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!
Adam is head of content on TradingGuide.co.uk. He has many years of experience in the financial sector and honestly admits that he is in love with his job.
PayPal is one of the most world-accepted payment methods. The number of institutions embracing PayPal is increasing, and online brokers are no exception. The payment method is efficient, secure, and fast, making online transactions accessible to many.
Today, we are exploring the best brokers accepting PayPal in the UK. We will also answer some of the common questions traders ask about transacting using this payment method. We aim to give you unbiased recommendations and information that will ensure you have an exciting trading experience.
Best Brokers That Accept PayPal 2025
Pepperstone – MT5 Forex Broker in the UK that Accepts PayPal
Plus500* – No. 1 CFD Platform** That Accepts PayPal
eToro– Best Forex Broker for Beginners that Accepts PayPal
FxPro – Best Forex Broker in the UK that Accepts PayPal
FP Markets – Best Forex Broker for Advanced Traders that Accepts PayPal
OANDA – Best Stock Broker in the UK that Accepts PayPal
*80% of CFD retail accounts lose money with Plus500
**Investment Trends 2020
In this guide
Best Brokers Accepting PayPal in the UK
Compare Brokers that Accept PayPal in the UK
We have created a comparison table below highlighting some of the elements we considered during our research. Feel free to compare them and make selections that best suit your trading and investment needs.
Credit cards, Bank Wire Transfer, Neteller, Skrill, Union Pay, Boleto, AstroPay, FasaPay
Yes
Yes (Up to $1,000,000)
Brief Overview of Our Recommended PayPal Brokers’ Fees and Assets
Traders and investors should choose PayPal brokers with features aligning with their needs and preferences. Among the features to prioritise are brokers’ fees and assets. You want a trading platform you can afford and lists your preferred assets for maximum experience.
That being said, see below our table with brief overviews of our recommended PayPal brokers’ fees and assets.
Our Opinion & Overview of the Best PayPal Brokers UK
We conducted multiple tests and comparisons on hundreds of brokers that accept PayPal in the UK. We also analysed user testimonials on Google Play, the App Store, and Trustpilot, and then combined the findings from the two research processes. Only those that met our specifications qualify to be included in our recommendations list. Below are our broker reviews based on our hands-on experience. By sharing our opinion, we believe you will get enough insight to make the best choice.
1. Pepperstone - MT5 Forex Broker in the UK that Accepts PayPal
When it comes to Pepperstone, we find its platform user-friendly and highly customisable. Among the assets we explored, we like the vast selection of currencies the broker lists, thus leading us to primarily recommend it to forex brokers. Its MT5 platform hosts some of the best trading tools, including 38+ indicators, 21 timeframes, and more. You also have the option to trade forex on Pepperstone’s MT4, TradingView, and cTrader platforms.
We find Pepperstone asset selection to be limited compared to most of its peers. We discovered 1200+ CFD and spread betting options. The good news is that these assets are spread across different classes, including forex, stocks, commodities, and more. It makes it easier for you to diversify your portfolio. On top of that, all PayPal transactions are free, and you can opt for other efficient transaction methods should you feel like trying something new. Comparing Pepperstone with other brokers, we give it a 5-star rating.
1
Pepperstone Review
TradingGuides Rating:
✔ Top tier liquidity ✔ No dealing desk intervention
Advanced MT5 trading platform that is easy to use.
Lists 100+ currency pairs to choose from.
Many educational tools are available for learning.
Cons
Limited fundamental data.
Customer service is not available 24/7.
Type
Fee
Minimum Deposit
$0
Withdrawal fee
$0
Deposit fee
$0
Inactivity fee
No
Account fee
No
1200+ instruments across FX, indices, cryptocurrencies*, equities, energy and commodities, and more, across three, free powerful platforms.
*Only Pro clients get access to cryptos.
2. Plus500 - No. 1 CFD Platform** That Accepts PayPal
*Illustrative prices
**Investment Trends 2020
We discovered Plus500 as our top choice for a CFD broker that seamlessly accepts PayPal alongside other payment methods like credit/debit cards, bank transfers, and more. The mere £100 minimum deposit requirement combined with free and frictionless transactions across the platform truly impressed us. We also like Plus500’s diverse offerings. You will explore over 2,800 CFD assets, including forex, shares, ETFs, commodities, and more. Plus, all traders are commission-free, with low spreads starting at 0.0 pips. It’s a no-brainer that Plus500 caters comprehensively to traders of all levels.
For professional traders who prefer PayPal transactions, Plus500 has a “Professional Trading” section for you. Here, you will explore advanced trading tools and high leverage limits up to 1:30. Plus500’s exceptional support service added immense value to our trading experience. Its team’s responsive assistance and user-friendly platform eased our navigation, thus leading us to award the broker a 4.5-star rating.
1
Plus500 Review
TradingGuides Rating:
✔ Educational materials
✔ Regulated in many countries
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
Its featured assets are available to trade as CFDs only
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. eToro - Best Forex Broker for Beginners that Accepts PayPal
Our experience with eToro was exceptional, and we primarily recommend it to newbies. Besides an easy account opening procedure, making deposits and withdrawals using PayPal is instant with eToro. All PayPal deposits are free, and you can choose additional payment options like credit cards, Neteller, Skrill, and more. You can get started using eToro’s demo account, which is loaded with £100,000 virtual funds. Its live trading account also has a low minimum deposit requirement of £100.
Another element that makes us recommend this broker to newbies is its award-winning copy and social trading platforms. Although accessing these platforms requires high deposits, you will maximise your experience and potential here. Moreover, eToro offers users the opportunity to buy stocks with PayPal commission-free. We also noticed that the broker is loaded with plenty of learning resources, leading us to award it a 5-star rating.
1
eToro Review
TradingGuides Rating:
✔Copy/Social trading
✔Low minimum to fund an account and begin investing
Multiple funding and withdrawal methods, including PayPal
Cons
Cash holding is in US dollar currency only
No third-party trading platforms like MT4 and MT5
Types
Fee
Minimum Deposit
$100
Conversion Fee
depends on your payment method, currency, and eToro Club level.
Overnight Fee
vary according to the value and direction (BUY or SELL) of your position
Withdrawal Fee
all withdrawal requests are subject to a $5 USD fee
Inactivity Fee
monthly inactivity fee of $10 USD (charged after 12 months)
Stocks – there is a total of 800 stocks offered ranging from the biggest tech businesses in the U.S. to smaller companies from all over the world. Stock trading is always commission-free with eToro.
Cryptocurrencies – being one of the first brokers to jump on the cryptocurrency bandwagon, it comes as no surprise that eToro dominates this segment. With more than 20 coins and a number of cryptocurrency pairs, there is enough for all crypto traders.
Currency Pairs – in the early days, eToro was just another FX broker and even though they’ve developed since, the broker has stayed true to its roots. As a trader, you can choose between 49 currency pairs ranging from majors and minors to a few exotic ones.
Long-Term Investments– unlike many online brokers, eToro is also suitable for long-term investments. For example, their investment portfolios are a great way to diversify your portfolio and limit risk.
Additional assets – in addition to the above, eToro provides access to commodities, indices, and ETFs as CFDs. There is also a range of unique assets such as Crypto Portfolios that are only offered by eToro. This means that you can create a diverse portfolio with ease.
4. FxPro – Best Forex Broker in the UK that Accepts PayPal
We find FxPro the best PayPal forex broker for various reasons. For instance, the platform has proven user-friendly with customisable features. Plus, FxPro offers a wide range of tradable instruments to choose from. These include over 70 currency pairs, including major, minor, and exotic currencies. In addition to PayPal, you can transact using credit cards, bank transfers, Skrill, and more at zero transaction costs.
You can rely on FxPro’s different trading platforms for your forex activities. Depending on your experience level, you can choose from its proprietary platform, MT4, MT5, and cTrader. The FxPro edge web-based trading account is easy to use with a customisable layout. You will have access to more than 50 technical indicators and charting tools for market analysis. Additionally, all these platforms perform seamlessly on mobile devices, allowing you to monitor your trading activities on the go. We give this broker a 5-star rating in this category.
Charges $5 inactivity fees after six months of inactivity.
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.
5. FP Markets – Best Forex Broker for Advanced Traders that Accepts PayPal
Among the PayPal brokers we have tested, we find FP Markets a viable choice for advanced traders. Besides having an intuitive design interface, the broker lists over 10,000 CFD instruments to choose from. These include forex, commodities, shares, indices, cryptocurrencies, and more. All these securities are accessible on its proprietary platform and advanced options like cTrader, TradingView, MT4, MT5, and Iress.
Forex trading with FP Markets attracts low trading fees with spreads from 0.0 pips. Comparing it to its peers, we find its minimum deposit requirement of £100 among the lowest. We believe advanced traders, especially the most active ones, will enjoy their experience here. What’s more, FP Markets is compatible with desktop and mobile devices, and you can download its app from the App Store or Google Play to invest on the go. Its demo account is beginner-friendly, allowing you to explore its instruments and performance without risking your money. We give this broker a 4.5-star rating.
1
FP Markets Review 2025
TradingGuides Rating:
✔Low trading fees ✔Accounts can be opened fast and easy
Quality and advanced features for an ultimate trading experience
Low forex trading fees starting from 0.0 pips
Excellent education resources are available
Demo account features a virtual £10,000
Customer support is available 24/7
Cons
FP Markets is not secured with a two-step safe login procedure
No price plan on forex trading
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.
6. OANDA – Best Stock Broker in the UK that Accepts PayPal
OANDA takes the lead as the best stock broker that accepts PayPal in the UK because of its reputation in the stock CFD market. Having been in the industry for over two decades, this broker has proven to accept PayPal transactions on its trading MetaTrader 4, web, and TradingView platforms. Besides stocks, OANDA lists additional CFD assets, including forex, indices, commodities, bonds, and more.
From our experience, OANDA is one of the most affordable, with no minimum deposit requirement. All PayPal transactions are free of charge. With its virtually funded demo account, the broker provides an avenue for newbies to explore the financial landscape without risking real funds. Moreover, we find its trading tools powerful, as they helped us in market analysis, thus creating solid strategies for our trades. That being said, we give OANDA a 4.5-star rating.
1
OANDA Review
TradingGuides Rating:
✔ Outstanding research tools
✔ Fast and user-friendly account opening
76.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
*We do not charge a fee for withdrawals made to your PayPal account. If your PayPal account is denominated in a currency other than GBP, EUR or USD, you may incur an exchange fee levied by PayPal.
With OANDA, you can trade forex, indices, metals (a wide range of metals, including gold and silver), commodities and bonds.
7. Vantage FX - ECN Forex Broker that Accepts PayPal
For traders looking for an ECN forex broker accepting PayPal, Vantage FX is your go-to platform. Our broker tests and comparison show that Vantage FX allows you to invest in over 1,000 instruments, such as share CFDs, forex, indices, commodities, and more. It is known as the best with ECN trading platform, considering low trading fees with spreads from 0.0 pips. We encourage beginners to get started on the broker’s demo account loaded with £10,000 virtual money.
We can’t go without mentioning how fast this broker is when it comes to trade execution. Besides its MT4 ECN platform, we enjoyed trading on its TravingView option, which is tailored for advanced CFD traders. There are also the MT5 and ProTrader, which list powerful market analysis tools, precision charting, and more. And the best part is that you can seamlessly manage your activities using your mobile device on the go. Vantage Markets also supports copy trading, allowing users to interact with each other and mirror positions with increased profitability. Comparing this broker to its peers, we give it a 4-star rating.
1
Vantage FX Review 2025
TradingGuides Rating:
✔ Commission-free accounts
✔ Great educational resources
PayPal is an online payment method that allows users to send and receive payments electronically. It was launched in 1998 and has grown to become one of the best options for making online financial transfers.
Besides checking your account directly, PayPal allows you to link your credit card. This creates flexibility in online payment, as you can choose the option that best suits your preference. When it comes to business transactions, PayPal has helped millions of businesses globally. So far, it boasts billions of payment transactions across over 200 global countries.
Overall, PayPal is an efficient, reliable, and secure payment method for making online purchases or transacting with a broker. It is designed to replace manual cheques and money orders. Its business accounts, loan service, and ability to allow users to transact cryptocurrencies make it popular for individuals.
How Does PayPal Work?
Before using PayPal, you will create an account. The process is straightforward since you will only share a few personal details and participate in account verification. Once you have your PayPal account up and running, you can link it with your credit/debit card or bank account. This will make it easier for you to select the most convenient method of transacting when needed.
One thing we like about PayPal is that it is highly secure. To receive funds, the payment recipient only needs an email address linked to a PayPal account. Plus, all recipients must have PayPal accounts—an element that ensures online transactions remain safe.
Additionally, PayPal securely processes all transactions and encrypts any sensitive information. Once a payment is sent to your PayPal account, you will receive it instantly, and an email notification will be sent. You can then decide whether to withdraw your funds, transfer them to your linked bank account, or leave them in your PayPal balance.
Besides allowing users to send and receive money in different currencies, PayPal offers other services that make it stand out. These include invoicing, buyer/seller protection for online transactions, and subscriptions. Businesses also widely use it to manage finances and access loan services, whether on desktop or mobile devices.
Registering an Account with a PayPal Broker* - Step by Step
BEWARE OF SCAMS
When engaging with cryptocurrencies, it’s crucial to recognise that these digital assets are characterised by their extreme volatility and speculative nature. This can result in swift and substantial price fluctuations. To safeguard your crypto holdings, it is imperative to utilise reputable wallets and exchanges, prioritising the security of your investments.
Also, exercise vigilance and due diligence to guard against crypto-related scams and fraudulent schemes that can potentially threaten your financial well-being. You can also spread your investments across multiple digital tokens and avoid making decisions based on emotions.
We hope you now understand what PayPal is and the best brokers to get started with. If you are new to trading but are looking for a PayPal broker, here are the simple steps to get started.
Whether you choose a PayPal broker from our recommendations list above or conduct your own research, ensure it has features matching your trading needs. To register a trading account, visit the broker’s official website. Start by understanding its terms and conditions to avoid inconveniences once you are fully invested. And if you are always on the move, consider installing trading apps that accept PayPal on your mobile device to easily manage your activities anywhere, anytime.
Once ready, click the “Join” or “Register” button to begin the registration procedure. For most FCA-regulated brokers, this process is similar and takes a few minutes to complete. You will fill out the form that is available using your personal details. These include your name, email, phone number, date of birth, preferred currency, location, and more. Your broker may also require you to create a username and strong password for an added layer of safety to your account.
FCA-regulated brokers require all traders to verify their personal information during account registration. This is to ensure the online trading environment remains safe and secure from imposters or fraudsters. In this regard, your broker will require you to share proof of identity and location. This includes copies of your original ID, passport, or driver’s licence and a recent utility bill or bank statement, respectively. For most FCA-regulated brokers, the verification process takes up to 2 days, and an email notification will be sent once your account is fully activated.
With your activated account, you are now ready to make a deposit. Choose PayPal as your preferred payment method and enter the deposit amount per your broker’s minimum deposit requirement. You will then be redirected to the PayPal website to log into your PayPal account to complete the transaction.
Once your broker confirms your deposit, you can choose the assets you prefer to trade. You must have a plan and budget to maximise your experience and potential. For beginners, start with a small trading capital or the broker’s demo account since the market is unpredictable, and you do not want to risk much. Most importantly, apply risk management controls such as stop-loss orders to mitigate massive losses in case a trade doesn’t work out in your favour.
*Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
PayPal and Trading
Many brokers are now accepting PayPal for deposits and withdrawals. Its integration with trading platforms has proven efficient and reliable to many traders. The payment method is also secure, considering users will enjoy features like encrypted transactions, buyer protection, two-factor authentication, and more. It makes users comfortable and confident while trading, knowing that all their sensitive banking details will not be shared with brokers.
Note that PayPal is easily accessible on desktops or mobile devices. It is user-friendly, and any trader, regardless of location, can transact without needing guidance. The fact that it is accepted across many global regions makes international trading streamlined. You can trade global assets using any preferred currency, as PayPal automatically handles currency conversions at competitive rates.
Besides streamlined transactions, PayPal offers credit services. These provide a line of credit for eligible purchases, allowing traders to access funds quickly for trading purposes. Plus, you can buy, sell, and hold cryptocurrencies directly from your PayPal account, thus expanding your investment options. Simply ensure you understand how to buy Bitcoin with PayPal before using it in cryptocurrency purchases.
Pros & Cons of Trading with PayPal
All payment methods have pros and cons, and PayPal is no exception. Below, we help you understand the benefits and pitfalls of trading with PayPal. This is so you can decide whether it is worth incorporating into your activities.
Pros
Its international presence makes it easier for traders to use it anywhere.
PayPal allows you to transact using 25+ currencies, including USD, GBP, CAD, EUR, JPY, and more.
PayPal is highly secured and encrypts all transactions. By enabling you to see summaries of your payments, it will be easier for you to act quickly if you spot anything suspicious.
Instant payments compared to other methods like bank transfers.
It is easy to use, whether while making deposits or withdrawals.
You can use PayPal on both desktop and mobile devices.
It allows crypto payments using Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Cons
You must have a PayPal account to transact with it.
You may incur a withdrawal fee to process a payment to your bank account.
FAQs
Can I trade using PayPal?
Yes. Several brokers in the UK support payments through PayPal. All you have to do is register a trading account with your favourite broker, make deposits using a verified PayPal account and start trading.
Does TD Ameritrade accept PayPal?
No. Unfortunately, TD Ameritrade does not accept payments through PayPal.
Can I use PayPal for Forex?
Absolutely. PayPal allows up to 56 currencies and so it is possible to use it for forex trading. Just make sure that you are trading using a broker that accepts PayPal.
Can I use PayPal to invest in stocks?
Yes. Simply choose a PayPal broker and make a deposit via PayPal. You will then be able to access the stocks markets and start investing. Note that you must create and verify a PayPal account for you to invest in stocks using PayPal.
Can I fund my Robinhood account with PayPal?
No. Robinhood does not accept PayPal transactions. However, many other brokers in the UK accept PayPal. Examples are in our mini-reviews above.
How can I use PayPal without a card?
You can use PayPal without a card to make deposits and withdrawals from your broker. Simply create and verify your PayPal account, link it to your trading account, and you are good to go.
Conclusion
PayPal is increasingly becoming a preferred payment method not only in the UK but globally. Before you start trading using this payment method, ensure you can afford it since smaller transactions tend to attract higher charges. Also, find a suitable broker accepting PayPal. The broker must be regulated, feature the right assets, be affordable, have reliable support service, and more. It is also crucial to consider brokers with alternative payment methods like Skrill, Neteller, and more. This way, you can always make deposits and withdrawals even when PayPal is not available to you for unavoidable reasons.
How we test?
Our evaluation and testing process is thorough and exhaustive. First, we conduct extensive research. Our experts visit each broker’s official site and assess every offering. Then, we go to credible review sites like Trustpilot, Google Play, and the App Store and read user testimonials and feedback. After research, our experts proceed to the next step: testing.
The testing phase is critical in determining if brokers deliver as promised. We used demo and live accounts to vet available trading platforms, tools, and other resources. While doing so, our experts strive to identify the most pronounced strengths and weaknesses.
Why do we do all that? It’s simple. You are a valued member of the TradingGuide family, and we are committed to doing everything in our power to ensure you have access to the best brokers. 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.
We may receive compensation from our partners for placement of their products or services, which helps to maintain our site. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products.
