Binary Options & Forex Trading Guide
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Neteller provide a popular e-wallet option for online transactions. They boast a reputation for security and low fees. Below is a list of brokers that accept this payment method.
This is worth keeping in mind if you do want to use an e-wallet to make your initial deposit. Neteller is an e-wallet system used for online payment processing. It can be found on thousands of websites the world over — including a significant number of binary options broker platforms. It enables you to transfer money to and from online merchants conveniently, quickly and securely. It currently has market coverage across over countries.
You are likely to come across the Neteller payment gateway options across many areas of the global online marketplace. Including entertainment especially online gambling and gaming sitesretail, dating, social networking and, of course, financial services.
Delays in processing payments and crediting your balance can result in missed trading opportunities. So when it comes to topping up your binary options broker account, the ability to do so instantly is crucial. Neteller facilitates instant fund deposits via local or international bank transfer, bank wire, credit and debit card deposits as well as instant local deposits such as IDEAL and Giropay. If you use more than one trading platform or if you have various online merchant accounts open, it certainly makes life easier if you can use the same payment processor with each account.
The fact that so many websites including a significant number of binary options platforms use Neteller reduces the chances of you having to juggle multiple e-wallets. Virtual and gift card options are also available. There is no fee for transferring funds from within Neteller — i. Commission fees can, however, apply to depositing and withdrawing cash from your balance.
Deposits made via local or international bank transfer are free. For withdrawals, a standard money transfer attracts a basic commission of 1. Various fees apply to other withdrawal options. For full details on current charging rates, refer to the Neteller fee overview. The VIP program includes various discounts on deposits and withdrawals, as well as various other benefits, including lower FX fees and more flexible transaction limits.
Customers have the reassurance of knowing that the company operates within the ambit of FCA e-money regulations. The rules also require the company to have adequate measures to reduce the risk of fraud and identity theft. If you intend to use Neteller for trading, you will need to open an account first of all.
Having selected Neteller from the various deposit options available, you will then be prompted to provide your Secure ID details. Having entered the amount you want to deposit, the funds should be credited to your broker account instantly.