Can I fund my trading account with Paypal?

Asked 4 years ago

Hello traders, I've been trading for some time and always wire-transfer the money into my trading account. I want to get Paypal because I am going to move countries, but my account is in the US. Do you know if I'd be able to fund my account with them?

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Osasere Okunloye

Friday, October 08, 2021

Yes, you can fund your forex account using PayPal, but it depends on the broker you are using. Brokers that accept Paypal include forex.com, eToro, Markets.com, Pepperstone, City Index, Plus500, Oanda, Admiral Markets, FxPRO, Trading 212, FXTM, FP Markets, IG Markets, XTB, iFOREX etc. Apart from depositing, you can also use Paypal to withdraw funds from your account. The minimum deposit via Paypal, accepted by most brokers is around $100/$200 while the maximum is around $10,000.