
Account Type | Minimum Deposit |
📊 Standard Account | $250 (3,860 ZAR) |
📊 ParagonEx Mini Account | $500 (7,700 ZAR) |
📊 ParagonEx Standard Account | $1,000 (15,460 ZAR) |
📊 ParagonEx Gold Account | $5,000 (77,280 ZAR) |
📊 ParagonEx Platinum Account | $10,000 (150,460 ZAR) |
📊 ParagonEx Diamond Account | $50,000 (770,280 ZAR) |
📊 ParagonEx VIP Account | $100,000 (1,545,730 ZAR) |
Min Deposit
USD 250
Regulators
CySEC
Trading Platform
MT5, ParagonEx WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our 1Market Minimum Deposit below.
1Market Minimum Deposit – 6 key points quick overview:
- ✔️Minimum Deposit
- ✔️Deposit fees and deposit methods
- ✔️Step by step guide to depositing the minimum amount
- 1Market at a glance
- 1Market Pros and Cons
- Freqeuntly Asked Questions
Here is our overview of the 1Market Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Minimum Deposit
1Market charges a minimum deposit amount starting from 250 USD.
This is equal to 3,860 ZAR, 216 EUR, and 180 GBP according to the current exchange rates between the South African Rand, Euro, and the British Pound against the US Dollar at the time of writing.
1Market is well-regulated and authorized by CySEC in addition to several other entities through its parent company, Podora Limited. This provides 1Market with the necessary licensing to provide its comprehensive trading solutions to traders around the world, including the EEA.
1Market is allowed to operate across EEA regions, which means that it must remain compliant with the strict requirements of MiFID. This includes keeping all client funds in segregated accounts with top-tier banks, separate from the broker account.
In addition, 1Market must ensure that these funds are not used for operational purposes and must only be put towards carrying out trading activities. 1Market is a member of an investor compensation fund, providing eligible traders insurance if the broker goes bankrupt or it is otherwise unable to fulfil its financial obligations.
Deposit fees and deposit methods
1Market does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of 250 USD (3,860 ZAR), they can use any of the following payment methods:
️ Credit Card
️ Debit Card
️ Bank Wire Transfer
️ Neteller
️ Sofort
️ Skrill
️ Paysafecard
️ Rapid Transfer
️ Fast Bank Transfer
️ Global Collect
️ Offline Bank Transfer
️ Online Bank Transfer through Volt (GBP only)
When traders deposit the minimum deposit, they can use the following deposit currencies:
️ USD
️ EUR
️ GBP
Traders must note that the time that it takes for funds to reflect in their trading account will depend on the payment method that they used.
Step by step guide to depositing the minimum amount
Step 1: Visit the official 1market website:
Visit the 1market official website and locate the “register” tab.
Step 2: Fill in all the required details.
Fill in all your personal information to continue opening your account
Step 3: Your account has been created.
After you account has been created you will now be able to deposit funds and start trading.
Traders can do this by accessing the deposit/withdrawal option on their client portal, selecting their preferred payment method and the deposit currency, and entering the amount that they wish to deposit.
1Market at a glance
Broker's Name | 1Market |
📍 Headquartered | Marshall Islands |
📅 Year Founded | 2021 |
⚖️ Regulating Authorities | CySEC, with regulation and licensing through other entities through the parent company, Podora Limited |
🌐 Countries not accepted for trade | United States |
☪️ Islamic Account (Swap Free) | Yes |
👍 Demo Account | Yes |
👍 Institutional Accounts | Yes |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1:30 (Retail), 1:400 (Professional) |
💰 Minimum Deposit | $250 (3,860 ZAR) |
💳 Deposit Options | Credit Card Debit Card Bank Wire Transfer Neteller Sofort Skrill Paysafecard Rapid Transfer Fast Bank Transfer Global Collect Offline Bank Transfer Online Bank Transfer through Volt (GBP only) |
💳 Withdrawal Options | Credit Card Debit Card Bank Wire Transfer Neteller Sofort Skrill Paysafecard Rapid Transfer Fast Bank TransferGlobal CollectOffline Bank Transfer Online Bank Transfer through Volt (GBP only) |
💻 Platform Types | ParagonEx WebTrader, MetaTrader 5 |
📱 OS Compatibility | Safari, Firefox, Opera Mini, Internet Explorer, Chrome, Linux, Windows, macOS, Android, iOS |
📈 Tradable Assets | Forex Commodities Indices ETFs Stock CFDsZero-Commission stocks |
👨💼 Languages supported on Website | English, German, Spanish, French, Thai, Indonesian, Italian, Polish, Turkish, and several others |
👥 Customer Support Languages | Multilingual |
📆 Customer Service Hours | 24/5 |
🚀 Open a account | 👉 Click Here |
1Market Pros and Cons
✔️ Pros | ❌ Cons |
Client fund safety is prioritised | Extremely high minimum deposit requirement |
Flexible funding options | Limited deposit currencies |
Negative balance protection applied | |
There are no deposit or withdrawal fees charged | |
Well-regulated by several entities |
You might also like: 1Market Review
You might also like: 1Market Account Types Overview
You might also like: 1Market Demo Account – Step by Step
You might also like: 1Market Fees and Spreads
You might also like: 1Market Islamic Account Overview
Min Deposit
USD 250
Regulators
CySEC
Trading Platform
MT5, ParagonEx WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Freqeuntly Asked Questions
What is the minimum deposit required to open an account with 1Market?
$250 (3,860 ZAR).
How do you make a deposit and withdraw money with 1Market?
You can use any of the following methods:
- Credit Card
- Debit Card
- Bank Wire Transfer
- Neteller
- Sofort
- Skrill
- Paysafecard
- Rapid Transfer
- Fast Bank Transfer
- Global Collect
- Offline Bank Transfer
- Online Bank Transfer through Volt (GBP only)
Does 1Market charge withdrawal fees?
No, 1Market does not charge any withdrawal fees. However, some payment methods may charge processing fees that 1Market cannot be held liable for.
How long does it take to make a withdrawal?
This will depend on the withdrawal method, but some can take up to 5 working days, such as Bank Wire Transfer.
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