Neteller is a payment system provider based in the British Isle of Man and regulated by Financial Conduct Authority (reference number: 900015). It was founded in 1999. It is operated by Optimal Payments PLC, a company, which is publicly traded on London Stock Exchange. Neteller is very popular in the online gambling industry and also in Forex and binary trading. Its closest competitor is Skrill.
Here is the list of Neteller's top benefits that attract currency traders to this system:
As you can see, the main advantage of this payment system is being able to fund your trading account without incurring any intermediary fees. This is possible because with Neteller, only merchants pay fees; in case of FX trading, these merchants are brokerage companies.
Here is the short list of the Forex brokers working with Neteller:
To open account with Neteller, please visit https://www.neteller.com/.