5 Best Forex Brokers Accepting Google Pay

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Ryan Hardy sitting before his forex trading desk
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Forex brokers are dealers or fintech firms that facilitate their clients’ access to trading forex and CFDs on global markets. These brokers accept various payment methods, including Credit Cards, Debit Cards, Bank Transfers, Visa, MasterCard, Cryptocurrencies, and PayPal. Some brokers also support digital wallets and local payment options such as Google Pay.

Google Pay is a secure and user-friendly digital wallet that allows users to send, receive, and store money using their smartphones. It supports fast, contactless payments and is widely used for online transactions. In forex trading, Google Pay offers a convenient and fast deposit option for traders who prefer mobile-based financial tools.

While many forex brokers accept various payment methods, only a limited number currently support Google Pay due to integration requirements and regional availability. Among those that do, transaction speed, fees, limits, and supported currencies may vary.

In this article, we have curated a list of the top forex brokers that accept Google Pay deposits. These brokers offer competitive spreads, secure and fast transactions through Google Pay, and strong regulatory oversight. We have also reviewed their licensing, supported platforms, pros, cons, and other relevant features. By comparing these brokers, you can select the one that best suits your trading strategy and preferred deposit method.

A list of the Top 5 Brokers that Accept Google Pay

  • FP Markets
  • ThinkMarkets
  • Just Markets
  • AvaTrade
  • Skilling

Best Brokers for Google Pay (Compared and Reviewed)

FP Markets

FP Markets

  • Founded In:  2005
  • Minimum Deposit: 100 AUD or equivalent.
  • Maximum Leverage: 500:1
  • Regulations : ASIC, CySEC, FSCA, FSA
  • Trading Platforms : MT4, MT5, Ctrader 
  • Trading Instruments:Forex,Shares,Metals,Commodities,Indice,Digital Currencies,Bonds,ETFs
Best Copy Trading Platform
ThinkMarkets

ThinkMarkets

  • Founded In:  2010
  • Minimum Deposit: $0 (Standard Account), $500 (ThinkZero account)
  • Maximum Leverage: 500:1
  • Regulations : ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA
  • Trading Platforms : MT5, ThinkTrader, ThinkCopy
  • Trading Instruments:  Forex, cryptocurrencies, shares CFDs, indices, metals, and commodities. 
JustMarkets

JustMarkets

  • Founded In:  2012
  • Minimum Deposit: $1
  • Maximum Leverage: 1:3000
  • Regulations : FSA, Cysec, FSCA, FSC
  • Trading Platforms :MT4, MT5
  • Trading Instruments: Forex, CFDs, Gold, Oil
AvaTrade

AvaTrade

  • Founded In:  2006
  • Minimum Deposit: $100
  • Maximum Leverage: 1:400
  • Regulations: CBI, ASIC, JFSA, FSA, FSCA, ADGM, ISA, KNF, IIROC
  • Trading Platforms : MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, DupliTrade, ZuluTrade
  • Trading Instruments: Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bond
Skilling

Skilling

  • Founded In:  2016
  • Minimum Deposit: 25 € or equivalent
  • Maximum Leverage: Up to 1:1000 for non-EU retail traders,1:30 for EU retail traders.  1:200 for professional traders
  • Regulations :CySEC, FSA, and FCA (recently deregistered from FCA)
  • Trading Platforms :MT4, MT5, cTrader
  • Trading Instruments: forex, CFDs, commodities, shares, indices, and cryptocurrencies

FP Markets

Established in 2005, FP Markets is an Australian-based forex and CFD broker that offers online trading services worldwide. It is a global brand regulated by multiple authorities, including ASIC, CySEC, SVG, FSA, and FSCA. The broker provides traders access to more than 10,000 trading instruments on its four platforms: MT4, MT5, IREAA, and cTrader. It also provides access to tools like Autochartist, Trading Central, free VPS, social trading, and more. FP Markets is a low-cost forex broker with spreads as low as 0.0 pips. 

Key Features:

  • Trading Instruments: 10000+ trading instruments including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: up to 1:500 
  •  Minimum Deposit: 100 AUS or equivalent. 
  • Account Types: Offers 2 account types: Standard, Raw
  • Fees: starting from 1.0 pips for a standard account, $3.5 commission on Raw account per side
  • PAMM/ MAM:  Yes, 
  • Zulutrade: Yes 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Pros :

  • Regulated by ASIC, CySEC, FSCA, SVGFSA, AFS, FSP 
  • The Maximum leverage is 1:500
  • Offers popular trading platforms like MT4, MT5, cTrader, WebTrader, IRESS
  • Hedging, Scalping, EA/Robot, and Copy trading are allowed 
  • Easy, Fast, and Digital account opening
  • Offers passive investment programs like MAM, PAMM Accounts
  • Faster order execution (40ms) 
  • FP Markets offers consistently tighter spreads from 0.0 pips

Cons:

  • No FCA regulation. 
  • The Minimum deposit is $100, which might be high for a beginner
  • High Stock CFD fees 
  • US traders are not accepted 
  • Only two types of accounts ( Standard, Raw)

ThinkMarkets

Founded in 2010 by Nauman and Faizan Anees, ThinkMarkets is an Australian-based forex and CFD broker that offers online trading services worldwide.  The company has offices in London, Tokyo, Chicago, Melbourne, Limassol, Dubai, Sofia, and Johannesburg. On its MetaTrader and ThinkTrader platforms, clients can trade over 4,000 instruments. Real stock trading is available on the ThinkTrader app. Traders are supported with free VPS, Signal Centre, Dynamic leverage, Traders’ Gym, etc.

Key Features

  • Trading Instruments: 4000+ trading instruments including forex, cryptocurrencies, shares, CFDs, indices, metals, and commodities. 
  • Maximum leverage: The maximum leverage of ThinkMarkets is as high as 2000:1. Leverage may vary based on jurisdiction and tradable assets. 
  • Minimum Deposit: The minimum deposit is as low as $0. However, the minimum deposit varies based on account type. ( Standard account: $0, Mini Account: $10, ThinkZero Account: $500)
  • Account Types: Three ( Standard account, ThinkZero Account, Mini Account) 
  • Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
  • Trading Fees: Spreads start from 0.4 pips for the standard account (No commission), and 2.52 pips for the Mini Account (no commission). The ThinkZero account has a spread of 0.0 pips with a commission of $3.5 per lot per side.
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Pros:

  • Regulated by ASIC, FCA, CySEC, JFSA, FSA-S, DFSA 
  • The minimum deposit is as low as $1 
  • The Maximum Leverage is as high as 2000:1 
  • Allows scalping, EA trading, Copy trading
  • Offers social trading options PAMM, MAM Accounts
  • Negative balance protections for EU, UK, and Australian clients
  • Tight Spreads Starting From 0 pips 
  • MT4, MT5, and Thinktrader trading platforms are offered 

Cons:

  • Only Forex and CFDs are offered (not real assets).
  • There is no investment protection scheme for Global traders.
  • Ctrader and TradingView are not offered.
  • No bonuses or promotional offerings are available.
  • Conditions may vary according to regulation and entity.
  • Offshore Entity for international traders 

Just Markets

Founded in 2012, Just Markets is an online forex broker that offers forex and CFD trading facilities. Regulated by CySEC, FSC (Mauritius), and FSA (Seychelles), Just Markets provides a wide range of trading instruments, including Forex, CFDs, and Cryptocurrencies. The broker allows almost all trading styles, from scalping to EA Trading, Copy Trading, and news trading.

Just Markets offers multiple trading platforms such as MT4, MT5, and a mobile trader platform. For passive investors, Just Markets provides a “copy trading” platform. The broker offers leverage as high as 3000:1. Additionally, with floating spreads starting from 0 pips, Just Markets aims to provide competitive pricing for its clients.

Key Features:

  • Applicable For: Applicable for all jurisdictions including CySEC, FSC, FSA-S, FSCA
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments:  Forex,CFDs, Gold, Oil.
  • Trading Platforms: MT4, MT5, MetaTrader Webtrader
  • Minimum Deposit:  $1
  • Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
  • Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.0 pips for the Raw Spread account, $3 per lot for the Raw Spread account, and no commission for the Standard and Pro account.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 200 Lots 
  • Funding Currencies: USD EUR GBP JPY MYR IDR THB VND KWD CNY ZAR AED NGN
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 20%
  • Margin Call Level: 50% 
  • Negative balance Protection: Yes 
  • Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 

Pros:

  • Regulated by CySEC, FSC, FSA-S 
  • The minimum deposit is as low as $1 
  • Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
  • All strategies are allowed (Scalping, News trading, EA Trading) 
  • Negative balance protection;
  • Multilingual support 24/7.
  • MetaTrader 4/5 Offered
  • Spreads from 0 pips
  • 170+ trading instruments

Cons:

  • Not regulated by tire regulators like FCA, ASIC 
  •  No passive investment program ( MAM, PAMM Accounts) 
  •  US, UK, or Japan Traders are not accepted 
  •   A small selection of trading instruments;
  • Sometimes it takes time to receive a response from technical support;
  •  3% withdrawal fees if you do not have any trading activities 

Avatrade:

Established in 2006, Avatrade is a forex and CFD broker based in Dublin, Ireland. The company offers a wide range of trading instruments including forex, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds. The broker is regulated across 9 jurisdictions AvaTrade is regulated across 9 jurisdictions including ASIC, CySEC, IIROC, ADGM/FSRA, CBI, ISA, FSCA, FFAJ, and FSC in BVI. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms for the diverse needs and preferences of the traders. To learn more, you can read our review of Avatrade.

Key Features:

  • Trading Instruments: 1,250+ popular assets, across Forex, Stocks, Commodities, Indices, ETFs, and Options.
  • Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
  • Minimum Deposit: $100
  • Account Types: Two ( Retail account, Professional Account) 
  • Trading Fees: Starting from 0.9 pips on forex 
  • MAM:  Available 
  • PAMM: No 
  • Scalping: Allowed 
  • News Trading: Allowed. However, spreads widen during major news 
  • EA/ Robot Trading: Allowed

Pros

  • Free deposit and withdrawal options
  • Great research tools
  • a wide range of trading instruments
  • ability to trade from mobile devices
  • Unique social trading features
  • Impressive educational offerings
  • Negative balance protection
  • Does not charge any fees for deposits or Withdrawals
  • Offers commission-free trading
  • Offers negative balance protection
  • Supports multiple trading platforms and EA

Cons

  • High inactivity fees
  • Not regulated by the FCA
  • Does not accept U.S. clients
  • No guaranteed stop-loss
  • Do not have 24/7 customer support

Skilling

Established in 2016 by Scandinavian entrepreneurs, Lennart Clausen, André Lavold, Henrik Ekdahl, and Mikael Harstad, Skilling is a regulated and innovative forex broker. It offers traders access to more than 900 forex and CFDs on its Skilling Trader, cTrader, and MT4 platforms. The broker’s Premium account features competitive spreads and low commissions, ideal for advanced traders. Skilling.com provides forex pairs, CFDs, commodities, shares, indices, gold, silver, oil, bitcoin, and other cryptocurrencies for your personal investment and trading options. Additionally, Skilling provides tools like TradingView, an economic calendar, market news, and detailed analysis to enhance trading decisions.

Key Features

  • Trading Instruments: 800+  forex, CFDs, commodities, shares, indices, and cryptocurrencies
  • Maximum leverage: up to 1:1000 for non-EU retail traders,1:30 for EU retail traders.  1:200 for professional traders
  •  Minimum Deposit: $25 for the Non-EU standard account, $100 for the EU standard account, and $5000 for the premium account. 
  • Account Types: Offers 3 account types: Standard, Premium MT4 
  • Fees: starting from 0.8  pips for a standard account,
  • Social Copy Trading:  Yes, 
  • Zulutrade: No
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Pros

  • Regulated by CySEC,  FSA, and FCA.
  • The Maximum leverage is as high as 1:1000 for global entities, 1:30 for EU traders, and 1:200
  • Fully Digital Account Opening ( Easy Sign and Verification Process)
  • Demo Accounts are Available
  • Low Trading fees starting from 0.8 pips for standard accounts, and 0.10 pips for premium accounts
  • Offers both leverage and non-leverage cryptos of trading
  • Educational resources with a new ‘Trading Study Hub’ for beginner investors to learn more about investing
  • Offers a variety of trading platforms and tools including MT4, Ctrader, Skilling Social Copy Trading, and Skilling own trading platform
  • Straightforward fees, no hidden charge
  • No deposit and withdrawal fees

Cons

  • Higher minimum deposit of $100 for Standard accounts, and $5000 for Premium accounts in the EU
  • Deregistered  from FCA regulations 
  • Service is not available in many countries including Canada and the US
  • 1:2 leverage for cryptocurrencies
  • Only Forex and CFDs are offered

Can I trust these Google Pay Forex Brokers?

Yes, you can trust these Google Pay Forex Brokers. Brokersway recommends brokers based on facts and findings. We evaluate brokers based on 170 data points grouped into 6 macro categories including regulations and security, fees, Trading experience, trading tools, customer support, and trading education. Multiple regulatory authorities regulate these brokers. So they are legit and trusted. Here are the regulations of these brokers

  • FP Markets: Regulated by 5 Regulatory Authorities including ASIC, CySEC, FSA, FSCA, SVG
  • ThinkMarkets: Regulated by 10 Regulatory Authorities including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA
  • Just Markets: Regulated by 5 regulatory authorities, including CySEC, FSC- Mauritius, FSA-S, FSCA
  • AvaTrader: Regulated by 8 Regulatory Authorities including ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC
  • Skilling: Regulated by 3 Regulatory Authorities including CySEC, FSA, and FCA (recently deregistered from FCA)

How Did We Select These Google Pay Forex Brokers?

To select the best Google Pay forex brokers, we follow the procedures below.

Research:

To choose the best Google Pay forex brokers, we conducted extensive research, focusing on the spreads, features, services, and regulations associated with each broker. We analyzed market trends, broker offerings, and user feedback to understand what traders value most. This comprehensive approach allowed us to build a solid foundation for our evaluations.

Data Collection:

We gathered data from various reliable sources, including official regulatory bodies, broker websites, and reputable financial news platforms. This data encompassed key metrics such as trading fees (spreads, commissions),  available assets, leverage options, and client support services. Additionally, we considered user reviews and testimonials to gauge trader satisfaction and experiences.

Verification:

After collecting data, we verified the information to ensure accuracy and reliability. This step involved cross-referencing details from multiple sources, including regulatory websites and independent reviews. By ensuring that our data is accurate, we aim to present an honest assessment of each broker’s strengths and weaknesses.

Live Testing:

We conducted live testing of the shortlisted brokers to provide a real-world perspective. This involved opening demo accounts and executing trades to evaluate the trading platforms, order execution speed, and customer service responsiveness. Our live testing process allowed us to assess each broker’s performance under actual market conditions, providing valuable insights into their functionality.

Scoring:

Finally, we scored each broker based on a set of criteria, including regulatory compliance, trading costs, platform usability, available trading instruments, customer support, and overall user experience. Each category was assigned a specific weight, reflecting its importance in the trading process. The scores helped us rank the brokers, ensuring that our recommendations align with the needs and preferences of traders who want to trade with Google Pay forex brokers. 

Final Verdict:

Forex traders always look for payment options that offer speed, safety, and convenience. Google Pay is a widely used mobile payment and digital wallet platform that allows traders to make fast, secure, and convenient deposits using their smartphones or other compatible devices. Supported by Google’s robust security features, Google Pay enables seamless integration with linked bank accounts, credit/debit cards, and other payment methods, making it an increasingly popular option among forex traders worldwide.

Google Pay is ideal for traders who value instant funding, contactless payments, and a user-friendly interface accessible on both Android and iOS devices. It offers enhanced transaction security, including tokenization and biometric authentication, reducing risks associated with traditional online payments.

Based on our research and broker integrations, here are some of the best forex brokers accepting Google Pay:

  • FP Markets: ECN Broker Offering Google Pay for Instant Deposits.
    FP Markets supports Google Pay deposits through its partnered payment gateways for eligible clients. Regulated by ASIC and CySEC, FP Markets delivers raw spreads, lightning-fast execution, and access to MT4, MT5, and IRESS platforms.
  • ThinkMarkets: Trusted Global Broker Accepting Google Pay.
    ThinkMarkets allows Google Pay funding for clients in supported regions. Regulated by FCA, ASIC, FSCA, and CMA, it offers competitive spreads, multi-platform access (MT4, MT5, ThinkTrader), and robust client protection.
  • Just Markets: User-Friendly Broker Supporting Google Pay Deposits.
    Just Markets integrates Google Pay for fast and secure payments in select markets. Known for its low fees, flexible account types, and access to MT4 and MT5, Just Markets is suitable for both beginner and experienced traders.
  • AvaTrade: Multi-Regulated Broker Accepting Google Pay.
    AvaTrade processes Google Pay deposits quickly and securely through integrated payment partners. Regulated by ASIC, FSCA, Central Bank of Ireland, and more, AvaTrade offers fixed spreads, advanced risk management tools, and platforms including MT4, MT5, and AvaTradeGO.
  • Skilling: Innovative Broker with Google Pay Integration.
    Skilling supports Google Pay deposits for traders in supported countries, offering transparent pricing, intuitive platforms, and regulation under CySEC and FSA. It provides access to MT4, Skilling Trader, and cTrader.

Each of these brokers supports Google Pay with varying deposit limits, regional availability, and processing speeds. Most also provide demo accounts so traders can explore the platform and payment process risk-free before trading live.

To summarise, when choosing the best forex brokers that accept Google Pay, you must consider the broker’s regulation, fee structure, customer support, and platform reliability. We’ve reviewed and listed trusted brokers that support Google Pay for easy deposits and withdrawals. You can select any broker from the list that fits your trading needs and enjoy secure, fast, and convenient transactions through Google Pay.