Best Perfect Money Brokers 2025
Discover the best brokers with Perfect Money deposits and withdrawals following our rigorous hands-on tests.
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1Capitalcore is a foreign trading broker located in Saint Vincent and the Grenadines, founded in 2019. It offers four account types (Classic, Silver, Gold, VIP), which provide decreasing spreads and increasing bonuses as traders upgrade. The broker's standout features are its high leverage up to 1:2000 and no swap fees. However, these benefits do not make up for its insufficient monitoring from the IFSA and lackluster educational and research resources.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8 CloseOption, based in Georgia, has over ten years of experience in the trading industry. The company provides high/low binary options trading for forex and crypto markets. They offer competitive payouts, introductory bonuses, round-the-clock customer service, and user-friendly trading software. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 Videforex, started in 2017, is a platform that grants access to stock, index, crypto, forex, and commodities markets through binary options and CFDs. Its specialized platform, mobile app, and integrated copy trading are suitable for new and less frequent traders. By offering market analysis tools and hosting trading contests, Videforex helps to enhance your trading expertise. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 RaceOption is a binary options broker based in the Marshall Islands. It has more than 1,500 clients and strives to provide speedy funding, minimal fees, and a safe trading environment. Traders can choose from over 100 binary options and CFDs, enjoy copy trading, and have the chance to win weekly prizes. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9 Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
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Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Perfect Money Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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CloseOption |
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AvaTrade |
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Videforex |
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RaceOption |
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Why Trade With Capitalcore?
Capitalcore offers up to 1:2000 leverage options and does not charge commission or swap fees. However, it lacks strong IFSA regulatory oversight and does not provide educational resources, making it less competitive than leading brokers.
Pros
- The Capitalcore platform offers extensive charting tools and over 150 technical indicators, perfect for thorough market analysis.
- Capitalcore charges no swap fees, making it attractive for Islamic traders seeking to align with Islamic Finance.
- The support team is available around the clock and provided immediate, useful responses during our test.
Cons
- Capitalcore's limited education and research offerings are inferior to top tier firms such as IG, making it less ideal for new traders.
- Capitalcore is not overseen by key financial bodies and lacks a proven track record, which questions the security of client investments.
- During testing, the web platform showed inconsistent performance, with occasional technical issues preventing the trading platform from loading properly.
Why Trade With CloseOption?
CloseOption offers traders a user-friendly binary options platform, promising high returns and sign-up bonuses.
Pros
- Free demo account
- Various global payment options are available.
- CloseOption hosts weekly cash-prize trading competitions.
Cons
- CloseOption is not overseen by a reputable trading body.
- Customers must deposit over $50,000 to be eligible for the maximum payouts.
- Binary options can be traded on both traditional (“fiat”) and digital currencies.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Traders have the opportunity to earn up to 98% payouts on over 100 assets through the broker's binary options. This offering is comparable to competitors such as IQCent.
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Videforex often hosts trading contests. These competitions offer both new and experienced traders a chance to practice and win cash prizes. Trades can be made from as low as ¢0.01.
Cons
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
Why Trade With RaceOption?
RaceOption offers a diverse binary options trading experience with contests, account benefits, and copy trading. However, it's unregulated, providing minimal to no investor safeguards, based on our research.
Pros
- RaceOption is one of the few brokers that offer 24/7 video chat in several languages. However, based on our experience, their agents require more knowledge about trading rules and practices.
- Popular assets like EUR/USD have payouts up to 95%, which is higher than most alternatives. Also, the first three trades are risk-free with Silver and Gold accounts. This can potentially increase your returns.
- RaceOption allows easy account funding with no-charge, quick deposits using bank cards and cryptocurrencies. It also promises to process withdrawals within an hour.
Cons
- RaceOption is a high-risk broker that is not regulated. It does not offer compensation or legal options if you encounter problems with trading or withdrawing funds.
- RaceOption, lacking a demo account and an educational offer, may not be a suitable option for novice traders.
- The $250 minimum deposit may be higher for some traders, particularly when compared to Deriv and World Forex, which are suitable for those with a smaller budget.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
Cons
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
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Understanding Perfect Money: A Simple Guide
Perfect Money is an online platform that helps you store and transfer funds. It offers multiple ways to deposit money, such as bank transfers, e-vouchers, and credit cards. You can hold money in various currencies, including Bitcoin. It even provides a loan option, making it handy for traders who are just starting out.
This guide will help you understand how Perfect Money works and how it stacks up against other payment options like PayPal. We’ll walk you through setting up an account, point out its best features, discuss fees, and highlight its security measures. We also list the best trading platforms where you can use Perfect Money to start trading today.
Choosing the Best Brokers for Perfect Money
We selected the top brokers for using Perfect Money by:
- Reviewing over 500 online platforms to find those accepting Perfect Money payments
- Ensuring they allow both deposits and withdrawals via Perfect Money
- Sorting them by overall ratings based on various data points and personal insights
What Is Perfect Money?
Established in 2007, Perfect Money is a well-known service used by traders and businesses for money management. The company is based in Panama, with offices in Zurich and Hong Kong. It aims to provide excellent customer service around the clock, speedy transactions, and strong security measures.
With a Perfect Money account, you can send money to others, pay vendors directly, and create e-vouchers or prepaid cards. It also comes with a Bitcoin wallet and currency exchange services.
Advantages of Using Perfect Money for Trading
Mobile App Features
Perfect Money offers a mobile app that makes it easy for traders to manage their funds on-the-go. Available for both Android and iOS devices, the app can be downloaded from Google Play or the App Store.
Various Funding Options
You can deposit and withdraw money through multiple methods, including bank transfers, Bitcoin, credit/debit cards (Visa, Mastercard), and e-vouchers. The website offers guides to help you get started.
Types of Accounts
Perfect Money allows you to set up accounts in different currencies like Dollars, Euros, Bitcoin, and Gold. These accounts are free to set up using a simple registration process on their website. You can also have multiple accounts to manage funds in different currencies.
Universal Acceptance
The Perfect Money service is recognized around the world. Forex brokers like XM and FXTM accept it, and you can use it to transfer funds to other payment systems like Skrill, PayPal, and WebMoney. Look for brokers offering bonuses for signing up with Perfect Money.
Extra Features
The platform supports online vouchers, over 200 certified exchange partners, currency exchange quotes, and market news. It also offers a loan feature through Credit Exchange. Additionally, an API is available for businesses that want to use Perfect Money funds with gambling brokers, and a referral program is also offered.
Drawbacks of Using Perfect Money
Lack of Card Storage
Perfect Money doesn’t let you store debit or credit card details, unlike some other e-wallets. This might be inconvenient for those who like to have different deposit options.
Account Set-Up Process
To fully use Perfect Money, you need to verify your account by providing personal details, uploading ID documents, and confirming a phone number. This process might seem lengthy for those who want a quick setup.
Not Available for U.S. Residents
Due to legal restrictions, Perfect Money does not serve U.S. customers and permanent residents.
Transaction Speed
Deposits through Perfect Money aren’t processed directly. Instead, you select a Certified Exchange Service provider to handle the payment. Processing times may vary, but once your account is loaded, deposits to your trading account are usually instant. Check for any additional processing times with your broker.
Security Measures
Perfect Money takes several steps to keep users’ funds safe, such as identity checks and KYC verification. The service uses SMS authentication and provides a feature called CodeCard Protection for transaction approval. Anti-fraud measures are also in place. For password recovery, the service requires verification through ID.
Always ensure that you’re on the official Perfect Money website by looking for security indications like a green status bar or padlock symbol in your browser. Trade only with trusted brokers.
How to Use Perfect Money for Trading Account Deposits
To deposit or withdraw money using Perfect Money, first, load your account using the available methods. Instructions are available on their website or through video tutorials on YouTube. The minimum deposit for bank transfers is $300, and withdrawal limits depend on the exchange partners.
After loading your account, follow these steps to deposit funds into your trading account, as an example with broker XM:
- Go to the Deposit section after logging in and choose Perfect Money
- Enter the deposit amount and details
- You’ll be redirected to the Perfect Money gateway for verification
- A confirmation message will appear once the transaction is successful
Fees Involved
Perfect Money charges fees for various transactions:
- 0.5% for bank deposits, internal transfers, and verified account deposits
- 1.99% for deposits from unverified accounts
- No withdrawal fees, but additional bank charges may apply
- 0.5% fee for Bitcoin deposits plus a $10 withdrawal fee
- Currency conversions are at market rates
Additional costs include $0.1 per SMS notification and $100 for account restoration. An interest rate of 4% per year is applied to all accounts. Check if your broker imposes any extra fees, but deposits are generally free. Withdrawals usually incur a 0.5% fee at popular brokers like RoboForex and FXChoice.
Is Perfect Money Good for Trading?
Perfect Money offers the flexibility of multiple currency accounts, secure money transfers, and a mobile app for easy transactions. However, there are some fees to consider, and the lack of card storage may be limiting compared to other payment solutions like PayPal.
Frequently Asked Questions (FAQ)
Is Perfect Money Legit and Safe for Use?
Yes, Perfect Money is a legitimate service registered in Panama and managed from Hong Kong and Zurich. Established in 2007, it’s recognized by many respected brands and trading platforms.
Perfect Money vs. Payeer: Which Is Better for Trading?
Perfect Money is versatile, supporting various transactions, while Payeer mainly focuses on cryptocurrency. Pick the service that fits your trading needs best.
How Does Perfect Money Work for Trading Account Payments?
Perfect Money allows you to store funds securely and transfer them to your trading account using exchange services. You can swap currencies at market rates without needing to fill out detailed payment forms.
Which Countries Are Supported by Perfect Money?
The service is available to traders from many countries, including the UK, Canada, Cyprus, Jordan, India, Malaysia, and more. However, it’s not available to U.S. clients.