Perfect Money Brokers 2021 - Which Brokers Accept Perfect Money?

Perfect Money is an online trading payment solution offering fund storage via several deposit methods, including wire transfer, e-vouchers and credit cards. The system also offers accounts in several currencies, including Bitcoin, as well as a loan service.

Our review of Perfect Money will explain how it works, plus how it compares to other trader payment methods such as PayPal. We’ll also cover how to get a Perfect Money account, plus other key features, including fees, security and supported countries.

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Perfect Money Overview

Established since 2007, Perfect Money Finance Corp has a good history of providing money services to traders and merchants. The company has its registered office in Panama but has operational headquarters in Zurich and Hong Kong.

Perfect Money aims to provide specialist 24/7 customer support as well as fast transactions and multi-level security. A Perfect Money account comes with several features where users can transfer funds between themselves, make direct payments to vendors and create e-vouchers or prepaid cards. The system also offers a built-in Bitcoin wallet, a currency changer service and a mobile app.

Perfect Money brokers

Pros Of Trading With Perfect Money

Mobile App Review 2021

Perfect Money offers a mobile app which supports full account management and transfers, meaning traders can quickly deposit into their trading account whilst on the move. If you are an Android (APK) or iOS device owner, the official app download is available from Google Play or App Store.

Range Of Funding Methods

Perfect Money accepts deposits and withdrawals via bank wire transfer, Bitcoin, credit and debit cards including Visa and Mastercard, as well as e-vouchers and prepaid cards. Some useful guides on how to fund a Perfect Money account are available on the website.


As well as a Dollar and Euro account, traders can also buy and sell Bitcoin or Gold in the BTC and Troy Ounce (Gold) accounts. You can also sign up with multiple accounts, which may suit traders who want to store funds in various currencies. Accounts are free to set up.

Widely Available

You can find the Perfect Money logo at numerous global brands. Supported forex brokers include XM, FXTM and OctaFX. You can also transfer funds to Skrill, PayPal, Neteller, or Webmoney, and other online payment systems. It could be worth considering Perfect Money brokers that offer a sign up bonus as an added incentive.

Additional Features

Traders can utilise the online voucher system, as well as over 200 Exchangers (certified partners of Perfect Money, which give you the market exchange rate when making transfers). You can also access currency exchange quotes and news on the account home page, as well as a loan service via Credit Exchange, which is detailed on the website.

Cons Of Trading With Perfect Money

No Card Storage

Perfect Money acts as a money wallet but does not offer debit or credit card storage like other e-wallet systems. This may be inconvenient for traders who prefer more choice when depositing to their trading accounts.

Registration & Verification

After you create an account, you only get access to the full set of functions once the verification procedure is complete. This includes providing personal information such as address and zip code, uploading ID documents and confirming a mobile phone number, which will link to your account. This may be too time-consuming for traders who want a fast deposit solution.

Not Available To US Customers

Due to local laws and regulations, Perfect Money does not accept US citizens and permanent residents of the United States.


Perfect Money does not process deposits into your account directly. Instead, users must choose a primary and secondary Certified Exchange Service provider which will process the payment for you. As a result, processing times at this stage may vary depending on the provider.

However, once your account is loaded with funds, the process of depositing into your trading account is usually instant. You may need to check any additional processing times at your broker.


Perfect Money employs numerous security procedures, both when you sign in and within the account, to keep customer funds safe. Traders who register will need to go through the identity check and KYC approval procedure.

The company also uses SMS authentication to prevent unauthorised access to your account and user ID, as well as CodeCard Protection, which sends a unique code to your email address to confirm transactions. There’s also anti-fraud screening procedures to protect against scams.

In the case of password recovery, Perfect Money will ask for your account ID and a copy of an identity document to confirm a password reset. Make sure not to share your member ID, account number or password with anyone.

To ensure you are visiting the official website on a secure connection, always look out for the green status bar or locked padlock symbol in your browser’s address link bar.

Deposits & Withdrawals

To make a deposit or withdrawal using Perfect Money, you must first load your Perfect Money account using one of the available methods. You can find instructions on how to deposit and how to withdraw on the website, or by watching the YouTube tutorial.

Note that the minimum deposit amount is 300 USD (or equivalent in another currency) for a bank wire deposit. The minimum withdrawal limit is set by the Certified Exchange Service providers. Make sure to check any funding limits applied by your broker.

Once you have sufficient funds in your PM account, you can then make payments to and from your trading account. After setting up your payment, your broker will redirect you to the Perfect Money payment gateway, where you can enter your account login details and verify the payment. You will then get an on-screen memo to confirm the payment.


Perfect Money does charge some fees when transferring funds to, from, and within the account, including a 0.5% bank wire deposit fee. Internal transfer fees are 0.5% and 1.99% for verified or unverified account limits, respectively. Currency conversions are charged at the market price and you can find details of the current Euro, Bitcoin, Gold or Dollar rate today in your account.

The withdrawal fee for bank wire starts from 2.85% plus the account holders bank fee, and 0.5% for instant Bitcoin withdrawal. Note that there is a 4% per year interest rate applied to all accounts.

You may also need to check for any charges on your broker’s side, though deposits are often free. Withdrawal fees at popular brands such as RoboForex, FXChoice and FIBO Group are 0.5%.

Is Perfect Money A Good Choice For Traders?

Perfect Money offers accounts in Dollars, Euros, Bitcoin or gold, as well as secure money transfers via global Certified Exchangers. The mobile app for iOS and Android users is also ideal for traders who wish to make a deposit or withdrawal whilst on the move.

There are some fees to be aware of, however, on top of any charges applied by your forex broker. There is also no card storage, which may be limiting for traders who prefer the versatility of other e-wallet solutions such as PayPal.


How does a Perfect Money payment work?

Perfect Money allows you to safely store funds and make transfers using Certified Exchanger services. Currencies can be exchanged at market rate and online payments can be made without filling out payment forms or entering credit card details.

How do I transfer from Perfect Money to another payment system?

Depending on your country of origin, you will need to select an appropriate Exchanger to process a transfer to another payment method from within your account. If you wanted to transfer money to Yandex, for example, Perfect Money may recommend Nix Exchange for bank accounts in Russia and other CIS countries.

What is a prepaid card / e-voucher? 

A prepaid or virtual card (voucher) is another way of transferring funds to your Perfect Money account. Funds can be transferred conveniently via email or SMS, to another PM account or even a non-PM account. You can also exchange the voucher to any other e-currency or cash. You can buy a voucher from the e-voucher generator within your account.

Is Perfect Money legit?

Yes, Perfect Money Finance Corp is a legitimate company based in Hong Kong and registered under Startup Research & Investments Ltd. The company was established in 2007 and is trusted by many reputable global brands.

What do I do if Perfect Money keeps logging me out?

The Perfect Money customer care team can help if you forgot a password, if an account feature is not working, or if you encounter any login problems. Note that the company uses a secure ticket system, rather than a helpline or live chat support. It’s also worth checking out the FAQ section, which covers a range of issues.

What are the supported countries at Perfect Money? 

Perfect Money accepts customers from most global locations, including the UK, Canada, Cyprus, Kosovo, Jordan, Qatar, India, Bangladesh, Pakistan, Malaysia, Japan, Cambodia, Kenya, Zimbabwe and many more. Note that US clients are not accepted.

How do I create a Perfect Money account in Ghana? 

To sign up, head to the Perfect Money website and complete the registration form. You will need to enter your personal details and select ‘Ghana’ in the country drop-down menu. You will then need to select the Personal or Business account type and create a password.

How do I create a Perfect Money account in Nigeria? 

To open an account in Nigeria, fill in the registration form on the website with your personal details and select ‘Nigeria’ from the drop-down menu when adding your address. You can then set your password and follow the on-screen instructions to complete the process.