Perhaps the most widely used online payment method today, PayPal is also accepted as a funding method by many forex brokers that are regulated by the Financial Conduct Authority (FCA) in the UK. The service enjoys strong brand recognition in nearly all countries across the world, and is therefore often one of the first payment methods traders look for when choosing a forex broker to trade with.
PayPal was set up by the well-known Internet entrepreneurs Peter Thiel and Elon Musk in the US already back in the late 1990s. Since then, the company has spread to most countries in the world, and is today accessible for the vast majority of forex traders globally.
ActivTrades (2001)
Leverage: up to 1:400 *
Deposit: from 500 GBP
Spreads:
CityIndex (1983)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
Darwinex (2012)
Leverage: up to 1:30
Deposit: from 500 USD
Spreads:
FxPro (2006)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
IG Markets (1974)
Leverage: up to 1:200 *
Deposit: from 300 USD
Spreads:
Oanda (2001)
Leverage: up to 1:50 *
Deposit: from 20 USD
Spreads:
XTB Group (2004)
Leverage: up to 1:200
Deposit: from 250 USD
Spreads:
Z.com Trade (2011)
Leverage: up to 1:30
Deposit: from 50 USD
Spreads:
Axi (2007)
Leverage: up to 1:500 *
Deposit: from 1 USD
Spreads:
Plus500 (2008)
Leverage: up to 1:300
Deposit: from 100 USD
Spreads:
Pepperstone (2010)
Leverage: up to 1:200
Deposit: from 200 AUD
Spreads:
Think Markets (2010)
Leverage: up to 1:500 *
Deposit: from 5 USD
Spreads:
VantageFX (2009)
Leverage: up to 1:500
Deposit: from 200 USD
Spreads:
EBC Financial Group (2022)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Fortrade (2014)
Leverage: up to 1:200 *
Deposit: from 100 USD
Spreads: