Best Online Forex Trading Brokers That Accept Neteller Payment

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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
HYCM Logo Min Deposit: $100
Spread: From 0,2 Pips
Leverage: 1:200
Regulation: FCA UK (#186171), CySEC (#259/14), CIMA (1442313) and DFSA (F000048)
10% Welcome Bonus up to $5,000 Visit Broker
FBS Markets Inc forex broker Min Deposit: $1
Spread: From 0 Pips
Leverage: 3000:1
Regulation: CySEC, IFSC
$100 No-Deposit Bonus, 100% Deposit Bonus, Lucky T-shirt, iPhone 6s Plus Visit Broker
OCTAFX forex broker 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
xm best forex broker Min Deposit: $5
Spread: From 0 Pips
Leverage: 500:1
Regulation: ASIC, CySEC, FCA (UK), IFSC Belize
“50% +20% deposit bonus up to $5,000, Loyalty Program Bonus Visit Broker
exness forex broker review Min Deposit: $1
Spread: From 0 Pips
Leverage: 2000:1
Regulation: FCA UK, CySEC, FSP, BaFin, CRFIN
35% of the account Deposit Visit Broker
No Deposit Bonus Instaforex 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
Pepperstone review best forex broker in Australia Min Deposit: $200
Spread: Starting 0 Pips
Leverage: 500:1
Regulation: ASIC Australia, FCA UK
Visit Broker
iq option best binary options brokers Min Deposit: $10
Spread:
Leverage:
Regulation: CySEC
- Visit Broker
etoro best forex broker USA Min Deposit: $200
Spread: From 3 Pips
Leverage: 400:1
Regulation: NFA, FCA, CySec
Visit Broker
FXOpen ECN Broker Min Deposit: $300
Spread: floating, from 0 pips
Leverage: 500:1
Regulation: FCA UK reference number 579202
Visit Broker

What is Neteller ?

Best Online Forex Trading Brokers That Accept Neteller Payment

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.

#1: FBS

FBS Markets Inc forex broker

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

#2: XM.com

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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

#3: AvaTrade

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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

#4: eToro

etoro best forex broker

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

#5: Exness

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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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