Best MoneyGram Brokers 2025
Discover the best brokers with MoneyGram deposits and withdrawals following our rigorous hands-on tests.
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1Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
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2RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system.
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3IQ Option is a reliable broker offering diverse asset trading on its easy-to-use platform. It supports trading in forex, stocks, cryptocurrencies, indices, commodities, and ETFs with reasonable fees and a variety of additional features and educational materials. Opening an account requires only a $10 deposit.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $300$100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | ✓ | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | USD, EUR, GBP, CAD, AUD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:2000 | ✓ | IFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | USD, EUR | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.001 Lots | 1:500 | ✗ | ✗ | CFD, Forex, Crypto, Stocks, Digital Options | Own | USD, EUR, GBP, ZAR | ✗ | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best MoneyGram Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best MoneyGram Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✗ | ||
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iOS & Android, R StocksTrader | ✗ | ||
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iOS, Android and Windows | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best MoneyGram Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✓ | ||
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✓ | $10 | 0.001 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best MoneyGram Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best MoneyGram Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 2.7% | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ | ✓ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best MoneyGram Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best MoneyGram Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
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✗ | $0 | 0.01 | 0.1 | Variable | |
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✗ | ✗ | 2 | 14 pips | BTC 7%, ETH 12% (Var) | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best MoneyGram Brokers 2025 are in terms of number of clients.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
Cons
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- RoboForex won the 'Best Forex Broker 2025' award from DayTrading.com for expanding their FX services, reducing spreads, and increasing availability in multiple countries.
- The broker provides two free withdrawals each month in the Free Funds Withdrawal program, assisting traders in reducing transaction expenses.
- The broker provides up to 1:2000 leverage for some accounts, a peak level in the industry. This high leverage lets traders increase their potential gains, but also increases risk.
Cons
- RoboForex, despite having many platforms, does not yet support the commonly used cTrader. This can dissuade traders who favor this platform for trading, which is accessible with firms such as Fusion Markets.
- RoboForex, with more than 15 years in the industry, is authorized by the IFSC in Belize, a 'Red-Tier' regulator. This authorization provides a lower level of regulatory protection for traders.
- RoboForex offers many account types which, although flexible, can be daunting for new traders to select the most appropriate for their trading preferences. Other platforms like eToro simplify the process with a single retail account option.
Why Trade With IQ Option?
IQ Option is an ideal broker for novices, offering a straightforward platform and a low starting investment. New users can effortlessly set up an account in three simple steps.
Pros
- Significant returns on binary options trading.
- Reliable around-the-clock support in multiple languages
- Easy-to-use platform for novice traders.
Cons
- No MetaTrader 4 integration
- A $10 fee is applied for trading inactivity after 90 days.
Filters
MoneyGram: A Simple Guide for Traders
MoneyGram is a major international platform for transferring money. It offers secure transactions and effective customer service across the globe. This guide will explain how MoneyGram works for trading, including how to set up an account, secure logins, and any potential fees. We’ll also highlight the top brokers that accept MoneyGram deposits.
How Did We Choose The Best MoneyGram Brokers?
To identify the top brokers that use MoneyGram, we:
- Reviewed a list of 500 brokers, focusing on those that accept MoneyGram payments
- Ensured they support MoneyGram for both depositing and withdrawing money
- Ranked them based on over 100 data points and our detailed analysis
MoneyGram Overview
MoneyGram started in 1940 as ‘Travelers Express.’ It became MoneyGram in 2004 after merging with ‘Integrated Payment Systems.’ Over the years, it has grown into a global leader in money transfers, operating in over 200 countries with more than 430,000 agent locations worldwide. Only Western Union is larger in the money transfer business. MoneyGram is a popular choice for both deposits and withdrawals at many trading platforms.
Pros of Trading with MoneyGram
Customer Support
MoneyGram offers 24/7 customer service through emails, live chat, and a comprehensive FAQ section. They also have a UK-based phone number for support, and reviews suggest their team is helpful with payment issues and questions about refunds. Note that many trading brokers also offer 24/5 customer support.
Mobile App
The MoneyGram mobile app is handy for sending money, depositing funds, and more. With over a million downloads, it helps you transfer easily on your smartphone. Available for both iOS and Android, it even includes a tracker for your transactions.
Worldwide Access
MoneyGram allows you to send or deposit money in more than 200 countries, like the UK, Japan, and Dubai. This flexibility makes it a great option if you’re trading with brokers in different parts of the world.
Broker Integration
MoneyGram is a trusted choice for payments at many trading brokers, such as CityIndex, XTB, and FP Markets. However, fees, processing times, and minimum deposits can vary. It’s worth checking broker reviews or contacting customer support for details.
Cons of Trading with MoneyGram
Limited Outside USA
If you’re outside the USA and Canada, you can only deposit using a debit/credit card or in-person at an agent location. US residents have more options, including bank transfers. This limitation may affect payment flexibility for traders in other areas.
Fluctuating Rates
MoneyGram charges higher margins on exchange rates, so using it for international transfers can be more expensive than alternatives like TransferWise. This may mean higher deposit fees from brokers.
Money Transfer Speed
Deposits with MoneyGram usually complete within hours. However, times can vary based on the destination country:
- UK – next day
- Canada – about 1 hour
- China – about 1 hour
- Netherlands – next day
In-person cash pickups are often ready in as little as 10 minutes. Remember, brokers might have their own processing times that can slow the deposit to your trading account.
Security
Security is a top priority for MoneyGram. They are part of a scams awareness organization, offering tips on how to send and receive money safely online. There is also a contact number for reporting suspected fraud. They use Strong Customer Authentication (SCA) to protect transactions.
How to Deposit Using MoneyGram
You can use MoneyGram to pay online with a US bank account or credit/debit cards like Visa or Mastercard. Most transfers finish in a few hours. However, things like local laws and bank hours can affect timing. Check your broker’s site and their customer support for any limits on sending and transferring money.
Here’s how you might deposit funds with a broker like AvaTrade:
- Login, go to the deposit section, and select ‘Fund My Account’
- Choose MoneyGram from payment options and enter the amount
- Submit payment details and confirm the transaction
Fees
MoneyGram fees depend on the amount, location, and destination. Typically, it’s cheaper using a US bank account. They provide a fee calculator on their website, but it may not reflect costs from your trading platform. Always confirm fees with your broker.
Is MoneyGram Good for Trading?
MoneyGram is a trusted global name for safe international payments. It’s versatile but offers bank account transfers mainly for US residents. Beware of exchange rates, as they might increase deposit fees from brokers.
FAQ
Which Brokers Accept MoneyGram Deposits?
Brokers like AvaTrade and RoboForex accept MoneyGram. Check our top list for more options.
Is It Safe to Deposit Using MoneyGram?
Yes, MoneyGram has strict standards for fraud prevention and customer authentication. Top brokers add extra financial security.
Are MoneyGram Deposits to a Trading Account Free?
Not necessarily. Exchange rate fees may apply, and brokers often charge a small commission. Some might cover these fees.