Valutrades Minimum Deposit

 

A Valutrades minimum deposit Review

 

Valutrades Minimum Deposit

 

The Valutrades minimum deposit amount that Valutrades requires is $50.

The minimum deposit amount of $50 when registering a live account is equivalent to ZAR877.99 at the current exchange rate between US Dollar and South African Rand on the day and at the time that this article was written.

Valutrades is a UK-based broker and is authorized and regulated by one of the most demanding regulating entities namely FCA, 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 Valutrades 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

 

Valutrades does not charge any fees when deposits are made into the trader’s account. Valutrades offers a vast amount of payment methods which include, but is not limited to:

  • Bank Wire Transfer
  • Credit/Debit Cards
  • UnionPay
  • Rapid Transfer
  • Advanced Corretora
  • Boleto
  • Neteller
  • Skrill, and more.

 

Valutrades supports a wide variety of deposit currencies in which traders can fund their accounts which includes, but is not limited to:

  • AUD
  • CHF
  • EUR
  • GBP
  • ZAR
  • USD, and more.

 

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:

  1. Log into the Client Portal and select ‘Deposit’
  2. Select the deposit method along with the amount.
  3. After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

 

Pros and Cons

 

PROS CONS
1.      Deposit fees are not charged 1.      None noted
2.      Quick and easy depositing of funds  
3.      Low minimum deposit amount  
4.      Wide variety of payment methods offered  
5.      Wide variety of deposit currencies supported  

 

FAQ

 

What is the minimum deposit for Valutrades?

$50

 

How do I make a deposit and withdrawal with Valutrades?

You can make use a wide variety of deposit and withdrawal methods including, but not limited to:

  • Bank Wire Transfer
  • Credit/Debit Cards
  • UnionPay
  • Rapid Transfer
  • Advanced Corretora
  • Boleto
  • Neteller
  • Skrill, and more.

 

Does ThinkMarkets charge withdrawal fees?

Yes.

The exact amount is not provided, and withdrawal fees are only charged when traders have exceeded their three free monthly withdrawals.

 

How long does it take to make a withdrawal?

  • Bank Wire Transfer – from one to several business days
  • Credit/Debit Cards – from a few hours to a few business days
  • UnionPay – from a few hours to a few business days
  • Rapid Transfer – up to a few hours
  • Advanced Corretora – from a day to a few business days
  • Boleto – from a day to a few business days
  • Neteller – within a few minutes
  • Skrill – within a few minutes