11 Brokers Accepting Prepaid Cards
Fusion Markets is a premier Forex and CFD broker, boasting spreads from 0 pips, a maximum allowable leverage of 1:500 for professional traders and non-Aussie customers, and robust regulation from the ASIC, FSAS, and VFSC. The brand offers a convenient Spreads tool, enabling traders to check out live and historical spreads of all supported trading instruments.
Fusion Markets strives to achieve excellence in every single aspect of its customers’ experience, including the implementation of various payment methods such as bank cards, cryptocurrencies, bank wires, and more. Visa and Mastercard-branded prepaid cards are accepted, with traders having to provide the unique code of their card to complete the transaction.
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
Founded in 2005 by a team of trading experts, FP Markets has grown into one of the largest and most reputable brokers on the global trading scene. The company operates under the regulatory control of the CySEC, FSCA, and ASIC, adhering to strict financial standards. FP Markets supports a wide spectrum of tradable instruments, including CFDs on 70 currency pairs, 650+ stocks, commodities, cryptocurrencies, and indices, among others. Over 200 exchange-traded funds (ETFs) are also available for trading.
Deposits and withdrawals will be none of your worries, with plenty of options to choose from, such as cards by Visa and Mastercard, e-wallet services by Skrill, Neteller, and PayPal, and bank transfers.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.92% 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. Eightcap
Eightcap was founded in 2009, with its head office based in Melbourne, Australia, and five offices across the globe. The broker has aligned its practices with the guidelines of several prominent financial authorities, including the FCA and CySEC. Eightcap has set a minimum deposit of $100 and offers 800+ financial instruments tradable via CFDs.
Customers of the broker can easily find a method that best 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 (intended for customers with Canadian bank accounts). In terms of supported trading platforms, the brand offers TradingView, MT4, and MT5.
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. - 4. Pepperstone
Established in 2007 in Australia, Pepperstone has expanded over the years, turning into a global provider with over 750,000 registered customers worldwide. The broker is authorized by multiple financial regulators, with some of them being the ASIC, CySEC, BaFin, DFSA, and FCA. Traders have access to more than 1,400 financial instruments across several asset classes, such as forex, indices, commodities, and stocks.
To add or withdraw funds to their trading accounts, Pepperstone customers have a choice among a good range of processors, with some of the top methods being bank cards and supported prepaid products, PayPal, and bank wires. Transfers to and from trading accounts are cost-free.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.5% 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. Global Prime
Global Prime is a top-rated broker, offering competitive spreads, no minimum account requirements, 150+ global financial instruments, and 24/7 customer support. The brand is licensed and regulated by the ASIC and the VFSC and keeps customers’ funds securely in segregated accounts. While the ASIC entity provides negative balance protection to retail customers trading on margin, the VFSC entity does not extend the same safeguard, leaving traders potentially liable for losses that exceed their account balance.
There are no fees for deposits via bank cards and supported prepaid cards. Customers can choose to fund their accounts with more than 20 other instant and secure methods, including PayPal, Skrill, Neteller, MiFinity, AstroPay, and more. Funding your live balance with cryptocurrencies is another option. Most deposit methods require a minimum of $10. The same applies to withdrawals, except for bank wire transfers that require a minimum of $30.
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. BlackBull Markets is a reputable broker that operates under the regulatory guidance of authorities like the FMA (New Zealand) and the FSA (Seychelles). It caters to a wide range of traders, offering three distinct account types for live trading, including ECN Standard, Prime, and Institutional. Among markets like forex, commodities, equities, indices, cryptocurrencies, and more, traders can discover more than 26,000 tradable assets. The best part is that traders will have access to various innovative and well-established trading platforms for their trades.
As for the funding part of the experience, traders can choose from a selection of payment options, including cards by Visa and Mastercard, bank transfers, e-wallets, and more. Prepaid cards by major card issuers may also be among the options available to some customers, so it is worth checking with the support team.
- 7. Tickmill
Founded in 2014, Tickmill offers exceptional trading conditions on Classic and Raw accounts alike, with minimum starting deposit requirements of $100 and maximum leverage for retail traders of 1:30. The brand operates globally across more than 180 countries, with 150 milliseconds average execution speeds and over $140 billion in average monthly trading volume.
Visa and Mastercard deposits and withdrawals incur no additional fees on behalf of the broker. Deposits are instant, and withdrawals take one business day. Beyond the prepaid payment solutions offered by brands such as Mastercard and Visa, Tickmill supports other trustworthy processors, including e-wallets by Skrill, Neteller, PayPal, and Trustly.
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. - 8. AvaTrade
AvaTrade is an award-winning broker, regulated by 9 different financial authorities, including the CySEC, ASIC, FFAJ, and FSCA. The company has implemented several advanced trading platforms, including WebTrader, MT4, MT5, DupliTrade, and the proprietary AvaOptions to help traders and investors never miss out on favorable opportunities. AvaTrade offers tight spreads, up to 1:30 leverage, no commissions, and instant order execution across various asset classes such as forex, stocks, commodities, cryptocurrencies, and more.
The broker supports payments via bank cards and prepaid vouchers, e-wallets, PayPal, and bank wire transfers. Using prepaid cards at AvaTrade is a convenient and secure option for traders who prefer to manage their trading funds independently of their bank accounts, allowing for controlled spending and added privacy during transactions.
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. - 9. Libertex
As part of the prominent Libertex Group, Libertex is an online broker offering CFDs on 300+ underlying assets, including forex, ETFs, commodities, cryptocurrencies, bonds, options, and more. The Libertex trading platform is regulated and supervised by the CySEC, under license number 164/12.
Besides the widely popular bank cards and prepaid cards, the brand supports other payment processors such as PayPal, Trustly, Skrill, and Giropay. As far as the available trading platforms are concerned, the broker offers MT4, MT5, and its own award-winning Libertex platform.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% 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. Swissquote
Swissquote is yet another trustworthy brokerage, renowned for its commitment to security and top-quality educational resources. It is perfectly suited for traders looking for diverse trading instruments and reliable research tools. To open their accounts at Swissquote, traders need to choose a suitable account type, provide an ID document for verification, and add funds.
Customers of the brand can pick between several account types supported in multiple currencies, but the available options vary based on country. Swissquote facilitates trading across various asset classes, including forex, stocks, ETFs, bonds, indices, and cryptocurrencies. The maximum leverage for European retail traders is capped at 1:20. Swissquote supports card payments and bank transfers as the main payment methods, with 20+ account 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. ActivTrades
Those who join ActivTrades will have the opportunity to trade a myriad of financial instruments, gaining exposure to markets like Forex, commodities, shares, indices, bonds, ETFs, and cryptocurrencies. If you are ready to start your trading journey at ActivTrades with a live account, you should head to the Deposit page and top up your balance.
Most of ActivTrades’ entities do not impose any initial deposit requirements, allowing traders to start their experience with very reasonable amounts. Visa and Mastercard-branded cards are accepted as both deposit and withdrawal options, with some traders even having the option to use prepaid cards by the same card issuers for their ActivTrades deposits.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.
| Prepaid Cards Overview | |
|---|---|
| Country Availability | Worldwide |
| Supported Currencies | All domestic currencies |
| Widely Accepted Prepaid Card Brands | Visa, Mastercard, Maestro, American Express, JCB |
| Deposit Timeframe | Instant |
| Withdrawal Timeframe | N/A |
| Minimum Deposit | $10 to $100 at most brokers |
| Minimum Withdrawal | N/A |
| Trading Transaction Fees | Free deposits |
How to Deposit with Prepaid Card?
When depositing with a prepaid card to a forex broker, traders should first ensure that the broker accepts prepaid cards as a funding option. After logging into their trading account and navigating to the ‘Deposit’ section, they must choose the prepaid card method, commonly Visa or MasterCard.
Some brokers also accept Paysafecard vouchers, where traders input the 16-digit code to authorize the payment. Using prepaid cards for forex deposits offers a fast, secure, and convenient method to fund trading accounts while maintaining control over spending.
Deposits are usually processed instantly, enabling immediate trading access, but withdrawal back to a prepaid card is often restricted. In such cases, traders may need to use alternative methods like bank transfers to cash out. It is also advisable to check whether the broker charges additional fees for prepaid card deposits, as some may impose processing costs or set minimum and maximum limits per transaction.
Is KYC Required to Deposit by Prepaid Card?
Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are fundamental aspects of trading with safe and reliable Forex brokers. Providers of Forex trading services must comply with global standards for security, ensuring their customers are not involved in fraud. They follow strict KYC procedures that usually require customers to provide ID documents, proof of address like a recent utility bill, and, in some cases, source of funds.
Some brokers may require customers to take selfies holding their identification documents to ensure their photo and personal information coincide. Also, it is becoming increasingly common for online forex brokers to sometimes require video verification as part of their KYC and AML compliance procedures.
Additionally, KYC requirements typically apply regardless of the chosen deposit method, including prepaid cards. This means traders depositing with prepaid cards will usually need to complete the KYC process before their funds are credited to ensure compliance with regulatory standards. Completing KYC helps protect both the broker and the trader by preventing identity theft, money laundering, and fraudulent activities.
How to Withdraw Using Prepaid Cards?
Unfortunately, prepaid card processors generally do not support withdrawals from online merchants, including brokers. Prepaid vouchers are primarily designed for processing small online purchases, so moving funds in the opposite direction is typically not possible. As a result, traders must pick an alternative banking solution to accomplish their withdrawals.
Bank transfers, usually, are a viable alternative, with transaction processing times varying between one and five working days. Traders should check their broker’s withdrawal options and policies to select the most convenient and cost-effective method for receiving their funds.
Most Popular Prepaid Card Issuers
Prepaid cards are globally available and can be obtained in-store, online, or at a particular company branch. They are a relatively simple way to pay for products and services online, without having to open a bank account or own a credit card. Prepaid cards are a great solution for traders to manage their funds and stay within budget.
Some of the most popular brands known for issuing prepaid card solutions are Visa, Mastercard, and American Express. PayPal also offers its PayPal Prepaid Mastercard®. Last but not least, Paysafecard is yet another globally established provider of prepaid solutions, implemented by multiple trustworthy trading brokers.
Below you can find some alternatives of Prepaid cards that you may use
- Paypal Forex Brokers
- Debit and Credit Cards Forex Brokers
- Visa Forex Brokers
- Crypto Forex Brokers
- Bitcoin Forex Brokers
- Wire transfer Forex Brokers