Forex Brokers with Credit Cards

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: March 14, 2025

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

Are you looking for regulated and trustworthy forex brokers accepting credit cards? Our expert team of traders tested many forex brokers using real accounts and compiled a list of the best trading sites where you can deposit with your credit card.

1. 

   Fusion Markets

   Rating: 4.5

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

2. 

   FP Markets

   Rating: 4.8

   73.85% of retail investor accounts lose money

3. 

   Global Prime

   Rating: 4.5

   74-89% of retail CFD accounts lose money

4. 

   Pepperstone

   Rating: 4.5

   75.5% of retail investor accounts lose money

5. 

   Axi

   Rating: 4.4

   The vast majority of retail client accounts lose money

6. 

   XM Group

   Rating: 3.2

   72.82% of retail investor accounts lose money

Further in this article, you can find a comparison table of forex brokers accepting credit/debit card deposits. We ranked them based on several factors, including regulatory background, spreads and commissions, Trustpilot rating, trading instruments, supported platforms, and available payment methods.

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

Main features of the best Credit Cards Forex brokers

How to Fund Forex Account with Credit Card

Making a payment with a credit card is not particularly difficult. In fact, this is one of the simplest online payment methods, with millions of people using it on a daily basis. Furthermore, you will be hard-pressed to find an online forex broker that does not accept credit cards for deposits.

Forex trading sites strive to make banking easy and accessible for their entire customer base. While each website has its own peculiarities, the transaction process is similar across all brokers. To deposit with a credit card, you must access your live trading account with your login credentials and navigate to the payment section in the client area where you must select credit cards from the list of supported payment methods. You must then enter your preferred deposit amount and type in your credit card details, including its 16-digit number, expiration date, CVV/CVC number, and the name of the card holder.

Regulated brokers follow strict anti-money laundering and counter-terrorism financing policies, which prevent them from accepting payments from third parties. This is to say you can only use a credit card registered in your own name and cannot deposit with the card of a spouse, friend, or relative. In line with these requirements, many brokers will ask you to upload copies of the front and back of your credit card during the initial deposit process. This requirement is in place for verification purposes and aims to ensure you are the rightful owner of the card or payment method you used to deposit.

Double-check to ensure you have entered your card information correctly and confirm the transaction. Your preferred deposit amount will be posted in your account balance immediately in most cases, although you should allow up to one business day for the funds to reflect in your live balance.

How to Withdraw from Forex Account with Credit Card

When you initiate a withdrawal from your balance, you will find that the process is quite similar to depositing. Simply head over to the payments section in your account and select credit cards as your preferred withdrawal method. Enter the appropriate information, if required, and the amount that you wish to withdraw. It is important to note that most brokers automatically return withdrawals to the same payment method traders have used for deposits.

Once you send your withdrawal request, it can take some time for the broker’s financial department to review and confirm it. This review process can take one or two business days. When the department approves your withdrawal, it will take several more business days for the transaction to clear. This can range between 1 and 5 working days, depending on your bank and country of residence.

Something else to keep in mind is that you must verify your trading account before you can request a withdrawal. Identity verification involves uploading photos of a valid government-issued identity document (ID card, passport, driver’s license), recent utility bills, and photos of the front and back of the card. Ensure all information in your photos is legible to avoid further delays.

Benefits of Using Credit Cards for Forex Trading

Using a credit card comes with several benefits, which are the primary reasons why people choose them in the first place. There are many advantages that come with credit cards, but for now, we will focus on the main ones and give a brief rundown of each.

When you use a credit card for forex transactions, you can always rely on smooth and convenient payments. Credit card deposits are typically immediate, ensuring you never miss out on potentially lucrative trading opportunities. Credit card transactions are considerably faster than other commonly available payment solutions like the bank transfer, which takes several business days to process. Payments are often free as most brokers do not impose additional charges on card deposits. There are little to no transaction fees.

Initiating deposits and requesting withdrawals is incredibly straightforward with cards. All you have to do is enter the correct card information in the respective fields and confirm the payment. Many websites will allow you to save this data for your next deposit, so you only need to do it once. Most brokers accept Visa and Mastercard, so finding a reliable trading site where you can deposit and withdraw with your card should be relatively easy.

Disadvantage of Using Credit Cards for Forex Trading

Of course, credit cards are not the end-all, be-all of online transactions. For all their advantages, credit cards are not perfect and have some drawbacks you should also take into consideration. For instance, withdrawals via credit card are quite slow and can take several business days to process, based on your country of residence and your bank. Some payment solutions like Skrill, PayPal, and Neteller allow for considerably faster withdrawals. The slow processing times are something that you will have to get used to if you wish to withdraw with credit cards.

Another negative aspect of credit cards is that you have to provide sensitive information during the transaction process. While this data is protected by SSL encryption, it does leave a bad taste in some traders’ mouths. Much like the previous issue, this one can also be circumvented by using an alternative payment method.

When it comes to protecting your money and identity on the Internet, you should take no chances. Therefore, if you feel uncomfortable revealing your credit card information, you should best pick a different banking solution. Last but not least, we should mention the non-trading costs that often accompany credit card deposits. While most brokers waive their fees on card deposits, the card issuer or bank may charge you extra. These fees are bank-specific and something you should check beforehand.

Fees and Limits When Using Credit Cards to Trade Forex

As far as fees are concerned, we cannot provide any concrete information. Credit cards are offered by every bank and each has unique terms and fee structure. We recommend you contact a representative of your bank or visit its website to learn more about the fees you can anticipate.

As for brokers, they usually charge no additional fees on card deposits and withdrawals. When they do, they specify the additional costs during the transaction process. Fees for currency conversion may also apply if you deposit in a currency different from your base account currency.

Transaction limits are another important aspect to consider. Much like fees, the limits vary across brokers and banks. Spending limits also depend on the type of credit card you use. Going over that amount may result in over-limit fees, but these cannot exceed the amount the card holder has overspent.

In the United States, most issuers prohibit credit card holders from spending over their limit and transactions merely fail when this happens. As required by the Credit Card Accountability Responsibility and Disclosure Act of 2009, credit card holders must opt in and agree to the over-limit charges before the issuer deducts them.

Forex brokers also impose minimum and maximum limits on card transactions but these restrictions largely depend on where you trade. Most brokers require minimum deposits of $20 to $100, while the ceiling reaches $50,000 or more in some cases. Client categorization also matters. Professional traders can typically move larger amounts to and from their live balance.

Credit Card Chargeback on Forex Account

Credit card owners can request chargebacks in the event of fraud, duplicate payments, or transaction mistakes resulting from technical issues. Disputing a chargeback is also an option when the money was deducted from your card but the deposit amount did not reflect in your live trading balance. Chargebacks are not granted instantly when submitted as card issuers must first look into the reasons for the chargeback dispute. There are proper steps to take in this case.

There are proper steps to take in this case. You must first discuss the issue with representatives of the broker’s financial department and provide proof of the transaction. If this fails to help, you can escalate the issue to your bank. The timeframes for evaluating chargeback claims vary dramatically based on the policies of the card issuers. Disputing chargebacks should be your last resort as the process may take up to 120 days in some cases and the issuer may not honor your chargeback request.

Security When Trading Forex with Credit Cards

When discussing the disadvantages of credit cards, we mentioned that using them entails revealing sensitive financial information. You naturally do not want to have it compromised. The good news is all regulated forex brokers safeguard customers’ transactions with state-of-the-art SSL encryption to prevent sensitive information from getting intercepted during transmission.

Encryption keys are used in conjunction with complex algorithms to encode the transmitted data and render it unreadable. The intended recipient must decipher the data using a unique decryption key that transforms it into readable text. We should also mention that all regulated brokers operate in strict compliance with the Payment Card Industry Data Security Standards (PCI DSS), a set of rules minimizing the risks of data breaches and ensuring the security of clients’ sensitive information.

Conclusion

At the end of the day, credit cards pose a convenient and simple way to move funds to and from your forex trading account. They offer great flexibility and are available at just about every online trading site. While not entirely lacking disadvantages, cards facilitate timely, fee-free, and straightforward deposits and withdrawals at hundreds of forex brokers. If you don’t feel like dealing with bank transfers or e-wallets, cards may prove the right payment method for you.