Forex Brokers with Perfect Money

Category: Broker Guides | Author: Trading Brokers | Date: December 8, 2022

Perfect Money is an electronic payment method that is very popular worldwide. You can use this convenient online payment method to top up your forex account when using a forex broker that supports Perfect Money. The Perfect Money system delivers rapid transaction speeds without the conservative measures that banks can implement. This means that clients can enjoy a quick, yet highly secured payment method with low-cost fees.

What is Perfect Money?

Originally registered in Panama, the Perfect Money network was established in 2007. It was initially created as an electronic payment system for non-cash payments and online settlements to become a secure tool for users all around the world.

Users can deposit or withdraw their funds from their e-wallet with Perfect Money who accept deposits and withdrawals via bank wire transfer, crypto, credit and debit cards including Visa and Mastercard, as well as Perfect Money e-vouchers and prepaid cards. The system also offers a built-in Bitcoin wallet, a currency changer service and a handy mobile app.

What are Perfect Money forex brokers?

If it wasn’t already obvious from the name, forex brokers with Perfect Money allow you to make deposit and withdrawals using the Perfect Money online payment processor. This means that you can trade forex with funds in your Perfect Money account that may come from various different sources.

Why use a forex broker with Perfect Money?

With a Perfect Money account and supported Perfect Money broker, you are always ready to react to the forex market quickly. You can get quick and easy access to your fund which is important if there is some financial news that you want to try and capitalise on without delay. If you were to wait around days for a bank transfer to clear, you may have already missed the opportunity by the time the funds have landed.

Can I use Perfect Money for forex trading?

Yes, you can use your Perfect Money account for trading forex by transferring funds to your trading account with a compatible Perfect Money broker. You can move funds instantly and efficiently to popular forex brokers in order to trade forex online.

How to choose a Perfect Money forex broker?

Well, first you need to establish that the broker accepts Perfect Money. Once you have done that, you might want to confirm that they are regulated by a top-tier financial regulator such as the FCA, ASIC or CySEC. Following on from that, some of the most important things to consider include the trading platforms, financial instruments, commission fees, spreads, account types, execution policy, educational content, trading tools, other funding options and customer support.

Who are the best forex brokers that accept Perfect Money?

We have reviewed and tested hundreds of forex brokers over the years, some better than others. Here you can see a list of our best forex brokers with Perfect Money payments as an option for moving funds in and out of your forex account. Just keep in mind that Perfect Money might not be supported in all counties and there can be some limitations on the amount that you will able to transfer.

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.
XM Group Review

ASIC, CySEC, DFSA, IFSC

$5

2009

1:888

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.
FP Markets Review

ASIC, CySEC, FSCA, SVGFSA

$100

2005

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.
RoboForex Review

IFSC

$10

2009

1:1000

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
4.
FXTM Review

CySEC, FCA, FSC, FSCA

$10

2011

1:300

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.
HYCM Review

CIMA, CySEC, DFSA, FCA

$100

1998

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
6.
easyMarkets Review

ASIC, BVIFSC, CySEC, FSA

$100

2001

1:400

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
7.
Fusion Markets Review

ASIC, VFSC

$1

2017

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
8.
FXOpen Review

ASIC, FCA

$1

2005

1:500

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
9.
FXChoice Review

IFSC

$100

2010

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
10.
Alpari Review

FSC, SVGFSA

$5

1998

1:1000

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Perfect Money pros & cons

Pros

  • Cost-efficient fees
  • Various ways to deposit or withdraw funds
  • Reliable and trustworthy
  • Can be used in most countries
  • Supports a good range of currencies
  • All transactions are done instantly
  • Highly secure anti-fraud process

Cons

  • Not many brokers support Perfect Money
  • You will need a Perfect Money account
  • Transaction and conversion fees

Conclusion: do I need a Perfect Money forex broker?

If you want to make a deposit into your forex account using Perfect Money, then you will need a trading account with a Perfect Money forex broker. There aren’t that many to choose from but if it is a deal breaker for you, there are still some good options out there. Just make sure that you consider other important factors such as if the broker is regulated along with the whole range of products and services that they offer to ensure they can meet your individual needs. You can also see our guides on PayPal brokers, Skrill brokers, Neteller brokers, WebMoney brokers and Payoneer brokers for other forex account funding methods.


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