Best Neteller Forex Brokers in 2024
The best Forex broker that supporting Neteller is RoboForex
Top Forex Brokers That Accept Neteller in 2024:
RoboForex - Minimum deposit - $10, Deposit fee - 0%, Withdrawal fee - 0%
IC Markets - Minimum deposit - $200, Deposit fee - 0%, Withdrawal fee - 0%
Exness - Minimum deposit - $1, Deposit fee - 0%, Withdrawal fee - 0%
FxPro - Minimum deposit - $100, Deposit fee - 0%, Withdrawal fee - 0%
VantageFX - Minimum deposit - $200, Deposit fee - 0%, Withdrawal fee - 0%
When it comes to forex trading, having a reliable and convenient payment method is crucial. Neteller, a widely recognized and trusted online payment system, offers a convenient way for traders to deposit and withdraw funds. In this article, TU experts will explore the eight best Forex brokers in the world that accept Neteller as a payment method, providing traders with a seamless and secure trading experience.
The best Forex brokers that accept Neteller 2024
These 8 brokers recommended by Traders Union offer reliable platforms, competitive conditions, and seamless integration. Check out their reviews by TU experts below.
RoboForex - Best overall for beginners and professionals.
RoboForex is a user-friendly platform offering trading features for traders of all levels. It provides different account types to suit individual preferences: Cent, Standard, ECN, and Prime accounts. CopyFX and RAMM platforms are available for following successful traders or utilizing risk management strategies. RoboForex offers a wide range of tradable assets, including forex pairs, cryptocurrencies, stocks, and commodities. Neteller deposits are supported, allowing convenient and secure account funding. Minimum deposit and withdrawal amounts vary but generally start as low as $10. Neteller deposits are processed instantly, enabling immediate trading. Enjoy instant transfers and financial information safety by leveraging this recognized e-wallet service.
👍 Pros
•Wide range of trading instruments
•Multiple account types
•User-friendly platforms
•Competitive pricing and low spreads
•Educational resources and analysis tools
•Multiple deposit and withdrawal options
•Regulated and reliable
👎 Cons
•Limited customer support options
•Restricted services in certain regions
•Limited research and analysis tools
IC Markets - Best Neteller Forex Broker for Trading Speed
IC Markets offers versatile investment options with various account types, including Raw Spread, Standard, and True ECN accounts, tailored to specific trading needs. The platform supports social and copy trading, along with the popular MetaTrader 4 and MetaTrader 5 platforms. Neteller deposits are available for convenient and secure account funding. With competitive fees, diverse tools, supported assets, and versatile options, IC Markets is ideal for forex trading. IC Markets' Minimum deposit and withdrawal amounts vary, starting as low as $200. Note that IC Markets doesn't charge deposit fees, but Neteller may have its own fees for funding or withdrawals.
👍 Pros
•Strong regulatory oversight
•Competitive trading conditions
•Range of trading platforms
•A diverse selection of trading instruments
•Low-latency order execution
•High leverage options
•There are multiple account types to choose from
👎 Cons
•Inactivity fee
•Limited educational resources
•Limited research and analysis tools
•Potential slippage during volatile market conditions
Exness - Best Neteller Forex Broker for comfortable trading
Exness is a reputable and feature-rich forex broker that offers versatile investment options. Traders can choose from various account types, including Standard, Raw Spread, Zero, and Pro accounts, each tailored to specific trading needs. They are popular trading platforms like MetaTrader 4 and MetaTrader 5. The broker supports social trading, allowing traders to replicate successful strategies. Exness stands out with the inclusion of Neteller deposits, providing convenient and secure account funding. The broker ensures hassle-free transactions while safeguarding sensitive financial information. With competitive trading fees, diverse trading tools, supported assets, and versatile investment options, Exness empowers traders of all levels. Minimum deposit and withdrawal amounts vary depending on the account type, typically starting as low as $10. Consider Exness for a robust platform to enhance your forex trading endeavours.
👍 Pros
•Strong regulatory framework
•Wide range of account types
•Competitive trading conditions
•Transparency and trustworthiness
•Advanced trading platforms
•High leverage options
•Segregated client accounts for enhanced security
👎 Cons
•Limited educational resources
•Inactivity fee
•Limited research and analysis tools
•No US clients accepted
•Withdrawal fees
FxPro - Best Neteller Forex Broker for Multiple Pricing Options
FXPro provides diverse investment options, including various account types such as cTrader, and Edge accounts, each tailored to specific trading needs, including investment opportunities in stocks and futures. Traders have access to comprehensive charting features, technical analysis indicators, and automated trading options. The platform supports a wide range of assets, such as currency pairs, commodities, indices, and cryptocurrencies. FXPro offers the convenience of Neteller deposits, allowing secure and convenient account funding. Minimum deposit and withdrawal amounts vary, typically starting as low as $100. With rapid transfers and stringent security measures, FXPro ensures hassle-free transactions while safeguarding sensitive financial information. The broker does not charge deposit fees for Neteller transactions, allowing traders to optimise their funds. However, please note that Neteller may have its own funding or withdrawal fees.
👍 Pros
•Strong regulatory oversight
•Wide range of trading platforms
•Competitive spreads and pricing
•Diverse selection of trading instruments
👎 Cons
•Inactivity fee
•Limited research and educational resources
•No US clients accepted
•Some traders report occasional slippage issues
VantageFX - Neteller Forex Broker Runner-Up
VantageFX is a reputable forex broker known for its innovative technologies and exceptional trading conditions. It offers industry-leading platforms, comprehensive trading features, and various account types, including Standard STP, Raw ECN, and Pro ECN accounts, each tailored to specific trading needs. The broker supports Neteller deposits, ensuring secure and efficient funding. Minimum deposit and withdrawal amounts vary, starting as low as $200. Neteller deposits are processed swiftly, allowing traders to start trading without delays. VantageFX does not charge deposit fees for Neteller transactions, but please note that Neteller may have its own funding or withdrawal fees. The broker also provides opportunities for social and copy trading, enabling traders to replicate successful trading strategies and enhance their market success.
👍 Pros
•Strong regulatory framework
•Multiple trading platforms
•Competitive pricing and execution
•Wide range of trading instruments available
👎 Cons
•Limited educational resources
•Inactivity fee
•Longer Withdrawal processing times
AMarkets - Best Neteller Forex Broker with bonuses
AMarkets is an offshore forex broker serving clients in over 100 countries across Latin America, Asia, and Africa. The broker supports a wide range of assets for diversification and offers attractive investment options like PAMM accounts and investment portfolios. AMarkets supports a wide range of assets, including major and minor currency pairs, commodities, indices, and cryptocurrencies. Traders can enjoy the convenience of Neteller deposits, with minimum amounts typically starting at $100. Neteller deposits are processed swiftly, and AMarkets does not charge any deposit fees for Neteller transactions, allowing traders to optimise their funds.
👍 Pros
•Wide range of trading instruments
•Competitive trading conditions
•Advanced trading platforms
•Education and research resources
👎 Cons
•Limited regulation
•Restricted access for certain countries
•Customer support responsiveness
•Inactivity fees
Forex4you - Best Neteller Forex Broker with Cent Account
Forex4You is committed to providing traders with innovative technologies and exceptional trading conditions. The platform supports popular trading platforms like MetaTrader 4 and MetaTrader 5. Forex4You supports Neteller deposits, providing traders with a convenient and secure payment method. The minimum deposit and withdrawal amounts may vary depending on the account type, but they typically start as low as $1. On Forex4You, Neteller deposits are processed swiftly, allowing traders to start trading without delays.
Forex4You does not charge any deposit fees for Neteller transactions, ensuring that traders can optimize their funds. However, it’s important to note that Neteller may have its own fees for funding your account or withdrawing funds. Forex4You offers competitive trading fees, and provides tight spreads, ensuring cost-effective trading across a diverse range of currency pairs and other financial instruments, including minor and major currency pairs, commodities, indices, and cryptocurrencies.
👍 Pros
•User-friendly platform
•Diverse account types
•Competitive spreads
•Social trading features
👎 Cons
•Limited regulatory oversight
•High withdrawal fees
•Limited asset selection
•Poor customer support responsiveness
Best Neteller Forex brokers comparison
| Broker | Neteller Support | Neteller Deposit and Withdrawal Fees | Minimum Deposit | Other Payment Options | Best For | |
|---|---|---|---|---|---|---|
YES |
No |
$10 |
SEPA, Bank transfer, Skrill, AdvCash, Perfect Money, Visa/Mastercard, AstraPay, NganLuong Wallet, JCB. |
overall for beginner traders and experienced investors |
||
YES |
No |
$200 |
Bank cards and Wire transfer, e-wallets: PayPal, Skrill, Union Pay, BPay, POLI, Rapidpay, Klarna, Vietnamese Internet Banking |
Trading Speed |
||
YES |
No Deposit processing fees, Withdrawal processing fees (Less than USD 20: USD 1, More than or equal to USD 20: free) |
$10 |
Bank cards (deposit), Skrill, Perfect Money, Webmoney, Tether, USD Coin, internal transfers |
trading conditions |
||
YES |
No |
$100 USD |
ACH transfer, wire transfer |
Multiple Pricing Options |
||
YES |
No |
$200 USD |
ACH transfer, wire transfer |
N/A |
||
YES |
No |
$100 |
Skrill, Perfect Money, EasaPay, Visa, Mastercard, MIR, bank transfer, Ethereum, Litecoin, Bitcoin, Tether (USDT), UZCard, HUMO |
Forex bonuses |
||
YES |
No |
$0 |
WebMoney, Skrill, VISA, MasterCard |
Cent account |
What is Neteller?
Neteller is a secure online payment system and e-wallet that allows users to send and receive money without revealing financial information. Users can fund their accounts through bank transfers, credit cards, or other e-wallets. The balance can be used for online purchases, money transfers, or deposits with participating brokers.
Is Neteller Good for Forex?
Yes. Neteller is a popular and reliable payment method for forex trading. It offers convenience, security, and fast transactions for depositing and withdrawing funds from Forex broker accounts. With widespread acceptance among forex brokers, Neteller provides ease of use, enhanced privacy, and robust security measures like two-factor authentication and encryption.
What Currencies Does Neteller Support?
Neteller supports a wide range of currencies, including USD, EUR, GBP, JPY, AUD, CAD, and more. This extensive currency coverage enables traders to transact in their preferred currency without complex conversions, enhancing convenience and reducing exchange costs.
Does Neteller Work in My Country?
Neteller is available in many countries worldwide, including popular forex trading jurisdictions. However, it's important to check the availability of Neteller services in your specific country. Certain regions may have restrictions or limitations. For accurate and up-to-date information on your country's eligibility, consult Neteller's official website or contact their customer support.
What is the Neteller Transaction Minimum?
The Neteller transaction minimum varies depending on the forex broker or service provider. Neteller generally imposes a minimum deposit and withdrawal limit, ranging from $1 to $10. However, individual brokers may have different minimum requirements. Review your specific forex broker's terms and conditions to determine the minimum transaction amount when using Neteller for deposits or withdrawals.
How Long is Deposit and Withdrawal with Neteller?
Deposits and withdrawals with Neteller are processed promptly. Deposits are usually instant, enabling traders to start trading without delay. Withdrawal times vary but generally take one to three business days, providing convenient access to profits or fund management.
Should I Choose Neteller Forex Brokers?
Choosing a forex broker that supports Neteller as a payment method depends on your individual needs and preferences. While Neteller is a popular online payment system accepted by some forex brokers, there are other factors to consider. Here are some pros and cons of using Neteller Forex brokers:
👍 Pros
•Convenient and Secure Transactions: Neteller provides a convenient and secure payment method for forex traders. It allows easy deposits and withdrawals from Forex broker accounts without sharing sensitive banking information.
•Wide Acceptance Among Forex Brokers: Neteller is widely accepted by Forex brokers, giving traders a greater choice of brokers to trade with.
•Fast and Efficient Transactions: Neteller offers fast and efficient transactions, enabling traders to access their funds promptly for trading purposes.
👎 Cons
•Limited Availability in Certain Countries: While Neteller is widely available, some countries may have restrictions or limitations on its use due to regulatory or legal requirements.
•Potential Fees: Although Neteller itself does not charge fees for deposits and withdrawals, traders should be aware of potential fees imposed by the forex broker or associated with funding or withdrawing funds from their Neteller account.
•Dependency on a Third-Party Platform: When using Neteller, traders rely on a third-party platform for their financial transactions. Any technical issues or interruptions on the Neteller platform could potentially disrupt trading activities or access to funds.
How to choose a broker with Neteller?
When selecting a broker that supports Neteller as a payment method, it’s essential to pay attention to various factors beyond deposit and withdrawal conditions. To ensure a reliable and optimal trading experience, consider the following key aspects outlined by Traders Union experts when choosing a broker:
1. Regulation and Licensing: Verify reputable regulations to safeguard your interests.
2. Reputation and Track Record: Research the broker's reliability, service, and transparency.
3. Trading Conditions: Evaluate spreads, commissions, leverage, execution, and instruments.
4. Platform and Tools: Opt for brokers with user-friendly and reliable platforms like MetaTrader.
5. Customer Support: Prioritise prompt and responsive customer care assistance.
By carefully considering these factors, you can select a broker that not only supports Neteller as a payment method but also provides a regulated and reputable trading environment, favourable trading conditions, reliable platforms, and excellent customer support.
Depositing and Withdrawing Money with Neteller
By carefully following Traders Union’s guide below, you can easily deposit and make withdrawals using Neteller. Let’s start with depositing. To deposit money with Neteller, follow these steps:
Create a Neteller account by visiting the Neteller website and completing the registration process.
Verify your Neteller account by following the instructions provided. This usually involves providing identification documents to comply with anti-money laundering regulations.
Fund your Neteller account by logging in and navigating to the "Deposit" section. Select your preferred funding method and follow the instructions to transfer funds into your Neteller account.
Choose a forex broker that supports Neteller as a payment method and sign up for a trading account.
Log in to your Forex broker account and navigate to the deposit section. Select Neteller to make a deposit.
Enter the deposit amount and authenticate your Neteller account by following the prompts to login and authorise the transaction.
Confirm and complete the deposit, and wait for the funds to be transferred from your Neteller account to your Forex trading account.
To withdraw money with Neteller:
Log in to your Forex broker account.
Navigate to the withdrawal or funds withdrawal section within your broker's platform.
Select Neteller as the withdrawal method of your choice.
Enter the withdrawal amount within the withdrawal limits set by the broker.
Confirm the withdrawal details and authenticate your Neteller account by following the prompts to log in and authorize the withdrawal.
Complete the withdrawal request and wait for the funds to be transferred from your forex trading account to your Neteller account.
Transfer the funds from your Neteller account to your desired destination, such as a bank account or Net+ prepaid card.
It's important to note that specific steps and processes may vary slightly depending on the forex broker's and Neteller's policies. Always refer to the official guidelines provided by the platforms and contact their customer support if you encounter any issues or require further assistance.
FAQ
Where can I use Neteller?
Neteller is widely accepted globally, allowing users to make online payments at various merchants, including e-commerce websites, gaming platforms, forex brokers, and other online service providers.
Who owns Neteller?
Neteller is owned by the Paysafe Group, a multinational online payments company headquartered in Douglas, Isle of Man. It operates under the regulations and oversight of the Financial Services Authority of the Isle of Man.
Is Neteller better than Skrill?
Neteller and Skrill are both owned by the same company and offer similar services. The choice between them depends on individual preferences, as there may be differences in fees, features, and availability in certain countries.
Is Neteller available worldwide?
Yes, Neteller is available worldwide, although there may be restrictions or limitations in some countries due to local regulations. It's important to check the availability of Neteller services in your specific country and ensure compliance with any local requirements.
Methodology for compiling our ratings of Forex brokers
Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.
Key aspects of the assessment include:
Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.
Find out more about the unique broker assessment methodology developed by Traders Union specialists.
Team that worked on the article
Winnifred Emmanuel is a freelance financial analyst and writer with years of experience in working with financial websites and businesses. Her expertise spans various areas, including commodities, Forex, stocks, and cryptocurrency. Winnifred tailors her writing to various audiences, including beginners, while also providing useful insights for those who are already familiar with financial markets.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).