is a convenient on-line payment system that is widely accepted in the USA, Canada and the United Kingdom. Forex brokers that accept PayPal deposits often are good-standing companies, which you can trust. You will find 22 brokers listed in the table below.
PayPal is probably the most popular online payment in the world, or at least in the parts of the world where it is fully operational. Nevertheless, PayPal is not as popular in Forex. You might want to choose a broker that accepts PayPal payments if:
You use PayPal for everything else and do not wish to begin using any other payment method.
You want extra security for your funds transfers. Broker did not credit your deposit? Refund!
If some broker accepts PayPal, then it means that it is not a scam company, at least yet.
You do not mind PayPal fees. Or, perhaps, it is a reason to start minding them…
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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.
CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.