Best Debit Card Brokers 2026

Debit card transactions are a popular method for making trading account deposits and withdrawals. Debit cards are accepted by most brokers and retailers and are offered alongside most bank accounts, producing an efficient and accessible infrastructure. Read on to discover the security, speed, pricing and advantages and disadvantages of debit card payments, as well as brokers offering prepaid cards.

We have also listed the top brokers accepting debit cards below.

Best Debit Card Brokers in Virgin Islands, British

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We have evaluated hundreds of brokers and these 6 are the best trading platforms that accept debit cards:

Tested with a live trading account Accepts traders from Virgin Islands, British Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Virgin Islands, British
   1

   XM

   4.8/ 5

   Visit XM Read review
   • Demo account
   • Platforms: MT4, MT5, TradingCentral
   • Min. deposit: $5
2. 2

   AvaTrade

   4.9/ 5

   Visit AvaTrade Read review
   • Demo account
   • Min. deposit: $100
   • Min. trade: 0.01 Lots
3. 3

   Trade Nation

   4.4/ 5

   Visit Trade Nation Read review
   • Demo account
   • Regulator: FCA, ASIC, CMVM , FSCA, SCB, FSA
   • Platforms: TN Trader, MT4, TradingView
4. 4

   Pepperstone

   4.8/ 5

   Visit Pepperstone Read review
   • Demo account
   • Min. deposit: $0
   • Min. trade: 0.01 Lots
   73-89% of retail investor accounts lose money when trading CFDs
5. 5

   Eightcap

   4.6/ 5

   Visit Eightcap Read review
   • Demo account
   • Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
   • Platforms: MT4, MT5, TradingView, TradeLocker
   71.28% of retail traders lose money when trading CFDs
6. 6

   Fusion Markets

   4.6/ 5

   Visit Fusion Markets Read review
   • Demo account
   • Regulator: ASIC, VFSC, FSA
   • Platforms: MT4, MT5, cTrader, TradingView, DupliTrade

Learn how we test brokers and why you can trust our ratings.

This is why we think these brokers are the best in this category in 2026:

1. XM 4.8/5 XM is a globally recognized forex and CFD broker with 20+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It also offers a comprehensive MetaTrader experience that we've observed firsthand placing test trades.
2. AvaTrade 4.9/5 Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
3. Trade Nation 4.4/5 Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
4. Pepperstone 4.8/5 Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 830,000 clients worldwide. It offers access to 1,400+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, helping to ensure a secure environment for day traders at all levels.
5. Eightcap 4.6/5 Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
6. Fusion Markets 4.6/5 Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.

Compare The Best Debit Card Brokers

Compare The Best Debit Card Brokers

Broker	Minimum Deposit	Minimum Trade	Instruments	Platforms	Regulators
XM	$5	0.01 Lots	CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies	MT4, MT5, TradingCentral	CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
AvaTrade	$100	0.01 Lots	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures	WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade	ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Trade Nation	$0	0.1 Lots	CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)	TN Trader, MT4, TradingView	FCA, ASIC, CMVM , FSCA, SCB, FSA
Pepperstone	$0	0.01 Lots	CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs, Spread Betting	Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView	FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya
Eightcap	$100	0.01 Lots	CFDs in Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, TradingView, TradeLocker	FCA, ASIC, CySEC, FSC, SCB, FSA
Fusion Markets	$0	0.01 Lots	CFDs, Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, cTrader, TradingView, DupliTrade	ASIC, VFSC, FSA

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
XM	4.6 / 5	2.0 / 5	3134	4.7 / 5	3.9 / 5
AvaTrade	4.3 / 5	4.8 / 5	13590	4.3 / 5	4.0 / 5
Trade Nation	4.0 / 5	4.5 / 5	2156	4.5 / 5	4.5 / 5
Pepperstone	4.0 / 5	4.2 / 5	3695	4.4 / 5	4.1 / 5
Eightcap	4.0 / 5	4.1 / 5	3909	4.8 / 5	4.4 / 5
Fusion Markets	3.6 / 5	4.8 / 5	10127	4.8 / 5	4.4 / 5

XM

4.8/ 5

Visit XM XM review

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years.

XM quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies

Regulator

CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE

Platforms

MT4, MT5, TradingCentral

Minimum Deposit

$5

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, JPY, ZAR

Pros

• XM has rolled out platform upgrades with integrated TradingView charts and an XM AI assistant, delivering faster execution, smarter analysis, and a sleeker, more intuitive trading experience.
• XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
• XM’s growing roster of 1,400+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.

Cons

• XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.
• Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.
• While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.

Visit XM XM review

AvaTrade

4.9/ 5

Visit AvaTrade AvaTrade review

AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

AvaTrade quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures

Regulator

ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)

Platforms

WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, ZAR

Pros

• Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
• Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
• The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.

Cons

• While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
• The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
• AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.

Visit AvaTrade AvaTrade review

Trade Nation

4.4/ 5

Visit Trade Nation Trade Nation review

Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.

Trade Nation quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)

Regulator

FCA, ASIC, CMVM , FSCA, SCB, FSA

Platforms

TN Trader, MT4, TradingView

Minimum Deposit

$0

Minimum Trade

0.1 Lots

Account Currencies

USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK

Pros

• In testing of the TN Trader account under normal market conditions, fixed spreads held while fills were prompt on major forex pairs, with a slight drift in the entry level as price ticked between click and fill.
• Trade Nation's 2026 partnership with Volt has sped up payments for Australian traders, who can now make instant deposits and withdrawals using PayID, with the faster payout capabilities planned for clients in the UK and EU.
• Trade Nation accounts can now be linked with TradingView, providing advanced multi-charts and the ability to execute trades directly.

Cons

• There is no raw or ECN pricing tier, which are often prefered by day traders. No matter how much you deposit or trade, you use the same fixed (or variable on MT4) pricing as beginners, making it unsuitable for scalpers especially.
• The 2–20% rebate scheme is closed to FCA, CMVM, and ASIC clients, meaning active day traders in these regions who would benefit from transaction rebates cannot claim them.
• Withdrawals can take up to five business days, which is around the industry average but slower than the 1-3 days we’re increasingly seeing brokers offer in an attempt to quash withdrawal complaints from retail investors.

Visit Trade Nation Trade Nation review

Pepperstone

4.8/ 5

Visit Pepperstone Pepperstone review

Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/5 support (18h a day on weekends).

Pepperstone quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto CFDs, Spread Betting

Regulator

FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya

Platforms

Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• Offers a dedicated CopyTrading app for traders who want a less active approach to trading, available in some countries.
• Pepperstone has greatly improved the deposit and withdrawal experience in recent years, adding Apple Pay and Google Pay in 2025, as well as PIX and SPEI for clients in Brazil and Mexico in 2024.
• After adding spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools for financial spread bettors in supported countries.

Cons

• Pepperstone has removed support for several tools that elevated the trading experience for active retail traders, notably Autochartist, Capitalise.ai and a free VPS for qualifying traders (now only pro traders in some countries).
• Despite improvements to its range of markets, crypto CFD offerings are still fairly limited compared to other brokers who focus on this area, such as Eightcap, and there's no option to invest in real coins.
• Overnight holding fees are higher than that found with some Market Maker brokers (usually Benchmark + 2.5%). This makes pepperstone an ideal broker for day traders and forex scalpers but less suitable for swing traders who often keep position open overnight.

Visit Pepperstone Pepperstone review

Eightcap

4.6/ 5

Visit Eightcap Eightcap review

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Eightcap quick facts

Demo Account

✔Yes

Instruments

CFDs in Forex, Stocks, Indices, Commodities, Crypto

Regulator

FCA, ASIC, CySEC, FSC, SCB, FSA

Platforms

MT4, MT5, TradingView, TradeLocker

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

• Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, and more recently the 100-million strong social trading network TradingView.
• With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
• Eightcap Challenges, the broker's prop trading firm, is multi-regulated, removing the third-party risks we commonly see with white-label prop firms, and its tailoring its funded accounts to crypto traders with around 150 crypto pairs, plus it's integrated into the TradingView interface.

Cons

• In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
• Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
• The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.

Visit Eightcap Eightcap review

Fusion Markets

4.6/ 5

Visit Fusion Markets Fusion Markets review

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Fusion Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto

Regulator

ASIC, VFSC, FSA

Platforms

MT4, MT5, cTrader, TradingView, DupliTrade

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• Withdrawal processing times have been slashed to under an hour and can be processed 24/7, making it faster and easier for active traders to withdraw any gains.
• Fusion Markets continues to impress with its pricing that provides tight spreads with below-average commissions that will appeal to active day traders.
• Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.

Cons

• Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
• The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
• While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.

Visit Fusion Markets Fusion Markets review

How Did We Choose The Best Debit Card Brokers?

To select the top debit card brokers, we:

What Is A Debit Card?

Debit cards are payment cards with 16-digit card numbers, expiration dates, a magnetic strip and an EMV chip.

They are a convenient way to make purchases in stores or online, including at day trading brokers. Debit cards are often provided with most bank accounts and you spend money with them, which is deducted from your account.

As well as convenience, a debit card offers many consumer protections, especially when issued by major payment processors like Visa or Mastercard. Visa, in particular, is accepted by most forex brokers in more than 200 countries across the world, working with all major currencies. Visa can also handle unlimited deposit amounts.

While standard debit cards are linked to your current or savings account, two types of debit card can be issued without a bank account: prepaid debit cards, where users can make purchases using money preloaded on the card (much like a gift card), and EBT cards (Electronic Benefit Transfer), issued by state and federal agencies in the US and allowing users to use benefits to make purchases.

Debit Card Vs Credit Card

The difference between a debit card and a credit card is that the former contains existing cash by definition. Debit cards allow you to spend the funds that you have deposited in your account.

On the flip side, credit cards allow you to borrow funds from the card issuer—a financial institution like HSBC bank—up to a certain limit. Credit cardholders must then pay the money back to the institution with added interest.

Both credit and debit cards provide their users with unbeatable convenience and protection, though credit cards offer better protection against fraud than debit cards linked to a bank account thanks to their ability to cancel a payment.

There are often no fees for using a debit card (other than overdraft fees), whereas a credit card can charge annual fees, over-limit fees and late payment penalty fees.

There are some other benefits of using a credit card as opposed to a debit card, including building a credit history as well as purchase and fraud protection. However, debit cards are safer than credit cards in terms of your spending. With a debit card, you are spending your own money rather than racking up debts with money that is not yours.

Fees

Setting up a bank account that will give you access to a debit card is usually free. Some prepaid debit cards may charge a monthly fee or a small, one-off issuance fee.

Compared to other payment methods, debit card transaction and merchant fees are relatively inexpensive, especially in the UK. You can usually expect to pay a small percentage of the trade amount or a flat fee of around £2.

However, some brokers may charge small performance markup fees. For example, fees for international debit card transactions, or currency conversion. FP Markets does not charge for deposits or withdrawals. When choosing a broker, it is often wise to pick one that has low transaction fees as this can add up if you’re making multiple transactions in one day.

Speed

Paying by debit card is one of the fastest payment methods out there, not least because everyone has their cards on them in their wallet most of the time and therefore they are readily accessible to traders on the go.

Funds transferred into an account via debit card are usually instant. Traders can then usually withdraw the profit just as quickly. Using an alternative payment method may take a couple of days.

If not immediate, debit card payments are usually processed within 48 hours. However, some transfers can take up to 5 working days.

Withdrawal times will vary between different brokers but, generally, they can be as quick as for deposits. FP Markets estimates that its withdrawal time is around one business day while Plus500 states that funds will be received in the debit card account according to the bank’s processing time only.

Security

Most brokers will require you to verify your debit card, making it a safe method to deposit funds into your trading account. It is generally a good rule of thumb to use a debit card broker with high levels of security, including two-factor authentication (2FA).

All funds deposited by debit card into a trading account must originate from an account in the same name as the trading account holder. This ensures greater security and limits money laundering opportunities. This prohibits you from making deposits or withdrawals from a corporate card or friend’s card.

Broker-Issued Debit Cards

While online brokers are primarily known for buying and selling stocks and other financial instruments, some also offer prepaid debit cards and checking accounts.

Prepaid Debit Cards

These cards are funded using money in your trading account and allow almost immediate withdrawal of profits with low fees, also providing some personal privacy.

For example, in October 2020, Coinbase launched its Visa debit card, which allows cryptocurrency to be used for online and in-store purchases. The Coinbase card allows users to earn up to 4% back in Stellar Lumens (XLM) or 1% in Bitcoin (BTC). Other companies providing crypto debit cards include Crypto.com.

A bonus is that broker debit cards can also be used to make online purchases and ATM cash withdrawals.

Brokerage Checking Accounts

Some brokerages offer checking accounts that come with a debit card, mobile banking, online payments and ATM access.

Some brokerage checking accounts have similar features to checking accounts at banks but may have additional benefits like cash machine withdrawal reimbursement and zero foreign interchange fees.

The advantages of setting up a brokerage checking account are that they don’t have a minimum balance and some accounts may partner with multiple program banks to offer more insurance.

However, brokerage accounts don’t offer all the services that a traditional bank does and generally offer a lower annual percentage yield (APY). Also, brokerage accounts don’t have cash-handling employees in physical locations.

How To Deposit Using Debit Card

First things first, you need to choose a broker that facilitates the use of a debit card in your country, such as XM. It is often also a good idea to choose a regulated broker for security and insurance purposes. A full guide to selecting the right broker can be found here.

Following that, you need to head to the relative broker’s website or app and go to your account’s payments or deposits page. Here you can choose whether to deposit or withdraw funds from your account.

When making a deposit, you need to specify the amount you wish to pay in, select debit card as your preferred payment option and enter your details. Bear in mind that this is essentially a cash card, so do not deposit more money than is in your account as you may incur overdraft charges.

The same method goes for withdrawing funds, except you will only be able to withdraw funds that are currently available in your trading account.

Pros Of Using Debit Cards For Traders

Trading with brokers that accept debit card payments has many advantages:

Cons Of Using Debit Cards For Traders

As with all payment methods, there are some disadvantages to using a debit card when trading:

Are Debit Card Payments Good For Day Trading?

The rise of the debit card when funding and withdrawing from a trading account has been somewhat of a blessing to investors and day traders. As explained, using a debit card is much easier and faster than a bank or wire transfer and it offers more security, especially if your card is a Visa, Mastercard or American Express.

Some brokers now offer prepaid debit cards, making the process even more streamlined between payments and funding your account. Ultimately, it is a fast, secure and cheap payment option for traders.

FAQ

Which Brokers Accept Debit Card Payments?

There is quite an array of brokers that will accept debit cards to deposit and withdraw funds from your trading account. Pepperstone, FBS, Plus500 and eToro are some of the top brokers we would recommend that accept debit cards.

Do Brokers Have Any Deposit Or Withdrawal Limits When Using A Debit Card?

Deposit and withdrawal limits can vary from vendor to vendor and are usually outlined on the deposit page next to the debit card payment method. Some prepaid debit card services may put a cap on withdrawals. For example, eToro has a minimum deposit of $50 (country dependent) and a maximum of $40,000 on a debit card. There is no limit on the number of stocks you can purchase with a debit card, other than the limit imposed by the money in your account or on your prepaid debit card.

Are My Trading Funds Safe With Debit Cards?

From a security perspective, using a debit card is one of the safest payment methods as it offers a lot of protection. Your trading funds aren’t at risk and as you’re using your own money, the only debt you could find yourself in is your overdraft and associated fees. However, linking your debit card to your trading account may require you to share more private information.