PayPal Forex Brokers and Trading Sites


	Islamic Account ?	More
	MT4 Fixed ?	More
	MT4 Floating ?	More
	Instant Execution ?	More
	MT4 Fixed - Instant Exec. ?	More
	FxPro cTrader ?	More
	MT4 Floating - Instant Exec. ?	More
	MT5 Floating - Market Exec. ?	More
	MT4 Floating - Market Exec. ?	More
	Live Account ?	More
	eToro Account ?	More
	Islamic Account ?	More
	Premium Account ?	More

	EURUSD AUDUSD EURUSD GBPUSD USDCHF USDINR	Leverage ?	Commission / lot ?	Min. deposit ?
AvaTrade Islamic Account ?	2.5 pips 1.9 pips 2.4 pips 2.5 pips NA NA	1:200 1:200 1:200 1:50 NA NA	$0	$100	Visit broker »
AvaTrade MT4 Fixed ?	2.5 pips 1.9 pips 2.4 pips 2.5 pips NA NA	1:400 1:400 1:400 1:50 NA NA	$0	$100	Visit broker »
AvaTrade MT4 Floating ?	2.2 pips 1.5 pips 2 pips 2.1 pips NA NA	1:400 1:400 1:400 1:40 NA NA	$0	$100	Visit broker »
Fortrade Instant Execution ?	3 pips 2 pips 2 pips 4 pips NA NA	1:200 1:200 1:200 1:200 NA NA	$0	$100	Visit broker »
FxPro MT4 Fixed - Instant Exec. ?	1.7 pips 1.6 pips 1.8 pips 1.6 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	Visit broker »
FxPro FxPro cTrader ?	0.8 pips 0.3 pips 0.7 pips 1.9 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$9	$500	Visit broker »
FxPro MT4 Floating - Instant Exec. ?	1.6 pips 1.4 pips 2 pips 1.8 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	Visit broker »
FxPro MT5 Floating - Market Exec. ?	1.6 pips 1.4 pips 2 pips 1.8 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	Visit broker »
FxPro MT4 Floating - Market Exec. ?	1.4 pips 1.2 pips 1.8 pips 1.8 pips NA NA	1:500 1:500 1:500 1:100 NA NA	$0	$500	Visit broker »
Plus500 Live Account ?	4 pips 2 pips 1 pip 8 pips NA NA	1:300 1:300 1:300 1:300 NA NA	£0	£100	Visit broker »
eToro eToro Account ?	4 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$200	Visit broker »
eToro Islamic Account ?	4 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$200	Visit broker »
eToro Premium Account ?	4 pips 3 pips 4 pips 3 pips NA NA	1:400 1:400 1:400 1:400 NA NA	$0	$20000	Visit broker »

Why use PayPal for deposits?

Fund your account online 24/7 through your PayPal account.
Activate and fund your account in less than 5 minutes.
Make direct withdrawals to your PayPal account.

What is PayPal?

PayPal is like an online wallet that stores your credit card and bank account details. You can use your PayPal account to shop online without having to remember your details or enter them into a website again.

Opening a PayPal account is easy and it’s free. All you need is an email address and a password. After that, you can link your PayPal account to a bank account, credit card or debit card.

Benefits of using PayPal

Secure: PayPal is a safer way to pay because you store your financial information with PayPal rather than the merchants you buy from. This is a genuine advantage because your information could be at risk from hackers or prying employees even if you transact with established and reputable websites.
Convenient: with PayPal, you only enter your credit card or bank account details once when you open open your account. After that, all you need is your PayPal email address and password to shop online.
Fast: with PayPal, you can send and receive money in real-time.

Account limits

When you open an account, PayPal only asks for essential information so that you can get started right away. Your account will be classified as ‘Unverified’ until you provide more information about yourself – this is to comply with anti-money laundering laws. Unverified accounts are subject to initial limits on the amount you can send, receive and withdraw.

It's a good idea to verify your account as soon as possible. Otherwise, PayPal could force verification on you at a later stage if your account balance or transaction volumes rise above certain thresholds. When this happens, your account will be set ‘Limited’ and you will no longer be able to send, receive or withdraw money. This could play havoc with your trading, preventing you from meeting margin calls or taking advantage of changes in the financial markets.

PayPal withdrawal methods

While PayPal typically allows withdrawals to a bank account or a card, this may not be possible in all countries. In some countries, PayPal restricts withdrawals to US bank accounts only. And in others, it does not support withdrawals to credit or debit cards. Remember to check PayPal withdrawal options in your country to make sure it works for you.

PayPal fees

PayPal is a cost-effective way to trade. If your PayPal account and broker are in the same country, you could finance your trades and withdraw your profits to a local bank account entirely free of charge. Here’s a breakdown of PayPal fees:

Joining: free to join.
Deposits: free to add money to your PayPal balance from a domestic bank account.
Withdrawals: free to make a standard withdrawal from your PayPal balance to your bank account. PayPal charges a fee for withdrawals to a card and accelerated withdrawals to a bank account.
Buying: free.

If your transaction requires a currency conversion, PayPal will add a processing fee above the wholesale exchange rate. In addition, PayPal also charges a cross-border fee for cross-border payments. The cross-border fee applies when the sender and the receiver have PayPal accounts registered in different countries. Please check the PayPal User Agreement for fees applicable in your country.