Forex Brokers with Neteller

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: November 20, 2024

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• Jump to:
• Main features of the best Neteller Forex brokers
• Best Forex Brokers Accepting Neteller
• How to Deposit
• How to Withdraw
• Pros of Using Neteller
• Cons of Using Neteller
• Fees and Limits
• Neteller Chargeback
• Security
• Conclusion
›

Are you looking for regulated and trustworthy forex brokers accepting Neteller? Our expert team of traders tested many forex brokers using real accounts and compiled a list with the best among them that accept Neteller.

1. 

   Fusion Markets

   Rating: 4.9

   74-89% of retail CFD accounts lose money

2. 

   Axi

   Rating: 4.8

   The vast majority of retail client accounts lose money

3. 

   FP Markets

   Rating: 4.7

   73.85% of retail investor accounts lose money

4. 

   Pepperstone

   Rating: 4.6

   75.5% of retail investor accounts lose money

5. 

   Global Prime

   Rating: 4.5

   74-89% of retail CFD accounts lose money

6. 

   XM Group

   Rating: 2.9

   72.82% of retail investor accounts lose money

Below you can find a comparison table of forex brokers that accept deposits with Neteller. We rank them based on several factors including: regulation, spreads and commissions, Trustpilot rating, trading instruments, trading platforms, deposit and withdrawal methods.

Main features of the best Neteller Forex brokers

1. TRADE NOW READ REVIEW
   Pepperstone

   Min Deposit

   $0

   Trading Instruments

   Forex, Indices, Commodities, Cryptocurrencies, Share CFDs, ETFs

   Regulators

   UK FCA (No.684312), CySEC (No. 388/20), ASIC (No. 414530), BaFin (No.151148), DFSA, CMA, SCB (Bahamas)

   Trading Platforms

   TradingView, MT5, MT4, cTrader

   Spread

   From 0.0 pips (Razor Accounts), 1 pip (Standard Accounts)

   Leverage

   1:30

   Deposit Methods

   Visa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, Skrill

   Withdrawal Methods

   Visa, Mastercard, PayPal, Bank Transfer, BPay, Neteller, Skrill

   75.5% of retail investor accounts lose money

   Clients can deposit and withdraw funds with Neteller, Skrill, and PayPal. Transactions with all three digital wallets are fee-free. The broker does not impose minimum deposit requirements.

2. TRADE NOW READ REVIEW
   Fusion Markets

   Min Deposit

   $0

   Trading Instruments

   Forex, Commodities, Indices, Crypto, US Stocks

   Regulators

   ASIC, FSA (Seychelles), VFSC (Vanuatu)

   Trading Platforms

   MetaTrader4, MetaTrader5, cTrader, DupliTrade, Fusion+ Copy Trade, TradingView

   Spread

   0.9 pips Classic; 0.0 pips Zero

   Leverage

   1:30 (1:500 for forex and metals via VFSC)

   Deposit Methods

   Visa, Mastercard, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku, Bitcoin, Ethereum, Litecoin, USDT, Tether, Ripple, bank wire, ZotaPay, VNPay, DuitNow, XPay, DragonPay, VAPay, FasaPay, AstroPay, PayID, Jetonbank, Sticpay, Interac, LuqaPay, Zotapay, MiFinity

   Withdrawal Methods

   Visa, Mastercard, Bank Wire, Skrill, Neteller,Bitcoin, Ethereum, Litecoin, Tether, Ripple, MiFinity, Interac, PayPal, AstroPay, Jetonbank, DragonPay

   74-89% of retail CFD accounts lose money

   Customers can deposit instantly with Neteller in six base currencies (USD, GBP, EUR, JPY, SGD, AUD). Deposits and withdrawals with Neteller are fee-free and instant. Fusion Markets has no limit on minimum deposits.

3. TRADE NOW READ REVIEW
   FP Markets

   Min Deposit

   $50 (AU$100)

   Trading Instruments

   Forex CFDs, Shares CFDs, Metals CFDs, Commodities CFDs, Indices CFDs, Crypto CFDs, ETF CFDs

   Regulators

   ASIC, CySEC, FSA (Seychelles), FSCA, FSA (St. Vincent and the Grenadines)

   Trading Platforms

   MetaTrader4, MetaTrader5, WebTrader, IRESS, cTrader, TradingView

   Spread

   1.0 pips Standard; 0.0 pips Raw

   Leverage

   1:30

   Deposit Methods

   Visa, Mastercard, Neteller, Bank Transfer, Skill, Sticpay, Fasapay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, Crypto, Apple Pay, Google Pay, Online Banking, Broker to Broker, PayPal, XPay, Rapyd

   Withdrawal Methods

   Visa, Mastercard, Bank Wire, Neteller, Skrill, Paytrust88, PayPal

   73.85% of retail investor accounts lose money

   FP Markets facilitates instant Neteller deposits in AUD, EUR, USD, GBP, BRL, CAD, CHF, JPY, SGD, and INR. Withdrawals to Neteller balance take one day and incur a 1% fee ($30 maximum) for every $45,000 requested.

4. TRADE NOW READ REVIEW
   BlackBull Markets

   Min Deposit

   $0 (Standard)
   $2,000 (Prime)
   $20,000 (Institutional)

   Trading Instruments

   Forex, Commodities, Futures, Indices, Stocks, Cryptocurrencies

   Regulators

   SFSA (No. SD045), FMA (No. FSP403326), FSA

   Trading Platforms

   MT4, MT5, TradingView, cTrader, MT WebTrader, BlackBull Shares, BlackBull CopyTrader, BlackBull Trade, BlackBull Invest, ZuluTrade

   Spread

   0.8 pips Standard; 0.1 pips Prime; 0.0 pips Institutional

   Leverage

   1:500

   Deposit Methods

   Visa, Mastercard, Neteller, Airtm, Skrill, Bank Transfer, HexoPay, American Express, POLi, Payment Asia, Help2Pay, FXPay, Fasapay, China Union Pay, Boleto, AstroPay, Beeteller, Bitcoin, Ethereum, Tether, Ripple, Litecoin, Bitcoin Cash, Chainlink, USD Coin, Stellar

   Withdrawal Methods

   Visa, Mastercard, Bank Transfer, Airtm, Skrill, Neteller, American Express, POLi, HexoPay, Payment Asia, Help2Pay, FXPay, China Union Pay, Boleto, Fasapay, Beeteller, AstroPay, Bitcoin, Litecoin, Bitcoin Cash, Tether, Ripple, Stellar, Chainlink, Ethereum, USD Coin

   Deposits with Neteller are free and instant after approval, with limits ranging from $50 to $50,000 per transaction. Withdrawals to the e-wallet have no ceiling but attract an additional fee of $5.

5. TRADE NOW READ REVIEW
   Vantage FX

   Min Deposit

   $50

   Trading Instruments

   Forex, Indices, Commodities, Shares CFD, ETFs, Bonds

   Regulators

   FCA (license no. FRN: 590299), VFSC (reg. No. 700271), ASIC (license no. no. 428901), FSCA (license no. 51268), CIMA (no. 1383491)

   Trading Platforms

   MetaTrader 4, MetaTrader 5, ProTrader, TradingView, Copy Trading

   Spread

   1.1 pips on Standard Account; 0.0 pips on Raw, Cent, and Pro Accounts

   Leverage

   1:30

   Deposit Methods

   Visa, Mastercard, Union Pay, Boleto, Bank Wire, Skrill, Neteller, Crypto, POLi, FasaPay, Perfect Money, BPay, Pagsmile, AstroPay, JCB

   Withdrawal Methods

   Visa, Mastercard, Union Pay, Bank Wire, Skrill, Neteller, Crypto, AstroPay, Perfect Money, JCB

   Vantage supports instant Neteller deposits in USD, EUR, GBP, AUD, and SGD. Neteller is unavailable to customers from certain countries, including Latvia, Vietnam, Russia, and Kazakhstan.

6. TRADE NOW READ REVIEW
   Global Prime

   Min Deposit

   $0

   Trading Instruments

   Forex, Cryptocurrencies, Indices, Commodities, Bonds

   Regulators

   ASIC (No. 385620), VFSC (No. 40256)

   Trading Platforms

   MT4 Desktop, MT4 Webtrader, MT4 Android

   Spread

   0.9 pips Standard, 0.0 pips Raw

   Leverage

   1:500 (1:30 for ASIC entity)

   Deposit Methods

   Visa, Mastercard, PayPal, Skrill, Neteller, Gate8, Dragonpay, Fasapay, VNPay, Pagsmile, BPay, POLi, AstroPay, Bank Transfer, Interac, Perfect Money, PayID, Jeton, MiFinity, XPay, Crypto

   Withdrawal Methods

   Mastercard, Visa, Local Bank Transfer, Bank Wire Transfer, Skrill, Neteller, AstroPay, PayPal, Dragonpay, Perfect Money, Jeton, Interac, Cryptocurrencies

   74-89% of retail CFD accounts lose money

   The broker processes deposits and withdrawals with Neteller in USD, AUD, GBP, EUR, SGD, JPY, and CAD (withdrawals only). Transactions are instant and free. The minimum Neteller withdrawal is $10.

7. TRADE NOW READ REVIEW
   Eightcap

   Min Deposit

   $100

   Trading Instruments

   Forex CFDs, Commodity CFDs, Shares CFD's, Index CFDs, Crypto CFD's

   Regulators

   SCB (No. SIA-F220), ASIC (No.391441), CySEC (No. 246/14), FCA (No. 921296)

   Trading Platforms

   MT4, MT5, WebTrader, TradingView, Capitalise.ai, FlashTrader

   Spread

   0.1 pips on Standard and TradingView Accounts; 0.0 pips Raw Accounts

   Leverage

   1:30

   Deposit Methods

   Visa, PayPal, Mastercard, Wire Transfer, Neteller, Skrill, Tether, Bitcoin, BPAY, Dragonpay, Fasapay, Interac, Pix, UnionPay

   Withdrawal Methods

   Mastercard, Visa, PayPal, Skrill, Neteller, Bitcoin, Tether, Wire Transfers, BPAY, Fasapay, Pix, Interac, UnionPay

   76.09% of retail investor accounts lose money

   Eightcap accepts Neteller deposits in EUR, USD, and CAD. Deposits are instant, while withdrawals take one business day. Withdrawal limits range from $50 to $50,000 per transaction. Unavailable to customers from Kazakhstan and Italy.

8. TRADE NOW READ REVIEW
   Axi

   Min Deposit

   $0

   Trading Instruments

   Forex, Stocks, IPOs, Indices, Commodities, Cryptocurrencies

   Regulators

   ASIC, FCA, CySEC, DFSA, FSA (Saint Vincent and the Grenadines)

   Trading Platforms

   MT4 Desktop, MT4 WebTrader, Axi Mobile

   Spread

   From 0.0 pips (Elite and Pro Accounts), 0.9 pips (Standard Account)

   Leverage

   1:30

   Deposit Methods

   Visa, Mastercard, Bank Transfer, Neteller, Skrill, AstroPay, Fasapay, Przelewy24, Boleto, Pix, Bitcoin, Ethereum, Ripple, Litecoin, Tether, Stellar, POLi, iDEAL, Sofort, Giropay

   Withdrawal Methods

   Mastercard, Visa, Bank Transfer, Przelewy24, Fasapay, Skrill, AstroPay, Pix, Boleto, Neteller, Bitcoin, Ripple, Ethereum, Litecoin, Tether, Stellar

   The vast majority of retail client accounts lose money

   Available to Axi customers from Africa, Asia, and North and Latin America. The deposit limits range from $5 to $10,000 per transaction. Customers can withdraw up to $1 million to the e-wallet.

9. TRADE NOW READ REVIEW
   eToro

   Min Deposit

   $50 or $100 based on country ($10 for the UK)

   Trading Instruments

   Crypto, CFDs on Forex, Stocks, Commodities, Crypto, ETFs, and Indices

   Regulators

   FCA, CySEC, ASIC, MFSA, ADGM, FSA, FINRA/FinCEN, AMF, SEC, GFSC

   Trading Platforms

   eToro Investing, eToro App, TradingView, eToro CopyTrader

   Spread

   1 pip

   Leverage

   1:30

   Deposit Methods

   eToro Money, Visa, Mastercard, Neteller, PayPal, Skrill, iDeal, Klarna, Bank Transfer, Trustly, Przelewy24

   Withdrawal Methods

   PayPal, Skrill, Visa, Mastercard, Neteller, Trustly, Bank Transfer

   51% of retail investor accounts lose money

   Supports several e-wallets, including Neteller, PayPal, and Skrill. Availability depends on the region. Minimum deposits range from $50 to $10,000 based on country. Withdrawal fees of $5 apply in some cases.

10. TRADE NOW READ REVIEW
    IC Markets

    Min Deposit

    $200

    Trading Instruments

    CFDs on Forex, Commodities, Index, Bond, Cryptocurrencies, Stock, Futures

    Regulators

    FSA (Seychelles), CySEC, ASIC

    Trading Platforms

    MetaTrader4, MetaTrader5, cTrader, ZuluTrade

    Spread

    0.8 pips Standard, 0.0 pips Raw Accounts

    Leverage

    1:30

    Deposit Methods

    Bank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna, Nuvei

    Withdrawal Methods

    Bank transfer, Visa, Mastercard, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, FasaPay, Poli, RapidPay, Klarna

    70.64% of retail investor accounts lose money

    Customers can transfer as little as $200 to their live accounts, or the equivalent in EUR or GBP. Deposits are instant, while withdrawals take 24 hours to process. E-wallets Skrill and PayPal are also supported.

Forex Brokers with Neteller Compared Based on Leverage, Regulation and Trading Platforms

Neteller is another e-wallet/e-money service that is publicly owned by the company of Optimal Payments PLC. Thanks to this service, people from more than 180 countries worldwide will have the chance to transfer money from and to merchants, including many gambling firms. But that’s not all – the users can also resort to the service of Neteller when they are trading Forex.

In case you are interested in the services of Neteller, you will be able to choose between two types of accounts – a premium one, also known as “Neteller VIP”, and a regular one. The VIP version includes features like low fees and so on.

It is really easy to sign up for an account. It is completely free and all you need to do is to visit Neteller’s official website. There are plenty of advantages of using Netteler for depositing to your Forex account and we will let you know how to make the most of the digital wallet and enjoy your Forex trading.

How to Fund a Forex Account with Neteller

If you have already funded your Neteller wallet, you can proceed to deposit money to your Forex account. After you have created an account at your preferred Forex broker, you can make a deposit via Neteller in no time.

The first thing you should do is head to the payments page and select the option for deposits. The next step is to enter the amount you wish to deposit and choose Neteller from the available payment methods. This will load a page that will prompt you to log in to your Neteller account. Unlike other services, you will not be asked to provide any type of sensitive information to confirm the transaction. Rather than that, you will need your user ID/email address and your password to gain access to your digital wallet. The final step is to verify the deposit and you will be ready to trade.

Once you confirm the payment, Neteller will make sure that your money will instantly appear in your Forex account. As you can see, the process is very fast and extremely easy to use which is why many Forex traders prefer to deposit via Neteller.

How to Withdraw from a Forex Account to Netller

Many Forex brokers will allow you to also withdraw your money via Neteller if you have used the service for your deposits. The entire payment process resembles the deposit steps and it is extremely easy to request a withdrawal via Neteller whenever you feel like it.

As usual, you will need to open the payments section of the online broker but this time, you will need to pick the withdraw option. Enter the amount you would like to cash out and select Neteller from the available payment options. This will enable you to withdraw your funds to your e-wallet.

Once you have chosen Neteller for your withdrawal, you will be redirected to another page which will ask you to provide the credentials you typically use to log in to your Neteller account. All that is left is to verify the transaction and your withdrawal request will be ready for approval. When you decide to withdraw from your Forex account via Neteller, your money will be transferred in about 1 to 2 business days.

Benefits of Using Neteller for Forex Trading

There are plenty of advantages that you will enjoy as a Forex trader if you resort to using Neteller for your trading funds. You can definitely benefit a lot if you decide to fund your Forex account via Neteller or cash out your money via the same service.

The striking simplicity of the method is one of the many reasons why you rely on Neteller for your Forex trading. You will be able to easily fund your trading account or request a withdrawal, any time you want to do so. Creating a Neteller account is also extremely easy and you can choose from various methods to upload money to your digital wallet.

Another strong point of the service is its speed as it will allow traders to embark on Forex trading any time they are ready to do so. When you deposit to your Forex account via Neteller, your fund will instantly appear in your balance. What is more, if you decide to initiate a withdrawal via the same digital wallet, you will receive your money in a rather short period.

The majority of Forex brokers will not impose any fees if you decide to deposit or withdraw via Neteller. This makes the payment solution a rather budget-friendly option when you decide to fund your trading account or withdraw your money.

Payments via Neteller are extremely safe which is yet another great reason to opt for using the e-wallet for your trading with Forex. As the company utilizes the latest security technologies, you can be sure that your funds are always properly protected and you can enjoy safe payments online. What is more, when you are using Neteller as a payment method at a Forex broker, you will not be asked to provide any type of sensitive information in order to complete a transaction. This only further proves the safety of the service which you can enjoy.

Disadvantage of Using Neteller for Forex Trading

Although there are plenty of advantages of utilizing Neteller as a payment method for funding your Forex account, there are also some disadvantages that you might want to take into consideration when trading Forex.

Although many Forex brokers will not charge you a fee for using Neteller as a deposit or withdrawal option, this e-wallet has pretty steep fees when it comes to uploading funds to your Neteller account. The deposit fees of this digital wallet vary somewhere between 1% and 7%, depending on the payment solution you are using. You should also keep in mind that some Forex brokers will charge you a fee for withdrawing via Neteller if you have not traded at all prior to the withdrawal.

While you can choose from quite a few deposit options for your Neteller wallet, the list of withdrawal options is restricted to just a few payment options which can be a tad inconvenient. Meanwhile, other options provide more withdrawal methods when you wish to enjoy your money.

Although Neteller is a pretty popular payment method, it is still restricted in some countries. This means that not all Forex traders will have the ability to use Neteller for their deposits and withdrawals at Forex brokers.

Fees and Limits When Using Neteller to Trade Forex

One of the good things about using Neteller for your deposits at Forex brokers is that rarely will you be charged any fees for that. In most cases, you can also withdraw your money from your Forex account via Neteller and not pay any fee for that. Keep in mind, however, that some Forex brokers may impose a surcharge for your withdrawals via Neteller if you have not done any trading with your funds.

The minimum for Neteller deposits really depends on the Forex broker you have decided to trade at. Despite that, generally speaking, the minimum amount you will be required to deposit at most Forex brokers is somewhere around €100. Keep in mind, however, that the minimum deposit can be even higher at some Forex brokers.

You can choose from various deposit options when you wish to upload funds to your Neteller wallet. Whichever method you set your mind on using, the fee that you will be charged for the deposit will be 2.5%. When it comes to withdrawing money from your Neteller account, you will be able to choose from several options and each one of them will levy a different fee.

If you decide to cash out your Neteller funds via a bank transfer, that will cost you a fee of $10, while wire transfers will incur a surcharge of $12.75. Money transfers via the digital wallet will impose a fee of 1.45% and the minimum you might be charged is $0.50. Meanwhile, if you decide to cash out your money via a Net+ Prepaid Mastercard, you may be charged a fee that ranges between 0% and 1.75%.

Neteller Chargeback on a Forex Account

If you have decided to embark on Forex trading, keep in mind that it is very important to find the right online broker to do so. While there are many factors that determine which choice is the right one, the safety of your money is one of the most important ones. Make sure that the Forex broker is properly regulated and licensed as this will help you tremendously if you happen to need your money back.

Trading Forex is definitely a risky endeavor and we cannot deny that there are some racket brokers that will try to take advantage of your money. If your account has been emptied without you having requested withdrawal or if you have not received your money from the Forex broker, requesting a chargeback is your best chance to get your funds back.

If you are trading at a properly regulated broker, you can simply contact the regulatory body and send them your transaction history. After that, the regulator will take matters in their hands and you can receive your money back.

Keep in mind that although using Neteller for your Forex trading can be very safe, you can hardly receive a chargeback, unless the loss of your money was the company’s mistake. Unfortunately, you will have to deal with the merchant, aka the broker, when you wish to request a chargeback.

Security When Trading Forex with Neteller

When you are comparing different payment methods for your Forex trading, you will notice that Neteller offers plenty of advantages. Security for your transactions is definitely one of them and many traders choose the e-wallet particularly for the safety levels it ensures.

Whether you initiate a deposit or a withdrawal at a Forex broker, when you use Neteller, you will not be asked to provide any type of sensitive information. Having to simply log in to your Neteller account to authorize a payment, adds another layer of protection to your personal information and money. Since the broker you have chosen for your Forex trading will not have access to any sensitive data, you can have peace of mind when you are handling your deposits and withdrawals at online brokers.

In addition to that feature, Neteller is also making sure that when you are uploading funds to your e-wallet or withdrawing money, none of your important information will be exposed to third parties with malicious intentions. As the data you share is always encrypted, no one will be gaining access to any sensitive information you might be providing during Neteller transactions. This is yet another reason why this digital wallet is considered one of the safest ways to fund your Forex account or withdraw your trading funds.

Conclusion

If you opt for payments via Neteller when you are trading Forex, you can expect fast, secure and easy transactions. Numerous trustworthy Forex brokers accept both deposits and withdrawals via Neteller, which gives the e-wallet users the freedom to enjoy hassle-free Forex trading. In most cases, you will not be charged a fee for using Neteller for your payments at a Forex broker which adds inexpensive payments to the other positive features of the e-wallet.