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Forex Brokers That Accept Neteller Payment Method for Deposit and Withdrawal

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Neteller was founded in 1999 by Stephen Lawrence and John Lefebvre, with its headquarters in Canada. It is a payment system regulated under the FCA 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. To this day, Neteller has become a preferred method for depositing and withdrawing funds globally.


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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.

In 2014, Neteller secured Principal Membership with Visa Europe and Mastercard Europe, providing clients with more payment options. This move also attracted many international brokers. Currently, there are hundreds of forex brokers that accept Neteller as a funding method.

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

Deposit:

  • If you don't have a Neteller account, you'll need to create one and then fund it.
  • After you have funded your Neteller account, you can proceed to the payment page of your forex broker.
  • Enter the amount that you want to deposit in 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.
  • Within a couple of minutes, you can start trading in the forex market.

Withdrawal:

  1. Log in to your forex account and navigate to the payment page.
  2. Find the withdrawal section on the payment page.
  3. Enter the amount you wish to withdraw.
  4. Your withdrawal money will be in your Neteller account in 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:

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.

These fees are quite high when compared to other online payment methods like PayPal. In fact, even Skrill is not as expensive as this though.

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.

  • 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 the VIP account from Neteller.
  • They can only offer limited services in the US and Canada.
  • No good buyer protection.
  • The fees are quite high.

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

Additional FAQ

  1. Go to the payment page to enable you to do it.
  2. Select the payment options and enter the amount you wish to deposit.
  3. Select Neteller from the provided methods.
  4. The page will load to a prompt that asks you to log in to your Neteller account.
  5. On this step, it does not ask you some sensitive information for confirmation. You just need to enter your User ID/email address and password to access the Neteller wallet.
  6. Finally, verify the deposit transaction and your account will be funded as requested.

Continue Reading at Using Neteller for Forex Trading

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.

Continue Reading at Using Neteller for Forex Trading

Here are some helpful tips to find out a forex broker that accepts Neteller payment:

  1. Check the payment method page or the section that explicitly explains the deposit and withdrawal methods.
  2. If a broker provides Neteller as the payment method, it will show the service's logo on the main page (usually near the footer area). You can also check the FAQ section about funding, deposit, withdrawal, and payment methods.
  3. Check the Exclusive Offers page. Brokers accepting Neteller usually display some information about offers on certain platforms that are supported.

Continue Reading at Using Neteller for Forex Trading

  • You can directly fund your trading account from your Neteller account.
  • You can also withdraw from your trading account and transfer the funds to your Neteller account.
  • Signing up for an account is simple and easy.
  • The best part of the service is the quick speed transfer, so the payment process would not bother your trading activity.
  • Forex brokers will not charge you any fees if you choose to deposit or withdraw through Neteller.
  • Payments via Neteller are secure. Neteller company has thought about the security of its customers, so it utilizes the service with the most sophisticated technologies.
  • Neteller offers a currency conversion that charges you a small fee only.
  • You can withdraw funds to your local bank account in your currency because Neteller serves as a worldwide digital wallet.

Continue Reading at Using Neteller for Forex Trading