Plus500 has been one of the best CFD brokers globally since 2008. The broker offers a wide range of online CFDs on forex, shares, commodities, and more!
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The best brokers and trading platforms in the UK often allow users to transact using multiple payment methods. Among the options are credit cards, which are known to be efficient and affordable. Today, we explore the best trading brokers accepting credit cards in the UK. So, if you have been searching for a suitable broker supporting credit card transactions, you are in the right place. Our guide also sheds light on how to choose the best broker, how credit cards work in trading, and more.
Best Brokers That Accept Credit Cards in the UK 2024
Admiral Markets – Best Credit Card Brokers For MetaTrader Users
Plus500* – Cheapest Broker That Accepts Credit Cards
FxPro – Best Spread Betting Broker That Accepts Credit Cards
FP Markets – Best CFD Broker that Accepts Credit Cards in the UK
Forex.com – Best Forex Broker that Accepts Credit Cards in the UK
Revolut – Overall Best UK Trading Broker that Accepts Credit Cards
Fineco – Best Mobile Trading Broker That Accepts Credit Cards in the UK
*80% of CFD retail accounts lose money
In this guide
Best Trading Brokers Accepting Credit Cards UK
Compare Trading Brokers that Accept Credit Cards in the UK
We are professional traders and researchers with decades of experience in the financial landscape. This means that all brokers we recommend here have undergone thorough research. We conducted multiple tests and comparisons on them, considering various elements such as fees, licences, payment methods, support services, and more. We also included findings from user testimonials on Google Play, the App Store, and Trustpilot. Our goal is to remain unbiased in making recommendations. We want every reader to find their best match for trading.
That being said, see our comparison table below highlighting major elements regarding our credit card brokers. You can compare the brokers based on these features for informed choices.
Brief Overview of Our Recommended Credit Cards Brokers’ Fees and Assets
There are many credit card brokers in the UK market today. However, the best for you should have features aligning with your trading requirements. Some of the crucial elements to never overlook are brokers’ fees and assets. This makes it easier for you to plan and budget, thus ensuring comfort and an exciting experience.
See our table, which provides a brief overview of our recommended credit card brokers’ fees and assets.
Our Opinion & Overview of the Best Credit Cards Brokers UK
As mentioned earlier, we conducted multiple tests on as many credit card brokers in the UK as possible. Below are our opinions and overview of these trading platforms based on our hands-on experience. We share both the strengths and weaknesses we believe come with these credit card brokers. This is so you can make the best decisions that align with your trading requirements and goals.
1. Admiral Markets - Best Credit Card Brokers For MetaTrader Users
Risk warning: 61% of retail CFD accounts lose money.
As traders and investors, we had an exciting experience at Admiral Markets. Making deposits and withdrawals was seamless, using all its supported payment methods. When it comes to credit card transactions, we didn’t incur any charges for deposits. However, we were charged 1%, min.1 GBP, withdrawal fee using the credit card method (more details are on https://admiralmarkets.com/start-trading/deposits-and-withdrawals). This, of course, is after we enjoyed its one free withdrawal monthly request. Besides credit cards, we discovered other payment methods that attract all types of traders. They include bank transfers, Skrill, Neteller, and PayPal.
You can trade over 8,000 instruments at Admiral Markets MT4 and MT5 platforms. Even if minimum deposit requirement of £250 may seems to be high for some traders, however making deposits is free of charge. The best part about trading on these platforms is access to advanced resources, including automated trading. The MT4 and MT5 platforms also operate seamlessly on desktop and mobile devices, thus encouraging flexibility in trading.
List multiple asset classes for portfolio diversification
Cons
Credit card withdrawals attract a fee
It has a high minimum deposit requirement for traders who are looking for lower thresholds
Type
Fee
Minimum deposit
£250
Deposit fee
$0
Withdrawal fee
1 free withdrawal request every month, after – 1%
Inactivity fee
Monthly €10
Overnight fee
Yes
Admiral Markets is a great broker with great trading opportunities. You can start investing with just £1 and trading with £100 on more than 4,000 stocks from the New York Stock Exchange, Nasdaq, FTSE, and more.
Admiral Markets offers the most advanced trading tools and services and sophisticated operations, including technical analysis indicators and trading strategy templates.
2. Plus500 - Cheapest Broker That Accepts Credit Cards
*Illustrative prices
We tested hundreds of credit card brokers in the UK, and Plus500 stood out as the cheapest overall. With a mere £100 minimum deposit requirement and free transactions, we easily budgeted and planned our activities. Plus, all trades are commission-free, with low spreads from 0.0 pips on major currency pairs. Plus500 also lists an additional 2,800+ CFD assets, including shares, indices, commodities, options, ETFs, and more.
Besides credit cards, we discovered that this broker supports other payment methods like debit cards, PayPal, bank transfers, Apple Pay, Trustly, and more. Beginners can get started on its risk-free demo account, which, from our experience, is user-friendly and loaded with quality learning materials. For experts, this broker has your back with its “Professional Trading” section. Here, you will enjoy advanced resources and high leverage limits. Additionally, Plus500 offers reliable and responsive support service and a small FAQ section for commonly asked questions. From our exploration, we give it a 4.5-star rating.
1
Plus500 Review
TradingGuides Rating:
✔ Educational materials
✔ Regulated in many countries
Free transactions using credit cards and other featured payment methods
Reliable and responsive 24/7 support service via phone, email, and live chat
Cons
Inactivity fee applies after 3 months of the account’s dormancy
Features a single proprietary platform, thus inconveniencing users looking for third-party platforms like MT4
Type
Fee
Overnight Funding
yes
Currency Conversion Fee
0.7%
Guaranteed Stop Order
spread applies
Inactivity Fee
$10 per month
Withdrawls/Deposits
$0
Plus500 provides access to 2800+ CFDs across a wide range of different asset classes, including: Indices – Country and Sector, Forex, Commodities, Individual shares, ETFs, Options
Risk Warning: 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3. FxPro - Best Spread Betting Broker That Accepts Credit Cards
From our extensive research on credit card brokers in the UK, FxPro unquestionably stands out as the best for spread betting. The platform’s user-friendly design and straightforward account opening procedure ensure a seamless experience for spread bettors of all levels. With a commendably low £100 minimum deposit, FxPro caters to a broad spectrum of users. However, the broker recommends a £1,000 minimum deposit for those seeking optimal trading conditions.
Credit card deposits are processed within 10 minutes, while withdrawals take up to 1 working day. The best part is that users incur no deposit or withdrawal fees when they invest with a credit card. This makes FxPro the epitome of accessibility and transparency in spread betting. The broker also supports other payment options, including debit cards, broker-to-broker, bank transfers, and more.
We also discovered that FxPro lists over 2,100 spread betting securities. All these assets are accessible through FxPro Web, cTrader, MT4, and MT5 platforms. It ensures a diverse and customisable trading environment. From our hands-on experience, FxPro deserves a 4.7-star rating.
A user-friendly and customisable spread betting platform
Lists over 2,100 spread betting securities, providing a diverse trading portfolio
Credit card deposits are processed within 10 minutes, offering swift fund availability for trading
No deposit or withdrawal fees when transacting with credit cards
Cons
Withdrawals take up to 1 working day, which may take longer than some competitors
Five days a week support service
Type
Fee
Minimum deposit
$100
Withdrawal fee
$0
Inactivity fee
$15 once + $5 monthly
FxPro offers traders a wide range of investment products, including 70 currency pairs, as well as over 2000 different stocks.
4. FP Markets - Best CFD Broker that Accepts Credit Cards in the UK
FP Markets is one of the best CFD brokers in the UK, thanks to its unique offerings and platforms. This broker has user-friendly platforms, and we believe you will enjoy your experience with FP Markets. The minimum deposit requirement at FP markets is £100, and the broker accepts credit cards. You will also transact using other flexible methods like debit cards, bank transfers, Neteller, SticPay, Skrill, crypto payments, Apple Pay, Google Pay, and more.
When it comes to CFD asset collection, FP Markets has plenty to choose from. We enjoyed over 10,000 options, including shares, commodities, indices, bonds, and more. CFD trading fees are low, with spreads starting from 0.0 pips. Through FP Markets, traders can access various trading platforms, including MetaTrader 4, MetaTrader 5, Iress, and WebTrader. You can use the MetaTrader platforms to copy the trades of successful traders and increase your chances of making good profits. Moreover, FP Markets has responsive customer support that helps solve any trading issues. We, therefore, give it a 5-star rating.
1
FP Markets Review 2024
TradingGuides Rating:
✔Low trading fees ✔Accounts can be opened fast and easy
Various trading platforms to choose from, which are user-friendly and fully customisable
Low CFD trading costs
Excellent collection of CFD learning and research resources
Cons
Support service operates five days a week
Too focused on CFDs and forex for those looking to trade other assets
Type
Fee
Minimum deposit
$100
Overnight fee
$0
Deposit fee
$0
Withdrawal fee
Depends on payment method
Inactivity fee
$0
There are plenty of trading options to choose from on FP Markets. These include 70+ currency pairs, more than 10,000 stocks on global exchanges, 5 cryptocurrency CFDs, 46 ETFs, 19 major global indices, and commodities. The commodities available include gold, silver, oil and more.
5. Forex.com - Best Forex Broker that Accepts Credit Cards in the UK
Forex brokers looking for the best platforms that accept credit cards should consider this broker. While testing it, we had a seamless trading experience thanks to its user-friendly and intuitive design platform. We also like Forex.com’s vast collection of learning resources, from guides and articles to webinars and seminars. The broker lists over 80 currency pairs, all of which you can trade at low fees starting from 0.0 pips.
Besides forex, Forex.com lists over 4,500 additional assets. These include stocks, commodities, ETFs, indices, and more. And should you want to transact with other options, the broker allows debit cards, bank transfers, Neteller, Skrill, and more. All these payment methods are accepted at no additional charges besides those you incur from the providers. Overall, we give Forex.com a 4.5-star rating.
1
Forex.com Review 2024
TradingGuides Rating:
✔ Unparalleled forex service ✔ Wide array of offerings
Has a demo account for beginners to get started with
Advanced trading platforms
Cons
Charges inactivity fees
Limited payment methods compared to its peers
Type
Fee
Minimum deposit
$100
Inactivity fee
$15
Deposit fee
$0
Withdrawal fee
$0
Overnight fee
$0
Clients can trade Forex, Indices, Cryptocurrencies, Stocks, and Commodities (including precious metals and oil) with different account types.
6. Revolut - Overall Best UK Trading Broker that Accepts Credit Cards
After thorough market research on credit card brokers in the UK, Revolut emerges as our overall best. This is primarily because we find it flexible and suitable for both newbies and professional traders. Revolut is known as one of the best stock brokers that accept credit cards due to its commission-free stock trading. Moreover, there is no minimum deposit requirement, and all credit card deposits are free. It allows users to easily plan for their activities without worrying about a lot of expenditure.
Another element we like about Revolut is that it has its own cards for payments, which you can choose based on your needs. The broker lists commodities, cryptos, and more besides stocks. Its support service is also among the best, as we got quality assistance whenever we reached out with questions or concerns. From our experience, we rate Revolut with 4.4 stars.
1
Revolut Review 2024
TradingGuides Rating:
✔ Commission-free stock trading ✔ Virtual bank account
0.25% markup during market hours 1% markup during non-market
Crypto trading
1.5% markup on bid or ask price
Payment Method
Commission
UK consumer cards
1% + £0.20
All International and commercial cards
2.8% + £0.20
Revolut Pay
1% + £0.20
Easy Bank Transfer
1% + £0.20
7. Fineco - Best Mobile Trading Broker That Accepts Credit Cards in the UK
Fineco not only accepts credit cards for making deposits and withdrawals but also other options, including Apple Pay, Google Pay, Fitbit Pay, and Garmin Pay. Sadly, we noted that the broker doesn’t support e-wallet transactions. Plus, Fineco has a user-friendly and intuitive design mobile app, which made it easier for us to manage our trades while on the move. With this broker, you will explore stocks, ETFs, forex, options, bonds, and more. All credit card transactions are free, with no minimum deposit requirement or inactivity charges.
Fineco offers competitive pricing, with zero commissions on stock trading and low fees on other investment products. Fineco Bank’s trading platform also features real-time market data, advanced charting tools, and customisable watchlists to help investors make informed investment decisions on the go. Its mobile trading app is available for iOS and Android devices, thus making it accessible to diverse users. We give it a 4.4-star rating.
1
Fineco Review 2024
TradingGuides Rating:
✔ High level of investor protection ✔ Low non-trading fees
User-friendly and intuitive mobile app for trading on the go
Comprehensive trading platform with access to a wide range of investment products
Low trading fees
Accepts credit cards, making it easy for investors to fund their accounts and manage their investments
Cons
No e-wallet transactions
Limited educational resources and no demo account for beginner investors
Type
Fee
Minimum Deposit
$0
Deposit Fee
No deposit fees
Withdrawal Fee
Fineco Bank charges no withdrawal fees for domestic non-instant bank transfer and debit card withdrawals. Instant bank withdrawal will cost 0.20% (min €0.85, max €2.95).
Inactivity Fee
No inactivity fee
Annual Fee
A maximum annual service fee of 0.25% on the total value of funds in your portfolio
Fineco offers a great variety of markets for trading, including forex, indices, commodities, bonds, stocks, shares, CFDs and so on.
How to Choose the Right Trading Broker that Accepts Credit Cards in the UK
There are various factors to consider when choosing a broker that accepts credit cards in the UK. To ensure you make the best choice, we list below these elements as guidance.
The first and most crucial element to look for when choosing a credit card broker in the UK is safety. You want a broker that not only guarantees your funds’ safety but also offers a secure trading environment. So, confirm a broker’s regulatory status and ensure it is licensed and regulated by the Financial Conduct Authority (FCA). Remember, there are many fraudulent brokers looking for innocent traders to scam. Confirming this element will ensure you do not fall victim to such brokers and risk losing your hard-earned money.
Look for a broker that is user-friendly and offers an intuitive design platform. It must also host the best market analysis and educational tools. Having fast trade execution speed is a plus, as this ensures you quickly enter and exit trades without missing any opportunities.
Credit card brokers have varying trading and non-trading fees. As a trader, ensure you settle for the one you can afford. This will make it easier for you to plan your activities without digging deep into your nest egg. That being said, confirm a broker’s commissions/spreads, minimum deposit requirement, inactivity fee, overnight charges, and more.
As a beginner, it is advisable to start exploring the financial market using a broker’s demo account. This is the best platform to learn how to transact using the credit card payment method and explore various assets risk-free. Plus, demo accounts allow you to gauge your skill level and decide if you are ready to invest real cash. So, choose a credit card broker with a demo account.
Many traders in the UK will overlook this element when considering credit card brokers. However, it is essential in your research since you will be guaranteed the best support in case you experience any challenges or need clarifications. Your broker’s support service must be responsive and offer relevant solutions. The team must also be reachable across convenient channels, whether by phone, email, or live chat. Plus, check availability and ensure it aligns with your trading schedule.
Besides considering the above elements, analyse user comments and ratings for the best choices. Visit Google Play, the App Store, and Trustpilot and sample as many user comments and ratings as possible. This will give you enough insights into what each broker offers based on other users’ opinions.
How Credit Cards Work
Credit cards are physical payment cards people use to make purchases or send money to various merchants, such as online brokerage firms. They were first launched in 1958 by the Bank of America, and since then, credit cards have been among the most preferred payment methods globally. Today, millions of traders use credit cards to transact with their brokers, as it is efficient and affordable.
Note that credit cards are mostly issued by Visa and Mastercard. Holders are allowed to accrue debts that have to be repaid later. For instance, you can make deposits to your broker using credit cards and then pay your bank back at a later date. Of course, this comes with an added interest that you must be aware of.
Pros & Cons of Trading with Credit Cards
While payment methods have numerous benefits, they also have a few drawbacks. Credit cards are no exception. We list below the pros and cons of trading with credit cards so you can decide whether they are worth incorporating into your activities.
Pros
Transacting using credit cards is safe
Most global brokers accept credit cards for payments, thus encouraging flexibility whenever you travel out of the country
Credit card deposits and withdrawals are often free with online brokers
Credit cards come in various forms, including Visa, Mastercard, American Express, and more. This makes it easier for you to choose the one that best suits your interests
You can hold and transfer funds in many currencies, including USD, GBP, EUR, and more
Opportunity to earn rewards from banks such as discount and cashback deals
Cons
Conducting withdrawals using credit cards often takes long to process and complete
It is risky to make deposits with credit cards, as losses might leave you with debts to pay your card provider
Lengthy application process since your bank or card provider must determine eligibility using a credit checker
Some credit cards come with high interest rates on payments
Can you Invest with a Credit Card?
From our guide above, credit cards are convenient payment methods in online trading. Although your provider will require you to pay the funds used back with interest, brokers often do not charge fees for these transactions. Plus, you are guaranteed transactions anywhere. Fast deposits will also ensure you jump right into your trading or investment activities without wasting time.
As traders ourselves, we can advise you to embrace credit card payments as they will help you easily budget for your activities. Simply ensure the broker supporting this payment method is suitable for you to ensure an exciting experience.
FAQs
Can you fund a trading account with a credit card?
Yes. Brokers accept various funding methods, including credit cards.
Can you trade forex with a credit card?
Yes. Simply identify a forex broker that accepts credit cards and start trading.
What is a credit card broker?
This is a broker that accepts credit cards as a funding method.
Can you buy Bitcoins with a credit card?
Yes. However, you need a Bitcoin broker to purchase since it guarantees the safety of your funds.
Can I fund TD Ameritrade with a credit card?
No. Unfortunately, TD Ameritrade does not accept credit cards.
Conclusion
Trading with credit cards is flexible, and you can use them anywhere. Our best trading brokers that accept credit cards are trustworthy and fit straight into your needs. Therefore, if you are in search of a broker accepting credit cards, the above five should be your priority.
How we test?
Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.
The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example.Find out more about our test process here.
Is a regular dad trying to be smart about how we play and win in this big game of life. He has worked within the very best of the financial industry producing numerous training resources. He is an experienced copywriter with immense financial background. Now earns a full time living as a Trader, and as our writer.
His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
If he is not trading or writing, he is at the gym.
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