Best Apple Pay Brokers 2024

Apple Pay is a low-cost, fast and secure payment gateway used by millions around the world. A popular and convenient way to pay for shopping, public transport, grocery trips, and increasingly, retail trading accounts. Its widespread popularity can, in part, be attributed to its straightforward setup, accessibility, and low fees. But with broker integration still limited, in this review, we explore its true merits for online trading, from getting started to fees, security and processing speeds. We also list the best trading brokers that accept Apple Pay deposits in 2024.

Best Apple Pay Brokers

Based on our evaluations, these are the top 5 brokers that offer Apple Pay deposits:

Apple Pay Brokers Comparison

Apple Pay Brokers Comparison
Broker Minimum Deposit Instruments Platforms Leverage Visit
XM logo
$5 Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures MT4, MT5 - Visit
Plus500 logo
$100 CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto WebTrader, App 1:30 Visit
Skilling logo
- Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView - Visit
VT Markets logo
$200 CFDs, Forex, Commodities, Stocks, Indices MT4, MT5, TradingView, TradingCentral 1:500 Visit
OKX logo
10 USDT Spot, futures, perpetual swaps, options AlgoTrader - Visit
ThinkMarkets logo
$0 CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) ThinkTrader, MT4, MT5, AutoChartist, TradingCentral 1:500 Visit
FXCM logo
$50 CFDs, Forex, Stocks, Cryptos, Commodities Trading Station, MT4, TradingView, eSignal 1:30 Visit
CEX.IO logo
$20 Cryptos TradingView - Visit
Dukascopy logo
$100 Forex, CFDs, indices, shares, commodities, metals, cryptocurrencies, bonds, binary options MT4, AlgoTrader 1:200 Visit
Freetrade logo
$0 Stocks, ETFs Own - Visit
Revolut logo
$0 Stocks, Cryptos, Commodities Own - Visit
Kucoin logo
$0 ETFs, Cryptos, Futures Own - Visit
Nexo logo
$10 Cryptos Nexo Pro - Visit
FP Markets logo
$40 CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral 1:30 (UK), 1:500 (Global) Visit
Coinmama logo
$30 Cryptos Own - Visit

#1 - XM

Why We Chose XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.

"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."

- DayTrading Review Team
  • Instruments: Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
  • Regulator: ASIC, CySEC, DFSA, FSC, FSCA
  • Platforms: MT4, MT5
  • Minimum Deposit: $5
  • Minimum Trade: 0.01 Lots

#2 - Plus500

Why We Chose Plus500

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

"Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources."

- DayTrading Review Team
  • Instruments: CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
  • Platforms: WebTrader, App
  • Minimum Deposit: $100
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:30

#3 - Skilling

Why We Chose Skilling

Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.

"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."

- DayTrading Review Team
  • Instruments: Forex, CFDs, Stocks, Indices, Commodities and Cryptos
  • Regulator: CySEC
  • Platforms: Skilling Trader, MT4, cTrader, TradingView
  • Minimum Trade: 0.01 Lots

#4 - VT Markets

Why We Chose VT Markets

Founded in 2015, VT Markets maintains its position as a top Australian multi-asset CFD broker. With 1000+ tradeable instruments and support for the MetaTrader 4 and MetaTrader 5 platforms, this broker delivers a wide range of day trading opportunities to over 200,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and SVGFSA.

"VT Markets is a great choice for regular traders who are looking for very tight spreads and powerful charting software. The broker's share CFD offering is particularly strong, with hundreds of commission-free assets spanning multiple global markets."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Commodities, Stocks, Indices
  • Regulator: ASIC, FSCA, SVGFSA
  • Platforms: MT4, MT5, TradingView, TradingCentral
  • Minimum Deposit: $200
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:500

#5 - OKX

Why We Chose OKX

OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders.

"OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots."

- DayTrading Review Team
  • Instruments: Spot, futures, perpetual swaps, options
  • Regulator: VARA
  • Platforms: AlgoTrader
  • Minimum Deposit: 10 USDT
  • Minimum Trade: Variable

About Apple Pay

Apple Pay is a digital wallet that permits contactless payments using near-field communications (NFC) technology. Users can store their debit or credit card information on their Apple device(s) and can access funds in just a few simple clicks. Payments can be made on all iPhone, iPad, Mac, and Apple Watch devices (list of compatible devices provided below).

Apple Pay was launched in the US in 2014 and was subsequently rolled out internationally a year later. In 2022, there are over 500 million users worldwide with that number expected to continue to grow. The digital wallet is accepted by millions of retailers worldwide, with key websites including Amazon, Tesco, eBay, Uber (including Uber Eats), Zara, and KFC integrating it into the payment options offered. In addition, an increasing number of trading brokers are now accepting Apple Pay deposits and withdrawals.

ApplePay logo

When we compare Apple Pay vs competitors such as Google Pay and PayPal, the former’s market share is much greater at close to 54%. The majority increases up to a whopping 92% when looking at total mobile wallet transactions. For the time being, its usage and general integration are unrivaled, which bodes well for future growth in retail investing.


The payment solution is supported by several US, UK and global banks including HSBC, Yorkshire Bank, Halifax and Barclays. These banks, like most, do not charge fees for using the Apple wallet.

Typically, trading brokers do not charge for depositing and withdrawing with Apple Pay. There are exceptions such as Trading212 which charges 0.7% on deposits less than £2,000. However, this fee is not specific to Apple Pay. Other brokers such as FreeTrade and TD Ameritrade do not charge to deposit. As the digital wallet continues to be integrated by online brokerages, fee policies may change so it is worth checking the latest information on our reviews.

Some third parties, such as a credit or debit card provider, may charge an additional transaction fee. Always check the terms of the platform or provider you are using.

There is also a 3% transfer fee when transferring money from Apple Pay to a credit card.


Set Up

The process for adding a credit or debit card to your Apple Pay wallet takes just a few minutes. Simply select the wallet icon on your device and then add a card in the drop-down menu.

From there, users can then link Apple Pay to their trading account through the Funding Methods tab on the broker’s website or app. The brokerage will have to offer Apple Pay as an accepted deposit method in order to use it.


Apple Pay transactions are usually deposited instantly. However, processing times may vary between brokers. Additional checks and processes can be added by third parties which can delay receipt.

Refunds typically depend on the broker or merchant’s refund policy. Visit their website for full terms and conditions.

Privacy & Security

Apple Pay security protocols are robust. So much so, that buyer protection using the digital wallet is thought to be greater than traditional plastic cards. Users are protected at all stages throughout the payment cycle against scams and fraudulent activity.


When adding new cards to your wallet, users are required to have completed the verification process. Without doing so, you are unable to gain access to the device or wallet.  Traders will be required to provide a contact number where they will receive a verification code either via text or iMessage (this won’t work with a limited signal).

If there is an error with the code or your phone number is invalid then the payment method will be declined. Customers can ring an Apple help number to arrange a verification call back with your bank or contact customer service online via a support email address. Apple won’t permit a new card to be added to your wallet without completing verification.


The login process is also secure. Simply login in to your chosen device using either face ID, a secure passcode or a fingerprint. From there you can navigate to the wallet icon which should be visible on your homepage.

The wallet’s drop-down list securely stores recent transaction history and monthly subscriptions but does not share card information with merchants and trading brokers.


If your device is stolen or lost, payments can be frozen by logging into your iCloud account or putting it in ‘lost mode’. Apple Pay permits a contactless transaction spending limit above £45 in the UK, for example (which is the maximum for contactless card payments), however, these transactions cannot be guaranteed without an approved face ID.

Note: users also benefit from Stripe functionality such as APIs. It’s also worth considering the security protocols and safety measures used by your trading broker.

Which trading brokers accept Apple Pay deposits?

How To Deposit Using Apple Pay

Before you can start using Apple Pay to fund your trading account, there are a few simple steps to complete:

Check Your Account Balance

Apple Pay does not hold any money. It is a payment processing interface that allows you to access funds held in a bank account and use them at a payment portal.  Therefore, linked cards must hold funds or have access to funds in order to make a deposit into a trading account.

Add Your Card

Before you can deposit into your trading account you will need to add a card to your wallet. This can be done by scanning or manually inputting your card number. All traditional bank cards are accepted as well as Monzo and Revolut. The wallet provides a shortcut to remove a card, set a default card, or update card info. Multiple cards can be added.

Deposit Your Funds

Once your cards have been added and verified, you are ready to deposit into your trading account. Most Apple Pay deposits and withdrawals are instant, however, specific broker processing times may vary so check the company’s website. Deposits and withdrawals can be made either on a broker’s website or a mobile app.

Outside of the standard Apple Pay guidelines, brokerages may also require additional information or further identification before you can fund your account using the wallet. There may also be minimum and maximum amounts traders can deposit or withdraw at online brokers. Head to the trading platform’s website for more information on limits and verification processes. Alternatively, see our list of top Apple Pay brokers for details.

Note, most brokers offer a demo account that traders can utilize before putting their capital at risk.

Pros Of Trading With Apple Pay

There are many benefits to using Apple Pay, these include:

Cons Of Trading With Apple Pay

There are a few drawbacks to Apple Pay:

List Of Compatible Devices

The following iPhone models support Apple Pay:

It is also available on iPad, iPad Pro, iPad Air, iPad, and iPad mini models as well as the Apple Watch Series 1 through to 7 and Macbook models with touch ID. If it won’t let you add a card, or if you have any issues updating cards, contact the customer care team who are famously knowledgeable.

Is Apple Pay Good For Day Trading?

Apple Pay offers a cheap, quick and straightforward deposit and withdrawal method for traders. It also provides users with a high level of security throughout the payment process. For traders with an Apple device that are looking for a convenient way to make regular deposits, it could be a good option.

One key drawback is its limited integration with brokers. Only a select few brokerages currently accept Apple Pay deposits, However, with retail investing on the rise and the popularity of Apple devices unlikely to diminish anytime soon, there is an expectation that integration will grow.


Is Apple Pay Safe And Secure To Use With Brokers?

Yes, Apple has a built-in level of security at each stage of the transaction. This includes the login process, adding a new card, and at the point of paying or making deposits to trading accounts. That said, it’s also important to trade with a trusted and regulated broker with robust safeguarding features.

Are Apple Pay Trading Deposits Limitless?

Apple Pay payments are unlimited however brokers may cap the maximum amount that can be deposited or withdrawn. In addition, brokerages may limit the number of transactions that can be requested over a specific period. If a payment won’t work, check the broker’s terms.

Is It Cheap To Deposit To My Trading Account Using Apple Pay?

Apple Pay is completely free. There are no monthly fees. Any applicable fees are issued by a third party such as a credit or debit card provider, or by the platform or merchant. Most brokers offer free Apple Pay deposits.