Knowing the value of money, spotting which currencies are set to rise and fall and having a general sense of the financial market are essential skills when dealing in the foreign exchange. However, another skill in which a trader must be proficient is the movement of money. While it’s one thing to make money in the Forex world, it’s another to actually realise any profits in a physical form.
Transporting funds to and from an FX broker can be somewhat trickier than many would expect; especially if a trader is in certain regions of the world. Indeed, because Forex brokers offer services to customers across the globe there is a need for them to offer a range of deposit and withdrawal options. For many investors the most convenient choice is their debit or credit card, however sometimes this isn’t always a viable option.
To help giving aspiring traders the greatest financial flexibility possible most brokers will offer PayPal as a deposit/withdrawal option. Known as the leading online financial exchange in the world, PayPal provides secure third-party processing between the user and the site they wish to conduct a transaction with. For both brokers and traders this flexibility is fantastic because it gives them a safe way to transfer money without having to deal directly with each other’s banks.
At fxBrokerSearch.com we realise that having the ability to choose a site that offers multiple processing options is crucial and that’s why we’ve compiled the best PayPal brokers on the market. Through our extensive market research and analysis we’ve collated the top FX brokers offering PayPal as a deposit/withdrawal option and filtered them into one handy table.
By searching through the list below users can see our top PayPal brokers and the trading conditions they offer. Ranked by usability, efficiency and cost, we’ve made it easy for someone to choose the best FX broker for their needs.
For those that don’t have a PayPal account but would prefer to use this option, the registration process is simple. Indeed, by entering a few details they can quickly filter money through PayPal into one of our specifically chosen Forex brokers.
|Best Paypal Brokers|
|Name||eToro||RoboForex||InstaForex||Ava Trade||OANDA||GCI||FxPro||HY Markets||TFIFX||Plus500|
|Visit Site||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up||Sign Up|
|Spread - EUR/USD||3.00||2.00||3.00||3.00||0.90||1.00||1.20||1.80||-||2.00|
|Spread - GBP/USD||4.00||3.00||3.00||4.00||2.50||2.00||1.50||3.00||-||2.00|
|Accept US Traders||No||No||No||No||Yes||No||No||No||No||No|
|Name||eToro (Europe) Ltd||-||-||AvaTrade||-||GCI Financial||FxPro Financial Services Limited||HY Markets||TFI Markets||Plus500UK Ltd|
|Regulation Authority||CySEC (Cyprus)||-||-||ASIC (Australia), CBI (Ireland)||NFA (US), CFTC (US) FCA (UK), DFSA (Dubai) IIROC (Canada), MAS (Singapore)||-||ASIC (Australia), FCA (UK) CySEC (Cyprus)||SFC (Hong Kong), FCA (UK)||CySEC (Cyprus)||FCA and ASIC|