Forex Brokers with Paypal

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: September 16, 2025

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• Jump to:
• Main features of the best PayPal Forex brokers
• How to Deposit
• How to Withdraw
• Pros of Using PayPal
• Cons of Using PayPal
• Fees and Limits
• Why Is Trading with a Regulated PayPal Broker Important?
• Security
• Conclusion
›

Are you looking for regulated and trustworthy forex brokers that accept PayPal? Our expert team of traders have tested numerous PayPal forex brokers using live accounts and have compiled a list of the best among them.

1. 

   Plus500 US

   Rating: 4

   This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

2. 

   eToro

   Rating: 4.2

   61% of retail investor accounts lose money

3. 

   Fusion Markets

   Rating: 4.8

   74-89% of retail's CFD accounts lose money

4. 

   FP Markets

   Rating: 4.9

   73.85% of retail investor accounts lose money

5. 

   Global Prime

   Rating: 4.7

   74-89% of retail CFD accounts lose money

6. 

   Pepperstone

   Rating: 4.4

   75.5% of retail investor accounts lose money

Below, you will find a comparison table of forex brokers that accept deposits via PayPal. We have ranked them according to several factors, including regulation, spreads and commissions, Trustpilot ratings, available trading instruments, supported trading platforms and transaction processing times.

Our team have thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.

Main features of the best PayPal forex brokers

How to fund a forex account with PayPal

PayPal is one of the best payment solutions for forex traders, as it enables fast, secure payments. You should experience no issues when topping up your online forex account if you choose PayPal as your preferred funding option.

If you have already chosen a broker to trade forex with and have created a live account, you can easily start using PayPal for deposits. All you need to do is navigate to the deposit section in your personal client area, select PayPal from the list of supported payment options, and enter the amount you would like to deposit.

You will then be redirected to the PayPal login page, where you must enter your sign-in credentials, including a valid email or mobile number and your password. This keeps the payment process very secure, as there is no need to provide any sensitive information, such as your credit card or bank account number. If you are using a mobile device with biometric authentication, you can easily log in to your PayPal account with a fingerprint or face recognition. Once you confirm the payment, the desired deposit amount will be credited to your forex account instantly.

How to withdraw from a forex account with PayPal

Most PayPal brokers support the method for both deposits and withdrawals. The payment process is very similar to depositing; the only difference is that withdrawals take longer to process because of the brokers’ internal verification procedures.

When you log in to your forex account, open the payment section in the client area and select ‘Withdrawal’. Next, select PayPal and enter the amount you want to withdraw. You will again be redirected to PayPal’s login page, where you must sign in to verify the transaction. As before, you will not be asked to provide any sensitive information.

Once you confirm your withdrawal request, it will usually take between one and two days for your money to appear in your PayPal account.

Benefits of using PayPal for forex trading

It is no surprise that PayPal is currently the most popular way to pay and get paid. The service is quick, easy to use and affordable, as transaction fees are relatively low. Many forex traders prefer to use PayPal for transactions because transferring funds from an e-wallet balance to a trading account is an incredibly streamlined process.

Speed is crucial for forex traders, as transaction delays may cause them to miss out on potentially profitable trading opportunities. Quick account funding is especially important for high-frequency traders such as scalpers and day traders. You should find the most convenient payment method to enhance the positive results of your trading activities. Apart from depositing money, PayPal can also be used to withdraw funds from your account, which is another benefit of choosing this method.

Forex trading is a risky business in itself, which is why traders should not take additional risks with the payment solutions they use to fund their live trading accounts. Security is another major positive of using PayPal. Transacting with this digital wallet does not require you to share any personal or financial information, as you only need to enter your PayPal login credentials when initiating deposits or withdrawals.

Most forex brokers do not charge additional processing fees for PayPal deposits, which renders the method suitable for small-scale traders with a limited budget. Last but not least, PayPal is available to users in over 200 countries worldwide, enabling them to register e-wallet accounts in 25 base currencies. In other words, traders are unlikely to incur additional fees for currency conversion when transacting with PayPal.

Disadvantages of using PayPal for forex trading

Although PayPal is used by over 400 million people worldwide, the wallet remains unavailable in more than 20 countries, including Paraguay, Montenegro, Monaco and Myanmar. We suggest you check PayPal’s terms and conditions and find out whether this payment method is available in your country. Of course, even if you cannot take advantage of PayPal’s services, there are still plenty of other payment methods you can use to deposit funds into your forex trading account. Viable e-wallet alternatives include Skrill, Neteller, AstroPay, MiFinity and Jeton, but you can always use your credit card or initiate a bank transfer.

As popular and widely available as PayPal is, not every forex broker accepts it for deposits. Keep in mind that if a forex broker is reputable, renowned and respected, it is almost certain that it will allow you to deposit and withdraw funds via PayPal.

PayPal’s Buyer Protection programme is primarily designed for tangible goods. It does not extend to digital goods, services or financial instruments like forex trading. This makes it a poor tool for recourse against a fraudulent broker. Also, if a trader has a PayPal account in one currency but wants to fund a trading account in another, PayPal’s currency conversion rates may not be the most favourable.

PayPal has quite a few restrictions when it comes to payments, which is why many forex brokers choose to accept payments via other e-wallets. The method requires registering an account and verifying it to increase one’s transaction limits, which some traders may find inconvenient.

The e-wallet’s stringent security policies can also be a nuisance. For instance, the company may choose to temporarily freeze your account in the event of suspicious transactions and do so with very little notice, preventing you from transferring any money from your available balance to your bank account.

It is also worth mentioning that PayPal’s security algorithms can be triggered by large, sudden transfers or frequent payments to new recipients. For a forex trader making multiple deposits or withdrawals, this could lead to a frustrating and unexpected account freeze, and possibly missed trading opportunities.

Fees and limits when using PayPal to trade forex

Many forex brokers accept PayPal, so deposit limits can vary significantly across different trading sites. With this in mind, many brokers impose minimum deposit requirements of between $100 and $200 for PayPal. Some brokers, like Fusion Markets and Pepperstone, have no minimum deposit requirements whatsoever, allowing customers to transfer any amount they wish to their live balance. The maximum amount you can deposit via this digital wallet is highly variable, but many brokers cap it at around $10,000.

Most forex brokers will not charge a fee if you decide to fund your trading account via PayPal. This is one of the reasons why this method is considered a good deposit option for forex traders, sparing them any unnecessary worries about additional charges. In rare instances, PayPal withdrawals may incur extra fees, but these are again broker-specific.

Although most brokers will not charge extra for deposits with this e-wallet, PayPal itself imposes additional fees for some of its services. These also vary from one region to the next. If the broker’s account currency differs from your PayPal account’s currency, PayPal will charge a currency conversion fee. For example, PayPal users in the United States pay an additional fee of 3-4% over the base exchange rate for currency conversion, while instant withdrawals from their PayPal balance to their bank accounts or cards will cost them 1.75% of the withdrawn amount.

Why trading with a regulated PayPal broker is important

When choosing a forex broker, you should be very careful. Make sure the firm is properly licensed and regulated, as this gives you legal recourse in case something goes wrong (which is highly unlikely with regulated brokers).

If a trader has a dispute with their broker, the regulatory body provides an official channel for mediation and complaint resolution, which is a powerful tool against an uncooperative or fraudulent broker. Unregulated companies offer no such recourse. Licensed brokers usually safeguard their customers with negative balance protection and segregate their funds, storing them separately from their operating capital.

Companies regulated in jurisdictions such as the UK, Australia and Europe commonly participate in investor compensation schemes to ensure all clients get their money back if a company files for bankruptcy. Under EU regulations, retail clients are entitled to investor compensation of up to €20,000, while retail traders from the UK can claim up to £85,000.

As for negative balance protection, it safeguards inexperienced traders from the pitfalls of using leverage and prevents them from slipping into debt when the markets move against them. The brokers implementing this measure liquidate all losing positions when a customer is unable to cover their maintenance margin requirements.

Last but not least, regulated PayPal brokers restrict the maximum leverage available to retail traders to mitigate the risks associated with margin trading. Leverage caps vary depending on the client’s country and the assets they trade. As a rule of thumb, the more volatile a given asset is, the lower the leverage ratio customers can use. EU, UK and Australia-regulated brokers cap the maximum forex leverage at 1:30.

Security when trading forex with PayPal

If you rely on PayPal for funding your forex trading account, you can be sure that your payments will be processed securely. In fact, some claim that using PayPal for depositing and withdrawing to and from trading accounts is safer than using credit or debit cards.

One of the reasons why this service is considered safe is that it does not require you to provide any sensitive information during the transaction process. When you initiate transactions with PayPal, you can log in to your e-wallet account with your mobile number or email address and PayPal password.

Tokenisation is another sophisticated security feature of PayPal. When a trader links a credit or debit card to their e-wallet account, PayPal does not share the actual card number with the forex broker during the transaction process. Instead, it uses a token or a unique identifier. This significantly minimises the risk of data breaches.

If you are trading on your mobile device, you can also set up biometric authentication to access your PayPal account with your fingerprint or via face recognition. This adds another layer of protection to your PayPal payments.

What is more, PayPal utilises the latest security technologies to protect your money and transactions. The payment processor uses 128-bit Secure Sockets Layer (SSL) and Transport Layer Security (TLS) protocols to encrypt data during transmission. Its dedicated security team is constantly monitoring for suspicious activity. Payments are monitored in real time.

Additionally, payments are monitored in real time with the help of advanced machine learning and AI algorithms. These systems analyse vast amounts of data, including device information, IP addresses, historical transaction patterns and user behaviour, promptly detecting and flagging anomalies that might indicate fraud.

PayPal is also compliant with the Payment Card Industry Data Security Standard (PCI DSS). This is a globally recognised standard for organisations that handle credit and debit card information, which ensures users’ card details are managed securely.

Conclusion

When you are looking for a safe method to top up your forex trading balance, you can rely on PayPal. Not all forex brokers accept payments via this digital wallet, but those that do are normally trustworthy and stringently regulated. This e-wallet facilitates easy, fast and secure payments, which is definitely something to look out for when you are trading forex.