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Webmoney

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Brokers that still accept WebMoney — a much shorter list than it was, after the restrictions that followed 2022.

Brokers supporting Webmoney

WebMoney is one of the oldest online payment systems still running, launched in 1998. For years it was a standard option in broker cashiers across Eastern Europe and Central Asia. Its role today is much smaller, and any guide that describes it as a mainstream funding route is out of date.

What changed

The settlement bank behind WebMoney's ruble operations lost its licence in early 2022, and the sanctions that followed cut most of its cross-border corridors. Balances were affected differently depending on the currency purse and the user's country, and a number of brokers removed the method rather than manage the uncertainty. Before planning to use it, confirm in the broker's live cashier that it is still there — an old landing page listing it proves nothing.

How it works where it still runs

  • Money is held in purses, each denominated in one currency — WMZ for dollars, WME for euros, and others. A transfer between purses of different currencies is an exchange, at the system's rate.
  • Transfers between WebMoney accounts are instant, and a broker withdrawal typically credits the same day.
  • Attestation levels govern limits. A formal passport certificate is the practical minimum for trading-sized amounts, and brokers will not pay out to an unattested account.
  • Getting funds out to a local bank runs through exchangers whose spread is the main cost of the whole exercise.

Before you rely on it

The same-method rule means a deposit made by WebMoney comes back by WebMoney. If the corridor closes while your money is with the broker, unwinding that becomes a support conversation rather than a button in the cashier. Where a broker offers both, a card or bank transfer carries less counterparty risk on the payment side, whatever the fee difference.