PayPal is a convenient on-line payment system that is widely accepted in the USA, Canada and the United Kingdom. Forex brokers that use PayPal deposits are often good-standing companies and most notably trustworthy. Many Forex brokers support PayPal payment system as an option for the deposit and withdrawal of funds from traders’ accounts. Money sent to and from Forex accounts are quick, efficient and the process is low cost.
Normally, while Forex brokers don't charge any processing fees, Paypal charges users a small fee for transferring or receiving funds. The PayPal fee is currently approximately 3% of the value of the transaction. To view the top PayPal Forex brokers, scroll down to our list below.
Highly regulated, choice of fixed or floating spreads
Up To $5000
MetaTrader 4, Proprietary platform, Web-based
MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC
Best broker for social traders and crypto traders
CySEC, FCA, ASIC
Wide range of CFDs + trailing stop losses
CySEC, Financial Conduct Authority (FCA), ASIC
Choice of top trading platforms, wide range of assets
MetaTrader 4, xStation, xAPI
FCA, IFSC, CNB, AMF, ACPR, KNF