ASIC Australian Forex Brokers accepting PayPal

Once widely considered the world’s leading online payment processor, PayPal is still accepted by a fairly large number of forex brokers that are overseen by the Australian Securities and Investment Commission (ASIC). The payment platform also enjoys the benefit of having a recognizable brand all over the world, and users in nearly all countries are able to access the service.

Although PayPal remains popular with users around the world, it is worth checking the broker’s terms and conditions before using the service to fund a forex broker account. Keep in mind that although PayPal is transparent about how much the transfer costs, some brokers add an extra fee for processing payments with both PayPal and many other payment methods.