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PerfectMoney is a financial service that allows clients to instantly make payments and transactions online in a secure and low-cost manner. It was founded in Switzerland and is know based in Hong Kong. It is among the most popular payment gateways in forex trading.
It doesn’t have an annual fee which is extremely favorable. Especially compared to, say, Paysafecard which charges a monthly maintenance fee of 2 percent after the first year. All deposits via Bitcoin and wire transfer are charge-free. The withdrawals fees are as follows: for wire transfer 2.85 percent and for Bitcoin 0.5 percent.
Opening an account is relatively easy – you need only register on the website and set it up. In order to invest funds in the account you have to either send (SWIFT/IBAN) from their online banking account or accept bank wire from the third party. A convenient way to deposit is via Bitcoin. It will instantly deposit the funds to your PerfectMoney account after three quick network confirmations. You may also deposit via Cash Terminals by creating and order on the website and depositing cash in a nearby payment terminal. Prepaid gift cards from Visa and Mastercard are an option too, as well as withdrawing funds from accounts in other electronic systems and depositing them in PerfectMoney.
For withdrawing – customers of Perfect Money may withdraw from their accounts to the Bitcoin wallet of your choice. All transactions are processed automatically. Clients may also withdraw funds via bank wire to your online banking account. As was said above, they may also withdraw the funds and transfer them to a different e-wallet.
Western Union and MoneyGram are certified partners of Perfect Money and you may withdraw funds via them as well.
Furthermore, clients may enjoy a 4 percent annual interest on their deposit and there is a $100 restoration fee.
PerfectMoney is offered by some of the foremost forex brokerages in the world. A good example is FXTM which is regulated and licensed by Cysec, the FCA and the Financial Sector Conduct Authority (FSCA) of South Africa. Traders in India are known to prefer PerfectMoney as a payment method.
Forex news about PerfectMoney
FX Choice, a forex broker licensed in Belize, has added Perfect Money and PaySafeCard to its deposit payment methods, the broker said