Mastercard Brokers 2022 - Which Brokers Accept Mastercard?

Mastercard is one of the most popular banking solutions and is widely accepted by many online brokers. You can find the Mastercard logo on credit, debit and prepaid gift cards. Traders typically benefit from instant deposits, low fees and high user security. See our list of brokers that accept Mastercard payments and review our pros and cons of trading with the payment solution.

Mastercard Brokers

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Found 57 Brokers
Pepperstone offers spread betting and CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
Demo Account
Yes
Regulated By
FCA, ASIC, DFSA, CMA, BaFin
MT4 Integration
Yes
Min. Deposit
$500 recommended
Min. Trade
0.01 Lots
Crypto
Yes
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
Demo Account
Yes
Regulated By
CBoI, ASIC, FSB, ESMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$.01
Crypto
No
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
Demo Account
Yes
Regulated By
FCA, MAS, ASIC, IIROC
MT4 Integration
Yes
Min. Deposit
£0
Min. Trade
0.01 Lots
Crypto
No
FXCC is a trustworthy trading broker regulated by the CySEC. The brokerage offers ECN trade executions, leverage up to 1:500 and $0 commissions.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
Yes
XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments on their trading platforms.
Demo Account
Yes
Regulated By
FCA, CySEC, IFSC, KNF, DFSA
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.01 Lots
Crypto
No
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand.
Demo Account
Yes
Regulated By
FCA, MAS, CySec, ASIC, FSA
MT4 Integration
No
Min. Deposit
$100
Min. Trade
Varies by asset
Crypto
Yes
Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.
Demo Account
Yes
Regulated By
ASIC, CySec, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Crypto
Yes
Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe.
Demo Account
Yes
Regulated By
ASIC, FCA, MAS
MT4 Integration
Yes
Min. Deposit
£/$100 (varies by location)
Min. Trade
0.01 Lots
Crypto
No
Quotex offers a proprietary web platform that offers digital options and copy trading.
Demo Account
Yes
Regulated By
IFMRRC
MT4 Integration
No
Min. Deposit
$10
Min. Trade
$1
Crypto
Yes
Capital.com offer CFDs and Forex CFDs on a huge range of assets, with competitive spreads and zero commission on unique platforms, including the fully functional mobile app.
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, FSA
MT4 Integration
Yes
Min. Deposit
£/$/€20 (Varies by payment method)
Min. Trade
Varies by asset
Crypto
No
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads plus online CFD trading.
Demo Account
Yes
Regulated By
FSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 Lots
Crypto
Yes
easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
Demo Account
Yes
Regulated By
CySec, ASIC, BVI
MT4 Integration
Yes
Min. Deposit
€100
Min. Trade
Varies by asset
Crypto
Yes
Pocket Option is a global binary options broker with sleek proprietary trading platform and competitive range of assets.
Demo Account
Yes
Regulated By
IFMRRC
MT4 Integration
No
Min. Deposit
$50
Min. Trade
$1
Crypto
Yes
NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
$1
Crypto
Yes
EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Crypto
Yes
Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers tight spreads and no minimum deposit.
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA, SCB
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.1 lots
Crypto
No
Finq.com offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses.
Demo Account
Yes
Regulated By
FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Spreadex offer spread betting on financials with low fees. The company is a popular and award winning UK regulated broker.
Demo Account
No
Regulated By
FCA
MT4 Integration
No
Min. Deposit
£0
Min. Trade
£0.01
Crypto
Yes
GO Markets is an ASIC-regulated FX & CFD broker.
Demo Account
Yes
Regulated By
ASIC, CySEC, FSC of Mauritius
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Crypto
Yes
ThinkMarkets is a multi-regulated forex and CFD broker
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
Yes
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
Demo Account
Yes
Regulated By
FCA, MAS
MT4 Integration
Yes
Min. Deposit
£250
Min. Trade
£1
Crypto
No
Trading in the Uphold environment offers a one-stop-shop for all your crypto requirements.
Demo Account
Yes
Regulated By
FCA, FinCEN
MT4 Integration
No
Min. Deposit
$0
Min. Trade
$1
Crypto
Yes
Dukascopy is a Swiss-based forex, CFD, and binary options broker
Demo Account
Yes
Regulated By
FINMA, FCMC, JFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$1
Crypto
Yes
TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Demo Account
Yes
Regulated By
ASIC, FMA, VFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and educational services.
Demo Account
Yes
Regulated By
FSP, FMA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Crypto
Yes
Pacific Union is a multi-asset broker offering trading via the MT4 and MT5 platforms.
Demo Account
Yes
Regulated By
Cyprus Securities and Exchange Commission (CySEC) and Seychelles Financial Services Authority (SFSA)
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Crypto
Yes
AdroFX is a regulated, global broker offering forex, CFD and crypto trading with MT4 access and attractive welcome bonuses.
Demo Account
Yes
Regulated By
FSA, BSSLA
MT4 Integration
Yes
Min. Deposit
$25
Min. Trade
0.01 lot
Crypto
Yes
Bybit is an established crypto exchange aimed at active online traders.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.001
Crypto
Yes
RoboMarkets is an award-winning broker offering flexible margin trading.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$/£/€100
Min. Trade
0.01 lots
Crypto
No
OKX is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.
Demo Account
Yes
Regulated By
VARA
MT4 Integration
No
Min. Deposit
10 USDT
Min. Trade
Variable
Crypto
Yes
Core Spreads offers CFD trading and spread betting across several asset classes on two top-tier platforms.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
No
Bitfinex is among the best crypto exchanges for experienced investors with a free mobile trading application and low fees.
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$10,000
Min. Trade
$10 - $25
Crypto
Yes
Gemini is a leading crypto trading exchange with low fees and a long list of altcoins.
Demo Account
No
Regulated By
FCA
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.00001 BTC
Crypto
Yes
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
Demo Account
No
Regulated By
MT4 Integration
No
Min. Deposit
From 0.005 BTC
Min. Trade
10 USD
Crypto
Yes
Global Prime is a multi-regulated trading broker offering 100+ markets.
Demo Account
Yes
Regulated By
ASIC, VFSC, FSA
MT4 Integration
Yes
Min. Deposit
AUD $200
Min. Trade
0.01 lots
Crypto
Yes
Trade.com offers thousands of tradable assets on desktop and mobile platforms.
Demo Account
Yes
Regulated By
FCA, CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms. Over 93.60% of orders are executed at the requested price.
Demo Account
Yes
Regulated By
FCA, SCB
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Crypto
Yes
BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FMA, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Crypto
No
StormGain provides an online crypto trading platform, cloud mining tool, plus digital currency wallets and daily signals.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$50
Min. Trade
$10
Crypto
Yes
LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Crypto
Yes
Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.
Demo Account
Yes
Regulated By
FCA, FINMA, DFSA, SFC
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Crypto
No
Speculate on traditional and emerging financial markets via MT4, MT5 and cTrader. FXPrimus is multi-regulated and offers leverage up to 1:1000 alongside monthly promotions.
Demo Account
Yes
Regulated By
CYSEC, MIFID, ICF, FCA, BaFin, VFSC
MT4 Integration
Yes
Min. Deposit
$15
Min. Trade
0.01 lots
Crypto
Yes
EZ Invest is a CySEC-licensed broker offering trading on the financial markets.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Crypto
Yes
FP Markets is a multi-asset broker offering a choice of trading platforms.
Demo Account
Yes
Regulated By
ASIC, CySEC, ESMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, JSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Trade on the financial markets with low cost, leveraged products at HYCM.
Demo Account
Yes
Regulated By
FCA, DFSA, CIMA, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
Demo Account
Yes
Regulated By
FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Crypto
Yes
LiteForex Europe is an FX and CFD broker offering sophisticated trading tools.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Crypto
No
Videforex accepts deposits in a range of cryptos and fiat currencies. Payouts reach 95% per trade.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$1
Crypto
Yes
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
Demo Account
Yes
Regulated By
DFSA, MAS, FCA, SFC
MT4 Integration
No
Min. Deposit
£500
Min. Trade
Vary by asset
Crypto
No
Deposit and trade with a Bitcoin funded account. BinaryCent offers binary options, FX and CFD trading. 1:100 leverage is also available.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$.10
Crypto
Yes
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
Demo Account
Yes
Regulated By
SEC, FCA, IIROC, SFC
MT4 Integration
No
Min. Deposit
$10000
Min. Trade
$100
Crypto
Yes
Just2Trade offer high tech trading on stocks and options with some of the lowest prices in the industry.
Demo Account
Yes
Regulated By
CySEC, NFA, FINRA, Bank of Russia
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01
Crypto
Yes
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Demo Account
Yes
Regulated By
FSC of Maritius, SEBI, JFSA
MT4 Integration
Yes
Min. Deposit
From $/£/€ 5
Min. Trade
0.01 Lots
Crypto
Yes
InstaForex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
€100 to €50000 (Account choice dependent)
Min. Trade
0.01 Lots
Crypto
No

What Is Mastercard?

The Mastercard business model is similar to Visa – providing gateway payment services to merchants and individuals. Many major retail banks offer debit and credit cards with the brand’s logo and utilise the payment solution’s transfer network.

Mastercard brokers

Mastercard offers multiple payment cards, including its luxury gold, black and titanium cards, along with gift and prepaid cards. Each card has varying rewards and benefits which can be discovered on the Mastercard mobile app. Other brands in the Mastercard portfolio include Maestro, Go Mastercard and Masterpass eWallet.

The history of Mastercard dates back to 1966 when it was known as Interbank. Today, the brand has grown into one of the most successful financial services companies with annual revenues exceeding $6 billion. The company introduced its new CEO, Michael Miebach, in January of 2021.

Mastercard’s global headquarters are based in New York, USA. There are also 80+ company offices located around the world, including in the UK, Europe and Asia. Additionally, Mastercard has made the news for its various charitable foundations and operations.

Since 2006, Mastercard has traded publicly. You can find its stocks and shares price listed on the NYSE stock exchange.

Fees

When forex trading with Mastercard, it’s important to consider fees. On top of account charges, interest and interchange rates levied by your issuing bank, you need to take into account your broker’s fees. Fortunately, top brokers usually offer free deposits with Mastercard, though it’s always worth checking T&Cs before making a deposit.

The best brokers accepting Mastercard may also charge for withdrawals. This could be in the form of a fixed charge or a percentage of the withdrawal. Additionally, your issuing bank may have its own charges, especially if you’re moving funds across borders. It’s also worth noting that both brokers and banks may have their own payment limits which can impact the size of transfers.

Note, Mastercard’s currency converter tool allows you to calculate foreign exchange rates plus any bank fees you might incur.

Speed

Sending money using Mastercard debit or credit cards is usually fairly instant. In rare cases, transactions can take up to 48 hours or up to 5 days. Withdrawal timelines vary between brokers but typically take up to five days. Fortunately, once the broker has completed any security and account checks, Mastercard will process the payment promptly.

Overall, Mastercard is one of the best payment methods for traders looking to fund their account and start trading as quickly as possible.

Security

One of the benefits of trading with Mastercard brokers is the extensive security and reliability. The payment solution uses SecureCode, which is similar to 3D secure code and helps to prevent card fraud. The payment provider will send a private number code to validate payments. Your card issuer may also perform ID checks when making online payments.

Registration for additional security verification protocols can be made by contacting your card issuer. Additionally, reputable brokers provide robust security measures, including encryptions that prevent third parties from tracking your account data.

Contact your broker’s customer helpline if you have any refund security or fraud concerns, or if their payment server is down. Alternatively, you can contact the Mastercard support team on 0800 964 767. For the company’s head office address in London, see the company website.

How To Make Mastercard Deposits & Withdrawals

To pay a deposit into your trading account using Mastercard brokers, follow these steps:

  1. Head to your broker’s client area
  2. Navigate to the payments section where you should see a list of funding options
  3. Select the debit/credit card option and Mastercard
  4. Input the desired amount in your account currency
  5. Enter the Mastercard details requested
  6. Confirm the payment

Note, to verify your payment, you will need to input details of your 16-digit Mastercard number and 3 digit CVV security code.

Withdrawals at Mastercard brokers often take slightly longer:

  1. Login to your broker’s client area
  2. Navigate to the payments area and select withdraw
  3. Choose the trading account you want to withdraw from
  4. Select the debit/credit card option and Mastercard
  5. Enter the desired withdrawal amount (noting your broker’s payment limits)
  6. Confirm the transaction
  7. Follow any security measures

Pros Of Trading With Mastercard Brokers

  • Availability – Mastercard is supported almost everywhere including in most international countries i.e. UK, US, Asia, Europe and the UAE. This means most forex brokers accept Mastercard deposits.
  • Rewards & offers – Mastercard often provides various offers, voucher schemes and discounts with the Priceless scheme. Reward cards include GO Mastercard and World Debit Mastercard. These allow customers to pay with rewards from earnings. Furthermore, Elite Mastercard customers get automatic international travel insurance. Mastercard prepaid gift cards allows you to pick a gift of your choice from millions of merchants online.
  • Chargebacks – Mastercard customers are offered chargeback rights and protection if they encounter any issues with merchants. Traders should also check their broker’s T&Cs for rules on chargebacks.
  • Security – Funds are relatively safe with Mastercard. Also, in the event of suspicious activity, Mastercard will inform you and hold funds in your account until you verify the transaction.

Cons Of Trading With Mastercard Brokers

  • Withdrawal times – While deposit times are usually an advantage when trading with Mastercard, withdrawal times are slower. It can take several days for profits to appear in your account whereas some eWallets allow for same-day withdrawals.
  • Fees – Most credit cards charge fees, interest and commissions on foreign exchange rates. These costs can add up when trading. Mastercard debit cards can help reduce fees, especially if you lose money trading, preventing you from owing interest.

Final Word On Trading With Mastercard Brokers

Mastercard offers a great payment method for connecting traders to forex and CFD markets. The only downsides are the fees and the varying withdrawal times imposed by different brokers. Still, Mastercard remains one of the best payment solutions for online trading. See our list of the top brokers accepting Mastercard deposits above.

FAQs

What Is The Meaning Of Mastercard?

The Mastercard network is used to process payments between merchants and individuals worldwide. The company’s branding and logo can be found on credit and debit cards issued by major UK banks. It’s a leading payment method offered by top trading brokers.

How Do I Open A Bank Account With Mastercard?

To apply for a Mastercard debit or credit card, you will need to visit your respective bank’s branch or apply online. You may need to provide documents to verify your identity and fill out an application form. For Mastercard credit cards, you will need to show proof of annual earnings and pass a credit check.

What Is Mastercard Data And Services?

Mastercard Data & Services is a way of utilising transaction data to inform businesses about consumer behaviour. This helps businesses create actionable insights and create data-driven decisions to address certain customer journey pain points.

What Is The Difference Between Mastercard, Maestro And Visa Card?

When it comes to Maestro, the brand name of Mastercard’s debit card, vs Visa debit, the differences are limited. Each provides a similar payment gateway service with partnering financial institutions. The main difference lies in their rewards programs while fees usually depend on the card issuer.