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Top 8 Best Paypal Forex Brokers 2019
Since the invention of the Personal Computer (PC) and the Internet, retail online trading expanded incredibly.
Every day new people get connected to the Internet for the first time, bringing a stiff competition among Forex brokers to bring in new customers. Choosing the right broker is not an easy task either, and PayPal Forex brokers have certain advantages.
Brokerage houses fight for each customer, making it difficult picking the right broker to trade with. The payment methods used for depositing and withdrawing the funds is just one way to differentiate them.
Besides the classic credit cards and wire transfer, there are Forex brokers that use PayPal as an option to deposit or withdraw money. And, for a good reason.
By offering such an option, the trader has the chance to deposit funds without filling in all the credit card fields, and so on. PayPal already did that.
On top of that, it is an efficient, low cost and quick process to deposit funds in the trading account. PayPal Forex brokers offer this funding option for all the advantages it brings: it’s a fast, secure, reliable and less expensive option to use on funding operation.
We’ve looked at a range of brokers and made a top eight best Forex brokers with PayPal list.
Check it now.
(This post is part of the top forex brokers list series)
Top 8 best Forex Brokers with PayPal 2019
Here’s our list of the major forex brokers that accept PayPal as a payment method.
1. eToro
eToro tops the list of best Forex brokers with PayPal. It is no wonder. With over a decade of experience in offering access to financial markets, eToro revolutionized the traditional money management industry. The PayPal option to fund or withdraw funds comes as complementary to the classical ways of doing banking with this broker.
- Regulations: CySec (#109/10) in Cyprus, FCA (583263) in UK and AFS (491139) in Australia
- Type: STP (Straight-Through Processing), NDD (No Dealing Desk)
- Leverage: 1:2 to 1:400, depending on the asset
- Minimum Deposit: $200-$500
- Headquarter: Limassol, London, Tel Aviv
- US Customers: No
- Other instruments: stocks, commodities, ETF’s, indices, cryptocurrencies
2. FxPro
FxPro is known as a transparent and trustworthy broker. With 50+ awards to this date and well over half a million client accounts opened to date, FxPro is without a doubt within the list of Forex brokers with PayPal deposit option.
- Regulations: In the UK by the FCA, Cyprus by CySEC, UAE by the DFSA, and the Bahamas by SCB
- Type: NDD (No Dealing Desk)
- Leverage: 1:10 to 1:500 depending on asset
- Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
- Headquarter: London, UK
- US Customers: No
- Other instruments: CFDs on futures, indices, shares, spot metals, spot energies
3. Pepperstone
An Australian based company, Pepperstone proud with very tight spreads and fast execution. It provides trading solutions for both veteran and less experienced traders, being one of the leading brokers in the industry.
- Regulations: In the UK by the FCA and in Australia by ASIC
- Type: Market maker
- Leverage: Ranges from 1:1 to 500:1
- Minimum Deposit: $200
- Headquarters: Melbourne, Australia
- US Customers: No
- Other instruments: CFDs, commodities, cryptocurrency
4. Plus500
As an international financial company active on the online trading services industry, Plus500 is a highly rated CFD (Contracts for Difference) provider. Topping the list under the criteria of Forex brokers PayPal withdrawal and deposit option, Plus500 proud with continued innovation and performant leadership.
- Regulations: Plus500CY Ltd authorized & regulated by CySEC (#250/14)
- Type: Market Maker
- Leverage: 1:30
- Minimum Deposit: $100
- Headquarter: Israel
- US Customers: No
- Other instruments: crypto, indices, commodities, shares, options, ETF’s, CFD’s
5. Markets.com
With an award-winning platform to trade CFD’s, Markets.com couldn’t miss the Forex brokers that accept PayPal deposit list. Operated by Safecap, this broker offers thousands of free real-time quotes.
- Regulations: FSB, CySEC, ASIC
- Type: STP (Straight-Through-Processing)
- Leverage: up to 1:300 depending on asset
- Minimum Deposit: $100
- Headquarter: Cyprus
- US Customers: No
- Other instruments: commodities, indices, ETF’s, stocks, bonds, cryptocurrencies, CFD’s
6. XTB
Voted as the highest rated FX and CFD broker, XTB is among the Forex brokers that use PayPal as an option to deposit and withdraw funds. Offering access to over one and a half thousand markets, XTB is one of the leading brokers in the financial services industry.
- Regulations: FCA
- Type: Market Maker
- Leverage: up to 1:200, depending on asset
- Minimum Deposit: $250
- Headquarter: U.K.
- US Customers: No
- Other instruments: commodities, CFD’s, indices, ETF’s, bonds, stocks
7. IC Markets
With a mission to offer outstanding trading conditions, IC Markets has over one million registered trading accounts. Offering access to a large number of markets, it tries to differentiate as a global authority in Forex.
- Regulations: ASIC
- Type: ECN
- Leverage: up to 1:500 depending on asset
- Minimum Deposit: $200
- Headquarter: Australia
- US Customers: No
- Other instruments: currencies, commodities, CFD’s, indices, ETF’s, stocks, bonds, cryptocurrenciees
8. Oanda
With many years of industry experience, Oanda is among the most respected PayPal Forex brokers. Offering guaranteed stop loss and multiple price views, Oanda is one of the most recognized names in the financial industry.
- Regulations: CFTC, DFSA, IIROC, MAS, NFA, FSA
- Type: Market Maker
- Leverage: up to 1:50
- Minimum Deposit: $1
- Headquarter: United States
- US Customers: No
- Other instruments: stocks, indices, commodities, CFD’s
Conclusion
This list of PayPal Forex brokers is meant to introduce the best names in the industry for retail trading. As the industry becomes more and more regulated in different jurisdictions, conditions might change overnight.
However, one thing is sure. The brokers that make up this list are good enough to face any scrutiny or change in regulation. After all, the only way to attract new clients is to differentiate the services in such a way to offer a competitive advantage. They all do, and will continue to do so.
