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Credit Card Forex Brokers

Compare Forex brokers that accept credit cards to fund your online trading account. Understand the pros and cons of using a credit card to trade online, from your very deposit to your first withdrawal.

AvaTrade
AvaTrade »
Islamic Account ?
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AvaTrade
AvaTrade »
MT4 Fixed ?
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AvaTrade
AvaTrade »
MT4 Floating ?
More
HotForex
HotForex »
Micro Account ?
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HotForex
HotForex »
Premium Account ?
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HotForex
HotForex »
Islamic Account ?
More
HotForex
HotForex »
Fixed Account ?
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Fortrade
Fortrade »
Instant Execution ?
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FXCC
FXCC »
ECN Standard ?
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FXCC
FXCC »
ECN Advanced ?
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easyMarkets
easyMarkets »
Standard Account ?
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easyMarkets
easyMarkets »
VIP Account ?
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FXTM
FXTM »
Standard Account ?
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FXTM
FXTM »
ECN Account ?
More
FXTM
FXTM »
FXTM Pro ?
More
FxPro
FxPro »
MT4 Fixed - Instant Exec. ?
More
FxPro
FxPro »
FxPro cTrader ?
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FxPro
FxPro »
MT4 Floating - Instant Exec. ?
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FxPro
FxPro »
MT5 Floating - Market Exec. ?
More
FxPro
FxPro »
MT4 Floating - Market Exec. ?
More
LQDFX
LQDFX »
Islamic Account ?
More
LQDFX
LQDFX »
Gold Account ?
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LQDFX
LQDFX »
ECN Account ?
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LQDFX
LQDFX »
Micro Account ?
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Plus500
Plus500 »
Live Account ?
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eToro
eToro »
eToro Account ?
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eToro
eToro »
Islamic Account ?
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eToro
eToro »
Premium Account ?
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LiteForex
LiteForex »
Classic Account ?
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LiteForex
LiteForex »
ECN Account ?
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FXOpen
FXOpen »
STP MT4 Account ?
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FXOpen
FXOpen »
ECN MT4 Account ?
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FXPRIMUS
FXPRIMUS »
Floating Spreads ?
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FXPRIMUS
FXPRIMUS »
ECN Premier ?
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Leverage ?Commission / lot ?Min. deposit ? 
AvaTrade
AvaTrade »
Islamic Account ?
1.9 pips
1:200
$0$100Visit broker
AvaTrade
AvaTrade »
MT4 Fixed ?
1.9 pips
1:400
$0$100Visit broker
AvaTrade
AvaTrade »
MT4 Floating ?
1.5 pips
1:400
$0$100Visit broker
HotForex
HotForex »
Micro Account ?
1.2 pips
1:1000
$0$50Visit broker
HotForex
HotForex »
Premium Account ?
1.2 pips
1:400
$0$500Visit broker
HotForex
HotForex »
Islamic Account ?
1.2 pips
1:400
$0$500Visit broker
HotForex
HotForex »
Fixed Account ?
1.8 pips
1:400
$5$500Visit broker
Fortrade
Fortrade »
Instant Execution ?
2 pips
1:200
$0$100Visit broker
FXCC
FXCC »
ECN Standard ?
0.5 pips
1:300
$7.5$100Visit broker
FXCC
FXCC »
ECN Advanced ?
0.5 pips
1:200
$4$100000Visit broker
easyMarkets
easyMarkets »
Standard Account ?
1.8 pips
1:200
$0$100Visit broker
easyMarkets
easyMarkets »
VIP Account ?
1 pip
1:400
$0$2500Visit broker
FXTM
FXTM »
Standard Account ?
1.6 pips
1:500
$0$100Visit broker
FXTM
FXTM »
ECN Account ?
0.1 pips
1:500
$2$500Visit broker
FXTM
FXTM »
FXTM Pro ?
0.1 pips
1:200
$0$25000Visit broker
FxPro
FxPro »
MT4 Fixed - Instant Exec. ?
1.6 pips
1:500
$0$500Visit broker
FxPro
FxPro »
FxPro cTrader ?
0.3 pips
1:500
$9$500Visit broker
FxPro
FxPro »
MT4 Floating - Instant Exec. ?
1.4 pips
1:500
$0$500Visit broker
FxPro
FxPro »
MT5 Floating - Market Exec. ?
1.4 pips
1:500
$0$500Visit broker
FxPro
FxPro »
MT4 Floating - Market Exec. ?
1.2 pips
1:500
$0$500Visit broker
LQDFX
LQDFX »
Islamic Account ?
0.8 pips
1:300
$0$20Visit broker
LQDFX
LQDFX »
Gold Account ?
0.8 pips
1:300
$0$500Visit broker
LQDFX
LQDFX »
ECN Account ?
0.2 pips
1:300
$3.5$500Visit broker
LQDFX
LQDFX »
Micro Account ?
1.4 pips
1:500
$0$20Visit broker
Plus500
Plus500 »
Live Account ?
2 pips
1:300
£0£100Visit broker
eToro
eToro »
eToro Account ?
3 pips
1:400
$0$200Visit broker
eToro
eToro »
Islamic Account ?
3 pips
1:400
$0$200Visit broker
eToro
eToro »
Premium Account ?
3 pips
1:400
$0$20000Visit broker
LiteForex
LiteForex »
Classic Account ?
2.2 pips
1:500
$0$50Visit broker
LiteForex
LiteForex »
ECN Account ?
0.4 pips
1:500
$5$50Visit broker
FXOpen
FXOpen »
STP MT4 Account ?
1.4 pips
1:500
$0$10Visit broker
FXOpen
FXOpen »
ECN MT4 Account ?
0 pips
1:500
$1.8$1000Visit broker
FXPRIMUS
FXPRIMUS »
Floating Spreads ?
1.6 pips
1:1000
$0$100Visit broker
FXPRIMUS
FXPRIMUS »
ECN Premier ?
0.4 pips
1:1000
$10$100Visit broker
     

Why use a credit card?

  • Fund your account online 24/7 using your Visa or MasterCard.
  • Activate and fund your account within hours.
  • Make direct withdrawals to your credit card.

Your first deposit

Most brokers are required either by law or regulation to check their customers' identity before doing business with them. These procedures, also known as 'Know Your Customer' (KYC), are in place to prevent identity theft, money laundering and the financing of terrorism.

If you fund your account by credit card, you can expect your broker to request a copy of the card. We suggest sending only the front side of the card, unless requested otherwise, to keep the card security code private. The card security code is a three or four-digit number found on the back of MasterCard, Visa, Diners Club and Discover credit cards.

If you're with American Express, the card security card is known as a unique card code (CID) and appears the front side of the card above the card number.

In an attempt to fight credit card fraud, some brokers set a cap on amounts you can deposit by card. That threshold stands at US$15,000 in the case of HotForex (HotForex.com).

Others, such as HYMarkets (HYCM.com), may request a credit card authorization form if you plan to deposit over US$ 10,000. The form is a statement designed to protect them against costs associated with charge backs from credit card companies in the event of fraud.

Credit card fees

Most brokers charge no fees on incoming deposits. However, intermediary banks and credit card companies can charge between 2% and 3% depending on the funding currency. This is typically deducted from the amounted deposited into your online trading account.

Deposit up to 5% more than the minimum required to allow enough headroom for fees.

Additional deposits

Once your credit card is linked to your online trading account, you can expect your broker to turn to it to fund margin calls should your account's equity falls below threshold. This is standard practice but can come as a surprise to new investors.

If your credit card limit is set low or your trades are highly leveraged, one or more margin calls could max out your credit card. Your credit card company could either impose a fee and/or freeze your credit card altogether until you've paid down your debt. This can have immediate consequences on your everyday life and that of your loved ones.

Know your credit card limit and manage your risks carefully when trading online with your credit card. Implement stop loss, take profit orders and other risk management strategies to cap your losses.

Plan for withdrawals

Last but not least, you’ll want to plan ahead for withdrawals before making your very first deposit. Most brokers will only allow withdrawals to the original source of funds - whether that is a credit card, debit card or bank account.

Brokers complying with anti-money laundering regulations and credit card company regulations may restrict the maximum credit card withdrawal to the amount deposited by card. Any profits above that can be withdrawn to a bank account in your name.

If you have deposited funds using multiple credit cards or bank accounts, most brokers will transfer funds to the last funding source - whether that is a credit card, debit card or bank account.

Read your broker's customer agreement carefully because withdrawal policies vary from one broker to the next.

FXTM

Trade 45 currency pairs and CFDs on shares, indices and metals with market execution ... More

easyMarkets

Trade Forex and CFDs on metals, commodities and indices on tight fixed spreads from a... More

AvaTrade

Trade 60 currency pairs on floating spreads, plus CFDs on crypto-currencies, stocks, ... More

HotForex

Trade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more on ... More