Neteller Binary Options Brokers

Neteller is an electronic wallet used by active binary traders for its smooth transfer experience and fast deposits. It’s one of the most widely supported payment methods on binary platforms from our research.

We’ve run hands-on tests to list the best binary options brokers that accept Neteller deposits. We’ve verified that every provider below allows Neteller, either by signing up for an account and finding it in the payments area, or by confirming with customer support.

About Neteller

Neteller is a long-running e-wallet that’s proven popular with binary options platforms because deposits are usually hassle-free and quick. It was founded in 1999 and is now part of the Paysafe group (the same parent behind Skrill).

For traders, you fund your Neteller wallet, then pay the brokerage from that balance. However, it’s important to keep in mind that the company behind the e-money service can vary by region – we’ve broken down licensing details further below.

Also, while your balance on Neteller is safeguarded through measures like separate accounts and insurance, that’s not the same as a bank deposit guarantee. Also, once the funds land into the binary trading platform – you may lose all these protections.

Why Use Neteller With Binary Brokers?

Regulated in various jurisdictions, Neteller conform to strict regulatory requirements. This includes having adequate security measures in place to help protect their clients from fraud or identity theft.

Traders will need a 6-digit Secure ID used for login and some transactions, while the payment system offers additional authentication methods, such as two-step authentication and passkeys. Furthermore, the company also adopt internationally accepted protocols to protect against money laundering.

Neteller is legally classified as a financial services provider. It only serves as a conduit for customers to receive or transfer funds. It does not provide loans and is required by law to segregate clients’ funds away from its operating funds. This is so the company has money to pay clients in the event of insolvency.

Today, with a market coverage in many countries, Neteller has earned the trust and confidence of consumers and binary traders from all over the world.

Traders that sending money through Neteller is convenient, fast and safe. For businesses like binary brokers, Neteller payment services help them to expand the markets which they can cover where traditional methods of fund transfer does not work.

Apart from the straightforward transfer of funds from one party to another, Neteller also deals with the transfer of funds through credit/debit cards such as Visa and Mastercard.

Hence, because of all the advantages that Neteller offers, it is not surprising to find many binary options brokers today accepting Neteller as one of the main methods which their clients can use to deposit or withdraw funds.

Regulation

Regulation applies to Neteller as a payment/e-money service provider, but it does not automatically mean the binary options broker you deposit to is licensed or regulated in your country.

Regulatory details for Neteller (Paysafe) entities include:

• FCA (UK) – Paysafe Financial Services Limited (trading as Neteller): authorized as an Electronic Money Institution (FRN 900015)
• UK crypto registration (AML/CTF) – Paysafe Financial Services Limited (trading as Neteller) is registered with the FCA as a cryptoasset firm for AML supervision (this is not the same as FCA authorisation for investments)
• Canada registrations – Paysafe has FINTRAC registration as a Foreign Money Services Business and Revenue Québec MSB registration
• Central Bank of Ireland – Paysafe Payment Solutions Limited (trading as Neteller) is regulated by the Central Bank of Ireland

While Neteller is popular with binary traders from around the world, it is not available or licensed to provider e-money services in the US.

How Much Does It Cost To Fund A Binary Options Account With Neteller?

We’ve evaluated the payment pages of every active binary broker in our evolving database and the transfer from your Neteller balance to a broker is generally 0% fee from Neteller.

However, traders can still get caught out by fees elsewhere:

• Wallet funding fees: Adding money into Neteller (card/bank/other methods) may have fees depending on method and country.
• FX fees: If your Neteller balance is in EUR but the broker account is in USD (most binary firms use USD accounts), Neteller may apply a currency conversion fee.
• Broker-side fees (varies): Many brokers don’t advertise a deposit fee for Neteller, but you should still confirm in the broker cashier/terms as rules change.

Check the binary broker’s minimum deposit to use Neteller – it’s often around $10 to $50.

How Fast Are Neteller Deposits To Binary Accounts?

It’s normally near-instant to transfer funds to a binary account by Neteller. However, it can depend on the broker and whether the payment system confirmation completes.

The vast majority of Neteller brokers we’ve evaluated say transfers are immediate once confirmation is complete, including at Deriv,

The most common reasons we see for delays in trading payments via Neteller are broker KYC/verification holds or AML/risk checks at the withdrawal stage.