Compare the best brokers to trade forex with debit card

Seeking an easy way to trade forex? Trading with a debit card could be the way to go.
Tip: our preferred broker is, eToro: visit & create account

A debit card can be a fast and convenient payment method to use when trading forex. Read on to learn how to find the best brokers you can use to trade forex with a debit card, and the pros and cons of buying, selling, and trading currencies with a debit card.

Here are the best forex brokers that accept debit card

When searching for the best forex brokers that accept debit cards, you should consider a wide array of factors – from the fees they charge to the currencies available to trade – to make your final decision. We’ve compiled a list of the best forex brokers that accept debit cards in the table below. 

Min. Deposit
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Our score
Join the Social Trading revolution. Connect with other traders, discuss trading strategies, and use our patented CopyTrader
eToro is the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets
Largest number of currency pairs to trade
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eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro offers a wide range of currency pairs and other trading instruments. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
Min. Deposit
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Open an account in less than 5 minitues with the global Market leader since 2001
Trade on one of the world's most popular trading platforms with access to dedicated support and integrated trading tools exclusive to
We’ve spent over a decade investing in technology and building a deep network of liquidity partners, so we can consistently quote tight spreads in most market conditions.
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Founded in 1999, part of GAIN Capital Holdings. Licensed in highly regulated jurisdictions, FCA, IIROC, NFA, CFTC, CIMA,FSA. Payment methods ACH, debit card, bank wire transfer. $50 minimum deposit.
Payment Methods
Debit Card, Bank Wire, ACH, Credit Card, PayPal
Full regulations list:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Min. Deposit
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55+ currency pairs available
Trade on a trusted platform
24/7 support via live chats, email or phone call
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LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Payment Methods
Credit Card, Debit Card, Visa, Bitcoin
Full regulations list:
LonghornFX offers high-leverage trading on a wide variety of assets. Trading with leverage carries a degree of risk which may result in losing more than your investments. Clients should practise risk management to protect themselves from losing more than they can afford when trading with leverage.
Min. Deposit
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0% Commission Account
Low Spreads
Eco-Account Option
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CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.
Payment Methods
Bitcoin, Credit Card, Debit Card
Full regulations list:
Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.
Min. Deposit
Exclusive promotion
Our score
Can fund with BTC
64 global companies including Netflix and Amazon
Free deposits and withdrawals
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EagleFX is an online digital asset, Forex and CFD broker providing traders across the globe with cutting edge technology to trade the world’s markets. Our focus has been to change the way people trade Digital Assets and Forex. We are driven to provide traders with incredibly low-cost pricing across all Digital assets, FX, stocks, indices, commodities and futures along with industry-leading 24/7 live customer support.
Payment Methods
Credit Card, Debit Card, Bitcoin, Wire Transfer
Full regulations list:
EagleFX offers leveraged trading on a range of assets within its platform. CFD and Spot Forex trading do carry a degree of risk which may result in you losing more than your initial investment. Please ensure you fully understand the risks involved with leveraged trading and ensure this is not detrimental to your personal or institution's financial well being.

What is a debit card forex broker?

A forex broker is a service that lets you trade one foreign currency for another. A debit card forex broker is simply a broker that lets you trade forex using a debit card.

Pros and cons of trading forex with debit card

When deciding whether you should trade forex with a debit card, consider these potential benefits and drawbacks:


  • Convenient. If you already use a debit card for everyday purchases, you know that making transactions is a smooth and easy process. By linking your debit card account to your forex account, you can benefit from that same convenience. 
  • Inexpensive. Debit card transactions can often be less expensive in terms of fees than some other trading methods you might otherwise use to trade forex.
  • Fast Deposits. You can fund your forex account quickly using a debit card, allowing you to begin trading forex whenever you’re ready. 


  • Not anonymous. When you use a debit card to make a purchase, you are transmitting certain financial information and therefore don’t benefit from anonymity.
  • Volatility. Forex markets can be extremely volatile, and buying forex with a debit card is no exception. Be prepared for some unpredictable gyrations when buying forex with a debit card (or any other method). 

What are the fees and commissions when using a debit card to trade currencies?

Forex brokers charge commissions for debit card payments, and these will vary depending on your choice pof broker. Typically you can expect these to be a small percentage of your trade or deposit amount, and debit cards are one of the most inexpensive ways to trade forex. 

Our lists of top-rated brokers can help you narrow down your search based on the relative size of different brokers’ fees and commissions. 

What to look for in an FX broker that accepts debit card

If the forex broker you’re considering accepts debit cards, you then want to investigate whether the platform offers a good level of service. Consider these factors when choosing a forex broker that accepts debit cards:  

  • Low costs. Look for forex brokers that allow you to use a debit card without costing you too much money. Note that costs can come in multiple forms, including trading fees, commissions, or excessively wide price spreads. 
  • Variety of forex trading options. Many forex brokers provide multiple trading options. These trading options may include: spread betting, forex futures, and contracts for difference (CFDs). If you want to trade more than just forex, look for a broker that can help with all your trading activities.
  • Variety of currency pairs. Some of the most commonly traded currencies on forex exchanges are the British pound (GBP), US dollar (USD), and euro (EUR). Many forex traders offer far more foreign currency choices, however, and the currencies on offer will vary from broker to broker. If variety is important to you in terms of available currency pairs, choose your debit card forex broker accordingly.
  • Security. A high level of security is essential when choosing a debit card forex broker to handle your trades. You don’t want your hard-earned money or your financial data to become vulnerable to theft.
  • Great customer service. The best debit card forex brokers offer fast, helpful, and responsive customer service. This can be even more important if you’re a beginner investor who may have more questions than usual.

Is forex trading with a debit card secure?

Forex trading with a  debit card is usually secure, but you should always do your research to make sure your money is protected. The best debit card forex brokers offer robust encryption features that protect your data and keep your trading secure.

Do I need to provide ID when using a debit card forex broker?

Yes, you will need to provide identification when using a debit card forex broker. Forex brokers use ID verification as a way to protect against scammers, and to comply with anti-money laundering legislation. The verification process may include everything from basic financial and personal information to a photo ID. 

How to fund your currency trading account with a debit card

Different forex brokers can have slightly different procedures for making trades. Still, most follow a general framework of steps. Here are those steps:

  1. Find the payments page on your forex broker’s website or app.
  2. Select a debit card as your preferred payment option.
  3. Enter your debit card information.
  4. Enter the amount you want to deposit into your forex trading account.
  5. Click confirm.


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