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.

Tether

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:

🌐 Website
www.exness.com
Leverage
1:2000
💼 Regulation
💲 Min Deposit
$10
Year Established
2008

PAMM
Trading contests
LAMM
Segregated accounts
VPS
Free education
Islamic account
Copy trading
Compensation scheme
Negative balance protection
Low spread eur/usd
Affiliate program
Trading via API
WebMoney
Skrill
Wire transfer
Neteller

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.

 

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:

🌐 Website
fbs.com
Leverage
1:3000
💼 Regulation
💲 Min Deposit
$5
Year Established
2009

Bonus offers
Trading contests
Free education
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
VPS
Education
Webinar
Low spread eur/usd
FasaPay
Neteller
Skrill
Wire transfer

Since 2009, the action of FBS Holding Inc. or known as FBS in the world of forex trading has been recognized by various international institutions. With clients reaching 14 million as of 2019, FBS has received the title of Most Transparent Forex Broker 2018, Best Investor Education 2017, Best Customer Service Broker Asia 2016, IB FX Program, and many others.

FBS is regulated by FSC Belize and CySEC Cyprus. This broker has been trusted by millions of traders and 370 thousand partners from various countries. Based on their data, FBS garners about 7,000 new traders and partner accounts every day. And, 80% of the clients stay in the FBS for a long time. No wonder the broker is growing rapidly due to the incredible growth in the number of clients.

Trading products offered by FBS range from forex, CFD, precious metal, and stock. For forex trading, CySEC-regulated FBS offers leverage up to 1:30 on Cent and Standard Accounts. Clients who want to try higher leverage than that can alternatively register an account under FBS Belize.

FBS spread begins from 0.5 pips for Pro account type and from 0.7 pips for Standard and Cent accounts. On a standard account, volume orders can be made from 0.01 to 500 lots. Therefore, this account is recommended for experienced traders.

Whereas on Cent Accounts, volume orders can be carried out with a maximum of 500 cent lots or the equivalent of 5 standard lots. Cent Accounts involve a different level of risk. FBS recommends Cent Accounts for beginner traders. All account types support the following trading instruments: 36 Forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, 5 crypto pairs.

Before plunging into the real forex market, traders can practice with FBS Demo Account which consists of two types, i.e Standard and Cent.

FBS uses the MetaTrader 4 and MetaTrader 5 platforms. They offer them on Windows and Mac as well as Android and iOS mobile. These platforms provide a trading experience at traders' fingertips, allowing traders to progress as a trader anywhere at any time.

MetaTrader platforms also have a variety of mainstay features, including the possibility to create, buy, and use expert advisors (EA) and scripts, One-click trading and embedded news, technical analysis tools, the possibility to copy deals from other traders, hedging positions, and VPS service support.

Another advantage provided by FBS is a deposit bonus of 100% for clients who fulfill certain requirements. The process of FSCing and withdrawing funds can be run easily and quickly. Based on clients' testimonies, each process usually takes no more than 3-4 hours, except on holidays.

Traders also have the opportunity to develop a side business when trading with FBS, namely as an Introducing Broker (IB) or Affiliate. The FBS partnership system provides partner commissions that are already in 3 level positions. Only by introducing new clients to FBS according to certain procedures, traders can earn extra income.

Traders will also get trading education experience at FBS. They have prepared a comprehensive forex course. The course consists of 4 levels: beginner, elementary, intermediate, and experienced. Traders can take courses that will turn them from newbies to professionals. All materials are well-structured. Besides, FBS provides various forex analyzes, webinars, forex news, and daily market analysis that can be accessed easily on their site.

Traders can access the FBS website with many language choices. Of course, this will increasingly provide comfort for traders. Available languages include English, Italian, French, Portuguese, Indonesian, Spanish, and others. Live chat support is also provided 24 hours 7 days a week.

In conclusion, FBS is a widely known broker among retail traders around the world. It continually grows to become a preferred broker because of flexible trading conditions that enable its clients to trade with various instruments, low deposit, and other trading advantages.

 

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:

🌐 Website
freshforex.com
Leverage
1:2000
💼 Regulation
💲 Min Deposit
$10
Year Established
2004

Bonuses
Personal manager
Trading contests
VPS
Free education
Trading by phone

 

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:

🌐 Website
www.firewoodfx.com
Leverage
1:1000
💼 Regulation
-
💲 Min Deposit
$10
Year Established
2014

Bonuses
PAMM
Segregated accounts
Swap
Islamic account
Affiliate program
Copy trading
Wire transfer
FasaPay

 

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:

🌐 Website
www.instaforex.com
Leverage
1:1000
💼 Regulation
💲 Min Deposit
$1
Year Established
2007

Bonuses
PAMM
Trading contests
VPS
Segregated accounts
Compensation scheme
Affiliate program
Trading via API
Education
Copy trading
Webinar
Skrill
Wire transfer
Neteller

InstaForex is an international broker that provides trading services to traders globally. Since it was founded in 2007, InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients.

Their hard work can be proven, one of which is by achieving a variety of awards, including Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards, Best ECN Broker Asia 2018 by IBM, Forex Broker of the Year for Eastern Europe 2018 according to le Fonti Awards, Development, and Success award at Financial Olympus 2016-2017, etc.

There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard, dan Cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.

Insta.Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.

Different from Insta.Standard accounts, Insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0.01 lots.

There are also other types of accounts InstaForex, namely Cent.Standard and Cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).

Trading in InstaForex is quite a given as traders can choose to trade with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), InstaForex clients have the opportunity to get a 30% to 100% deposit bonus.

Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes.

And then, there are around 300 trading instruments offered by InstaForex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, CFDs, Bitcoin, and others.

Every InstaForex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4, and MetaTrader5. Each platform has advantages and disadvantages. InstaForex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join InstaForex.

If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, Skype, Whatsapp, Telegram, Viber, Twitter, and Phone Call. On the InstaForex website, there are around 30 languages provided to facilitate traders from various countries.

The trader can also help themselves with trading calculators provided on the InstaForex website. Traders can accumulate currency pairs, Leverage, volume, and currency used.

The payment system in InstaForex is also diverse. Traders can pay deposits via Visa, Mastercard, Skrill, Neteller, PayCo, as well as Wire Transfer. All in all, InstaForex is a well-rounded broker for many types of traders.

 

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:

🌐 Website
simplefx.com
Leverage
1:500
💼 Regulation
-
💲 Min Deposit
$1
Year Established
2014

Bonuses
Free education
Trading by phone
Skrill
Neteller
FasaPay

 

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:

🌐 Website
tenkofx.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$10
Year Established
2011

PAMM
Personal manager
Free education
Wire transfer
QIWI
FasaPay

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.