Mastercard Forex Brokers

Mastercard Is One Of The Most Widely Used Payment Methods Among Traders And Brokers. Investors Who Own Debit/credit Cards Or Prepaid Cards With The Mastercard Logo Can Enjoy Quick Deposits Into Their Trading Accounts, As Well As ‘priceless’ Benefits. Traders Are Also Protected By Securecode And Login Security Features, As Well As Chargeback Rights.

The Best Mastercard Forex Brokers in 2022 List

Here’s a list and short descriptions of our best Mastercard forex brokers according to our research.

  1. IG – Overall Best Neteller Forex Broker
  2. OctaFx – Best Prepaid Mastercard Overall
  3. TMGM – Best Multi-Currency Solution
  4. Swissquote – Best Mastercard For European Traders
  5. Alpari – Best Mastercard For Travelers
  6. Pepperstone – Best For Occasional Use
  7. IC Markets – Best Versatile Mastercard
  8. Capital.com – Best Overall, Best For Range Of Offerings
  9. EasyMarkets – Best Forex Broker For Beginners
  10. Go Markets – Best Forex Broker For Advanced Traders

1. IG – Overall Best Neteller Forex Broker

IG Group (IG), Founded In 1974 By Stuart Wheeler As The World’s First Spread Betting Firm, Is Part Of Ig Group Holdings Plc, A Publicly Traded (LSE: IGG) Conglomerate. Unlike Most Brokers On This List, Ig Does Accept U.S. Forex Traders, Which Has Been The Case Since Early 2019 When The Company Re-entered The U.S. Market.

IG Mastercard Forex Broker

In Our Analysis Of 23 International Regulators Across 39 Of The Best Forex Brokers, IG Is Considered Low-risk, With An Overall Trust Score Of 99 Out Of 99.

IG Mastercard

Globally, IG Is For Anyone Wanting To Trade CFDs. In The U.S., It’s For Clients Who Want To Trade The Foreign Exchange Markets. It’s As Simple As That. To Deliver On This Successfully, IG Has Adopted The Time-honored Adage, “go Big Or Go Home” Because It Can. Low Spread Costs, An Emphasis On Customer Service And Education, Actionable Research, And Functional User Interfaces Make This Broker Well-suited To Compete In The Online Forex Broker Market.

Forex Pairs80 forex pairs
Max Leverage1:50 leverage
Pricing
Inactivity Fee Of $12 Per Month
Spread for USD/EUR0.1 Pips
Mastercard Deposit FeeNone
Trading Platforms
MT4, ProRealTime, L2 Dealer

2. OctaFx – Best Prepaid Mastercard Overall

The Company's OctaFX.com Site Is Regulated By The Financial Authorities Of That Nation. The OctaFX.eu Site Is Regulated By CySec. Unlike Some Trading Platforms That Severely Restrict Foreign Nationals From Using Their Services, OctaFX Is Open To Citizens Of Over 180 Countries.

OctaFX Is Considered High-Risk, With An Overall Trust Score Of 67 Out Of 99. OctaFX Is Not Publicly Traded And Does Not Operate A Bank. OctaFX Is Authorised By Zero Tier-1 Regulators (High Trust), One Tier-2 Regulator (Average Trust), And Zero Tier-3 Regulators (Low Trust).

OctaFx Mastercard

The OctaFX Broker Has Been Providing Forex Services Since 2011. It Operates Under The CySEC License And Provides Favorable Conditions For Forex Traders. At The Moment, OctaFX Has Been Chosen By More Than 6.6 Million Clients Worldwide As An Intermediary To The Financial Markets, But The Broker Is Focused On The Countries Of The Asia-Pacific Region.

Forex Pairs35 currency pairs
Max Leverage1:500 leverage
Pricing10,000 USD
Spread for USD/EUR0.6 Pips
Mastercard Deposit FeeNone
Trading Platforms
Metatrader 4, Metatrader 5

3. TMGM – Best Multi-Currency Solution

TMGM Stands Out For Its Impressive Education Toolset, Though It Still Trails Behind The Best Brokers In Most Categories. TMGM Offers A Small Range Of Markets Via The MetaTrader 4 (MT4) Platform. While Primarily A MetaTrader Broker, It Also Offers The More Exclusive IRESS Platform – Though The Platform-specific Requirements Will Limit Who Can Use It.

TMGM Is Considered Average-risk, With An Overall Trust Score Of 79 Out Of 99. TMGM Is Not Publicly Traded And Does Not Operate A Bank.

TMGM Is Authorised By Two Tier-1 Regulators (high Trust), Zero Tier-2 Regulators (average Trust), And One Tier-3 Regulator (low Trust). TMGM Is Authorised By The Following Tier-1 Regulators: The Australian Securities & Investment Commission (ASIC) And The Financial Markets Authority (FMA) – New Zealand. Learn More About Trust Score.

Forex Pairs7 Forex Pairs
Max Leverage1:500 leverage
Pricing
Edge Account: $3.50 Commission Per Lot Per Trade Plus Spread Cost
Spread for USD/EUR0.0 Pips
Mastercard Deposit FeeNone
Trading PlatformsMetatrader 4, IRESS

4. Swissquote – Best Mastercard For European Traders

Swissquote Group Was Founded In Switzerland In 1996, And It Has Since Established Itself As One Of The Most Highly Trusted And Well-known Brokers In The World. The Company Has Earned A Coveted Listing On The Swiss Stock Exchange (SIX:SQN) And Over 330,000 Client Accounts Across Europe, Asia, The Middle East, And Latin America.

They’re Also Some Of The Most Successful And Can Take Advantage Of Advanced Charting Tools, A Wide Range Of Base Currencies On Forex, And CFDs On Stock Indices, Commodities And Bonds, And More Inside The MT4 Or MT5.

Swissquote Mastercard

Swissquote’s Range Of Services Can Be Suitably Recommended For Nearly Any Trader, Regardless Of Experience Level. Traders Are Able To Support Complex Trading Strategies In Riskier Trading Conditions If They Like, But Also Stay In The Shallow End With Expert Advisors, Low Leverage, And Basic Trading Tutorial Videos In Regular Markets Such As Forex Or Shares.

Forex Pairs78 Forex Pairs
Max Leverage1:100 leverage
Pricing
Start trading from CHF 1.50 and EUR 1.00
Spread for USD/EUR0.8 Pips
Mastercard Deposit FeeNone
Trading Platforms
Advance Trader, Metatrader 4, Metatrader 5

Best Mastercard Forex Brokers Compared​

Below is a table summary to help you compare the best Mastercard Forex Brokers.

Forex BrokersForex PairsMax LeveragePricingSpread for EUR/USDMastercard Deposit FeeTrading Platforms
IG80 forex pairs1:50 leverageInactivity Fee Of $12 Per Month0.1 PipsNoneMT4, ProRealTime, L2 Dealer
Octafx35 currency pairs1:500 leverage10,000 USD0.6 PipsNoneMetatrader 4, Metatrader 5
TMGM7 Forex Pairs1:500 leverageEdge Account: $3.50 Commission Per Lot Per Trade Plus Spread Cost0.0 PipsNoneMetatrader 4, IRESS
Swissquote78 Forex Pairs1:100 leverageStart trading from CHF 1.50 and EUR 1.000.8 PipsNoneAdvance Trader, Metatrader 4, Metatrader 5
BlackBull Markets27 pairs1:500 leverage$6 per lot for ECN Prime account, 0% commission for Standard accountFrom 0.1 pips for ECN Prime account;From 0.8 pips for Standard accountNoneTradingView, MT4, MT5, Webtrader
PepperstoneOver 60 pairs1:200 for retail clients$3.5 per lot for raw accounts, 0% for standard accountFrom 0 pipsNoneTradingView, cTrader, MT4, MT5
IC MarketsOver 61 pairsUp to 1:500 leverage$3.5 per lot per side for Raw Spread account, 0% commission for Standard accountFrom 0 pips for Raw Spread account;From 0.6 pips for Standard accountNoneWebTrader, MT4, MT5, cTrader. ZuluTrade
BlackBull Markets27 pairs1:500 leverage$6 per lot for ECN Prime account, 0% commission for Standard accountFrom 0.1 pips for ECN Prime account;From 0.8 pips for Standard accountNoneTradingView, MT4, MT5, Webtrader
Easymarkets62 pairs01:30-0.3 pipsNoneMobile Apps,TradingView,MetaTrader4 And MetaTrader5
AvaTrade55 pairs1:400 for retail accounts0% commission0.9 pipsNoneProprietary App, MT4, MT5, WebTrader

What is Mastercard?

Mastercard Is A Multinational Financial Services Corporation, With A History Dating Back To 1966 When It Was Established In The Us. The Firm Has Traded Publicly Since 2006, With Shares Listed On The NYSE Stock Exchange. In 2020, The Corporation Purchased Nets, A European Fintech Company Specializing In Account-to-account Payments.

The Company Is Based In The Mastercard International Global Headquarters In New York, But Its Operations Center Is Located In Missouri. Mastercard Is Currently Led By CEO, Michael Miebach.

Withdrawals Can Be Made In A Variety Of Ways And Vary In Fees. Some Of The Options Include:
• Visa
• Credit Card

What Is Mastercard

Benefits of Using a Mastercard Forex Broker

Mastercard Forex Broker

Quick and Secure Fund Transfers

Mastercard Is One Of The Safest Ways To Pay Online. The Company Uses Securecode (3D Secure Registration) Which Provides An Additional Layer Of Security To The Account Holder And Helps To Reduce Fraud. Most Trading Platforms Also Employ Various Payment Protocols.

Security When Trading Forex With Mastercard

The Security Of Your Funds And Sensitive Information Should Always Be A Top Priority Of Yours. There Is A Lot Of Room For Them To Be Misused On The Internet And You Should Also Look To Protect Them. Luckily, There Are Ways To Achieve This Without Much Hassle.

For Starters, All Legitimate Broker Platforms Employ Some Form Of Encryption To Prevent Outside Individuals From Gaining Access To Your Information. This Enciphers All Data That You Send To The Broker, Including Your Personal Information And Your Credit Card Details. As A Result, Any Potential Wrongdoer Will Not Be Able To Gain Any Benefit At All.

Fees And Limits

Becoming A Victim Of Online Fraud Cannot Be Avoided Completely And Hence A Chargeback Confirmation Is Required. It Is Important The Users Receive Back Any Lost Money.

The Banks Handle Chargebacks After Getting Requests From The Victim And Mastercard Has A Good Reputation In Keeping Their Customers Happy.

Conclusion

Mastercard Is A Secure, Reliable And Convenient Payment Method For Any Trader Who Owns A Card With The Iconic Branding. Despite The Variety Of E-wallet And Instant Payment Solutions Available Worldwide Today, It’s Difficult To Find A Forex Broker That Doesn’t Still Offer Mastercard Payments. The Only Downside For Traders Is The Fees, If They Apply To Them, As Well As Varying Processing Times On The Broker’s Side.

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