In recent years, the use of PayPal as a means of funding forex trading accounts has become increasingly common. Traders value PayPal’s extensive range of accepted currencies, its accessibility from anywhere in the world, and the platform’s general cost and simplicity.
Best Forex Brokers That Accept PayPal
We put dozens of the top forex brokers in the business to the test, and using the substantial data that our research team obtained, we came up with this list of the top forex brokers that accept PayPal for both sending and receiving funds:
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IG
IG is the finest forex broker that we found that enables users to make deposits and withdrawals using PayPal. Thus we recommend that you sign up with them. IG is a publicly traded company that complies with all applicable regulations and holds licenses issued by more than a dozen worldwide regulatory bodies.
IG’s exceptional provision of tradeable markets and excellent variety of trading tools set it apart from its rivals and set it on a path to becoming the industry leader. The amount of minimum deposit required to open an IG account is determined by the country in which the trader resides and can range anywhere from $250 or €300 euros to as much as 2,500 Swiss francs (CHF).
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CMC Markets
CMC Markets is an excellent option for CFD and forex traders who wish to fund their trading accounts with PayPal. This broker offers affordable pricing as well as over 12,000 products that span practically every market and asset class.
CMC Markets is subject to stringent regulations and is publicly traded; in addition, the company’s Next Generation platform is robust, multifunctional, and replete with a plethora of tools and possibilities for personalization and setup.
There is no required minimum deposit amount while working with CMC Markets, regardless of which CMC Markets business you choose to work with (the United Kingdom, Singapore, Australia, Germany, or Canada).
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FOREX.com
Within the borders of the United Kingdom, FOREX.com is recognized as a reliable brand that takes deposits made using PayPal. The FOREX.com brand is a member of the StoneX group, which is a publicly-traded company, and it supports a broad number of deposit currencies and payment methods.
PayPal deposits can be made at FOREX.com with a minimum currency equivalent of 100 USD, EUR, or GBP per transaction; however, this feature is not available to corporate account holders and is not available in all countries, including the United States.
At FOREX.com, you are limited to a maximum transaction amount of $50,000 when using PayPal to make deposits.
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Pocket Option
Pocket Option entered the market for binary options in 2017 and quickly established a strong reputation within the sector. Pocket Option is among the most reliable binary options trading platforms, despite the fact that some online brokers of binary options have a less-than-stellar track record.
The process of creating an account is straightforward, and it is well suited for use by both inexperienced traders and seasoned professionals. They give access to a fantastic options trading platform to tens of thousands of traders worldwide.
More than a hundred different trading instruments are offered to foreign investors through Pocket Options, which also offer a variety of payment ways.
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