Neteller on Quotex — Deposit & Withdrawal Guide
Neteller Quotex — At a Glance
| Feature | Detail |
|---|---|
| Minimum deposit | $10 USD |
| Maximum single deposit | $10,000 |
| Deposit time | Instant |
| Fees from Quotex | 0% |
| Fees from Neteller on deposit | 0-2.5% |
| Withdrawal time | 1-24 hours |
| Net+ Mastercard option | Yes — use balance like debit card |
| Country availability | 200+ countries (US restricted) |
Neteller vs Skrill — Which to Choose?
Both are owned by Paysafe Group and offer near-identical functionality for Quotex. Differences are mostly preferences.
| Feature | Neteller | Skrill |
|---|---|---|
| Owner | Paysafe Group | Paysafe Group (same) |
| Funding fees | Similar (0-2.5%) | Similar |
| Prepaid card | Net+ Mastercard | Skrill Card (limited countries) |
| Brand recognition | Heritage gambling/forex | Heritage gambling/forex |
| Currencies supported | 30+ | 40+ |
| VIP loyalty tier benefits | Yes (lower fees at high tiers) | Yes (similar) |
Setting Up a Neteller Account
- Step 1 — Go to neteller.com; click Join Now
- Step 2 — Enter email, password, country, name
- Step 3 — Verify email
- Step 4 — Upload ID (passport or national ID) for KYC
- Step 5 — Wait 24-48 hours for verification
- Step 6 — Fund Neteller via card, bank, or crypto
- Step 7 — Optional: order Net+ Mastercard (5-10 day shipping)
The Net+ Mastercard
Net+ is a prepaid Mastercard linked to your Neteller balance. Useful if you want to spend trading winnings directly without first withdrawing to bank. Order from Neteller account → choose card type (virtual or physical) → activate. Spend balance globally at any Mastercard merchant. ATM withdrawals possible (with fees). Useful for traders who want to use winnings for daily spending.
Neteller FAQ
Should I use Neteller or Skrill on Quotex?
Functionally identical for Quotex deposits/withdrawals — same parent company, same fee structures. Pick based on: (1) Which one you already have set up; (2) Net+ Mastercard if you want a prepaid card option (Neteller has wider availability); (3) Slightly more currencies on Skrill if you trade multiple FX pairs.
Is Neteller safe?
Regulated by FCA UK under Paysafe Group. Client funds segregated. Safer than offshore-only options. Same caveat as Skrill: Neteller doesn't insure against Quotex platform issues.
Can I withdraw to my Net+ Mastercard?
Quotex withdraws to your Neteller wallet, not directly to the Net+ card. Once funds are in Neteller wallet, you can use Net+ for purchases anywhere. The two-step (Quotex → Neteller → Net+) is automatic in a sense — funds in wallet are immediately usable via Net+.
Are there inactivity fees on Neteller?
Yes — if no logins for 12+ months, Neteller charges €5/month inactivity fee. Log in at least once per year to avoid. Standard for many e-wallets.
Can I have both Neteller and Skrill accounts?
Yes — they're independent accounts despite same parent company. Use them as needed. Some traders use Neteller for forex/binary deposits and Skrill for crypto activities (or vice versa) to keep records separate.
Does Neteller report my Quotex transactions to my country's tax authority?
No — Neteller doesn't proactively report individual transactions. However, Neteller is required by AML rules to retain records and could be subpoenaed by tax authorities. Declare profits properly to your country's tax authority regardless.
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Disclosure: Sign-up links on this page may earn us a commission at no extra cost to you. This does not affect the editorial accuracy of our content — payouts, methods, and platform features are reported as observed.