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Affiliate Disclosure
Affiliate Disclosure adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Best Apple Pay Forex Brokers

Forex traders using devices running the iOS operating system may want to consider Apple Pay Forex brokers. Apple Pay offers an integrated solution for profitable traders to withdraw their profits and use them for follow-on transactions. Apple Pay has an estimated 500M+ users, but adoption among traders and brokers is relatively minor.

Our Apple Pay Forex brokers review explains what Apple Pay is and why iOS users should consider it. We also discuss the pros and cons and offer a guide on how to find competitive Apple Pay Forex brokers.

The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Deep liquidity & competitive commission-based Forex trading fees from $6.00 per lot
Quality affiliate program, including regional partnerships, & unlimited affiliate earnings
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Reasonable commission-free cost structure & fast order execution
Well-balanced asset selection, including cryptocurrencies, ETFs, and options.
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Competitive commission-based Forex trading fees & volume-based rebate program
Deep liquidity & excellent order execution with a 99.94% fill rate and no dealing desk
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
MT4/MT5 trading platforms for algorithmic and copy trading & fee-based Signal Start.
A well-balanced asset selection of 800+ assets & fast order execution with deep liquidity.
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Maximum Forex leverage of up to 1:1000 with negative balance protection
Well-balanced asset selection & competitive commission-free trading fees

  • FP Markets, ECN trading with leverage up to 1:500.
  • AvaTrade, Highly regulated, choice of fixed or floating spreads.
  • Pepperstone, Great ECN execution on MT4 platform.
  • DNA Markets, Super asset selection for Forex and cryptocurrency traders.
  • XM, Exception range of assets + negative balance protection.

Best Apple Brokers Comparison

Year Established
Execution Type(s)
ECN/STPMarket MakerNo Dealing Desk, NDDECN/STP, Market MakerMarket Maker
Minimum Deposit
Average Trading Cost EUR/USD
1.1 pips0.9 pips1.1 pips1.1 pips ($11.00)0.1 pips
Average Trading Cost GBP/USD
1.4 pips1.5 pips1.6 pips1.3 pips ($13.00)0.2 pips
Average Trading Cost Gold
$0.21 $0.29 $0.20 $0.12 $0.19
Trading Platform(s)
MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-basedOther, MetaTrader 4, MetaTrader 5, Web-based+MetaTrader 4, MetaTrader 5, cTrader, Trading ViewMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5, Proprietary platform
Islamic Account
Negative Balance Protection

FP Markets

In Summary ECN trading with leverage up to 1:500

FP Markets presents traders with a 12-plugin upgrade for MT4/MT5, Autochartist, and Trading Central. It also offers cTrader and the Iress system available in some authorities only. Besides integrated copy trading services in the MT4, MT5, and cTrader trading platforms, FP Markets offers its proprietary copy trading alternative, Myfxbook Autotrade, and fee-based Signal Start.

Traders get instant MT4/MT5 Apple Pay deposits, while Iress deposits take one business day. FP Markets ranks amongst the Apple Pay Forex brokers offering the broadest range of options for deposit currencies, as traders can deposit in the AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, and AED.

Read more on FP Markets »
4.6/5 in this category

Pros & Cons

  • Choice of trading platforms and auxiliary trading tools
  • Very competitive cost structure and excellent asset selection
  • Low minimum deposit requirement and leverage of up to 1:500
  • Well-regulated and trustworthy
  • Availability of Iress geographically restricted


In Summary Highly regulated, choice of fixed or floating spreads

AvaTrade ranks among the Apple Pay Forex brokers with the best education offering for beginners. Besides quality content published on its website, it also features its spun-out SharpTrader Academy. Trading tools like the Guardian Angel plugin for MT4/MT5 and the fee-based Ava Protect service, an insurance policy against losing trades, ensure first-time traders have a unique edge.

Traders get four proprietary trading platforms, including the user-friendly WebTrader and the mobile app AvaTradeGO, which have integrated Trading Central services. Copy traders can use embedded MT4/MT5 services or consider Ava Social and DupliTrade. An excellent high-paying affiliate partnership program for passive income also exists.

Read more on AvaTrade »
4.6/5 in this category

Pros & Cons

  • High-quality educational offering via SharpTrader
  • Excellent choice of trading platforms catering to various trading needs
  • Broad asset selection and cross-asset diversification opportunities
  • Well-regulated and trusted broker with oversight from a central bank
  • Trading costs competitive but nothing special


In Summary Great ECN execution on MT4 platform

Pepperstone features the most competitive MT4/MT5 trading environment. It provides a 28-plugin upgrade plus Autochartist, supports API trading, and offers VPS hosting for low-latency 24/5 algorithmic trading. Capitalise AI enables algorithmic trading in a code-free environment. The cTrader platform is available as another option. Pepperstone connects social traders to TradingView, where they join 50M+ traders to share and discuss ideas.

The Premium client service grants access to a volume-based rebate program, meaning Pepperstone is one of the leading Apple Pay Forex brokers for high-frequency and high-volume traders. Copy traders can use Myfxbook Autotrade and DupliTrade or embedded MT4, MT5, and cTrader services.

Read more on Pepperstone »
4.5/5 in this category

Pros & Cons

  • Excellent choice of trading platforms consisting of MT4/MT5, and cTrader
  • Market-leading MT4/MT5 upgrade package, Autochartist, and API trading
  • Social trading support via Myfxbook, MetaTrader Signals, and DupliTrade
  • Leverage of up to 1:30 and superb trade execution
  • Demo accounts have 30-day time limits

DNA Markets

In Summary Super asset selection for Forex and cryptocurrency traders

DMA Markets landed a place within my best Forex apps for iPhone listing for its low trading fees. The commission-based account features raw spreads from 0.0 pips for a commission of $6.00 per 1.0 standard round lot, and DNA Markets allows micro lot trading from 0.01 lots or 1,000 currency units.

The minimum deposit is $100, and DNA Markets instant deposits via credit/debit cards using Apple Pay, while withdrawals can take two to five business days. DNA Markets has no restrictions on trading strategies, including scalping and algorithmic trading using EAs, and pays the first three months for Signal Start.

Read more on DNA Markets »
4.5/5 in this category

Pros & Cons

  • Competitive, commission-based trading fees
  • Choice of payment processors, including cryptocurrencies
  • Excellent choice of Forex and cryptocurrency pairs
  • MT4/MT5 trading platforms for algorithmic and copy trading
  • Limited commodity asset selection and no ETF trading


In Summary Exception range of assets + negative balance protection

XM upgrades the MT4/MT5 platforms with six plugins, and its three trading account types are available from a minimum deposit of only $5, which includes a micro account. It also offers a $100 no-deposit bonus plus deposit bonuses up to $5,000, while the XM loyalty program rewards active traders. It makes XM one of the leading Apple Pay Forex brokers for beginners and those with smaller portfolios.

Beginners benefit from an excellent research and education portal. The former includes actionable trading ideas, while the latter features interactive content via XM Education Rooms. XM also offers a high-paying affiliate program.

Read more on XM »
4.2/5 in this category

Pros & Cons

  • Outstanding trading tools and loyalty program
  • Low minimum deposit, high leverage*, and competitive trading cost
  • Excellent research and education
  • Trustworthy and transparent with generous bonuses and incentives
  • Inactivity fee

What is Apple Pay?

Apple Pay, developed by Apple Inc, is a digital wallet and payment processor operational on all Apple iOS devices. It allows Apple users to make transactions at millions of supported outlets, online and offline, and it supports near-field communication (NFC) for contactless payments. Given how Apple invests in its infrastructure and integration, Apple Pay enjoys a notably higher user adoption rate than Google Pay on Android devices.

Despite the broad-based usage of Apple Pay among Apple users, there are few Apple Pay Forex brokers. Google Pay has significantly lower usage rates among Android users. Still, there are more Google Pay Forex brokers than Apple Pay Forex brokers. Before using Apple Pay to fund brokerage accounts, traders must link their credit/debit cards to Apple Pay. Millennial and GenZ traders, who prefer mobile apps and copy trading, are likely to drive the rise of usage of Apple Pay among active traders, which should result in more Apple Pay Forex brokers.

How Does Trading with Apple Pay Work?

Before traders can use Apple Pay to deposit with their Apple Pay Forex brokers, they must open and verify their trading accounts. Account verification is mandatory at regulated brokers in compliance with AML/KYC rules set by the governing bodies within different jurisdictions. A copy of their government-issued ID and one proof of residency document issued within the previous three to six months is usually required to satisfy verification requests.

Traders must also have an Apple iOS device and link a credit/debit card to their Apple Pay app.

Verified traders who have linked their credit/debit card to their Apple Pay app can fund their account by following the below steps:

1. Log into the dashboard of your Apple Pay Forex brokers or use the mobile app.

2. Locate the funding page either in the top menu or sidebar.

3. Traders with multiple trading accounts must select the one they wish to fund and choose Apple Pay as their payment processor.

4. Enter the desired deposit amount and confirm the transaction. Apple Pay uses your linked credit/debit card to complete the transaction.

5. With near-instant deposit completion times, traders can start trading Forex with their Apple Pay Forex brokers, usually within seconds.

Why Use Apple Pay as Your Deposit/Withdrawal Method?

Apple users often prefer to use Apple services. Apple Pay Forex brokers allow fast and secure payment via Apple Pay and credit/debit cards. Depositing times are instant to near instant, and traders who prefer mobile apps can deposit and trade within seconds. Leveraged traders who face a margin call can also quickly respond to requests for funds to avoid forced position closure, as most Apple users have their Apple devices, including smartwatches, constantly nearby.

Pros & Cons of Using Apple Pay When Trading

Before opening a trading account with Apple Pay Forex brokers, traders should consider the pros and cons.

The pros of Apple Pay Forex brokers are:

  • Instant deposits
  • Secure transactions
  • Integrated transactions for mobile users
  • User-friendly interface

The cons of Apple Pay Forex brokers are:

  • Few brokers offer Apple Pay
  • Brokers that accept Apple Pay only permit deposits.
  • Only available on Apple devices
  • Data submission to Apple

How to Pick a Decent Broker Offering Apple Pay

Apple Pay Forex brokers should offer traders a competitive trading environment like any broker.

Here is a checklist of what Apple Pay Forex brokers should provide:

1. Low trading fees: Trading fees can reveal which strategies Apple Pay Forex brokers actively support and passively discourage, and fees directly impact profitability.

2. Regulation and operational history: A clean regulatory record of 10+ years suggests a well-run broker.

3. Algorithmic trading platforms: Since 80%+ of daily Forex volumes are algorithmic, traders should ensure they get access to MT4, MT5, or cTrader.

4. Deep liquidity and excellent order execution: Deep liquidity for tight spreads and efficient order execution allows traders to transact at displayed prices without constant negative slippage.

5. Asset selection: Apple Pay Forex brokers must offer assets traders want to trade.

Bottom Line

Apple Pay Forex brokers offer Apple users fast processing times and secure transactions. The Apple Pay app features a user-friendly interface, but it is only available on Apple devices. It does not support cross-device functionality like other payment apps like Google Pay. Few Forex brokers have integrated Apple Pay, and most only support deposits, negating the benefits of seamless follow-on transactions and withdrawals. Traders must also feel comfortable submitting data to Apple, which most frequent users accept.

You might also be interested in reviewing the below top brokers:


Can I buy stock with Apple Pay?


Apple Pay is not an investing or trading app but a payment processor and digital wallet. Investors and traders may use Apple Pay to fund their brokerage account if their broker supports it to buy stocks but cannot purchase assets directly from within the app.

Who accepts Apple Pay?


Apple Pay has many customers spanning multiple industries that integrate its services as a payment processor. Many stores, restaurants, web-based companies, and other service sector companies accept Apple Pay. Some brokers offer Apple Pay, but the adoption could be more significant, and many traders use competing and more established payment processors.

What are the disadvantages of Apple Pay?


Many brokers do not accept Apple Pay, and most who offer it for deposits do not allow it for withdrawals. Security is another issue, as users transmit personal data to Apple with each transaction.

Is Apple Pay safer than PayPal?


Apple Pay and PayPal provide users with an equally secure payment processor. Still, PayPal counts more brokers as clients than Apple Pay.

Christopher Lewis
About Christopher Lewis

Christopher Lewis has been trading Forex for several years. He writes about Forex for many online publications, including his own site, aptly named The Trader Guy.