Just like its affiliated company Skrill, Neteller is also almost universally accepted by high leverage forex brokers, no matter where they are located. Neteller offers fast and cheap transfers over the Internet, and as with other e-wallet services, payments can be made with a bank card or by spending money held in various currencies in the user’s online Neteller account.
Neteller is not only used by high leverage forex brokers, but is also popular among other e-commerce websites, particularly in Europe. A Neteller account is free to open, and transfers are usually processed by brokers either for free or for a very reasonable fee. The company is based in the UK and is authorized to operate by the Financial Conduct Authority (FCA).