Currency Exchange | Foreign Exchange Rates of Perfect money(USD) to local currency

What Is Currency Exchange

Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the forex market.

The forex market is the largest, most liquid market in the world, with trillions of dollars changing hands every day.1 There is no centralized location. Rather, the forex market is an electronic network of banks, brokers, institutions, and individual traders (mostly trading through brokers or banks).

Currency Exchange

Perfect Money

Perfect Money® - a popular online payment system, discovers the safest and easiest financial service to make money transfers worldwide. Accept e-currency, bank wire, and SMS now Available for download on your Android and iOS device!

Perfect Money app includes the following functions:

- sign up/in your Perfect Money® account
- make p2p payments
- currency exchange
- quick transaction history overview
- deposit and withdraw money from the system
- activate/buy Perfect Money® e-Voucher
- add new accounts
- work with support tickets

Note:- That as this app is a convenient way to operate your Perfect Money® account, however it does not all functions available in the full web-based version.
So, please visit from your regular computer in order to get full Perfect Money® functionality.


Perfect Money Overview

Perfectmoney Established in 2007, Perfect Money Finance Corp has a good history of providing money services to traders and merchants. The company has its registered office in Panama but has operational headquarters in Zurich and Hong Kong.

Perfect Money aims to provide specialist 24/7 customer support as well as fast transactions and multi-level security. A Perfect Money account comes with several features where users can transfer funds between themselves, make direct payments to vendors and create e-vouchers or prepaid cards. The system also offers a built-in Bitcoin wallet, a currency changer service, and a mobile app.

perfect money review

Mobile App Review 2021

perfect money app

Perfect Money offers a mobile app that supports full account management and transfers, meaning traders can quickly deposit into their trading account whilst on the move. If you are an Android (APK) or iOS device owner, the official app download is available from Google Play or App Store.

Range Of Funding Methods

Perfect money Funding

Perfect Money accepts deposits and withdrawals via bank wire transfer, Bitcoin, credit and debit cards including Visa and Mastercard, as well as e-vouchers and prepaid cards. Some useful guides on how to fund a Perfect Money account are available on the website, You can also fund a perfect money account with a local exchanger like e-exch, You can also fund your perfect money account with western union instantly from any corner of the world.

Perfect Money Accounts

Perfect money allows the various accounts to its users, As well as a Dollar and Euro account, traders can also buy and sell Bitcoin or Gold in the BTC and Troy Ounce (Gold) accounts. You can also sign up with multiple accounts, which may suit traders who want to store funds in various currencies. Accounts are free to set up.

Perfect money Widely Available

You can find the Perfect Money logo at numerous global brands. Supported forex brokers include exness(Asia No.01 Forex broker that allowed instant deposit and withdrawal) XM, FXTM, and OctaFX. You can also transfer funds to Skrill, PayPal, Neteller, or Webmoney, and other online payment systems with the help of a local exchanger. It could be worth considering Perfect Money brokers that offer a sign-up bonus as an added incentive.

Additional Features

Traders can utilize the online voucher system, as well as over 200 Exchangers (certified partners of Perfect Money, which give you the market exchange rate when making transfers). You can also access currency exchange quotes and news on the account home page, as well as a loan service via Credit Exchange, which is detailed on the website.

Cons Of Trading With Perfect Money

1. No Card Storage

Perfect Money acts as a money wallet but does not offer debit or credit card storage like other e-wallet systems. This may be inconvenient for traders who prefer more choice when depositing to their trading accounts.

2. Registration & Verification

After you create an account, you only get access to the full set of functions once the verification procedure is complete. This includes providing personal information such as address and zip code, uploading ID documents, and confirming a mobile phone number, which will link to your account. This may be too time-consuming for traders who want a fast deposit solution.

3. Not Available To US Customers

Due to local laws and regulations, Perfect Money does not accept US citizens and permanent residents of the United States.

4. Speed

Perfect Money does not process deposits into your account directly. Instead, users must choose a primary and secondary Certified Exchange Service provider which will process the payment for you. As a result, processing times at this stage may vary depending on the provider.

However, once your account is loaded with funds, the process of depositing into your trading account is usually instant. You may need to check any additional processing times at your broker.

5. Security

Perfect Money employs numerous security procedures, both when you sign in and within the account, to keep customer funds safe. Traders who register will need to go through the identity check and KYC approval procedure. Read more

The company also uses SMS authentication to prevent unauthorized access to your account and user ID, as well as CodeCard Protection, which sends a unique code to your email address to confirm transactions. There are also anti-fraud screening procedures to protect against scams.

In the case of password recovery, Perfect Money will ask for your account ID and a copy of an identity document to confirm a password reset. Make sure not to share your member ID, account number, or password with anyone.

To ensure you are visiting the official website on a secure connection, always lookout for the green status bar or locked padlock symbol in your browser’s address link bar,

6. Deposits & Withdrawals

To make a deposit or withdrawal using Perfect Money, you must first load your Perfect Money account using one of the available methods. You can find instructions on how to deposit and how to withdraw on the website, or by watching the YouTube tutorial.

Note that the minimum deposit amount is 300 USD (or equivalent in another currency) for a bank wire deposit. The minimum withdrawal limit is set by the Certified Exchange Service providers. Make sure to check any funding limits applied by your broker.

Once you have sufficient funds in your PM account, you can then make payments to and from your trading account. After setting up your payment, your broker will redirect you to the Perfect Money payment gateway, where you can enter your account login details and verify the payment. You will then get an on-screen memo to confirm the payment.

Is Perfect Money A Good Choice For Traders?

Perfect Money offers accounts in Dollars, Euros, Bitcoin, or gold, as well as secure money transfers via global Certified Exchangers. The mobile app for iOS and Android users is also ideal for traders who wish to make a deposit or withdrawal whilst on the move.

There are some fees to be aware of, however, on top of any charges applied by your forex broker. There is also no card storage, which may be limiting for traders who prefer the versatility of other e-wallet solutions such as PayPal.

Is Perfect Money legit?

Yes, Perfect Money Finance Corp is a legitimate company based in Hong Kong and registered under Startup Research & Investments Ltd. The company was established in 2007 and is trusted by many reputable global brands.

What do I do if Perfect Money keeps logging me out?

The Perfect Money customer care team can help if you forgot a password, if an account feature is not working, or if you encounter any login problems. Note that the company uses a secure ticket system, rather than a helpline or live chat support. It’s also worth checking out the FAQ section, which covers a range of issues.

What are the supported countries at Perfect Money?

Perfect Money accepts customers from most global locations, including the UK, Canada, Cyprus, Kosovo, Jordan, Qatar, India, Bangladesh, Pakistan, Malaysia, Japan, Cambodia, Kenya, Zimbabwe, and many more. Note that US clients are not accepted.

How do I create a Perfect Money account in Ghana?

To sign up, head to the Perfect Money website and complete the registration form. You will need to enter your personal details and select ‘Ghana’ in the country drop-down menu. You will then need to select the Personal or Business account type and create a password.

How do I create a Perfect Money account in Nigeria?

To open an account in Nigeria, fill in the registration form on the website with your personal details and select ‘Nigeria’ from the drop-down menu when adding your address. You can then set your password and follow the on-screen instructions to complete the process.

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