Visa Debit, Credit And Prepaid Cards Are Accepted By Many Of The Top Trading Brokers.Visa Is One Of The Largest Financial Networks And Payment Systems Globally. Its Cards Are Accepted By Businesses And Merchants In Over 200 Countries With Close To 600 Million Transactions Processed Each Day. Its Universal Support And Compatibility With A Range Of Currencies Make It Particularly Popular With Active Traders.
This Review Explains How Visa Works, From Its Debit And Credit Cards To Contactless Payments And Supporting Merchants.
The Best Visa Forex Brokers in 2022 List
Here’s A List And Short Descriptions Of Our Best Visa Forex Brokers According To Our Research.
- IC Markets – Powerful Visa Forex Broker With High Volume
- Oanda – Established Visa Forex Broker With Low Spreads
- Pepperstone – Fast and Reliable Australia-based Visa Forex Broker
- AvaTrade – Award-winning Visa Online Broker
- XTB – Most Prominent Visa Established Forex Broker
- FxPro – Trusted Visa Broker With Multiple Forex Pair Offerings
- FBS – Award Winning Visa Broker With Multiple FX Pairs
- XM – High Leverage Visa Forex Broker Multiple Platforms
1. IC Markets – Powerful Visa Forex Broker With High Volume
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.
IC Markets Also Ensures That All Client Funds Are Protected. To Achieve This, The Broker Keeps All Client Funds In Segregated Accounts. It Also Ensures That All Funds Are Fully Insured. Finally, The Broker Has Fulfilled All Requirements Pertaining To Internal Risk Management And Sufficient Capital While Operations Are Regularly Audited By External Parties To Ensure Full Compliance. Overall, The Broker Is Well-regulated And Emphasizes Transparency To Ensure That Client Interests Are Always Protected.
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.
IC Markets Trading Company Is A Great Broker For Scalping Enthusiasts, Automated Trading Lovers, And Beginner Traders.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.
|Forex Pairs||91 pairs|
|Visa Deposit Fee||None|
|Trading Platforms||Metatrader 4,Metatrader 5 And CTrader|
2.Oanda – Established Visa Forex Broker With Low Spreads
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.
Founded In 1996, Oanda Is Regulated In Six Tier-1 Jurisdictions, Making It A Safe Broker (low-risk) For Forex And CFDs Trading.Excellent Quality Market Research Articles And Daily Analysis Updates Can Be Found In The Market Pulse Hub.Oanda Provides Multiple Options For Algorithmic Trading, Including Via API As Part Of Its Algo Labs Offering.
OANDA Offers Clients Four Ways To Trade The Markets With Its Flagship Offering Being FxTrade, Which Can Be Accessed Via A Download (desktop), Browser, Or Mobile Application. Plus, It Also Offers The Popular MetaTrader 4 (MT4) Download For The Desktop, And Mobile For Trading On Portable Smart Devices.OANDA Offers A Unique Functionality Whereby The Client Has The Option To Set Trade Defaults For Individual Instruments Based On A Specific Amount Of Base Currency, Percentage Of Leveraged NAV, Or Amount In The Account’s Currency. This Gives The Client More Flexibility In Their Trading And Aids In Their Overall Risk Management.
|Forex Pairs||70 pairs|
|Visa Deposit Fee||None|
|Trading Platforms||Proprietary, MT4, TradingView|
3. Pepperstone – Fast and Reliable Australia-based Visa Forex Broker
Pepperstone is the next best Neteller forex broker due to fast and reliable trading speeds, low costs, and offering multiple ways to trade. Founded in 2010, Pepperstone is a multi-regulated platform that supports trading of over 60 different forex pairs.
Aside from offering some of the most niche and exotic pairs, Pepperstone also has integrations with multiple trading platforms. More than the typical MT4 and MT5 platforms, the Neteller broker uses TradingView, cTrader, and the social trading platform DupliTrade.
One of Pepperstone’s strongest features is trading through spread bets. In fact, the broker is one of the best spread betting platforms. Spread betting is a derivatives-based trading method that lets clients from the UK and Ireland trade tax free. Since traders who use spread betting do not own the underlying asset, they are also exempt from stamp duty fees.
Razor or low spread accounts on Pepperstone have a commission per lot of just $3.5 and the maximum leverage available is 1:200 for retail clients. Read our Pepperstone review to better understand the benefits of spread betting with the broker. Other key features and details can be found below.
|Forex Pairs||Over 60 pairs|
|Max Leverage||1:200 for retail clients|
|Pricing||$3.5 per lot for raw accounts, 0% for standard account|
|Spread for USD/EUR||From 0 pips|
|Visa Deposit Fee||None|
|Trading Platforms||TradingView, cTrader, MT4, MT5|
4. AvaTrade – Award-winning Visa Online Broker
The last platform that we’ll be covering from the best Neteller forex brokers list is AvaTrade. Released in 2006, the multi-asset broker was one of the first trading platforms to allow for retail clients to engage in forex markets. Today, with over 300 thousand registered traders, AvaTrade offers about 1,000 financial instruments including stocks, commodities, indices, and cryptocurrencies.
AvaTrade clients can trade through MT4 and MT5 and can even use expert advisors or automated trading bots commonly utilized in forex. The highly trusted broker is regulated across different regions such as EU, South Africa, Australia, and Japan. Top of the line customer support is offered in the form of live chat, email, and phone contact.
Using AvaTrade on AvaTradeGO or WebTrader gives clients access to AvaProtect, a built-in and exclusive risk management tool that protects certain investments from losses. The app can be downloaded on Google Play and the App Store.
A huge benefit for new registrants on AvaTrade is access to their education pack which provides tutorials, daily videos, and webinars on how to be a better trader. Discover more features of AvaTrade in the section below.
There are two account types to choose from with XTB: Standard and Swap Free. Both offer 0% commissions, up to 1:500 leverage, and multi-asset trading. The latter has a slightly larger minimum spread at 0.7 pips while the former starts at just 0.5 pips. More XTB features and details can be found below.
|Forex Pairs||55 pairs|
|Max Leverage||1:400 for retail accounts|
|Spread for USD/EUR||0.9 pips|
|Visa Deposit Fee||None|
|Trading Platforms||Proprietary App, MT4, MT5, WebTrader|
Best Visa Forex Brokers Compared
Below Is A Table Summary To Help You Compare The Best Visa Forex Brokers.
|Forex Brokers||Forex Pairs||Max Leverage||Pricing||Spread for EUR/USD||Visa Deposit Fee||Trading Platforms|
|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|
|Pepperstone||Over 60 pairs||1:200 for retail clients||$3.5 per lot for raw accounts, 0% for standard account||From 0 pips||None||TradingView, cTrader, MT4, MT5|
|AvaTrade||55 pairs||1:400 for retail accounts||0% commission||0.9 pips||None||Proprietary App, MT4, MT5, WebTrader|
|XTB||48 pairs||1:500 leverage||0% commission||From 0.1 pips||1%||Proprietary platform|
|FXPro||70 pairs||1:200 for retail clients||Stocks, Commodities, Indices, Crypto,Futures||1 pip||None||Proprietary platform, MT4, MT5, cTrader|
|FBS||43 pairs||1:3000 for certain accounts||$6 commission for ECN account, 0% commission for Standard account||From 0 pips||None||Proprietary app, MT4, MT5|
|XM||57 pairs||1:1000 leverage||None||Proprietary mobile app, MT4, MT5|
What is Visa ?
Visa First Launched In 1958 And Is Now A Name Ubiquitous In Financial Services And Payment Processing. The Company Has Become One Of The Largest Payment Providers In The World With An Average Quarterly Payment Volume Of $2 Trillion. Visa Also Bought Yellow Pepper, A Fintech Start-up, In 2020, Boosting Its Ranking As The World’s 12th Most Valuable Company By Market Cap. Its Current Net Worth Is Estimated At Over $400 Billion While Its Share Price Sits At Over $200.
The Payments Company Offers A String Of Products And Services, Including Traditional Debit And Credit Cards, Plus Contactless Transfers, Which Are Available Via Desktop Computers, Tablets And Mobile Devices. The Brand’s Flexibility Makes It A Great Choice For Traders Who Want To Deposit Or Withdraw Funds From Their Forex Platform Of Choice, While Also Making Everyday Retail Purchases.
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 Visa Forex Broker
Quick and Secure Fund Transfers
The Benefits Of Handling Your Funds Through Your Visa-branded Card Are Aplenty, Which Comes To Explain Why This Is One Of The Highest-rated Banking Solutions On A Global Scale.
Transactions Through Visa Cards Are Positively Not Cumbersome, Which Refers To Payments Via Bank Transfer, For Example. This Is A Major Benefit As Traders Are Unlikely To End Up Waiting For Hours To Begin Speculating On Forex As Deposits Are Wrapped Up Almost Straight Off. That Way, If You Do Not Have Sufficient Funds In Your Trading Account, But You Have Spotted An Opportunity, You Will Be Able To Upload The Amount You Prefer In A Matter Of A Few Minutes. Needless To Say, Long Waiting Times Can Easily Take The Joy Out For Traders, Which Is Unlikely To Come About When You Opt For Visa.
Additionally, Transactions That Go Through The Neteller Payment Gateway Are 100% Guaranteed And Secured. Neteller’s Online Fraud Protection Is Pci Dss Compliant With Two Factor Authentication (2fa) Security, Zero Chargeback Risks, And Real Time Monitoring Of Transactions.
How to Withdraw from a Forex Account with Visa Cards
One Of The Major Benefits Of This Payment Solution Is That Visa Cards Come Into Stream Also When It Comes To Cashouts. Unlike Some Of The Other Payment Processors That Do Not Double As Cashout Methods, When Using Visa, You Are Unlikely To Find Yourself In Need Of Another Payment Solution When You Want To Retrieve Your Profit.
Withdrawing Money From The Balance Of Your Trading Account Is Exceptionally Straightforward As First Off, You Will Need To Opt For A Cashout And Pick Visa-branded Cards As Your Preferred Banking Method. The Funds That Are Available For Cashout Will Be Displayed So That Traders Could Decide How Much They Wish To Pull Out From Their Account. Then, Traders Simply Need To Decide On The Amount They Wish To Take Out From The Account And Fill In The Required Information.
Keep In Mind That If You Have Made A Deposit Via Your Visa-branded Credit Or Debit Card, Your Funds Will Be Turned To That Same Card. Remember That If You Have Made Use Of Another Banking Solution When Depositing, You Will Not Be Permitted To Carry Out Your Withdrawal Via Visa.
Once You Have Submitted Your Cashout Request, You Will Receive A Notification That It Is Currently Pending. Normally, Brokers Strive To Process Withdrawal Requests Within 24 Hours But It Might Be Better If You Check This Out. If Your Payment Is Approved, Your Funds Will Appear In The Balance Of Your Visa-branded Card Within One Or Sometimes More Working Days. Please Bear In Mind That There Might Be Delays As Long As The Broker Fails To Verify The Information You Have Provided.
Visa Card Safety With Forex Brokers
A Forex Broker That Accepts Visa Card Is Probably A Reputable And Trusted One, But Still Check Their Stated Financial Regulation Is Real. Not Every Broker Accepts Visa Card In Every Country And Visa Card May Ban Or Limit Trading Of Certain Financial Instruments. Visa Card Have Strict Guidelines For Forex Brokers Many Of Which Are Geared Towards The Anti-money Laundering Laws Set By Financial Regulation. Visa Card Also Has A Lot Of Limitations For The Types Of Currency Transactions It Accepts, So Make Sure To Check The Forex Brokers Website To Make Sure That It Accepts Visa Card In Your Region And If There Are Any Limitations. These Regulations Are In Place To Ensure That Financial Transactions Do Not Involve Money Laundering, And Traders Have A Level Of Protection With Trading Forex Using Visa Card Payment Methods.
Visa Is One Of The Most Popular Deposit And Withdrawal Options Among Traders. It Is Accepted By A Long List Of Trading Brokers And Provides Low Fees And Prompt Payment Processing. In Addition, Strong Security And Fraud Protection Protocols Make It Suitable For Both Small And Large Value Payments.
Trading Forex Markets With Visa Card Has A High Percentage Of Loss And Forex Trading With Visa Card Is Considered Hish Risk Due To Forex Markets Volatility. To Profit On Forex Markets With Visa Card, You Will Need To Have A Expert Understanding Of Risk Management, Technical Analysis And Reading Forex Market Trends. Forex Trading With Visa Card Can Be Very Appealing, But You Must Understand What You Are Doing. Forex Trading With Visa Card Is A Serious Endevor And Is Not A Get Rich Quick Scheme.
Card Payments Are Easily One Of The Most Convenient Ways To Handle Your Transactions Not Only When Purchasing Goods, But Also When Speculating On Forex.
Cards Issued By Visa Are Preferred By Traders Because Of The Straightforwardness Of The Transactions And Their Great Accessibility. What Adds Up To The Alure Of This Banking Solution Is That Sometimes, Brokers Offer Exclusive Deals That Are Oriented Towards Visa Users.
More Forex Broker's By Payment Methods
More Forex Broker's That Accepts Visa
|Singapore||Singapore Forex Brokers Accepting Visa|
|Australia||Australia Forex Brokers Accepting Visa|
|Kenya||Kenya Forex Brokers Accepting Visa|
|Nigeria||Nigeria Forex Brokers Accepting Visa|
|Vietnam||Vietnam Forex Brokers Accepting Visa|
|India||India Forex Brokers Accepting Visa|
|UAE||UAE Forex Brokers Accepting Visa|