The best Forex brokers that accept debit/credit cards in 2024
Best Forex broker that accepts debit cards is RoboForex
Forex brokers that accept debit cards:
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1
RoboForex - deposit fee - 0%, minimum card deposit $10
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2
Exness - deposit and withdrawal fee - 0%, minimum card deposit $10
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3
FxPro - deposit fee - 0%, minimum card deposit $100
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4
VantageFX - deposit and withdrawal fee - 0%, minimum card deposit $10
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5
AMarkets - deposit and withdrawal fee - 0%, minimum card deposit $1 - $100
For the best Forex trading experience, traders need a broker whose payment methods are stress-free and cost-effective. However, brokers that include credit and debit cards in their payment methods are your best option. And this is because of how safe and easy it is to use debit/credit cards to deposit into a crypto account.
So while you ensure that a broker is regulated and offers other trading incentives, checking if they include a debit/credit card option is paramount. To make the research process easier, TU experts have been able to make a list of the best Forex brokers with debit cards. RoboForex tops the list, but there are other great brokers, so continue reading to learn about the other debit and credit card brokers and their features.
You will learn about each broker:
Minimum deposit / withdrawal
Fees
Payout rules
Pros and cons
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What are the deposit limits for cards?
Deposit limits range across brokers but are commonly between $100 to $10,000 per transaction. Limits may be higher for verified accounts. Check individual broker policies.
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How long do card deposits take to process?
Card deposits are usually instant if approved. However, first-time deposits may take 1-3 business days to fully process. Subsequent deposits are faster.
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Can I withdraw funds back to my card?
Most brokers allow withdrawals back to the original card. Withdrawal limits and fees may apply. Other withdrawal options may also be available.
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Is there a fee for depositing with a card?
Most brokers do not charge a fee for card deposits. However, your card issuer may charge a cash advance fee or foreign transaction fee. Check with your bank on applicable fees.
The best Forex brokers accepting bank cards in 2024
It is simple to deposit and withdraw money from your trading account using a debit or credit card. But these payment methods may not be available to customers depending on where they reside, and some may even carry additional fees. Traders can visit the broker's website or get in touch with their support team for more details on the available payment options and any related fees. Below is a list of the best Forex brokers that accept debit cards.
Best Forex Brokers that accept debit/credit cards Comparison
| Broker | Debit/credit cards Support | Minimum Deposit | Other Payment Options | |
|---|---|---|---|---|
YES |
$10 |
SEPA, Bank transfer, Skrill, AdvCash, Perfect Money, Neteller, AstraPay, NganLuong Wallet, or JCB |
||
YES |
$10 |
Neteller, Skrill, Perfect Money, Webmoney, Tether, USD Coin, internal transfers |
||
YES |
$100 USD |
ACH transfer, wire transfer |
||
YES |
$200 USD |
ACH transfer, wire transfer |
||
YES |
$100 |
Skrill, Perfect Money, EasaPay, Neteller, MIR, bank transfer, Ethereum, Litecoin, Bitcoin, Tether (USDT), UZCard, HUMO |
||
YES |
$1 |
WebMoney, Skrill, Neteller |
||
YES |
$25 |
Bank transfer, Skrill, Neteller, Bitcoin, cryptocurrency, instant bank transfer, local banks, e-wallets |
||
YES |
100 EUR |
Electronic payment systems, Internet banking, bank transfers |
RoboForex - Best for all traders
RoboForex stands out when comparing the best Forex brokers that accept debit cards. Aside from being a top credit card broker, RoboForex integrates the best trading platforms like cTrader, R WebTrader, R StocksTrader, MT4, and MT5. They offer registered users access to over 9,400 trading instruments, a demo account, and a copy trading service.
To make deposits, users can use the broker's Forex credit card service, which is a faster payment method. Below are the features of these credit card brokers:
Extra features
Minimum deposit: $10
Minimum withdrawal: $1
Deposit fee: 0%
Withdrawal fee: 2.6% + 1.3 USD or 1 EUR
Processing time: 1 - 10 business days
👍 Pros
•Investors have two commission-free withdrawal opportunities from their accounts each month
•RoboForex automatically processes withdrawal requests and enables fund transfers to be completed in as little as one minute
•The withdrawal system is available every day of the week, around the clock
👎 Cons
•Processing bank cards can take 1 - 10 banking days
Exness - Best for Narrow Spreads
Exness is among the most popular Forex brokers that are duly regulated and offer traders amazing trading services. Trading platforms like MT4, MT5, Web Terminal, mobile platforms, and Exness Trade Terminal are available to traders. Additionally, they provide a demo account, training materials, social and copy trading services, and different payment options.
So if you are looking for the best Forex broker that accepts debit cards as a payment method, Exness is the broker you seek. The debit and credit card features when using this credit card broker are as follows.
Extra features
Minimum deposit: $10
Minimum withdrawal: $10
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: Withdrawals can take up to 10 business days, while deposits are processed immediately
👍 Pros
•Zero-commission trading
•The processing of bank card withdrawals and deposits happens instantly
•Traders have unlimited access to their money at all times, including on weekends and federal holidays
👎 Cons
•Before the money appears in your bank account, it may take up to 10 business days for the withdrawal request and processing to be completed
FxPro - Best for Negative Balance Protection
FxPro is among the best brokers, offering traders qualitative trading tools and services. New traders have access to the best trading tools, such as TradingView, VPS, an economic calendar, and trading calculators.
This broker provides traders with a free demo account where they can practice. FxPro users can trade commodities, shares, indices, futures, and currency pairs. Also, top trading platforms like cTrader, MetaTrader 4, MetaTrader 5, and Edge are available.
Furthermore, FxPro is among the Forex brokers that accept debit cards, which is a faster way of funding a trading account. Below are some features of the card payment method.
Extra features
Minimum deposit: $100
Minimum withdrawal: -
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: While withdrawals can take one to five banking business days, deposits happen instantly
👍 Pros
•FxPro accepts credit and debit cards, including Visa, Mastercard, and Maestro
•Credit/debit card payments are a quick and secure way to fund your trading account
•Typically, credit/debit card transfers happen instantly, and FXPro does not charge any fees when you use a credit/debit card to withdraw money
👎 Cons
•Depending on the bank, withdrawals could take a few days
VantageFX - Best for Fantabulous bonus policy
VantageFX offers novice and professional traders excellent trading resources, demo accounts, educational materials, and cost-free deposit and withdrawal options. Traders can choose between MT4, MT5, and WebTrader trading platforms. They are another top Forex broker that accepts debit cards. This credit card broker has the following features:
Extra features
Minimum deposit: $5
Minimum withdrawal: -
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: While withdrawals take three business days, deposits are processed immediately
👍 Pros
•For deposits or withdrawals, VantageFx does not impose any internal fees
•Instantaneous deposit processing
•Any deposit made with a debit or credit card is withdrawable
👎 Cons
•Transfer fees may apply to payments sent to and received from foreign financial institutions
AMarkets - Best for bonuses
AMarkets is among the top brokers that incorporate top trading tools and platforms, a demo, and training resources. Traders can trade with popular trading platforms like MT4 and MT5.
AMarkets offers users top payment options; they are among the best Forex brokers that accept debit cards. The deposit and withdrawal processes for traders are best when using credit and debit cards, which is a quicker payment option.
Extra features
Minimum deposit: $1 to $100, depending on the country
Minimum withdrawal: $1
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: While withdrawals take one to five business days, deposits are processed instantly
👍 Pros
•It ensures fast cash withdrawals and deposits
•This method of funding a trading account is among the most secure ones available
•Credit/debit card payment options are best because they provide instant deposits with no additional fees
👎 Cons
•You must finish identity verification, or the first stage of verification, to use a card
Forex4you - Best for Cent account
While being among the best credit card brokers, Forex4you offers traders the best trading platforms, software, and instruments. Traders can trade with platforms like MT4, MT5, and Forex4You. And there is an option for a demo account, copy trading services, scalping, or algorithmic trading.
Furthermore, Forex4you is a top Forex broker that accepts debit cards and other excellent payment method options to deposit and withdraw.
Extra features
Minimum deposit: $1
Minimum withdrawal: $20
Deposit fee: 0%
Withdrawal fee: 2.5 euros or 2.05. dollars
Processing time: While withdrawals take two to six business days, deposits are processed instantly
👍 Pros
•24-hour withdrawal system
•Transfers are processed quickly, and you can keep track of them in your account
•Forex4you's credit and debit card payment option is a convenient way to withdraw or deposit into your trading account
👎 Cons
•You must complete an ID verification to use a bank transfer or withdraw money using a Visa or MasterCard
OctaFX - Best for Tight spreads
OctaFX is known to have the best tight spreads, easy account setup, a low-cost MetaTrader platform, and no registration fees or commissions. This Forex broker includes scalping, hedging, and EAs with social copy-trading services. Additionally, there are instructional resources, Forex Academy videos, practice training accounts, and several payment options.
OctaFX is among the Forex brokers that accept debit cards, bank transfers, or direct deposits in over 100 countries. New traders on OctaFX are advised to use the credit and debit card payment options.
Extra features
Minimum deposit: $25
Minimum withdrawal: $20
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: While withdrawals take three business days, deposits take three to thirty minutes
👍 Pros
•It is a safe way to deposit money and get your profits back after trading currency pairs
•There is no maximum withdrawal amount
•There is no commission when you withdraw money using a debit or credit card
👎 Cons
•Your account has to be completely verified before you can request a withdrawal
Libertex - Best for usability
Libertex is a popular broker renowned for its excellent trading services, which include a user-friendly and intuitive trading platform. This licensed stock and CFD broker incorporates a trading web platform, stock market trading tools, cryptocurrencies, commodities, futures, metals, etc.
Libertex is among the top Forex brokers that accept debit cards and other safe payment methods. Below are some of the popular features of using the card payment option:
Extra features
Minimum deposit: $10
Minimum withdrawal: $10
Deposit fee: 0%
Withdrawal fee: 0%
Processing time: While withdrawals take two to five business days, deposits are processed instantly
👍 Pros
•For deposits or withdrawals, there are no extra costs
•Payments are made instantly using Visa, MasterCard, and credit cards
•Libertex's credit and debit card payment system is safe and secure
👎 Cons
•Credit card withdrawals typically take longer because the broker performs additional checks
What is a credit/debit card Forex broker?
Credit/debit card brokers are merely Forex brokers that accept debit cards as a funding method to transfer or deposit money. And traders can also withdraw their profits with debit and credit card options. Let's use the information below to understand some features of these electronic payment systems.
Are credit/debit cards good for Forex?
Yes, credit/debit cards are fantastic payment methods that many reputable Forex brokers have integrated to make the funding process simple for traders.
What currencies do credit/debit cards support?
The country in which a credit or debit card is issued determines the currency that it supports. The type of account you opened with the bank, which may be in USD, EUR, GBP, etc., is typically connected to a credit or debit card.
What is the credit/debit card transaction minimum?
The minimum or maximum transaction limit is set by the bank or credit union that issues the debit card. Cards may not have a minimum purchase requirement, but there is a spending cap that users must not exceed. While the daily spending limit on some debit cards is $1,000, $2,000, or $3,000, credit card limits are set to ensure you repay the money you borrow.
How long is the deposit and withdrawal process with credit/debit cards?
Deposits are made instantly, as opposed to withdrawals, which, depending on the bank, can take one to seven business days.
Should I choose Forex brokers that accept debit cards?
Yes. Forex brokers that accept debit and credit cards are recommended for novice and professional traders. Below are the benefits of signing up with brokers with debit cards:
👍 Pros of using Forex Credit/Debit card brokers:
• Forex brokers frequently use secure payment gateways and encryption protocols for debit card transactions
• Forex brokers that accept debit cards ensure instant deposits and faster withdrawals
• Transactions made with credit card brokers are cost-effective
• Trading with credit card brokers saves time
👎 Cons of using Forex Credit/Debit card brokers:
• You must pay a conversion fee when transferring funds into a currency other than the base currency
• Opting for the best Skrill Forex broker might not be the best course of action if you reside in a nation where Skrill is unavailable
How to choose a broker with a credit/debit card?
When choosing Forex brokers that accept debit cards, traders need to pay attention to the conditions for depositing/withdrawing. Additionally, they must verify if the broker is regulated, the types of accounts, trading platforms, trading instruments, leverage, etc.
Depositing and withdrawing money with a credit/debit card
Below are steps on how to deposit with a credit or debit card:
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1
Go to the website or app for your broker and log in. Open a new live trading account first if you are a new user
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2
Click "Deposit" after logging in
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3
Choose the bank card payment option
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4
Select the amount you wish to add to your trading account and click “Continue”
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5
Fill out a form that requests information about your transaction to notify the broker that you have transferred the funds. Alternatively, you can click "Confirm Request" and upload a screenshot or a picture of the transaction proof
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6
Wait for the money to show up in your account at this point
Withdrawing with a credit or debit card:
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1
After logging in, select the "Withdrawals" tab
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2
Please enter the desired withdrawal amount
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3
Choose the withdrawal method you prefer (such as a bank transfer or credit/debit card)
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4
Fill out the necessary fields for the withdrawal method you have selected
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5
Tap "Withdraw" to authenticate the process
Read also: Best Forex brokers that accept Google Pay in the TU article.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
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). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.