Forex Brokers Accepting Perfect Money

Perfect Money is a popular e-wallet system that offers a secure and convenient way to transfer funds online. It is an increasingly popular method for funding trading accounts due to its fast transaction processing speeds. Perfect Money is especially favoured in regions where conventional banking options are limited. Many brokers have recognised the benefits of accepting Perfect Money as a payment method, providing traders with flexibility. In this article, we will explore some of the best forex brokers that accept Perfect Money. We will do an analysis of their trading platforms, regulatory status, fees, and overall user experience. Let’s begin.

Why Choose Perfect Money?

Launched in 2007, Perfect Money has established itself as a reliable e-payment system. It allows users to make instant payments, securely store funds, and perform financial operations with minimal fees. Traders particularly appreciate its low transaction costs and high level of privacy. This is especially beneficial for those who wish to keep their trading activities discrete. Additionally, there are several other advantages that Perfect Money offers to its traders.

Key Advantages of Using Perfect Money

• Low Fees - Transactions via Perfect Money are generally low-cost compared to bank transfers or card payments.
• Global Accessibility - Perfect Money is widely accepted in regions where other payment methods may be restricted.
• Ease of Use - The user-friendly interface ensures that even beginners can navigate the platform easily.
• High-Security Standards - Perfect Money employs advanced security measures to protect user funds and data.
• 24/7 Access - You can access your Perfect Money account and perform transactions at any time.

These features make Perfect Money a popular choice for many traders, especially in countries where access to banking services may be limited or regulated. Now let’s take a look at some of the best brokers that accept Perfect Money.

FBS

FBS is a popular international broker that supports Perfect Money for deposits and withdrawals. When using this payment method, the processing time for deposits is instant and the limits are between $5 and $999,999. On the other hand, withdrawals typically are processed within 15 to 20 minutes but have a limit of 48 hours. The withdrawal limits when using Perfect Money are from $1 to $300,000. There other other payment systems that FBS supports including Crypto Payments, Credit and Debit cards, Bank Transfers, Skrill, Neteller, and FasaPay.

Notably, investors can trade in a wide variety of instruments on the FBS broker site. The instruments include CFDs on forex, indices, metals, energies, stocks, and crypto. They can be traded on platforms such as MetaTrader 4, MetaTrader 5 and an in-house mobile app FBS App. Further, the broker provides competitive spreads across all trading instruments. For Forex pairs, their spreads can be as low as 0.7 pips. 

Finally, FBS operates under the supervision of reputable financial regulators, including the CySEC, the ASIC, the FSCA and the FSC in Belize. 

72.68% of retail CFD accounts lose money

Exness

Exness supports Perfect Money as one of the payment methods traders can use to deposit and withdraw funds. To use this funding method, you must have a fully verified Exness account. There are other payment methods that traders can use including bank cards, other electronic payment systems, and local payment methods, depending on your region. The minimum deposit accepted by this broker is a low $10.

The broker is well-regulated by several known financial institutions around the world. These include the CySEC in Cyprus, the FCA in the UK, the FSA in Seychelles, and the FSCA in South Africa, among others. This regulatory status and the low entry point are some of the reasons why Exness is one of the biggest brokers in the world today.

Furthermore, the broker boasts a collection of over 250 trading instruments. They include CFDs on forex, indices, stocks, commodities, and cryptocurrencies. These instruments can be traded on MetaTrader 4, MetaTrader 5, Exness Trader app, and Exness Terminal.

There are 5 trading account types split into two categories Standard and Professional. The standard category includes standard and standard cent accounts while the professional category includes Pro, Zero, and Raw Spread accounts. The standard account offers a spread starting at 0.2 pips for major currencies and no commissions. However, the three professional accounts on Exness allow investors to trade with spreads starting at 0.0 pips, two of which charge a commission. Further, the broker offers its traders a cent account for investors who choose to trade with lesser currency values. The cent account offers commission-free spreads starting at 0.3 pips for major currencies. 

FP Markets

FP Markets is one of the most well-known brokers in the world. This broker supports Perfect Money alongside a plethora of other payment options. When using Perfect Money, the only supported currency is US Dollars and there is no fee charged on deposits. The processing time on deposits is instant for MT4/MT5 accounts and 1 business day for Iress accounts.

Once a trader makes a deposit, they gain exposure to more than 10,000 different market products. This includes CFDs on Forex, Indices, Shares, Commodities, Metals, Cryptocurrencies, Bonds, and ETFs. They can be traded on various trading platforms including MetaTrader 4, MetaTrader 5, Iress, TradingView, and cTrader.

The spreads charged by FP Markets depend on the account a trader is using. The standard account features spreads as low as 1.0 pips for major currency pairs with no commission. In contrast, the raw account has spreads that start from 0.0 pips but charges a commission of $3 per side per lot.

On another positive note, this broker is regulated by a variety of institutions around the world. These include the ASIC in Australia, the CySEC in Cyprus, the FSCA in South Africa, and the CMA in Kenya, among others.

72.92% of retail CFD accounts lose money

OctaFX

OctaFX is another reputable broker that supports Perfect Money as a deposit and withdrawal method. With OctaFX, traders can enjoy instant deposits and fast withdrawals using Perfect Money. The broker promises to process all withdrawals within 1-3 hours. Alongside Perfect Money, the broker also supports other e-wallets like Skrill and Neteller, credit cards, and cryptocurrencies. The minimum deposit required for trading on OctaFX is $25.

Favourably, this broker allows traders access to CFDs on forex currency pairs, indices, stock, cryptocurrencies, and commodities. The spreads offered by the broker are fairly low with all accounts having spreads from as low as 0.6 pips. The trading platforms available to use include MetaTrader 4, MetaTrader 5, and OctaTrader. 

Further, this broker has regulations from one of the top regulators in the market today. It operates under the regulation of the CySEC in Cyprus and the FSCA in South Africa.

RoboForex

RoboForex also supports Perfect Money, making it a great option for traders who prefer this e-wallet. Both deposits and withdrawals take up to 1 day to process. Additionally, both deposits and withdrawals charge a fee of 0.5% per transaction. While the minimum deposit to open an account is $10, traders can deposit as low as $5 using Perfect Money. On withdrawals, this payment method allows investors to withdraw as little as $0.1 at a time. Some of the other payment systems traders can use include credit and debit cards, local bank transfers, Astropay, Skrill, and Neteller.

RoboForex offers traders a variety of account options, including Prime, ECN, and Pro accounts. Each of these accounts comes with its own spread and commission structure. Accounts with ECN pricing, such as Prime, ECN, and R StocksTrader, offer floating spreads starting as low as 0.0 pips, with commissions varying based on the asset being traded. Traders can find detailed information on commissions for specific assets in the contract specifications. For those using the Pro and ProCent accounts, spreads start at 1.3 pips on major currency pairs, with no additional commission.

On another note, RoboForex grants investors access to a wide range of global markets, including forex, stocks, ETFs, metals, indices, cryptocurrencies, energies, and futures. To cater to diverse trader preferences, the broker supports several trading platforms, such as MetaTrader 4, MetaTrader 5, R StocksTrader, R MobileTrader, and R WebTrader. Additionally, RoboForex is regulated by the CySEC and the FSC in Belize.

FXTM

Next up, we have FXTM, another broker that accepts Perfect Money as a deposit and withdrawal method. The only two currencies supported by Perfect Money on FXTM are the US Dollar (USD) and the Euro (EUR). The processing time for deposits is instant while withdrawals take up to 24 hours to process. There is no minimum deposit or withdrawal amount when using this payment method on FXTM. However, FXTM has a minimum deposit of $200 to start trading. Some other payment methods include bank cards, other e-wallets, and bank wires. 

FXTM offers a wide variety of trading instruments to its clients. In total, there are more than 1,000 trading instruments. They include CFDs on forex currency pairs, metals, commodities, indices, forex indices, stocks, and stock baskets. The trading platforms available to use include MetaTrader 4, MetaTrader 5, and FXTM Trader, ensuring a seamless and professional trading experience.

On another note, there are three main trading accounts on FXTM. They include Advantage, Advantage Plus, and Advantage Stocks. The Advantage Stocks account is primarily for trading stocks and charges spreads as low as 6 cents of the base currency. The Advantage Plus account allows traders to access all trading instruments and has a spread as low as 1.5 pips for major currencies with no commission required. Finally, the Advantage account also features all trading instruments and has spreads from 0.0 pips plus a commission of $3.5 per side per lot on forex pairs.

Regulations are very important to consider when picking a broker to trade with. Luckily, FXTM operates under the regulation of the CySEC in Cyprus, the FCA in the UK, the CMA in Kenya, and the FSCA in South Africa. 

Final thoughts

Perfect Money has become a preferred payment method for forex traders worldwide due to a variety of benefits. It offers traders fast transactions, generally low fees, and ease of use. Positively, several reputable brokers accept Perfect Money for both deposits and withdrawals. The brokers listed in this article all support Perfect Money as a deposit and withdrawal option and offer a plethora of great features. Importantly, the payment method supported by a broker should not be the only consideration a trader should think about.

Whether you are a beginner or an experienced trader, you should be keen when choosing a broker. A trader should be on the lookout for a broker with strong regulations, quality trading conditions, and a wide collection of market products. With its quick and secure transactions, Perfect Money remains a solid option for those seeking ease of use and reliability in their forex trading.