PayPal Is An Electronic Means Of Exchange, Which Enables People From All Over The World To Pay For Goods And Services Online As Well As Transfer Money In Electronic Form. The Company Was Founded In 1999 By A Team Of Programmers That Include Elon Musk, Who Is Now The CEO Of Telsa Motors And SpaceX Technologies. PayPal Enables Users To Perform Transactions Using The PayPal Digital Wallet As Well As The PayPal Credit Card Processing System.
A List Of Forex Brokers That Support PayPal Payment System As An Option For Funds Deposit/withdrawal. PayPal Is A Convenient Online Payment System That Is Widely Accepted In The USA, Canada And The United Kingdom. Forex Brokers That Accept PayPal Deposits Often Are Good-standing Companies, Which You Can Trust.
The Brokers Below Represent The Best Paypal Accepting Brokers
- AvaTrade – Regulated Broker | Forex & CFD Trading
- IC Markets – True ECN Forex Brokers
- Oanda – Good And Stable Broker
- Plus500 – Excellent Online Broker For Advanced Traders
- FxPro – Reliable Broker For Professional Traders
- Fp Markets – An Impressive Range Of Trading Instruments
- Markets.com – Multi-asset Broker Offering CFDs
- HYCM – Global CFD And Forex Broker
1. AvaTrade – Regulated Broker | Forex & CFD Trading
AvaTrade Is A Global CFD And Forex Broker Founded In 2006. It Is Regulated By Several Top-tier Financial Authorities, Including The Central Bank Of Ireland.Founded In 2006, AvaTrade Is Regulated In Three Tier-1 Jurisdictions And Three Tier-2 Jurisdictions, Making It A Safe Broker (low-risk) For Trading CFDs And Forex.
AvaTrade Is An Internationally Regulated Beginner-friendly CFD Broker Offering Trading On Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, And ETFs. AvaTrade Has Received Extensive Industry Recognition For AvatradeGO, One Of The Most Popular Mobile Trading Applications Available Globally.
AvaTrade’s Single Commission-free Account Has A Minimum Deposit Requirement Of 100 USD And Has Average Trading Costs For A Market Maker Broker, With Spreads Starting At 0.90 Pips On The EUR/USD. In Terms Of Trading Platforms, AvaTrade Offers A Wider Choice Than Most Brokers, With Support MT4, MT5, AvaOptions, And Its Proprietary Web Trader Platform. The Same Is True For The Trading Tools Available, With Avatrade Offering Trading Central, Duplitrade, And AvaProtect, Its Own Innovative Risk Management System. Furthermore, Avatrade Does Not Charge Any Deposit Or Withdrawal Fees And Provides An Excellent Selection Of Educational Materials To Get New Traders Started.
|Forex Pairs||55 pairs|
|Max Leverage||1:400 for retail accounts|
|Paypal Deposit Fee||None|
|Trading Platforms||Metatrader 4,Metatrader 5 And CTrader|
2.IC Markets – True ECN Forex Brokers
IC Markets Competitive Pricing And Scalable Execution Make It An Excellent Option For Algorithmic Traders. Though It Supports An Impressive Range Of Third-party Tools And Plugins, IC Markets Research And Education Offerings Are Not As Impressive As Those Offered By Industry Leaders.Maintains Regulatory Status In One Tier-1 Jurisdiction And One Tier-2 Jurisdiction, Making It A Safe Broker (average-risk) For Trading Forex And CFDs.
IC Markets Trading Company Was Founded In 2007 In Sydney, Australia. The Broker Is Licensed Under The Australian Financial Services License (AFSL) And The Australian Securities And Investment Commission (ASIC). The Broker Is Also A Member Of The Australian Financial Complaint Authority (AFCA), The Governing Body That Sets The Industry Standard For The Resolution Of Disputes Between Consumers And Financial Service Providers, And Regularly Undertakes Audits.
Based In Sydney, Australia, IC Markets Ranks As One Of The Largest Forex CFD Providers Globally By Daily Trade Volume Thanks To Over $15 Billion In Foreign Exchange Turnover Via Over 500,000 Orders Executed Daily. Regulated By The Cyprus Securities And Exchange Commission, The Australian Securities And Investments Commission, As Well As The Financial Services Authority (St Vincent & The Grenadines), The Broker Currently Accepts Clients From More Than 140 Countries Around The World And Boasts More Than 100,000 Active Clients.
|Forex Pairs||61 pairs|
|Max Leverage||Up to 1:500 leverage|
|Pricing||$3.5 per lot per side for Raw Spread account, 0% commission for Standard account|
|Spreads||From 0 pips for Raw Spread account;From 0.6 pips for Standard account|
|Paypal Deposit Fee||None|
|Trading Platforms||WebTrader, MT4, MT5, cTrader. ZuluTrade|
3. Oanda – Good And Stable Broker
A Trusted Global Brand, OANDA Stands Out For Its Reputation And Quality Market Research. Its Regulatory Track Record Is Strong, And Its Support For Third-party Features Bolsters Its Overall Offering. However, OANDA's Limited Range Of CFDs And Below-average Pricing Puts It Just Behind The Best Forex Brokers.
OANDA, Co-founded By Dr. Stumm And Dr. Olsen In 1996, Advertises That It Does “all Things Currency,” From Currency Conversion To Providing FX Data Services For Businesses To Offering An Established Global Online Brokerage Service To Individuals Seeking To Trade The Retail FX And CFD Markets.Oanda Is A US-based Forex Broker Founded In 1996. It Is A Private Company And Therefore Not Listed On Any Stock Exchange.
Oanda Operates Via Several Entities Worldwide And Is Regulated By Top-tier Authorities, Such As The US Commodity Trading Futures Commission, The National Futures Association (CFTC) And The UK’s Financial Conduct Authority (FCA).Oanda Has Low Forex Fees But Average CFD Fees. Withdrawal Fees Are Low But Not In All Cases, While There’s Also A Small Inactivity Fee.
Oanda Is A Regulated Online Best Forex Broker In USA, Having Its Branches Across The Globe. Initially Established As A Forex And CFDs (CFDs Are Complex Instruments) Trading Platform, Oanda Offering A Variety Of Asset Classes, Including Stock Indices, Bonds, Commodities, And Precious Metals. When It Comes To Creating Profitable Opportunities, Oanda Has More To Offer In The Form Of Its Award Proprietary Platforms And Precise Technical Indicators.
|Forex Pairs||70 pairs|
|Max Leverage||1:50 for retail clients|
|Pricing||From 0% commission|
|Spread for USD/EUR||From 0.7 pips|
|Paypal Deposit Fee||None|
|Trading Platforms||Proprietary, MT4, TradingView|
4. Plus500 – Excellent Online Broker For Advanced Traders
Plus500, A Trademark Of Plus500 Ltd, Is A Company Who's Principal Activity Is Offering Online Trading In Contracts For Difference, Known As (CFDs), Delivered Through A Proprietary Trading Platform Via The Web And Other Electronic Channels.
Founded In 2008, The Israel-based Company Operates Via Several Subsidiaries Throughout Europe And The Asia-Pacific Region And Is Registered With The Relevant Regulatory Authorities. Like Many CFD Brokers, Plus500 Does Not Accept U.S. Traders. The Company Does Offer A New Platform, TradeSniper, For Trading Futures. This Platform Is Available To U.S. Traders.
Plus500 Ltd (PLUS.L) Is A Publicly Traded Company That Has Been Listed On The London Stock Exchange (LSE) And Is A Member Of The FTSE 250. Plus500UK Ltd., A U.K.-based Company With Its Offices Located In The City Of London, Is Authorized And Regulated By The Financial Conduct Authority (FCA #509909). Plus500 Ltd., The Parent Company, Is Headquartered In Haifa, Israel.
The Broker Offers Clients In More Than 50 Countries Access To A Comprehensive Product Line Of CFDs On Many Instruments Including Forex, Stock Indices, Individual Shares, Commodities, ETFs, Options, And Cryptocurrencies (availability Subject To Regulation). Plus500 Is Also The First Broker To Introduce A Bitcoin CFD In 2013. Moreover, The Broker Offers Access To Options CFDs Trading On Many Markets. These Allow You To Speculate On The Future Price Of The Underlying Reference Instrument And Differ From Regular Options In That They Are Cash Settled.
|Forex Pairs||71 pairs|
|Max Leverage||1:300 leverage|
|Spread for USD/EUR||0.00037|
|Paypal Deposit Fee||None|
|Trading Platforms||Web Terminal|
Best Paypal Forex Brokers Compared
Below Is A Table Summary To Help You Compare The Best Paypal Forex Brokers.
|Forex Brokers||Forex Pairs||Max Leverage||Pricing||Spread for EUR/USD||Paypal Deposit Fee||Trading Platforms|
|AvaTrade||55 pairs||1:400 Leverage||0% commission||0.9 pips||None||Proprietary App, MT4, MT5, WebTrader|
|IC Markets||Over 61 pairs||Up to 1:500 leverage||$3.5 per lot per side for Raw Spread account, 0% commission for Standard account||From 0 pips for Raw Spread account;From 0.6 pips for Standard account||None||WebTrader, MT4, MT5, cTrader. ZuluTrade|
|Oanda||70 pairs||1:50 for retail clients||From 0% commission||From 0.7 pips||None||Proprietary, MT4, TradingView|
|Plus500||71 pairs||1:300 leverage||0.00051||0.00037||None||Web Terminal|
|FXPro||70 pairs||1:200 for retail clients||Stocks, Commodities, Indices, Crypto,Futures||1 pip||None||Proprietary platform, MT4, MT5, cTrader|
|FP Markets||60 pairs||500:1 leverage||$3.00 commission per||1.2 pips||None||Metatrader 4,Metatrader 5,Social Trading And WebTrader|
|Markets.com||7 Major Forex Pairs||1:100 leverage||0% commission||0.6 Pips||None||MT4, MT5 And WebTrader|
|HYCM||91 pairs||1:500 leverage||0% commission||0.1 pips||None||MT4, MT5|
What is Paypal?
PayPal Is An Online Payment System That Makes Paying For Things Online And Sending And Receiving Money Safe And Secure.
When You Link Your Bank Account, Credit Card Or Debit Card To Your PayPal Account, You Can Use PayPal To Make Purchases Online With Participating Stores. PayPal Serves As A Middleman Between Your Bank And Merchants And Keeps Your Payment Information Secure.
You Can Also Use PayPal To Securely Send Money To Friends And Family As Well As Receive Money From People. This Feature Is Useful For Splitting Rent With Roommates, For Example, Or Receiving Money For Your Birthday.
Withdrawals Can Be Made In A Variety Of Ways And Vary In Fees. Some Of The Options Include:
• Bank Transfer
• Wire Transfer
• Web Money
• Union pay
• Credit Card
Benefits of Using a PayPal Forex Broker
Quick and Secure Fund Transfers
PayPal Presents An Instant And Secure Way Of Depositing And Withdrawing Funds From A Forex Trading Account. The Emphasis Here Is On Security, Because PayPal Presents Several User Authentication Processes To Ensure That Any Transaction On A Forex Account Using PayPal Is Being Done By The Owner Of The Account Only.
Apart From Security, The PayPal Digital Wallet Also Offers A Fast Means Of Depositing And Withdrawing Funds, As All Transactions Are Done In An Instant.
PayPal Also Maintains A Multi-currency Platform (25 Currencies Supported), So There Is No Need To Perform An Offline Currency Exchange Even If The PayPal Account Currency Is Different From The Currency In Which The Trading Account Is Maintained. PayPal Handles The Conversion For A Very Small Fee.
How To Withdraw From A Forex Account With PayPal
PayPal Is Widely Regarded As The Most Popular Online Payment Method Worldwide. More Foreign Exchange(Forex) Brokers Accept PayPal, Which Is Becoming A Popular Payment Method. Day Traders Prefer PayPal Brokers Because Of Quick Transfers And Greater Security For The Technique. It Is Also Easy To Link PayPal With Credit And Debit Cards So That It Is Easy And Fast To Deposit Or Withdraw Money. PayPal Has Strict Rules For Payment And Withdrawal. Hence Broker Sites That Accept PayPal Can Be Trusted More Compared To Others.
The Best Brokers That Accept PayPal As A Deposit And Withdrawal Option Are FxPro And IC Markets. However, Most Brokers Offer Paypal Only For A Limited Number Of Countries. Usually, UK, Australia, EU, And Canada Traders Can Use PayPal As A Deposit And Withdrawal Option Without Restrictions.
Fees and Limits When Using PayPal to Trade Forex
Since There Are Numerous Different Forex Brokers You Can Opt For, It Is Hard To Define Specific Limits For Payments Via PayPal. This Being Said, Most Brokers Will Set Up A Minimum For PayPal Deposits Along The Lines Of $100/$200. The Maximum Amount That You Can Deposit Via This Digital Wallet May Be Capped At Somewhere Around $10,000.
Most Forex Brokers Will Not Charge A Fee If You Decide To Fund Your Trading Account Via PayPal. This Is One Of The Reasons Why This Method Is Considered A Good Deposit Options For Forex Traders As They Will Not Have To Worry About Surcharges Imposed By The Broker. Keep In Mind, However, That If You Initiate A Withdrawal Without Embarking On Any Trading, The Forex Broker Might Charge You A Fee Of 2.7% For The PayPal Transaction.
Although Most Brokers Will Not Impose Surcharges For Deposits Via The E-wallet, There Might Be Some Fees Imposed By PayPal For Different Types Of Transactions. The Foreign Transaction Fees When Using PayPal May Reach 4.5% While Some Transfer Fees May Range Between 4% And 12%. This Is Why It Is Always A Good Idea To Check The Surcharges That Using The Service Of PayPal May Incur.
When You Are Looking For A Safe Method To Boost Your Forex Trading Balance, You Can Rely On PayPal. Not All Forex Brokers Accept Payments Via This Digital Wallet But Those That Do, Are Trustworthy And Comply With All Of The Strict Rules Of Use Of PayPal. This E-wallet Allows Easy, Fast And Secure Payments Which Is Definitely Something To Be On The Lookout For When You Are Trading Forex.
Overall PayPal Is A Fantastic Service For Small To Medium Ecommerce Merchants. It’s A Recognised Brand That Is Trusted In The Ecommerce World And The “one Touch” Checkout Available In Their Service Enable Merchants To Increase Their Conversions.
More Forex Broker's By Payment Methods
More Forex Broker's That Accepts Paypal
|Singapore||Singapore Forex Brokers Accepting Paypal|
|Australia||Australia Forex Brokers Accepting Paypal|
|Kenya||Kenya Forex Brokers Accepting Paypal|
|Nigeria||Nigeria Forex Brokers Accepting Paypal|
|Vietnam||Vietnam Forex Brokers Accepting Paypal|
|India||India Forex Brokers Accepting Paypal|
|UAE||UAE Forex Brokers Accepting Paypal|