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Credit Card Forex Brokers
Credit Cards in Forex Trading enable quick and convenient way to transfer funds or deposit or withdraw money from or to the Trading account, also being one of the most used payment methods widely accepted by Brokers and liked by traders.
What is Credit Card Forex Broker?
Credit Card Forex Brokers accept Credit Cards as a funding method to transfer or deposit money to the trading account or withdraw funds. However, there are many notes traders should consider and verify with Broker before selecting this payment method, see our find below:
- Within the forex trading brokers, there are many offer to deposit or withdraw with seamless processes that are performed with speed and efficiency and Credit Card along with Bank Transfer, Debit Cards and e-wallets like PayPal is among widely used and fast funding methods offered
- The transaction fees may be applicable and depend on the legit Forex Brokers with Credit Cards, as well as the Bank provider of the issued card.
- In addition, clients of various jurisdictions should check the possibility to perform Credit Card payments, since some countries restrict the above-mentioned funding option.
Read about MasterCard on Wikipedia.
💰Deposit | Yes |
🏦Withdrawal | Yes (can be some limitations based on Broker conditions) |
What is Credit Card in Forex Platform?
Credit Card is a deposit method frequently used to fund traders’ accounts through brokers’ trading platforms. See some of our finds below:
- Currently, the most convenient method is via major Credit Cards alike Visa, MasterCard, Maestro, etc, which are the common forms of everyday payments in the world.
- This method allows transactions with ease, at any time and place, delivering a secure environment and performing operation in a very short time.
- Majority of the Brokers accept Credit Cards as their authorized payment method, which also is authorized by the Trading Markets authorities.
- Some of the brokerage companies even issue their own-branded card that enables a client the best payment option with low fees and a straight connection to the trading account.
Credit Card Advantages | Credit Card Disadvantage |
---|---|
Conditions are tranparent | Transaction fees might be high |
Secure transaction | Transfers may take up to several business days |
Offered by most of the brokers | Withdrawal ammount typically limited to the deposit ammount |
Fast deposit and withdrawals |
Top 5 Best Forex Brokers accepting Credit Card
Here is the selection of Best Brokers by category chosen from Regulated Forex Brokers with good trading conditions that also accept Credit Card as a Payment method, in fact almost all Regulated Brokers acces Credit Cards in the majority:
- HFM – Best Overall Broker 2024
- BlackBull Markets – Best MT4 Broker 2024
- FP Markets – Lowest Spread Broker 2024
- Eightcap – Best for Scalping and EA 2024
- BDSwiss – Best Broker for Beginners 2024
What Credit Card should I use to Fund my Forex Account?
Almost any Credit Card operated under Visa or MasterCard is accepted by Forex Brokers, the card should be under the trader’s name since 3rd party payments are not accepted.
What is forex charges on credit card?
A foreign transaction (FX) fee is a surcharge on your credit card bill that appears when you make a purchase that either passes through a foreign bank or is in a currency other than the U.S. dollar (USD).
Credit Card Forex Brokers List
This is the list of the Regulated brokers that accept Credit Cards as Forex Payment Method reviewed by us:
Broker | Detail | |
---|---|---|
Octa |
Min. Deposit: $25 Max. Leverage: 1:40 | 1:1000 Trading Platforms: MT4, MT5, Octatrader Regulation: CySEC, FSCA, MISA |
Octa Review |
OANDA US |
Min. Deposit: No minimum deposit Max. Leverage: 1:50 Trading Platforms: MT4, fxTrade Mobile, TradingView Regulation: NFA, CFTC |
OANDA US Review |
XLibre |
Min. Deposit: 0 US$ Max. Leverage: 1:2000 Trading Platforms: MT5 Regulation: FSCA, FSC |
XLibre Review |
XM |
Min. Deposit: US$5 Max. Leverage: 1:30 to 1:1000 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, FSC, DFSA |
XM Review |
InstaForex |
Min. Deposit: 0 $ Max. Leverage: 1:1000 Trading Platforms: MT4, MT5, InstaForex WebTrader, MobileTrader Regulation: FSC BVI |
InstaForex Review |
Exness |
Min. Deposit: 10 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA |
Exness Review |
XPro Markets |
Min. Deposit: $250 Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, Webtrader Regulation: FSCA |
XPro Markets Review |
Headway |
Min. Deposit: $1 Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: FSCA |
Headway Review |
IUX |
Min. Deposit: 10 US$ Max. Leverage: 1:3000 Trading Platforms: MT5, IUX WebTrader Regulation: FSCA, FSA |
IUX Review |
SquaredDirect | SquaredFinancial |
Min. Deposit: $250 Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, Mobile App Regulation: CySEC, FSA |
SquaredDirect | SquaredFinancial Review |
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