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PayPal Forex Brokers
When it comes to supported payment options, most forex brokers stick to standard methods like bank transfers or credit cards. Quite a few, however, offer alternative deposit and withdrawal methods as well – like PayPal for example.
PayPal is an online wallet that offers its users a number of benefits. What we like the most is the relative anonymity, and the fact that payments are fast and secure. When paying with PayPal, you don’t disclose your credit card or bank details to the merchant (in this case – the broker) – and in most cases your transactions are processed immediately through a secure, SSL connection.
PayPal withdrawals are generally not instant, however they are pretty fast – some brokers process them within24 hours so you get your profits into your PayPal account on the next day.
One thing that you should keep in mind about PayPal is that there are fees for sending money into your PayPal wallet. If you are funding it with a credit card, for example, you would need to pay a a fee of $0.30 + 2.9% of the transferred amount. If you are managing a larger forex portfolio, you should also keep in mind that the maximum amount allowed for a single PayPal transaction is $10,000.
Below is Here is a list of forex brokers, accepting PayPal.
PayPal Forex Brokers
Broker | Country | Regulation | Min.deposit | Review |
Australia, Cyprus | ASIC, CySEC | $100 | Review Website | |
UK, Australia, Singapore | FCA, ASIC, MAS, BaFin | $0 | Review Website | |
UK, Cyprus, UAE, South Africa | FCA, CySEC, DFSA, FSB | $100 | Review Website | |
US, UK, Canada, Australia, Japan, Singapore | CFTC/NFA, FCA, ASIC | $1 | Review | |
Cyprus, UK | CySEC, FCA | $200 | Review | |
Australia | ASIC | $500 | Review | |
UK, Cyprus, Australia | FCA, CySEC, ASIC | $100 | Review | |
Australia, UK | ASIC, FCA | $200 | Review | |
UK, Australia | FCA, ASIC | $250 | Review | |
Bulgaria | FSC, BNB, FCA, CNVMR | $100 | Review | |
BVI | FSC | $250 | Review | |
UK | FCA | 1000 GBP | Review | |
Australia | ASIC | $1 | Review | |
Cyprus | CySEC | $100 | Review | |
Australia | ASIC | $200 | Review | |
UK, Cyprus, Australia, Estonia | FCA, CySEC, ASIC, EFSA | $200 | Review | |
Japan | FSA | $1 | Review | |
BVI | FSC | $300 | Review | |
Georgia, SVG | No | $1 | Review | |
Cyprus | CySEC | $1 | Review | |
Latvia | FCMC | $500 | Review | |
UK | FCA | $500 | Review | |
Bulgaria | FSC | No | Review | |
Cyprus | CySEC | $100 | Review | |
Bulgaria | FSC | $100 | Review | |
Bulgaria | FSC | €100/$130 | Review | |
Cyprus | CySEC | $50 | Review | |
Malta | MFSA | $250 | Review | |
Australia | ASIC | $200 | Review | |
Isle of Man | Gambling License | $5 | Review | |
Finland | N/A | $200 | Review | |
New Zealand | N/A | $25 | Review | |
Marshall Islands | N/A | $10 | Review | |
St. Vincent and the Grenadines | N/A | $10 | Review | |
UK | No | $500 | Review | |
Belize | IFSC | $100 | Review | |
SVG | FSA | $250 | Review | |
SVG | None | $250 | Review | |
SVG | SVGFSA | $50 | Review | |
UK | N/A | $10 | Review | |
Marshall Islands | N/A | $50 | Review | |
Belize | IFSC | $10 | Review | |
Seychelles | FSA | $100 | Review | |
Vanuatu | VFSC | $100 | Review | |
Indonesia | BAPPEBTI | $10 000 | Review | |
Ukraine | N/A | $200 | Review | |
Belize | IFSC | $1 | Review | |
Marshall Islands | N/A | $100 | Review | |
UK | N/A | $200 | Review | |
Vanuatu | VFSC | $100 | Review | |
UAE | SCA | $100 | Review | |
British Virgin Islands | No | $500 | Review | |
SVG | No | $100 | Review | |
Cayman Islands | N/A | $1 | Review | |
N/A | N/A | $50 | Review | |
Seychelles, Malaysia | N/A | Seychelles | Review | |
Bulgaria | No | $250 | Review | |
UK, Georgia | No | 100 | Review | |
No | $250 | Review | ||
UK | N/A | $0 | Review | |
Seychelles | No | $10 | Review | |
Cyprus | No | $100 | Review | |
Vanuatu | VFSC | $100 | Review | |
Hong Kong | None | $300 | Review | |
St. Vincent & Grenadines | N/A | Review | ||
Marshall Islands | non | $500 | Review | |
Seychelles | N/A | $10 | Review | |
Hong Kong | None | $10 000 | Review | |
Marshall Islands | N/A | $50 | Review | |
Seychelles | N/A | $1 | Review | |
Thailand | N/A | $1000 | Review | |
Mauritius | Mauritius FSC | $300 | Review | |
UK | None | €500 | Review | |
UK | N/A | $10 | Review | |
SVG | N/A | $300 | Review | |
Sweden | None | $100 | Review | |
Luxembourg | None | $1000 | Review | |
UAE | N/A | – | Review | |
Tukey | N/A | – | Review | |
Hong Kong | No | $10000 | Review | |
Bulgaria | No | $250 | Review | |
SVG | No | $500 | Review | |
Marshall Islands | No | $250 | Review | |
Marshall Islands | No | $500 | Review | |
Marshall Islands | No | $500 | Review |
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Binary Options Reports
Binary Options Brokers Accepting Paypal
Binary Options Brokers Accepting Paypal
Paypal is definitely one of the preferred payment methods used by binary options traders around the world for a variety of reasons. However, for reasons having to do with regulation Paypal has made an executive decision not to process deposits from traders that have a real money account with a CySec regulated broker. There is one exception to the rule. Goptions has recently begun to accept Paypal deposits. However, when you register you must chat to the support rep as this options is not available directly through the cashier.
At the time there was a lot of talk about Empire Option, and apparently for a brief period Paypal was made available for traders, but that didn’t last for long and regardless I do not recommend them. If any CySec broker out there tells you Paypal is accepted, make sure to document that in writing because the support rep is either incompetent or trying to get you to deposit at any cost – what ever the case is – be warned!
There is however a different way to use Paypal for these purposes, you can transfer money from your Paypal account to your checking or corporate account and then proceed to make a bank transfer. In this case the transaction is more timely and less anonymous, but at least you are using funds from your E-wallet account and not your bank account funds. This is a good way to exercise budget control.
You can also use Paypal to purchase an online prepaid credit card and then use that for funding purposes. This would seem like the best solution all around.
To sum up, there are no binary options brokers out there accepting Paypal deposits (I have not asked about withdrawals though), However, you can use the money from your Ewallet to buy a prepaid credit card (best to have a Visa, Amex, or Mastercard logo on it) online or alternatively transfer funds to your personal account and then proceed to make a bank transfer. Alternatively you can simply take some cash and physically buy a prepaid gift card, just make sure to inquire with your broker before you do that.
Update: July 21st 2020: Optimarkets is no longer accepting direct payment through Paypal accounts, however if you use the Paypal Prepaid Mastercard it will be accepted.
How Does it Work? Simply sign up for the service through your Paypal account and the following business day you will have a card along with for you with an activation code waiting for you! All traders using the Prepaid Card are automatically qualified to receive an extra bonus of up to 20% –(Ask if you qualify for any bonus codes) on their initial investment.
PayPal Binary Options Brokers – Legal Brokers Accepting PayPal Deposits
Over the past few decades, we have witnessed the birth of many various ways to work on the financial markets from the comfort of your own home. Technical advances have brought about this revolution with the help of computers and Internet connections which are constantly improved.
One such opportunity to work from home is the binary options trading practice which has recently gained popularity. In basic terms, binary options trading deals with speculations regarding the price of specific assets on the market.
Namely, a trader is able to guess whether the prices are going to rise or fall. This is done after considering the overall economic situation in the country and globally, the potential developments and any past events which may have future consequences.
Factoring in all these things, traders go to online binary options brokers to test their ability “to predict the future” All of these things could be considered as factors which influence the course of the assets’ prices.
Recommended Binary Option Brokers accepting Paypal:
Rank | Broker | Offer | Trade Now / Review |
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