Compare Brokers That Accept Webmoney

Looking for brokers that accept webmoney? We have compared 10 broker accounts (out of 147) that are suitable for you below.

We found 10 broker accounts (out of 147) that are suitable for Webmoney.


Spreads From

EURUSD 1.8 pips See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About Hotforex

  • Regulated by: CySEC.
  • Established in 2010 HQ in St. Vincent and the Grenadines.


  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

72.83% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd.

Read our in-depth Hotforex review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

What is WebMoney

WebMoney Transfer is a global settlement firm that was started in 1998 and ever since has grown to be among the top global settlement systems with over 32 million customers worldwide. Webmoney provides reliable services that allow clients to keep track of their funds, resolve disputes, attract funding, as well as make secure transactions. It provides a safe haven for online business transactions and its technology is based on offering customer’s interfaces that allow operation and control of individual property rights for assets in the specialised entities. It is a perfect for online shops, internet-based platforms and online billing services.

How to get started with Web Money

Registration in WebMoney system includes a four-step process.

As a new user, you will need to go to and click on the sign-up button.

You will then enter your mobile number, including an international code.

You will receive a verification code anytime you initiate a transaction for safety purposes.

You can also register via popular social networks. You will then be required to enter your personal details by filling out a form; ensure

you input correct personal data since you will need verification to fully access the account.

After that, you will need to confirm your email address and phone number after which you will set up a secure password. As a new user, there are limits to the total amount you can transact and you need to get a certificate to lift limits.

Advantages of Webmoney

Webmoney has been a beneficial and a recommendable payment system for the following reasons:
Instant Transfers- Both deposits and withdrawals are conducted in a fast and smooth manner that ensures that your money arrives in your account quickly.

Multiple Currencies- WebMoney supports multiple currencies, six to be exact, including Euro, USD, Belarusian ruble, Rur, Japanese yen among others.

Protection and Privacy- WebMoney state they will never give customer credit card information to any third party.

Using Webmoney


WebMoney charges the user per every transaction they make. The fee is set at a rate of 8 percent of the money being transacted. However, the fee should not be less than 0.01 WM or higher than 50 WM either.

Purse Types

Purse types are laid out depending on the currencies. The purses include:
WMZ-a purse of type Z holds funds in US dollars.
WMX type — funds in BTC
WMR-a purse R type holds funds in Russian dollars
WMU- The U purse holds funds in Ukranian hryvnias.
WME- The E purse holds funds in the Euro
WMK type — funds in Kazakh Tenge
WMG type — funds equivalent to gold

Deposit methods

There are many deposit methods which users can use to top up cash into their account including:
Online Bank Cards (Visa and Mastercard), Internet banking, cash-in terminals, electronic money, prepaid vouchers and cards, bank branch, bank wire, Money transfer systems and WebMoney exchange offices.

Withdrawal Methods

Users can withdraw money from their accounts using:
Bank cards, cash, money transfer systems, bank wire and electronic money.

Processing Time

Deposits to a WebMoney account are mostly instant except for money transfer systems and bank wire which take 1 day. It takes typically 3 days for you to withdraw money from WebMoney to a bank card, 2 days by money transfer, 3 days by bank wire and 1 day via cash into stock exchange. However, withdrawal to WebMoney card, webmoney offices, electronic money and cash via a bank are instant.

How Secure is it?

WebMoney is among the most secure payment systems. Users can secure their purses against unauthorised transactions and intrusions by:
Setting a list of IP addresses to access the system
Confirming any transaction via phone
Enabling or disabling pay via sms option
Authorising transactions with E-num

Some of the most popular funding methods include:

Why Choose Hotforex
For Webmoney?

Hotforex scored best in our review of the top brokers for webmoney, which takes into account 120+ factors across eight categories. Here are some areas where Hotforex scored highly in:

  • 8+ years in business
  • Offers + instruments
  • A range of platform inc. MT4, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.10pips
  • Used by 0+ traders.
  • Offers demo account
  • 1 languages

Hotforex offers one way to tradeForex. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

Hotforex have a B trust score, which is good. This is largely down to them being regulated by CySEC, segregating client funds, being segregating client funds, being established for over 8

Trust Score comparison

Trust Score B
Established in 2010
Regulated by CySEC
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of Hotforex

Want to see how Hotforex? We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.10
GBP/USD Spread N/A
USD/CAD Spread N/A
USD/JPY Spread 1.80
DAX Spread N/A
FTSE 100 Spread N/A
S&P500 Spread N/A

Comparison of account & trading features

Platform MT4, Web Trader, Tablet & Mobile apps
Services Forex
Base currency options USD, EUR
Funding options Credit cards, Bank transfer, Neteller, WebMoney, UnionPay, FasaPay,
Micro account
ECN account

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.