Best Neteller Brokers 2025
Neteller is a secure, global e-wallet and money transfer solution. It offers payment services to individuals, merchants and traders. In this review we focus on trading with Neteller, specifically how to open an account, make deposits and withdrawals, any fees and common FAQs. We also list the best brokers that accept Neteller deposits.
Neteller Brokers
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.
Instruments Regulator Platforms CFDs, Forex, Indices, Commodities, Crypto CySEC MT4, MT5 Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) -
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
IC Trading belongs to the reputable IC Markets group. Designed for dedicated traders, it offers highly competitive spreads, dependable order execution, and sophisticated trading tools. However, it operates from Mauritius, an offshore financial centre, allowing high leverage but within a less regulated environment.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:500 -
Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30 -
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms.
Instruments Regulator Platforms Forex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 -
Fusion Markets, an online broker since 2017, operates under the regulation of ASIC, VFSC, and FSA. Renowned for offering cost-effective forex and CFD trading, it provides various account options and copy trading solutions to suit diverse trading needs. New clients can begin trading with a simple three-step registration process.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto ASIC, VFSC, FSA MT4, MT5, cTrader, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
eToro is a leading multi-asset platform, providing trading services in a vast array of CFDs, equities, and cryptocurrencies. Since its establishment in 2007, eToro has attracted millions of traders worldwide and holds licences from top regulators like the FCA and CySEC. Its social trading platform is especially favoured. Investing in cryptoassets is highly volatile and unregulated in the UK and certain EU nations, with no consumer protection. Tax obligations on profits may apply. 51% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30
What Is Neteller?
Neteller is a safe payment solution used by individuals and businesses across the globe. It is one of the world’s largest payment businesses and facilitates online trading at many leading UK brokers.
Neteller was established in 1999 and is a subsidiary of PaySafe Group PLC. The money transfer service is licensed with the UK Financial Conduct Authority (FCA). Neteller yearly transaction volumes now exceed $1 billion across 23 million live accounts. Its list of merchants is constantly growing and today can be found in 200+ countries.
Many top forex brokers such as FBS and ICM accept Neteller deposits and withdrawals.
Neteller Fees
Deposits
Account registration and sign-up is free. However, you can expect a 2.5% flat charge when making deposits into your Neteller account, though fees are waived when depositing over $20,000.
Fees and limits for broker deposits via Neteller vary. For example, XM and FXTM do not charge for Neteller deposits, however, XTB traders incur a 1% charge.
Withdrawals
Neteller offers simple and secure options to withdraw, including via bank transfer or to Skrill wallets. Fees vary by option. Bank withdrawal fees typically range from $5 to $10. Withdrawal to a Skrill account was subject to a 2.5% charge, though following news announcements, this was increased to 3.49% in February 2021. The Net+ Prepaid Mastercard withdrawal charge ranges from 0 to 1.75%.
Neteller VIP
The Neteller VIP programme offers reduced fees. Specific benefits are subject to VIP level status but include withdrawal and deposit fee reductions, lower FX rates on currency conversion transactions, plus free money transfers.
Neteller Prepaid Mastercard
Online payments with the Neteller Prepaid Mastercard card are free. Withdrawal fees are charged at 1.75% and a 3.99% foreign exchange rate applies. Other charges include a $10 annual registration fee. Withdrawal and spending limits also apply including 10 withdrawals per day up to a maximum of $900.
Other Fees
- Money transfer – Instant money transfer services via Neteller are subject to a 1.45% fee. Neteller to Neteller transfers are free for VIP members.
- Cryptocurrency – Neteller charges a fee for buying and selling cryptos such as Bitcoin and XRP based on transaction value. Transactions above $100 are subject to a 1.50% fee.
- Administration fees – $5 per month inactivity charge after 12 months, $25 chargeback fee, up to $25 fee for reversals.
Neteller Speed
Neteller is a fast and secure payment method ideal for live trading accounts. Instant deposit processing across e-wallet payment methods such as Neteller is available at many brokers including XM and eToro. Most brokers also offer instant withdrawals after processing, generally completing within 1 business day, standard at FP Markets and XTB, for example.
Security
Whether you are transferring money from Neteller to PayPal, a bank account, paying for online shopping, or depositing into your trading platform, security is front of mind. The e-wallet service complies with industry-standard encryption. Also, the company holds an FCA license – a reputable authority in the financial markets.
Identity verification is required for all new accounts opened with Neteller. This involves providing personal ID and proof of residency such as a phone bill or credit card statement with a registered address and zip code.
In addition to encryption protocols and anti-fraud tools, Neteller uses two-step login authentication. A secure QR code is applied at the registration stage.
Online brokers can also integrate Neteller API protocols such as Mastercard 3D secure to protect investors against fraud and scams.
Note, traders can reset passwords via automated emails, though security questions may need to be answered.
How To Make Neteller Deposits & Withdrawals
You will first need to create a Neteller account. Once complete, log in to the account section on your broker’s website. Find the Neteller logo in the deposit options, enter the amount, mindful of minimum deposit requirements by broker. Then select confirm and the funds will be transferred.
Many brokers support account deposits from Neteller through desktop websites and mobile platform apps 24/7.
For withdrawals, head to your account area and follow your broker’s on-screen instructions. Note fees, limits and processing times vary between brokerages.
Pros Of Trading With Neteller
- Speed – Neteller offers a fast and secure solution for funding live trading accounts. It’s also an established and reputable payment method used globally.
- Customer support – Neteller offers 24/7 customer service in many countries, this includes live chat, email support, and phone. There is also a comprehensive FAQ page on the website covering topics such as transaction failed advice, assistance when services are down or not working and exchange rate fees.
- Mobile app – The Neteller e-wallet online banking app is free to download and compatible with iOS and Android devices. View transaction history, send or receive instant bank transfers, or deposit into your trading account while on the go.
- VIP programme – Traders can access lower FX fees, flexible transaction limits, multiple currency accounts, and additional customer support.
Cons Of Trading With Neteller
- Availability – Although established in more than 200 countries, Neteller does have a list of restricted countries. This includes the United States of America.
- Conversion fees – Standard Neteller account holders incur exchange rate fees of 3.99%. This is relatively high compared to Revolut, for example, which offers no forex fees on major currencies such as USD and EUR.
- Withdrawals – Withdrawal options are limited, with 6 methods available vs the 41 deposit options highlighted on the website. Maximum withdrawal limits may also hinder high-volume traders. For established investors, therefore, it could be worth applying for the Neteller VIP account.
Final Word On Trading With Neteller
Neteller offers a secure, fast and simple payment method for traders. Many global brokers are on the merchant list with low fees and instant processing. Investors should feel assured by the FCA regulation, high-security verification protocols and customer support.
Of course, always check any fees, payment limits and processing times at your online broker before depositing as these do vary between providers. It’s also worth keeping an eye out for joining bonuses and vouchers when using the payment method. Overall though, Neteller remains one of the best e-wallet solutions on the market.
FAQs
Is Neteller Safe And How Does It Work?
Neteller is a secure, e-wallet and money transfer method for both individuals and businesses. You can transfer money to a Neteller account via multiple deposit options. Two-step authentication and encryptions at the login stage help to ensure Neteller is safe for traders.
Does Neteller Have A UK Contact Phone Number?
Yes, the Neteller head office helpline number is +442033089525, accessible Monday to Friday 8 am to 5 pm GMT.
What Are The Fees For Using Neteller?
A 2.5% flat rate is applied to Neteller deposits. A 3.99% currency conversion rate applies along with account inactivity charges following 12 months. Note your online broker may also have their own fees, though these are often waived at the deposit stage.
I Forgot My Neteller Secure ID, How Can I Recover This?
Your Neteller secure ID can be reset in the security section of your account. If you cannot access your account, contact Neteller via their customer support for verification.
Is Skrill Better Than Neteller?
Skrill and Neteller provide a secure and safe global e-wallet payment solution. Neteller does provide more deposit options but is subject to higher charges vs Skrill.