FXOpen vs. NETELLER
Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.
Pros and Cons
Pros- Leverage up to 1:500.
- Trade on MetaTrader 4, 5 or TickTrader.
- All trading strategies allowed (ECN account).
- Account base currencies: USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, mBTC.
Cons- Withdrawal fees between 2.5% and 8.25% (depending on your deposit method), if you request a withdrawal before meeting minimum notional trading volume requirements.
- FXOpen is only regulated in Nevis.
Awards- High-quality order execution, 2018 - VerifyMyTrade
- Best Forex Broker Australia, 2011 - World Finance
- Best Trading Platform, 2010 - Falcon Award
- Pros
- Buy Bitcoin or other crypto-currencies.
- Easily send money to any email address.
- Deposit money with hundreds of Forex brokers.
- Spend or withdraw profits with a prepaid Mastercard.
- Cons
- 2.5% fee on deposits under US$ 20,000.
- Not suited for day trading because of its currency exchange fees.
- Monthly inactivity fee after 12 months.
Markets
| Asset classes | FXOpen ▷ | NETELLER ▷ |
| Forex (CFD) |  | NA |
|---|---|---|
| Cryptos (CFD) | | NA |
| Cryptos | NA | |
| Stocks (CFD) | | NA |
| Indices (CFD) | | NA |
| Metals (CFD) | | NA |
| Energy (CFD) | | NA |
| Asset classes (#) | FXOpen ▷ | NETELLER ▷ |
| Forex (CFD) | 51 | NA |
| Cryptos (CFD) | 43 | NA |
| Cryptos | NA | 9 |
| Stocks (CFD) | 100 | NA |
| Indices (CFD) | 10 | NA |
| Metals (CFD) | 2 | NA |
| Energy (CFD) | 3 | NA |
Trading platforms
| Trading platforms | FXOpen ▷ | NETELLER ▷ |
| MetaTrader 4 | | NA |
|---|---|---|
| MetaTrader 5 | | NA |
| cTrader |  | NA |
| Currenex | | NA |
| Copy trading | | NA |
| Mirror trading | | NA |
| Other platforms | TickTrader | NA |
| Operating systems | FXOpen ▷ | NETELLER ▷ |
| Web trader | | |
| Android | | |
| iOS | | |
Account funding
| Deposits and withdrawals | FXOpen ▷ | NETELLER ▷ |
| Bank transfer | | |
|---|---|---|
| Credit card | | |
| Debit card | | |
| Bitcoin | | |
| Bitcoin Cash | NA | |
| BPAY | NA | |
| DixiPay | | NA |
| FasaPay | | NA |
| NETELLER | NA | |
| paysafecard | NA | |
| Perfect Money | | NA |
| POLi | NA | |
| Przelewy24 | NA | |
| QIWI Wallet | | |
| Skrill | | |
| SorexPay | | NA |
| WebMoney | | NA |
| Yandex.Money | | |
| Account base currencies | FXOpen ▷ | NETELLER ▷ |
| AUD - Australian Dollar | | NA |
| CHF - Swiss Franc | | NA |
| EUR - Euro | | NA |
| GBP - British Pound | | NA |
| JPY - Japanese Yen | | NA |
| RUB - Russian Rouble | | NA |
| SGD - Singapore Dollar | | NA |
| USD - U.S. Dollar | | NA |
Regulators
| Company information | FXOpen ▷ | NETELLER ▷ |
| Company name | FXOpen NZ Limited | Paysafe Financial Services Limited |
|---|---|---|
| Head office | Auckland, New Zealand | London, UK |
| Incorporation date | 2005 | 1999 |
| Regulators | FXOpen ▷ | NETELLER ▷ |
| Australia | AFSL No. 412871 | NA |
| Nevis | Nevis No. C 42235 | NA |
| UK | FCA No. 579202 | FCA No. 900015 |
