Top 3 Best Forex Brokers that Accept Apple Pay 2024

This guide explains how to find the best Apple Pay forex brokers. Follow our simple walkthrough to make your first deposit.
By:
Updated: Jun 19, 2024
Listen

What you’ll learn:

Copy link to section
  • The best Apple Pay forex broker for your budget
  • How to sign up and link Apple Pay to your forex account
  • How much Apple Pay deposits cost and how safe each broker is

What are the best Apple Pay forex brokers?

Copy link to section

The best forex broker that accepts Apple Pay is Start Trading .

Here are some more Apple Pay forex brokers with low fees, top security, and fast execution speeds:

How to trade currencies with a Apple Pay forex broker

Copy link to section

It takes about 10 minutes to sign up for an account with a forex broker. Apple Pay is a simple way to deposit the money to fund a trading account. Here’s how to get started. 

Step 1. Sign up with Start Trading

Copy link to section

We recommend Start Trading as the best Apple Pay forex broker.

Create an account by supplying your email address, along with some contact details, and ID verification.

Step 2. Go to the payment page on your broker’s website or app

Copy link to section

This is normally situated in the menu bar or sidebar navigation. Look for a ‘deposit’ or ‘bank’ button.

Step 3. Select Apple Pay as your preferred payment method

Copy link to section

Find Apple Pay from the drop down list of ways to transfer money. Select it to set Apple Pay as your default deposit and withdrawal method.

Step 4. Enter the amount you want to deposit into your forex trading account

Copy link to section

Decide how much you want to start with. You may be asked to log in or approve the transaction by Apple Pay before it goes through.

Step 5. Trade your first currency

Copy link to section

Search for a currency pair, such as USD/GBP or GBP/EUR, enter how much you want to spend, and execute the trade.

Sign up & start trading

Quick answers to key questions

Copy link to section

What is a Apple Pay forex broker?

Copy link to section

A forex broker lets you trade one foreign currency for another to take advantage of price movements of different currencies. A Apple Pay forex broker is a trading platform that lets you make deposits and fund your account with Apple Pay. 

What are the fees and commissions when using Apple Pay brokers?

Copy link to section

It depends on the broker. The difference between a broker’s buy and sell price for each currency is the main cost of trading. This cost (known as the ‘spread’) is the same regardless of how you decide to fund your account.

There may be additional fees for depositing or withdrawing funds to your Apple Pay account. Apple Pay fees can vary and are likely to be higher than using a direct bank transfer.

Spend some time researching online brokers to avoid any surprising hidden costs.

Is it safe to trade forex with Apple Pay?

Copy link to section

As long as you pick the right platform, yes. Regulated brokers provide investor protection in accordance with local financial regulations. All of our recommended brokers are regulated, but you can check by searching for its registration number with the local regulator.

The best Apple Pay forex brokers also offer robust encryption features that protect your data and keep forex traders secure. 

Do I need to provide ID when trading forex with a Apple Pay broker?

Copy link to section

Yes, you will need to provide identification when using a forex broker that accepts Apple Pay. A verification process is standard procedure for all the best brokers, as they have to comply with KYC financial regulations.

The verification process may include anything from some basic financial and personal information to a photo ID. 

Can I use MetaTrader 4 with forex brokers that accept Apple Pay?

Copy link to section

Yes. MT4 is a piece of trading software that’s popular with forex traders and available with most brokers. You can download the MetaTrader software and link it to any of your broker accounts.

The same applies to MetaTrader 5, which is simply the latest version of the software.

Do many forex brokers accept Apple Pay?

Copy link to section

Yes, Apple Pay is just a means to pay with a debit or credit card from your mobile phone. Lots of forex brokers accept this.

If they don’t, the alternative is to just use your card directly. Every broker accepts card payments, so you can easily fund your account in a few different ways.

Pros and cons of using Apple Pay to deposit funds

Copy link to section

When deciding if you should start trading forex with an Apple Pay broker, consider these potential benefits and drawbacks:

Pros

Copy link to section
  • Convenient. If you already use Apple Pay for everyday purchases, you know how convenient it is to make instant purchases digitally. Likewise, by linking your Apple Pay account to your forex account, you can benefit from that same convenience. 
  • Fast deposits. You can fund your forex account quickly using Apple Pay, allowing you to begin trading forex whenever you’re ready. 

Cons

Copy link to section

What to look for when trading forex with Apple Pay brokers

Copy link to section

Once you’ve established that the forex brokers you’re considering accept Apple Pay, you can begin to narrow your search. Consider these factors when choosing a forex broker that accepts Apple Pay

  • Low fees. Look for forex brokers that allow you to use Apple Pay, but without taking too much money out of your pocket with high fees or excessively wide price spreads.
  • Variety of forex trading options. Many forex brokers like to have multiple trading options at their disposal, including spread betting forex brokers, futures, and CFDs trading. If variety matters to you, look for a forex broker that offers a variety of different trading options.
  • Range of currency pairs. Some of the most commonly traded currencies on forex exchanges are the British pound (GBP), US dollar (USD), and euro (EUR), but there are many more currencies that forex brokers can help you trade. If that matters to you, look for a broker that offers a large number of currencies and trading pairs.
  • Security. A high level of security is essential when choosing a broker to handle your trades. You’re trusting the platform with your money, after all.
  • Great customer service. The best brokers will offer fast, helpful, and responsive customer service, with some of them even doing so on a 24/7 basis.
Sign up & fund account

FAQs

Copy link to section
What currencies can I trade with Apple Pay?
Are there limits to how much I can trade with Apple Pay?
What other payment methods can I use when trading forex?
What is forex trading?
How can I keep up with the foreign exchange market?
What currency pairs do Apple Pay brokers offer?
What charges are usually applied with a currency exchange?
What’s the best way for a beginner to learn about forex trading?
What is Apple Pay?
Who regulates forex brokers in the UK?
Who regulates brokers in the United States?
Who regulates brokers in the rest of the world?
Is trading forex with Apple Pay recommended for beginners?
OK, I’m ready to choose a broker


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.