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Neteller forex brokers refer to forex (Foreign Exchange) brokerage firms that accept deposits, and sometimes withdrawals, through Neteller, an online money transfer service.

Neteller is an electronic wallet or e-wallet service that allows people to transfer money around the world. It’s commonly used for online shopping, money transfers, and depositing funds into trading accounts. When a forex brokerage accepts Neteller, it means that they have integrated this payment method into their platform, allowing traders to fund their forex trading accounts or withdraw profits using this e-wallet.

In this article we have included forex brokers that accept Neteller as one of their payment methods. To compile the list of brokers we have taken into consideration a multitude of factors including:

  • Neteller deposit and withdrawals fees from the broker’s part;
  • Time of processing for both Neteller deposits and withdrawals;
  • Neteller minimum / maximum deposit with the broker;
  • Neteller minimum / maximum withdrawal with the broker;
  • Account base currencies accepted for making a payment with Neteller.
Table of Content


AvaTrade No 24 hours No 24 hours
Axi Yes Instant Yes 72 hours
XM No Instant No 24 hours
easyMarkets No Instant No 24 hours
HF Markets No 10 minutes No Instant
FXCM No Up to 24 hours No 48 hours
NAGA No Instant Yes 24 hours
ActivTrades No 30 minutes No 48 hours
IC Markets No Instant No 72 hours
FXTM No Instant No 24 hours


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

What are the best Neteller forex brokers?

Below our curated list of the best Neteller forex brokers, with details of features and characteristics.

  • Neteller is not available for EU and Australian forex traders.
  • Fee-free from AvaTrade’s part on both Neteller withdrawals and deposits.
  • The minimum amount for a Neteller deposit is $100, while there is no maximum Neteller withdrawal.
  • The Neteller deposits and withdrawals will be processed within 24 business hours.
  • Base currencies may depend on your location, but majors like USD, EUR, GBP, AUD, ZAR, and CHF are typically available.
  • Neteller charges a currency conversion fee of 4.49%.
79% of retail investor accounts lose money
  • The minimum Neteller deposit and withdrawal with Axi can be as low as $5.
  • The maximum Neteller withdrawal with Axi can be as high as $10,000.
  • Axi does not charge any fees on both Neteller deposits and withdrawals. Though note that after the first $50,000 amount deposited or withdrawn per month with Neteller, a 3% fee from the broker’ side may be charged.
  • The Neteller deposit processing time is instant, while the withdrawal processing time takes 1-3 days.
  • The account currencies available with Axi for making a Neteller deposit or withdrawal are CAD, GBP, EUR, PLN, or USD depending on your location.
  • Note that Neteller charges a currency conversion fee of 4.49%.
69.6% of retail investor accounts lose money
  • XM covers all the fees regarding Neteller deposits and withdrawals.
  • Neteller deposits are processed instantly, while withdrawals take up to 24 hours to be processed.
  • The broker requires to deposit or withdraw at least $5 when using Neteller.
  • USD and EUR base currencies are typically available everywhere. Then there are less common base currencies like ZAR, SGD, JPY depending on your location.
  • Neteller charges a currency conversion fee of 4.49%.
77,37% of retail investor accounts lose money
  • Neteller with easyMarkets is available depending on your location. Many traders from countries in Africa and Asia cannot use it.
  • Both deposits and withdrawals with EasyMarkets are fee-free from the broker’s part.
  • Neteller withdrawals with EasyMarkets do not have a minimum requirement.
  • Neteller deposits with easyMarkets are instant while withdrawals are executed in 1 working day.
  • The accepted base currencies include USD, EUR, and GBP. Others may be available depending on location.
  • Please note that Neteller applies a currency conversion rate of 4.49%.
75% of retail investor accounts lose money
  • The minimum Neteller Deposit is $0, while the maximum deposit is $10,000.
  • The deposit processing time is up to 10 minutes with no fees from the broker’ side.
  • The withdrawal processing time is instant with no fees from the broker’ side.
  • Withdrawals submitted before 10:00 am server time are processed on the same business day between 7:00 am and 5:00 pm server time.
  • The base currencies availability depend on the account type and on your location, but typically they are the USD, EUR, NGN, ZAR, JPY, and GBP.
  • Neteller applies a currency conversion fee of 4.49%.
70.51% of retail investor accounts lose money
  • With FXCM you can make a Neteller minimum deposit of $50 and a maximum of $20.000.
  • Neteller deposits are fee-free from FXCM side.
  • The processing time for Neteller deposits is 1 business day.
  • Neteller with FXCM is also available for withdrawals.
  • Neteller withdrawals take up a couple of business days, with no fees charged by FXCM.
  • Account base currencies accepted are EUR, USD, and GBP for EU clients, while International clients can deposit in USD.
  • Keep in mind the currency conversion rate of 4.49% applied by Neteller.
70% of retail investor accounts lose money
  • NAGA has one distinctive feature, which is that depending on your minimum deposit you get assigned automatically to one of the tiers of the NAGA VIP Levels.
  • The minimum deposit recommended by using Neteller or any other payment method is $250, while the minimum withdrawal is $50.
  • No fees from NAGA’s part on Neteller deposits, while you will get charged a fee on your Neteller withdrawals from $0 to $5 based on your VIP Level.
  • Neteller withdrawals with NAGA are processed within 24 hours, while deposits are processed almost instantly.
  • Base currencies availability may depend on your location, but generally, NAGA provides EUR, PLN, GBP, and USD.
  • Neteller charges a currency conversion fee of 4.49%.
80.85% of retail investor accounts lose money
  • You will find fee-free Neteller deposits and withdrawals from ActivTrades’ side.
  • The processing time for Neteller deposits is 30 minutes.
  • The processing time for Neteller withdrawals takes 24-48 hours
  • The base currencies supported are generally EUR, GBP, USD, and CHF, though it depends on your location.
  • Remember the currency conversion rate of 4.49% applied by Neteller.
75.7% of retail CFD accounts lose money
  • With IC Markets, you can make a maximum Neteller deposit or withdrawal of up to $70,000.
  • Neteller deposits are processed instantly and are fee-free from IC Markets’ side.
  • Neteller withdrawals’ time of processing may take longer (up to 3 business days) but are instant once they are processed with no fees from IC Markets’ side.
  • The IC Markets accepted base currencies are USD, EUR, GBP, AUD, CAD, SGD, and JPY. Availability depends on your location.
  • Neteller charges a currency conversion fee of 4.49%.
74-89% of retail CFD accounts lose money
  • A great feature of FXTM is that you will find a Neteller VIP program with these benefits where deposit charges are covered by FXTM, a free Neteller Prepaid Mastercard, your personal Neteller Account, and fast verification of deposits are all available. This program may not be available for all clients.
  • Both Neteller deposits and withdrawals are fee-free from FXTM’s part.
  • Deposits are instant, while withdrawals take 24 hours to be processed.
  • The minimum Neteller deposit is: 5 EUR/USD, 20 PLN, 400 INR, 1000 NGN.
  • The accepted base currencies for making a deposit or withdrawal with Neteller are EUR, INR, USD, GBP, PLN, NGN. Availability may depend on your location.
  • Neteller charges a currency conversion fee of 4.49%.
81% of retail investor accounts lose money

How to choose the best Neteller forex broker?

Choosing the right forex broker is vital to the success of any forex trader. If the broker offers Neteller as a payment method, there are a few key points to consider:

  1. Confirm if the broker is regulated by reputable financial bodies. Look for brokers licensed and regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, or the Cyprus Securities and Exchange Commission (CySEC) in Europe, which is one of the most common. Regulatory compliance guarantees a degree of protection to investors and ensures the broker operates under stringent conditions.
  2. Before you sign up with a broker, check their deposit and withdrawal procedures. If your broker supports Neteller then you have to understand the nuances of transactions. The minimum amount you can deposit/withdraw with your broker helps you plan your trading budget. This amount might change slightly by using Neteller with some broker so be sure to check it. Lastly, you have to know how long it takes for the broker to process deposits and withdrawals via Neteller. Ask the broker’s customer care department to be sure.
  3. Check the broker’s other features, such as low spreads, the presence of platforms and account types, and the variety of assets to trade on.

Is Neteller safe?

Neteller is regulated by the FCA in the UK, meaning it has to adhere to strict financial standards and regulations. It uses high-level security measures such as Secure Socket Layer (SSL) encryption to safeguard users’ financial information. This prevents third parties from accessing your sensitive data.

The service also offers two-factor authentication (2FA), an additional security layer that ensures that only you can access your account, even if someone else knows your password. Additionally, Neteller has robust anti-fraud systems in place to detect and prevent fraudulent transactions.

However, users also have a role to play in maintaining their account security. You should regularly update your passwords, avoid sharing sensitive account information, and ensure that your device’s security measures are up to date.

What are the fees using Neteller for deposit and withdrawal?

Most forex brokers do not charge fees for deposits made via Neteller, making it an affordable option for funding your trading account. However, withdrawing funds from your broker to your Neteller account might come with a fee.

This generally ranges between 1% and 3% of the transaction. Some brokers may cover these fees if you withdraw a set minimum amount of money, so it is worth checking the broker’s withdrawal policy before proceeding.

What are the processing times with Neteller?

Processing times can vary, but deposits made to brokers using Neteller are typically instant, which means that traders can fund their accounts and start trading immediately. Withdrawals, on the other hand, may take up to a business day, depending on the broker’s policy.

However, keep in mind that factors such as verification processes or bank policies could potentially influence these times. For instance, if you haven’t completed the broker’s KYC (Know Your Customer) procedure, your withdrawal might be delayed. Similarly, while Neteller processes the transaction instantly, the final transfer time can also depend on your bank’s processing times.

Pros and Cons of Neteller forex brokers


  • quick transactions
  • available worldwide
  • Enhanced online security
  • Currency conversion capabilities


  • might charge fees for withdrawals
  • Not always eligible for broker deposit bonuses
  • Some countries might apply restrictions on Neteller

filippo ucchino

About The Author

Filippo Ucchino
Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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