Together with PayPal and Skrill, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for funding trading accounts. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
A Neteller account is completely free to open. Once opened, the account can be used to easily send money to a forex broker via a credit card or by using money already held in the Neteller online account. Processing fees for funding accounts with Neteller varies by the broker, but some brokers still offer the service free of charge.