Neteller forex brokers
Neteller is an e-wallet and online payment option that is slowly but decisively moving into the top echelons of the mainstream forex trading market.
Today forex bonuses
Neteller is among the most popular forex deposit/withdrawal options in the industry that is being adopted for its similarities with other popular payment options such as paypal. Neteller has some unique advantages and attractive features in relation to its competition, which does help traders to enjoy a safe and secure trading environment with an alternative payment option. Neteller traces its history back to 1999 when it was launched in canada to cater to the large gambling industry. At one point in time, neteller contributed to more than 80% of transactions to gaming websites, while the company operated entirely through the gaming industry to earn 95% of its revenue through gambling-related online transactions. The company moved its operations to the isle of man in 2004, but the company is now owned and operated by paysafe group, the same name that acquired skrill a couple of years ago. However, regulatory changes and restrictions on gambling transactions led to neteller pulling out from its US and canadian markets, resulting in a loss to the tunes of millions of dollars. Neteller also had to freeze its US accounts, and the funds were released to its rightful owners in 2007. Due to the severe repercussions of the company’s withdrawal from the US markets, neteller witnessed a sharp reduction in its operating revenue, which forced the company to branch out into other markets and cater to a broad audience. As of recent years, neteller has managed to increase its revenue to close to $100 million, down from the $250 million per year revenue that the company had achieved during its years as a payment processor for gaming websites. Eventually, neteller started its foray into the financial markets by realizing the enormous need for forex online payment solutions, which led to one of its best investments in recent times. Paysafe group, after its acquisition of skrill, is seen to promote neteller as a competitor for both skrill and paypal and aims to increase its market share to dethrone paypal from its market leading position. Nowadays, neteller forex brokers are becoming hugely popular among retail traders due to the numerous advantages associated with making a payment through neteller.
Choosing your preferred neteller forex brokers from the myriad of choices in the market
Neteller is an e-wallet and online payment option that is slowly but decisively moving into the top echelons of the mainstream forex trading market. Neteller is among the most popular forex deposit/withdrawal options in the industry that is being adopted for its similarities with other popular payment options such as paypal. Neteller has some unique advantages and attractive features in relation to its competition, which does help traders to enjoy a safe and secure trading environment with an alternative payment option.
Neteller’s gambling history & introduction to the forex markets
Neteller traces its history back to 1999 when it was launched in canada to cater to the large gambling industry. At one point in time, neteller contributed to more than 80% of transactions to gaming websites, while the company operated entirely through the gaming industry to earn 95% of its revenue through gambling-related online transactions. The company moved its operations to the isle of man in 2004, but the company is now owned and operated by paysafe group, the same name that acquired skrill a couple of years ago. However, regulatory changes and restrictions on gambling transactions led to neteller pulling out from its US and canadian markets, resulting in a loss to the tunes of millions of dollars. Neteller also had to freeze its US accounts, and the funds were released to its rightful owners in 2007. Due to the severe repercussions of the company’s withdrawal from the US markets, neteller witnessed a sharp reduction in its operating revenue, which forced the company to branch out into other markets and cater to a broad audience. As of recent years, neteller has managed to increase its revenue to close to $100 million, down from the $250 million per year revenue that the company had achieved during its years as a payment processor for gaming websites. Eventually, neteller started its foray into the financial markets by realizing the enormous need for forex online payment solutions, which led to one of its best investments in recent times. Paysafe group, after its acquisition of skrill, is seen to promote neteller as a competitor for both skrill and paypal and aims to increase its market share to dethrone paypal from its market leading position. Nowadays, neteller forex brokers are becoming hugely popular among retail traders due to the numerous advantages associated with making a payment through neteller.
Is it safe to invest your forex trading capital in neteller FX brokers
The gaming industry has a negative reputation when it comes to the safety of funds and the implications of using a payments processor that has been extensively associated with the gambling industry. The numerous criticisms and turmoil might also play a significant role in ensuring a ensuring a sense of security and confidence among traders, especially when companies that are subject to regulatory oversight are forced into modifying their policies to suit the existing laws of their parent country. Nevertheless, neteller, under its paysafe group plc ownership, is fully regulated and licensed by the financial conduct authority (FCA) of the UK. Neteller is bound by regulatory laws that require the company to hold its clients’ funds in segregated account. It is vital for neteller to display evidence of segregation of customer accounts from its own operating capital, which not only prevents the company from misusing its clients’ money, but it also helps neteller to meet all of its customers’ debit obligations without fail. Therefore, neteller account holders are free to deposit or withdraw their funds at any time and are offered the opportunity to send their payments to all over the globe to deposit their funds at any of their preferred neteller FX brokers or other accepted neteller merchants.
The cost of A neteller deposit for forex trading
Neteller has a similar fee-oriented approach to financial transactions performed through its payment processors, which may involve fees from 0.5% to as high as 9.9% of the transaction amount. Regardless, the average cost of transaction revolves around 3%, which is just the same as the fees involved for transactions performed using a skrill account. Neteller has a very detailed guide on the cost of transactions that are involved in the different modes of transactions, and as an existing neteller client, you can browse this information before initiating a payment. Neteller guarantees instant deposit of funds into your trading account, and the company supports different base currencies for accounts as per your preferences. Neteller also offers cash back and loyalty promotion for its existing customers, which is an excellent way of earning rewards and bonuses without any added risk. All bonuses are withdrawal without any restrictions, and account holders are offered full control over their account balances. Neteller does not impose any account restrictions or any minimum/maximum transaction volumes. One of the most significant advantages of choosing a neteller FX trading account is the flexibility in the choice of the trading capital. Neteller forex brokers typically allow its traders to start trading from $1, which also involves only a minor transaction fee. In most cases, the broker might choose to absorb the costs incurred for neteller transactions, which prevents the need for incorporating transaction costs into a forex payment.
Forex brokers that accept NETELLER
Compare forex brokers and trading sites that accept neteller.Com for deposits and withdrawals. Fund your trading account instantly and withdraw gains to a prepaid mastercard®.
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Avatrade (avatrade.Com) is an award winning online broker. Access a wide range of markets spanning forex, crypto-currencies, shares, metals and more on competitive spreads.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD), energy (CFD), commodities (CFD), bonds (CFD)
- Platforms: metatrader 4, metatrader 5, copy trading
- Regulators: australia, BVI, ireland, japan, south africa, UAE
- Incorporated: 2006
Avatrade account [BVI]: trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and commodities. Avatrade accepts all metatrader eas except those with a focus on arbitrage.
Avatrade account [EU]: trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and commodities. Avatrade accepts all metatrader eas except those with a focus on arbitrage.
Islamic account [BVI]: trade a wide range of financial instruments with a shariah compliant account. Avatrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
Islamic account [EU]: trade a wide range of financial instruments with a shariah compliant account. Avatrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
Professional account [EU]: trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and commodities. Avatrade accepts all metatrader eas except those with a focus on arbitrage.
Fxpro (fxpro.Com) is a global broker, winner of 60+ awards including "best metatrader broker" in 2020 and "best FX provider" three times in a row.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD), energy (CFD), commodities (CFD)
- Platforms: metatrader 4, metatrader 5, ctrader, copy trading
- Regulators: bahamas, cysec, south africa, UK
- Incorporated: 2006
MT4 floating - instant execution: trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant execution. All eas are allowed.
MT4 floating - market execution: trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and market execution. All eas are allowed.
MT5 floating - market execution: trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. All eas are allowed.
Fxpro ctrader: trade 70+ currency pairs, spot indices, energies and metals on razor-thin spreads with market execution. Run calgo algorithmic trading robots.
Hotforex (hotforex.Com) is an award winning forex and commodity broker, providing trading services and platforms to both retail and institutional clients.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD), energy (CFD), commodities (CFD), bonds (CFD)
- Platforms: metatrader 4, metatrader 5, currenex, copy trading, mirror trading
- Regulators: cysec, france, germany, mauritius, south africa, UK
- Incorporated: 2010
Micro account: trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for new traders, has smaller trading sizes and a lower initial deposit.
Premium account: trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for experienced traders, allows you to trade up to 60 lots per position.
Islamic account: trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for muslim clients, does not incur swap or rollover charges for holding. More ▷
Islamic account: trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.
Buy shares outright or trade cfds on shares, indices, forex, cryptocurrencies and more*. Connect with over 6 million other investors, follow or copy their trades in real-time on etoro.Com.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD), energy (CFD), commodities (CFD)
- Platforms: copy trading
- Regulators: australia, cysec, UK
- Incorporated: 2007
Etoro account [EU]: trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with etoro. Get free and unlimited access to forex trading courses and webinars.
Islamic account [EU]: trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no interest or commissions. Open an account online and request an islamic account from your account manager.
Corporate account [EU]: this etoro account is for sole proprietorships, partnerships or corporations. This account does not support paypal payments.
Professional account [EU]: trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with etoro. Get free and unlimited access to forex trading courses and webinars.
Liteforex (liteforex.Com) is an international ECN forex broker. Trade a wide range of markets on metatrader 4 or 5. Liteforex accepts a wide range of deposit methods, including bitcoin, monero and other cryptos.
- Markets: forex (CFD), indices (CFD), metals (CFD), energy (CFD)
- Platforms: metatrader 4, metatrader 5, copy trading, mirror trading
- Regulators: cysec
- Incorporated: 2005
Classic account: trade forex on floating spreads from 2 pips on MT4 or MT5. Get started from a low $50 deposit. Market execution with no requotes.
ECN account: trade forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $50 deposit. Get market execution with no requotes. Liteforex pays 2.5% interest per annum on the balance of your account.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD), energy (CFD), commodities (CFD), bonds (CFD)
- Platforms: metatrader 4, mirror trading
- Regulators: australia, belarus, canada, cysec, UK
- Incorporated: 2013
Fortrade account: trade a wide range of asset classes on fixed spreads through metatrader 4: forex as well as cfds on stocks, indices, energies, commodities and US treasuries.
Islamic account: trade a wide range of asset classes without interest on overnight positions through metatrader 4: forex as well as cfds on stocks, indices, energies, commodities and US treasuries.
Professional account: trade a wide range of asset classes on fixed spreads through metatrader 4: forex as well as cfds on stocks, indices, energies, commodities and US treasuries.
LQDFX (LQDFX.Com) is an international forex broker and CFD provider headquartered in the marshall islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.
- Markets: forex (CFD), indices (CFD), metals (CFD), commodities (CFD)
- Platforms: metatrader 4, mirror trading
- Regulators: marshall islands
- Incorporated: 2015
Micro account: trade up to 71 currency pairs as well as cfds on metals, commodities and indices through MT4 from a low $20 deposit. STP trading with no requotes.
Gold account: trade up to 71 currency pairs as well as cfds on metals, commodities and indices through MT4. STP trading with no requotes.
Gold account [islamic]: trade up to 71 currency pairs as well as cfds on metals, commodities and indices through MT4. STP trading with no requotes. Swap-free account only available to clients of muslim faith.
ECN account: trade up to 71 currency pairs as well as cfds on metals, commodities and indices through MT4. Get depth-of-market information with this ECN account.
VIP account: trade up to 71 currency pairs as well as cfds on metals, commodities and indices on even tighter spreads. This account has no restrictions on the maximum trade size.
Trade without restrictions with octafx (octafx.Com), an international broker headquartered in st. Vincent & the grenadines. Access cfds on currency pairs, indices, precious metals and commodities on metatrader 4, metatrader 5 or ctrader.
- Markets: forex (CFD), cryptos (CFD), indices (CFD), metals (CFD), energy (CFD)
- Platforms: metatrader 4, metatrader 5, ctrader, copy trading
- Regulators: cysec, saint vincent and the grenadines
- Incorporated: NA
Micro account: trade forex, crypto-currencies, indices and precious metals on fixed or floating spreads. This account, designed for novice traders, supports metatrader 4.
Pro account: trade forex, crypto-currencies, indices, precious metals and energies on tight floating spreads. This account, designed for experienced traders, supports metatrader 5.
Nordfx (nordfx.Com) is an international forex broker serving traders worldwide from its headquarters in mauritius.
- Markets: forex (CFD), cryptos (CFD), stocks (CFD), indices (CFD), metals (CFD)
- Platforms: metatrader 4, copy trading
- Regulators: mauritius
- Incorporated: 2008
Fix account: trade 28 currency pairs and cfds on crytpo-currencies, metals and indices on fixed spreads. Get instant execution. Automated trading is allowed.
Pro account: trade 33 currency pairs as well as cfds on crypto-currencies, metals and indices on floating spreads. Get market execution with 5-decimal pricing. Automatic trading is allowed.
Zero account: trade 33 currency pairs as well as cfds on crypto-currencies, metals and indices from 0 pips. Get market execution with 5-decimal pricing. Automatic trading is allowed.
Stocks account: trade cfds on 68 international stocks, from apple to UBER, with market execution.
NETELLER lets you shop securely, transfer money anywhere in the world and have instant access to your funds through its prepaid mastecard®.
Forex deposits and withdrawals
Neteller.Com is a popular choice with forex traders because of its speed and simplicity.
- Depositing funds: to deposit funds into your trading account, simply use the email address associated with your NETELLER account. Payments are instant and free of charge from NETELLER. You should, nonetheless, check whether your broker charges fees on deposits.
- Withdrawing funds: if you have used NETELLER as a funding method, your broker will send any withdrawals to the same account. Withdrawal processing times vary with each broker. However, you can have confidence than the payment will happen instantly as soon as it is processed.
For transactions that require a currency conversion, NETELLER adds a 3.99% fee to the average daily interbank market rate published by a third-party foreign currency data provider. To avoid this currency exchange fee on both the deposit and withdrawal legs, you should take care to open an account with a base currency that matches that of your NETELLER account. You'll find a list of NETELLER's account currencies on our skrill vs NETELLER article. If you cannot find a match, NETELLER may not be the right choice for you. You could look into bank transfers or card payments, however, they will also incur currency conversion fees of their own.
How to fund your NETELLER account
You can't use your NETELLER wallet without funding it. NETELLER supports a wide range of deposit methods including bank transfers, credit cards, debit cards as well as bitcoin. It supports many other local payment solutions in the 200 countries it operates in. NETELLER charges a 2.5% fee on all incoming payments, except that in excess of US$ 20,000 (or equivalent). In other words, no fees will apply if you deposit US$ 20,000 or more (or equivalent).
How to withdraw money from your NETELLER account
Getting money out of your NETELLER account is fast and secure. Withdrawal options vary across countries but typically include local and international bank transfers, costing US$ 10 and US$ 12.75 respectively. You may also send money to a mobile phone wallet like M-pesa in kenya and sri lanka, subject to a 1.45% withdrawal fee. If the withdrawal requires an exchange of currencies, NETELLER will also apply a 3.99% currency conversion fee. Find out more about NETELLER's fees.
NETELLER's prepaid mastercard® will be of interest if you are looking to spend the monies on yourself, online or in the real world. You may also withdraw cash from millions of atms worldwide. The card is accepted anywhere that mastercard is accepted. Cash withdrawals incur a 1.75% fee. A 3.99% foreign exchange fee will also apply if the withdrawal is in a currency other than your account currency. Visit neteller.Com to get started.
Best execution
MT4 floating - instant execution
Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant . More trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant execution. All eas are allowed.
- $500 deposit
- 1:500 leverage ?
- 1.71 pips EUR/USD
Best conditions
Avatrade account [BVI]
Trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and. More trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and commodities. Avatrade accepts all metatrader eas except those with a focus on arbitrage.
- $100 deposit
- 1:400 leverage ?
- 0.9 pips EUR/USD
Best platform
Premium account
Trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads . More trade forex as well as cfds on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for experienced traders, allows you to trade up to 60 lots per position.
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
Pro account
Professional account [EU]
Trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and. More trade 55 currency pairs on fixed spreads, plus cfds on crypto-currencies, stocks, indices, bonds and commodities. Avatrade accepts all metatrader eas except those with a focus on arbitrage.
- $100 deposit
- 1:400 leverage ?
- 0.6 pips EUR/USD
Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 66-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Looking for a popular european payment provider? Why not consider neteller?
There are a number of options when it comes to choosing a payment provider for your forex trading. There are, of course, local options, but there are also a number of providers that operate across the globe. Webmoney is one of them, along with paypal. Here on this page, though, we’re going to be taking a look at neteller. Aside from picking a payment provider that is supported, there are also a number of other factors to bear in mind when choosing a forex broker. These include trading platforms, forex bonuses, the availability of signals, types of account, and plenty more. We are featuring a number of these topics in other sections so that you have enough information to make an informed choice. We’ll also be writing a number of forex broker reviews so that you get to learn about individual forex brokers currently touting their wares.
A brief introduction to neteller
Neteller is one of the biggest independent money transfer systems, and it provides an e-money/e-wallet payment system for both individuals and businesses. Neteller currently has more than 180 million customers, which puts it up there with the likes of paypal and webmoney. It is a popular choice for people wanting to pay for online services and shopping, and there are also a number of forex brokers using neteller.
Neteller is owned and operated by paysafe group plc, a publicly traded british global payments company. Customers are able to use the service to transfer money to and from merchants, as well as to transfer funds directly with the help of a net+ card, or into their own bank account.
The company was first created in 1999 in canada, but moved to the isle of man in 2004. The paysafe group, formerly known as optimal payments plc, transformed the global payments industry in 2015 when it acquired skrill, one of europe’s largest online payments providers and also one of the world’s largest independent digital wallet providers.
Neteller is regulated by the FCA, and as such is required to keep customer accounts separate from operating capital in a trust account, which also has to be of a sufficient level to repay all of its customers balances at the same time.
What makes neteller so popular for forex traders?
Neteller has made quite a name for itself, not just in the forex world but also in the online gambling industry. There are a number of features that make it stand out from the competition, including the following:
- Internationally acceptable – neteller is an international payment system which is used by residents of more than 200 countries.
- Basic verification process – the process itself generally only needs just one ID document scan.
- Verification not required immediately – verification is only required when a withdrawal is requested.
- No fees for sending and receiving money – it is the neteller forex brokers that have to pay the charges.
- Redeemable reward points – points can be earned every time a deposit or withdrawal is made, which can then be redeemed for cash. There are also a number of exclusive promotions.
- VIP programme – VIP customers get to enjoy a selection of special benefits including multiple currency accounts, VIP chat service, flexible transaction limits, lower FX fees, dedicated VIP manager, and much more.
- Good choice of neteller forex brokers – there is a good selection of forex brokers that support neteller payments, which means you won’t feel restricted or need to look for another payment provider.
With all those advantages, you’re probably wondering whether it is too good to be true. Unfortunately, as is often the case, there are a few disadvantages.
It may be small, but there is a downside to using neteller.
In the interests of being honest and fair, we always try to give you both sides to a story. With neteller, there are a few disadvantages, but there certainly aren’t all that many:
- Fairly high deposit fees – compared with a number of other online payment providers, neteller deposit fees are a little on the steep side. In fact, they range from as little as 1% to as much as 7%.
- Restricted withdrawal options – deposit options are vast, but the withdrawal options are very limited. They include bank draft, bank transfer, member wire, money transfer or net+ prepaid mastercard.
- Limited service in the US and canada – there are also a number of other countries where the service is severely restricted.
Not too many disadvantages, then, but the high cost of making deposits and withdrawals is obviously going to put a lot of forex traders off. For anybody still interested in picking a neteller forex broker, let’s see if we can answer some of the most common questions neteller clients ask…
Neteller faqs
Q: what types of neteller accounts are available?
A: there are a number of different accounts, the first being an unverified account, which is where all customers start. This is a basic level entry type of account, and means you get to make deposits and transfer funds quickly without having to wait for verification. In order to take full advantage of neteller’s service and enjoy higher limits, your account will need to be verified.
Q: how do I go about verifying my bank account?
A: once all your bank account details such as account name, IBAN, and BIC have been entered, the account will need to be verified before it can be used. Neteller does this by making a small deposit into the account, the amount of which will have to be inputted into the verification link that appears in your account summary.
Q: why do I have to verify my bank account?
A: this is to offer increased protection and peace of mind for customers. It also ensures that the information provided is accurate. After all, you don’t want your hard-earned profits to end up in someone else’s bank account.
Q: can I use a credit or debit card to fund my account?
A: most account holders are able to use debit or credit cards to make deposits directly into their account, but the cards accepted vary from country to country. Funds deposited in this way will appear instantly. Up to five different cards can be inputted into the system. Don’t forget there is usually a charge for this method of payment.
Q: what is two-step authentication?
A: neteller uses two-step authentication, which involves the use of a smartphone to generate a unique six-digit code. The code is used to sign into a neteller account or on a merchant’s cashier page instead of the secure user ID.
Q: are my funds safe with neteller?
A: neteller is regulated by the financial conduct authority in the UK, and as such can be considered a reliable and trustworthy e-money issuer. All customer funds are held in segregated accounts, and customer funds are available immediately upon request. Neteller makes use of industry-standard encryption for transmitting all sensitive data, has a highly secured data centre where user information is stored, and monitors accounts and transactions 24/7 by way of both automated systems and live security agents.
There are a number of forex brokers that support neteller as a payment option, and the service provided by the company itself is more than adequate to meet the needs of most forex traders. While there are some serious charges that have to be paid, neteller is still able to hold its own against the competition, which means that if you choose a neteller forex broker you can concern yourself with other more important decisions.
Neteller forex brokers
What is neteller?
Currently, there are very few neteller forex brokers which accept US, residents. Hopefully, in the future, this will change, as neteller becomes more popular as a money transfer service. So tradersway is accepting neteller forex deposits now.
Neteller was founded in 1999 and is a popular electronic digital wallet payment system. The company offers users of making electronic payments in three ways:
- The neteller digital wallet
- The neteller + prepaid card
- Money transfer through neteller to a verified, listed bank account
There are many forex brokerages that accept payments via neteller for funding a forex account. Some popular neteller forex brokers are FBS, alpari, hotforex, FXTM, FP markets, 24 option, and so on and so forth. To fund your forex account with neteller, you should at first start by depositing funds to your neteller account and then initiate the transaction on the broker’s site. Users will be then be forwarded to the neteller wallet to complete the transaction.
Using neteller as A deposit/withdrawal method
We already mentioned above that neteller provides users with three options of conducting transactions on a forex account. Using neteller as a preferred method to deposit or withdraw funds from a forex account, you can deposit funds or withdraw funds to and from your forex account using those three methods. All the transactions will be conducted within the neteller system. Every transaction is secure and processed instantly and include a 2-step authentication process. So if you are someone who likes to get financial transactions quickly and securely, then deposit or withdraw money with neteller.
Advantages of selecting neteller forex brokers
Time is money in the world of forex trading. Traders are always on the hunt to take advantage of instant market opportunities. A trader may find an opportunity by 10.00 am and might trade it with additional extra funds by 10.10 am. With neteller, traders can get their get accounts funded instantly. It is one of the benefits neteller presents to traders. Additionally, neteller digital wallet can be accessed through a multiple-step authentication process, however, this is optional. Users can also fund their neteller wallet for ongoing funding of a forex account using different means of transaction. Neteller also provides a currency conversion service but charges a small fee. As neteller doubles as an international digital wallet, it also can be used to withdraw your funds in local currency to your local bank account.
How to choose a reliable forex broker that offers neteller
Today, many forex brokers are offering neteller to conduct deposit and withdrawal transactions on their forex accounts.
- To find out whether your broker supports neteller as a method of transactions, check out the FAQ section on the forex broker’s page. If your broker offers neteller, it will be explained there.
- Many forex brokerages also have a banking section on the page that features the methods that are available to deposit/withdraw funds.
- The neteller website also has information about the forex brokers that supports the payment platform. You can also find offers that are available from the supported forex brokers. Additional details can be found on the “exclusive offers” page.
The bottom line
If you are new in forex, we suggest you choose neteller forex brokers as it will make it easier for you to deposit/withdraw funds to and from your forex account. However, it is imperative that you select a good forex broker that supports neteller for deposits and withdrawals.
Neteller forex brokers
What is neteller?
Currently, there are very few neteller forex brokers which accept US, residents. Hopefully, in the future, this will change, as neteller becomes more popular as a money transfer service. So tradersway is accepting neteller forex deposits now.
Neteller was founded in 1999 and is a popular electronic digital wallet payment system. The company offers users of making electronic payments in three ways:
- The neteller digital wallet
- The neteller + prepaid card
- Money transfer through neteller to a verified, listed bank account
There are many forex brokerages that accept payments via neteller for funding a forex account. Some popular neteller forex brokers are FBS, alpari, hotforex, FXTM, FP markets, 24 option, and so on and so forth. To fund your forex account with neteller, you should at first start by depositing funds to your neteller account and then initiate the transaction on the broker’s site. Users will be then be forwarded to the neteller wallet to complete the transaction.
Using neteller as A deposit/withdrawal method
We already mentioned above that neteller provides users with three options of conducting transactions on a forex account. Using neteller as a preferred method to deposit or withdraw funds from a forex account, you can deposit funds or withdraw funds to and from your forex account using those three methods. All the transactions will be conducted within the neteller system. Every transaction is secure and processed instantly and include a 2-step authentication process. So if you are someone who likes to get financial transactions quickly and securely, then deposit or withdraw money with neteller.
Advantages of selecting neteller forex brokers
Time is money in the world of forex trading. Traders are always on the hunt to take advantage of instant market opportunities. A trader may find an opportunity by 10.00 am and might trade it with additional extra funds by 10.10 am. With neteller, traders can get their get accounts funded instantly. It is one of the benefits neteller presents to traders. Additionally, neteller digital wallet can be accessed through a multiple-step authentication process, however, this is optional. Users can also fund their neteller wallet for ongoing funding of a forex account using different means of transaction. Neteller also provides a currency conversion service but charges a small fee. As neteller doubles as an international digital wallet, it also can be used to withdraw your funds in local currency to your local bank account.
How to choose a reliable forex broker that offers neteller
Today, many forex brokers are offering neteller to conduct deposit and withdrawal transactions on their forex accounts.
- To find out whether your broker supports neteller as a method of transactions, check out the FAQ section on the forex broker’s page. If your broker offers neteller, it will be explained there.
- Many forex brokerages also have a banking section on the page that features the methods that are available to deposit/withdraw funds.
- The neteller website also has information about the forex brokers that supports the payment platform. You can also find offers that are available from the supported forex brokers. Additional details can be found on the “exclusive offers” page.
The bottom line
If you are new in forex, we suggest you choose neteller forex brokers as it will make it easier for you to deposit/withdraw funds to and from your forex account. However, it is imperative that you select a good forex broker that supports neteller for deposits and withdrawals.
Best forex brokers working with neteller 2021
For over a decade, NETELLER has provided businesses and individuals with a fast, simple and secure way to move money online. As one of the world’s largest independent money transfer businesses, neteller process billions of dollars worth of transactions each year.
Trusted by forex traders, neteller financial services span more than 180 countries across a broad spectrum of forex industry.
Here is the list of forex brokers accepting neteller.
Neteller forex brokers | rating | leverage | bonus | platforms | min deposit | payments |
octafx review | 9 | 1:500 | up to 50% | metatrader 4, metatrader 5, ctrader | 50 | neteller, skrill, fasapay, visa, mastercard, malaysian, vietnamese, indian, indonesian, bangladeshi local banks, bitcoin, unionpay |
XM review | 8 | 1:888 | $30 no deposit | metatrader 4, metatrader 5, XM webtrader | 5 | credit/debit card, neteller, skrill, webmoney, bank wire transfer |
avatrade review | 7 | 1:400 | 100% | avatrader, metatrader 4, metatrader floating spread, mac trading, web trading, mobile trading, automatic trading, avaoptions | 100 | credit cards, debit cards, skrill, wire transfer, paypal, neteller, webmoney |
liteforex review | 7 | 1:500 | 30% + 15% | metatrader 4, metatrader 5, webterminal | 10 | credit cards, wire transfer, litecoin, bitcoin, skrill, neteller, perfect money, ok pay, qiwi, wallet one |
instaforex review | 7 | 1:1,000 | $100 no deposit bonus | metatrader 4, metatrader 5, webtrader | 1 | bitcoin, cashu, credit cards, egopay, neteller, skrill, ukash, unionpay, webmoney, wire transfer |
anzo capital review | 7 | 1:1000 | metatrader 4 | 100 | webmoney, skrill, neteller, credit cards | |
fxpro review | 5 | 1:500 | up to $1,000 | fxpro ctrader, fxpro ctrader web, MT4 client terminal, MT4 multiterminal, MT4 webtrader, MT4 premium | 100 | credit/debit card, bank wire, paypal, neteller, skrill |
ironfx review | 5 | 1:500 | 40% | metatrader 4 | 100 | credit cards, fasapay, neteller, qiwi, skrill, webmoney, wire transfer |
priorfx review | 4 | 1:200 | metatrader 4, webtrader, autotrade | 250 | wire transfer, credit cards, skrill, neteller, priorfx prepaid card, yandex, webmoney, qiwi, unionpay | |
tallinex review | 3 | 1:1,000 | metatrader 4 | 100 | credit cards, wire transfer, skrill, neteller | |
FP markets review | 3 | 1:500 | 10% credit bonus | metatrader 4 (MT4), IRESS, mobile trading | 200 | credit cards, unionpay, neteller, skrill (3% fee), wire transfer, bpay and broker-to-broker transfer |
tickmill review | 3 | 1:500 | - | metatrader 4, webtrader | 100 | wire transfer (commission are charged), credit/debit cards, skrill, neteller, fasapay, unionpay and webmoney |
tenkofx review | 3 | 1:500 | metatrader 4, webtrader | 10 | skrill, neteller, fasapay, webmoney, yandex money, qiwi | |
AGEA review | 2 | 1:500 | - | streamster, metatrader 4 | 1 | credit cards, wire, skrill, webmoney, e-dinar, neteller, fasapay, perfect money |
activtrades review | 2 | 1:400 | metatrader 4, activtrader | 100 | credit card, wire transfer, neteller, skrill, sofort | |
hotforex review | 2 | 1:1,000 | 100% bonus | metatrader 4, mobile platform, rapid trader fix/api | 5 | credit cards, skrill, unionpay, neteller, wire transfer, webmoney, fasapay |
blackwell global review | 2 | 1:200 | - | metatrader 4, blackwell pro, mobile | 2000 | redit/debit cards, neteller, skrill, wire transfer |
aaafx review | 2 | 1:200 | up to 30% | ZTP, metatrader 4, binary options webtrader, zulutrade | 300 | wire, credit card, skrill, neteller, giropay, EPS, directpay24, teleingreso, ideal, qiwi |
XTB review | 2 | 1:200 | metatrader 4, xstation, xmobile | 250 | credit cards, neteller, paypal, skrill, wire transfer | |
easymarkets review | 2 | 1:100 | metatrader 4, easymarkets web-based platform | 100 | credit cards, neteller, skrill, webmney, wire transfer | |
etoro review | 1 | 1:400; 1:1 for crypto currencies | - | etoro platform | 200 | credit cards, debit cards, paypal, neteller, skrill, webmoney, wire transfer |
tifia review | 1 | 1:1,000 | metatrader 4, webtrader | 10 | wire transfer, credit cards, skrill, neteller, perfect money, fasapay, okpay | |
fort financial services review | 1 | 1:1,000 | metatrader 4, CQG, ninja trader, binary options | 5 | credit cards, webmoney, skrill, neteller, perfect money, fasapay, wire transfer | |
MEX exchange review | 1 | 1:500 | metatrader 4 | 25 | neteller, skrill, fasapay, unionpay, credit cards, wire transfer | |
FBS review | 1 | up to 1:3,000 | $123 welcome bonus | metatrader 4, metatrader 5, webtrading | 1 | credit cards, fasapay, indonesia local banks, neteller, okpay, perfectmoney, skrill, webmoney, wire transfer, thai local banks, exchangers, malaysian banks and bitcoin by skrill |
simplefx review | 1 | 1:100 | metatrader 4 and in-house web-based platform | 1 | wire transfer, credit/debit cards, skrill, neteller, astropay, webmoney, fasapay, qiwi, moneta, ru, yandex, china unionpay, bitcoin and litecoin | |
FCI markets review | 1 | 1:100 | currenex, FCI netstation, metatrader 4 | 250 | credit cards, neteller, skrill, wire transfer | |
fortrade review | 1 | 1:200 | fortrader | 500 | wire transfer, credit cards, skrill, neteller | |
fxgiants review | 1 | 1:500 | metatrader 4 | 500 | credit cards, neteller, paypal, skrill, unionpay, webmoney, wire transfer | |
fxglobe review | 1 | 1:500 | metatrader 4 | 250 | credit cards, neteller, skrill, wire transfer | |
fxlider review | 1 | 1:200 | metatrader 4, sirix, zulutrade, fxlider mobile, fxlider copy trader, fxlider trader | 100 | wire transfer, credit cards, neteller, skrill | |
fxonus review | 1 | 1:500 | metatrader 4 | 500 | credit cards, skrill, neteller, wire transfer, china union pay | |
fxoro review | 1 | 1:400 | metatrader 4 | 200 | credit cards, wire transfer, skrill, neteller, ecopayz, cashu | |
fxprimus review | 1 | 1:500 | metatrader 4 | 100 | bitcoin, china unionpay, fasapay, neteller, skrill, wire transfer | |
infinox review | 1 | 1:300 | metatrader 4 | 100 | credit cards, wire transfer, skrill, neteller, china unionpay | |
JCMFX review | 1 | 1:1,000 | metatrader 4 | 10 | credit cards, fasapay, wire transfer, neteller, skrill | |
larson&holz review | 1 | 1:500 | metatrader 4, web trader | 100 | credit cards, wire transfer, neteller, paypal, yandex, liqpay, alfa click, beeline, mtc, perfect money | |
LMFX review | 1 | 1:1,000 | 100% match bonus, 15% recovery | metatrader 4, webtrader | 50 | credit cards, fasapay, neteller, okpay, skrill, wire transfer |
LQDFX review | 1 | 1:500 | metatrader 4, xstation | 20 | wire transfer, credit cards, skrill, neteller, unipay, fasapay, sofort, ideal | |
paxforex review | 1 | 1:500 | no deposit $7 bonus – cannot withdraw | metatrader 4 | 10 | credit cards, fasapay, neteller, OKPAY, perfect money, QIWI, skrill, unionpay, webmoney, wire transfer |
rallytade review | 1 | 1;1,000 | metatrader 4, xstation (web-based), xsocial, xoptions | 100 | credit cards, neteller, skrill, interswitch, pocketmoni, etraszact, perfectmoney, webmoney, voguepay | |
range markets review | 1 | 1:500 | metatrader 4 | 100 | neteller, credit cards, wire transfer | |
roboforex review | 1 | 1:500 | metatrader 4, ctrader | 1 | credit cards, QIWI wallet, webmoney, yandex.Money, RBK money, skrill, fasapay, cashu, payoneer, china unionpay, neteller, perfect money | |
templefx review | 1 | 1:400 | metatrader 4, templefx trader (web-based) | 50 | wire transfer, credit cards, skrill, sofort, neteller, unionpay | |
tradersway review | 1 | 1:1,000 | metatrader 4, ctrader | 0 | skrill, neteller, perfect money, webmoney, QIWI, monetaru, easypay, boletto, cashu | |
tradize review | 1 | 1:1000 | 100 | skrill, neteller, credit cards | ||
turnkeyforex review | 1 | 1:200 | 00% deposit bonus; 30 days of commission-free trading; 30% rescue bonus | metatrader 4, trade station | 5 | credit cards, wire transfer, neteller |
freshforex review | 1 | 1:1000 | SIGN-UP BONUS ¢100! | Metatrader 4 | 1 | debit/credit cards, neteller, OKPAY, W1, QIWI, webmoney, skrill, fasapay, contact, wire transfer |
oinvest review | 0 | 1:200 | samsung galaxy, iphone | metatrader 4 | 200 | skrill, neteller, credit cards |
triomarkets review | 0 | 1:300 | - | metatrader 4, sirix webtrader | 100 | credit card, wire, skrill, neteller, paypal and cashu |
orbex review | 0 | 1:500 | metatrader 4 | 500 | skrill, neteller, wire transfer, credit cards, cashu, webmoney | |
grandcapital review | 0 | 500:1 | $500 no deposit | metatrader 4, webtrader | 10 | credit card, neteller, webmoney, cashu, fasapay, scrill, webmoney |
alfatrade review | 0 | 200:1 | - | metatrader4, webtrader | 500 | wire transfer, credit cards, skrill, neteller |
fxgrow review | 0 | 200:1 | - | metatrader 4, netstation | 100 | credit/debit cards, skrill, neteller, okpay, cashu, wiretransfer |
juno markets review | 0 | 1:400 | - | metatrader 4 | 500 | neteller, skrill, credit cards, wire transfer |
teletrade review | 0 | 1:200 | 24% | metatrader 4, mobile | 2000 | credit cards, wire transfer, neteller, skrill |
abshire-smith review | 0 | 1:200 | vertex fx, metatrader 4, straticator | 500 | cashu, neteller, skrill, wire transfer | |
adamant finance review | 0 | 1:500 | metatrader 4 | 1 | bitcoin, cashu, credit cards, fasapay, megatransfer, neteller, OKPAY, QIWI, webmoney, yandex.Money | |
blitzbrokers (IB for axitrader) review | 0 | 1:500 | metatrader 4 | 1 | credit cards, neteller, skrill | |
cibfx review | 0 | 1:200 | metatrader 4 | 100 | paypal, skill, credit cards, neteller | |
ETX capital review | 0 | 1:200 | ETX trader pro, metatrader 4, ETX binary | 100 | credit cards, wire transfer, firopay, neteller, skrill, sofort, china unionpay | |
hydra markets review | 0 | 1:1,000 | metatrader 4 | 100 | skrill, neteller, credit cards | |
swissmarkets review | 0 | 1:500 | metatrader 4, webtrader | 200 | credit cards, wire transfer, neteller, skrill, ideal, giropay | |
trade360 review | 0 | 1:1,000 | 35%, $60 no deposit for real account | trade360 | 100 | credit cards, skrill, neteller, wire transfer |
forexmart review | 0 | 1:1,000 | $150 no deposit needed | metatrader 4 | 1 | credit cards, neteller, skrill, paypal, paxum |
forexee review | 0 | 1:500 | special trading commission $1, welcome bonus $15 for STP, 0% commission for deposits | metatrader 4 | 50 | credit cards, webmoney, wire transfer, skrill, neteller, bitcoin, bitcoin cash, litecoin, fasapay, etherium, payza, perfect money |
Neteller services
Neteller has a lot of secure services and transactions for its clients. These services include but not limited to:
- The ewallet: this is a digital wallet used for deposits and withdrawals. This e-wallet account can be funded in many ways including free debit card deposits, use of credit cards, local bank deposits, and international bank transfers.
- The net+ prepaid mastercard: transaction option functions exactly as a debit or credit card. This card is linked to your ewallet neteller account. When loading the card with funds from an ewallet, users can make purchases at any POS location that accepts the traditionalmastercard as well as make any withdrawals at atms of their choice.
- The two-factor authorisation service: it was introduced by neteller in 2015 to ensure that your transaction is always protected from cybercriminals. It gives money and accounts a safer room without prying eyes.
Compare brokers that accept neteller
For our neteller comparison, we found 14 brokers that are suitable and accept traders from ukraine.
We found 14 broker accounts (out of 147) that are suitable for neteller.
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About XTB
Platforms
Funding methods
82% of retail investor accounts lose money when trading cfds with this provider.
Avatrade
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About avatrade
Platforms
Funding methods
79% of retail investor accounts lose money when trading cfds with this provider.
Axitrader
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About axitrader
Platforms
Funding methods
68.5% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
XM group
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About XM group
Platforms
Funding methods
78.04% of retail investors lose money when trading spread bets and cfds with this provider.
Easymarkets
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About easymarkets
Platforms
Funding methods
83% of retail investor accounts lose money when trading cfds with this provider.
Admiral markets
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About admiral markets
Platforms
Funding methods
83% of retail investor accounts lose money when trading cfds with this provider
Thinkmarkets
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About thinkmarkets
Platforms
Funding methods
Losses can exceed deposits
Trade.Com
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About trade.Com
Platforms
Funding methods
71.36% of retail investor accounts lose money when trading cfds with this provider.
Forextime
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About forextime
Platforms
Funding methods
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Fxpro
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About fxpro
Platforms
Funding methods
80.52% of retail investor accounts lose money when trading cfds with this provider
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
The ultimate guide to
Forex brokers that accept neteller
Feature forex broker that accept neteller
ETX capital is our most popular forex broker that accepts neteller. A few of the reasons why ETX capital are so popular are:
- Regulated by the financial conduct authority, UK #124721
- Offers multiple platforms including MT4, traderpro and mobile apps
- Offers trading for forex, cfds, spread betting, equities, commodities and indices
- Established broker with over 10 years in business (since 2002)
What is neteller
Neteller is amongst the top online payment (e-money/e-wallet) platforms across the globe. They were established in 1999 as one of the pioneers in the electronic funds market. Today, neteller is authorised by the financial conduct authority in the UK, is operated by paysafe financial services and covers over 200 countries in all the continents of the world.
For over a decade, it has been the trusted platform for online payments and now process more than $1 billion worth of transactions annually.
Neteller use advanced electronic and physical security measures as well as the use of high-tech anti-money laundering protocols including a 128-bit encryption technology, giving the platform an upper hand to ensuring an all-time monitoring of transactions and identity verifications in order to prevent fraud and identity theft. This makes neteller a perfect choice for traders looking for secure online payment method.
Neteller services
Neteller has a lot of secure services and transactions for its clients. These services include but not limited to:
- The ewallet: this is a digital wallet used for deposits and withdrawals. This e-wallet account can be funded in many ways including free debit card deposits, use of credit cards, local bank deposits, and international bank transfers.
- The net+ prepaid mastercard: transaction option functions exactly as a debit or credit card. This card is linked to your ewallet neteller account. When loading the card with funds from an ewallet, users can make purchases at any POS location that accepts the traditionalmastercard as well as make any withdrawals at atms of their choice.
- The two-factor authorisation service: it was introduced by neteller in 2015 to ensure that your transaction is always protected from cybercriminals. It gives money and accounts a safer room without prying eyes.
Why choose neteller
Using neteller for both local and international transactions comes with a lot of benefits. Read on and find out how you can benefit from it.
- A myriad of funding options: with neteller, you are not just limited to one system of funding your account. You can make use of your local bank account, your credit card, debit card, or even through an international bank transfer. It gives you convenience in your business transactions.
- Low-cost deposit options: you don’t get to pay many fees when you are making deposits. You can also have your payment 100% indemnified from customers in any part of the world. This prevents you and your business from chargebacks and other unnecessary costs.
- Low-cost transactions with the net+ prepaid mastercard: using neteller does not come with any weekly, monthly, or yearly fees. The card is reloadable so there is no need in paying interest, late payment fees, or overdraft when you use it. The card equally helps you prevent the risk of debt accumulation because it only allows you spend what is in your account.
- User-friendly and global configurations: neteller is a user-friendly platform without any complexities. Neteller’s e-wallet comes in 19 currencies, 13 languages with a lot of additional local deposit and withdrawal options in nearly all the 200 countries it operates.
Getting a neteller account and deposit information.
If you do not already have a neteller account, you can sign up for a free account from neteller.
Deposits can be made from $5 and in many currencies as well including but not limited to CAD, e-BANKING, DKK, EUR, INR, JPY, GBP, MXN, PLAN and any other payment platforms.
Neteller transactions can be processed in an instant, usually within 24 hours. For bank transactions, your account is credited or debited immediately upon approval by your bank. For other online transactions, you get instant transfers and withdrawals at all times.
Neteller is a secure, reliable, and safe platform that makes world-wide transactions by both businesses and individuals very simple.
Why choose XTB
for neteller?
XTB scored best in our review of the top brokers for neteller, which takes into account 120+ factors across eight categories. Here are some areas where XTB scored highly in:
- 16+ years in business
- Offers 1,500+ instruments
- A range of platform inc. MT4, mirror trader, web trader, tablet & mobile apps
XTB offers three ways to tradeforex, cfds, social trading. If you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
XTB have a AAA trust score. This is largely down to them being regulated by financial conduct authority, segregating client funds, being segregating client funds, being established for over 16
Trust score comparison
XTB | avatrade | axitrader | |
---|---|---|---|
trust score | AAA | AAA | AAA |
established in | 2002 | 2006 | 2007 |
regulated by | financial conduct authority | central bank of ireland, ASIC, IIROC, FSA, FSB, UAE and BVI | financial conduct authority and ASIC |
uses tier 1 banks | |||
company type | private | private | private |
segregates client funds |
A comparison of XTB vs. Avatrade vs. Axitrader
Want to see how XTB stacks up against avatrade and axitrader? We’ve compared their spreads, features, and key information below.
The best neteller forex brokers
Neteller is a company to make online payments that is not as well known as paypal or skrill or others but has been increasing its participation in this market little by little. It is used by people and online businesses to make payments for products and services of all kinds. One of its advantages is that it is registered and regulated by the FCA, the main financial regulatory body of great britain, which is in charge of the regulation and control of the largest companies that provide financial services in that country. This ensures at least that neteller has transparency in its operations.
It also offers several advantages such as the possibility of requesting prepaid mastercard cards that the customer can use to buy products on the internet and even to withdraw funds from their neteller account in their own country. Due to the advantages it offers, among them the speed and security of its transactions, it has been incorporated by some brokers as a payment option to deposit and withdraw funds from their trading accounts. In this way, customers who already have an account with neteller can deposit money to their account with one of these brokers almost immediately
As for commissions, they are quite low compared to other online electronic payment systems. More and more forex brokers accept neteller due to their low commissions and the speed with which funds deposits and withdrawals are completed.
Below is a list of brokers that accept neteller:
List of neteller forex broker
The best forex brokers accepting neteller as an option to deposit and withdraw funds from their trading accounts. This list s the best brokers with high reliability and years of experience in the market.
Fxdailyreport.Com
One of the key aspects to be considered when choosing a forex broker to work with is the payment method. If you are new to forex trading, you may not pay much attention to this. Experienced traders will tell you that the payment method has a significant role to play as it contributes a great deal to providing you the best trading experience. If the payment method offered by the broker is slow, you will not be able to transfer funds immediately and take advantage of market movements as and when they occur. It is, therefore, recommended that you consider neteller as a payment option as it is both fast and trustworthy. The aim of this post is to provide you with some information about neteller and some of the best neteller forex brokers you can consider working with.
List of top online forex brokers that accept neteller
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK | visit broker |
What is neteller ?

Neteller, an e-wallet payment service, was launched in 1999 by optimal payments ltd. (presently paysafe group plc). It is now being used by individuals as well as businesses in over 200 countries as it enables you to remit funds faster. Neteller, which also operates as a money transfer service provider in the UK, has been licensed by the financial conduct authority (FCA) to operate as an authorized e-money institution. Neteller allows traders who have accounts with them to withdraw the profits they generate through forex trading directly to their respective bank accounts.
How does neteller work for forex traders ?
After having identified a forex broker that accepts neteller payments, you need to open an account on the broker’s website as well as neteller’s website. There is no fee for opening an account on the neteller website. The next step is choosing your currency. You should ensure that you are using the same currency on your broker’s and neteller accounts. This is very important. Otherwise you will lose a lot of money on fees during transactions.
Neteller is known among the trader community for the small fees that it charges for transactions. The charges for making deposits and withdrawals through bank wire transfer or debit/credit cards are often very high. With neteller, you can expect the fees to range from 0 percent to 1.5 percent and go up to 4.95 percent or 9.9 percent based on the funding options opted by you.
Benefits of registering with neteller and top forex broker that accepts neteller
The benefits of registering with neteller and forex brokers that accept payments through neteller are as follows:
Neteller is a regulated e-wallet and is known for its safety that it offers.
Many forex brokers accept neteller and this is good because there will be no dearth of options.
Some forex brokers reward their clients with bonuses, if they choose to use the neteller payment method.
Among payment systems, neteller is one of the service providers that transfers funds fast.
The charges for withdrawing profits through neteller are very competitive.
Having understood the operation of neteller and the benefits of working with brokers that accept payments through this e-wallet, some information about a few of the recommended neteller forex brokers are provided below. You can do a background check on these brokers and choose one that best fits your needs.
FBS, an international forex broker, has presence in over 120 countries. The online forex company boasts of 2,000,000 traders (clients) and 130,000 partners. For muslim traders, the broker provides swap-free or islamic accounts. FBS was founded in 2009 and they do not offer financial services to people in the USA, belize and japan.
Broker type – ECN/STP, DMA/STP, MM
minimum deposit – $5
deposit options: visa/master card, neteller, skrill (7.5% commission), webmoney, perfectmoney, OKPAY, FBS exchanger, wire transfer, yuupay (3% commission), etc.
Maximum leverage – 500:1
minimum lot size – 0.01
spreads – fixed and variable
lowest spreads for EUR/USD – 2 pips for mini accounts and 1 – 2 for standard accounts
XM.Com, a trade name of trading point holdings ltd, is owned as well as operated by trading point of financial instruments ltd, which is regulated by cysec. It is also european union-registered forex broker. XM has its headquarters in limassol, cyprus.
Broker type – DMA/STP, MM
minimum deposit – $5
deposit options: bank wire, neteller, skrill, webmoney, credit card, westernunion, moneygram, SOFORT, unionpay (china), etc.
Maximum leverage – 888:1
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – more than 1
Avatrade, a pioneer in the field of online forex trading from 2006 onwards, was created for the purpose of providing great online trading experience to retail traders. Within a short time, avatrade had more than 20,000 registered customers executing over 2,000,000 trades in a month around the globe. The total value of trades surpasses $60 billion in a month.
Broker type – market maker
regulation – australian securities and investments commission (ASIC); central bank of ireland; financial futures association, japan; financial services board (FSB), south africa and israel securities authority (ISA)
platforms – metatrader 4, avatrader
minimum deposit – $100
deposit options – bank wire, paypal, webmoney, skrill, credit card, neteller, prepaid master card, etc.
Maximum leverage – 400
minimum lot size – 0.05
spreads – fixed
lowest spreads for EUR/USD – 3
Etoro, an online forex broker, offers trading in currencies, indices, commodities and CFD stocks. More than 4.5 million users from over 170 countries around the world make use of the online forex broker’s website. Founded in 2006 in tel aviv, the multi-asset brokerage company has registered offices in israel, the united kingdom and cyprus. One of the key features of etoro is the social investment platform with copy-trading feature that it offers.
Broker type – market maker
regulation – cyprus securities and exchange commission (cysec), markets in financial instruments directive (mifid), commodity futures trading commission (CFTC), financial conduit authority (FCA), national futures association (NFA), australian securities and investments commission (ASIC)
platforms – etoro openbook, etoro webtrader, etoro mobile trader
minimum deposit – $50
deposit options – bank wire transfer, credit/debit card, skrill, moneygram, paypal, neteller, webmoney, western union
maximum leverage – 400:1
minimum lot size – 0.01
spreads – fixed
lowest spreads for EUR/USD – 3
Exness group, founded in 2008, has a trading volume of more than $180 billion and as many as 15,000 people from around the world open trading accounts with the forex broker every month. Currently, exness makes available over 120 financial instruments for trading.
Broker type – ECN/STP and market maker
regulation – cyprus securities and exchange commission (cysec), markets in financial instruments directive (mifid),
platforms – metatrader 4, metatrader 5, mobile platforms
minimum deposit – $1
deposit options – bank wire transfer, visa, skrill, neteller, webmoney, yuucollect, EXCARD, internal transfer, perfect money, cashu
maximum leverage – 2000:1
minimum lot size – 0.01
spreads – fixed
lowest spreads for EUR/USD – 0.1 to 0.2
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Contents of the article
- Today forex bonuses
- Choosing your preferred neteller forex brokers...
- Neteller’s gambling history & introduction to the...
- Forex brokers that accept NETELLER
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- A brief introduction to neteller
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- Neteller faqs
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- Using neteller as A deposit/withdrawal method
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- The bottom line
- Neteller forex brokers
- What is neteller?
- Using neteller as A deposit/withdrawal method
- Advantages of selecting neteller forex brokers
- How to choose a reliable forex broker that offers...
- The bottom line
- Best forex brokers working with neteller 2021
- Compare brokers that accept neteller
- We found 14 broker accounts (out of 147)...
- Avatrade
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- Forextime
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- Why choose XTB for neteller?
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- List of neteller forex broker
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- List of top online forex brokers that accept...
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