Perfect Money Brokers 2025
Perfect Money is an online payment solution offering fund storage via several deposit methods, including wire transfers, e-vouchers and credit cards. The system also provides accounts in several currencies, including Bitcoin, as well as a loan service. This has made it popular with aspiring retail traders.
This review of Perfect Money will explain how it works, plus how it compares to other trading payment methods such as PayPal. We also cover how to open an account, key features, fees, security and supported countries. See our list of the best brokers that accept Perfect Money deposits in 2025 to start trading today.
Best Perfect Money Brokers
After evaluating dozens of platforms, our team consider these 6 the best brokers with Perfect Money:
Here is a summary of why we recommend these brokers in May 2025:
- UnitedPips - Operating since 2016 and based in Saint Lucia, UnitedPips is a non-dealing desk broker serving clients in over 137 countries. It specializes in CFD trading across around 80+ assets with high leverage up to 1:1000.
- Capitalcore - Capitalcore is an offshore broker, based in Saint Vincent and the Grenadines and established in 2019. Traders can choose from four accounts (Classic, Silver, Gold, VIP) with lower spreads and larger bonuses as you move through the tiers. Where Capitalcore distinguishes itself is its high leverage up to 1:2000 and zero swap fees, though these don’t compensate for the weak oversight from the IFSA and paltry education and research.
- CloseOption - CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.
- Videforex - Launched in 2017, 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.
- xChief - xChief 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.
- 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.
Compare The Best Perfect Money Brokers
| Broker | Minimum Deposit | Minimum Trade | Instruments | Platforms | Regulators |
|---|---|---|---|---|---|
| UnitedPips | $10 | 0.01 Lots | CFDs, Forex, Precious Metals, Crypto | UniTrader | IFSA |
| Capitalcore | $10 | 0.01 Lots | Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options | WebTrader, Pro | IFSA |
| CloseOption | $5 | $1 | Binary Options on Forex & Cryptos | Own | National Bank of Georgia |
| Videforex | $250 | $0.01 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView | - |
| xChief | $10 | 0.01 Lots | CFDs, Forex, Metals, Commodities, Stocks, Indices | MT4, MT5 | ASIC |
| RaceOption | $250 | $0.01 | Binary Options, CFDs | TradingView | - |
UnitedPips
"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."
Christian Harris, Reviewer
UnitedPips Quick Facts
| Bonus Offer | 40% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Precious Metals, Crypto |
| Regulator | IFSA |
| Platforms | UniTrader |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD |
Pros
- UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
- Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.
- UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
Cons
- UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.
- UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
- Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
Capitalcore
"The major selling points of Capitalcore are its high leverage options up to 1:2000 and zero commission or swap fees. However, its weak regulatory oversight from the IFSA and non-existent education place it far behind the top brokers."
Capitalcore Quick Facts
| Bonus Offer | 40% Deposit Bonus up to $2,500 |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options |
| Regulator | IFSA |
| Platforms | WebTrader, Pro |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD |
Pros
- The Capitalcore platform provides comprehensive charting tools and a wide range of 150+ technical indicators, ideal for detailed market analysis.
- The support team are available 24/7 and responded within minutes during testing with helpful responses.
- Capitalcore has added binary options trading on 30+ currency pairs, metals and crypto with one-click trading and payouts up to 95%.
Cons
- Capitalcore’s threadbare education and research seriously trail category leaders like IG, making it less suitable for aspiring traders.
- Platform support is limited to proprietary software, so there's no integration with the market-leading MetaTrader or cTrader, which offer built-in economic news and support automated trading.
- The web platform was inconsistent during testing, with occasional technical glitches that meant the trading platform wouldn’t load.
CloseOption
"CloseOption is a good pick for traders seeking a user-friendly binary options platform with high payouts and joining bonuses."
Tobias Robinson, Reviewer
CloseOption Quick Facts
| Bonus Offer | $10 Welcome Gift |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options on Forex & Cryptos |
| Regulator | National Bank of Georgia |
| Platforms | Own |
| Minimum Deposit | $5 |
| Minimum Trade | $1 |
| Account Currencies | USD |
Pros
- New traders can get started with a $5 minimum deposit
- Free demo account
- Multiple global payment methods are available
Cons
- Clients need to deposit $50,000+ to qualify for the best payouts
- Binary options are only available on fiat and digital currencies
- CloseOption is not regulated by a well-regarded trading authority
Videforex
"Videforex will serve traders looking for a no-frills, easy-to-use platform to speculate on the direction of popular financial markets through binaries. With a sign-up process that takes a matter of minutes and a web-accessible platform, getting started is a breeze. "
Videforex Quick Facts
| Bonus Offer | 20% to 200% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Platforms | TradingView |
| Minimum Deposit | $250 |
| Minimum Trade | $0.01 |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- Videforex is one of the few brokers with 24/7 multilingual video support, providing comprehensive assistance for active traders.
- Videforex regularly runs trading contests, offering practice opportunities and cash prizes to beginners and experienced traders, with position sizes from just ¢0.01.
- Traders can earn up to 98% payouts on 100+ assets with the broker’s binary options, bringing it in line with competitors like IQCent.
Cons
- The absence of any educational tools is a serious drawback for newer traders who can find blogs, videos and live trading sessions at category leaders.
- Videforex lacks authorization from a trusted regulator, meaning traders may receive little to zero safeguards like segregated client accounts.
- The client terminal needs improvements based on our latest tests, sporting sometimes slow and unresponsive widgets which could dampen the experience for day traders.
xChief
"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."
xChief Quick Facts
| Bonus Offer | $100 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Metals, Commodities, Stocks, Indices |
| Regulator | ASIC |
| Platforms | MT4, MT5 |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY, CHF |
Pros
- xChief delivers a high-quality day trading environment via the MT4 and MT5 platforms, with market-leading charts, indicators and tools
- xChief offers STP/ECN execution with low spreads from 0.0 pips and low commission rates starting from $2.50 per side
- Traders can access a copy trading solution via the MetaQuotes Signals service
Cons
- Fees and minimums are imposed on most withdrawal methods, including a €60 minimum for SWIFT bank transfers
- The total range of 150+ assets is much lower than most competitors who typically offer hundreds
- xChief is an offshore broker with weak regulatory oversight from the VFSC, so traders will receive limited safeguards
RaceOption
"RaceOption will appeal to investors looking for a feature-rich binary options trading experience with regular contests, account-based perks, and copy trading. The catch is its unregulated status, with little to zero investor protections available based on our investigations."
RaceOption Quick Facts
| Bonus Offer | 20% - 200% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Binary Options, CFDs |
| Platforms | TradingView |
| Minimum Deposit | $250 |
| Minimum Trade | $0.01 |
| Leverage | 1:500 |
| Account Currencies | USD, EUR, GBP, AUD, RUB |
Pros
- RaceOption is in the less than 1% of brokers that offers video chat, available 24/7 in multiple languages, although the knowledge of agents about trading and regulatory issues needs improvement from our direct experience.
- RaceOption makes account funding a breeze with fee-free and near-instant deposits via bank cards and cryptos, plus guaranteed withdrawals processing within 1 hour.
- Payouts on popular underlying assets like EUR/USD can reach 95%, beating out most alternatives based on our evaluations, and increasing potential returns, while the first 3 trades are risk-free in Silver and Gold accounts.
Cons
- RaceOption is one of the only brokers not to offer a demo account, which when considered alongside the absence of education, makes this broker a poor choice for beginners.
- RaceOption is an unregulated, high-risk broker that doesn’t provide investor compensation or legal recourse options should you run into trading or withdrawal issues.
- While still affordable for many retail investors, the $250 minimum deposit raises the entry barrier, especially compared to Deriv and World Forex who are designed for budget traders.
How Did We Choose The Best Perfect Money Brokers?
To reveal the top Perfect Money brokers, we:
- Analyzed our database of 500 online platforms, extracting all those that offer Perfect Money payments
- Ensured that they accept Perfect Money deposits and withdrawals for online trading
- Sorted them by their total rating, derived from 100+ data entries and our own observations
Perfect Money Overview
Established in 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.
The brand aims to provide specialist 24/7 customer support as well as fast transactions and multi-level security. A PM account comes with several features where users can transfer funds between individuals, 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.
Pros Of Trading With Perfect Money
Mobile App Review 2025
Perfect Money offers a mobile app that supports full user management and transfers, meaning traders can quickly deposit into their trading platform whilst on the move. If you are an Android (APK) or iOS device owner, the official app download is available from Google Play or the App Store.
Range Of Funding Methods
The payment method 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.
Accounts
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. These are free to set up with straightforward registration forms available on the official site.
You can also sign up with multiple accounts, which may suit investors who want to store funds in various currencies.
Widely Available
You can find the Perfect Money logo at numerous global brands. Supported forex brokers include XM and FXTM. You can also transfer funds to Western Union, Skrill, PayPal, Neteller, WebMoney, or other online payment systems.
Note, it could be worth considering PM brokers that offer a sign up bonus as an added incentive. See our list of supporting brands to get started.
Additional Features
Traders can utilize 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 user home page, as well as a loan service via Credit Exchange, which is detailed on the website.
On top of that, an API is provided for merchants. This means you can utilize your PM funds at some gambling brokers. Referral invitation codes are also available while a P2P service is at clients’ disposal.
Cons Of Trading With Perfect Money
No Card Storage
Perfect Money acts as a holding wallet but does not offer debit or credit card storage like other e-wallet systems. This may be inconvenient for investors who prefer more choices when depositing to their trading account.
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 traders and permanent residents of the United States.
Speed
Perfect Money does not process deposits into your account directly. Instead, users must choose a primary and secondary Certified Exchange Service provider which will execute the payment for them. As a result, processing times at this stage vary depending on the exchange.
However, once your funds are loaded, the process of depositing into your trading account is usually instant. With that said, you may need to check any additional processing times with your broker.
Security
PM employs numerous security procedures, both when you sign in and within the account, to keep customer funds safe. Investors who register will need to go through the identity check and KYC approval procedure.
The company also uses SMS authentication to prevent unauthorized 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 are 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, look out for the green status bar or locked padlock symbol in your browser’s address link bar. Also make sure you only trade with trusted and reliable trading brokers.
How To Deposit To A Trading Account Using Perfect Money
To make a deposit or withdrawal using Perfect Money, you must first load your 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 currency equivalent) for a bank wire deposit. The minimum withdrawal limit is set by the Certified Exchange Service providers. Make sure to check any funding limits also applied by your broker.
Once you have sufficient funds in your PM account, you can then make transfers to and from your trading platform. The process is similar across most brokers. At XM, for example:
- Head to the Deposit section after logging in and select Perfect Money from the list of options
- Enter the deposit details, including the deposit amount
- XM will then redirect you to the Perfect Money gateway, where you can enter your login details and verify the amount
- You will then get an on-screen memo to confirm the transaction
Fees
Perfect Money does charge some fees when transferring funds to, from, and within the account, including a 0.5% fee for each of the following: bank wire deposits, internal transfers, and verified accounts deposits. Unverified account limits incur a 1.99% deposit fee.
Withdrawal charges are 0% plus any additional bank charges. Bitcoin is free to deposit and has a withdrawal fee of 0.5% plus $10.
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. For example, the price in Nigeria this morning will be different from the quoted rate in the afternoon.
Additional security charges are also applied: SMS notifications cost $0.1 each and account restoration is $100. Note that there is a 4% per year interest rate applied to all accounts.
You may need to check for any fees on your broker’s side, though deposits are often free. Withdrawal fees at popular brands such as RoboForex and FXChoice are 0.5%.
Is Perfect Money Good For Day Trading?
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 like PayPal.
FAQ
Is Perfect Money Legit & Safe To Use At My Broker?
Yes, Perfect Money Finance Corp is a legitimate company registered in Panama, headquartered in Hong Kong and Zurich under Startup Research & Investments Ltd. The firm was established in 2007 and is trusted by many reputable global brands, including many trading brokers and platforms.
Perfect Money Vs Payeer, Which Is Best For Trading?
If you are wondering which one is better, Perfect Money or Payeer, know that PM is an all-rounded system while Payer is focused only on cryptocurrency. Choose the company which best suits your needs as a trader.
How Does A Perfect Money Payment Work In My Trading Account?
The system allows you to safely store funds and make transfers to your live trading account using Certified Exchanger services. Currencies can be swapped at the market rate and online transfers made without filling out payment forms or entering credit card details.
What Are The Supported Countries At Perfect Money?
The firm accepts customers and traders 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.