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Forex Brokers that Accept USDT



May 8, 2022   2417 
Here is a list of forex brokers that accept USDT from which you can choose at your leisure, along with minimum/maximum transfer amount and detailed fees.

Tether becomes one of the most popular cryptocurrencies due to its perceived stability against the US dollar. USDT, like any other cryptocurrency, could be transferred between digital wallets, but users benefit from the fact that 1 USDT = 1 USD. It closes the possibility for traders to benefit from market price fluctuation but opens another low-cost and more convenient payment method for crypto lovers.

Bruce Mizrach, an economics professor at Rutgers, told The Verge that Tether is often used as a parking place for high-frequency traders and leveraged cryptocurrency trading. It has resulted in a couple of controversies, but we'll talk about something else in this article.

As of 8 May 2022, Coinmarketcap marked Tether as the third-largest cryptocurrency by market capitalization. As such, there are lots of reasons why forex brokers should add USDT to complement their payment options. Here is a list of forex brokers that accept USDT from which you can choose at your leisure, along with minimum/maximum transfer amount and detailed fees.

 

Exness

  • Type: USDT ERC20
  • Minimum USDT deposit: USD10 per transaction
  • Maximum USDT deposit: USD10 million per transaction
  • Minimum USDT withdrawal: USD100 per transaction
  • Maximum USDT withdrawal: USD10 million per transaction
  • Processing time: Up to 72 hours
  • Deposit fee: 0% (blockchain may fees apply)
  • Withdrawal fee: 0% (Exness covers blockchain fees)

For more info about Exness, check the specs below:

 

FBS

  • Type: USDT ERC20 and USDT TRC20
  • Minimum USDT deposit: USDT10 (USDT ERC20) and USDT25 (USDT TRC20) per transaction
  • Maximum USDT deposit: no limit
  • Minimum USDT withdrawal: USDT10 per transaction
  • Maximum USDT withdrawal: no limit
  • Processing time: processed automatically by the payment system (except for deposits below the specified minimum amount, they will be processed manually within 7 days)
  • Deposit fee: 0% (depends on the TRC20 payment system)
  • Withdrawal fee: 0% (depends on the TRC20 payment system)

For more info about FBS, check the specs below:

 

FreshForex

  • Type: USDT ERC20 and USDT TRC20
  • Minimum USDT deposit: USD10 per transaction
  • Maximum USDT deposit: USD10,000 per transaction
  • Minimum USDT withdrawal: USD50 per transaction for Tether ERC20, or USD100 for Tether TRC20
  • Maximum USDT withdrawal: USD5000 per transaction/USD15000 per day/USD50,000 per month
  • Processing time: Depends on the blockchain network
  • Deposit fee: 0% (blockchain fees may apply)
  • Withdrawal fee: 0.5nplus;20 USD for Tether ERC20, or 0.5nplus;1 USD for Tether TRC20

For more info about FreshForex, check the specs below:

 

FirewoodFX

  • Type: USDT TRC20 and USDT BEP20
  • Minimum USDT deposit: USD1 per transaction
  • Maximum USDT deposit: n/d
  • Minimum USDT withdrawal: USD1 per transaction
  • Maximum USDT withdrawal: n/d
  • Processing time: deposits are auto-processed, while withdrawals may need up to 24 hours
  • Deposit fee: 0% (blockchain fees may apply)
  • Withdrawal fee: 0% (blockchain fees may apply)

For more info about FirewoodFX, check the specs below:

 

Instaforex

  • Type: n/d
  • Minimum USDT deposit: USD1
  • Maximum USDT deposit: n/d
  • Minimum USDT withdrawal: USD1
  • Maximum USDT withdrawal: n/d
  • Processing time: deposits are processed within 3 hours, while withdrawals may need up to 7 working hours
  • Deposit fee: 0% (blockchain fees may apply)
  • Withdrawal fee: 1% (+blockchain fees may apply)

For more info about InstaForex, check the specs below:

 

SimpleFX

  • Type: USDT BEP20 BNB, TRC20, and Omni
  • Minimum USDT deposit: USDT0.01
  • Maximum USDT deposit: no limit
  • Minimum USDT withdrawal: USDT1 for BEP20 BNB, USDT5 for TRC20, and USDT100 for Omni
  • Maximum USDT withdrawal: no limit
  • Processing time: deposits are processed between 1 minute-1 hour, while withdrawals may need up to 24 hours
  • Deposit fee: free
  • Withdrawal fee: free

For more info about SimpleFX, check the specs below:

 

TenkoFX

  • Type: n/d
  • Minimum USDT deposit: USDT1
  • Maximum USDT deposit: no limit
  • Minimum USDT withdrawal: USDT1
  • Maximum USDT withdrawal: no limit
  • Processing time: deposits are processed instantly, while withdrawals may need up to 24 hours
  • Deposit fee: free
  • Withdrawal fee: free

For more info about TenkoFX, check the specs below:

To date, most forex brokers that accept USDT are offshore-based. Aside from the aforementioned brokers, there are also several others including Junomarkets and FXCC. Forex brokers based in the US and other countries with stricter regulatory frameworks could not accept USDT yet.


11 Comments

Clint Barton

Jul 25 2022

Although there are numerous Forex Brokers that accept USDT, in my opinion, Exness is the greatest option due to the various benefits it offers. Having a low spread

In addition to this, traders may take use of additional benefits, such as an automated method for withdrawing funds from their accounts. Due to the fact that Exness is one of the European-based STP/ECN brokers, the security of the traders' funds is also ensured.

Stella

Jul 25 2022

I concur that Exness has many desirable features. It is highly crucial for traders that they be able to make deposits and withdrawals at any time, day or night, seven days a week. You are free to withdraw funds at any time and from any location.

Stella

Jul 25 2022

I concur that Exness has many desirable features. It is highly crucial for traders that they be able to make deposits and withdrawals at any time, day or night, seven days a week. You are free to withdraw funds at any time and from any location.

May

Aug 8 2022

Although I have experience with other forex brokers, I have never traded with Exness. Perhaps I can use this as a point of reference to get started with Exness.

Jemma

Aug 8 2022

You could give InstaForex a shot and see how it goes. InstaForex is a global broker that offers a variety of trading services to customers located all over the world. The effectiveness of InstaForex has been demonstrated.

InstaForex took home a number of accolades, including "Best Forex Cryptocurrency Trading Platform 2018" from the UK Forex Awards, "Best ECN Broker Asia 2018" from IBM, and "Forex Broker of the Year for Eastern Europe 2018" from the Fonti Awards, amongst others.

Yo-yo

Aug 10 2022

I concur that the most reliable and reputable forex broker is InstaForex. You also have the option of ing the account type that they provide, tailoring your ion to your preferences and capabilities.

Raina

Aug 10 2022

The prices at Exness are really reasonable. Traders on Exness are not required to pay any transaction fees in order to engage in trading. Therefore, the trader's investment is preserved in accordance with the amount that was either withdrawn or placed.

Hunter

Aug 10 2022

Because I am relatively new to currency trading, I have a lot to pick up from more experienced traders. This post is very helpful for novices who are still unsure how to a Forex Broker that is trustworthy and dependable.

There is absolutely nothing wrong with the fact that, as a newbie, you will need to test one forex broker after another until you obtain the results you anticipate.

Mike Peterson

Aug 11 2022

It is not necessary for novice traders to test out each forex broker individually because doing so is both a waste of time and money. To a reliable and successful forex broker, you need simply to look at a few references.

Victoria Hand

Aug 11 2022

Please only use InstaForex since it has been demonstrated to be dependable, does not put traders at risk, and has previously won a number of accolades. This demonstrates that InstaForex operates at a very high level of professionalism and on a global scale.

Carl

Aug 11 2022


Both Insta Forex and Exness, along with other foreign exchange brokers, each have their own set of benefits and drawbacks. Only the traders themselves are responsible for making their own decisions.

Because every trader pursues their own unique objectives, the question of whether or not they should utilize a forex broker depends on the preferences they have.