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InterTrader Minimum Deposit

InterTrader Minimum Deposit

 

Overall Rating

4.4/5

Rated #300 of
Recommended FX Brokers

💰Minimum Deposit

USD 500

🌐 Regulators

GFSC, FCA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

2000

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker
 

 

The InterTrader minimum deposit amount to open a real trading account is 500 (Five Hundred) US Dollars.  The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours*

Finding a reputable list about InterTrader minimum deposit local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Minimum Deposit Review regarding this regulated Forex company, which will assist traders to make an informed decision, when it comes to funding your trading account.

 

Minimum Deposit

 

InterTrader has a minimum deposit requirement of $500.

This minimum deposit amount is equivalent to ZAR 7417.03 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

InterTrader is a broker who is authorized and regulated by strict regulatory entities xxx 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.

 

Deposit fees and deposit methods

 

When compared with other brokers, the minimum deposit that InterTrader requires when registering a live account is not competitive as the amount is high.

InterTrader offers traders the following payment methods which can be used when making deposits:

  • Credit cards
  • debit cards
  • Visa
  • Mastercard
  • E-Wallets include:
  • Skrill

 

Deposit currencies that are accepted include:

USD/GBP/ EUR.

Besides, when making use of Credit/Debit Cards, there are the following deposit fees waived:

Traders must ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable. These often depend on the payment method used as well as the amount which is deposited into the trading account.

 

Overall Rating

4.4/5

Rated #300 of
Recommended FX Brokers

💰Minimum Deposit

USD 500

🌐 Regulators

GFSC, FCA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

2000

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker
 

 

Step by step guide to depositing the minimum amount

 

When funding the trading account, traders can do it from their own bank account by sending the funds to one of the InterTrader segregated client accounts.

Traders can also access the option to deposit the minimum amount from their personal area after having registered a live trading account which has, subsequently, been approved.

Traders must log in to their personal area, select the option for deposits, and follow the instructions to deposit into their trading account. Traders must ensure that they select the correct deposit currency before they make a deposit.

Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.

InterTrader Demo Account

InterTrader offers traders the option of opening a Demo Account which can be utilized in many ways, including, but not limited to the following:

  • A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
  • Traders who are evaluating and comparing brokers who would like to explore InterTrader’s trading conditions in a risk-free environment, and
  • Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

 

InterTrader demo account sign-up is fully digitalized and hassle-free.

It can be done within a few minutes and as soon as the trader is registered, demo trading can commence once the trader has downloaded and installed their trading platform of choice, and on their web browser.

 

Pros and Cons

✔️ PROS ❌ CONS
Well regulated No US clients
Award-winning broker No Islamic Account for Muslim traders who follow Sharia Law.
Segregated accounts Limited deposit and withdrawal options
Demo account High minimum deposit

 

 

You might also like: InterTrader Account Types

You might also like: InterTrader Demo Account

You might also like: InterTrader Fees and Spreads

You might also like: InterTraders Sign Up Bonus 

 

FAQ’s

 

What is the minimum deposit for InterTrader?

The minimum deposit is $500 for InterTrader.

 

How do I make a deposit and withdrawal from InterTrader?

  • Credit cards
  • debit cards
  • Visa
  • Mastercard
  • E-Wallets include:
  • Skrill

 

Does InterTrader charge withdrawal fees?

InterTrader does not charge any withdrawal fees but other financial institutions’ costs may apply.

 

How long does it take to make a withdrawal?

This will depend on the payment method used. It can take between 30 minutes up to a few working days.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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