Neteller is an electronic digital wallet payment system and is part of the PaySafe Group. Neteller forex brokers can use the system to make electronic payments in three ways, Neteller digital wallet, Net + prepaid card, and via money transfer to a verified bank account.
10 Best Neteller Forex Brokers Revealed (2025):
By using Neteller as a deposit or withdrawal method, traders can deposit funds to their forex account using the three methods listed above. All transactions will take place within the secure, Neteller system with a 2-step authentication process. Transactions are also processed instantly.
10 Best Forex Brokers in South Africa for 2025 Rank Broker Review Regulators Min Deposit Official Site
XTB
Min Deposit
USD 0
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
MT4, xStation
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
XTB is a European broker which was founded in 2002 and has offices in 13 countries across the globe. XTB is regulated by the UK Financial Conduct Authority (FRN 522157) and has been listed on the Warsaw Stock Exchange since 2016.
XTB Pros and Cons
| ✅ Pros | ❌ Cons |
| Award-winning proprietary trading platform | US clients not accepted |
| Variety of financial instruments | Inactivity fee charged |
| Competitive trading conditions | |
| Useful trading tools |
XTB is a fintech company that combines financial services with innovative technology and it offers clients two platforms to choose from namely xStation5 and MT4. XTB supports a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.
XTB trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Offers STP | Mini account | PayPal |
| Low min deposit | Standard account | Skrill |
| Guaranteed stop loss | Islamic account | Payoneer |
| Offers Negative Balance Protection | Neteller |
Traders can choose from 25 crypto CFDs (9 individual coins or 16 crypto pairs) which are available 7 days a week (from 3 am Saturday to 9 pm Friday). Traders can buy or sell digital coins with 2:1 leverage and a 365-day expiry.
NordFX
Min Deposit
USD 10
Regulators
Saint Lucia
Trading Platform
MT4, MT5, MetaTrader Multiterminal
Crypto
Yes
Total Pairs
30+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
NordFX is a forex broker located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC). NordFX offers Forex trading with specific accounts for each type of trader, including Zero accounts which offer spreads from 0 pips, while the Crypto account offers optimal cryptocurrency trading. Types of trading accounts are – Fix, Pro, Zero, and Stocks.
NordFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Strict Regulations | Limited Trading Assets |
| Investment Fund | No Social Trading |
| PAMM | No US Clients |
| Discounted VPS |
Trading instruments on offer range from more than 30 currency pairs, the popular precious metals gold & silver, 11 major cryptocurrency pairs, plus CFDs based on Brent oil and stock indices such as Dow Jones 30, S&P 500, DAX 30, NASDAQ 100, and NIKKEI 225.
NordFX trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Leverage up to 1:10000 | Fix | Wire Transfer |
| Minimum deposit ZAR R160 / $10 | Pro | Credit/Debit |
| Zero | Neteller | |
| FasaPay |
NordFX offers customer support via Email, Telephone, and a 24/5 Live Chat function plus an Online Contact Form available on their website.
eToro
Min Deposit
USD 50 in *certain countries
Regulators
FCA, ASIC, CySEC
Trading Platform
Proprietary WebTrader
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.
eToro is an online broker which was founded in 2006 and offers CFDs and Social Trading, with a head office based in Cyprus, UK. eToro is supervised by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies, and has been in operation for over 14 years.
eToro Pros and Cons
| ✅ Pros | ❌ Cons |
| Well-regulated by top market regulators | US clients not accepted |
| Client funds kept in segregated accounts | MetaTrader not provided |
| Commission-free trading | Scalping and hedging are not allowed |
| Traders can buy fractional shares | Inactivity fee charged after a year |
eToro offers traders two ways to trade: CFDs, Social Trading and eToro traders will need to make a minimum deposit of $200 and the platform can accommodate various levels of traders from beginner to expert. Traders can trade in a wide variety of over 100 instruments and over 50 currency pairs on eToro’s user-friendly custom trading platform which is available as a browser-based web application. eToro also offers traders mobile apps for Android and iOS, making it easier to keep an eye on and execute trades.
eToro trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Offers STP | Demo account | Credit cards |
| Low min deposit | Micro account | Bank Transfer |
| Mini account | PayPal | |
| Standard account | Skrill | |
| Islamic account | Payoneer | |
| Neteller |
eToro trading accounts on offer include Demo, Micro, Mini, Standard, STP, and Islamic. eToro supports a wide range of languages including English, German, Spanish, French, and Italian. 24/6 customer support is available via telephone and support ticket.
IC Markets
Min Deposit
USD 200
Regulators
ASIC, CySEC, FSA, SCB
Trading Platform
MT4, MT5, WebTrader
Crypto
Yes
Total Pairs
61
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
IC Markets is a regulated Forex ECN and CFD broker which offers more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks, and Futures on the MetaTrader 4, MetaTrader 5, and cTrader platforms for desktop, web, and mobile. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).
IC Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Institution-grade liquidity | No US clients |
| True ECN broker | No fixed spreads |
| Range of useful trading tools | |
| The range of trading strategies supported |
IC Markets offers traders three main types of live trading accounts to choose from, including Raw Spread (cTrader), Raw Spread (MetaTrader), and the Standard Account (MetaTrader). Islamic swap-free accounts and the use of a free demo trading account are also on offer.
IC Markets trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | PayPal |
| Low min deposit | Zero spread account | Skrill |
| ECN account | Neteller | |
| Islamic account |
Customer support is available 24/7 via Live Chat, Phone, and Email.
RoboForex
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
36
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Roboforex is an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading. Roboforex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.
RoboForex Pros and Cons
| ✔️ Pros | ❌ Cons |
| Strictly regulated | Not available to U.S clients |
| Negative balance protection | Fixed spread accounts not offered |
| Flexible account types |
When starting off with Roboforex traders will need to make a minimum deposit of $1 and there is an option available for a demo account for those who would like to get acquainted with the platform. Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs. Roboforex offers over 100 instruments and over 35 currency pairs in total.
RoboForex trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Micro account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | Payoneer |
| Low min deposit | Zero account | Neteller |
| ECN account | ||
| STP account | ||
| Islamic account |
Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders. Roboforex also offer mobile apps for Android and iOS. Roboforex Trading Accounts include – Demo, Micro, Mini, Standard, Zero, ECN, STP and Islamic. Customer support is available via phone, Webchat, Wechat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.
Pepperstone
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pepperstone was founded in 2010 and is regulated by the Australian Securities and Investments Commission (ASIC), as well as the UK’s Financial Conduct Authority (FCA). Pepperstone offers traders a variety of trading accounts to choose from including Razor, Standard, and Swap-Free, and boasts three top forex trading platforms namely MT4, MT5, and cTrader.
Pepperstone Pros and Cons
| ✔️ Pros | ❌ Cons |
| Highly regulated broker in multiple jurisdictions | No proprietary trading platform available |
| Opportunity to trade over 150 financial instruments | CFDs trading portfolio is limited |
| Excellent webinars in the educational section | |
| Forex, Cryptocurrencies, CFD markets all available | |
| Best broker for enhancing the education of new traders | |
Platform enhancements available for Pepperstone include MetaTrader 4 smart trader tools, cTrader Automate, Autochartist, and API trading. A range of options for depositing funds is available, including Bank wire transfer, MasterCard, Visa credit card, PayPal, Neteller, Skrill, and QIWI.
Pepperstone trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Mini account | Bank Transfer |
| Offers STP | Standard account | PayPal |
| Low min deposit | MAM/PAMM account | Skrill |
| Offers Negative Balance Protection | Islamic account | Payoneer |
| Neteller |
Pepperstone offers 24/5 multiple language support via email, phone, and live chat. All three FX trading platforms come with a free demo account which will allow traders to test out the forex broker and platform for 30 days.
FP Markets
Min Deposit
USD 100
Regulators
ASIC, CySEC, FSCA, CMA
Trading Platform
MT4, MT5, Iress Trader, cTrader
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FP Markets is a global, online broker regulated by the Australian ASIC and the Cypriot CySEC which was founded in 2005 and offer Forex trading and has a head office situated in Australia.
FP Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Great Educational tools | Limited portfolio |
| Great Customer Service | Web Platform needs to be updated a bit |
| Large Product offering | High fee for international bank withdrawal |
| Easy and quick account opening | |
Over 100 instruments and over 60 currency pairs in total is on offer, on the popular MT4 forex trading platform. FP Markets also offers traders mobile apps for Android and iOS. When starting off with FP Markets traders will need to make a minimum deposit of $100 and a demo account is on offer with a wide variety of instruments and currency pairs on offer.
FP Markets trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Mini account | Bank Transfer |
| Allows hedging | Standard account | Credit/Debit |
| Offers STP | ECN account | Electronic Wallets |
| Low min deposit | STP account | |
| Offers Negative Balance Protection | Managed account |
FP Markets Trading Accounts Offered include: Demo, Mini, Standard, ECN, STP, Managed and Islamic and all accounts support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish, Indonesian, Thai, Malay, German, Vietnamese. Customer Service is available via email, phone, and live chat.
FXPrimus
Min Deposit
USD 15
Regulators
CySEC, VFSC, FSCA
Trading Platform
MT4, MT5, cTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FXPrimus is an online broker founded in 2009 offering Forex trading, and Social Trading, and is a global broker with a head office in Cyprus. Regulated by CySEC, MiFID, and used by over 10,000 traders
FXPrimus Pros and Cons
| ✅ Pros | ❌ Cons |
| Sign Up Bonus | High minimum deposit on selected accounts |
FXPrimus has won numerous industry awards over the 11 years a wide variety of instruments and trading currency pairs. FXPrimus offers over 125 different instruments to trade, including over 43 currency pairs.
FXPrimus trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Offers STP | Mini account | Payoneer |
| Low min deposit | Standard account | Neteller |
| ECN account | ||
| Managed account | ||
| Islamic account |
Customer Support is available via email, webform, phone, and live chat.
EasyMarkets
Min Deposit
USD 25
Regulators
CySEC, ASIC, BVI, FSA, FSCA
Trading Platform
MT4, Proprietary Platform, MT5 and TradingView
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
EasyMarkets is regulated by CSEC (Cyprus) and ASIC (Australia) and offers beginner and established forex traders enhanced risk management tools, fixed spreads on all forex pairings, and an easy-to-use forex trading platform.
EasyMarkets Pros and Cons
| ✅ Pros | ❌ Cons |
| Fixed spread accounts offered | Forex spreads start from 1 pip |
| Commission-free trading | Variable spread accounts are not offered |
| easyMarkets app provided | |
| Negative balance protection provided on retail accounts |
EasyMarkets offer traders a choice of 4 Account types, Standard, Premium, VIP, and SuperVIP. Their minimum opening deposits are $100, $1 000, $2 500, $50 000 respectively. A demo account is also on offer. The trading platforms on offer are the MT4 and the easyMarkets web platform.
EasyMarkets trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
| Allows scalping | Demo account | Credit cards |
| Allows hedging | Micro account | Bank Transfer |
| Low min deposit | Mini account | Payoneer |
| Guaranteed stop loss | Standard account | Neteller |
| Offers Negative Balance Protection | Islamic account |
EasyMarkets offers award-winning customer service during market hours via live chat, email, fax, or telephone. EasyMarkets customer service is available in four languages namely English, Polish, Chinese, and Arabic.
XM
Min Deposit
USD 5
Regulators
FSC, CySEC, ASIC,
Trading Platform
MT4, MT5
XM operates with clients from over 196 countries and offers support in 30 languages. The main branch located in Cyprus is regulated by CySEC. 1.5 Million Traders and investors choose XM and its wide range of XM trading products on offer.
XM Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to a wide range of flexible funding methods | US clients are not accepted |
| Supports several trading strategies and styles with innovative technical indicators that can be used | Fixed spreads are not offered |
| Negative balance protection is provided | Inactivity fees are charged |
Traders can select the base currency of their preference from a large selection on offer. This range includes South African Rand (ZAR), Singapore Dollar (SGD), and other global currencies.
XM trading benefits
| 📊 Trading Features | 🔣 Accounts offered | 💰 Funding methods |
|---|---|---|
| Negative Balance Protection | Micro account | Wire Transfer |
| Low Spreads | Standard account | Credit/Debit |
| Low Commission | XM Zero account | Neteller |
| Hedging Allowed | Qiwi | |
| Scalping Allowed | WebMoney |
XM offers four main account types Micro account, Standard account, XM Ultra-Low Account, and Shares Accounts. Customer Support is available via live chat, email and phone.
Conclusion
If a trader makes use of Neteller as a payment method they will need a good forex broker which supports this method for both deposits and withdrawals.
Top 4 Brokers
