Neteller Binary Options Brokers

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NETELLER Binary Options Brokers

Below is a list of recommend binary options brokers that allow deposits and withdrawals by NETELLER:

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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 2020 (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:’

  • CartaSi
  • EPS
  • Maestro Debit Card
  • Moneta ru
  • paysafecard
  • POLi
  • Przelewy24
  • Tickersurf
  • 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.

Binary Options Trading with Neteller

When it comes to choosing a binary options broker, we are always reminded to do our research carefully to ensure that the binary option broker is reliable, trustworthy and regulated. The same also holds true when it comes to selecting a payment processor. Ideally, we want to sign up with a payment processor that is dependable, secure and one that charges the lowest fees. Following the seizure of Liberty Reserve by the U.S Government in 2020, finding the right payment processor has never been more important for those who frequently have to transfer funds online. Fortunately, there are several other good options that we can conside , among them is NETELLER.

Established in 1999, NETELLER is owned and managed by Paysafe Group Plc (formerly Optimal Payments Plc), a company that is listed on the London Stock Exchange and a component stock of the FTSE 250 market index. For close to two decades, NETELLER has acted as an epayment gateway to customers from more than 100 different countries. This eWallet is extremely popular among online gamblers and forex traders as it has proven to provide a safe and secure method of transferring funds in an easy and efficient manner. Today, NETELLER handles more than $1 billion worth of funds transfers.

Best Binary Broker with NETELLER

Given the ease of transferring and receiving funds through a NETELLER ewallet, it is advisable to select a binary options broker that supports deposits and withdrawals through a NETELLER account. In addition to being safe and secured, the transaction fee imposed by NETELLER is one of the lowest in the industry hence making it a cost effective way of transferring funds. With the availability of the Net+ Prepaid MasterCard, this means that you can get your withdrawn funds even quicker. In other words, binary brokers that support NETTELLER as one of their deposit or withdrawal options are preferable to those who don’t support the NETELLER fund transfer option. Below is a list of recommended binary options brokers that support NETELLER.

Review

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Review

How to Deposit with NETELLER

One of the main reasons for the popularity of NETELLER among its user base is the ease of use of the NETELLER ewallet system. With the clear-cut instructions provided by NETELLER, a user of this ewallet can easily make deposits from and receive funds directly into his NETELLER account. Before you can transfer funds through NETELLER though, you will need to open an account first of course.

Opening an Account with NETELLER

To open an account with NETELLER you just have to fill out the online registration form. Once you have completed the form and submitted it, you will receive a confirmation email detailing the second step of the account opening procedures which is how to active your account. The instructions will require you to provide the ACCOUNT ID that you designated, the “SECURE ID” contained in the email and the password that you have selected. Once you have completed the steps, your NETELLER account will become active and can be funded. At this point in time, you will be able to receive funds directly into your NETELLER ewallet. However if you wish to transfer funds to your binary options broker using your NETELLER account, you will need to fund the ewallet first. It should be noted that NETELLER is registered as an “Authorised Electronic Money Institution” with the UK’s FCA and does not provide any lending facilities to the customers.

Funding the NETELLER Account

To fund your NETELLER account, there are several options such as local bank deposit, bank wire transfer and credit or debit cards. To add money to your ewallet, simply click on the “Money In” button to display the available deposit options. Take note that the availability of these options is dependent on your country of residence.

Once the deposit options are displayed, just click on your preferred option. Once the funds are credited into your NETELLER ewallet, you can now transfer the available funds to your broker from your trading account at the broker’s end.

To receive funds into your NETELLER account from your broker, simply designate your NETELLER ewallet for the receipt of the funds.

Net+ Prepaid MasterCard

Apart from the ewallet, NETELLER has in recent years introduced another transaction option for their customers which is the Net+ Prepaid MasterCard. This card is in everyway identical to the traditional credit/debit card. The key difference is the balance of the card is linked to the NETELLER ewallet account rather than a bank account. If the balance of the NETELLER account is positive, the Net+ Prepaid MasterCard can be used for withdrawals at ATM or purchases at any POS or linked to your binary options trading account. In other words, the withdrawals that you make from the broker’s end can be transferred to your Net+ Prepaid MasterCard letting you have quicker access to your funds.

Security

In terms of security, the security level at NETELLER is top notch. First, NETELLER is a licensed and Authorised Electronic Money Institution by the FCA. As for their electronic security, all transactions are secured with 128 bit encryption and additional security features such as ID verification and real time monitoring of transactions.

NETELLER Compared To Other Deposit Methods

Among the all the ewallet options that are available today, NETELLER is the preferred choice for more than 180 million customers worldwide. The only ewallet service which can surpass NETELLER’s client base is Paypal, with 197 million users. However when we factor in the cost of the transaction fee, NETELLER is able to offer a lower transaction fee as compared to Paypal.

Conclusion

Overall, NETELLER has made opening an account with them uncomplicated with a well thought out site design. All the information is laid out in a clear and legible manner making it easy to navigate their website. In addition, they also provide a comprehensive FAQ and 24/7 dedicated customer support service to assist any customers who require assistance. Their quality of service is also beyond reproach given the fast and efficient manner which all transactions are carried out.

  • What are the brokers accepting NETELLER?

Some of the leading binary options brokers that accept NETELLER include:

Yes. NETELLER is authorized and regulated by the UK’s FCA. In addition, NETELLER employs several anti fraud features using the latest available technology to prevent online fraud.

  • Are there any limits using NETELLER?

No. There are no specific limitations to using NETELLER except those restrictions which are imposed by some governments on their citizens.

7 Binary Options

TOP brokers using Neteller as one of the payment systems:

Neteller is an e-money/e-wallet service used to transfer money to and from merchants. It is used by millions of users all around the world and has proven to be a reliable and secure method to transfer money. It has also become increasingly popular among top binary options brokers.

Since its establishment in Canada back in 1999 Neteller allows its users to both send and receive payments from anywhere on the planet. In 2004 the system started operating from the Isle of Man under the jurisdiction UK’s Financial Services Authority (FSA). After FCA was abolished, Neteller started operating under Financial Conduct Authority (FCA).

How reliable is Neteller?

Being under the jurisdiction of FCA, one of the most reliable regulatory bodies around the world, Neteller has proven the reputation of stability and seamless service. It is subject to the UK’s legislations that implies it has to provide advanced safety measures in order to protect their clients from fraud or identity theft as a result of a money transaction. The system provides the advanced security system, through which users have to provide a security code in addition to their password. Also, the company implemented reliable protection systems against money laundering.

Neteller is legally regarded as a financial services provider. It functions as a channel for user money transfers or receipts. It does not function as a bank and therefore cannot functions as a provider of loans. It is required by law to separate operational funds from the money client transfer, thus securing clients’ money and assuring that they can all be paid out simultaneously in case of such need.

By this day, the company reached the truly international market in 180 countries worldwide and has earned trust and loyalty of its customers by providing an extraordinary level of service. It is popular particularly because of being convenient as well as fast and safe. It is an invaluable tool for businesses of any size since it allows them to expand their activities to many different levels by adding this innovative payment method to the already existing ones while complying with all necessary international financial regulations.

Apart from simple one-to-one transfers, Neteller also deals with the following:

  • Maestro Debit Card
  • CartaSi
  • Moneta ru
  • Visa MasterCard
  • EPS
  • Electron
  • Przelewy24
  • POLi
  • Tickersurf
  • Paysafecard
  • Visa Debit Visa

One more thing that is important to mention when talking about Neteller financial services is the fact that it is also possible for them to issue an international MasterCard debit card called Net+. Neteller customers can use this card to fund their eWallet.

Considering all of the above-mentioned benefits of using Neteller, it is not surprising that more and more binary options brokers decide to implement it as one of their main deposit and withdrawal methods. We strongly advise our readers to check brokers from the list above that use this method of payment and give it a try.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
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    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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