Neteller is an e-wallet service that is accepted by most forex & CFD brokers, including many that are regulated by the Australian Securities and Investment Commission (ASIC). The service allows for quick and easy money transfers across borders, often at far cheaper transaction costs than traditional bank wire transfers. Neteller also has a card available for users who want to spend money directly from their e-wallet account, called the Net+ Card.
Neteller is owned by Paysafe Group Limited, which is the same company that also owns Skrill. This is a large British company that is overseen by the UK’s Financial Conduct Authority (FCA), and both Neteller and Skrill are thus considered to be reliable and safe payment services to use.