Forex Brokers with MasterCard

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 15, 2025

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• Jump to:
• Main features of the best MasterCard Forex brokers
• How to Deposit
• How to Withdraw
• Pros of Using MasterCard
• Cons of Using MasterCard
• Fees and Limits
• MasterCard Chargeback
• Security
• Conclusion
›

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

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 can find a comparison table of forex brokers that accept deposits with MasterCard. We rank them based on several factors, including regulation, spreads and commissions, Trustpilot rating, trading instruments, trading platforms, and deposit and withdrawal methods.

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

Main features of the best MasterCard forex brokers

How to fund a forex account with MasterCard

Making a deposit to your forex balance is not particularly difficult when using MasterCard. The whole process has been simplified as much as possible, making it both accessible and convenient. To make a MasterCard payment, you will need the information printed on the card itself. This includes the 16-digit number on the front, the expiry date, the cardholder’s name, and the 3-digit CVV code on the back.

To make a deposit, you will need to open the Payments page on the broker’s website and then find MasterCard in the list of supported card types. After that, enter the card details mentioned above and the amount you wish to deposit. When you confirm the payment, it will usually be processed instantly, with the money appearing in your balance right away. The whole procedure takes less than a minute, and the broker may give you the option to store your card details to make future deposits even quicker.

How to withdraw from a forex account with MasterCard

When you are done trading or simply wish to withdraw part of your balance, you will have the option to cash out with MasterCard. This procedure follows a similar logic to the one described above, so you should already be familiar with how it works. Go to the Payments page and select the Withdrawal option. From there, choose MasterCard and enter the amount you wish to remove from your balance.

The broker should have your credit card details, but if required, enter them again. When you confirm the transaction, the withdrawal request will be reviewed by the website’s staff. This can take between 1 hour and 2 business days, depending on the platform. Only then will the payment be issued, and you may have to wait between 1 and 5 business days for the transfer to clear. It is worth noting that you will need to verify your identity before the broker allows you to cash out.

Benefits of using MasterCard for forex trading

Using MasterCard has become quite popular among forex traders, and with good reason. The service offers many advantages over other banking solutions, and these will quickly become apparent once you start using it.

By far the most important advantage of choosing MasterCard is its near-universal acceptance. As a result, you will be able to use your MasterCard at virtually every forex broker on the Internet. Regardless of the website at which you wish to trade, you can rest assured that your card will be accepted.

Additionally, you will benefit from instant deposits, allowing you to start trading as soon as you confirm the payment. In comparison with more traditional methods, such as bank transfers, this processing speed is invaluable. If efficiency and speed are your primary concerns, you will have no problems using MasterCard.

Finally, credit cards are among the most accessible payment methods in the world. Because every bank offers them in some capacity, you will be able to acquire one easily from your local branch. Furthermore, you can shop around for the best deals by comparing offers from different banks.

Disadvantages of using MasterCard for forex trading

Of course, it would not be right for us to sing the praises of this credit card without also mentioning its inherent drawbacks. As it happens, there are a few, and you will no doubt be interested to know about them.

First and foremost, withdrawals via MasterCard are relatively slow and can take some time to process. On average, a MasterCard withdrawal will take between 1 and 5 business days to clear and for the money to appear in your balance. In contrast, other payment services can process withdrawals much faster, as in the case of e-wallets, where transactions are completed within 1 hour once issued.

On the other hand, a payment with a credit card is not made with your own money. Rather, the bank extends a loan, which you will have to repay eventually. In such scenarios, interest is often involved, along with fees for overdrafts and late payments. If that sounds like too much trouble, you should consider debit cards or alternative services. As it happens, there are plenty of others at your disposal, and you can read about them on our website.

Fees and limits when using MasterCard to trade forex

Of course, we also have to consider the cost of the service and how much you will be able to transact. However, because MasterCard is offered by multiple banks, providing precise numbers is quite difficult. Each bank has its own fee structure in place and, in all likelihood, no two institutions charge the same amount. You should review the deals that the banks provide and look for the best possible offer. If you invest the time, you may end up saving quite a bit in the long run.

As for transaction limits, these are determined by both the banks and broker websites. Credit cards will allow you to transact only as much credit as the bank is willing to extend to you. This will depend on your own means and your relationship with the bank. On the brokers’ side, transaction limits will vary between platforms and will also depend on your standing with each. The more you use a platform, the higher your standing and, likely, your limits. Therefore, be sure to pick the right forex broker from the outset.

MasterCard chargebacks on a forex account

If you ever become a victim of fraud while trading forex, you have several ways to get your money back. Generally, the bank will not allow you to be scammed in any event. First, it should be said that chargebacks should be used as a last resort, rather than the first option you choose. If you are able to withdraw your funds via the usual method, you should do so rather than issue a chargeback request. If a withdrawal is not immediately possible, contact the broker’s support team to see what the situation is; only when this option has been exhausted should you attempt a chargeback.

Chargebacks are handled by the banks once you submit the request. However, while you can issue a chargeback, the broker can dispute it. If it does, the matter can take weeks or even months to be resolved. Moreover, this will likely blacklist you from using that platform again. Therefore, we recommend chargebacks only in the direst circumstances.

Security when trading forex with MasterCard

The security of your funds and sensitive information should always be a top priority. There is plenty of scope for them to be misused on the Internet, and you should endeavour to protect them. Luckily, there are ways to achieve this without much hassle.

For starters, all legitimate broker platforms employ some form of encryption to prevent unauthorised individuals from gaining access to your information. This enciphers all data that you send to the broker, including your personal details and your credit card information. As a result, any potential wrongdoer will not be able to gain any benefit at all.

Additionally, you should make use of MasterCard SecureCode if you have that feature at your disposal. When you confirm a payment with MasterCard, you will be asked to provide a one-time passcode or verify your fingerprint, depending on how you have set up the system. It is simple yet effective at protecting your money. Best of all, it requires little effort on your part.

Conclusion

All in all, MasterCard is an excellent banking method for both new and experienced forex traders. It is accepted at practically all platforms and allows for straightforward bankroll management. Moreover, you will be able to move funds easily in either direction. The added security features further improve the service, and we believe that you should seriously consider it.