3 Best PayPal Forex Brokers for 2026
For many traders, using PayPal can be a big convenience when moving money from one account to another, allowing them to transfer in different currencies with ease. That being said, not all brokers accept PayPal, as some can limit currencies or even slow down the process. With this in mind, I set out to identify the best brokers that accept PayPal deposits and withdrawals, with emphasis on those that make doing so simple and fast.
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I started by only testing brokers that have a high level of trust and protection for their clients. This means being heavily regulated, as well as being well-known by the trading community at large. Another point that I made was to find those that offer multiple currencies via PayPal, in order to find brokers that can be useful to traders in as many regions as possible.
I checked the deposit and withdrawal process and times, and selected only those that do not charge fees. I compared the overall costs to trade at these brokers to find the best value for you. I also tested the platforms, favoring the ones that combine ease of use and strong analysis features.
List of the Best PayPal Forex Brokers
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
4.6 | 4.1 | $100 | 1:500 (FSA) 1:500 (FSCM) · 1:500 (Unregulated) · 1:400 (FSCA) · 1:30 (ASIC) · 1:500 (CMA) | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. | |
4.8 | 5.0 | $0 | 1:30 (ASIC) 1:30 (CySEC) · 1:5000 (FSA) · 1:400 (CMA) · 1:200 (SCB) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
How Did I Select The Best PayPal Forex Brokers?
- I only tested brokers that scored well in our rating system.
- I only included brokers that are regulated with top-tier regulations.
- Only brokers that offered PayPal deposits in various currencies were included.
- I confirmed no additional charges or that the charges are minimal for payments or deposits in PayPal.
- I only chose brokers that offered low fees in general.
- Only brokers that provided user-friendly and feature-rich platforms are in this article.
Best Overall
- $100Min Deposit
- 10180Tradable Instruments
- MediumFees
Why We Picked It
FP Markets has been in business since 2005 and offers trading in forex, commodities, stocks, indices, ETFs, and cryptocurrencies. FP Markets is heavily regulated, with oversight from CySEC, ASIC, and FSCA. There is also an unregulated entity for offshore traders, registered in St. Vincent & the Grenadines.
PayPal Features:
- Accepted currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF
- No deposit or withdrawal fees
- Deposit time: Instant
- Minimum deposit: 200 USD or equivalent suggested
- Withdrawal time: 1 Business Day
- Additional deposit & withdrawal methods: Visa/Mastercard, Wire Transfer, Neteller, Skrill, UnionPay, BPAY, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking
FP Markets offers a large number of assets to trade, with over 10,000 CFDs available. The massive number is greatly influenced by the more than 10,000 stocks. The IRESS platform is a professional platform that has extensive technical analysis capabilities. Traders can also choose MetaTrader 4, MetaTrader 5, TradingView, and cTrader.
FP Markets offers low spreads in general, compared to the overall industry. An example of the spreads offered is a 1.0-1.2 pip spread in the EUR/USD, and GBP/JPY spreads ranging from 1.5-1.9 pips. There are no deposit or withdrawal fees, nor are there inactivity fees.
Pros and Cons
- 10,000+ instruments
- Competitive spreads
- PayPal accepted
- A wide range of tradable platforms
- VPS hosting
- The offshore entity is unregulated
Best for Professional Traders
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
IC Markets has been around since 2007, and is known by traders globally. IC Markets offers over 2,200 tradable assets, including forex, indices, commodities, stocks, bonds, crypto, and futures, via the CFD markets.
The ability to trade so many markets allows traders to get global exposure and the ability to spread risk around the markets.
PayPal Features:
- Accepted currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF
- No deposit or withdrawal fees
- Deposit time: Instant
- Minimum deposit: None
- Additional deposit & withdrawal methods: Wire transfer, Paypal, credit card, Skrill, Neteller, UnionPay, Bpay, FasaPay and Poli.
IC Markets offers over 2,200 markets to trade on its platforms. The platforms offered include MetaTrader 4, MetaTrader 5, TradingView, and cTrader. This allows most traders to find a platform they either know or are comfortable with. cTrader in particular is known for its excellent support of automated trading.
IC Markets also offers plenty of research and analysis tools, with Trading Central and Autochartist both available. The ability to fund in multiple currencies will also be useful to traders, as well as a free VPS service for those looking to automate their trading.
IC Markets has tight spreads in both the Standard and Raw accounts. The spreads overall are better than the industry average, which will make professionals happy about the cost savings. During the test, EUR/USD spreads on the Standard account ranged from 0.6 to 0.7 pips. The spread for Gold ranged between 18 and 20 cents. Raw accounts have a $3.50 commission per side, per lot, with even tighter spreads.
Pros and Cons
- Tight spreads
- Wide range of instruments to trade
- PayPal accepted
- Multiple trading platforms
- VPS hosting
- Research available
- Phone support not always available
Best Trading Platform
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
FxPro is a well-known and heavily regulated broker out of London. It has long been known for offering good trading conditions, and it also offers over 2100 markets for trading. The average execution of trades at FxPro comes in at an impressive 11 milliseconds.
PayPal Features:
- Accepted currencies: USD, AUD, EUR, HUF, IDR, MYR, GBP, ZAR, CHF, JPY, PLN.
- No deposit or withdrawal fees
- Deposit time: Instant
- Withdrawal time: 1 Business Day
- Additional deposit & withdrawal methods: Visa/Mastercard, Wire Transfer, Crypto, Google Pay, Skrill
FxPro has its own proprietary platform, which I used to test the broker. The platform is feature-packed and has a streamlined design that I found to be very intuitive to navigate. The platform has over 70 technical indicators, as well as several different chart configurations available. The design is one that makes it simple for even newer traders to use.
The order types on the platform include all basic and expected order types. One-click trading is also available, as well as strong watch list options, Depth of Market configuration, and flexible trading alerts. It is also impressive that the research offered at FxPro is integrated into the platform as well.
The FxPro Standard (commission-free) account has all-inclusive spreads starting at 1.2 pips. The ability to deposit without cost, including PayPal, will also make this an attractive broker.
Pros and Cons
- Market research available
- FxPro Trading Platform is a strong choice
- Advanced charting
- No deposit or withdrawal fees
- FxPro platform is in English only
All the Brokers We Tested
Update history
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About the Authors
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.