PayPal Brokers 2025

Contributor Image
Written By
Contributor Image
Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
Contributor Image
Edited By
Contributor Image
Edited By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
Contributor Image
Fact Checked By
Contributor Image
Fact Checked By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
Updated

PayPal is by far the world’s most recognisable form of online payment. The number of brokers that accept PayPal is increasing and Forex trading with PayPal is becoming particularly common. Day trading with PayPal brokers is popular because of how secure the method is and how quickly transfers can be made between accounts.

In this guide, we reveal the best brokers that support PayPal deposits and withdrawals.

Best PayPal Brokers

These are the 6 best brokers with PayPal based on our hand-on tests:

Why Are These The Best Brokers That Accept PayPal?

Here is a quick snapshot of why we think these are the top brokers for PayPal:

  1. eToro USA is the best PayPal broker in 2025 - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
  2. UnitedPips - Operating since 2016 and based in Saint Lucia, UnitedPips is a non-dealing desk broker serving clients in over 137 countries. It specializes in CFD trading across around 80+ assets with high leverage up to 1:1000.
  3. RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.
  4. Capitalcore - Capitalcore is an offshore broker, based in Saint Vincent and the Grenadines and established in 2019. Traders can choose from four accounts (Classic, Silver, Gold, VIP) with lower spreads and larger bonuses as you move through the tiers. Where Capitalcore distinguishes itself is its high leverage up to 1:2000 and zero swap fees, though these don’t compensate for the weak oversight from the IFSA and paltry education and research.
  5. CloseOption - CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.
  6. CEX.IO - CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.

Comparison of Top PayPal Brokers

Find the right PayPal-supporting broker for your needs with our comparison of key features:

Comparison of Top PayPal Brokers
Broker Minimum Deposit Instruments Platforms Leverage Regulators
eToro USA $100 Stocks, Options, ETFs, Crypto eToro Trading Platform & CopyTrader - SEC, FINRA
UnitedPips $10 CFDs, Forex, Precious Metals, Crypto UniTrader 1:1000 IFSA
RedMars €250 CFDs, Forex, Stocks, Indices, Commodities, Cryptos MT5 1:30 (Retail), 1:500 (Pro) CySEC, AFM
Capitalcore $10 Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options WebTrader, Pro 1:2000 IFSA
CloseOption $5 Binary Options on Forex & Cryptos Own - National Bank of Georgia
CEX.IO $20 Cryptos TradingView - GFSC

How Safe Are These PayPal Brokers?

How reliable are the top brokers for PayPal and how do they help safeguard your deposits and withdrawals?

How Safe Are These PayPal Brokers?
Broker Trust Rating Guaranteed Stop Loss Negative Balance Protection Segregated Accounts
eToro USA 3.3
UnitedPips 2
RedMars 3.3
Capitalcore 3.3
CloseOption 2.8
CEX.IO 2.5

PayPal Mobile Trading Comparison

Are these brokers accepting PayPal good for trading on mobile?

PayPal Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
eToro USA iOS & Android 4.3 4
UnitedPips Web Access Only 3 3
RedMars iOS & Android 4.7 4.6
Capitalcore - 3 3
CloseOption iOS & Android 3.7 3.5
CEX.IO iOS & Android 4.6 3.1

Are The Top PayPal Brokers Good For Beginners?

Beginners should use PayPal brokers that first support trading with virtual money (a demo account) and provide support to help new traders get started.

Are The Top PayPal Brokers Good For Beginners?
Broker Demo Account Minimum Deposit Minimum Trade Education Rating Support Rating
eToro USA $100 $10 3 3
UnitedPips $10 0.01 Lots 2.5 3.5
RedMars €250 0.01 Lots 3 4
Capitalcore $10 0.01 Lots 3.5 3.5
CloseOption $5 $1 2.5 3
CEX.IO $20 $1 4 3.8

Compare Advanced Trader Features

Are these PayPal trading platforms good for advanced traders?

Compare Advanced Trader Features
Broker Automated Trading VPS AI Pro Account Leverage Low Latency Extended Hours
eToro USA -
UnitedPips - 1:1000
RedMars Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
Capitalcore - 1:2000
CloseOption - -
CEX.IO Yes - through APIs -

Compare The Ratings Of The Top Brokers With PayPal

Uncover how the top brokers for PayPal deposits compare in core areas following our in-depth assessments.

Compare The Ratings Of The Top Brokers With PayPal
Broker Trust Platforms Assets Mobile Fees Accounts Research Education Support
eToro USA 3.3 3.5 2.9 4.2 3.4 3 3.5 3 3
UnitedPips 2 3.5 3 3 3.8 3.5 2.8 2.5 3.5
RedMars 3.3 3.8 3.8 4.7 3.5 3.5 2.8 3 4
Capitalcore 3.3 3.8 3.8 3 3 3.8 2.5 3.5 3.5
CloseOption 2.8 3 2.5 3.6 3 2.5 1.3 2.5 3
CEX.IO 2.5 3 3.3 3.9 3.3 3.3 2.5 4 3.8

How Popular Are These PayPal Brokers?

Many traders who use PayPal for deposits and withdrawals prefer popular brokers (with huge client numbers):

Why Choose eToro USA For PayPal Deposits?

"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."

Jemma Grist Jemma Grist, Reviewer

eToro USA Quick Facts

Bonus OfferInvest $100 and get $10
Demo AccountYes
InstrumentsStocks, Options, ETFs, Crypto
RegulatorSEC, FINRA
PlatformseToro Trading Platform & CopyTrader
Minimum Deposit$100
Minimum Trade$10
Account CurrenciesUSD

Pros

  • The online broker offers an intuitive social investment network with straightforward copy trading on cryptos
  • Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
  • The low minimum deposit and straightforward account opening process means beginners can get started quickly

Cons

  • There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos
  • The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools
  • Average fees may cut into the profit margins of day traders

Why Choose UnitedPips For PayPal Deposits?

"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."

Christian Harris Christian Harris, Reviewer

UnitedPips Quick Facts

Bonus Offer40% Deposit Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Precious Metals, Crypto
RegulatorIFSA
PlatformsUniTrader
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD

Pros

  • Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.
  • UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
  • UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.

Cons

  • Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
  • UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
  • UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.

Why Choose RedMars For PayPal Deposits?

"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."

Christian Harris Christian Harris, Reviewer

RedMars Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Cryptos
RegulatorCySEC, AFM
PlatformsMT5
Minimum Deposit€250
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro)
Account CurrenciesUSD, EUR

Pros

  • Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy
  • Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests
  • RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading

Cons

  • RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
  • The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
  • While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets

Why Choose Capitalcore For PayPal Deposits?

"The major selling points of Capitalcore are its high leverage options up to 1:2000 and zero commission or swap fees. However, its weak regulatory oversight from the IFSA and non-existent education place it far behind the top brokers."

Christian Harris Christian Harris, Reviewer

Capitalcore Quick Facts

Bonus Offer40% Deposit Bonus up to $2,500
Demo AccountYes
InstrumentsForex, Metals, Stocks, Cryptos, Futures Indices, Binary Options
RegulatorIFSA
PlatformsWebTrader, Pro
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:2000
Account CurrenciesUSD

Pros

  • Unlike most brokers, Capitalcore offers an unlimited demo account that takes under 5 minutes to open.
  • Capitalcore has added binary options trading on 30+ currency pairs, metals and crypto with one-click trading and payouts up to 95%.
  • Capitalcore is one of the only brokers to charge zero swap fees, which may appeal to Islamic traders looking to comply with Islamic Finance.

Cons

  • Capitalcore’s threadbare education and research seriously trail category leaders like IG, making it less suitable for aspiring traders.
  • Capitalcore is not regulated by major financial authorities and has an unproven reputation, raising concerns about the safety of client funds.
  • Platform support is limited to proprietary software, so there's no integration with the market-leading MetaTrader or cTrader, which offer built-in economic news and support automated trading.

Why Choose CloseOption For PayPal Deposits?

"CloseOption is a good pick for traders seeking a user-friendly binary options platform with high payouts and joining bonuses."

Tobias Robinson Tobias Robinson, Reviewer

CloseOption Quick Facts

Bonus Offer$10 Welcome Gift
Demo AccountYes
InstrumentsBinary Options on Forex & Cryptos
RegulatorNational Bank of Georgia
PlatformsOwn
Minimum Deposit$5
Minimum Trade$1
Account CurrenciesUSD

Pros

  • Multiple global payment methods are available
  • CloseOption offers weekly trading tournaments with cash prizes
  • New traders can get started with a $5 minimum deposit

Cons

  • Binary options are only available on fiat and digital currencies
  • CloseOption is not regulated by a well-regarded trading authority
  • Clients need to deposit $50,000+ to qualify for the best payouts

Why Choose CEX.IO For PayPal Deposits?

"CEX.IO continues to serve a range of crypto investors looking to buy, sell, trade, hold and earn with low fees. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."

Tobias Robinson Tobias Robinson, Reviewer

CEX.IO Quick Facts

Demo AccountNo
InstrumentsCryptos
RegulatorGFSC
PlatformsTradingView
Minimum Deposit$20
Minimum Trade$1
Account CurrenciesUSD, EUR, GBP

Pros

  • The proprietary terminal features an advanced charting package from TradingView, including 50+ technical indicators
  • Crypto leverage is available up to 1:3
  • The broker offers 24/7 support with fast response times during tests

Cons

  • A maintenance fee applies after 12 months of no activity
  • The broker has limited regulatory oversight
  • The Exchange Plus platform delivers a cluttered interface compared to competitor platforms

How Did We Choose The Best PayPal Brokers?

To identify the top PayPal brokers, we:

  • Pinpointed all the firms that offer PayPal out of our 500-strong database of online platforms
  • Checked that they support PayPal deposits and withdrawals for online trading
  • Listed them by their rating, mixing 100+ data points with our hands-on research

Overview

With over a quarter of a billion active accounts, PayPal is the world’s largest digital wallet. It was launched back in 1998 as Confinity before merging with Elon Musk’s x.com.

This company was renamed PayPal in 2001 and went public the following year. Since then PayPal has evolved with mobile and web technology, making its options for transferring money even easier.

In the EU, PayPal is registered and licensed in Luxembourg, having moved from the UK in 2007.

PayPal was not developed with trading in mind but, as its ubiquity has grown, so has the inevitability of traders wanting to trade with it.

This has led to more and more brokerages accepting PayPal.

Advantages

There are strong advantages to trading with brokers who accept PayPal:

  • Transferring funds with Paypal is recognised as being fast, reliable and secure
  • PayPal is easy to use, either on a desktop or through their app
  • Making deposits and withdrawals with Paypal is generally very quick and certainly faster than bank transfers
  • PayPal accounts are easily linked to multiple credit cards, debit cards and bank accounts
  • PayPal is recognised worldwide as a major eWallet
  • PayPal’s strong anti-money laundering restrictions give traders security and potentially enhance the reputation of brokers with PayPal
  • For forex traders, PayPal works in 25 different currencies
  • Free to open an account
  • No charges for unused account

Drawbacks

However, day trading with PayPal does have its disadvantages:

  • Charges on every trading transaction
  • FX fees (foreign transfer fees) are high at 4.5%
  • Although increasing, trading brokers that accept PayPal are still relatively uncommon.
  • Chargebacks only apply to tangible/physical goods, meaning forex and CFD traders etc. aren’t eligible.

Speed of PayPal Payments

As long as there is money in your account, or in the bank account linked to the PayPal account, funds for or from trading are generally transferred, if not instantly, then very quickly.

Security

There are claims that trading with PayPal is actually safer than using your debit or credit card.

PayPal stores your data in a ‘vault’, meaning that the other end of the transaction doesn’t receive any of your card or account details. In short, your privacy is assured.

The one problem of trading with PayPal is that chargebacks can only be claimed for physical goods, not stocks or currencies etc.

How To Deposit Using PayPal

The vast majority of PayPal traders, including all of those in the UK and US, can deposit and withdraw money to and from their PayPal accounts. However, some countries (currently including Israel and the Ukraine) are ‘send only’.

This means that traders with accounts in those countries can make deposits in their PayPal accounts and send money to others, but not withdraw money from PayPal to their account.

To make a deposit at any PayPal broker, such as Pepperstone, head to the funding section in the client area and select PayPal from the list of deposit methods. You will be taken through to the integrated portal to sign in securely and enter the details of the transaction. Once you confirm, you will receive a summary of the transaction.

PayPal Fees Or Costs

PayPal accounts are free to open. New traders will probably already have an account for their online shopping.

Unlike other common day trading digital wallets, such as Skrill or Neteller, there is no charge if your account is unused for some time.

The fees for sending and receiving money are generally the same as other digital wallets, but there are instances where it is slightly less and slightly more.

There is no fee for receiving money in your PayPal account. Withdrawing money from your PayPal account to your bank is also free unless you wish for a cheque to be issued.

One ‘hidden’ cost is when transferring currencies via PayPal. The currency conversion is 4.5% above the base rate.

This is worth bearing in mind if trading in a currency that is not the same as the default PayPal balance.

Is PayPal Good For Day Trading?

Although not the most common, PayPal is generally a good choice for traders although traders should factor in the potential of high transfer fees.

PayPal is becoming more and more integral to how we move money around so we expect brokers to continue to take it up as a payment method.

Traders dealing in larger amounts of money should bear in mind that PayPal has a maximum of £10,000 for any single transaction.

Brokers who take PayPal may be more likely to offer a wider range of payment options, and that will generally be a positive sign.

FAQ

What Are The Best PayPal Brokers?

Many brokers accept PayPal, but most brokers only accept traders from specific countries, so it depends on your location. Our top list of PayPal brokers will only show brokers that are available in your country.

Are There Any Paypal Bonuses When Depositing In My Trading Account?

No. PayPal simply acts as a middle-man between bank and broker. Any deposits held for a long period in PayPal accounts don’t even accrue interest.

Can Traders Use PayPal Globally?

Yes, there are currently 200+ countries and regions that use PayPal, including all major developed economies. This makes it one of the most accessible payment methods for day traders.