Best Wire Transfer Brokers 2025

Wire transfer, also known as a bank or electronic transfer, is a method of moving money from one account to another. Individuals can make a payment at a domestic or international level, meaning it is suitable for many traders. Wire transfer also has strict regulations, so is considered secure for depositing large amounts of money. This review will cover the best brokers that accept wire transfer deposits and how to move money online, plus information on processing times and the fee structure for this payment route.

Wire Transfer Brokers

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    Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.

    Instruments Regulator Platforms
    CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.

    Instruments Regulator Platforms
    CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30
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    FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.

    Instruments Regulator Platforms
    CFDs, Forex, Indices, Commodities, Crypto CySEC MT4, MT5
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:500
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    IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
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    Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30 (Retail), 1:500 (Pro)
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    Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM Web, ProRealTime, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
    Min. Deposit Min. Trade Leverage
    $0 0.01 Lots 1:30 (Retail), 1:222 (Pro)
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    IC Trading belongs to the reputable IC Markets group. Designed for dedicated traders, it offers highly competitive spreads, dependable order execution, and sophisticated trading tools. However, it operates from Mauritius, an offshore financial centre, allowing high leverage but within a less regulated environment.

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral
    Min. Deposit Min. Trade Leverage
    $200 0.01 Lots 1:500

Safety Comparison

Compare how safe the Best Wire Transfer Brokers 2025 are and what features they offer to protect traders.

Safety Comparison
Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
Pepperstone 4.6
XTB 4.6
FXCC 3.3
IC Markets 4.6
FXPro 4.4
IG Index 4.9
IC Trading 2.8

Payments Comparison

Compare which popular payment methods the Best Wire Transfer Brokers 2025 support and whether they have trading accounts denominated in British Pounds (GBP).

Payments Comparison
Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay
Pepperstone
XTB
FXCC
IC Markets
FXPro
IG Index
IC Trading

Mobile Trading Comparison

How good are the Best Wire Transfer Brokers 2025 at mobile trading using apps or other mobile interfaces.

Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
Pepperstone iOS & Android 4.4 4.1
XTB iOS & Android 4.7 4.1
FXCC iOS & Android 4.8 4.4
IC Markets iOS & Android 3.1 4.2
FXPro iOS & Android 4.7 4.3
IG Index iOS & Android 4.6 4
IC Trading iOS & Android 4.8 4.6

Beginners Comparison

Are the Best Wire Transfer Brokers 2025 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Beginners Comparison
Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
Pepperstone $0 0.01 Lots 4.6 4
XTB $0 0.01 Lots 4.3 3.8
FXCC $0 0.01 Lots 4.3 2.5
IC Markets $200 0.01 Lots 4.5 3.5
FXPro $100 0.01 Lots 4 4
IG Index $0 0.01 Lots 4.5 5
IC Trading $200 0.01 Lots 2.8 2.2

Advanced Trading Comparison

Do the Best Wire Transfer Brokers 2025 offer features that allow for more advanced trading strategies?

Advanced Trading Comparison
Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
Pepperstone Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
XTB Open API 1:30
FXCC Expert Advisors (EAs) on MetaTrader 1:500
IC Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FXPro Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:30 (Retail), 1:500 (Pro)
IG Index Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime 1:30 (Retail), 1:222 (Pro)
IC Trading Expert Advisors (EAs) on MetaTrader, cBots on cTrader 1:500

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Best Wire Transfer Brokers 2025.

Detailed Rating Comparison
Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
Pepperstone 4.6 4.4 4.3 3.8 4.5 4 4.6 4.3 4
XTB 4.6 4 4.4 4 4.3 4 4.3 4.1 3.8
FXCC 3.3 3.3 4.6 3 4 3.5 4.3 2 2.5
IC Markets 4.6 4 3.7 3.5 4.6 4 4.5 4 3.5
FXPro 4.4 4.3 4.5 4 4 3.8 4 4 4
IG Index 4.9 4.9 4.3 4.5 3.5 4 4.5 4.9 5
IC Trading 2.8 4 4.7 3 4 3.5 2.8 3 2.2

Our Take On Pepperstone

"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Tobias Robinson
Reviewer

Pros

  • Support for top-tier charting platforms such as MT4, MT5, TradingView, and cTrader. These tools accommodate different short-term trading methods, including algorithmic trading.
  • Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
  • Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year.

Cons

  • Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
  • Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
  • Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.

Our Take On XTB

"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."

Pros

  • The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
  • Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
  • XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.

Cons

  • XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
  • The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
  • XTB has stopped supporting MT4, restricting traders to its own platform, xStation. This decision may discourage experienced traders accustomed to using the MetaTrader suite.

Our Take On FXCC

"FXCC remains a top choice for forex traders, offering over 70 currency pairs, very tight spreads from 0.0 pips in tests, and high leverage up to 1:500 with the ECN XL account."

Pros

  • FXCC offers competitive and transparent ECN spreads starting from 0.0 pips, with no commissions. This makes it one of the most cost-effective forex brokers available.
  • There are no limitations on short-term trading techniques such as trading and scalping.
  • FXCC is a trusted and licensed broker under the regulation of CySEC, a leading European authority ensuring excellent safeguarding standards.

Cons

  • The range of research tools, such as Trading Central and Autochartist, is quite limited. Leading platforms in this category, like IG, offer more advanced features.
  • Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.
  • The variety of currency pairs surpasses most options, but the choice of other assets is limited. Notably, stocks are absent.

Our Take On IC Markets

"IC Markets provides excellent pricing, swift execution, and easy deposits. With cutting-edge charting tools like TradingView and the Raw Trader Plus account, it continues to be a preferred option for intermediate and advanced traders."

Pros

  • In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience.
  • IC Markets provides some of the industry's narrowest spreads, offering 0.0-pip spreads on major currency pairs. This makes it an extremely cost-effective choice for traders.
  • As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.

Cons

  • The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders.
  • Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
  • Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable.

Our Take On FXPro

"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."

Pros

  • FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
  • FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
  • FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.

Cons

  • FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
  • FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
  • There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.

Our Take On IG Index

"IG offers a complete package with an intuitive online platform, top-tier beginner education, advanced charting tools through its TradingView integration, real-time data, and swift execution for seasoned traders."

Pros

  • As a seasoned broker, IG adheres to stringent regulatory standards across various regions, ensuring significant trust.
  • IG provides a wide range of professional and engaging educational materials, such as webinars, articles, and analyses, tailored for traders.
  • IG stands out with its extensive range of instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it has recently introduced US-listed futures and options, along with an AI Index. These options enhance opportunities for diversification in trading.

Cons

  • Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
  • IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
  • In the UK and EU, negative balance protection is available. However, US clients lack account protection and guaranteed stop losses.

Our Take On IC Trading

"IC Trading offers an ideal environment, featuring top-tier execution speeds of around 40 milliseconds, extensive liquidity, and advanced charting tools, perfect for scalpers, traders, and algorithmic traders."
Christian Harris
Christian Harris
Reviewer

Pros

  • IC Trading offers top-tier spreads, with some major currency pairs like EUR/USD featuring spreads as low as 0.0 pips, making it an excellent choice for traders.
  • IC Trading provides exceptional flexibility, allowing traders to open as many as 10 live accounts and 20 demo accounts. This enables the management of distinct profiles for various activities, including manual and algorithmic trading.
  • Trading Central and Autochartist provide valuable technical analysis and actionable ideas. These tools are readily available within the account area or on the cTrader platform.

Cons

  • Although IC Trading operates under the reputable IC Markets group, it is licensed by the FSC in Mauritius, a regulator known for its limited financial transparency and lack of robust safeguards.
  • The educational materials require significant enhancement unless accessed via the IC Markets website. This limitation is particularly disadvantageous for beginners seeking a thorough learning experience, especially when compared to industry leaders such as eToro.
  • Unlike IC Markets, IC Trading lacks support for social trading via the IC Social app or the ZuluTrade platform.

What Is Wire Transfer?

A simple definition of this payment method is the electronic movement of funds from one person or entity to another, using a network of banks or wire transfer services. Western Union established the first widely used service in 1872, and since then it has become one of the most popular routes for payments worldwide.

Brokers accepting wire transfer deposits

The process is initiated by the trader giving their bank instructions to send funds, usually by filling out a wire transfer form. This includes details like the amount of money to move and, depending on where the funds are being sent, the international bank account number (IBAN) code of the recipient.

The trader’s bank then sends the information to the recipient’s bank using a secure system – for example, the SWIFT network is used to send money overseas by utilising a unique identifying code for each institution.

Wire transfer is popular among traders as it is generally secure and offers protection from scams, with quick settlement times.

Fees

The cost of wire transfer varies depending on the investor’s bank and the broker they are trading with, but in general this route is associated with a high fee. In the UK for example, fees can exceed £10 for a domestic wire transfer, which can be done online or over the phone. Similarly, the wire transfer fee for moving funds overseas with HSBC, like from the UK to the USA, incurs a £4 fee online and up to £17 postal.

Although traders can expect charges from their bank, wire transfer deposits are free at many large brokers, e.g. eToro. Other brokers like Coinbase charge a flat rate for wire transfers into trading accounts. In addition, some brokers charge a fee to withdraw funds regardless of the payment route.

Traders should also consider any costs incurred by the exchange rate of different currencies, if relevant to their transfer. This rate is usually set by the receiving bank.

Speed

Wire transfer is generally a fast method of depositing into trading accounts. For example, if brokers receive a completed wire transfer form from the client’s bank by 6 pm, funds will likely be available in the account on the same business day.

Withdrawal times are generally longer than for deposits. For example, at eToro traders can expect to wait up to 7 business days to receive funds.

Times are also affected by when the request is made to the bank – payments initiated on a Friday afternoon or Saturday may not be dealt with until Monday.

Security

There are robust wire transfer regulations set up in the UK that ensure user funds are protected, making it a secure method for moving large amounts of money. The maximum amount that can be sent depends on the broker and bank policy and a daily limit for wire transfers online is often imposed.

After a trader has made a wire transfer, they will receive confirmation and may be able to use their receipt for tracking its progress depending on the sending bank’s policy. Issues with this payment route are uncommon, but if the client finds the funds have not been received or have gone missing it is best to contact their bank to resolve the problem.

How To Make Wire Transfer Deposits & Withdrawals

  1. Ensure you are banking with an institution that supports wire transfer. This service is offered almost universally by major banks, including TD Bank, Revolut, NatWest, Santander, and Barclays.
  2. Set up an account with a brokerage that accepts deposits and withdrawals by wire transfer.
  3. Navigate to your broker’s deposit page on a browser or using a trading app, and enter your login credentials.
  4. Note down the broker’s wire transfer details and use them to complete the form usually provided at this stage, then forward this to your bank. Information like ‘purpose of payment’ must be inputted along with identifying codes for both sending and receiving banks, plus details like a routing number depending on the destination.
  5. Some brokers may require you to send evidence that the transfer has been confirmed. Investors then have to wait for processing of the deposit to be completed before they can start using their funds to trade, although this is usually rapid with wire transfer.
  6. For withdrawals, traders can usually make a request on their broker’s payment page. This application should be filled out with all the details required to receive funds by wire transfer, as brokers tend to only allow withdrawal via the same payment route as the deposit was made.

Pros Of Using Wire Transfer For Traders

  • Offered by many banks and brokers – Wire transfer is available online at many financial institutions, such as Nationwide, Monzo and Metrobank. Customers can also use this payment method through PayPal and at the Post Office, and it is offered by many reputable brokers.
  • Compatible with international payment – Wire transfer is one of the simplest and fastest routes to send money overseas. Other popular payment methods like ACH, direct deposit, or using a credit card are options but processing times are longer. This makes wire transfer valuable for UK traders signed up to brokers in other countries.
  • Secure – This payment route offers security to its users, as long as customers opt to trade with regulated and trustworthy brokers. Identify checks are performed throughout the transfer process, so it would be difficult for another party to obtain funds intended for your forex brokerage account, for example.

Cons Of Using Wire Transfer For Traders

  • High cost – Wire transfer involves considerable bank fees, especially when moving funds abroad. In addition, some brokers charge extra fees for depositing or withdrawing via wire transfer due to the cost of receiving these types of payments.
  • Not compatible with credit card – The majority of these payments are taken directly from the client’s bank account. Most banks don’t allow other routes, for example wire transfer with a credit card. However, it is possible to deposit a cash advance from a credit card into your bank account, and wire this money into your brokerage account.
  • Non-reversible – Traders should note that wire transfers cannot be reversed once processed. As such, it is important to pay close attention to the account details when depositing for the first time, as typing errors etc may cause your funds to be sent to the wrong recipient. Investors should also ensure their broker of choice is legitimate before making payment, as it cannot be recalled once sent.

Final Word On Wire Transfer Brokers

Wire transfer is a fast and safe payment route for moving international and domestic funds. Many major brokers accept money via online wire transfer, and it is also likely to be supported by the trader’s bank. Although the costs associated with this method are relatively high, it remains one of the best choices for securely funding your brokerage account when large or overseas transfers are involved.

FAQs

How Do I Wire Transfer A Deposit To A Broker?

Wire transfers can be requested directly from the client’s bank, by filling out a form sourced from their broker. Customers may also be able to wire transfer using their banking app at no cost.

What Brokers Accept Wire Transfer Deposits?

Many reputable online brokers offer deposits via wire transfer and only require the trader to fill in a form that is forwarded to their bank. Brokers include eToro and others.

What If My Wire Transfer Isn’t Received?

In the first instance, clients should contact their bank services with their receipt to check the progress of the transfer. Traders may also consider contacting their broker to determine whether the issue lies with the receiving bank.

How Long Do Wire Transfers Take To Finalise?

The time taken for deposited or withdrawn funds to clear depends on many factors including the broker and bank policies, time of the transaction, and whether the payment was international. Processing times are generally fast and most traders should expect to have their deposit cleared in a few hours if transferred domestically.

What Fees Are Involved In Wire Transfer Deposits?

This funding method is costly compared to other routes like e-wallets or debit card payments. Traders may pay bank charges for sending and receiving wire transfers, and many brokers also exact additional fees for depositing or withdrawing using this route.