Best Neteller Brokers 2023

Neteller is one of the most widely integrated e-wallet solutions available today. Popular amongst consumers, traders and businesses alike, funds can be withdrawn directly to the Net+ card or transferred into a bank account.

In this review, we look at what Neteller can offer traders. From transfer fees to account set up, deposit and withdrawal options, we explore why it is one of the most popular payment methods, supported by many of the best online brokerages around the world.

Use our list of brokers that accept Neteller deposits in 2023 to get started today.

Neteller Brokers

These are the 10 best brokers that accept Neteller deposits and withdrawals:

#1 - boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of day trading markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

" is an excellent broker for active forex traders with over 80 currency pairs, tight spreads, low commissions and powerful charting platforms for day traders. "

- DayTrading Review Team
  • Instruments: Forex, Spot Metals
  • Regulator: NFA, CFTC
  • Platforms: MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
  • Min. Deposit: $100
  • Min. Trade: 0.01 Lots
  • Leverage: 1:50


  • Free demo account for prospective traders
  • Top-rated forex and CFD broker
  • Excellent trading tools including Trading Central, SMART Signals and MetaTrader 4


  • $15 monthly inactivity fee
  • No copy trading platform
  • Investment offering varies between countries

#2 - Pocket Option

Founded in 2017, Pocket Option is a binary options broker offering up/down contracts on forex, stocks and cryptocurrencies. With over 100,000 active users and a global reach, the brand has proven popular with budding traders. Pocket Option also supports dozens of payment methods and has a low minimum trade of just $1.

"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."

- DayTrading Review Team
  • Instruments: Binary Options, Currencies, Commodities, Stocks, Indices
  • Regulator: IFMRRC
  • Platforms: MT5
  • Min. Deposit: $50
  • Min. Trade: $1


  • Multiple strategies supported
  • Live signals
  • 50+ payment methods


  • The expiration time is limited on trades
  • No MT4 trading platform
  • Only one account type is available

#3 - Videforex

Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.

"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts are also higher than most alternatives climbing to 98%."

- DayTrading Review Team
  • Instruments: Binary Options, CFDs, Forex, Indices, Commodities, Crypto
  • Platforms: TradingView
  • Min. Deposit: $250
  • Min. Trade: $0.01
  • Leverage: 1:500


  • Withdrawals are usually processed within one hour
  • Earn up to 98% payouts on 100+ assets with the broker’s binary options
  • The support time are fast and reliable. Very few brokers offer 24/7 multi-lingual video support


  • No MetaTrader 4 integration
  • US clients aren’t accepted due to legal restrictions
  • The broker isn’t overseen by a trusted regulatory agency

#4 - CEX.IO

CEX.IO is one-stop-shop for crypto investors where you can buy and sell popular digital tokens, speculate on prices with margin trading and earn rewards through staking. Since it launched in 2013, more than five million traders have deposited over $7.5 billion. CEX.IO is registered with the FinCEN in the US and the GFSC in the EU.

"CEX.IO will serve a range of crypto investors looking to buy, sell, trade, hold and earn. The tiered pricing structure will appeal to active traders while rookie investors will enjoy the straightforward platform interface and excellent education."

- DayTrading Review Team
  • Instruments: Crypto
  • Regulator: GFSC
  • Platforms: TradingView
  • Min. Deposit: $20
  • Min. Trade: $1


  • Trusted crypto exchange with 5+ million users
  • High quality educational materials through the University
  • 200+ cryptocurrencies including Bitcoin


  • A maintenance fee applies after 12 months of no activity
  • No demo account
  • High deposit and withdrawal fees

#5 - Scope Markets

Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.

"Scope Markets will appeal to short-term traders seeking highly leveraged CFDs and spot investment products on the powerful MetaTrader 5 platform. The Scope Markets Group stands out for its range of trading tools and educational materials."

- DayTrading Review Team
  • Instruments: Forex, CFDs, Stocks, Commodities, Indices, Futures
  • Regulator: CMA, FSC, FSCA
  • Platforms: Scope Trader, MT4, MT5
  • Min. Deposit: $50
  • Min. Trade: 0.01 lots
  • Leverage: 1:2000


  • The broker offers multilingual, 24/5 customer support
  • Fees are fairly competitive, with spreads from 0.9 pips and zero commissions
  • There's a decent range of research and analysis resources including a market blog, forex calculators and an economic calendar


  • Average spreads are wider than some alternatives
  • Educational resources are very limited which is a shame for beginners

#6 - ForexChief

ForexChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.

"ForexChief will prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The large welcome bonus and low starting deposit will also appeal to new traders."

- DayTrading Review Team
  • Instruments: CFDs, Forex, Metals, Commodities, Stocks, Indices
  • Regulator: VFSC
  • Platforms: MT4, MT5
  • Min. Deposit: $10
  • Min. Trade: 0.01 Lots
  • Leverage: 1:1000


  • High leverage up to 1:1000 is available
  • Full range of investments including popular cryptos
  • A welcome deposit bonus is offered to new users


  • Weak regulatory oversight
  • Limited market research
  • Withdrawal fees on several payment methods

#7 - Axofa

Axofa is a forex and CFD broker registered in St Vincent and the Grenadines. The broker offers three account types with access to forex, commodities and indices. With ECN processing, low minimum deposits and no commissions, Axofa could be an attractive option, although the broker does not hold a reputable license.

"Axofa could be a good option for clients looking for social trading features alongside the MT5 platform, and are willing to trade with an offshore brand."

- DayTrading Review Team
  • Instruments: Forex, CFDs, Stocks, Indices, Commodities
  • Regulator: SVGFSA
  • Platforms: MT5
  • Min. Deposit: $1
  • Min. Trade: 0.01 Lots
  • Leverage: 1:1000


  • Access to high leverage up to 1:1000
  • MT5 integration
  • Proprietary mobile app


  • Limited verifiable information about the broker’s owners and background
  • Inconsistencies between international subsidiaries and website information
  • Lack of transparency around pricing

#8 - Binarium

Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.

"Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."

- DayTrading Review Team
  • Instruments: Forex, Stocks, Crypto
  • Platforms: Own
  • Min. Deposit: $5
  • Min. Trade: $1


  • Segregated client funds
  • Community forum platform
  • Promotions including 100% welcome bonus and trading tournaments


  • Limited information on broker’s website
  • Limited trading instruments
  • Unregulated

#9 - RaceOption

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

"RaceOption will appeal to traders new to binary options looking for copy trading, contests and 24/7 customer support. Experienced traders will also appreciate the account-based perks and bonuses."

- DayTrading Review Team
  • Instruments: Binary Options, CFDs
  • Platforms: TradingView
  • Min. Deposit: $250
  • Min. Trade: $0.01
  • Leverage: 1:500


  • Well-optimised proprietary mobile trading app with instant execution, full trading history and responsive live charts
  • High payouts on popular underlying assets up to 95%
  • Beginner-friendly copy trading opportunities in the broker's proprietary trading platform


  • Withdrawal thresholds apply
  • $250 minimum deposit is higher than other binary options brokers
  • No free demo account

#10 - BinaryCent

BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.

"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."

- DayTrading Review Team
  • Instruments: CFD, Forex, Stocks, Crypto, Options, Commodities
  • Regulator: VFSC
  • Platforms: Own
  • Min. Deposit: $250
  • Min. Trade: $0.01
  • Leverage: 1:500


  • Simple and straightforward proprietary platform for binary options trading
  • Copy trading and binary options bots are useful for beginner traders
  • Payouts up to 95% are higher than most competitors and increases profit potential


  • The $250 minimum deposit is higher than most binary options brokers
  • Not available to traders based in the US
  • Not overseen by any reputable regulator, raising risks and reducing customer protections

About Neteller

Neteller has been a pioneer in digital payment solutions since it was founded back in 1999. Today, it operates as part of the Paysafe Group which is regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

The platform facilitates secure, fast, and flexible payments to individuals and merchants. It is available in over 200 countries with 26 base account currencies and is widely integrated with leading online brokers. Neteller connects thousands of traders to global financial markets every day.

Which brokers accept Neteller deposits?

Deposits & Withdrawals

A Neteller account allows you to easily deposit and withdraw funds to a wide variety of merchants or brokers. It supports instant payments for both online transactions and money transfers. Funds appear in your account within seconds, ready for you to use when you like.

Withdrawals are also quick and simple. Clients can withdraw money directly to a bank account or access funds at ATMs around the world with the Net+ card.

Note, brokers may have their own processing timelines, but the top brands offer near-instant deposits and withdrawals within a couple of working days.


The security of client funds and personal data is a priority for the digital payment provider. The firm implements a number of security measures including military-grade encryption and regular backups. It also stores all client data in a secure facility which is held separately from any company funds or data processing operations.

Customers also have the option to activate the Two-Step Authentication feature to add an extra layer of protection against unauthorized entries into their Neteller account. In addition, the platform shares guidance on what customers can do to help protect themselves against security breaches and fraud.

Importantly, traders should also sign up with reputable brokers that implement the latest high-tech security measures, including two-factor authentication.


Neteller charges fees for online transfers. Rates vary according to the method used. A basic Neteller account will have the following fees:

Deposit options:

Neteller does not charge fees for account management, receiving money, or spending on a merchant site.

Withdrawal options:

Withdrawals to merchant sites do not typically carry a charge. They are, however, capped at $1,000 (daily) for standard users. This limit increases to $3,300 for VIP clients. ATM withdrawals also carry a charge of 1.75%, or $6 for premium account holders.

There is also a monthly inactivity fee of $5 after 12 months of account dormancy.  In addition, the platform charges several administration fees including transaction reversal, up to 25 USD.

Note, investing brokers may charge their own deposit and withdrawal fees. With that said, most trading platforms offer free Neteller payments.

Neteller vs PayPal

Neteller and PayPal are two of the biggest eWallets, each with their own strengths and weaknesses:

To summarize, PayPal is great for sending money using one currency within the same country. However, its fees for currency conversion and international payments are considerable.

Neteller also has the added benefit of allowing customers to easily utilize gambling and trading services, whilst PayPal is much stricter here. There are over 300 forex merchant companies that accept Neteller.

Brokers accepting Neteller deposits


There are a number of benefits to using Neteller to fund your trading account:


There are, however, some limitations worth considering:

Is Neteller A Good Choice For Traders?

If you are a regular trader looking for a quick, secure and flexible payment method, Neteller is worth considering. It is widely offered by brokers around the world, and the Net+ card offers even greater flexibility.

On the downside, the fees associated with the standard account are higher than other eWallets in the market, especially when comparing single currency transfers. However, it does perform more favorably when looking at multi-currency payments and international transfer rates. Premium account holders are also eligible for more competitive rates and promotional offers.

Overall, if you are looking to make regular multi-currency or international trading deposits, Neteller is a good option. For single currency domestic transfers, we would recommend exploring other options which are likely to offer more competitive rates.


Are There Any Neteller Bonuses?

Bonuses can be earned via the VIP program with various benefits like lower foreign exchange rates, increased withdrawal limits and a dedicated VIP chat service. The top trading brokers also offer bonuses and payment promos.

What Countries Can Use Neteller?

Neteller provides services to 202 countries. Please refer to their website for the full list. A long list of trading brokers also accept Neteller deposits and withdrawals in 2023.

Can I Trust Neteller?

Neteller is a secure platform and arguably one of the most trusted online payment systems in the world. Clients and traders should feel reassured by the robust security processes and technology in place. With that said, it is still important to sign up with a trustworthy and reliable trading platform.

How Long Does It Take To Withdraw Neteller Funds?

It can take up to 24 hours for Neteller withdrawals to be processed during busy periods but most withdrawals are processed instantly. Note, some online brokers have their own KYC checks which can delay fund withdrawals.

Is Neteller Better Than PayPal?

Neteller is not as widely accepted as its competitor PayPal. It does, however, offer cashback of up to 0.5% on deposits. It also offers VIP services, whilst PayPal has a single standard account. And most importantly for traders, Neteller is offered by a greater number of brokers. This is due to PayPal’s strict regulations around gambling and digital trading.


Are there any Neteller bonuses?

Bonuses can be earned via the VIP programme with various benefits like accounts in multiple currencies, a dedicated VIP chat service, lower foreign exchange fees, and so on.

What countries can use Neteller?

Neteller provides services to 202 countries. Please refer to their website for the extensive list.