|UK, Cyprus, South Africa, UAE||/5||$1||Read the review|
|UK, Cyprus, Australia, Singapore||/5||€100||Read the review|
|UK||/5||$450||Read the review|
One of the most popular alternative payment systems in use today by most legitimate brokers is Neteller. There is no question about it. Its popularity has reached such a peak that when a broker has not included it, many users find it difficult to believe, and some even will not register with a brokerage firm that does not offer it as an e-payment option.
One of the main reasons that so many companies rely on Neteller is because it offers very secure and fast deposit and withdrawal options, and utilizes state of the art technology that insures all personal data of users is kept safe from harm. And they are obviously doing a superb job at it, seeing that Neteller supports more than 60 different uploading options (but only a couple withdrawal ones).
Furthermore, the e-wallet service is regulated by none other than the FCA, which adds a very fat layer of extra protection. On of its main duties, as decreed by the UK financial watchdog, is to keep all clientele funds in segregated bank accounts.
Neteller’s upload/deposit fee is 2.5% of the entire sum for all of its 60+ depositing methods, if said amount does not surpass $20 000. If it goes beyond $20k, then the charge is levied.
Withdrawals are charged as well. The amount withheld depends on the methods used to withdraw. For Wire Transfers it’s $10; for Member Wire the fee is $12.75; Money Transfer takes 1.45% off; Net+ Prepaid Mastercard charges 1.75% tops. Note that these are the only withdrawal options that Neteller has.
Neteller is restricted in some regions around the world. Most of these places are located in the Middle East, and in some parts of Asia and Africa.