Forex brokers are dealers or fintech firms that facilitate their clients’ access to trading forex and CFDs on global markets. These brokers accept various payment methods, including Credit Cards, Debit Cards, Bank Transfers, Visa, MasterCard, Cryptocurrencies, Skrill, Neteller, and PayPal. Some brokers also support local and alternative payment systems such as WebMoney.
WebMoney is a global online payment system that enables users to send, receive, and store money in multiple currencies. It is widely used in Eastern Europe, Asia, and other regions where traditional banking access may be limited. For forex traders, WebMoney offers fast deposits, secure transactions, and a high level of privacy without the need for direct bank involvement.
Although many brokers offer diverse funding methods, only a select number accept WebMoney due to regional availability and compliance requirements. Among those that do, deposit and withdrawal fees, processing times, and minimum funding amounts may vary.
In this article, we have curated a list of the top forex brokers that accept WebMoney deposits. These brokers provide competitive spreads, fast transactions through WebMoney, and strong regulatory oversight. We have also reviewed their licensing, trading platforms, pros, cons, and other important features. By comparing these brokers, you can choose the one that best fits your trading needs and preferred deposit method.
A list of Top 5 Brokers that Accept WebMoney
- AvaTrade
- Tickmill
- XM
- Exness
- FXTM
Best Brokers for WebMoney (Compared and Reviewed)
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Avatrade:
Established in 2006, Avatrade is a forex and CFD broker based in Dublin, Ireland. The company offers a wide range of trading instruments including forex, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds. The broker is regulated across 9 jurisdictions AvaTrade is regulated across 9 jurisdictions including ASIC, CySEC, IIROC, ADGM/FSRA, CBI, ISA, FSCA, FFAJ, and FSC in BVI. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms for the diverse needs and preferences of the traders. To learn more, you can read our review of Avatrade.
Key Features:
- Trading Instruments: 1,250+ popular assets, across Forex, Stocks, Commodities, Indices, ETFs, and Options.
- Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
- Minimum Deposit: $100
- Account Types: Two ( Retail account, Professional Account)
- Trading Fees: Starting from 0.9 pips on forex
- MAM: Available
- PAMM: No
- Scalping: Allowed
- News Trading: Allowed. However, spreads widen during major news
- EA/ Robot Trading: Allowed
Pros
- Free deposit and withdrawal options
- Great research tools
- a wide range of trading instruments
- ability to trade from mobile devices
- Unique social trading features
- Impressive educational offerings
- Negative balance protection
- Does not charge any fees for deposits or Withdrawals
- Offers commission-free trading
- Offers negative balance protection
- Supports multiple trading platforms and EA
Cons
- High inactivity fees
- Not regulated by the FCA
- Does not accept U.S. clients
- No guaranteed stop-loss
- Do not have 24/7 customer support
Tickmill
Co-founded by Ingmar Mattus, Illimar Mattus, and Nikolai Nikolajenko in 2014, Tickmill is a forex and CFD broker that offers online trading services to traders and investors worldwide. The current CEO of Tickmill is Sudhanshu Agarwal. The company has offices in the UK, Cyprus, South Africa, Seychelles, and Malaysia. Tickmill offers trading services in forex, stock indices, commodities, cryptocurrencies, bonds, and stocks. The company provides its services to both institutions and individual clients worldwide. Tickmill is regulated by top regulatory authorities including FCA, CySEC, FSA, FSA (Labuan), and FSCA. The broker offers a wide range of trading platforms and tools including MT4, MT5, WebTrader, an economic calendar, VPS, Capitalise.ai, a forex calculator, and more.
Key Features
- Trading Instruments: A wide range of trading instruments including Forex, Stock Indices, Commodities, Bonds, Cryptocurrencies, Stocks
- Maximum leverage: The maximum default leverage is 500:1. However in some countries or tradable assets the broker offers 1000:1 leverage.
- Minimum Deposit: $100 or equivalent for all account types.
- Minimum Withdrawal: $25 or equivalent.
- Trading Fees: Spreads start from 1.6 pips for the Classic Account (no commission). The Raw Account has a spread of 0.0 pips with a commission of $3 per lot per side.
- Account Type: Two ( Classic Account, Raw Account)
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot: Allowed
Pros
- Regulated by FCA, CySEC, FSA, FSA-S, FSCA etc
- The Maximum Leverage is as high as 1:500
- Spread starts as low as 0.0 Pips
- Fast and Easy Account Opening
- Allows scalping, EA/Robot trading, news trading
- Offers MAM account for passive investors
- No fees for Deposit and Withdrawal
Cons
- You can not deposit less than $100.
- Does not offer popular trading platforms like MT5, cTrader, Tradingview etc
- No Proprietary Trading Platform Offered
- PAMM Account is not offered
- No cent account for beginners
- The minimum deposit of a VIP account is $50000
XM
Founded in 2009, XM is a forex and CFD broker that offers online trading services globally. It provides access to over 1000+ trading instruments including forex, cryptocurrencies, stock CFDs turbo stocks, commodities, equity indices, thematic indices, precious metals, energies, and shares. The broker is regulated by multiple reputable regulatory authorities, including FSC, ASIC, CySEC, DFSA, and FSCA. The broker offers a full edition of the popular MT4 and MT5 platforms, which include numerous proprietary indicators. XM offers a maximum leverage of 1:1000 to its clients. It is a low-cost broker with spreads starting from as low as 0.6 pips.
Key Features:
- Trading Instruments: 1000+ including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Turbo Stocks CFDs, Metals CFDs, Energies CFDs
- Maximum leverage: up to 1000:1
- Minimum Deposit: $5 or Equivalent
- Account Types: Micro, Standard, Ultra Low, Shares Accounts
- Fees: Starting from 0.6 in Ultra-low account, 1 Pips for standard account, and 1 Pips for Micro account
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Pros:
- Regulated by CySEC, ASIC, DFSA in UAE, and FSC Belize.
- Easy and fast account opening
- Minimum deposit is $5
- Over 1000 forex/CFDs are available for trading.
- MT4 and MT5 are the available trading platforms.
- Quality research, market analysis, and access to trading tools like Autochartist.
- Quality training for newbies and ‘ultra-low micro account’ for beginners.
- High leverage up to 1000:1 (this leverage is not available to all the entities of the Group)
Cons:
- Dormant fees are charged after 3 months of no account activity.
- Trading of real stocks is not available to European traders.
- Traders have no other choice apart from the MetaTrader platforms.
- Limited tradable assets.
- No passive investment services (social trading platform, PAMM accounts);
- Funding with PayPal is unavailable
Exness
Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3 pips. The broker is regulated by FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, and FSA in Seychelles.
Key Features:
- Trading Instruments: 200+ trading instruments including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to Unlimited :1
- Minimum Deposit: $1
- Account Types: Exness offers 5 different types of accounts including Standard, Standard Cent account, Pro, Raw Spread, Zero accounts
- Fees: starting from 0.2 pips for a standard account, 0.3 pips for a standard cent account, 0.1pip for a pro account, up to 3.50 per Lot per one side for a raw spread account, 0.05/lot per side for a zero account,
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Pros
- Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on.
- The maximum leverage is as high as 1:unlimited or 1:2000
- The minimum deposit is as low as $1 or depends on payment methods
- Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
- Competitive spreads starting from 0.2 pips on standard accounts
- Swap-Free/Islamic Account Provided
- Scalping, EA Trading, and Copy Trading are allowed
- Instant Withdrawal of Money 24/7
Cons
- No Passive investment programme ( PAMM, MAM Accounts)
- No Ctrader, Tradingview, zulutrade offered
- US Traders are not accepted
- Only MT4 and MT5 Trading Platforms
- Limited educational resources
FXTM
Founded in 2011, FXTM is a forex and CFD broker that offers online trading services globally. The broker is regulated by multiple regulatory authorities including CySEC, CMA, FCA, FSCA, FSC-Mauritius. The broker has 10000+ trading instruments including forex, CFDs, Stocks, Commodities like gold, silver, and oil, and cryptocurrencies like Bitcoin, Litecoin, and Ethereum. The broker offers most popular trading platforms like MT4 and MT5. FXTM serves clients from over 150 countries and has over 45 industry awards for excellent services.
Key Features
- Trading Instruments: FX, Spot Metals, Index CFDs, Commodity CFDs, Cryptocurrency CFDs, Stock CFDs (only MT5)
- Maximum leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Minimum Deposit. 100 Euros, US dollars or British pounds
- Account Types: Two (Advantage and Advantage Plus
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.0 pips ($35 per million per side) for the Advantage account and 1.5 pips (No commission) for the Advantage plus account.
- PAMM/ MAM: Allowed
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Pros
- FXTM is regulated, and licensed by top-tier regulators (FCA (UK), CySEC, FSC, FSCA)
- Minimum deposit is $10
- The Maximum leverage is as high as 1:2000
- Ultra-low spreads starting from as low as 0 pips
- Offers Copy Trading & MAM Accounts
- A wide range of trading instruments
- Negative balance protection for EU Clients
- Over 30 Payment Methods
Cons
- Inactivity and withdrawal fees
- Does not support Myfxbook or ZuluTrader options for social trading
- No futures or options trading
- No negative balance protection for Non-EU Clients
- Most withdrawal options have a fee
- Large spread on standard Account
Can I trust these WebMoney Forex Brokers?
Yes, you can trust these WebMoney Forex Brokers. Brokersway recommends brokers based on facts and findings. We evaluate brokers based on 170 data points grouped into 6 macro categories including regulations and security, fees, Trading experience, trading tools, customer support, and trading education. Multiple regulatory authorities regulate these brokers. So they are legit and trusted. Here are the regulations of these brokers
- AvaTrader: Regulated by 8 Regulatory Authorities including ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC
- Tickmill: Regulated by 6 Regulatory Authorities including CySEC, FCA, DFSA, FSCA, FSA- Labuan, FSA-S
- XM: Regulated by 5 Regulatory Authorities including ASIC, CySEC, DFSA, FSCA, FSC in Belize (Global)
- Exness: Regulated by 8 Regulatory Authorities including CySEC, FCA, CMA, FSCA, FSA in Seychelles, CBCS, FSC (Mauritius), and FSC (BVI)
- FXTM: Regulated by 5 Regulatory Authorities including CySEC, CMA, FCA, FSCA, FSC-Mauritius
How Did We Select These WebMoney Forex Brokers?
To select the best WebMoney forex brokers, we follow the procedures below.
Research:
To choose the best WebMoney forex brokers, we conducted extensive research, focusing on the spreads, features, services, and regulations associated with each broker. We analyzed market trends, broker offerings, and user feedback to understand what traders value most. This comprehensive approach allowed us to build a solid foundation for our evaluations.
Data Collection:
We gathered data from various reliable sources, including official regulatory bodies, broker websites, and reputable financial news platforms. This data encompassed key metrics such as trading fees (spreads, commissions), available assets, leverage options, and client support services. Additionally, we considered user reviews and testimonials to gauge trader satisfaction and experiences.
Verification:
After collecting data, we verified the information to ensure accuracy and reliability. This step involved cross-referencing details from multiple sources, including regulatory websites and independent reviews. By ensuring that our data is accurate, we aim to present an honest assessment of each broker’s strengths and weaknesses.
Live Testing:
We conducted live testing of the shortlisted brokers to provide a real-world perspective. This involved opening demo accounts and executing trades to evaluate the trading platforms, order execution speed, and customer service responsiveness. Our live testing process allowed us to assess each broker’s performance under actual market conditions, providing valuable insights into their functionality.
Scoring:
Finally, we scored each broker based on a set of criteria, including regulatory compliance, trading costs, platform usability, available trading instruments, customer support, and overall user experience. Each category was assigned a specific weight, reflecting its importance in the trading process. The scores helped us rank the brokers, ensuring that our recommendations align with the needs and preferences of traders who want to trade with WebMoney forex brokers.
Final Verdict:
Forex traders prefer fast and trustworthy payment methods for account transactions.WebMoney is a well-established online payment system that provides fast, secure, and anonymous transactions for forex traders around the world. Particularly popular in Eastern Europe, Asia, and CIS countries, WebMoney supports multi-currency wallets and offers a reliable alternative to traditional banking methods and e-wallets like Skrill or Neteller.
WebMoney is ideal for traders who prefer low transaction costs, instant deposits, and global accessibility without linking directly to a bank account. It also supports funding in USD, EUR, and several local currencies, making it a flexible option for international traders.
While not as universally supported as credit cards or PayPal, several top-tier forex brokers do accept WebMoney. Based on our research and broker reliability, here are some of the best forex brokers accepting WebMoney globally:
- AvaTrade: Globally Regulated Broker Supporting WebMoney.
AvaTrade accepts WebMoney deposits in selected regions, offering fast processing and secure funding. Regulated by ASIC, FSCA, FSA, and Central Bank of Ireland, AvaTrade provides fixed spreads, access to MT4, MT5, and AvaTradeGO, making it a strong choice for both beginners and experienced traders. - Tickmill: Low-Cost ECN Broker with WebMoney Access.
Tickmill allows WebMoney funding for traders in specific jurisdictions. Known for tight spreads, fast execution, and no dealing desk intervention, Tickmill is regulated by FCA, CySEC, FSCA, and FSA, and is highly regarded among scalpers and day traders. - XM: Beginner-Friendly Broker Accepting WebMoney.
XM supports WebMoney as a convenient deposit method in various regions. With regulation from ASIC, CySEC, and IFSC, XM offers localized funding, low minimum deposits, and flexible trading conditions—making it ideal for retail traders worldwide. - Exness: Highly Flexible Broker with Instant WebMoney Transactions.
Exness offers 24/7 WebMoney deposits and withdrawals with real-time processing for traders in supported regions. Regulated by FCA, CySEC, and FSCA, it’s known for its ultra-low spreads, high leverage, and easy-to-use platforms. - FXTM (ForexTime): Trusted Broker Supporting WebMoney Globally.
FXTM provides WebMoney deposits and withdrawals across multiple regions. Regulated by FCA, CySEC, and FSCA, FXTM combines localized payment solutions, multiple account types, and strong educational tools, making it suitable for traders of all levels.
Each of these brokers supports WebMoney with different deposit limits, withdrawal policies, and account types. Most also offer demo accounts to test both trading platforms and the WebMoney funding process before committing real funds.
So, to choose the forex brokers that accept WebMoney, you should look at broker’s regulation, fee structure, platform reliability, and user feedback. WebMoney is a well-known online payment system that offers secure and instant transactions worldwide. We’ve researched and listed trusted brokers that support WebMoney for both deposits and withdrawals. You can choose any broker from the list that matches your trading goals and enjoy fast, safe, and convenient payments with WebMoney.
