Neteller Forex Brokers with the Lowest Deposit
Neteller is an online payment platform as well as one of the most used payment platforms in the financial markets. This kind of payment offers a high level of security measures and even advanced protocols that prevents money laundering. Recently, Neteller forex brokers have become popular as the online payment platform is gaining popularity across the world.
Besides Neteller payments, these forex brokers also offer low deposit requirement. Though having big funds in a trading account seems to be so satisfying, starting with a small deposit is highly recommended to avoid big risks. Thus, Neteller forex brokers with the lowest deposit below can provide some good recommendations.
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Neteller is an online payment service (e-wallet/e-money) issued by Optimal Payments PLC. Since its foundation in 1999, the service has reached more than 180 countries all over the world, enabling fund transfers between merchants from various sectors.
Neteller users are commonly interested in their services because they have two types of accounts. The first is a premium account called Neteller VIP, and the second is a regular account. The VIP account offers more attractive features, such as lower fees, higher transfer limits, and other perks.
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How secure is Neteller for forex traders?
Whatever transaction you make with a forex broker, Neteller will never ask you to attach any kind of sensitive information. As mentioned before, you only need to log in to your account and authorize your payment request. The password is the simple protection for your personal information and funds. In other words, your broker won't get any sensitive data from you.
Moreover, Neteller convinces you that when you are transferring or withdrawing some money to your e-wallet, no third party can see your important information. It encrypts any data coming from the client, so none of the other parties involved in a transaction can access it; although the information might be exposed during the Neteller transaction.
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Can you request a chargeback from Neteller?
Yes, you can. If you trade with a trusted and regulated broker, just contact the regulatory agency and inform your transaction history. Then, the regulator will handle and process your chargeback request and you will get your refund in a short time. Furthermore, if the hacking is somewhat proven to be inflicted by some errors in the Neteller's system, the company is obligated to be the one giving you the chargeback.
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To fund your Neteller account, you can choose from the various amounts offered by Neteller. Whatever method you use, the charge of the deposit will be around 2.5%. If you withdraw from Neteller, you can also choose some payment options and each of them will charge you differently.
If you want to top up your Neteller wallet via bank transfer, it will charge you $10. Meanwhile, if you transfer through the wire transfer, it will charge you $12.75. The money transfer will charge you 1.45% for at least a $0.50 amount of transaction. Finally, if you want to withdraw your money through Neteller and Prepaid Mastercard, the charge will be around 0% to 1.75%.
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