Top American Express Brokers for 2020

We found 11 online brokers that are appropriate for Trading American Express.

Best American Express Brokers Guide

American Express Brokers

American Express or Amex is one of the most popular credit cards in the world and its American Express brokers have helped in getting a wide user base.

The Amex payment solution is widely supported by the global Forex industry and there are many platforms that accepts deposits by using it.

Funding Forex Account with Amex

Making an online payment with Amex as simple as making a credit card payment. The first step is to go to the payment page of the brokers' website and select the option Amex from the options.

Next, the credit card information has to be submitted and thereafter the amount of money that is to be deposited. The platform will also ask you to confirm the transaction.

Brokers who accept payment through Amex are also commonly called as American Express brokers.

The Amex deposits are processed immediately. It is quick and convenient and there is almost no downtime.

The website of American Express brokers saves the credit card information after getting confirmation so that the future payments are even faster.

Withdrawing from Forex Account

Withdrawing from the Forex account to Amex card is smooth and simple. It is a similar to the deposit process.

For beginners, it is suggested to firstly look for the payment page on the website of the broker and thereafter click on the subcategory Withdraw. Next, click on the Amex service option and then the amount to be withdrawn.

Usually, the card details are stored on the website so that the subsequent withdrawal is even faster, without the need of submitting the card details again.

When the request of withdrawal is initiated, the American Express brokers review it before issuing the relevant funds. The time taken to issue the payment can differ from one hour to up to two business days.

After the payment is issued, the fund lands in the Amex account within five business days. The delay depends on the customer's bank and country.

It is also good to note that the customers need to be verified before the request is processed.

Why Amex in Forex Trading

There are several advantages to use the Amex card in Forex trading. The first benefit is that the deposits are instant and customers can start trading instantly and practically without any wait time.

Usually, other deposit options are not so efficient and can take a longer time sometimes more than one day and wire transfer can take several days.

Comparatively, the Amex card payment is consistent and convenient.

It is also important to note that the process is easy and simple and for beginners, the process is easy to understand.

The American Express brokers website contains a ready-to-use form where the card information can be filled to deposit funds. There is no need to find the banking details of another party to transfer funds.

The Amex credit card is very popular and used in everyday life. Most of the card users have it in their wallets. Those who use it do not set up any other payment method in Forex trading.

Amex Disadvantage in Forex Trading

Many Forex traders do not prefer the Amex payment method as there are few drawbacks. The first is that it is not used as much as MasterCard and Visa.

Amex charges slightly higher fees compared to most of the payment methods and this discourages several service providers to offer the option of paying through the card.

Furthermore, the withdrawal is not as fast as depositing. The deposits are almost instant and withdrawals can take a few days.

Fees

The card is issued by various banks and so the fees are not necessarily fixed. Sometimes payment through Amex is free while on other platforms the American Express brokers may charge a higher fees.

Security

Safety is the first thing to take note while making payments through Amex cards as the internet is flooded with online fraud. All the American Express brokers worry the least as the payment process of the card follows very complex security measures.

All the online payment systems today follows strict industry standard and so Amex utilizes a very advanced encryption process to protect the data of customers.

However, it is also important to take note that online fraud cannot be stopped completely and so users need to be careful while submitting card details.

American Express Brokers Verdict

Amex card payment is accepted by most of the Forex brokers as it is fast, smooth and safe. It's process is easily understandable and even a beginner in Forex trading can make the payment without any difficulty.

However, there are some drawbacks. The withdrawal is not as fast as a deposit. Usually, it takes a few days to withdraw funds from the Forex account to the Amex account. The deposit is instant and traders can start trading within a minute.

Today, most of the payments in the Forex industry are processed through the Amex card and the brokers who facilitate it are commonly called American Express brokers.

We've collected thousands of datapoints and written a guide to help you find the best American Express Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best american express brokers below. You can go straight to the broker list here.

Reputable American Express Brokers Checklist

There are a number of important factors to consider when picking an online American Express trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering American Express Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 American Express Brokers of 2020 compared

Here are the top American Express Brokers.

Compare American Express Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are american express brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more american express brokers that accept american express clients

Broker IB UFX ATFX alpho acysecurities aafxtrading 101investing ellevest twine z.comtrade lightspeed
Rating
Regulation Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Services Authority Seychelles ( FSA SC ) Australian Securities & Investment Commission (ASIC) Financial Services Authority St. Vincent and the Grenadines (SVGFSA) Cyprus Securities and Exchange Commission (CySEC) Unregulated Unregulated Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC) Unregulated
Min Deposit 10000 500 100 100 100 100 250 1 100 50 10000
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 10,000+ 10,000+ 10,000+ 5,000+ 2,000+ 2,000+ 2,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers STP
  • Low min deposit
  • Offers STP
  • Low min deposit
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Low min deposit
  • Allows scalping
  • Offers STP
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Islamic account
  • Micro account
  • Demo account
  • Mini account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, NinjaTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, Tablet & Mobile apps MT5, Mac, Android. iPhone/iPad MT4, Mac, Android. iPhone/iPad MT4, Mac, Android. iPhone/iPad MT4, Mac, Android. iPhone/iPad  Windows, Android, Mac OS, iOS iPhone,iPad,Android,Tablet Desktop,Android,Tablet,iPhone IRESSTrader,IRESSInvestor,netIRESS,XPLAN
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
interactivebrokers
Sign Up with
ufx
Sign Up with
atfxglobalmarkets
Sign Up with
alpho
Sign Up with
acysecurities
Sign Up with
aafxtrading
Sign Up with
101investing
Sign Up with
ellevest
Sign Up with
twine
Sign Up with
zcomtrade
Sign Up with
lightspeed
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk
Demo Interactive Brokers
Demo
UFX
Demo
ATFX Global Markets
Demo
Alpho
Demo
ACY Securities
Demo
AAFX Trading
Demo
101investing
Demo
ellevest
Demo
Twine
Demo
Z.com Trade
Demo
Lightspeed
Demo
Excluded Countries US DZ, BZ, IL, JO, LY, MU, SD, SY, TN, US, YE, PK, BE DPRK, Canada, Iran, Japan, Brazil, Mexico, Turkey, Cuba, Sudan, Syria, USA, Bosnia and Herzegovina, Ethiopia, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu, Yemen. US, UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US US,KR,SD,SY

All American express brokers in more detail

You can compare American Express Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top American Express Brokers for 2020 article further below. You can see it now by clicking here

We have listed top American express brokers below.

American Express Brokers List

IB
(3/5)
Min deposit : 10000
Interactive Brokers was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits Interactive Brokers offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, NinjaTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
UFX
(3/5)
Min deposit : 500
UFX was established in 2007 and is used by over 10000+ traders. Your capital is at risk UFX offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ATFX
(3/5)
Min deposit : 100
ATFX Global Markets was established in 2014 and is used by over 10000+ traders. Your capital is at risk ATFX Global Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
alpho
(2/5)
Min deposit : 100
Alpho was established in 2016 and is used by over 5000+ traders. Your capital is at risk Alpho offers Forex trading, CFD trading, Stocks and Indices trading, Cryptocurrency trading, Commodities Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, Mac, Android. iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority Seychelles ( FSA SC )
acysecurities
(2/5)
Min deposit : 100
ACY Securities was established in 2011 and is used by over 2000+ traders. Your capital is at risk ACY Securities offers Forex trading, CFD trading, Stocks and Indices trading, Cryptocurrency trading, Commodities Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Android. iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities & Investment Commission (ASIC)
aafxtrading
(2/5)
Min deposit : 100
AAFX Trading was established in 2016 and is used by over 2000+ traders. Your capital is at risk AAFX Trading offers Forex trading, CFD trading, Stocks and Indices trading, Cryptocurrency trading, Commodities Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Android. iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Services Authority St. Vincent and the Grenadines (SVGFSA)
101investing
(2/5)
Min deposit : 250
101investing was established in 2016 and is used by over 2000+ traders. Your capital is at risk 101investing offers Forex trading, CFD trading, Stocks and Indices trading, Cryptocurrency trading, Commodities Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Android. iPhone/iPad

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
ellevest
(3/5)
Min deposit : 1
ellevest was established in 2008 and is used by over 10000+ traders. Your capital is at risk ellevest offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

 Windows, Android, Mac OS, iOS

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
twine
(3/5)
Min deposit : 100
Twine was established in 2008 and is used by over 10000+ traders. Your capital is at risk Twine offers Forex trading, CFD trading, Spread Betting, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

iPhone,iPad,Android,Tablet

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
z.comtrade
(3/5)
Min deposit : 50
Z.com Trade was established in 2008 and is used by over 10000+ traders. Your capital is at risk Z.com Trade offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

Desktop,Android,Tablet,iPhone

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)
lightspeed
(3/5)
Min deposit : 10000
Lightspeed was established in 2008 and is used by over 10000+ traders. Your capital is at risk Lightspeed offers Forex trading, CFD trading, Share Dealing

Funding methods

Bank transfer Credit Card Paypal

Platforms

IRESSTrader,IRESSInvestor,netIRESS,XPLAN

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account