Apple Pay Brokers 2025
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.
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 2025.
Best Apple Pay Brokers
Based on our evaluations, these are the top 6 brokers that offer Apple Pay deposits:
This is why we think these brokers are the best in this category in 2025:
- Plus500US - Plus500US is a well-established broker that entered the US market in 2021. Authorized by the CFTC and NFA, it provides futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a 10-minute sign-up, a manageable $100 minimum deposit, and a straightforward web platform, Plus500 continues to strengthen its offering for traders in the US.
- CloseOption - CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.
- Videforex - Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
- CEX.IO - CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.
- RaceOption - RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.
- Nexo - Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, peer-to-peer loans, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card.
Compare The Best Apple Pay Brokers
| Broker | Minimum Deposit | Instruments | Platforms | Leverage |
|---|---|---|---|---|
| Plus500US | $100 | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts | WebTrader, App | Variable |
| CloseOption | $5 | Binary Options on Forex & Cryptos | Own | - |
| Videforex | $250 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView | 1:2000 |
| CEX.IO | $20 | Cryptos | TradingView | - |
| RaceOption | $200 | Binary Options, CFDs | TradingView | 1:500 |
| Nexo | $10 | Cryptos | Nexo Pro | - |
Plus500US
"Plus500US stands out as an excellent choice for beginners, offering a very user-friendly platform, low day trading margins, and access to the Futures Academy to enhance trading skills. Its powerful tools and reliable service helped it scoop second place in DayTrading.com's annual 'Best US Broker' award."
Michael MacKenzie, Reviewer
Plus500US Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts |
| Regulator | CFTC, NFA |
| Platforms | WebTrader, App |
| Minimum Deposit | $100 |
| Minimum Trade | Variable |
| Leverage | Variable |
| Account Currencies | USD |
Pros
- The trading app provides a terrific user experience with a modern design, a clean layout and mobile-optimized charts
- The straightforward account structure, pricing model and web platform offer an easier route into futures trading than rivals like NinjaTrader
- Plus500US excels for its low fees with very competitive day trading margins and no inactivity fees, live data fees, routing fees, or platform fees
Cons
- Despite competitive pricing, Plus500US lacks a discount program for high-volume day traders, a scheme found at brokers like Interactive Brokers
- Although support response times were fast during tests, there is no telephone assistance
- Plus500US does not offer social trading capabilities, a feature available at alternatives like eToro US which could strengthen its offering for aspiring traders
CloseOption
"CloseOption is the most accessible binary broker we’ve evaluated for newer traders – signing up takes less than 5 minutes, the starting deposit is just $5, and the smallest stake is $1. CloseOption is also suitable for traders who want to compete in binary trading competitions, with weekly tournaments and cash prizes up to $1,300."
CloseOption Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Binary Options on Forex & Cryptos |
| Regulator | National Bank of Georgia |
| Platforms | Own |
| Minimum Deposit | $5 |
| Minimum Trade | $1 |
| Account Currencies | USD |
Pros
- Multiple global payment methods are available
- The user-friendly platform is compatible with most web browsers
- Free demo account
Cons
- Binary options are only available on fiat and digital currencies
- CloseOption is not regulated by a well-regarded trading authority
- Clients need to deposit $50,000+ to qualify for the best payouts
Videforex
"Videforex will serve traders looking for an easy-to-use platform to speculate on the direction of popular financial markets through binaries, especially cryptos and stocks, with dozens of assets added. The integration of TradingView charts also caters to technical traders. However, it requires a trade-off – no regulatory oversight, making it a risky choice. "
William Berg, Reviewer
Videforex Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Platforms | TradingView |
| Minimum Deposit | $250 |
| Minimum Trade | $0.01 |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- Videforex is one of the few brokers with 24/7 multilingual video support, providing comprehensive assistance for active traders.
- Videforex regularly runs trading contests, offering practice opportunities and cash prizes to beginners and experienced traders, with position sizes from just ¢0.01.
- Traders can earn up to 98% payouts on 150+ assets with the broker’s binary options, bringing it in line with competitors like IQCent.
Cons
- The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
- Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
- The absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
CEX.IO
"CEX.IO continues to serve a range of crypto investors looking to buy, sell, trade, hold and earn with low fees. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."
CEX.IO Quick Facts
| Demo Account | No |
|---|---|
| Instruments | Cryptos |
| Regulator | GFSC |
| Platforms | TradingView |
| Minimum Deposit | $20 |
| Minimum Trade | $1 |
| Account Currencies | USD, EUR, GBP |
Pros
- The broker offers 24/7 support with fast response times during tests
- The proprietary terminal features an advanced charting package from TradingView, including 50+ technical indicators
- High quality educational materials are available through the University feature
Cons
- Deposit and withdrawal fees are relatively high, including 0.3% + $25 for SWIFT withdrawals
- The Exchange Plus platform delivers a cluttered interface compared to competitor platforms
- The broker has limited regulatory oversight
RaceOption
" RaceOption is amongst the best binary firms for its range of assets, notably US technology stocks and niche cryptocurrencies. With 5 second turbo contracts and tick charts through the TradingView-powered charting package, it’s well-suited to intraday traders. Regular contests also provide an extra layer to the binary trading experience. "
RaceOption Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Binary Options, CFDs |
| Platforms | TradingView |
| Minimum Deposit | $200 |
| Minimum Trade | $0.01 |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- Payouts on popular underlying assets like EUR/USD can reach 95%, beating out most alternatives based on our evaluations, and increasing potential returns, while the first 3 trades are risk-free in Silver and Gold accounts.
- RaceOption makes account funding a breeze with fee-free and near-instant deposits via bank cards and cryptos, plus guaranteed withdrawals processing within 1 hour.
- RaceOption is in the less than 1% of brokers that offers video chat, available 24/7 in multiple languages, although the knowledge of agents about trading and regulatory issues needs improvement from our direct experience.
Cons
- RaceOption is an unregulated, high-risk broker that doesn’t provide investor compensation or legal recourse options should you run into trading or withdrawal issues.
- RaceOption is one of the only brokers not to offer a demo account, which when considered alongside the absence of education, makes this broker a poor choice for beginners.
- While still affordable for many retail investors, the $200 minimum deposit raises the entry barrier, especially compared to Deriv and World Forex who are designed for budget traders.
Nexo
"Nexo gives crypto traders the capability to trade, invest, lend and borrow digital assets in one place, and it’s especially good for its credit functions that pay out very high yields to lenders. However, its fees are relatively high and many day traders will prefer a more tightly regulated crypto broker."
Nexo Quick Facts
| Demo Account | No |
|---|---|
| Instruments | Cryptos |
| Platforms | Nexo Pro |
| Minimum Deposit | $10 |
| Minimum Trade | $30 |
| Account Currencies | USD, EUR, GBP |
Pros
- Traders benefit from bonuses and incentives including free trading funds paid to lenders and cashback in the form of the exchange’s native Nexo token
- Value-add tools integrated into the trading platform including social media analysis and newsfeeds by asset
- Nexo Pro is a user-friendly proprietary platform that suits day trading strategies with great charting features
Cons
- The range of tokens is extensive compared to most crypto brokers but still much smaller than similar crypto exchanges like Kraken
- High maker/taker fees mean day traders will pay more to trade derivatives than they would at rival exchanges like Binance
- Although Nexo has registered with some reputable watchdogs, it is riskier to trade with than established crypto brokers like AvaTrade and Vantage
How Did We Choose The Best Apple Pay Brokers?
To uncover the top Apple Pay brokers, we:
- Referred to our library of 500 online platforms, pinpointing all those that accept Apple Pay payments
- Verified that they support Apple Pay deposits and withdrawals for online trading
- Ranked them by their rating, combining over 100 data points with our in-depth evaluations
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. 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.
When we compare Apple Pay vs competitors such as Google Pay and PayPal, the former’s market share has historically been greater. For the time being, its usage and general integration are unrivalled, which bodes well for future growth in retail investing.
Fees
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 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.
Speed
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.
Payments
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.
Verification
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.
Login
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.
Emergencies
If your device is stolen or lost, payments can be frozen by logging into your iCloud account or putting it in ‘lost mode’.
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.
How To Deposit Using Apple Pay
Before you can start using Apple Pay to fund a trading account such as XM, 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:
- No fees
- No daily limit
- Automatically installed for free on Apple devices
- Growing list of trading brokers that support Apple Pay deposits
- Secure with multi-level verification process including face ID for each transaction
- Deposits and withdrawals are instant but may be subject to broker processing times
- Can be used to purchase cryptos such as Bitcoin (BTC) or Ripple (XRP) through sites such as Coinmama
- Cashback with Apple Pay is available if traders sign up to the Apple Card for Apple-related purchases
- Most traditional banks support Apple Pay as well as newer banks such as Monzo with no payment plan required
Cons Of Trading With Apple Pay
There are a few drawbacks to Apple Pay:
- Not available to traders with Android devices
- Although increasing, trading brokers that accept the digital wallet are still relatively limited
- Traders in India and Zimbabwe cannot use the payment method. Qatar only recently began accepting payments
List Of Compatible Devices
- iPhone models with Face ID or Touch ID, except for iPhone 5S
- iPad Pro, iPad Air, iPad and iPad Mini models with Face ID or Touch ID
- Apple Watch Series 1 and later
- Mac models with Touch ID
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.
FAQ
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.