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Perfect Money is the solution to the new generation’s payment issues. This is an internet payment system that allows its users to make instant payments. The features and characteristics of this platform aim to attract traders to trust their funds with this platform and start their trading adventures with it. This article highlights a list of Forex brokers who accept funds from Perfect Money and are best for trading. 

This guide has listed 10 forex brokers who offer funding through Perfect Money. We have also reviewed a few of these brokers for better understanding. This guide will explain the entire process of depositing the money and starting your forex trading with these brokers. 

Best Perfect Money Forex Brokers 2021 List

Here we are with the list of best Perfect Money forex brokers 2021. This list will help you decide which forex brokers are better and it will further give you a kickstart in your trading journey. 

  • eToro – Overall Best Perfect Money Forex Broker
  • Capital.com – Best Perfect Money Forex Broker with excellent customer service
  • Avatrade – Best Perfect Money Forex Broker with $100 minimum deposit
  • VantageFX – Best Perfect Money Forex Broker with no withdrawal fee
  • Pepperstone – Best Perfect Money Forex Broker with low spreads
  • Liteforex – Best Perfect Money Forex Broker for different financial instruments
  • Alpari – Best Perfect Money Forex Broker with easy to use platform
  • Exness – Best Perfect Money Forex Broker with amazing educational tools
  • Roboforex – Best Perfect Money Forex Broker for free deposit and withdrawals

Top Forex Perfect Money Forex Brokers Reviewed

1. eToro – Overall Best Perfect Money Forex Broker

etoro logo

eToro is our overall top choice for Perfect Money. This broker account has the most features that help forex traders. With over 17 million users, it has gained popularity and a great reputation. Etoro offers unique features with a user-friendly interface. The functionality is advanced yet easy to use. 

The eToro CopyTrade helps you use the most advanced and effective social trading tools which are very similar to other social networks. This allows you to choose any investor of your choice and automatically copy all the trades of that investor. 

This broker gives you access to shares, commodities, indices crypto, and ETFs. eToro is very safe and secure because it is regulated by agencies like FCA, ASIC, and CySEC. This is one o the best options for trading. 

Pros

  • Unlimited demo account 
  • User-friendly trading platform 
  • CopyTrade Tool 
  • Accepts a variety of payment methods

Cons 

  • No forex signal service

67% of retail investors lose money trading CFDs at this site

2. Capital.com – Best Perfect Money Forex Broker with excellent customer service

capital.com reviewCapital.com is also a well-known secure platform for traders. This broker has a great in-house trading platform with a huge range of over 4000 assets. This includes  201 cryptocurrency pairs and 138 forex pairs. This is also popular for the best low-spread forex brokers with no management fee. 

Another significant feature of Capital.com is that through this you get access to the world’s first trading platform that uses Artificial Intelligence technology. This technology is used to identify trading insights. Users can check out several useful and innovative trading tools in this feature. 

Pros

  • Regulated by the FCA and CySEC 
  • A low minimum deposit requirement of $20
  • Wide range of features and tools 

Cons 

  • The transfer process can be a little slow
 

67.7% of retail investor accounts lose money when trading CFDs with this provider

3. AvaTrade – Best Perfect Money Forex Broker with $100 minimum deposit

avatrade brokerAvaTrade is like an all-rounder because of the wide range of tools and features that it has to offer. There are specific tools that benefit intermediate and professional forex traders. This broker offers two advanced trading platforms and another platform that is dedicated to FX options. 

AvaTrade is very safe and secure because it is heavily regulated across 7 jurisdictions. These reasons make AvaTrade one of the best forex brokers on this list that accepts Perfect Money and provide security to its users. 

Pros 

  • No withdrawal or deposit fee 
  • Regulated  by 7 jurisdictions 
  • Range of platforms 

Cons 

  • Inacitivty fees are applicable

71% of retail investor accounts lose money when trading CFDs with this provider

4. VantageFX – Best MoneyGram Forex Broker with no withdrawal fee

vantagefx logoVantage FX has gained popularity in the field of ECN forex brokers. This platform has a variety of ECN accounts which makes it popular in the entire world. This Australian platform allows users to make deposits through bank accounts or MasterCard. 

To start trading through VantageFX, you need to deposit at least $200. This is the minimum amount that you need to deposit before you can start everything. This platform also supports MetaTrader 4 and MetaTrader 5 which benefits the traders. 

Pros

  • Low fee and zero spreads
  • No deposit or withdrawal fees 
  • An ECN/STP forex broker

Cons 

  • A limited selection of assets
  • No social trading tools

Your capital is at risk when trading financial instruments at this provider

What is Perfect Money?

The main aim of Perfect Money is to bring the transactions on the internet to a level that attracts more users. Perfect Money aspires to offer its users an amazing platform that can solve all their transaction and trading issues. Moreover, their target is to keep the money safe and secure so that the users can trust the platform.   

The major features of Perfect Money include performing money transfers between members, receiving payments in various business projects, buying Bitcoin, Gold Metal, USD, and EUR currency online, and a lot more. 

The average variable cost per transaction is 1.9% and the average fixed cost per transaction is zero. Another thing that makes it popular is that it is accepted in all the countries of the world. There is no location barrier when it comes to using perfect Money. 

Why Choose a Perfect Money Broker?

Perfect Money is an easy-to-use internet platform and with its growing network, people have started to switch to this method of trading forex. The features and services offered by Perfect Money pull people to opt for this service and enjoy smooth and secure trading. 

If you are thinking about using Perfect Money then this will help you understand why Perfect Money is one of the best options available. 

Flexible 

Perfect Money is significantly popular because of its flexibility. It is flexible in the terms of the kind of currencies it accepts. Users choose this because it supports cryptocurrencies and fiat. 

Top-level flexibility is assured by Perfect money because of its resistance toward macro-economic fluctuations and changes in currency rates and metal. This ensures the security of the funds against any ups and downs in the industry or economy. 

Security 

Several security procedures are applied and used by Perfect Money. The trader who registers and makes their accounts on this platform have to go through an identity check and KYC approval procedure. 

This company also uses SMS authentication to make the verification error-free. This prevents unauthorized access to your account and user ID. This also sends a unique code to your email address to confirm the transaction. This will secure your funds and no fraudulent activity can take place. 

It further secures your funds in case of password recovery. In this recovery process, Perfect Money will ask for your ID proof and a copy of the identity document to reset the password. At your end, you need to make sure that you don’t share your ID or any identity proof document with anyone. 

Range of Funding Methods

Having a variety of payment methods is essential for traders and having a platform that accepts these is also integral. Perfect Money accepts deposits and withdrawals through bank wire transfers, credit and debit cards including Visa and Master, Bitcoin, as well as prepaid cards and e-vouchers. 

This makes things very simple and quick for the users. It is because a range of funding methods available on Perfect Money motivates people to choose this platform for their trading purposes. They have so many alternative options that they can go with any option that is feasible to them and they can change it anytime they want. 

These are some of the reasons that people choose Perfect Money. These reasons are very solid because all these aspects impact the decision of a trader. Perfect Money has gained popularity because of these reasons too.

How to Use Perfect Money to Trade Forex

Step 1: Sign Up With eToro

Go to eToro’s website in your browser. You will see a “Join Now” button, click on that button to start your registration process. For you to create an account, you need to provide your username, valid email, and a strong password. After you have provided all these things, you need to accept and acknowledge all the terms and conditions of eToro. Once you have done this, click on the Create Account option. If you choose to do this process through the eToro app then the procedure is the same.

etoro sign up

67% of retail investors lose money trading CFDs at this site

Step 2: Account Verification

For account verification, you need to move to the next step. Verification is important to keep your funds safe. You will be doing this by completing the requirements of KYC. In this verification process, you have to give proof of your original personal ID and address. This process will take a couple of minutes and you will be verified by eToro.

Step 3: Make A Deposit With Perfect Money 

The next step is to put your money into this. You will be depositing money with Perfect Money. For this procedure, you will go to the “Fund My Account” option that is there on eToro. after that add the amount that you wish to deposit. As mentioned earlier minimum deposit in eToro is $200 for non-US traders and $50 for US traders. Once you have chosen Perfect Money as your payment method. You will be redirected to the website of Perfect Mooney to further complete your processing. 

Step 4: Start Trading Forex

Lastly, after you are done with adding perfect money under your payment method and you are done with your deposit then you can move on to the next step. Now you can get access to the Forex market through the web or eToro website. Now you have to find a currency pair that you wish to trade. After doing that you can set your order and click on “Open Trade.”

etoro forex trading

Conclusion 

To sum up, Money Perfect is an exceptional online payment system that can be used to fund your forex account and help you with trading. Due to low fees and security, this becomes a perfect fit for your trading. 

If you have finally decided to use perfect Money’s platform then the best broker on our list is eToro. eToro seems to be the best option available for trading forex through Perfect Money. It provides you with great security options, a range of assets, social trading tools, and most importantly a friendly interface. There are no technicalities in using this platform. 

Other than that this article has all the other options available and you choose what suits you the most.

67% of retail investors lose money trading CFDs at this site

FAQs

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