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Compare the best PayPal forex brokers

Looking for good forex brokers to buy stocks with PayPal? Good news: Many forex brokers around the world do indeed accept PayPal payments. But it’s important to make sure your PayPal broker of choice ticks other significant boxes. Our table below should give you the information you need to settle on a competitive, trustworthy forex broker that meets your trading needs.

FOREX.com
Key Features
Trade on popular Crypto markets
Go long or short on cryptos from 10p a point
A trading partner you can trust
Min Deposit
$50
United States
Start Trading View key features
Key Features
Trade on popular Crypto markets
Go long or short on cryptos from 10p a point
A trading partner you can trust
Top Coins
Payment Methods
Debit Card, Bank Wire, ACH, Credit Card, PayPal
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.
Forex trading involves significant risk of loss and is not suitable for all investors.
Xcoins
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
PayPal, Bank Transfer
Xcoins is trusted by over 250,000 satisfied customers globally. Buy Bitcoin and other digital currencies with a debit or credit card from a leading cryptocurrency exchange platform. Simply, Securely & without the wait.
eToro
Key Features
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
Automatically copy the trades of top Crypto traders
Deposit using PayPal + 9 other deposit options available
Min Deposit
$200
United States
Start Trading View key features
Key Features
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
Automatically copy the trades of top Crypto traders
Deposit using PayPal + 9 other deposit options available
Top Coins
  • ADA
  • BTC
  • XLM
  • XRP
  • LTC
Payment Methods
Credit Card, Debit Card, Wire Transfer, PayPal, Skrill, Neteller, Yandex, WebMoney, MoneyGram
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
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.
Paxful
Key Features
Min Deposit
$50
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
PayPal, Cash, Credit Card, Debit Card, Wire Transfer
Paxful is a global marketplace to securely trade Bitcoin with millions of users, using 350+ modes of payment.

What is a PayPal forex broker? 

A PayPal forex broker is simply a forex broker that allows you to buy stocks with PayPal. Many users around the world require different payment methods, with PayPal being one of the most prominent. People often want to know how to buy bitcoin using PayPal or ethereum with PayPal. This is also the same circumstance, you are just looking for the platform that accepts PayPal payments.

What is a ‘contract for difference’?

Forex brokers allow you to trade CFDs (contracts for difference). CFDs are investment derivatives that give you the ability to speculate on the price movement of investment assets – pairs of foreign currencies in this case. You’re betting on how those currencies will move in relation to each other, but you don’t actually own the currencies you’re trading. You only own the contract.

How to deposit and withdraw using PayPal

To make a PayPal deposit into your forex account, simply link your PayPal to your forex broker’s platform. Since PayPal funnels payments through both bank accounts and credit cards, you can then choose which of those two methods works best for your needs. It’s that simple to buy stocks with PayPal.

All of the brokers we’ve listed above accept PayPal. So when you log in, check the payment options (or funds) section. There, you’ll be able to link your forex trading account to your PayPal account. Some forex brokers only allow you to deposit or withdraw via PayPal. However, many will accept PayPal for both.

What should I look for in a PayPal forex broker account?

  • Find a regulated platform – In the UK, the Financial Conduct Authority regulates forex trading. Any reputable brokerage site will fall under the FCA’s regulatory jurisdiction. If you’re looking into forex and/or CFD trading elsewhere in the world, verify that the broker you choose also complies with the relevant regulatory bodies.
  • Variety of payment methods – Different brokers will accept different methods of payment. PayPal is now a widely accepted way to fund your brokerage account and choice of payment methods is expanding all the time. For instance, some platforms now accept payments in cryptocurrency. Pick a forex broker that allows you to deposit and withdraw funds in a way that works for you.
  • Suitable deposit and withdrawal limits – Different platforms will impose different limits on the amount you’re able to deposit or withdraw at any one time. Pick a broker that suits your needs, whether you’re an experienced high roller, or a cautious beginner.
  • Good reputation – With so many brokers and trading platforms to choose from, the prospect of narrowing down your search and picking the best one can be daunting. The good news is that CFD trading platforms have existed for a while, so many of them have a long enough track record to accrue a sizable number of user reviews. Those user reviews, along with media coverage and awards, should help you to figure out whether or not a platform has a strong reputation and can be trusted.
  • Design and ease of use – Learning how to make money by trading forex already takes work and study. Your trading platform shouldn’t require even more work just to figure out how to use it. Choose a platform that’s intuitively designed and easy to use. Is it easy to open a trade? Use high leverage? Or close a trade!
  • Variety of currency pairs Seven currency pairs dominate globally forex exchanges. That said, there are approximately 180 different legal fiat currencies around the world. If you’re interested in branching out beyond typical GBP/USD/EUR trades, seek out a broker that can facilitate a wider range of trades.

FAQs

ℹ Should I fund my forex trading account using PayPal?
ℹ Do you need to share your credit card information with your forex broker?
ℹ How does PayPal fund your account?
ℹ How widespread is PayPal usage by forex brokers around the world?
ℹ How much does it cost to fund a PayPal forex account?
ℹ Is it free to use PayPal?
ℹ Are PayPal accounts secure?
ℹ Is PayPal a safe way to fund your forex account?
ℹ Is PayPal a fast way to fund your forex account?
ℹ Any other features I should look for in a PayPal forex broker?
ℹ Where can I find the best Paypal forex brokers?
By Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.
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