Neteller Brokers 2022 - Which Brokers Accept Neteller?

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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Found 46 Brokers
FXCC is a trustworthy trading broker regulated by the CySEC. The brokerage offers ECN trade executions, leverage up to 1:500 and $0 commissions.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
Yes
Eightcap is a multi-regulated FX & CFD broker offering the MT4 & MT5 platforms. Award winning platform, zero commission, free education and low spreads.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
£/€/$100
Min. Trade
0.01 lots
Crypto
No
Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.
Demo Account
Yes
Regulated By
ASIC, CySec, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Crypto
Yes
LegacyFX is a multi-asset broker offering an MT5 download & free signals.
Demo Account
Yes
Regulated By
CySEC, FCA, VFSC, NBRB
MT4 Integration
No
Min. Deposit
$500
Min. Trade
0.01 lots
Crypto
Yes
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
Demo Account
Yes
Regulated By
CySec, FSA
MT4 Integration
Yes
Min. Deposit
100 £/€/$ or 1000 NOK, SEK
Min. Trade
0.01 Lots or 1 Share
Crypto
Yes
Quotex offers a proprietary web platform that offers digital options and copy trading.
Demo Account
Yes
Regulated By
IFMRRC
MT4 Integration
No
Min. Deposit
$10
Min. Trade
$1
Crypto
Yes
RoboForex is a multi-asset online broker offering powerful trading aides.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Crypto
Yes
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads plus online CFD trading.
Demo Account
Yes
Regulated By
FSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 Lots
Crypto
Yes
NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
$1
Crypto
Yes
Finq.com offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses.
Demo Account
Yes
Regulated By
FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.
Demo Account
Yes
Regulated By
CySec, ESMA, FCA and FSC of the Republic of Mauritius
MT4 Integration
Yes
Min. Deposit
From $50
Min. Trade
0.01 lots
Crypto
No
GO Markets is an ASIC-regulated FX & CFD broker.
Demo Account
Yes
Regulated By
ASIC, CySEC, FSC of Mauritius
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Crypto
Yes
ThinkMarkets is a multi-regulated forex and CFD broker
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
Yes
Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, FSCA, FSC, ESMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
No
IronFX offers online trading in forex, stocks, futures and commodities
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
No
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
Demo Account
Yes
Regulated By
CySec, DFSA, FCA, SCB, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 Lots
Crypto
Yes
Dukascopy is a Swiss-based forex, CFD, and binary options broker
Demo Account
Yes
Regulated By
FINMA, FCMC, JFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$1
Crypto
Yes
TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Demo Account
Yes
Regulated By
ASIC, FMA, VFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Anzo Capital is a competitive global forex and CFD broker with ECN and STP accounts, both offering MT4 access and a wide range of assets.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
No
Kucoin is a global crypto exchange offering spot and margin trading alongside lending services and trading bots.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.0001
Crypto
Yes
AdroFX is a regulated, global broker offering forex, CFD and crypto trading with MT4 access and attractive welcome bonuses.
Demo Account
Yes
Regulated By
FSA, BSSLA
MT4 Integration
Yes
Min. Deposit
$25
Min. Trade
0.01 lot
Crypto
Yes
RoboMarkets is an award-winning broker offering flexible margin trading.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$/£/€100
Min. Trade
0.01 lots
Crypto
No
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
Demo Account
No
Regulated By
MT4 Integration
No
Min. Deposit
From 0.005 BTC
Min. Trade
10 USD
Crypto
Yes
Global Prime is a multi-regulated trading broker offering 100+ markets.
Demo Account
Yes
Regulated By
ASIC, VFSC, FSA
MT4 Integration
Yes
Min. Deposit
AUD $200
Min. Trade
0.01 lots
Crypto
Yes
Trade.com offers thousands of tradable assets on desktop and mobile platforms.
Demo Account
Yes
Regulated By
FCA, CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms. Over 93.60% of orders are executed at the requested price.
Demo Account
Yes
Regulated By
FCA, SCB
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Crypto
Yes
BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FMA, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Crypto
No
LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Crypto
Yes
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Demo Account
Yes
Regulated By
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
Yes
Speculate on traditional and emerging financial markets via MT4, MT5 and cTrader. FXPrimus is multi-regulated and offers leverage up to 1:1000 alongside monthly promotions.
Demo Account
Yes
Regulated By
CYSEC, MIFID, ICF, FCA, BaFin, VFSC
MT4 Integration
Yes
Min. Deposit
$15
Min. Trade
0.01 lots
Crypto
Yes
Fortrade is a multi-asset broker offering a simple live account with advanced tools.
Demo Account
Yes
Regulated By
FCA, ASIC, CySEC, NBRB, IIROC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
FP Markets is a multi-asset broker offering a choice of trading platforms.
Demo Account
Yes
Regulated By
ASIC, CySEC, ESMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, JSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
Spectre.ai is a blockchain-based binary options broker
Demo Account
Yes
Regulated By
St. Vincent and the Grenadines
MT4 Integration
No
Min. Deposit
$0
Min. Trade
$1
Crypto
Yes
Trade on the financial markets with low cost, leveraged products at HYCM.
Demo Account
Yes
Regulated By
FCA, DFSA, CIMA, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Crypto
Yes
FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms.
Demo Account
Yes
Regulated By
FCA, ASIC
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Crypto
Yes
Infinox is a UK-based broker offering MT4 trading with tight spreads.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£1
Min. Trade
0.01 lots
Crypto
No
Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.
Demo Account
Yes
Regulated By
FCA, ASIC, FSC, FMA, FSA, CGSE, VSFC, JSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Crypto
Yes
LiteForex Europe is an FX and CFD broker offering sophisticated trading tools.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Crypto
No
Videforex accepts deposits in a range of cryptos and fiat currencies. Payouts reach 95% per trade.
Demo Account
Yes
Regulated By
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$1
Crypto
Yes
Fondex is an award-winning forex and CFD broker with industry low trading costs.
Demo Account
Yes
Regulated By
FSA, CySEC
MT4 Integration
No
Min. Deposit
$0
Min. Trade
0.01 lots
Crypto
No
Deposit and trade with a Bitcoin funded account. BinaryCent offers binary options, FX and CFD trading. 1:100 leverage is also available.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
No
Min. Deposit
$250
Min. Trade
$.10
Crypto
Yes
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Demo Account
Yes
Regulated By
FCA, CySEC
MT4 Integration
No
Min. Deposit
$200 ($50 in US, $10 in UK)
Min. Trade
$1
Crypto
Yes
Just2Trade offer high tech trading on stocks and options with some of the lowest prices in the industry.
Demo Account
Yes
Regulated By
CySEC, NFA, FINRA, Bank of Russia
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01
Crypto
Yes

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 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.