Your expert
Fact checked by
Tamás D.
Oct 2023
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does FXCM support PayPal as of October 2023?

No, you can't use PayPal to fund your account at FXCM.

Deposit features and brokerage service highlights

💰 Deposit fee $0
💰 Withdrawal fee $0
💳 Deposit methods Bank transfer, Credit/debit cards, Neteller, Skrill, Unionpay
💸 Account base currency EUR, USD, GBP, CHF
💸 Minimum deposit $50
🗺️ Country of regulation UK, Australia, South Africa and Cyprus
🎮 Demo account provided Yes
📋 Read more Check out the FXCM review for 2023

My key findings in a nutshell
Gyula Lencsés, CFA
Master of Broker Brilliance | Forex • Derivatives • Market Analysis

I've thoroughly tested FXCM services with our analyst team by opening a real-money account and these are my most important findings:

  • You cannot fund your account at FXCM using PayPal
  • Most brokers accept bank transfers and/or credit/debit cards for depositing funds
  • Several brokers accept other digital wallets depending on your residency
BrokerChooser score
4.4 4.4 /5
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72% of retail CFD accounts lose money
FXCM is not available in the United States
Check out the best alternatives

Does FXCM accept Revolut/Wise?

Yes, Revolut and Wise are available at FXCM.

Although Paypal, Revolut and Wise all offer the same services, they do it in different manners and at different costs. You may find that Revolut and Wise are cheaper alternatives, especially when it comes to international and/or multi-currency transactions.

Looking for the best PayPal forex brokers?

Our brokerage analysts compiled a list of the best forex brokers in the world that accept PayPal by checking their services and opening an account at each one of the reviewed brokers.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Author of this article

Gyula Lencsés, CFA

Master of Broker Brilliance | Stock Market • Commodities • Market Analysis

With over a decade in finance, I lead content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. I open real-money accounts, execute transactions, and engage with customer services, offering firsthand assessments. Prior to BrokerChooser, I managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. My goal: simplify the hunt for top brokers in a dynamic investment landscape.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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