Advanced Markets Minimum Deposit is $250 / R 4 296,94 ZAR. This is very high when compared to other brokers’ minimum deposit fees making it less accessible to beginners and smaller retail traders.
Advanced Markets at a Glance
| 🔎 Broker's Name | Advanced Markets |
| 📍 Headquartered | Charlotte, North Carolina |
| 📅 Year Founded | 2006 |
| ⚖️ Regulating Authorities | NFA, ASIC, FCA |
| 🌐 Countries not accepted for trade | China, United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:100 |
| 💰 Minimum Deposit | $250 / R 4 296,94 ZAR |
| 💳 Deposit Options | Wire transfer |
| 💳 Withdrawal Options | Wire transfer |
| 💻 Platform Types | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📱 OS Compatibility | Linux, Mac OS and Windows, Android and iOS mobile |
| 📈 Tradable Assets | Currencies: 65+ Cryptocurrencies: 5+, including Bitcoin, Litecoin and Ethereum CFD: 60+ including Gold, Silver, Stocks, Stock Indexes, Oil, and Other Commodities |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | English |
| 📆 Customer Service Hours | 24 hours per day, 7 days per week |
| 👉 Open a account | 👉 Open Account |
Min Deposit
USD 250
Regulators
NFA, ASIC, FCA
Trading Platform
MT4, Forex 5 Desktop, Fortex 6 Web, Currenex Classic
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Advanced Markets Minimum Deposit below.
Advanced Markets Minimum Deposit – 7 key points quick overview:
Advanced Markets Minimum Deposit- Advanced Markets Deposit fees and deposit methods
- Advanced Markets Step-by-step guide to deposit the minimum amount
- Advanced Markets At a Glance
- Advanced Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Advanced Markets Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Advanced Markets Minimum Deposit
Advanced Markets requires a minimum deposit of $2 500 to open its trading account. The minimum required amount to set up an account can further depend on what type of client you are, yet, the minimum amount remains at $2 500 USD for the standard account.
This minimum deposit amount was equivalent to about ZAR 35 500 at the average exchange rate between the US Dollar and the South African Rand at the time of writing.
Due to Advanced Markets’ authorization as a broker, a requirement is that client funds must be kept in segregated accounts from the broker account and can only be used by traders to conduct trading activities.
Advanced Markets Deposit fees and deposit methods
Compared to other brokers, the minimum deposit required by Advanced Markets when registering a live account is very high.
Advanced Markets offers traders only one payment or deposit method that can be used to fund their accounts or withdraw money, namely Bank Wire Transfer.
Wiring money is typically the fastest way of funding a trading account, probably the reason the broker chose this option as the only one. A multilevel server system with the latest encryption software is used by the broker to perform secure transactions.
Advanced Markets does not charge deposit fees, but third-party charges from traders’ banks may apply. Processing times are promised to be quick, but no exact indication of time is given.
Deposit currencies that can be used are EUR, USD, and GBP.
| 💳 Wire Transfer |
| 🌐 Account | Advance Account | Advanced Plus Account | Raw Spread Account |
| 💰 Minimum Deposit | $1000/R15 060 | $250/R3760 | $20 000/R301 295 |
| 💻 Platform Types | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic | MetaTrader 4, Fortex 5 Desktop, Fortex 6 Web, Currenex Classic |
| 📈 Maximum Leverage | 1:400 | 1:400 | 1:200 |
| 👍 Demo Account | Yes | Yes | Yes |
| 💰 Spreads | from 0.9 pips | from 1.3 pips | from 0.0 pips |
| 📱 OS Compatibility | Linux, Mac OS and Windows, Android, and iOS mobile | Linux, Mac OS and Windows, Android, and iOS mobile | Linux, Mac OS and Windows, Android, and iOS mobile |
| 👉 Open a account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Advanced Markets Step-by-step guide to deposit the minimum amount
Step 1 – LOG INTO ACCOUNT
- Log into the accounts area on the broker’s website
Step 2 – Upload further information
Traders can fund their accounts by sending the funds to one of the Advanced Markets segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
Step 3 –Submit your account
Funds must be transferred in the same currency as the bank account to which they are sending them, to prevent currency conversion fees from being charged.
Min Deposit
USD 250
Regulators
NFA, ASIC, FCA
Trading Platform
MT4, Forex 5 Desktop, Fortex 6 Web, Currenex Classic
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Advanced Markets Pros and Cons
✔️ Pros ❌ Cons
Deposits can be made in several currencies Only one payment method in use
Latest encryption software used to perform secure transactions. Large minimum deposit required
Segregated accounts are used for client’s funds
Conclusion
The Advanced Markets Minimum Depositis $2500. This is very high when compared to other brokers’ minimum deposit fees, making it less accessible to beginners and smaller retail traders.
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Frequently Asked Questions
What is the minimum deposit for Advanced Markets?
A minimum deposit of $ 2500 / ZAR 37611,75 (at the current exchange rate at the time of writing) is needed to open a live trading account
How do you make a deposit and withdraw money with Advanced Markets?
Advanced Markets offers only one deposit and withdrawal method, which is Bank Wire Transfers.
How long does it take to make a withdrawal?
The broker promises that withdrawals are processed fast, but the money may take a few days to be available in a customer’s bank account.
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