WebMoney Transfer is a global settlement system and environment for online business activities, established in 1998. Since then, over 30 million people from all over the world have joined the system.
WebMoney transactions do not require a credit card or bank account, and any user can get a WebMoney “purse” to pay fro may services and products nowadays. Receiving webmoney,also known as “WMZ” (for US currency) from someone is free; sending WebMoney to other accounts incurs a 0.8% fee, or a minimum of 50 WMZ.
If you don’t have a WebMoney account, you can always get one at WebMoney official website.
Funding a Forex account with WebMoney has certain benefits:
– instant money transfer – convenient for traders as well as Forex brokers: when you make a deposit, it’s credited to your Forex trading account very fast,and when you withdraw you’ll get the money fast as well.
– it add extra layer of convenience & privacy, since you don’t share credit/debit card information with your Forex broker.
– if you have a business which earns WMZ for you, it’s convenient to pay in WMZ to a broker.
– very low money transfer fees also contribute to the above advantages. In addition, there are Forex brokers who will refund your expenses with WebMoney when you make a deposit.
Broker | Minimum Deposit | Maximum Leverage | WebMoney Deposit | WebMoney Withdrawal |
---|---|---|---|---|
1BillionForex | $5 | 500:1 | yes | yes |
24FX | $250 | 400:1 | yes | yes |
4XNetworks | $1 | 1000:1 | yes | yes |
5StarsForex | $500 | 500:1 | yes | yes |
AAFX Trading | $50 | 2000:1 | yes | no |
AccentForex | $10 | 500:1 | yes | yes |
AFX Capital | $20 | 500:1 | yes | yes |
AGEA | $500 | 500:1 | yes | yes |
AGM Markets | $250 | 200:1 | yes | yes |
AL Trade | $200 | 200:1 | yes | yes |
Alpari | $1 | 500:1 | yes | yes |
AmigaFX | $50 | 400:1 | yes | yes |
ACFX | $50 | 500:1 | yes | yes |
ATS Markets | $50 | 500:1 | yes | yes |
Axiory | $500 | 500:1 | yes | yes |
BMFN Arab | $1 | 200:1 | yes | yes |
BlackBull Markets | $100 | 500:1 | yes | yes |
BMFN – Boston Merchant Financial | $50 | 400:1 | yes | yes |
BTFX | €250 | 200:1 | yes | yes |
Bulls Capital Markets | $50 | 500:1 | yes | yes |
Caesar Trade | $25 | 500:1 | yes | yes |
CFD1000 | $200 | 400:1 | yes | yes |
Core Liquidity Markets | $ 250 | 500:1 | yes | yes |
DartTrader | $10 | 500:1 | yes | yes |
Esther FX | $100 | 500:1 | yes | yes |
EXNESS | $1 | 2000:1 | yes | yes |
FBS | $1 | 2000:1 | yes | yes |
FeelTrade | $1 | 300:1 | yes | yes |
FIBO Group | $300 | 200:1 | yes | yes |
FIBO Group Holdings | $300 | 200:1 | yes | yes |
FinOdds | $25 | 50:1 | yes | yes |
Forex Rally | $100 | 1000:1 | yes | no |
Forex-Metal | $1 | 2000:1 | yes | yes |
Forex.ee | $100 | 500:1 | yes | yes |
Forex Corporate | $10,000 | 1000:1 | yes | no |
Forex4you | $1 | 1000:1 | yes | yes |
ForexMart | $1 | 1000:1 | yes | yes |
Fort Financial | $5 | 1000:1 | yes | yes |
FreshForex | $200 | 1000:1 | yes | yes |
FX Choice | $100 | 200:1 | yes | yes |
FXOpen | $1 | 500:1 | yes | yes |
FxPro | $500 | 500:1 | yes | yes |
FXCC | $200 | 300:1 | yes | yes |
FxGlory | $1 | 3000:1 | yes | yes |
FxNet | $50 | 500:1 | yes | yes |
FXOptimax | $10 | 1000:1 | yes | yes |
GAINSY | $10 | 500:1 | yes | yes |
GCM Forex | $100 | 100:1 | yes | yes |
GCM Forex | $100 | 100:1 | yes | yes |
GIFX | $100 | 500:1 | yes | yes |
Grand Capital | $10 | 500:1 | yes | yes |
HY Markets | $50 | 300:1 | yes | yes |
HighSky Brokers | $1 | 200:1 | yes | yes |
HiWayFX | $20 | 1000:1 | yes | yes |
HotForex | $5 | 1000:1 | yes | yes |
IamFX | $500 | 500:1 | yes | no |
IC Markets | $200 | 500:1 | yes | no |
IC Markets Forex Rebates | $200 | 500:1 | yes | no |
IFC Markets | $100 | 400:1 | yes | yes |
iForex | $1 | 400:1 | yes | yes |
InstaForex | $1 | 1000:1 | yes | yes |
IronFX | $500 | 500:1 | yes | yes |
IV Brokers | $100 | 500:1 | yes | yes |
JustForex | $1 | 2000:1 | yes | yes |
KAWASE | $100 | 500:1 | yes | yes |
Key To Markets | $100 | 500:1 | yes | yes |
KAWASE | $100 | 500:1 | yes | yes |
LAND-FX | $300 | 500:1 | yes | yes |
LiteForex | $10 | 1000:1 | yes | yes |
MaxFX | $200 | 500:1 | yes | yes |
MAYZUS | $100 | 400:1 | yes | yes |
MFX Broker | $1 | 1000:1 | yes | yes |
Markets.com | $100 | 200:1 | yes | yes |
MTN-FX | $1 | 400:1 | yes | yes |
NAS Broker | $1 | 1000:1 | yes | yes |
NewForex | $1 | 1000:1 | yes | yes |
NorFX | $5 | 1000:1 | yes | yes |
Nova FX Trading | $100 | 1000:1 | yes | yes |
OloFx | $100 | 500:1 | yes | yes |
Orbex | $500 | 500:1 | yes | yes |
Pacific Financial Derivatives (PFD-NZ) | $1 | 300:1 | yes | no |
PaxForex | $10 | 500:1 | yes | yes |
PCM Brokers | $5000 | 400:1 | yes | yes |
Pepperstone | $200 | 400:1 | yes | yes |
PCM Brokers | $100 | 400:1 | yes | yes |
Profiforex | $5 | 500:1 | yes | yes |
Real Trade Group | $20 | 500:1 | yes | yes |
RoboForex | $1 | 1000:1 | yes | yes |
SimpleFX | $1 | 500:1 | yes | yes |
Solforex | $50 | 400:1 | yes | no |
Forex Corporate | $1000 | 500:1 | yes | yes |
TFX Markets | $50 | 500:1 | yes | yes |
Tickmill | $25 | 500:1 | yes | yes |
Trade12 | $250 | 400:1 | yes | yes |
Trader's Way | $1 | 1000:1 | yes | yes |
Traders Trust | $100 | 500:1 | yes | yes |
TradingBanks | $250 | 400:1 | yes | yes |
TradingForex.com | $1000 | 200:1 | yes | yes |
Tradize | $100 | 1000:1 | yes | yes |
TrioMarkets | $100 | 300:1 | yes | yes |
Windsor Brokers | $250 | 500:1 | yes | yes |
XM | $5 | 888:1 | yes | yes |
ZAR FX | $500 | 500:1 | yes | yes |
Yadix | $100 | 500:1 | yes | yes |
Do you know another WebMoney Forex broker? Please suggest by adding a comment below. |
Webmoney deposit fee is significantly lower – 0.8%, compared to Paypal – 0.5%-7.4% based on destination and currency. So why traders choose Webmoney vs Paypal?
reason #1 – WMZ tend to accumulate on users’ accounts, and so traders try paying with WMZ whenever possible. If a broker accepts both Webmoney and Paypal, 90% traders (who have WMZ) will choose Webmoney deposit method.
reason #2 – lower fee. See above.
reason #3 – even better client privacy than with Paypal, as there are no bank accounts or credit card information being shared.
reason #4 – Paypal doesn’t work with all countries, and works partially (only sending, but not receiving money) with many other.
Z-Purse: WMZ — Goods certificate, in USD;
E-Purse: WME — Electronic money in EUR;
R-Purse: WMR — Bearer’s bank cheque in Russian Rubles;
U-Purse: WMU — Bank account claims in UAH;
B-Purse: WMB — Electronic Belorussian Roubles;
K-Purse: WMK — A receipt for the right to receive EKZT from the guarantor for a certain amount;
G-Purse: WMG — Warehouse receipt for stock Gold in a certified storage area;
X-purse: WMX — Stored property rights to publish entries in the global public database of the bitcoin.org network.