Below is a list of recommend binary options brokers that allow deposits and withdrawals by NETELLER:
NETELLER is an eWallet payment system which is used globally by millions of users and has proven to be very popular with binary options brokers worldwide. Initially established in Canada 1999 by Optimal Payments Limited, the NETELLER system allows users to both receive and send payments. Since 2004, NETELLER operates from the Isle of Man and formerly under the jurisdiction of the UK’s Financial Services Authority (FSA). Since the abolishment of the FSA, the regulatory jurisdiction now falls under the ambit of the Financial Conduct Authority (FCA) as authorised by the Electronic Money Regulations 2011 (900015).
Regulated by FCA, NETELLER conform to the all the strict regulatory requirements required under UK’s legislations. This includes having adequate safety measures in place to protect their clients from fraud or identity theft. In order for customers to access the NETELLER payment system, they need to have two access codes in addition to a password. 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 to ensure that the company have sufficient funds to pay all its clients simultaneously.
Today, with a market coverage over 180 countries, NETELLER has earned the trust and confidence of consumers and traders from all over the world. Individuals find that sending money through NETELLER is convenient, fast and safe. For businesses, NETELLER payment services help them to expand the markets which they can cover where traditional methods of fund transfer does not work. Apart from straight forward transfer of funds from one party to another, NETELLER also deals with the transfer of funds through credit/debit cards such as:’
- Maestro Debit Card
- Moneta ru
- Visa Debit
- Visa Electron
- Visa MasterCard
Another thing to note about NETELLER is the fact that they also issue an internationally accepted MasterCard debit card call Net+ which customers can use to fund their eWallet. Hence, because of all the advantages that NETTELLER 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.