In this article we have conducted diligent research and come up with the best forex brokers that accept Neteller as a payment method. Our list looks at the key factors of each broker which include service, product and reliability.
The brokers below represent the best Neteller Forex Brokers Comparison Table
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This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; When trading CFDs you do not own or have any rights to the CFDs underlying assets. FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.
ASIC, CySEC , FSCA South Africa
1:30 (ASIC), 1:30 (CySEC ), 1:500 (FSCA South Africa)
MT4, MT5, cTrader, IRESS
DMA, ECN, No dealing desk, STP
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71% of retail investor accounts lose money when trading CFDs with this provider
ASIC, CySEC , FSCA South Africa, FSA Japan, FSC Mauritius, BVI FSC, CBI Ireland
1:30 (ASIC), 1:30 (CySEC ), 1:400 (FSCA South Africa), 1:25 (FSA Japan), 1:400 (FSC Mauritius), 1:400 (BVI FSC), 1:30 (CBI Ireland)
MT4, MT5, Proprietary, AvaSocial, AvaTradeGo, AvaOptions, WebTrader
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82% of retail CFD accounts lose money
FCA UK, CySEC , FSCA South Africa, FSC Mauritius
1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa), 1:1000 (FSC Mauritius)
MT4, MT5, ,
No dealing desk, ECN, Market Maker
Best Neteller Forex Brokers for Forex Trading
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients. You can also visit our Stoke Brokers section.
This brokerage offers a massive range of tradable assets through Forex, CFD, and share trading accounts. FP Markets supports the MT4, MT5, and IRESS platforms and offers leverage up to 500:1. You can trade 45 currency pairs with competitive spread or commission pricing.
FP Markets was founded in 2005 and is headquartered in Sydney, Australia. It is regulated by by the ASIC in Australia. Demo accounts are available. While it is suitable for beginners, education resources are limited.
AvaTrade is a broker that provides a great range of trading accounts and platforms to trade on more than 1,250 instruments covering Forex, stocks, indices, commodities, cryptos and FX options. Regulated by eight financial regulators around the world, the services are mainly geared towards beginners but there are some useful tools for advanced traders as well.
From our live testing, opening an account with AvaTrade was fast and very simple. There are different investor protections depending on which jurisdiction you open an account with but everything is laid out transparently on the broker’s website which is always good to see.
While there are a lot of platforms geared towards advanced traders such as MetaTrader 4, MetaTrader 5 and AvaOptions, beginner traders will be able to navigate the AvaTradeGo mobile trading app with ease.
FXTM, short for ForexTime, is a platform with a primary focus on foreign exchange. That specialization allows it to rise above many others when it comes to Forex-focused trading platforms and tools. CFDs are available on 50+ currency pairs including major, minor, and exotic pairs. Leverage is available up to 1000:1.
Spreads are competitive across all platforms with 24-hour trading open 5 days per week. FXTM is based in Cyprus and licensed by the International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission, and other regulators in and out of the EU. A free demo account is available.
Neteller is an electronic digital wallet payment system, founded in 1999. It is a part of the PaySafe Group, the same company which owns the Skrill brand. Neteller provides users with a system of making electronic payments in three ways:
The pathway to funding a forex account with Neteller usually starts with funding the Neteller wallet, then initiating the transaction on the broker’s website, before being redirected to the Neteller wallet where the transaction is concluded.
Neteller provides a three-pronged system of conducting transactions on a forex account. By using Neteller as a deposit/withdrawal method, you can deposit funds to your forex account using three methods listed above, or withdraw funds. All transactions take place within the Neteller system.
Transactions are secure, can be done with a 2-step authentication process. Transactions are processed instantly. So if you are a fast-paced trader who wants to take quick advantage of an opportunity, you can deposit money with Neteller and get the trade done within minutes.
Today’s day traders want to be able to take advantage of quick market opportunities. A trader may spot an opportunity by 10.05 am and need to trade it with extra funds by 10.15am. Neteller presents such traders this opportunity because they can fund their accounts instantly.
Neteller digital wallet can be accessed by a multiple-step authentication process, which is optional. Furthermore, users can fund their Neteller wallets using various means of transaction, for onward funding of a forex account.
Neteller also provides a currency conversion platform for a small-fee. Since it serves as an international digital wallet, Neteller has the functionality of being able to withdraw your funds to your local bank account, in your own local currency.
Many forex brokers are now offering Neteller as a means of transaction. There are several ways to choose a decent broker that offers Neteller as a means of conducting deposit and withdrawal transactions on a forex account.
Does Neteller provide chargebacks on a broker’s account? In exceptional cases, yes it does. However this is a rare occurrence and has to be justified by the trader before a chargeback can be initiated.
If you are use Neteller as a payment method then you need a good forex broker that also supports this method for deposits and withdrawals. We have come up with a definitive list to the very best forex brokers that accept Neteller.
FX Empire editorial team consists of professional analysts with a combined experience of over 45 years in the financial markets, spanning various fields including the equity, forex, commodities, futures and cryptocurrencies markets.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.