Best Diners Club Brokers 2023

A Diners Club International card could benefit your trading account. This guide will dive into every aspect of the payment gateway, from its history and fees to security and the account setup process. We’ll also cover credit card application, eligibility, rewards points and more. In addition, we’ve listed the top trading brokers that accept Diners Club deposits below.

Diners Club Brokers

These are the 5 best brokers that accept Diners Club deposits and withdrawals:

#1 - offers CFDs and multipliers with 1:1000 leverage. Get access to volatility indices exclusively at Deriv.

  • Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
  • Regulator: MFSA, LFSA, VFSC, BFSC
  • Platforms: MT5
  • Min. Deposit: $5
  • Min. Trade: 0.01 Lots
  • Leverage: 1:1000

CFD Trading

Make leveraged CFD traders with tight spreads and zero commission

Forex Trading

Clients can go long or short on a string of major, minor and exotic currency pairs.

Stocks Trading

Speculate on big stocks like IBM, Netflix and BMW, along with equity indices

#2 - XM

XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted CySEC-regulated broker has been well-known for its low spreads and competitive fees on 1000+ instruments. XM offers both the MT4 and MT5 platforms.

XM will suit traders looking for a trustworthy broker with low fees, access to the reliable MetaTrader platforms, plus excellent market research and education.

- DayTrading Review Team
  • Instruments: Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
  • Platforms: MT4, MT5
  • Min. Deposit: $5
  • Min. Trade: 0.01 Lots
  • Leverage: 1:500

CFD Trading

Speculate on rising and falling prices with leveraged CFDs spanning popular financial markets. Users get low spreads and high-quality market insights to support CFD trading.

Forex Trading

XM offers ultra low spreads across a range of forex markets with no re-quotes or hidden charges. Forex can be traded 24/5 on desktop, web and mobile.

Stocks Trading

Trade hundreds of shares in major markets, including the US, UK, Europe and Asia. Traders can go long or short on stocks with commissions as low as $1 per transaction.


  • Premium research including market sentiment, fundamental insights and strategy builders
  • Reliable 24/5 customer support in over 25 languages
  • Powerful MT4 and MT5 platforms available via web, desktop or mobile


  • Traders from the US not accepted
  • $5 inactivity fee

#3 - Axiory

Axiory is a regulated forex and CFD broker offering tight spreads and leveraged trading on industry-leading platforms. Traders can also view useful market commentary while the training academy can upskill aspiring investors.

Axiory is a good fit for beginners with a low deposit, unlimited demo account, high-quality education and access to popular financial markets.

- DayTrading Review Team
  • Instruments: Forex, CFD indices, commodities
  • Regulator: IFSC Belize
  • Platforms: MT4, MT5, cTrader
  • Min. Deposit: $10
  • Min. Trade: 0.01 lots
  • Leverage: 1:777

CFD Trading

Speculate on the value of underlying assets with highly leveraged CFDs and no hidden costs.

Forex Trading

Trade a long list of major, minor and exotic currency pairs on intuitive platforms with tight spreads.

Stocks Trading

Axiory offers direct share dealing on blue chip stocks that pay dividends. CFDs on shares are also available.


  • Open an account and start trading in less than 10 minutes
  • Direct stock trading as well as CFDs
  • Tight spreads from 0.2 pips


  • Limited regulatory oversight in some countries
  • Relatively narrow range of instruments

#4 - Alpari

Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.

  • Instruments: CFD, Forex, Crypto, Commodities
  • Regulator: FSC of Mauritius, SEBI, JFSA
  • Platforms: MT4
  • Min. Deposit: $5
  • Min. Trade: 0.01 Lots
  • Leverage: 1:400

Forex Trading

Alpari International offer forex over a huge range of pairs including Major, minor and exotic pairs. All with competitive spreads and laddered leverage.

#5 - UFX

UFX are forex trading specialists that also offer popular stocks, ETFs, indices, and commodities. Offering tight spreads and one of the best ranges of major and minor pairs, they are a great option for aspiring FX investors.

  • Instruments: ETFs, Commodities, Forex, Stocks, Indices, CFDs
  • Regulator: CySEC
  • Platforms: Own
  • Min. Deposit: $100
  • Min. Trade: $1
  • Leverage: 1:30

CFD Trading

Invest in various markets without owning the underlying asset. Also trade with leverage.

Forex Trading

Trade over 60 forex pairs with advanced analysis tools.

Stocks Trading

UFX offers 500+ assets from around the world. Spreads vary, but get tighter based on the account type, with Platinum offering the most competitive fees.


  • Regulatory oversight
  • Demo account
  • Full range of investments


  • No MT4 integration
  • No copy trading

What Is Diners Club?

Diners Club is a direct banking and online payment services gateway. The company was founded in 1950 by Frank McNamara and, at its inception, it was the world’s first multipurpose charge card. Fast forward a few decades and Diners Club International recently celebrated its 70th birthday in 2020. Today, it is owned by Discover Financial Services (DFS) and is accepted across 185 countries, connecting over 26 million merchants.

In partnership with leading merchants, restaurants and brands, including Zomato, the platform offers a range of payment options through both its website and mobile app. Its services are available to clients all over the world, whether you’re interested in trading or shopping. Diners Club cards are supported by both Apple Pay and Google Pay and are accepted by leading brokers, including UFX, Trade360 and XM.

Diners Club Eaccount News


Diners Club offers two consumer cards:

The cards also offer rewards that can be redeemed for frequent flyer miles, travel, merchandise and even a wine club. Additional benefits included access to O’Hare Diners Club Lounge, Qantas airport lounges, JFK terminal 3 lounge, Dubai terminal 4 lounge and the terminal 5 lounge in Heathrow. BMO Diners Club cards are accepted anywhere that accepts Mastercard. Premium features and offers are available for those with Diners Club Privileges membership. For more information, see their Diners Club rewards in catalogue 2023.


When sudden changes occur in the market, you want to be able to react quickly to capitalise upon them. Thankfully, Diners Club cards offer instant execution, so you can access funds at the click of a button. With acceptance in more than 185 counties, access to more than 1 million cash access locations and ATMs, the Diners Club network is extensive. So wherever you are, you should be able to access your funds and load your online trading account.


Diners Club takes security seriously. The platform is 3D Secure (3DS), implementing 2-factor authentication (2FA) during the account login process in addition to sharing guidance on how to protect yourself against fraud. The advice hosted on the company’s website is broadly applicable to any debit or credit card, so it could be worth checking out. You can also find the company’s Privacy Policy on its website, which outlines its approach to the use of cookies and its commitment to protecting consumer data.

The company doesn’t go into great depths regarding its security measures but we feel confident in its approach to customer safety. The company hasn’t been involved in any major scams, hacking or phishing scandals. If you would like to know more, contact the Diners Club team using the details below.

Account Setup

Account setup will vary somewhat between countries but the principles remain the same whether you’re in the US, Australia or S.A. You will find an option to ‘Join the Club’ on the Diners Club website. You can then select whether you’d like to join as an individual or merchant and which credit card option you’d like to proceed with. You will find everything you need in your online portal, including login, banking, e-statements and information on how to redeem your points. You can then fund and empty training accounts at will or using a GIRO form.

Pros Of Using Diners Club For Traders

Cons Of Using Diners Club For Traders

Contact Details

To get in contact with the Diners Club International customer service team, if you wish to update your address, for example, head to the website. There you will find a range of options tailored to the country you are based in:

In the US, clients will also have access to a 24h hotline.

To register a complaint, visit the ‘complaints handling procedure’ page for further information. You can also find the company on social media at Facebook, Twitter, YouTube, Instagram and LinkedIn. The team assist with all kinds of queries, from qualifying criteria to late bill payments, deals, loans, address updates and fee waivers.

Brokers that accept Diners Club deposits

Diners Club Vs Competitors

So, how does the system compare to the likes of Visa, Regalia, Discover, JCB, Singh and American Express? In summary, Diners Club operates much like Visa but is less well-known on the global market. In India, Regalia offers close competition; both networks are centred around their rewards package, especially in the travel space, offering VIP airport lounge access in addition to other benefits. However, Regalia are accepting new clients. In terms of exchange rates, Visa, Mastercard and Amex are all more competitive.

Accepted Countries

Diners Club accepts clients from North America (U.S.), Australia, Bangladesh, China, India, Japan, Philippines, Singapore, Armenia, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Greece, Italy, North Macedonia, Poland, Slovak Republic, Slovenia, Spain, Switzerland, Turkey, Argentina, Brazil, Colombia, Ecuador, Peru, Venezuela, Israel, Kuwait, Qatar, South Africa, United Arab Emirates (UAE) and Canada.

Clients from the UK, New Zealand, Malaysia, Thailand, Finland, France and Hong Kong are not accepted.

Final Word On Diners Club

For traders that already have an account with Diners Club, the fact that the card is accepted by multiple leading brokers, the fees are competitive and the free rewards catalogue is extensive means that it could be a good funding option. Use our list of brokers accepting Diners Club deposits to get started today.


What Are The Diners Club Foreign Exchange Rates For Indian Rupees?

The exchange rate offered by Diners Club has been $1 to Rs 67.3. In comparison, XE offers $1 to Rs 66.4, Amex Rs 66.8 and Mastercard Rs 66.6. Diners Club has the poorest rates we found when comparing against leading payment providers.

Diners Club – What Is It?

Diners Club International is a payment gateway that has been in operation since 1950. The company, based in America, offers a range of merchant and retail solutions, in addition to travel benefits. There are also some linked payment cards with partner companies, including Vicom and HDFC Bank for 10x rewards.

Can I Apply For A Diners Club Personal Card In The UK?

It is not possible to get a Diners Club card if you are based in the UK. The company does have a global presence but the UK is not currently within its operational remit.

What Is The HDFC Diners Club Black?

In India, the service has some competition from the likes of RuPay and HDFC bank, which offer a range of credit cards including HDFC Bank Millennia and Smartbuy, as well as Diners Club Black. Ensure that you conduct comprehensive research ahead of deciding which solution you opt for.

Where Is A Diners Club Card Accepted?

The Diners Club card is accepted in most places that accept MasterCard. The company’s services are available across the globe, including in North America, South America, Europe and Asia. For a comprehensive breakdown, visit the Accepted Countries list above.