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EXNESS Cancels NETeller Payment Fees

May 02 2013
By
Forexbrokerz.com

The Russian broker EXNESS has been working on improving its services for a while now; during the past few months, the company reduced its spreads, introduced a number of new bonuses, began offering the Trading Central analytics software, and started tweaking its payment options. The latest news coming from EXNESS concern payments again: the broker is now canceling all deposit and withdrawal fees for NETeller transactions. 

 

NETeller is one of the most popular online wallets used by traders, along with Moneybookers/Skrill – in fact, popularity is not the only similarities between the two services. Frankly, I find it to be quite a neat service – deposits are instant, withdrawals are pretty fast, and all transactions are carried out in a secure environment. The thing I don't quite like about both NETeller and Skrill, though, is their fees, which tend to be a bit high – and I'm only talking about the fees for funding your e-wallet account; add to this any additional fees that your broker may charge, and your transaction costs jump through the roof. 
 
Fortunately, EXNES is now eliminating this (partially, at least), giving NETeller a competitive advantage over other payment options. According to the broker's rules, traders can deposit as little as $1 by NETeller, both deposits and withdrawals are free of charge. What's more, both deposits and withdrawals are instant, which is rare for the latter – it usually takes quite some time for a withdrawal request to be approved and processed. NETeller withdrawals, however, are automated, so there is no additional time required and you can hear “Ca-ching!” just a few minutes after deciding to cash out your profits. This is similar to the automated withdrawals offered by LiteForex, which we mentioned yesterday. 
 
NETeller supports payments in a 17 different currencies, such as US Dollar, Euro and Pound Sterling, as well as less popular currencies like Swedish Krona, Japanese Yen, Hungarian Forint, etc., so you can set up an account in your local currency to avoid unnecessary currency conversions and the costs associated with that. 
 
This is not the first payment option, for which EXNESS offers improved conditions – just a few months ago, Payweb users got the good news that the broker would be processing their withdrawals free of charge. Another broker that offers no-fee deposits is Hirose UK
 
 

About EXNESS

 
EXNESS is a Russian based broker that provides professional services to MetaTrader 4 (MT4) traders. The company prides itself on offering profitability, reliability and convenience to its clients.  Some of the perks of using EXNESS include minimum floating, leverage of up to 1:2000, minimal non-trading risks, flexible deposit and withdrawal options and competent customer support.
TAGS: EXNESS  forex broker  forex trading  deposit  withdrawal  NETeller  Moneybookers  Skrill  online payment 

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