Webmoney is a global payment method that millions of global users have embraced. In addition, thousands of traders prefer it as a payment option, and therefore if you are here looking for the best Webmoney broker in the UK, we’ve got you covered.
In this guide, we will take you through the best brokers that accept Webmoney in the UK. We have also listed their pros and cons and, on top of it, given you a quick overview of the factors that you should consider when choosing a Webmoney broker in the UK.
In this guide
The Best WebMoney Brokers in the UK
- 1. eToro - Overall Best WebMoney Broker in the UK
- 2. AvaTrade - Best WebMoney Broker for Beginners in the UK
- 3. HYCM - WebMoney Broker for Advanced Traders in the UK
- 4. RoboForex - WebMoney Broker with the Lowest Minimum Deposit in the UK
- 5. Exness - Best MT4 WebMoney Broker in the UK
- 6. FXTM - Best Forex Broker that Accepts WebMoney
- 7. eToro - Best Stock Broker that Accepts WebMoney
- 8. XM - Best WebMoney Broker for Mobile Trading
- How to Choose the Best WebMoney Brokers in the UK
- Benefits of Choosing a Broker that Accepts WebMoney
How we test?
Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.
The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.
Compare Best WebMoney Brokers in the UK
All the brokers in this guide have been tested and reviewed by our Trading Guide experts team. Our research procedures usually involve us confirming the following elements and if they meet our set standards:
We believe we are different from other researchers because this procedure does not end here. We also include the brokers’ clients’ reviews on Google Play, Trustpilot, and the App Store. These are the perfect platforms to learn other users’ experiences on WebMoney brokers in the UK before we recommend them to you. Check below how we rated some of them.
1. eToro - Overall Best WebMoney Broker in the UK
eToro is the best platform to get started with if you prefer transacting with WebMoney. This broker has a global presence and offers various securities to explore your options.
In addition, eToro is known to be a cost-effective broker, especially when it comes to stock trading. You can also socialise with other traders on its platform and copy what experts are trading if you do not trust your research results.
- User-friendly platform.
- Regulated by the FCA.
- Free stocks trading.
- Free deposits using WebMoney.
- Charges fees for withdrawal.
2. AvaTrade - Best WebMoney Broker for Beginners in the UK
AvaTrade is the best WebMoney broker for beginners because it has an easy-to-use platform that will not complicate your activities. What’s more, this broker has a wide range of assets, and as a beginner, this is a huge advantage. You will have a pool to experiment with before you choose specific ones.
This WebMoney broker also excels as the best for beginners because of its very responsive customer service. Since beginners might require clarifications and guidance most of the time, you can only opt for AvaTrade. Its AvaTradeGo app also has a high execution power, so consider downloading it and keep track of your open positions anywhere, anytime.
- No transaction fees using WebMoney.
- Fast transactions.
- Excellent research resources.
- High inactivity charges.
3. HYCM - WebMoney Broker for Advanced Traders in the UK
HYCM has a long track record and is one of the pioneer WebMoney brokers today. It is multi-regulated, which assures you that your funds are stored in a segregated account. It is also known to process thousands of orders daily with its high execution features.
HYCM boasts of hosting a plethora of the most advanced trading tools, including the MT4 trading platform. In addition, it does not charge trading commissions but spreads—a perfect platform for active traders like day traders and scalpers.
- Zero commissions.
- Excellent educational tools, including free webinars and workshops.
- A pool of trading assets.
- 24/5 customer service.
4. RoboForex - WebMoney Broker with the Lowest Minimum Deposit in the UK
With a mere £10, you can get started at RoboForex. This WebMoney broker in the UK is a total package if it complements your requirements. First, it gives its clients access to the world’s largest markets at a small fee. Secondly, it is a great platform to grow your skills because it has the necessary tools that both newbies and experts will find beneficial for their trades.
Lastly, this broker has automated trading features, including the ECN trading platform that will improve your skills even further. Try it out using its demo account, and we assure you the best experience.
- Over 12,000 trading assets.
- Leading MT4 and MT5 platforms.
- £10 minimum deposit requirement.
- Does not accept US clients.
5. Exness - Best MT4 WebMoney Broker in the UK
If you want to make the most out of your trades, the Exness MT4 platform has unique features to achieve this objective. This WebMoney broker has one of the best intuitive design platforms that will engage you for a more extended period. In addition, its customer support is accessible 24/7 in various languages, including English.
What made us like this broker more is its research and educational materials, which are of high quality. The broker also does not charge commissions on any trade, and its spreads are low. Therefore, we primarily recommend it to active traders.
- Plenty of advanced research tools.
- $1 minimum deposit.
- Zero commissions.
- Supports various languages.
- No multi-currency trading account.
6. FXTM - Best Forex Broker that Accepts WebMoney
Among the forex brokers that accept WebMoney, FXTM proved to be the best. The trading platform of this broker is modern in design and simple to use. You can easily navigate through it and access various commands easily. The fact that it is also multi-regulated shows that your funds will be secured.
FXTM is known globally and will give you direct access to diverse markets using the available currency pairs. Moreover, with low minimum deposit requirement and trading costs, any trader will enjoy their experience.
- Plenty of currency pairs.
- Intuitive design platform.
- Low trading charges.
- The product portfolio is limited.
7. eToro - Best Stock Broker that Accepts WebMoney
eToro is one of the highly-rated global brokers and also the best WebMoney broker for stock trading in the UK. It is a multi-regulated broker with a diverse global network, which means that the exchange markets to access while trading on eToro are plenty.
Stock trading on eToro is free from commissions. Although you will still pay spreads, these charges are among the lowest. This WebMoney broker is the best to get started with trading stocks since you will also benefit from its social platform.
- FCA regulated.
- Modern design platform.
- Low trading fees.
- Charges withdrawal using WebMoney.