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    Thread: Best payment processor for Withdrawal

    1. #21
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      Quote Originally Posted by HASAN MEHEDI     
      There are so many payment processor for Withdrawal money from InstaForex . Among them I think Neteller is the best payment processor for withdrawal . The Security of Neteller account is very High and we can also withdraw money by using neteller prepaid card .
      I hope one day soon Neteller can reduce their fees. If they do then im sure more and more people will use the service as they are very popular and very good processor.


    2. #22
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      Quote Originally Posted by seadof**     
      currently the best payment processor for withdrawal is bitcoin. because of its tendency of appreciation almost every moment you discover that you may withdraw 100dollars worth bitcoin today by tomorrow it would have increase to 102dollars. imagine when you just withdraw and safe it in your bitcoin wallet for say one month. bitcoin is the next currency to take over internet payment transactions and you shouldn't be left out.
      For big amount withdraw international bank transfer better.but different country people choice different system.
      bitcoin well for now continue value grow,100 deposit to withdraw 102.also have same back side problem.It's for exchange we profit same to Forex.


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    4. #23
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      Well, no I don't think so.

      If it can go up easy, it can fall easily too ( like has happened ).

      BitCoin is probably a good thing to be traded or invested but to be used as payment processor ? I prefer not to although I know more and more people use it as a=the payment processor nowadays.

      I wish there is something like Neteller in the past.

      Regulated but also allows balance selling without fee, the fee is quite high if we sell the balance nowadays.


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    6. #24
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      Quote Originally Posted by Bao Long     
      Well, no I don't think so.

      If it can go up easy, it can fall easily too ( like has happened ).

      BitCoin is probably a good thing to be traded or invested but to be used as payment processor ? I prefer not to although I know more and more people use it as a=the payment processor nowadays.

      I wish there is something like Neteller in the past.

      Regulated but also allows balance selling without fee, the fee is quite high if we sell the balance nowadays.
      I already used bitcoin as a payment processor, the fees were almost zero , it was really interesting but now like you said it's not usable at all, bitcoin is good only for trading and speculation ! For neteller the transfer fees are 1.45%, which is a bit expencive compared to other payment processors.


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    8. #25
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      Quote Originally Posted by azmassi     
      I already used bitcoin as a payment processor, the fees were almost zero , it was really interesting but now like you said it's not usable at all, bitcoin is good only for trading and speculation ! For neteller the transfer fees are 1.45%, which is a bit expencive compared to other payment processors.
      Yeah, its only 1.45 %, but the problem is the double cut for me.

      When Insta transfers it to our Neteller account, its cut one time and then later on when we want to sell the balance, its cut one more time. , so the total is like almost 3 % .

      I think Neteller should provides a partnership with Forex brokers so this doesn't happen, after all the traders who have the Neteller balance in their accounts will have to exchange it to their local money and Neteller will get the profit.


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    10. #26
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      Quote Originally Posted by Bao Long     
      Yeah, its only 1.45 %, but the problem is the double cut for me.

      When Insta transfers it to our Neteller account, its cut one time and then later on when we want to sell the balance, its cut one more time. , so the total is like almost 3 % .

      I think Neteller should provides a partnership with Forex brokers so this doesn't happen, after all the traders who have the Neteller balance in their accounts will have to exchange it to their local money and Neteller will get the profit.
      I think its the same everywhere if we want to sell our funds to a 3rd party like an exchanger. Everyone wants to make profits

      I wish there is one payment processor with a local bank transfer to most country of the world exist. That can really help reducing fees


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    12. #27
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      Quote Originally Posted by Borneo Scalper     
      I think its the same everywhere if we want to sell our funds to a 3rd party like an exchanger. Everyone wants to make profits

      I wish there is one payment processor with a local bank transfer to most country of the world exist. That can really help reducing fees
      In the past, Netteler was free of charge if we just wanted to send some money, they charged in other ways like withdrawal to bank accounts or credit card.

      But later on, they realised a lot of people just sold their balance, if they wanted to keep allowing this, they needed to charge it so they could survive.

      Oh yeah, believe it or not, in the past withdrawal to bank account from PayPal was free or required very minimum fee but the weird thing is, it needed to be in a certain minimum amount and couldn't be less than that.


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    14. #28
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      Quote Originally Posted by Bao Long     
      In the past, Netteler was free of charge if we just wanted to send some money, they charged in other ways like withdrawal to bank accounts or credit card.

      But later on, they realised a lot of people just sold their balance, if they wanted to keep allowing this, they needed to charge it so they could survive.

      Oh yeah, believe it or not, in the past withdrawal to bank account from PayPal was free or required very minimum fee but the weird thing is, it needed to be in a certain minimum amount and couldn't be less than that.
      I think the no fee was just their aggressive promotion to attract clients back then. Once they have enough clients, they stop the free fee and start charging us all. I cant wait for a new, bigger, better processor to start offering this promo again so i can jump to their processor too


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    16. #29
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      Quote Originally Posted by Borneo Scalper     
      I think the no fee was just their aggressive promotion to attract clients back then. Once they have enough clients, they stop the free fee and start charging us all. I cant wait for a new, bigger, better processor to start offering this promo again so i can jump to their processor too
      I've tried PayPal in the past, I kinda forgot about it, but its really a low fee for withdrawal to bank account / wire transfer where Skrill and other payment processors at that time charged standard 25 $ fee.

      However the thing that made me feel weird is PayPal required minimum and not maximum amount for that where other payment processors were the opposite, for small transfer, they didn't charge the wire transfer fee.

      But I'm not sure about now, I haven't used PayPal for years.


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    18. #30
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      I see many things that are reasonable in what you are trying to explain here, but believe me, i think that the so called bitoin will be an history over some times. Many traders are over pricing the bitcoin, that was why it appreciated so much last year, but the table is now turning, and things will never be good for those traders any more. For this reason, i am certain that i will be successful with my other payment gateway that will make money money in my wallet to be fixed. This is better that what might cause it to either increase or decrease without being informed.


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