Neteller is a form of e-wallet or online banking service. It was founded in Canada in 1999, and is now based on the Isle of Man.
It is owned by Optimal Payments PLC, and offers support for over 200 countries to do their transactions. Up to 15 currencies are also supported by the program, and funds can be withdrawn as well as deposited into a Neteller account using a variety of methods.Luckily, almost all binary options brokers accept Neteller payments and we will show you which ones are the best Neteller Binary Options Brokers.
Neteller has support for over 40 types of payment options. Some of these may be blocked off in different countries. Because of the wide reach of Neteller as well as the speed with which transactions can be handled, it is one of the top choices of payment options for binary options brokers all over the world. Some of the top brokers that support payment through Neteller include:
Top 3 Binary Options Brokers That Accept Neteller
24 Option – This is a broker that is highly rated by all of its traders. It provides a great amount of resources for learning the ropes with binary trading. The broker also has a lot of bonuses for people who sign up newly, and are one of the few companies that accept Neteller payments. This isn’t their only option for payment either. Traders can pay through other eWallets like Skrill, or even through their credit cards and debit cards. Direct bank wire transfers are also supported by this broker.
IQOption – IQ Option has been around since the year 2012. It is one of the highest rated in the business. It is located in the Seychelles, and offers some of the best bonuses ever to traders who sign up with the platform. It supports a few different currencies too, and is available to most countries, although it is closed to traders from the US. It is regulated by the CySEC licensing agency, and is one of the best out there. The broker supports Neteller, Wire Transfers, Skrill and even credit cards.
Finpari – This broker has been in the game since 2014. It is located in the UK and accepts traders from the US as well. It accepts a wide variety of payment options including PayPal, Visa, Mastercard, Neteller and Bank Transfers. It also has a very low minimum deposit making it very appealing indeed.
More Neteller Binary Options Brokers
Stockpair – This broker is based in Cyprus. It is one of the many that offers binary options as well as pair options for trade. The broker also has an extensive knowledge base that has the most updated financial news on the market. With a wide range of trading account types available to new traders as well as a large number of different assets to invest in, it is one of the best out there. The broker supports Neteller as just one of the many payment methods it can have.
Optionrally – Based in Cyprus, OptionRally is licensed by the IFSC, and offers some of the best bonuses to new traders out there. It accepts payment via Neteller and a number of other deposit and withdrawal methods.
Any Option – This broker is based in Cyprus. It offers some of the best binary options services out there. While it is one of the more trusted binary brokers in the market right now, it doesn’t support payment through the Neteller platform. This doesn’t make it a bad broker though! It is an award winning platform.
Top Option – This is one of the more well-regulated brokers out there. It is licensed by CySEC and the FCA. It is a gorgeous broker with a great trading platform. While the broker doesn’t have support for Neteller, it does accept the Web Money platform as well as cards and bank wire transfers.
Neteller vs. PayPal
Paypal and Neteller are in direct competition with each other. Each has its own advantages and disadvantages. For example, Neteller offers a VIP program, something that PayPal doesn’t have. Neteller is offered by a huge number of names in different industries. For business accounts, Neteller charges clients much lower fees than PayPal does. Neteller also has the option for a cashback on a sent transfer, which isn’t something allowed by PayPal at all. While PayPal is great for smaller transactions (such as eBay and Amazon), Neteller is the way to go for the bigger deposits and withdrawals.
Conclusion
Neteller is one of the most reputed e-wallet providers in the world, and one of the oldest. If you have trouble placing your trust in online banking, this is the company that will restore your faith. If at all possible, always look for brokers that are licensed and use the Neteller platform as well.