Minimum Deposit

IC Markets minimum deposit is a condition that allows the user to deposit money into his account and start trading with a real money account. In new cases, users verify the broker’s assurance with a minimum deposit. With IC Market, the minimum deposit is a condition only, in which case no injustice is imposed on the customers. 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 This bonus is subject to certain conditions and cannot be withdrawn right away.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. $10 Minimum Deposit Casino Bonuses. Although many online minimum deposit casinos will allow you to start playing with a small first deposit, that deposit may not be enough to trigger the welcome bonus. The most popular bonuses are the 100% match bonuses and the ever – popular free spins bonus. We have selected the best online casinos that.

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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.

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.

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.

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.

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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.

Trading with a top forex broker like XM is a forward step in the trading career of anyone looking to break into the sector.

Our XM review details exactly what is on offer with this broker providing extensive access to a wide range of markets.

Here we will take a closer look at the financial side of things.

The XM minimum deposit to be exact.

Minimum Deposit Forex

This is something which can certainly influence how you trade so it is well worth noting.

We will look at the minimum deposit for XM by funding method and account type to make sure that we cover all traders.

XM Account Base Currency

As with most top brokers, XM accounts are available with many several base currencies. The XM base currency is the one that you trade with and effectively depends upon which account and regulatory type you fall under.

If you have an XM standard or micro account, you can look forward to choosing every major currency as your XM base currency. Also included are PLN and HUF as other options as well as ZAR and SGD.

Russian RUB is available only if you are located outside of CySEC and FCA regulatory areas.

Minimum Deposit

If you are an XM Zero account holder, you can access USD or EUR as base currencies with JPY available under global market regulation.

XM Ultra-Low account holders can select between five base currencies. These are EUR, USD, GBP, AUD, and CHF.

If you are an XM Shares Account holder, USD only is available for trading with.

XM Funding and Deposit Methods

Again there is a range of XM deposit methods available to traders. These will depend on the country in which you live and not the regulatory jurisdiction you fall under.

Wondering for example if you can make a minimum deposit in ZAR?

The answer is yes, you can deposit in any currency, this includes ZAR. These funds will then simply be converted into your base currency for trading on your account.

Wire Transfer

XM deposit by wire transfer is, of course, available and widely used. This funding method is available to traders worldwide and there is an minimum deposit of $60 in place here.

With that said, you will incur a fee if the wire transfer you make falls below $200. If the deposit is above this amount, then not only will XM waive any fees they charge, they will also cover any fee you would usually incur from your own bank side. Therefore, although it is not explicitly required, it is in your best interest to deposit more than $200.

Credit Cards

Credit card deposits are available through both Visa and Mastercard at XM. These are accessible to traders around the world with a minimum deposit amount of just $5.

There are no fees associated from the broker side, but again if your financial provider does levy a fee, this will be covered for anything over a $200 deposit by XM.

eWallet

Again, the minimum XM deposit through an eWallet is only $5. This can be made through Neteller, Skrill, Perfect Money, or a host of others dependent upon your country. At this time XM PayPal deposits are not available.

Cryptocurrency deposit in the form of Bitcoin is available but again this will depend on your location to determine if this option is open to you or not. There are no fees from the broker side for deposits through these methods.

Other XM deposit options

Other XM deposit options available include both Western Union and MoneyGram although these will depend on your location and fees may be applied for these services although not from the broker side.

Various local methods and local bank transfer deposits may also be open to you depending on your area. These minimum deposits will vary.

XM Minimum Deposits

As with most low deposit forex brokers, beyond the funding methods, the XM broker minimum deposits may also depend on the account type you are holding. Here is a rundown of what to expect depending upon the account type you have.

Standard Account

The XM Standard Account is available under every jurisdiction and with a very good value $5 being the minimum deposit here, it is easy to see why many choose to trade with it.

Islamic accounts are also available if you should require them.

Micro Account

Again, the XM minimum deposit on their micro accounts is suitably small at just $5. These accounts facilitate trading in micro lots at excellent rates and are available to all traders in every regulatory area. Islamic traders are also catered for.

XM Zero Account

Changing things up slightly, we arrive at the XM Zero Account. This account type is available under CySEC, FCA, and most of the countries regulated under the XM Global Market regulatory framework.

The spreads here are unbeatable starting at 0 pips although commissions are charged on trading. The XM minimum deposit for trading on these accounts is still just $100. This represents good value since you can also have access to your own VPS. Again Islamic, Shariah Law compliant accounts are available.

Ultra Low Account

This XM Low spread account type is available to traders based in Australia and within the XM Global Market regulatory framework. This account comes with extra low spreads and no commission to worry about.

The minimum deposit on this account type is $50.

Shares Account

Finally, the XM Shares Account which focuses on shares trading is available only within the XM global market regulatory area and with a $10,000 minimum deposit.

Minimum Deposit Fee

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Deposit Bonus

XM bonus amounts and XM deposit bonuses are available though not to those regulated under CySEC or FCA rules. Also, although you can receive bonuses under certain circumstances with XM, the bonus amounts themselves are typically not eligible to withdraw, though any profits derived from them usually are.

No Deposit Bonus

Unlike many brokers, an XM no deposit bonus is available. This means you can effectively start trading without any real money. While you cannot withdraw the bonus funds, you can withdraw any profits made from them.

This XM bonus amount is in the form of a $30 welcome bonus or the equivalent amount based on your account.

XM Bonus Program

An XM bonus program is in place. This program provides for a 50% deposit bonus up to $500 and then a further 20% deposit bonus on amounts up to $4500. This can be redeemed through trading with the broker. The only exception with this is that it is not available with XM Ultra-Low Accounts.

Minimum Deposit For Bank Of America