Diners Club Brokers 2024

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Michael MacKenzie
Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

Diners Club is a charge card and online payment system that has been in business for 70+ years and is favored by some traders for its speed, security and reward point incentives. Our team has tested platforms that accept this payment method to compile our list of the best Diners Club brokers.

Best Diners Club Brokers

Based on our analysis, these are the 1 top brokers that accept Diners Club deposits:

Click a broker for details
  1. 1
    Deriv.com

    Ratings
    3.5 / 5
    4.5 / 5
    4.5 / 5
    4 / 5
    4 / 5
    4.1 / 5
    2.5 / 5
    3 / 5
    4.2 / 5
    4.5 / 5

    $5
    0.01 Lots
    1:1000
    MFSA, LFSA, VFSC, BFSC
    CFDs, Multipliers, Forex, Stocks, Indices, Commodities
    Deriv Trader, MT5
    Neteller, Visa, Skrill, WebMoney, FasaPay, Perfect Money, Diners Club, Banxa, Paytrust, Wire Transfer, Mastercard, Credit Card, JCB Card, Sticpay, Trustly, Volet, Paysafecard, AstroPay, Maestro, Airtm, Boleto, JetonCash
    USD, EUR, GBP, AUD

Here is a summary of why we recommend these brokers:

  1. Deriv.com - Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Diners Club Brokers Comparison

Diners Club Brokers Comparison
Broker Minimum Deposit Instruments Platforms Leverage
Deriv.com logo
$5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 1:1000

Deriv.com

"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "

Jemma Grist, Reviewer

Deriv.com Quick Facts

Demo AccountYes
InstrumentsCFDs, Multipliers, Forex, Stocks, Indices, Commodities
RegulatorMFSA, LFSA, VFSC, BFSC
PlatformsDeriv Trader, MT5
Minimum Deposit$5
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR, GBP, AUD

Pros

  • The low $5 minimum initial deposit suits those on a lower budget
  • Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
  • The free demo account is ideal for practicing short-term trading strategies and no registration is required

Cons

  • There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • There's no loyalty program or rebate scheme for high volume traders

How Did We Choose The Best Diners Club Brokers?

  • We checked the broker accepts Diners Club deposits.
  • We verified the minimum deposit was accessible (below <$500).
  • We investigated whether depositing to a trading account using Diners Club is straightforward.
  • We confirmed the platform and/or app is suitable for trading using hands-on tests where possible.
  • We looked at whether the broker is regulated and assigned it a trust rating.
  • We evaluated the fees you can expect to make day trading.
  • We contacted customer support to check they are able to assist with queries about Diners Club deposits and withdrawals.

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 celebrated its 70th birthday in 2020. Today, it is owned by Discover Financial Services (DFS) and is accepted across 200 countries, connecting over 50 million merchants.

While Diners Club still issues new cards to corporate customers, it has been closed to applications from consumers for some time. It does however still serve existing consumer cardholders.

Diners Club logo

How To Deposit To A Trading Account Using Diners Club

Diners Club payments work in a similar way to standard card payments when funding trading accounts:

  1. Navigate to your Diners Club broker’s deposit page
  2. Enter the amount you want to deposit
  3. Select the debit/credit card payment option
  4. Fill in the form with relevant personal information
  5. Confirm the transaction

While deposits should be processed almost instantly in most cases, withdrawals may take several days for the broker to finalize. This is because brokers often have to perform checks before releasing funds.

Pros & Cons Of Funding Your Trading Account With Diners Club

Pros

  • Robust security with encrypted chipcards makes it difficult to forge
  • Knowledgeable customer service team with local support numbers (call +44 1244 47091 for the international number)
  • Competitive rates and strong benefits, including 2-for-1 offers, government travel cards, airport lounge access, flight and hotel booking and more

Cons

  • The company is no longer issuing new consumer cards
  • Diners Club credit cards are not available to UK customers and traders
  • Only a select few brokers accept Diners Club deposits while alternatives like Visa and Mastercard are more widely available
  • Diners Club is first and foremost positioned around its rewards catalogue

Is Diners Club Good For Day Trading?

Diners Club has some important benefits for day traders who travel a lot, but it has one very significant drawback – it’s no longer accepting new customers.

If you do already have a Diners Club card, it could be worth using because the points you earn while trading will reflect back to you in the form of air miles, car rentals, hotels and other travel perks. These are important benefits for an established and secure payment method.

Use our list of the best Diners Club brokers to make a deposit and start trading.

FAQ

Can I Use Diners Club For Online Trading?

Diners Club can be used to fund trading accounts with supporting brokers and it is a fast and secure payment service.

We have listed our top brokers that accept Diners Club and encourage traders to check these out if they use this deposit method.

Is Diners Club A Good Deposit Method For Day Traders?

If you have a Diners Club card and travel frequently, then we see this as a good payment method for day traders. You will earn points while filling your trading account, and these can be used to buy air miles or pay for hotels and car rentals.