Best Perfect Money Brokers 2024

Broker		Minimum Deposit	Leverage	MT4	MT5	Bonus	Review	Website
xChief		50$	1:500	✅	✅	up to 500$		www
XTB		0$	1:500	✅	❌			www
JustMarkets		1$	1:3000	✅	✅	30$		www
Exness		10$	1:2000	✅	✅			www
XM		5$	1:888	✅	✅	30$		www
RoboForex		10$	1:2000	✅	✅			www
FBS		1$	1:3000	✅	✅	70$		www
IC Markets		200$	1:500	✅	✅			www
eToro		50$	1:30	❌	❌			www
EasyMarkets		100$	1:500	✅	✅			www
IQ Option		10$	1:500	❌	❌			www
PocketOption		50$	1:1000	❌	❌	50%		www
Markets.com		100$	1:300	✅	✅	25$		www
Skilling		100$	1:500	✅	❌	up to $10000		www
FXCL		10$	1:500	✅	❌	115%		www
Libertex		100$	1:1000	✅	✅	100%		www
AMarkets		100$	1:1000	✅	✅			www
Vantage		200$	1:500	✅	✅	70%		www
InstaForex		1$	1:1000	✅	✅	100%		www
OctaFX		50$	1:500	✅	✅	50$		www
FXOpen		1$	1:500	✅	✅	10$		www
Tickmill		100$	1:500	✅	✅	30$		www
FreshForex		1$	1:2000	✅	✅	300%		www
NordFX		10$	1:1000	✅	✅			www
CMTrading		250$	1:500	✅	❌	50%		www
Weltrade		50$	1:1000	✅	✅	100%		www
Deriv		5$	1:1000	✅	✅			www
FXTM		10$	1:2000	✅	✅			www
Eightcap		100$	1:500	✅	✅			www
LiteFinance		50$	1:500	✅	✅			www
Naga		250$	1:500	✅	✅			www
GMI Markets		100$	1:500	✅	✅			www
GoFX		50$	1:500	✅	✅			www
MTrading		10$	1:1000	✅	❌	200%		www
Fortrade		100$	1:200	✅	❌			www
Forex4you		1$	1:1000	✅	✅	100%		www
Admirals		100$	1:500	✅	✅	100$		www
BDSwiss		100$	1:500	✅	✅			www
HF Markets		5$	1:1000	✅	✅			www
Bitget		10$	1:125	❌	❌			www
Forexee		10$	1:500	✅	✅			www
Coinexx		1$	1:500	✅	✅	100%		www
Axi		0$	1:500	✅	❌			www
Amega		1$	1:1000	✅	✅	150%		www
Land Prime		10$	1:2000	✅	✅			www
SimpleFX		0$	1:500	✅	❌	Up to 25% or 2500$		www
HYCM		100$	1:500	✅	✅			www
FiboGroup		50$	1:1000	✅	✅			www
Grand Capital		10$	1:500	✅	✅	40%		www
EagleFX		10$	1:500	✅	❌			www
LMFX		50$	1:1000	✅	❌			www
MeeFX		50$	1:500	✅	❌			www
Bitazza		50$	1:100	❌	❌			www
Fullerton Markets		100$	1:500	✅	✅			www
Alpari		5$	1:1000	✅	✅			www
ActivTrades		100$	1:400	✅	✅			www
BlackBull		200$	1:500	✅	✅			www
KCM Trade		50$	1:500	✅	✅			www
BitPanda		1$	1:500	❌	❌			www
FP Markets		100$	1:500	✅	✅			www
FXGlory		1$	1:3000	✅	✅	50%		www
IFC Markets		1$	1:400	✅	✅			www
IronFX		50$	1:1000	✅	✅			www
FX Giants		100$	1:1000	✅	❌	50$		www
360Capital		200$	1:500	✅	✅			www
TradersWay		10$	1:1000	✅	✅	100%		www
orbex		200$	1:500	✅	✅			www
WorldForex		1$	1:1000	✅	✅	10$		www
N1CM		10$	1:500	✅	✅	35%		www
Pepperstone		200$	1:500	✅	✅			www
Taurex		100$	1:500	✅	✅			www
TMGM		100$	1:500	✅	✅	30%		www
GoMarkets		200$	1:500	✅	✅	50%		www
FusionMarkets		10$	1:500	✅	✅			www
FXGT		50$	1:500	✅	✅	100%		www
CPT Markets		50$	1:500	✅	✅			www
CWG Markets		50$	1:500	✅	✅	100%		www
SabioTrade		250$	1:300	❌	❌			www
Exnova		50$	1:300	✅	✅			www
QuadcodeMarkets		200$	1:500	✅	✅			www
FXView		100$	1:400	✅	✅	100%		www
T4Trade		50$	1:500	✅	✅	100%		www
DooPrime		100$	1:500	✅	✅	20%		www
FXDD		250$	1:500	✅	✅			www
Accuindex		100$	1:500	✅	✅	30%		www
Trade Nation		0$	1:200	✅	❌			www
MultiBank Group		50$	1:500	✅	✅	25%		www
ACY Securities		50$	1:500	✅	✅	60%		www
EC Markets		200$	1:500	✅	✅			www
VT Markets		200$	1:500	✅	✅	50%		www
Startrader		50$	1:500	✅	✅	70%		www
Ultima Markets		100$	1:500	✅	❌	70$		www
Squared Financial		100$	1:500	✅	✅	100%		www
TeleTrade		100$	1:500	✅	✅	100%		www
FXCC		100$	1:500	✅	❌	100$		www
SpreadEX		1$	1:200	❌	❌			www
TopFX		100$	1:500	✅	✅	100%		www
Axiory		50$	1:400	✅	✅			www
Funding Traders		50$	1:500	✅	✅			www
TIO Markets		50$	1:200	✅	✅			www
PlexyTrade		200$	1:500	✅	✅	120%		www
FTMO		100$	1:100	✅	✅			www
Purple Trading		100$	1:500	✅	❌			www
PaxForex		10$	1:500	✅	❌	100%		www
Hankotrade		10$	1:500	❌	❌	100%		www
FirewoodFX		10$	1:1000	✅	❌	88%		www
AccentForex		50$	1:500	✅	❌	75%		www
Olymptrade		10$	1:500	✅	✅	50%		www
ExpertOption		10$	1:500	❌	❌	50%		www
Quotex		10$	1:500	❌	❌	30%		www
CryptoRocket		10$	1:500	✅	✅			www
Traders Trust		50$	1:500	✅	❌	75%		www
Yadix		100$	1:500	✅	❌	50%		www
BKFX		50$	1:500	✅	❌	30%		www
Investizo		50$	1:500	✅	❌			www
XBTFX		10$	1:500	✅	✅	25%		www
GANN Markets		100$	1:500	✅	✅	40$		www
PrimeBit		50$	1:200	✅	❌	$80		www
Switch Markets		100$	1:500	✅	✅	100%		www
Opofinance		50$	1:500	✅	✅			www
MarketsVox		50$	1:500	✅	✅	100%		www
Gerchik & Co		100$	1:500	✅	✅	100%		www
CapitalXtend		100$	1:500	✅	✅	30%		www
VPFX		200$	1:500	✅	✅			www
Varianse		100$	1:400	✅	❌	10%		www
PU Prime		50$	1:500	✅	✅	50%		www
INGOT Brokers		100$	1:500	✅	✅			www
Global Prime		200$	1:200	✅	✅			www
CXM Direct		10$	1:500	✅	✅			www
AZA Forex		50$	1:500	✅	✅	120%		www
KOT4X		50$	1:500	✅	❌	100%		www
Crystal Ball Markets		50$	1:500	✅	✅			www
Errante		50$	1:500	✅	✅	30%		www
DeltaFX		200$	1:500	✅	✅	50%		www
CFI Financial		100$	1:500	✅	✅			www
ThinkMarkets		0$	1:500	✅	✅			www

Top Brokers Accepting Perfect Money

When it comes to trading and investing, choosing the right broker is crucial.

For many traders, the ease of depositing and withdrawing funds is a key factor in their decision-making process.

Perfect Money is a popular e-wallet system that provides a secure and efficient way to handle online transactions.

In this article, we’ll delve into the details of brokers accepting Perfect Money, exploring their benefits and drawbacks, and providing useful insights for those considering this payment method.

Understanding Perfect Money

Perfect Money is an electronic payment system founded in 2007, designed to facilitate secure, instant, and efficient financial transactions.

It is widely used for online payments, currency exchanges, and as a method for depositing and withdrawing funds from online trading accounts.

Key Features

• Security: Perfect Money employs advanced security measures, including encryption and identity verification, to protect users’ funds.
• Speed: Transactions are processed quickly, making it convenient for those who need to deposit or withdraw funds promptly.
• Global Reach: This payment method is available in many countries, allowing users worldwide to take advantage of its services.
• Versatility: The platform supports multiple currencies, including USD, EUR, and cryptocurrencies, providing flexibility for users.

Why choose brokers that accept Perfect Money?

Selecting trading firms that accept Perfect Money offers several advantages.

Here, we break down the key reasons why many traders favor this payment method.

Advantages

Disadvantages

Factors to consider when choosing a Broker

When selecting a broker that accepts Perfect Money, many factors should be considered to ensure you make the best choice for your trading needs.

Regulatory Compliance

Ensure that the broker is regulated by a reputable financial authority.

Regulatory oversight provides a level of protection for your investments and ensures the company adheres to industry standards.

Trading Platforms

The quality and usability of the trading platform are crucial.

Look for brokers that offer user-friendly, reliable, and feature-rich platforms to enhance your trading experience.

Customer Support

Effective customer support is essential for resolving issues and providing assistance when required.

Select those that offer responsive and knowledgeable support teams.

Fees and Commissions

Compare the fees and commissions charged by different firms.

Lower costs can significantly impact your overall profitability, especially for frequent traders.

Educational Resources

Companies that offer educational resources, such as webinars, tutorials, and market analysis, can help you strengthen your trading skills and make informed decisions.

Complete Table of Brokers Accepting Perfect Money

To help you select the best broker for your needs, we’ve compiled a comprehensive table of companies accepting Perfect Money.

This table includes key features, regulations, and other important details to assist in your decision-making process.

Detailed analysis of Key Brokers

FBS

FBS is a well-known broker that offers a wide range of trading instruments and account types.

It is regulated by the IFSC and CySEC, ensuring a high level of security and transparency.

FBS is popular for its extensive educational resources and multiple trading platforms, making it a suitable choice for both novice and professionals.

RoboForex

RoboForex offers competitive spreads and 5 account types, including cent accounts that are ideal for beginners.

It is regulated by the IFSC, providing a secure trading environment.

RoboForex is known for its extensive market analysis tools and robust customer support.

LiteFinance

LiteFinance is regulated by the CySEC, offering ECN accounts and social trading features.

The broker provides advanced trading platforms and diverse educational resources, making it an excellent choice for traders looking to leverage social trading networks.

EasyMarkets

EasyMarkets is regulated by CySEC and ASIC, offering fixed spreads and innovative trading tools.

The broker provides robust risk management features, including negative balance protection, making it a secure and reliable choice.

InstaForex

InstaForex is regulated by CySEC and offers a wide range of trading instruments, including PAMM accounts and various bonus programs.

The company provides comprehensive market analysis and advanced trading tools, catering to users of all levels.

OctaFX

OctaFX is regulated by the CySEC and is known for its low spreads and various account types.

The broker offers extensive educational resources and competitive commissions, making it a popular choice among traders.

FreshForex

FreshForex offers no deposit bonuses and fixed spreads, making it attractive to new clients.

Although unregulated, it provides robust market analysis and various trading bonuses to enhance the trading experience.

NordFX

NordFX offers high leverage and fixed spreads, regulated by VFSC.

The broker provides comprehensive market analysis and bonus programs, making it a suitable choice for traders looking for high leverage options.

Weltrade

Weltrade offers low spreads and multiple account types, regulated by IFSC.

It provides 24/7 customer support and comprehensive educational resources, ensuring a supportive trading environment.

FXTM

FXTM is regulated by multiple authorities, including FCA, CySEC, and FSCA.

It offers flexible leverage and low spreads, with extensive market analysis and diverse educational resources, making it a reliable choice for traders.

Fullerton Markets

Fullerton Markets offers high leverage and ECN accounts, although unregulated.

The broker is known for personalized customer service and multiple funding options, providing a tailored trading experience.

Alpari

Alpari is regulated by FSA and offers PAMM accounts and diverse trading instruments.

The company provides educational resources and market analysis, catering to traders at all levels.

FXGlory

FXGlory offers high leverage and various account types, although unregulated.

This firm provides free VPS and robust customer support, ensuring a smooth trading experience.

IronFX

IronFX is regulated by multiple authorities, including FCA, CySEC, and ASIC.

It offers multiple account types and competitive spreads, with comprehensive educational resources and market analysis.

FX Giants

FX Giants offers high leverage and multiple trading platforms, regulated by FCA and ASIC.

This broker provides extensive market research and educational resources, making it a strong choice for informed trading.

WorldForex

WorldForex offers high leverage and diverse account types, although unregulated.

The company provides competitive spreads and robust customer support, ensuring a reliable trading environment.

N1CM

N1CM offers high leverage and low spreads, although unregulated.

The broker provides multiple trading platforms and various account types, catering to diverse trading needs.

FXGT

FXGT offers high leverage and bonus programs, regulated by VFSC.

The firm provides 24/7 client support and advanced trading platforms, ensuring a supportive trading environment.

CPT Markets

CPT Markets offers low commissions and diverse trading platforms, regulated by FCA.

The company provides free market analysis and professional support, making it a reliable choice.

FXView

FXView offers tight spreads and multiple account types, regulated by CySEC.

It provides advanced trading tools and competitive commissions, ensuring a comprehensive trading experience.

FXDD

FXDD offers competitive pricing and diverse account types, regulated by MFSA.

This company provides comprehensive educational tools and 24/5 support, catering to users at all levels.

EC Markets

EC Markets offers competitive spreads and advanced trading tools, regulated by FCA.

The broker provides comprehensive educational resources, making it a suitable choice for informed trading.

TeleTrade

TeleTrade offers fixed spreads and high leverage, regulated by CySEC.

It also provides robust educational resources and comprehensive market analysis, ensuring a supportive trading environment.

FXCC

FXCC offers tight spreads and ECN/STP trading, regulated by CySEC.

The broker provides advanced trading platforms and no deposit fees, ensuring a cost-effective trading experience.

Axiory

Axiory offers low spreads and multiple account types, regulated by IFSC.

The firm provides MT4/MT5 platforms and copy trading, catering to diverse trading needs.

PaxForex

PaxForex offers micro accounts and flexible leverage, although unregulated.

The company provides low spreads and comprehensive educational resources, making it suitable for beginners.

Hankotrade

Hankotrade offers high leverage and tight spreads, although unregulated.

It provides 24/5 customer support and various account types, ensuring a comprehensive trading experience.

FirewoodFX

FirewoodFX offers micro accounts and flexible leverage, although unregulated.

This firm provides fixed spreads and 24/5 customer support, ensuring a reliable trading environment.

AccentForex

AccentForex offers ECN accounts, micro accounts, and tight spreads, regulated by IFSC.

The broker provides 24/5 support and various account types, catering to diverse trading needs.

Switch Markets

Switch Markets offers tight spreads and multiple account types, regulated by ASIC.

The company provides advanced trading tools and 24/5 customer support, ensuring a comprehensive trading experience.

Security measures

One of the significant concerns for online traders is the security of their funds and personal information.

Perfect Money employs various security measures to protect its users.

Two-Factor Authentication (2FA)

Perfect Money supports 2FA, adding an extra layer of security by requiring users to provide a second form of identification during the login process.

Identity Verification

To prevent fraud and ensure compliance with regulations, it requires users to verify their identity through a detailed verification process.

Data Encryption

All transactions and data transfers are encrypted using advanced encryption protocols, safeguarding users’ information from unauthorized access.

Anti-Fraud Measures

Perfect Money has robust anti-fraud systems in place to detect and prevent suspicious activities, ensuring the safety of users’ funds.

How to Deposit Funds Using Perfect Money

1. Create a Perfect Money Account: If you don’t already have an account, visit the website and sign up.
2. Verify Your Account: Complete the verification process to ensure the security of your transactions.
3. Choose a Broker: Select a firm from the comprehensive list provided above.
4. Navigate to the Deposit Section: Log in to its platform and go to the deposit section.
5. Select Perfect Money: Choose it as your preferred deposit method.
6. Enter Deposit Amount: Specify the amount you wish to deposit.
7. Complete the Transaction: Follow the on-screen instructions to complete the transaction. Your funds should be available almost instantly.

How to Withdraw Funds Using Perfect Money

1. Log in to the Platform: Access your trading account.
2. Navigate to the Withdrawal Section: Go to the withdrawal section on the platform.
3. Select it: Choose Perfect Money as your withdrawal method.
4. Enter Withdrawal Amount: Specify the amount you wish to withdraw.
5. Confirm the Transaction: Follow the on-screen instructions to complete the withdrawal. The funds will be transferred to your account.

Comparison with other Payment Methods

Perfect Money vs. Skrill

Perfect Money vs. PayPal

Tips for choosing the right Broker

1. Check Regulatory Compliance: Ensure the company is regulated by a reputable financial authority.
2. Evaluate Trading Platforms: Choose brokers with reliable, user-friendly trading platforms.
3. Assess Customer Support: Opt for those with responsive and knowledgeable support teams.
4. Compare Fees and Commissions: Select firms with competitive fees to maximize your profitability.
5. Review Educational Resources: Choose companies that offer extensive educational materials and market analysis.

Market analysis and insights

Current Trends in Online Trading

1. Increased Adoption of E-Wallets: More traders are using e-wallets like Perfect Money for their convenience and security.
2. Growth of Cryptocurrency Trading: The rise in cryptocurrency trading has led to more brokers accepting digital payment methods.
3. Focus on Security: Enhanced security measures are becoming a priority for companies to protect users’ funds and data.

Future Predictions

1. Expansion of E-Wallet Services: E-wallets will continue to expand their services and reach, offering more features and better accessibility.
2. Regulatory Changes: Ongoing regulatory changes may impact the availability and use of certain payment methods in various regions.

Troubleshooting and common issues

Common Issues

1. Account Verification Delays: Sometimes, the verification process may take longer than expected.
2. Transaction Errors: Errors during transactions can occur due to incorrect details or connectivity issues.
3. Geographical Restrictions: Certain regions may have restrictions on using Perfect Money.

Solutions

1. Contact Support: Reach out to Perfect Money or your broker’s support team for assistance with verification delays or transaction errors.
2. Double-Check Details: Ensure all details are correct before submitting a transaction to avoid errors.
3. Use VPN: If you face geographical restrictions, consider using a VPN to access services.

Glossary of terms

Common Trading Terms

• ECN Account: An Electronic Communication Network (ECN) account allows traders to interact directly with other market participants, offering tighter spreads and faster execution.
• PAMM Account: Percentage Allocation Management Module (PAMM) accounts let investors allocate funds to be managed by experienced traders.
• Leverage: The use of borrowed capital to increase the potential return of an investment.
• Spread: The difference between the bid (buy) and ask (sell) price of a trading instrument.
• Margin: The amount of capital required to open and maintain a trading position.
• E-Wallet: A digital wallet used for online transactions, storing payment information securely.
• 2FA (Two-Factor Authentication): An additional layer of security requiring two forms of identification before accessing an account.
• Encryption: The process of converting data into a secure format to prevent unauthorized access.

Conclusion

Brokers accepting Perfect Money offer a range of benefits for traders, from instant transactions to enhanced security features.

However, it’s essential to weigh these advantages against potential drawbacks such as limited availability and verification requirements.

By considering factors like regulatory compliance, trading platforms, customer support, and fees, you can select a broker that aligns with your trading needs and preferences.

In the ever-evolving world of online trading, staying informed and making careful decisions will help you navigate the market successfully.

Whether you’re a seasoned trader or just starting, choosing the right company and payment method can significantly impact your trading experience.

Frequently Asked Questions

Resources

• Perfect Money Official Website
• Perfect Money fees
• Google Play App
• Perfect Money on the App Store

Customer Reviews

Article written, edited and reviewed by

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
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Currently Emily's holding the senior editor crown, keeping tabs on content from our awesome team.

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Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
Back in the day, he schooled at Belmont Hill School in Belmont, MA. Then, he took a swing at Harvard College, bagging a BA degree in economics. And that wasn't enough for him – he also nailed an MBA from Harvard Business School in '98.
But hold on, there's more to this financial nerd.
Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
Oh, and did we mention? He's the manager of Brokfolio's website and an expert in online brokers. So, if you're diving into the world of trading, Andrew's your go-to guy.
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Last updated: September 5, 2024