Best PayPal Forex Brokers For 2025

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best PayPal Forex broker in 2025 are those offering fast and secure transactions Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
Variety of trading instruments including Forex, stocks, commodities, and cryptocurrencies to diversify your portfolio
Low trading fees and tight spreads, reducing overall transaction costs and increasing potential profits

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best Forex brokers supporting PayPal in 2025:

Exness - Best raw spread account (avg. spread for major FX pairs 0.1-0.2 pips)
IC Markets - Biggest Forex broker by trading volume (average volume over 29B per day)
FxPro - Biggest choice of currency pairs (70+ FX CFDs)
Plus500 - Best premium client support (personal manager, exclusive analysis, webinars)
Pepperstone - Best for scalping strategies (spread from 0 pips)
OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
IG Markets - Favorable Forex trading conditions (0 fees, avg. EUR/USD spread - 0.8)

PayPal has become one of the most popular online payment platforms used by millions of people worldwide every day. With its widespread acceptance and ease of use, many Forex brokers have started offering PayPal as a convenient deposit and withdrawal method for traders.

This article aims to analyze and compare some of the top PayPalForex brokers available in the market for traders looking to use this payment method. The brokers are selected based on key factors like minimum deposit amounts, payment fees, supported currencies, available platforms, regulations, tradable assets and overall features. Details about depositing and withdrawing funds using PayPal with Forex brokers are also provided. Each broker's strengths are highlighted to help readers choose one that best matches their specific needs and location.

Best PayPal Forex brokers comparison 2025

Best Forex brokers that accept PayPal
	Currency pairs	Min. deposit, $	ECN Spread EUR/USD	Investor protection	Regulation level	Open an account
Exness	100	10	0,1	€20,000 £85,000	Tier-1	Open an account Your capital is at risk.
IC Markets	61	200	0,1	€20,000	Tier-1	Open an account Your capital is at risk.
FxPro	70	100	0,2	€20,000	Tier-1	Open an account Your capital is at risk.
Plus500	60	100		€20,000 £85,000 SGD 75,000	Tier-1	Open an account Your capital is at risk.
Pepperstone	90		0,1	£85,000 €20,000 €100,000 (DE)	Tier-1	Open an account Your capital is at risk.
OANDA	68		0,15	£85,000 SGD 75,000 $500,000	Tier-1	Open an account Your capital is at risk.
IG Markets	80	1	0,8	£85,000 €100,000 SGD 75,000	Tier-1	Study review

Exness Review

Open an account

Your capital is at risk.

Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 1 million active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.

IC Markets Review

Open an account

Your capital is at risk.

IC Markets stands out as a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more.
The broker provides ultra-fast execution with order speeds up to 40 milliseconds facilitated by its top-tier liquidity partners and processes over $29 billion in Forex trades daily. With a strong focus on active traders, it offers ECN accounts with raw spreads from 0 pips and leverage up to 1:500 (based on which regulator's rules apply to a trader's account). Copy trading is also well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC Markets clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.

FxPro Review

Open an account

Your capital is at risk.

FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.

What is PayPal?

PayPal is a widely-used online payment system that allows individuals and businesses to send and receive money electronically. With PayPal, users can link their bank account, credit card, or debit card to their PayPal account and use it as a virtual wallet to make secure online transactions.

Additionally, PayPal offers services such as sending invoices, making recurring payments, and tracking transaction history. It's considered a fast, convenient, and secure way to transfer money and make purchases online.

Is PayPal good for Forex?

PayPal is a widely used payment service that can be beneficial for Forex trading. Here are some benefits of using PayPal for Forex:

Convenient and easy to use. PayPal is easy to use and can be accessed from anywhere in the world with an internet connection. It eliminates the need to carry large amounts of cash or use wire transfers.
Secure. PayPal uses advanced security measures to protect users' financial information and transactions.
Fast and efficient. PayPal transactions are processed quickly, and funds can be transferred almost instantly with PayPal Instant Transfer.
Widely accepted. PayPal is widely accepted by Forex brokers, making it a convenient and accessible payment option for traders.
Supports multiple currencies. PayPal supports multiple currencies, which can be beneficial for Forex traders who operate in different countries and deal with different currencies.
Global reach. PayPal operates in over 200 countries, so you can use it to transact with Forex brokers from around the world.
Easy tracking. PayPal provides an easy-to-use platform for tracking your transactions.

What currencies does PayPal support?

PayPal supports a wide range of currencies, including:

US Dollar (USD)
Euro (EUR)
Pound Sterling (GBP)
Japanese Yen (JPY)
Canadian Dollar (CAD)
Australian Dollar (AUD)
New Zealand Dollar (NZD)
Swiss Franc (CHF)
Hong Kong Dollar (HKD)
Singapore Dollar (SGD)
Danish Krone (DKK)
Swedish Krona (SEK)
Norwegian Krone (NOK)
Mexican Peso (MXN)
Brazilian Real (BRL)
Czech Koruna (CZK)
Hungarian Forint (HUF)
Polish Zloty (PLN)
Israeli New Shekel (ILS)
Chinese Renmenbi (CNY)
Philippine Peso (PHP)
Thai Baht (THB)
Malaysian Ringgit (MYR)

Please note that some currencies have restrictions:

Brazilian Real (BRL) and Malaysian Ringgit (MYR) are only available for accounts registered in their respective countries.
While CNY is mentioned in the updated information, it is now listed as only available for certain cases, such as transactions within China. The current status of CNY can be checked on the PayPal website.

Does PayPal work in my country?

PayPal is available in many countries around the world, including the United States, United Kingdom, Australia, Canada, and most countries in the European Union. Some of the restricted countries include North Korea, Libya, and Syria.

What is the PayPal transaction minimum?

The minimum amount for PayPal transactions varies depending on where you're using it. PayPal doesn't set one standard limit, and different platforms or services might have a minimum deposit or withdrawal, usually between $1 and $10. It can also depend on where you're located or the type of account you have, so be sure to check the platform's guidelines to find out the exact limits.

How long is deposit and withdrawal with PayPal?

With PayPal, you can transfer money to and from your account quickly and easily. The standard transfer typically completes in 1 business day but depending on your bank's clearing process, it may take 3-5 business days. If you need the funds faster, you can opt for an instant transfer which charges 1% of your total amount.

Can I invest with PayPal without a broker?

No, you cannot directly invest in the Forex market through PayPal. PayPal is not a Forex broker and does not provide investment services. Instead, it's a payment service that allows users to securely and easily send and receive money online. While you can use PayPal to deposit and withdraw funds from a Forex trading account, it does not allow users to trade directly in the Forex market.

PayPal fees and commissions

PayPal offers a transparent fee system for depositing and withdrawing funds from brokerage accounts, making it a popular tool for Forex trading. However, users need to consider the fees, which may vary depending on the type of transaction and country.

Depositing funds

For domestic transactions, there is no fee for transferring funds via PayPal when using the wallet balance or a linked bank account. When paying with a credit or debit card, the fee is 2.9% of the transferred amount plus a flat fee ($0.30 for USD).

For international transfers, the fee reaches 5% of the amount, with a minimum of $0.99 and a maximum of $4.99. In addition, there is a currency conversion fee, which varies from 3% to 4% of the amount. This is especially true for traders working with brokers in other countries.

Withdrawals

Brokers usually do not charge a fee for withdrawing funds from a trading account to PayPal. However, when subsequently transferring to a bank account or card, PayPal may apply standard fees. Standard withdrawals take 1-3 business days and are free. Keep in mind that some brokers may charge a flat fee of around $2-3 per transaction, while others may charge a percentage of the total deposit or withdrawal amount. Instant transfers are processed faster, but incur an additional fee of 1% of the amount.

Comparison with other payment methods

PayPal offers the advantage of transaction speed compared to bank transfers, which can take up to 5 business days. However, PayPal’s international transfer and currency conversion fees are higher than alternatives such as Wise or Skrill. For example, Skrill’s currency conversion fee is 1.45%, making it a better option for larger amounts.

PayPal remains a convenient solution for quick transactions with Forex brokers, especially for small and medium-sized transactions. For larger transfers, traders should compare PayPal’s terms with alternative payment methods to choose the most cost-effective option.

Depositing and withdrawing money with PayPal

Depositing and withdrawing money through PayPal from a Forex broker account is a straightforward process that can be done in a few simple steps. Here's a step-by-step guide:

Log into your Forex broker account. To start depositing or withdrawing money from your Forex broker account, you need to log into your account using your account credentials.
Choose the deposit or withdraw option. Once logged in, look for the deposit or withdraw options in the account dashboard. Some PayPal brokers may have separate sections for depositing and withdrawing funds, while others may have a combined section.
Choose PayPal as the payment method. When depositing or withdrawing funds, choose PayPal as the payment method. Some PayPal brokers may have other payment options, such as bank transfers or credit cards, so choose PayPal.
Enter the amount. Once you have chosen PayPal as the payment method, you will need to enter the amount you wish to deposit or withdraw. Check the minimum and maximum deposit or withdrawal limits for your broker before entering the amount.
Confirm the transaction. After entering the amount, confirm the transaction by clicking the submit or confirm button. This will initiate the transfer of funds from your PayPal account to your Forex broker account or vice versa.
Wait for the transaction to be processed. Depending on your broker and the payment method you have chosen, the deposit or withdrawal process can take anywhere from a few minutes to several days to complete.

Keep in mind that some Forex brokers may charge additional fees for depositing or withdrawing funds through PayPal, so check the terms and conditions of your broker before making a transaction.

Pros and cons of using PayPal for traders

Using Forex brokers that accept PayPal can be a convenient way to fund your trading account. Here are the pros and cons of using this payment method:

Convenience. PayPal is a widely accepted and secure payment method that is easy to use.
Speed. PayPal transactions are typically processed quickly, allowing traders to access their funds sooner.
Security. PayPal uses advanced security measures to protect its users' financial information and transactions, giving traders peace of mind.
Wide availability. PayPal is available in many countries, making it a convenient choice for traders worldwide.

Fees. PayPal may charge fees for transactions, which can add up over time for frequent traders.
Limitations. Some countries may have restrictions on using PayPal for Forex trading, limiting its availability for some traders.
Risk of chargebacks. PayPal allows for chargebacks, which means that a trader may be at risk of losing funds if a transaction is disputed.
Limited options. Not all Forex brokers accept PayPal, so traders may have to choose from a limited pool of options.

Choosing a PayPal Forex broker, most beginners focus on ease of deposits/withdrawals

When choosing a PayPal Forex broker, most beginners focus on ease of deposits and withdrawals. However, it’s smart to choose brokers that offer PayPal’s refund support alongside protection against negative balances. While this feature is better known in online shopping, it can also help if a broker acts unfairly. Just ensure that the broker allows third-party arbitration in disputes. This gives you an added safety net beyond their regular terms. Also, consider brokers that waive inactivity fees for PayPal accounts, especially if you trade only occasionally. These brokers often pass PayPal's reduced processing costs back to their clients.

Here’s another lesser-known tip: pick brokers that allow instant PayPal deposits during major market announcements. Some platforms process funds instantly during high-volatility moments, letting you take action without delay. Another factor is weekend transaction fees — some brokers charge extra for PayPal deposits outside of regular trading days. Look for one that syncs their fees with market schedules so that your money is ready to trade without any surprises.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Conclusion

PayPal remains a popular choice among traders due to its convenience, speed, and high transaction security. Multicurrency support and global reach make it a versatile tool for working with Forex brokers. However, fees for international transfers and currency conversions may be higher than those of alternative payment services. When choosing a broker, it is important to consider PayPal support, transparency of fees, and transaction speed. To minimize costs, traders are advised to choose brokers that work with national currencies or use other payment methods with more favorable conditions. Comparing different options will help you find the best solution for effective trading.

FAQs

Is PayPal safe to use?

PayPal uses security technologies and fraud prevention systems to keep customer accounts and transactions protected. As long as proper precautions are taken, like strong passwords and enabling two-factor authentication, PayPal is generally considered very safe to use.

Is there a minimum deposit required to use PayPal for Forex?

Minimum deposit amounts required by brokers covered in the article range from $100 to $250. PayPal does not impose a minimum transaction limit for typical personal use, but brokers may have their deposit floors.

How long do PayPal deposits/withdrawals take with Forex brokers?

Processing times vary but PayPal transactions usually complete within 1-3 business days. Instant funding options are also available for a small fee with some brokers.

Can I use PayPal to trade cryptocurrencies through a Forex broker?

Yes, some brokers allow deposits via PayPal for trading cryptocurrencies on their platforms in addition to Forex. However, crypto availability and features vary between brokers.

Team that worked on the article

Maxim Nechiporenko has been a contributor to Traders Union since 2023. He started his professional career in the media in 2006. He has expertise in finance and investment, and his field of interest covers all aspects of geoeconomics. Maxim provides up-to-date information on trading, cryptocurrencies and other financial instruments. He regularly updates his knowledge to keep abreast of the latest innovations and trends in the market.

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.

Scalping

Scalping in trading is a strategy where traders aim to make quick, small profits by executing numerous short-term trades within seconds or minutes, capitalizing on minor price fluctuations.

Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Extra

Xetra is a German Stock Exchange trading system that the Frankfurt Stock Exchange operates. Deutsche Börse is the parent company of the Frankfurt Stock Exchange.

Wire transfer

A wire transfer is a method of electronic funds transfer in which money is sent from one bank or financial institution to another, typically across international or domestic boundaries. It involves the sender providing their bank with specific instructions, including the recipient's bank details and the amount to be transferred, and the funds are then electronically moved from the sender's account to the recipient's account.