Wire Transfer Forex Brokers

In This Guide, We List The Best Brokers That Accept Wire Transfer Deposits In 2022.

The Best Wire Transfer Forex Brokers in 2022 List

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

  1. XTB – Best Overall, Best For Range Of Offerings
  2. IC Markets – Best Forex Broker For Beginners London
  3. AvaTrade – Best Forex Broker For Advanced Traders
  4. FP Markets – Best Forex Broker For Low Costs
  5. Swissquote – Best Forex Broker For U.S. Traders
  6. Plus500 – Best Forex Broker For Trading Experiences
  7. FXTM – Best Prepaid Wire Transfer Overall
  8. EToro – Best Multi-Currency Solution
  9. TMGM – Best Wire Transfer For European Traders
  10. OctaFx – Best Wire Transfer For Travelers

1. XTB - Best Overall, Best For Range Of Offerings

Next On Our List Of The Best Forex Brokers That Accept Wire Transfer Is XTB, One Of The Largest And Most Regulated CFD Brokers Globally. Aside From Forex, XTB Supports Other Top Global Markets And More Than 2,000 Tradable Assets Thanks To Almost 20 Years Of Market Operations.

XTB Wire Transfer Forex Broker

XTB Is Also Among The Best NDD Forex Brokers That Has Access From Some Of The Largest Liquidity Providers. Its Clients Have Up To 1 Million Euros, Sterlings, Or Australian Dollars In Insurance To Keep Investments Safe. Additionally, The XTB Customer Support Team Operates 24 Hours A Day And 5 Days A Week. ​

XTB Wire Transfer

One Of The Areas Where XTB Shines The Most Is In Its Proprietary Platforms, XStation For Desktop And XStation Mobile For Smartphones. As Both MT4 And MetaTrader 5 (MT5) Aren’t The Most Straightforward Platforms To Use Especially For Beginners, XStation Is An Easy-to-use Platform With A Simple And Intuitive Design.

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 Pairs48 pairs
Max Leverage1:500 leverage
0% commission
Spread for USD/EUR
From 0.1 pips
Mastercard Deposit Fee1%
Trading PlatformsProprietary platform

2. FP Markets - Best Forex Broker For Low Costs

FP Markets Is Considered Average-risk, With An Overall Trust Score Of 86 Out Of 99. FP Markets Is Not Publicly Traded, Does Not Operate A Bank, And Is Authorised By One Tier-1 Regulator (High Trust), Two Tier-2 Regulators (Average Trust), And Zero Tier-3 Regulators (Low Trust).

FP Markets Is A Well-regulated Broker With Good Trading Environment Suitable For Beginners And Experienced Traders Too, The Points To Admit Are Low Pricing, Good Trading Proposal With Selection Of Platforms And ECN Trading Environment Also Excellent Trading Education.

FP Markets Wire Transfer

FP Markets Is The Lowest Spread Forex Broker In November 2022 And Is Considered Safe With Both ASIC And CySEC Regulations. Our FP Markets Review Found The Broker Has A Great Range Of Forex Trading Platforms, A Wide Range Of CFD Markets And Instruments As Well As The Fastest Execution Speeds.

Forex Pairs60 pairs
Max Leverage500:1 leverage
Pricing$3.00 commission per
Spread for USD/EUR1.2 pips
Mastercard Deposit FeeNone
Trading PlatformsMetatrader 4,Metatrader 5,Social Trading And WebTrader

3. AvaTrade - Best Forex Broker For Advanced Traders

The Last Platform That We’ll Be Covering From The Best Wire Transfer 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.

Avatrade Wire Transfer

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 Pairs55 pairs
Max Leverage1:400 for retail accounts
Pricing0% commission
Spread for USD/EUR0.9 pips
Neteller Deposit FeeNone 
Trading PlatformsProprietary App, MT4, MT5, WebTrader

4. IC Markets - Best Forex Broker For Beginners London

IC Markets Has Low Forex Fees. The Account Opening Process Is Easy And Fast, While Depositing And Withdrawals Are Free And User-friendly. On The Downside, IC Markets Has A Limited Product Portfolio, Offering Only CFDs And Forex. The Live Chat Service Is Slow And The Answers Are Irrelevant.

Furthermore, The Broker's Platforms Are Well-known For Their Ultra-low Latency Order Execution. IC Markets Is Connected To Two Equinix Data Centers In London And New York, Delivering Exceptionally Reliable And Secure Connectivity For Its Traders.

IC Markets Wire Transfer

IC Markets Is An ASIC And CySEC Regulated Forex Broker With Solid Forex Trading Platforms, Low Spreads And High Leverage. The Broker Is A Solid Choice For Traders Looking For Low Fees Using The MetaTrader 4 Or 5 Platforms.

Forex PairsOver 61 pairs
Max LeverageUp to 1:500 leverage
Pricing$3.5 per lot per side for Raw Spread account, 0% commission for Standard account
Spread for USD/EURFrom 0 pips for Raw Spread account;From 0.6 pips for Standard account
Mastercard Deposit FeeNone
Trading PlatformsWebTrader, MT4, MT5, cTrader. ZuluTrade

Best Wire Transfer Forex Brokers Compared​

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

Forex BrokersForex PairsMax LeveragePricingSpread for EUR/USDWire Transfer Deposit FeeTrading Platforms
XTB48 pairs1:500 leverage0% commissionFrom 0.1 pips1%Proprietary platform
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
AvaTrade55 pairs1:400 for retail accounts0% commission0.9 pipsNoneProprietary App, MT4, MT5, WebTrader
FP Markets60 pairs500:1 leverage$3.00 commission per1.2 pipsNoneMetatrader 4,Metatrader 5,Social Trading And WebTrader
Swissquote78 Forex Pairs1:100 leverageStart trading from CHF 1.50 and EUR 1.000.8 PipsNoneAdvance Trader, Metatrader 4, Metatrader 5
Plus50071 pairs1:300 leverage0.000510.00037NoneWeb Terminal
FXTM27 pairs1:2000 leverage0.4 – 2 USD per lot for Advantage accounts, 0% commission for Micro and Advantage Plus accountsFrom 0.0 pips for ECN Prime account; From 1.5 pips for Mirco and Advantage Plus accountsNoneMT4, MT5, Webtrader
eToro49 pairs1:30 for retail clients0% commission1 pipNoneProprietary platform
TMGM7 Forex Pairs1:500 leverageEdge Account: $3.50 Commission Per Lot Per Trade Plus Spread Cost0.0 PipsNoneMetatrader 4, IRESS
OctaFx35 currency pairs1:500 leverage10,000 USD0.6 PipsNoneMetatrader 4, Metatrader 5

What is Wire Transfer?

In Forex, The Wire Transfer System Is A Means Of Transaction In Which Trading Capital Is Sent From A Local Bank Account To The Forex Broker’s Segregated Bank Account To Fund The Trader’s Trading Account. It Is Also The Way In Which Any Profits Or Capital Withdrawn Is Channeled From The Broker’s Segregated Account To The Trader’s Bank Account.

Withdrawals Can Be Made In A Variety Of Ways And Vary In Fees. Some Of The Options Include:
• Bank Transfer
• Credit Cards
• Paypal

What Is Wire Transfer

Benefits of Using a Wire Transfer Forex Broker

Wire Transfer Forex Broker

Why Use Wire Transfer As Your Deposit/Withdrawal Method

There Are Countries Which Are Still Restricted From Using Certain Aspects Of The International Payment System. These Countries Are Therefore Barred From Transacting With Credit/debit Cards Or E-wallets On Forex Brokerage Platforms. For Traders Resident In These Countries, The Bank Wire Transfer Is The Only Way To Conduct Forex Transactions.

Bank Wire Transfers Are Also A Safe Method Of Transaction, As Money Only Passes From A Bank Account To Another Bank Account. A Credit Card Can Be Physically Stolen, But A Bank Account Cannot. Banks Usually Have A Robust Know Your Customer (KYC) Protocol And Collect The Physical And Biometric Details Of Their Customers. It Is Therefore Easy To Track Who Owns An Account And Where Such An Individual Is Located. This Gives Forex Brokers The Confidence To Allow The Bank Wire Transfer As A Globally Accepted Means Of Transaction In Forex.

Benefits of Choosing a Broker that Accepts Wire Transfers

What Benefits Accrue To The Trader From Choosing A Broker That Accepts Wire Transfers?                                                                                        Security Is A Major Benefit. It Is A Lot Harder To Steal Bank Account Details Than Credit Card Or E-wallet Details, Especially During The Transaction Process.
Funds Sent To The Broker Through A Wire Transfer Are Not Subjected To Maximum Deposit Limits.

How to Pick a Decent Broker With Wire transfer

Every Forex Broker Offers The Wire Transfer As A Transaction Method. The Greatest Issue With Wire Transfer Is The Processing Time. Wire Transfers Typically Take 2-7 Business Days. So You Need To Find A Broker That Offers A Short Processing Time. Here Is How To Speed Up The Process.

Consider The Time Zones. Process Your Wire Transfer Request A Little Before The Broker’s Business Day Starts. Use The World Clock To Know What Time This Translates To In Your Own Time Zone.
Pick A Broker That Will Initiate The Process As Soon As You Make The Withdrawal Request.
Find Out If There Are Charges That Can Be Paid To Make Your Wire Transfer Faster.


To Help You Find The Best Brokers That Accept Bank Wire Transfer For Both Funding And Withdrawing From Your Trading Account Check Out The List That We Have Compiled. It Is Built On Knowledge We’ve Gleaned From Our Ongoing Research Into The Best Brokers And Also From The User Reviews We Receive From Traders That Have Used These Brokers.

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