Best Mastercard Brokers 2025
Discover the best brokers with Mastercard deposits and withdrawals following our rigorous hands-on tests.
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1Plus500US, a reputable broker since 2021, is authorized by the CFTC and NFA. It offers futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a quick 10-minute signup, a $100 minimum deposit, and an easy-to-use web platform, Plus500 is enhancing its services for traders in the US.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.7 IQCent is an offshore binary options and CFD broker located in the Marshall Islands. They offer various account types with bonuses like payout boosts, TradeBacks, and free rollovers. With over 175 assets, 24/7 trading, and 98% payouts, the firm attracts new short-term traders. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 OANDA is a well-known broker that excels in quick trade executions, a low deposit requirement, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8 CloseOption, based in Georgia, has over ten years of experience in the trading industry. The company provides high/low binary options trading for forex and crypto markets. They offer competitive payouts, introductory bonuses, round-the-clock customer service, and user-friendly trading software.
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Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Mastercard Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| CloseOption |
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| FOREX.com |
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Why Trade With Plus500US?
Plus500US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its powerful tools and reliable service earned it second place in DayTrading.com's annual 'Best US Broker' award.
Pros
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
- Plus500US stands out for its low fees, competitive trading margins, and no charges for inactivity, live data, routing, or platform use.
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
Cons
- Plus500US offers competitive pricing but does not have a discount program for high-volume traders, unlike brokers like Interactive Brokers.
- Plus500US lacks social trading features, unlike competitors such as eToro US, which might enhance its appeal to aspiring traders.
- Plus500US is expanding its investment options, but it currently only offers around 50+ futures and no stocks.
Why Trade With IQCent?
IQCent is ideal for traders who want a simple platform for binary options and CFD trading that has low fees and offers copy trading. It features a variety of accounts and requires less than a minute to get started with a $250 deposit.
Pros
- IQCent, a binary options broker, provides a copy trading service suitable for traders who prefer a hands-off approach.
- Enthusiastic traders can join trading competitions and win cash prizes.
- New traders with a limited budget can start trading with as little as $0.01.
Cons
- The market analysis is simple, offering few technical overviews and limited opinions from analysts.
- Automated trading is not available for algorithmic traders.
- The broker is not regulated by a reputable authority, which is typical for binary options companies.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- OANDA is a credible and safe trading brand, approved by top regulators such as the CFTC.
- You can start trading as a beginner with no minimum initial deposit required.
- Experienced traders can use top-notch tools like an MT4 premium upgrade and advanced charting from MotiveWave.
Cons
- The trading markets are limited to only forex and cryptocurrencies.
- Customer support is not accessible during weekends.
- Few payment options are available and e-wallets are not supported.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
Cons
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With CloseOption?
CloseOption offers traders a user-friendly binary options platform, promising high returns and sign-up bonuses.
Pros
- Free demo account
- CloseOption hosts weekly cash-prize trading competitions.
- Beginners in trading can start with a minimum deposit of $5.
Cons
- Customers must deposit over $50,000 to be eligible for the maximum payouts.
- Binary options can be traded on both traditional (“fiat”) and digital currencies.
- CloseOption is not overseen by a reputable trading body.
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Understanding Mastercard for Trading
Mastercard is a popular choice for traders and brokers worldwide. If you have a debit or credit card or even a prepaid card with a Mastercard logo, you can easily add money to your trading account. Plus, you get special benefits like enhanced security and the ability to dispute charges if something goes wrong.
This overview examines things like how quickly you can make deposits and any fees for trading. We also list some of the best brokers you can use with Mastercard deposits.
Choosing the Best Mastercard Brokers
To identify the top brokers that accept Mastercard, we:
- Checked a large database of 500 online brokers to find those that accept Mastercard payments.
- Verified that they allow both deposits and withdrawals using Mastercard.
- Ranked them based on over 100 data points and practical testing.
About Mastercard
Mastercard is a global payment company founded in 1966 in the United States. It has been publicly traded on the New York Stock Exchange since 2006. The company’s headquarters are in New York, and it’s led by CEO Michael Miebach.
Like Visa, Mastercard provides payment services for shopping and banking through various cards. They offer many types of cards, including premium options, which you can manage through their rewards app. Other brands like Maestro and Masterpass are also part of the Mastercard family.
Mastercard recently reported revenue of over $25 billion and has significant operations in cities like London and Dubai. It collaborates with big companies like Amazon and Virgin and also supports charities in Africa through the Mastercard Foundation.
Advantages of Using Mastercard for Trading
Widely Accepted
You can use Mastercard almost anywhere in the world, such as in Europe, Africa, Asia, the UAE, and the Americas. It remains a favorite payment method for many brokers, alongside bank transfers and digital wallets.
Rewards and Offers
Mastercard provides many perks, like rewards and bonus points, which you can earn from spending. Elite cardholders get special discounts and travel insurance through the Priceless scheme. Prepaid gift cards are also an option, but check if your broker accepts them.
Protection Features
Mastercard offers chargeback protection, which means if there’s an issue with what you purchase, you may get a refund. If you’re not sure how this works with your trading broker, it’s a good idea to review the terms first.
Security
Using Mastercard is secure. They employ a system called SecureCode, which adds an extra layer of protection to your online transactions and helps prevent fraud.
Disadvantages of Using Mastercard for Trading
No Direct Issuance
Mastercard doesn’t issue credit cards directly to the public, so you’ll need to get one through your bank.
Potential Fees
There could be fees, like interest rates or currency conversion charges, when using a Mastercard. You might also have to shoulder costs passed on by your broker.
Payment Processing Speed
Mastercard payments are usually processed quickly, but the exact timing can depend on your broker. Some brokers process deposits immediately, while withdrawals might take longer, like 1 business day.
Safety Measures
SecureCode is Mastercard’s system for protecting your payments. It uses a one-time password sent via SMS to verify you’re the account holder. Many trading platforms also have security measures to protect your funds.
How to Deposit with Mastercard
To deposit using Mastercard, follow these steps through your broker’s website, like AvaTrade:
- Log in to your account area.
- Go to the ‘Deposit’ section and select ‘Fund Your Account.’
- Choose the option with the Mastercard logo.
- Select your trading account and enter the amount you wish to deposit.
- Enter your card information.
- Confirm by clicking ‘Deposit.’
You may need to verify your card by showing a photo of your card number and security code, depending on where you live. Remember that some brokers limit withdrawals to the deposited amount.
Fee Information
Fees can vary depending on your card type and are primarily determined by your bank. Brokers might also pass on some fees to you. Check the broker’s website for detailed information about fees or contact their customer service.
Is Mastercard Suitable for Trading?
Mastercard is a secure and efficient way to fund your trading account. With many brokers accepting Mastercard, it remains a popular choice despite available digital wallet options. The main concerns are potential fees and varying processing times with different brokers.
For stock prices, you can check online through relevant stock exchanges.
FAQ
Which Brokers Accept Mastercard Deposits?
Many brokers worldwide accept Mastercard payments, including leading companies like AvaTrade and Pepperstone. For more options, see our list of brokers that accept Mastercard deposits.
How Can I Contact Mastercard If I Have Deposit Issues?
If you’re having trouble with a broker deposit, SecureCode, or need help with a chargeback, the Mastercard customer service line can assist you.
Are Mastercard and Visa Deposits the Same?
Both Mastercard and Visa manage transactions but offer different rewards and security features. Most top brokers allow deposits and withdrawals with both cards.