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Saturday, June 14, 2008

PayPal Forex Brokers

PayPal Forex Brokers

A list of Forex brokers which support PayPal payment system as an option for funds deposit/withdrawal. PayPal is a convenient on-line payment system which is widely accepted in U.S., Canada and United Kingdom. Forex brokers that accept PayPal deposits often are good-standing companies which you can trust.

Sort by: Order | Minimum Account | Traders' Rating | Name

Easy-Forex:

Company: Easy-Forex
On-line since: 2001
Regulation: Registered with NFA (ID #0358754).
Payment options: Credit cards, PayPal
Minimum account size: $50
Minimum lot size: 0.025 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Rating:
3.3/10 with 7 votes

Rate Easy-Forex Broker:
Reviews: Read or write a review of Easy-Forex broker
Categories: PayPal Forex brokers, Forex brokers with web platform

Advantages:

  • No need to download trading software
  • Ability to "freeze" current rates for a few seconds

Disadvantages:

  • No MetaTrader 4 software support
  • Java based trading platform
  • High spreads

Click here to open an account with Easy-Forex


Ava FX:

Company: Ava FX
On-line since: 2006
Regulation: Unregulated
Payment options: e-gold, PayPal, Western Union, WebMoney, credit cards and bank wire
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: 1:200
Spreads: 3 pips on EUR/USD
Rating:
8.7/10 with 14 votes

Rate Ava FX Broker:
Reviews: Read or write a review of Ava FX broker
Categories: PayPal Forex brokers, e-gold Forex brokers, WebMoney Forex brokers

Advantages:

  • Variety of billing options available

Disadvantages:

  • No Metatrader 4 software support

Click here to open an account with Ava FX


eToro:

Company: eToro Inc.
On-line since: 2007
Regulation: Unregulated
Payment options: Bank wire, credit cards and PayPal
Minimum account size: $50
Minimum lot size: 0.1 lot
Leverage: 1:100, 1:200 and 1:400
Spreads: 2 pips on EUR/USD
Rating:
4.8/10 with 5 votes

Rate eToro Broker:
Reviews: Read or write a review of eToro broker
Categories: PayPal Forex brokers

Advantages:

  • Newbie friendly platform
  • Innovative approach to Forex
  • Great user support

Disadvantages:

  • No MetaTrader 4 software support
  • Limited platform - no charts and indicators
  • Novice-orientated platform

Click here to open an account with eToro


HY Markets:

Company: HY Markets
On-line since: 2007
Regulation: Authorized and regulated by FSA (United Kingdom)
Payment options: Bank wire, credit cards and PayPal
Minimum account size: $50
Minimum lot size: 0.02 lot
Leverage: 1:200
Spreads: 3-7 pips on EUR/USD
Rating:
5.5/10 with 2 votes

Rate HY Markets Broker:
Reviews: Read or write a review of HY Markets broker
Categories: PayPal Forex brokers, Forex brokers with web platform

Advantages:

  • Web based trading platform available
  • Freeze rate function
  • No slippage
  • Real-time news

Disadvantages:

  • MetaTrader 4 software available only to VIP clients

Click here to open an account with HY Markets


InstaForex:

Company: InstaForex
On-line since: 2008
Regulation: Unregulated
Payment options: PayPal, wire transfer, credit cards, e-gold, WebMoney, e-Bullion and RuPay
Minimum account size: $10
Minimum lot size: 0.01
Leverage: from 1:1 to 1:500
Spreads: 3 pips on EUR/USD
Rating:
3.0/10 with 20 votes

Rate InstaForex Broker:
Reviews: Read or write a review of InstaForex broker
Categories: PayPal Forex brokers, e-gold Forex brokers, Metatrader Forex brokers, Forex brokers with CFD trading, Muslim Forex brokers, WebMoney Forex brokers

Advantages:

  • MetaTrader 4 trading platform
  • 6% interest rate on deposit
  • Flexible leverage
  • Wide range of funding options
  • Islamic (no interest) accounts available

Disadvantages:

  • No important disadvantages

Click here to open an account with InstaForex


OANDA:

Company: OANDA
On-line since: 2001
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Payment options: Bank transfer, checks, PayPal
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:50
Spreads: Variable, usually 2-2.5 pips on EUR/USD
Rating:
9.0/10 with 11 votes

Rate OANDA Broker:
Reviews: Read or write a review of OANDA broker
Categories: PayPal Forex brokers, Forex brokers with web platform

Advantages:

  • No need to download trading software
  • Variable spreads which can be very low
  • No limit on trade size

Disadvantages:

  • No MetaTrader 4 software support
  • Java based trading platform
  • Spreads can jump up unexpectedly

Click here to open an account with OANDA


GFT Forex:

Company: Global Futures & Forex, Ltd.
On-line since: 2001
Regulation: Registered with the Commodity Futures Trading Commission, is also a member of the Australian Securities and Investments Commission (ASIC), an independent Australian government body that regulates financial markets, securities, futures and corporations since January 1991.
Payment options: Credit cards, eCheck, PayPal, bank wire and paper checks
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:400
Spreads: Variable (3 pips average) on EUR/USD
Rating:
4.5/10 with 2 votes

Rate GFT Forex Broker:
Reviews: Read or write a review of GFT Forex broker
Categories: PayPal Forex brokers, Forex brokers with advanced platform, Institutional Forex brokers

Advantages:

  • Unique trading software
  • Ability to trade with really huge amounts of money
  • Free Forex training
  • More than 60 currency pairs
  • Leverage up to 1:400

Disadvantages:

  • Variable spreads can be quite high
  • Opening an account is a complicated process

Click here to open an account with GFT Forex


FX Solutions:

Company: FX Solutions, LLC
On-line since: 2001
Regulation: Registered with the Commodity Futures Trading Commission as a Futures Commission Merchant and is a member of the National Futures Association (NFA), ID# 0312620.
Payment options: Credit cards, PayPal, on-line check, paper checks and bank wire
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:400
Spreads: 3 pips on EUR/USD
Rating:
1.0/10 with 1 vote

Rate FX Solutions Broker:
Reviews: Read or write a review of FX Solutions broker
Categories: PayPal Forex brokers, Forex brokers with advanced platform

Advantages:

  • Advanced charting software
  • No commissions

Disadvantages:

  • No MetaTrader4 software support
  • Opening an account is a complicated process

Click here to open an account with FX Solutions


CMS Forex:

Company: Capital Market Services, LLC
On-line since: 1999
Regulation: Registered Futures Commission Merchant (FCM) and a Forex Dealer Member (FDM) of the National Futures Association (NFA) (Member ID: 0313199), registered with the Commodity Futures Trading Commission (CFTC) of U.S. and the Financial Services Agency (FSA) of Japan.
Payment options: Bank wire, BPS, credit cards, PayPal, on-line check and paper checks
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:40 to 1:400
Spreads: 3 pips on EUR/USD
Rating:
5.3/10 with 3 votes

Rate CMS Forex Broker:
Reviews: Read or write a review of CMS Forex broker
Categories: PayPal Forex brokers, Institutional Forex brokers

Advantages:

  • Multi-currency accounts

Disadvantages:

  • No MetaTrader4 software support

Click here to open an account with CMS Forex


Finotec:

Company: Finotec Group Inc.
On-line since: 2005
Regulation: Unregulated
Payment options: Bank wire, PayPal and credit cards
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD
Rating:
8.7/10 with 4 votes

Rate Finotec Broker:
Reviews: Read or write a review of Finotec broker
Categories: PayPal Forex brokers, Forex brokers with CFD trading

Advantages:

  • Easy-to-use trading platform for mini Forex accounts
  • Options trading available

Disadvantages:

  • No MetaTrader 4 software support
  • High account size requirement to use Finotec Trading Platform

Click here to open an account with Finotec


MGFOREX:

Company: MG Financial Group
On-line since: 2000
Regulation: Registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA ID #0308808).
Payment options: Credit cards, PayPal, wire transfer and checks
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Rating:
6.3/10 with 6 votes

Rate MGFOREX Broker:
Reviews: Read or write a review of MGFOREX broker
Categories: PayPal Forex brokers, Muslim Forex brokers

Advantages:

  • Muslim friendly Forex broker (fees instead of overnight interest)
  • Regular Forex trading contests

Disadvantages:

  • No Metatrader 4 software support
  • Limited trading freedom

Click here to open an account with MGFOREX


FXDD:

Company: FXDD
On-line since: 2002
Regulation: Unregulated
Payment options: Bank wire, check, PayPal and BPS
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: 1:100 and 1:200
Spreads: 2 pips on EUR/USD
Rating:
6.1/10 with 16 votes

Rate FXDD Broker:
Reviews: Read or write a review of FXDD broker
Categories: PayPal Forex brokers, Metatrader Forex brokers

Advantages:

  • Metatrader Forex broker
  • Two custom platforms are also available

Disadvantages:

  • No important disadvantages

Click here to open an account with FXDD


GCI Financial:

Company: GCI Financial Ltd.
On-line since: 2002
Regulation: Unregulated
Payment options: Wire transfer, credit cards, PayPal and check
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD
Rating:
3.7/10 with 4 votes

Rate GCI Financial Broker:
Reviews: Read or write a review of GCI Financial broker
Categories: PayPal Forex brokers, Forex brokers with CFD trading, Muslim Forex brokers

Advantages:

  • Indexes and CFD trading available
  • Muslim-friendly Forex broker

Disadvantages:

  • No MetaTrader 4 software support

Click here to open an account with GCI Financial


FxPro:

Company: EuroOrient Securities and Financial Services Ltd.
On-line since: 2008
Regulation: Regulated by the Cyprus Securities and Exchange Commission (license #078/07).
Payment options: Wire transfer, credit cards and PayPal
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:1 to 1:500
Spreads: 1.8 pips on EUR/USD
Rating:
7.3/10 with 26 votes

Rate FxPro Broker:
Reviews: Read or write a review of FxPro broker
Categories: PayPal Forex brokers, Metatrader Forex brokers, Forex brokers with CFD trading

Advantages:

  • MetaTrader 4 trading platform
  • Really tight spreads

Disadvantages:

  • No important disadvantages

Click here to open an account with FxPro


GFS Forex & Futures:

Company: GFS Forex & Futures, Inc.
On-line since: 2006
Regulation: Registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID: 0316995).
Payment options: Wire transfer, check and PayPal
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: 1:100 and 1:200
Spreads: 3 pips on EUR/USD
Rating:
Unrated

Rate GFS Forex & Futures Broker:
Reviews: Read or write a review of GFS Forex & Futures broker
Categories: PayPal Forex brokers

Advantages:

  • No important advantages

Disadvantages:

  • No MetaTrader 4 support
  • Opening a trading account is a complicated process

Click here to open an account with GFS Forex & Futures


Forex-Metal:

Company: Forex-Metal
On-line since: 2008
Regulation: Unregulated
Payment options: Wire transfer, WebMoney, PayPal
Minimum account size: $50
Minimum lot size: 0.005 lot
Leverage: from 1:20 to 1:200
Spreads: 3 pips on EUR/USD
Rating:
8.1/10 with 11 votes

Rate Forex-Metal Broker:
Reviews: Read or write a review of Forex-Metal broker
Categories: PayPal Forex brokers, Metatrader Forex brokers, Forex brokers with CFD trading, WebMoney Forex brokers

Advantages:

  • MetaTrader 4 Forex broker that accepts PayPal billing

Disadvantages:

  • No important disadvantages

Click here to open an account with Forex-Metal


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