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Forex Brokers That Accept Neteller Payment Method for Deposit and Withdrawal


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Broker Payment Specifications

Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' deposits and withdrawals. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Moreover, the company behind Neteller promised a fast and secure payment service. Unlike wire transfers, Neteller doesn't need much time to process payments as they will be done instantly.

Most forex traders would want a quick and easy method of sending deposits and withdrawing profit. This is where Neteller comes in.

Neteller started in 1999. It is a payment system regulated under the Financial Conduct Authority with reference number 900015. This company is operated by Paysafe Group Limited, formerly known as Optimal Payments PLC, which is publicly traded on the London Stock Exchange.

Paysafe Group Limited acquired several other companies in 2014 such as Global Merchant Advisor Inc. and Meritus. They have also executed an acquisition of Skrill Ltd. from London, United Kingdom.

In the same year, they secured Principal Membership with Visa Europe and Mastercard Europe so that Neteller users can have more options for deposit and withdrawal methods. That may also draw the interest of forex brokers because they often want to give their traders plenty of options on deposit or withdrawal methods. Currently, there are hundreds of forex brokers that accept Neteller as a funding method.

Here are the advantages should you choose to open a Neteller account:

  • No fee for transactions with another Neteller account.
  • $10,000/year turnover for VIP members on the loyalty program.
  • No identity verification except for withdrawal from Neteller wallet.
  • Your account can be verified with a single ID scan.
  • Accessible to people from more than 200 countries.

Neteller charges a fee of 2.5% when you add funds to the account. On the other hand, withdrawal is charged differently:

  • Bank Transfer: $10
  • Member Wire: $12.75
  • Merchant Sites: Free
  • Money Transfer: 1.45% or $0.50, whichever is higher.

  • There is a limit to how much you can withdraw with a certain method. If this is a problem for you, then you may want to consider their VIP account.
  • They can only offer limited services in the US and Canada.
  • No good buyer protection.

Unfortunately, no. Neteller won't be available if you're from:

  • Afghanistan
  • American Samoa
  • Åland Islands
  • Bhutan
  • Bouvet Island
  • China
  • Cocos Islands
  • Congo
  • Cook Islands
  • East Timor
  • Eritrea
  • Guam
  • Guinea
  • Heard Island and McDonald Islands
  • Iran
  • Iraq
  • Ivory Coast
  • Kazakhstan
  • North Korea
  • Kyrgyzstan
  • Liberia
  • Libya
  • Marshall Islands
  • Micronesia
  • Mongolia
  • Myanmar
  • Nauru
  • Northern Mariana Islands
  • Pakistan
  • Palau
  • Puerto Rico
  • Saint Barthélemy
  • South Georgia and the South Sandwich Islands
  • Sudan
  • Syria
  • Tajikistan
  • Turkmenistan
  • Uganda
  • US Minor Outlying Islands
  • Uzbekistan
  • US Virgin Islands
  • Yemen
  • Zimbabwe

If you decide to open a Neteller account, here is guidance on how to deposit funds and withdraw profits from your forex account:


  • After you have funded your Neteller account, you can proceed to the payment page of your forex broker.
  • Then, enter the amount that you want to deposit on your forex account. Doing so will open up a page that redirects you to your Neteller account.
  • Just enter your user ID or user email without any sensitive and confidential information.
  • Finally, you must verify the fund you are about to send, and within a couple of minutes, you can start trading.


Usually, if the forex broker provides an option to deposit funds using Neteller, then they most likely allow withdrawal to your Neteller account as well. The first few steps are similar to funding via a Neteller account. The difference is only the option that you choose at the beginning and the time it takes for your money to arrive in your Neteller account. Generally, it takes about 2 business days.

Of course, being quick and simple alone is not enough. The payment method has to be secure so that no one can steal your classified information. To that end, Neteller will not ask you to provide any sort of classified information during the transaction. Instead, they will only ask you to log in to your Neteller account.

For more options regarding Neteller forex brokers, see also: