Minimum deposit for octafx

Once you confirm the request it will be pending till it is processed by the bank and our financial department in their working hours (monday-friday 06:00-15:00 EET).

Actual forex bonuses

How to make a deposit at OctaFX Forex Trading Account, minimum deposit for octafx.

Type the amount you wish to deposit and click ‘continue’.

How to make a deposit at octafx forex trading account

In order to start trading on real forex account and earn money you need to make a deposit. Before making a deposit you should know that octafx does not charge commission on deposits or withdrawals. Moreover, octafx covers fees applied by payment systems. We also do not limit the number of deposits per day. Deposits with local banks are processed within 1-3 hours, credit/debit card and e-wallet deposits are instant.

Minimum deposit for pro account on metatrader 5 is $500. Forex traders from indonesia, pakistan, malaysia, thailand, india, vietnam dan nigeria can deposit and withdraw using their local banks. Octafx supports a variety of local banks you can choose from.

As mentioned earlier, for those who can not use local banks we support different payment services and credit cards:

Credit or debit visa cards

How to make a bank deposit

You can find “deposit” buttons in the top or sidebar menu as shown in the picture below.

2. Choose among available local banks.

Local banks availability depends on the region you have filled in during the registration process.

For example, indonesian traders can choose between mandiri, BCA, BNI and BRI. For instance, let’s choose BCA. You can select deposit amount from the offered options or put down the amount you wish.

3. Choose preferred bank deposit method

There are three ways you can make a wire transfer deposit which are ATM, online banking and cash deposit at a bank branch:

If you make a deposit online you need to open your online banking app/website, then make transfer with given credentials and make a screenshot of processed transaction.

Find your nearest ATM and deposit using bank details given on the deposit page.

You can also deposit by cash at your bank branch.

Make sure you use correct data in the process of deposit. Please, double check the deposit amount, as it must be the same you state in the deposit request. Here you can see credentials of the banks we cooperate with.

4. Notify after successful bank transfer

On the next step you need to fill in the deposit form: set the amount, choose bank and type of transfer, put in your bank account number and date of payment. We will process your transaction faster if you upload payment proof (screenshot from online banking or payment slip).

Once you confirm the request it will be pending till it is processed by the bank and our financial department in their working hours (monday-friday 06:00-15:00 EET).

E-wallets and credit card deposits

You can also deposit with a credit/debit card, bitcoin or e-wallets. Such deposits are credited instantly. The process is very simple:

1) you need to choose deposit method

We will choose skrill as an example of e-wallet deposit.

2) fill in the deposit amount

Type the amount you wish to deposit and click ‘continue’.

3) double check and confirm the deposit

Then double check the information and click ‘confirm’. After confirmation you will be redirected to the skrill page. Log into your skrill account and proceed deposit. Once request is processed, funds will be credited to your trading account.

4) log in to your payment system

5) make a transfer

Deposit with a card

Please, notice, that according to our AML policy you will need to verify your credit/debit card as we can not accept transactions from the third parties. To make a deposit you need to enter deposit amount, confirm it and fill your credit/debit card details in the form.

Deposit with bitcoin

You can also deposit with bitcoin. After choosing ‘bitcoin’ in the list of payment methods you will see current exchange rate and address of our wallet. Then you need to open your bitcoin wallet and process transaction.

The last step is to download a trading platform of your choice and you are ready to enter forex market! Please, follow this links to download a software:

We also recommend you to check our education section where we post trading forex strategies, forex tutorials and platform manuals.

Octafx minimum deposit guide (2021)

Trading with octafx, your first port of call should certainly be our octafx broker review. Once you have taken a look at this, you should have a broad knowledge of the broker offering and features.

With that knowledge, you are likely ready to begin trading and find out more information on precise areas of the broker, the octafx minimum deposit for example.

Here we will outline exactly that and how it may change based on the octafx account type and funding method you choose.

This information will all help you make the best trading decisions possible on your future broker.

74-89% of retail CFD accounts lose money

Octafx account base currency

The account base currency is the currency that you can select to trade with. When it comes to octafx, this base currency can differ depending on the region you are trading from. Within europe, the only base currency made available is euro, while within other areas known as the global market, both euro and US dollar are catered for.

Octafx funding methods

The funding methods available through octafx will again depend on where you are based. As a very attractive positive point though, these methods do not feature any kind of octafx commission either on deposits or withdrawals. Let’s take a closer look at exactly what funding methods you will have to choose from as a trader.

octafx website deposits segregated accounts

Wire transfer

Octafx wire transfers are available to traders within europe only at this time. This is one of several common deposit methods that the broker offers.

When it comes to processing time, this type of octafx deposit typically takes between 3-7 working days to process. It could be faster but this is the guideline they provide to ensure your funds are available.

As mentioned above, there are no octafx commissions applied, although you should double-check with your own bank as they may have a policy to charge fees on wire transfers from their end.

The minimum octafx deposit for a wire transfer is 50 EUR/USD.

Credit card

Naturally, credit and debit card deposits are hugely popular among octafx traders and those of any top forex broker where they are facilitated. Both visa and mastercard are catered for and the deposits made through this method are typically available for you to trade with right away.

As is the case with every octafx deposit method, no commission is applied from the broker side here and again the minimum octafx deposit associated with this funding type is 50 EUR/USD.

Bitcoins

Bitcoin is growing in popularity as a funding method throughout the industry and is also offered by octafx. Octafx bitcoin deposits again attract no commission or fees from the broker at all, though there will likely be a small fee from the bitcoin network to mine your deposit on the way through. This amount should be negligible though.

The minimum deposit with octafx here is 0.00045 BTC.

Neteller and skrill

Both of these popular funding methods are available through octafx. These deposit options are only available for those trading within the global market regulation and again there are no commissions or fees to worry about from the octafx broker side.

The processing time is typically instant so your funds should be available right away, and the minimum deposit using this method is $50.

74-89% of retail CFD accounts lose money

Octafx minimum deposits

Having taken a look at the minimum deposit applied to each funding method, let’s now look at how this impacts the octafx account types you can choose from.

In fact, there is no minimum deposit in place on account types, as many other forex trading no minimum deposit brokers. It is therefore referred to the funding method you use to decide the minimum deposit you have to meet.

Micro MT4 account

The octafx micro MT4 account is ideal for newer traders as it allows trading in micro-lots at low-risk levels.

This account type is not currently available to those trading from within europe, just global market traders only, and since there is no octafx minimum deposit, the broker just recommends a deposit of $100 to best use their services.

As with the other account types available, it can be turned into an islamic account where needed.

MT5 account

The octafx MT5 account type is available worldwide and with again no minimum octafx deposit in place, only a recommendation is made by the broker. This is a 100 euro deposit if you are trading within europe, and a $500 deposit if you are trading in other market areas.

As mentioned above, an islamic account is also available for this account type on request.

Ctrader account

Again the octafx ctrader account for those who prefer the ctrader platform and the ECN execution it offers is available to all traders around the world.

A 100 euro recommended deposit is in place for traders based in europe, while a $100 recommendation applies to those trading under the world market regulations.

Related guides:

Deposit bonus

Octafx deposit bonuses are unfortunately unavailable to traders who are based in the EU and trading within this regulatory area. The reasoning behind this is likely to do with the stringent ESMA regulations in place and a desire from all the best forex brokers to remain completely transparent and compliant.

50% deposit bonus

In other market areas, an octafx deposit may be available. The conditions behind this octafx bonus are as follows:

The trader must make an octafx minimum deposit of at least 50EUR or 50USD. If they do this, they will be credited with a bonus equal to 50% of the deposited amount.

This bonus is subject to certain conditions and cannot be withdrawn right away. In order to satisfy these conditions, you will have to trade a certain number of lots. The more you deposit, the larger your bonus amount will be, although this will also correspond to an increased number of trades required to release the bonus.

No deposit bonus

On occasion, octafx may offer a no deposit bonus. This octafx no deposit bonus is typical $8 although it is only available periodically and not at the moment of writing. There is no pre-qualification or need to deposit in order to access this bonus amount.

74-89% of retail CFD accounts lose money

RECOMMENDED FOREX BROKERS

Octatfx has a highly informative and accessible website that aims to promote their services in layman terms. And it achieves that, yet can it can it practice what it preaches?

The broker website is operated by the following companies:

Octa markets cyprus ltd is tightly regulated by the cyprus securities and exchange commission (cysec), carrying all necessary investigations in order to ensure fraud-free market operations. As regulated by cysec, OCTAFX is part of the ICF allowing for a compensation of up to €20 000 to be attributed to clients, if the broker fails or becomes insolvent.

Octa markets incorporated is regulated by the FSA SVG in st. Vincent and the grenadines. This body’s main duties are to ensure that financial institutions are well supervised and that all threats are acted upon with the appropriate force of action. Unlike cysec, this license issuer has no reimbursement scheme to speak of. Another significant drawback is that there is no regulation dedicated to foreign exchange (forex) trading and cryptocurrency, nor are there licenses issued for these two assets:

Spreads depend on the account the client has chosen. So for the MICRO account the EUR/USD spread is 1.1 pips, for the PRO it’s 0.8-1.1 pips, and for the ECN account it’s typically 0.7-0.8 pips. We would like to remind readers that in the UK and EU the current imposed maximum spread limit is 1:30. For those outside the jurisdiction of ESMA the spread reaches 1:500.

Currently, octatfx offers the following assets to trade with: forex pairs, cryptocurrencies, commodities, stocks. In the bustling, competitive world of forex today, this number of assets is considered low.

The broker is available in the following languages: english, spanish, arabic, indonesian, thai, vietnamese, chinese, german, malay, bengali, portuguese and hindi.

Octatfx offers three platform for trade: MT4, MT5 and ctrader. What’s interesting is that each platform acts also as a separate account.

METATRADER 4

Here we are again with this renowned platform, and for a reason! MT4 stands tall against other trading terminals. Consider using expert advisors to set your automated trading while you do other business, or take full advantage of what MT4 has to offer: multiple chart management, trading directly from the chart, customized trading indicators, huge selection of trading options and much more.

The MT4 acts as the MICRO account type. So, the spread for EUR/USD 1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches 1:500 for those outside these zones.

There are no commissions attached to this account.

MT4 is available on smartphones (iphone, android), on any browser and as a standalone desktop version.

METATRADER 5

MT5 strives to replace MT4 but fails to do so, not because it’s inferior but because most brokers nowadays use MT4 as the default terminal. Nevertheless, MT5 comes with new and handy features that traders will surely find useful. There are auto trading bots, plus VPS (same as MT4).

The MT5 acts as the PRO account type. So, the spread for EUR/USD 0.8-1.1 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.

The are no commissions attached to this account.

MT5 is available on smartphones, on any browser and as a standalone desktop version.

The functional ctrader has been included by octafx. This platform handles with ease and possesses a much better visual style than both MT4/5. The interface is highly customizable, giving end users a much needed aesthetic touch of their own. One of the main features of ctrader is the ability for traders to access provider’s liquidity making room for better pricing and lower spreads. There is also automated trading, and great back testing facilities.

Ctrader acts as the ECN account type. So, the spread for EUR/USD 0.7-0.8 pips, while the leverage for the EU/UK is 1:30 (due to ESMA), and reaches to 1:500 for those outside these zones.

Ctrader has a commission structure attached to it. For one standard lot a round turnof $6 will be feed. So this changes the EUR/USD spread from 0.7-0.8 pips to 1.3-1.4 pips.

Ctrader is available: for download as a standalone software for desktop, to mobile users, and can be accessed via a browser.

COPYTRADING

The broker offers for the opportunity to copy expert traders, automatically, without spending time on building a strategy or being constantly glued to a screen. This is a superb opportunity for those who do not have the time, or have little of it, to dedicate to online trading. To start, just browse through the many expert traders, set your preferences, invest and voila! Note that, even if the trader dealing for you gets a bonus if your investment turns to profit, this system does not guarantee 100% wins all of the time.

OCTAFX MINIMUM DEPOSIT

The minimum deposit is $50, immediately making room for smaller or casual traders. Typically, a higher minimum deposit limit has the ability to intimidate many novice traders.

The methods for depositing are: neteller, skrill and bitcoin. In this day and age of online currency and cfds trading these options are significantly low than bar. When considering the instruments in circulation by admiral markets and, especially, FX choice, the assortment that this here broker has seems laughable in comparison.

The base currencies are limited to only EUR and USD. The same comment as above can be applied here. A global broker should include more base currencies.

All methods of funding are instant. Here, however, octafx shines, as it falls in the niche of swift deposit methods, a niche that grows ever so tighter.

There are no fees attached. Fees commissioned by thirds parties will be covered by octafx.

OCTAFX WITHDRAWAL TIME AND FEES

Cysec regulation reassures that no harm will come to clients withdrawals.

The withdrawal methods are: neteller, skrill and bitcoin. Again, significantly fewer withdrawal methods that your standard broker.

Withdrawals are instant. This is a rare sight to see in an industry of long process times, and unexpected delays.

There are no fees attached to withdrawal. Fees commissioned by thirds parties will be covered by octafx. This makes us even more agitated at the fact that octafx has not included more payment options.

The minimum withdrawal amount is $5.

BONUSES AND PROMOTIONS

Bonuses are solely offered by octatfx’s offshore entity, due to cysec banning them in europe.

There is a 50% bonus with every deposit.

The most active and successful traders will have the opportunity to win smartphones/smartwatches, as well as a 3 luxury cars at the end of the year.

There is the opportunity to win $500 while trading with your DEMO account.

Trade suing a ctrader DEMO account, and finish with the highest profit at the end of the week to get $150.

BOTTOM LINE

First and foremost, octafx is regulated by one of the best institutes for the job in the world (cysec), as well as one of the shadier ones where many suspicious brokers get their licenses from- FSA SVG, making things rather ambiguous.

Second, there is a very limited number of payment methods, which in this day and age of online trading is unsatisfactory. However, there are no fees attached to said methods, and to top that the broker offers great and detailed trading platforms.

Octafx minimum deposit

The octafx minimum deposit amount that octafx requires is US dollar 100.

The minimum deposit amount of US dollar 100 when registering a live account is equivalent to ZAR1,766.87 at the current exchange rate between US dollar and south african rand on the day and at the time that this article was written.

Octafx is based in SVG and cyprus and is authorized and regulated by demanding regulating entities namely cysec and FSA, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as octafx are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

Deposit fees and deposit methods

Octafx does not charge any fees when deposits are made into the trader’s account.

Traders can make use of the following payment methods through which the minimum deposit amount can be paid:

Credit/debit card

Bank wire transfer

Bitcoin

Skrill, and

Neteller

Octafx only supports two deposit currencies in which traders can fund their accounts including:

USD, and

Traders should take note that payments made in any other currency apart from the base currencies of the various accounts may be subjected to conversion rates charged by their payment provider. The base currencies are USD and EUR.

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:

Log into the client portal and select ‘deposit’

Select the deposit method along with the amount.

After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.

Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.

Pros and cons

PROS	CONS
1. Deposit fees and withdrawal fees are not charged	1. Only a few payment options provided
2. Quick and easy depositing of funds	2. Only two supported deposit currencies

What is the minimum deposit for octafx?

How do I make a deposit and withdrawal with octafx?

You can make use of the following payment methods to deposit or withdraw funds:

Credit/debit card

Bank wire transfer

Bitcoin

Skrill, and

Neteller

Octafx

company info:
name	octafx
website	octafx.Com
foundation year	2011
regulation
trading conditions:
min. Deposit	5 $
leverage	1:1, 10:1, 50:1, 100:1, 200:1, 500:1
trade lot	0.01, 0.1, 1
digits after the dot	5
spread type	variable
trading instruments	forex
payment methods:
credit card, wire transfer, skrill, neteller, cashu
other features:
accept US traders
PAMM
MT5
mobile trading
web-based trading
affiliate program
VPS
profitf BONUS:

Octafx (detailed info):

Octafx is founded in 2011 with headquartered in cedar hill crest, P.O. Villa, st. Vincent and the grenadines. The company have a lot of winning awards such as “best broker eastern europe and central asia” from forex report magazine, “best ECN broker asia” from global banking and finance review, and many other. The type of this forex broker is ECN and give to their clients one of the best comfortable trading conditions, and also a lot of promotions.

Octafx minimum deposit is only $5 for micro account and $50 for the other account types. You can use up to 1:500 leverage, you can trade over 20 currency pairs, gold, silver and other. Spreads are floating, starting at 0 pips depends on the currency pairs. You can deposit your money in USD and EUR with payments options such as bank wire, visa / mastercard, unionpay, neteller, moneybookers and cashu. Swap-free accounts(islamic) is also allowed, so this company offer very good trading conditions for every traders such as scalpers, intraday traders, long-term investors, hedging and other.

When you open your “octa FX” account, you can trade from the charts and you will receive also market execution in less than 1 second, expert advisors, market commentary, e-mail alerts, signals, news, events, guaranteed stop loss and one-click execution. You can trade with your mobile and also web-based trading. Metatrader 4 is the main platform where you can trade easily.

They have affiliate programs and a lot of promotions demo contests, king of the road real contest and other. When you deposit money you will receive up to 50% bonus to your account! You just need to read their promotion rules.

Octafx minimum deposit and payment methods

Introduction to the minimum deposit:

The minimum deposit in a trading broker is one of the conditions that help each broker to specify the portion of the deposit. In the case of many customers, the minimum deposit plays an important role. Ensuring minimum deposit usage before any client uses the broker for the first time. The minimum deposit does not have to be a higher three or four-digit amount so it is a much easier deposit. In a broker trade, the minimum deposit should be given much importance so that the customer is attracted to it.

Traders look for a minimum deposit broker before starting the first CFD or forex trade in the trade market. Traders search for the right forex and CFD broker for only the minimum deposit. This allows you to compare the condition of the supplier with other brokers. What the deposit will look like will depend entirely on choosing your broker. Traders are encouraged to use brokers that demand relatively low minimum deposits. The minimum deposit helps in increasing the number of customers. Similarly, traders use the minimum deposit of brokers as an important criterion.

What is the octafx minimum deposit?

As the broker octafx is in the average range, it allows the customer to deposit $100 as the minimum deposit in the first instance. The minimum deposit is meant here. This is just an offer, no special conditions are imposed here. This offer allows the customer to start a business with a minimum deposit.

In the first instance, traders cannot trust any broker so they first use the minimum deposit to check the broker. In the first instance, traders cannot trust any broker so they first use a minimum deposit to check the broker. No trader directly wants to deposit $100 or more deposit. Of course, octafx is useful for many potential clients. Considering so many aspects, one can understand how important minimum deposit plays in CFD and forex trading. So in most forex and CFD brokers, you look for these minimum deposit terms.

The octafx minimum deposit is depending on the account type:

Metatrader 4 micro account: $ 100

Metatrader 5 pro account: $ 500

Ctrader ECN account: $ 100

(risk warning: your capital can be at risk)

What are the octafx deposit methods? (how to deposit)

There is no charge for deposits to the octafx account.

The following are the minimum deposit methods for an octafx account. You can deposit an octafx deposit using any one of the methods from here.

Neteller

Skrill

Bitcoin

Bank transfer

Credit or debit card

Octafx only supports two deposit currencies to fund traders’ accounts. Apart from these two currencies, no other currency can raise funds.

The two currencies are:

USD ($)

And EUR (€)

Deposits for octafx account users must transact in USD ($) and europe (€). If there is any other currency in the account then it has to be converted into that currency. In this case, the financial situation may change a bit.

(risk warning: your capital can be at risk)

Are there deposit fees?

Before making a deposit, the user should know whether octafx takes a commission in case of withdrawal or case of deposit? It also covers the percentage of fees applied by octafx payment systems. Whether there is a limit to the number of daily deposits of octafx.

If you plan to start trading in a foreign currency account, you must first deposit to earn money. It is great for you at the beginning of the trade that octafx does not charge any commission for depositing or withdrawing money. Octafx only covers the fees applicable to the payment system here, also by paying a much lower fee. There is no limit to the number of deposits on octafx so this is a great account for traders. Octafx credit card /debit card and e-wallet deposits submitted are very quickly.

In metatrader pro 5, a minimum deposit of 500$ will be accepted for the account. Foreign traders from thailand, indonesia, india, pakistan, malaysia will be able to deposit money using their local banks and withdraw it through banks in the same way. You can select any local bank to transact with. Because octafx supports various local banks.

Are there account types?

Octafx provides transactions through three types of accounts. Each of these octafx accounts has its unique trading conditions. Traders are also provided with the best value services with the environment including a dynamic trading experience.

See below the octafx account types are:

Micro account MT4

Account MT 5 pro

Account ECN ctrader/ ctrader

Micro account MT4:

MT4 recommends depositing a minimum of 100 100 into a micro account. Starting from 0.3 pips. Also floating spreads and fixed spreads are started from 2 pip. No commission is charged on octafx MT4 trades. However, the mark-up is added to this account. Allows access to 28 forex, silver, gold, 4 indicators, 3 cryptocurrencies. Octafx leverage is up to 1:500 for forex, 1:50 for index, 1: 200 for metal and 1: 2 for cryptocurrency. Stop out level is acceptable up to 15% and margin call up to 25%. MT4 is useful as an alternative to converting a live trading account to an islamic account.

Account MT5 pro:

Account MT5 pro can be deposited a minimum of 500 500. Its floating spread starts from 0.2. The trader does not have to charge any commission for the trades. Gold, silver, 28 forex pairs, 2 strengths, 3 cryptocurrencies, and 10 indicators can be accessed. 1: 200 leverage for foreign exchange, 1:50 leverage for energy, 1: 2 leverage for the cryptocurrency is applicable on the MT5 account. Out stop 30% and margin call 45% is applicable. If you want to transfer commissions from here overnight, 3 days fee is deducted. Access to cryptocurrency and CFD trades is acceptable.

Account ECN ctrader/ctrader:

Ctrader is a popular account because the minimum deposit here is dollar 100$. Its floating spread starts from 0.0. Commissions are charged even if no mark-up is added. Silver, gold, and 28 forex force can be accessed. Gold and silver 1: 200 leverage and forex 1:500 leverage. Stop out level 15% and margin calls are caught 25%. Here the commission is charged according to the weekly fee.

What is the offer of the broker?

Octafx offers customers a minimum of 1:5 leverage and a maximum of 1 500 leverage. No one else offers the best offers from octafx brokers. The broker’s offers are sent in a way that traders can get quickly. Octafx is much more popular in the broker markets due to its offers. Because the lowest leverage is available here.

Multi-regulated brand

Free demo account

A low minimum deposit of $ 100

Metatrader 4/5, ctrader

Mobile trading app

Professional support

Low trading fees

Personal support

Fast deposits and withdrawals

Conclusion on the octafx minimum deposit

Internationally, octafx is a good broker. To traders, it is helpful as a popular broker and minimum depositor. There are three types of trading opportunities that are provided to traders with trading accounts. The accounts are ECN account, micro account, and pro account. Each account type has different trading platforms and leverage. The accounts are known as ctrader, MT4, and MT5. Octafx allows traders to use several transaction methods for transactions. It can be called a special opportunity and helpful for customers.

You can find copy trading applications and an in-house trading application here. The broker is very helpful and easy for all traders, who are new to the international commercial market. So you can start trading deposits at octafx broker according to your preferred leverage package. We think the broker is suitable for any type of trading.

(risk warning: your capital can be at risk)

A comparison of forex brokers minimum deposits

There are lots of things to consider when looking for a forex broker, including the minimum deposit needed to start trading. If you are a very small investor, there is an advantage to finding a broker with a low minimum deposit, so you can get started with online trading quickly.

The minimum deposit is the amount you need to transfer into your brokerage account before you can start trading. Some brokers refer to it as an initial deposit, first deposit, or initial funding. You will want to do your research, and look at the minimum deposit requirement at each broker you consider. Remember that many brokers offer a range of account types, and you may find that the deposit required is different for each type of account.

Today we’re comparing three popular online brokers: XM, pepperstone and octafx. We’ll take a look at what their minimum required deposit is, what they recommend, and if the deposit differs between account types.

XM minimum deposit

XM is a broker that aims its services at a wide variety of traders, with a range of experience. For this reason, it offers a choice of different account types, each with a different minimum deposit amount required.

The minimum deposit for an XM standard account, or micro account is just $5, which is very low compared to many of its competitors. XM also offer a premium account, known as zero account, so-called because the spreads can go as low as zero pips. The zero account comes with several extra benefits, and requires a minimum deposit of $100. There is no deposit fee at XM, so you really will only require the minimum stated. You will need to wait until the funds have cleared into your account before you can start trading.

Pepperstone minimum deposit

Pepperstone also offer a choice of accounts, with both a commission-free standard account and a razor account, which involves a commission charge, but also offers spreads as low as zero pips on some instruments. At pepperstone, however, both account types are similar when it comes to making an initial deposit. Pepperstone have a recommended minimum deposit of $200, or the equivalent in your base currency, for both account types.

However, at pepperstone, this is a recommendation, and not mandatory. Most deposit methods available at pepperstone allow you to make a deposit as small as $5, and you will be able to start trading as soon as you have cleared funds in your account. Pepperstone is an international broker offering accounts worldwide, so it is advisable to double check if there are any restrictions regarding deposit amounts and methods in your region.

Octafx minimum deposit

Octafx also allow a minimum deposit of just $5, and again, you can start trading as soon as those funds are cleared in your account. Octafx also recommend a higher deposit, and point out that “the more funds you have, the less risks you are exposing yourself to on a particular trade”. It is possible, however, to get started with just that initial $5 deposit.

Our recommended mobile trading app:

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Your next move…

Find your broker trading carries risk. There is no getting away from that. Making the right choice of broker and platform will help you trade better and combined with experience, tools, research and a helping of luck your trading adventure could take you places you only ever dreamed of.

Forex minimum deposit

Find below a list of forex brokers according to the minimum deposit for opening a forex trading account with low deposit.

Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

Trading with a small deposit

It is quite common that traders start to spend time on demo account, then, once they gain experience, some want to start real trading with a low deposit forex account without a large investment or putting substantial assets at risk. It is quite convenient by investing little money because emotions need practice.

Some brokers operate different business models where some operate a large customer base, while others have few high net-worth investors who can bring in large volumes of cash. High net-worth investors could me more interested in brokers having a high minimum deposit.

Risk warning: investments involve a high level of risk. It is possible to lose all your capital. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

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Markets.Com minimum deposit guide (2021)

If you are trading with markets.Com already, then you have probably read our markets.Com review.

This is a broad and very useful look at every aspect of the broker and what they make available to you as a trader.

In this piece, we will take a more focused look at specific areas within the offering of the broker.

Specifically, we will be looking into the funding methods made available, and the markets.Com minimum deposit that applies to both the deposit method and account type you are using.

76.6% of retail CFD accounts lose money

Markets.Com account base currency

The account base currency is the currency with which you can trade on your account. Typically most major currencies like the USD and EUR are widely available across all brokers. Some of the major forex brokers in the industry can also facilitate trading with a larger number of base currencies.

This is the case with the markets.Com base currency. Every major currency is available as a base. This includes the ZAR from south africa which is available under every regulatory body that the broker operates.

Markets.Com funding methods

Funding your account with any broker is one of the first steps on the journey. In many cases, this can also come with some requirements. With that in mind, let’s take time to investigate the funding methods available in more detail at markets.Com.

Wire transfer

This is one of the most common and widely available deposit methods. Wire transfers are also available to markets.Com traders from around the world from all banks including a local bank transfer option from some countries.

The processing time for this funding method is usually around 1-2 business days and the minimum deposit for this type of funding depends on your region. In the UK, the minimum is 250USD/EUR/GBP, but in other worldwide areas, the markets.Com minimum deposit is 100 USD/EUR/GBP, or 1000 south african rand.

Credit/debit card

Again, this is one of the most popular deposit methods available and it is open to traders from all around the world on a 24-hour basis whenever you feel the need to make a deposit.

The card funding methods available include visa, mastercard, and maestro and the effective minimum deposit of 250 USD/EUR/GBP in the UK and 100 USD/EUR/GBP in other countries again applies here.

Skrill and neteller

Ewallet deposit methods are growing in popularity with all the best forex brokers and markets.Com is no exception. Unfortunately, these choices are not open to UK traders, they are however available to others.

The minimum markets.Com deposit through these methods is 100USD/EUR/GBP or 1000ZAR. This is effective for both skrill and neteller.

Paypal

Paypal deposits are also available and widely utilized. They are available only within europe though, and the minimum deposit amount of 100 USD/EUR/GBP again applies depending on your account base currency and location.

Other methods

As you would expect from a top forex broker, other methods of funding may be available depending on your location. This includes services like ideal and sofort which are both available but within europe only, and with a minimum deposit of 100 EUR/USD/GBP.

76.6% of retail CFD accounts lose money

Markets.Com minimum deposits

After taking a look at the available funding methods and their levels of convenience when it comes to the markets.Com minimum deposit, it is now time to take a closer look at the available account types and again, the minimum deposits you can avail of through these.

Retail account

The markets.Com retail account is the standard account type that the broker offers to traders. Within this account type, the minimum deposit with markets.Com varies depending on your funding method as mentioned above, but it will be at least 100 USD/EUR/GBP, or 1000 ZAR.

It is important to note that this, and other markets.Com account types can also be converted into islamic accounts on request where required. For more options and to make a comparison, you can also check our forex broker with low minimum deposit guide.

Marketsx account

The marketsx account is more of a VIP account from the broker and features more competitive spreads, an extensive range of educational materials, free withdrawals, and some other perks.

The minimum markets.Com deposit here is $250 and again this account is eligible to become an islamic account if you so require it to be.

Professional traders

As a professional trader, there is a markets.Com pro account available to you right away as long as you meet the minimum requirements which are set out in part by the regulators.

You can qualify if you meet two of the three following requirements:

You must have at least 4 months of cfds trading experience. (this can be prior to joining markets.Com)

Your portfolio, including cash deposits, must exceed 500,000 EUR.

You must possess work experience, typically more than a year to be safe, from within the finance field with knowledge of leverage trading.

If you do satisfy two or more of these requirements, then you can look forward to increased leverage of as much as 1:300, lower markets.Com spreads and trading costs, protection to a certain degree against new ESMA regulations, and more available trading instruments.

Related guides:

Deposit bonus

Due to the ESMA regulations that we just mentioned, unfortunately, no markets.Com bonus is offered to traders under these regulations in an effort by the broker to be well-respected and highly compliant.

First deposit bonus

There are some markets.Com bonus amounts available in other territories though. This includes in south africa under FSCA regulation where you can a 35% first deposit bonus on amounts of at least $100 or more.

Within australian regulation too there is a markets.Com bonus of 20% available on amounts of at least $500 as a first deposit bonus.

Welcome no deposit bonus

The old markets.Com welcome bonus which was previously available with no deposit at all is unfortunately no longer available. This markets.Com no deposit bonus used to be available as a $25 bonus in the past.

76.6% of retail CFD accounts lose money