Best Neteller Forex Brokers 2023
For this list, we have found and tested several neteller forex brokers.
To select the best neteller forex brokers we opened real accounts with each broker with deposits between $4,000 and $8,000, then placed real trades in each popular market to get the full picture. We also contacted the customer support team to evaluate the services they provide.
We picked out the best neteller forex brokers based on our trading data and experience as a trader.
What is Neteller?
Neteller is a third-party electronic payment provider that allows clients to instantly transfer money with no limitations.
Neteller was founded in 1999, in Canada, and then moved to the Isle of Man in 2004. Neteller is a part of Paysafe Groups that operates other companies like Skrill, Paysafecard, and Ukash. The company offers its services across 200 countries and is available in 15 languages.
Neteller is very popular among gamblers and forex traders; it offers excellent business solutions across different industries. This online wallet is accepted almost by every forex broker and has some additional features such as ATM withdrawals, and prepaid cards.
For more information visit the Neteller website or read the Wikipedia article.
Forex Brokers that Accept Neteller
Many forex brokers accept payment with Neteller since it’s one of the most popular e-wallets. The payment with Neteller is fast, safe, and secure.
To come up with this list, we have reviewed and tested several Neteller forex brokers and picked the best of them. We have opened live accounts with deposited money and placed real trades to compare each broker’s offerings.
- eToro – Best Overall Forex Broker with Neteller Deposit
- XM – Best Broker that allows Neteller for Beginners
- Admiral Markets – Best Broker with Neteller Forex Low Minimum Deposit
- Vantage FX – Best Neteller Broker with MT4 Platform
Best Overall Forex Broker with Neteller Deposit
We chose eToro as the best overall Neteller forex broker.
Founded in 2007, eToro is a well-known forex and CFD broker with its headquarters in Israel. eToro holds 5 licenses from top-tier regulators like UK’s FCA, CySEC, ASIC, and FinCEN. Its market offering includes a vast range of instruments to trade with forex, indices, commodities, stocks, exchange-traded funds (ETFs), and cryptocurrencies. It is one of the few brokers allowing copy trading where traders can copy experienced traders’ investing strategies.
eToro’s offerings are quite favorable; the broker has excellent trading conditions with a range of trading strategies making it the best overall broker accepting Neteller. eToro is developing its own trading school for beginners with in-depth educational materials.
Best Broker that allow Neteller for Beginners
We picked out Admiral Markets as the best Neteller forex broker for beginners.
Admiral Markets is an Estonian FX and CFD broker founded in 2001. The broker is licensed by 4 global regulators including FCA, ASIC CySEC, and FSA. The broker allows trading with forex pairs, indices, stocks, commodities, and cryptocurrencies. Admiral Markets is known to have the lowest spreads across all markets; according to our tests, the average spread on the EUR/USD pair is only 0.6 pips, much lower than the industry average of 1.6 pips.
Admiral Markets offers an excellent educational course called Forex 101 consisting of 9 in-depth lessons and allows traders to go deep into the financial industry.
Best Broker with Neteller Forex Low Minimum Deposit
We chose XM as the best Neteller forex broker with a low minimum deposit.
XM is a global forex and CFD broker founded in 2009, in Cyprus. It holds several licenses from world-class regulators and is publicly traded. It is a subsidiary company of Trading Point Holdings. The broker offers over 1000 tradeable instruments in forex pairs, indices, stocks, and commodities. The broker also offers a wide range of educational materials for new traders.
XM accepts the lowest minimum deposit worth $5 via Neteller with zero transaction fees.
Best Neteller Broker with MT4 Platform
We picked Vantage FX as the best Neteller forex broker offering the MT4 platform.
Founded in 2009 in Sydney, Vantage FX is a global forex and CFD broker known for offering ECN pricing. The broker holds licenses from top-tier regulators in the UK and Australia. It offers a wide array of tradable instruments in forex, commodities, indices, stocks, and cryptos.
Vantage FX offers excellent trading conditions on the MT4 platform with outstanding market research and analysis tools.
List of Forex Brokers that Accept Neteller
Here is a full list of forex brokers accepting the Neteller payment method:
Forex Broker | Test Details | Broker Review |
AvaTrade | Deposit Amount: Over €4,000 Total Trade: 21 trades | AvaTrade Review |
eToro | Deposit Amount: Over $6,000 Total Trade: 18 trades | eToro Review |
FxPro | Deposit Amount: Over €5,000 Total Trade: 15 trades | FxPro Review |
XM | Deposit Amount: Over €5,000 Total Trade: 12 trades | XM Review |
FXTM | Deposit Amount: Over €6,000 Total Trade: 12 trades | FXTM Review |
Tickmill | Deposit Amount: Over $8,000 Total Trade: 12 trades | Tickmill Review |
Pepperstone | Deposit Amount: Over €6,000 Total Trade: 12 trades | Pepperstone Review |
Fortrade | Deposit Amount: Over €5,000 Total Trade: 12 trades | Fortrade Review |
IC Markets | Deposit Amount: Over €5,000 Total Trade: 12 trades | IC Markets Review |
Vantage FX | Deposit Amount: Over €5,000 Total Trade: 15 trades | Vantage FX Review |
Admiral Markets | Deposit Amount: Over €4,000 Total Trade: 12 trades | Admiral Markets Review |
XTB | Deposit Amount: Over €5,000 Total Trade: 12 trades | XTB Review |
AxiTrader | Deposit Amount: Over €6,000 Total Trade: 12 trades | Axi Review |
Go Markets | Deposit Amount: Over €4,000 Total Trade: 12 trades | Go Markets Review |
GKFX | Deposit Amount: Over €5,000 Total Trade: 15 trades | GKFX Review |
ThinkMarkets | Deposit Amount: Over €5,000 Total Trade: 15 trades | ThinkMarkets Review |
INFINOX | Deposit Amount: Over €4,000 Total Trade: 9 trades | INFINOX Review |
FP Markets | Deposit Amount: Over €6,000 Total Trade: 12 trades | FP Markets Review |
FAQ and More on Forex Brokers with Neteller as Payment method
In this article, we covered frequent generic trading-related queries faced by traders.
Forex Brokers that Accept Neteller from US Clients
There are no Neteller forex brokers for the USA at this point since Neteller doesn’t provide its services to the US.
Can I Withdraw with Neteller from Forex Broker?
Many forex brokers supporting Neteller for deposits will also allow withdrawing funds from trader’s forex accounts. The withdrawal process with Neteller is as simple as that. First, you need to proceed to the payment section, pick the withdrawal option, enter the amount you would like to cash out, and select Neteller as the payment option. This will enable you to transfer money to your e-wallet account.
After the transaction verification, the money will be transferred within 1-5 business days.
Forex brokers that accept Neteller as a deposit method also allow clients to withdraw funds. However, there might be some limitations depending on the individual broker and their policies regarding withdrawals from deposits made with this payment processor.
Author of this review
By George Rossi
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.
Now I am passionate about reviewing and comparing forex brokers.
Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology