Neteller is an e-money/e-wallet stored-value service owned and operated by publicly traded British global payments company Optimal Payments PLC. People in over 180 countries use the Neteller service to transfer money to and from merchants, almost exclusively online gambling firms, and can withdraw funds to their own bank accounts.
|Broker||Type||Minimum Deposit||Max leverage||Minimal Lot||Spreads||Lowest spreads EURUSD|
|XM forex(Xe Markets)(Visit)||STP+DMA||$5||500||0.01||variable||>1|
|HotForex(Visit)||ECN & STP+DMA||$5||500||0.01||variable||>|
0.8 – Micro & Standard
0.6 – Currenex
|IronFX(Visit)||STP+DMA, STP & MM||$500||500||0.01||variable||>|
0.8 – Mini
0.7 – Standard
|FXCC(Visit)||STP & ECN||$100||500||0.01||variable||>0.1|
|ACM Gold(Visit)||STP & MM||$250||500||0.01||fixed||3|
3 – Mini
2 – Standard
0 – Zero spread
1.8 – Mini
0.9 – 1.6 – Standard
Neteller was founded in 1999 in Canada and moved to Isle of Man in 2004. The operation of the Neteller service has an e-money record with the UK government’s Financial Services Authority (FSA). It is listed as an “Authorised Electronic Money Institution”.
Neteller is not a bank and does not lend customers' funds. It is required under FSA e-money regulations to maintain customer funds in separate trust accounts, separate from its operating cash, sufficient to repay all customer balances at the same time.
Consumers can sign up for a Neteller account on the company’s website.Accounts may be set up in any major currency including: AUD, BGN, CAD, DKK, EUR, GBP, HUF, INR, JPY, LTL, LVL, MXN, NOK, PLN, RON, SEK, USD. Money can be loaded into the account from a bank, credit/debit card or via many other methods including Giropay, iDEAL, Ukash, Direct e-Banking or POLi. These deposit types vary by country and some are instant.
Money in a Neteller account can be used to pay merchants, sent to other customers of the service, or spent at any retailer that accepts MasterCard using the Neteller debit card that is part of the account. Money can also be received into the account directly from merchants, such as gambling winnings, insurance payouts or video-gaming trading proceeds. Customers can withdraw funds from their accounts by bank transfer, cheque, or using the company’s Net+ MasterCard debit card at point-of-sale and automated teller machines.
Key registered offices
- Optimal Payments Plc, Audax House, Finch Road, Douglas, IM1 2PT, Isle of Man
- Optimal Payments Ltd, 2 Mount Pleasant, Cambridge, CB3 0RN, United Kingdom
- Netbanx Ltd, 2 Mount Pleasant, Cambridge, CB3 0RN, United Kingdom
- Optimal Payments Plc, 2 Place Alexis-Nihon, 3500 de Maisonneuve Blvd. W., Suite 700, Montreal, Quebec, Canada, H3Z 3C1
- Optimal Payments, 75 Promenade du Portage, Gatineau, Quebec, Canada, J8X 2J9