Avatrade minimum deposit amount required to open a live trading account in South Africa is $100 / R1843 ZAR. AvaTrade does not charge fees when deposits are made. AvaTrade offers a wide selection of deposit methods, which vary for different regions.
| 💳 Minimum Deposit | $100 / R1843 |
| 💰 Deposit Fees | None |
| 📈 Withdrawal Fees | None |
| 🔎 Deposit Methods | credit cards, wire transfer, Skrill, WebMoney and Neteller |
| 🚀 Open an account | Open Account |
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
AvaTrade Minimum deposit – 9 key points quick overview:
- ☑️Overview
- ☑️AvaTrade at a Glance
- ☑️AvaTrade Deposit Fees and Methods
- ☑️Broker Comparison
- ☑️Guide to Deposit AvaTrade Minimum Amount Step-by-step
- ☑️Pros and Cons
- ☑️Customer Reviews
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
AvaTrade is strictly regulated by several reputable regulatory entities: ASIC, BVI, CBI, FFAJ, FSA, and FSCA. These entities require that client funds be kept separate from the broker account in segregated accounts.
By complying with this, amid numerous other strict rules and regulations, brokers can assure traders that their funds are secure and that they will not be used for anything other than the execution of trades.
AvaTrade at a Glance
| Broker | Avatrade |
| 📜 FSCA regulated | Yes |
| 🕖 Time to open an account | 1 day |
| 🗺️ Service Description | CFD Regulated broker with +1000 financial instruments and multiple trading platforms, operating since 2006. |
| 🚀Bonus | Open a trading account in 1 minute and receive up to $10 000 Bonus. |
| 🎁 Sign Up Bonus | 20% welcome bonus accordingly to regulation |
| 🥇Publicly Traded (Listed Company) | No |
| 🗺️ Country of regulation | Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch. |
| 🔥Trust Score | 97% |
| 🔥Live support | 24/5 |
| 📱 MetaTrader 4 (MT4) | Yes |
| 📱 MetaTrader 5 (MT5) | Yes |
| 📊Trading Islamic Account | Yes, available |
| 📊CFDs - Total Offered | 1200 |
| 📊CFD Stock Indices | Yes |
| 📊CFD Commodities | Yes |
| 📊CFD Bonds | Yes |
| 📈Tier-1 Licenses | 3 |
| 📈Tier-2 Licenses | 3 |
| 📈Tier-3 Licenses | 3 |
| 💳 Deposit with credit card | Yes |
| 💳 Demo Trading Account | Yes |
| 💱 Number of base currencies supported | 5 |
| 💰 Spreads | 0,9 pips |
| 💰Leverage | 1:400, EU - 1:30 and 1:400 (Professional Accounts) |
| 💰Currency Pairs (Total Forex pairs) | 60 |
| 💰 Withdrawal fee amount | Zero |
| 💰 Trading fees class | Very Low |
| 💰 Minimum deposit | $100/R1843 |
| 💰 Inactivity fee charged | Yes |
| 👛 Depositing with electronic wallet | Yes |
| 🎮 Demo account provided | Yes |
| ✔️Apple iOS App | Yes |
| ✔️Android App | Yes |
| 📅 Year of Foundation | 2006 |
| 🔢 Number of Employees | 300+ |
| 🔢 Number of clients | +400 000 clients |
| 📙 Website Languages | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish. |
| 💵 Account currencies | AUD, JPY, GBP, USD, EUR, CHF |
| 📙 PAMM | MAM/Mirror (depending on GEO) |
| ✔️ Scalping Allowed | Yes |
| ✔️ Scalping | Millisecond trading |
| 🗺️ Hedging | Open Buy & Sell positions simultaneously |
| 🥇 Instruments Offered | 850+ |
| 🥇 Trading Instruments | Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds |
| 🥇 Total offered per instrument | CFD - Agricultural =7 CFD - Crypto = 20 CFD - EFTs = 5 CFD - Energies = 5 CFD - Indices = 32 CFD - Metals = 7 CFD - Shares = 623 Forex = 55 GRAND Total = 809 |
| 🥇 Total offered per instrument | Real Account, Demo Account, Islamic Account. Options Account |
| ✔️Safety of Funds | segregated accounts and negative balance protection |
| 📙 Demo Account Description | Free Demo Accounts with $100,000. No limitations on the number of demo accounts. 21 days limitation |
| 📍 Sponsership | Currently with Bolt |
| 📜 Related Regulations | - AVA Trade EU Ltd is regulated by the Central Bank of Ireland. (No.C53877) - Ava Trade Markets Ltd. is regulated by the B.V.I Financial Services Commission - Ava Capital Markets Australia Pty Ltd is regulated by the ASIC No.406684. - Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984). - Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574). - Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) (No.190018). - DT Direct Investment Hub Ltd. is regulated by the Cyprus Securities and Exchange Commission (No. 347/17). - ATrade Ltd is regulated in Israel by the Israel Securities Authority (No. 514666577). |
| 📍 Partnership | Trading Central |
| 📙 Education | Sharp Trader, Videos, Articles, Webinars, eBook. |
| 💰 Fees and Commissions | Forex/CFD overnight interest, No margin interests, No commissions (unless stated otherwise) |
| 📈 Trading Platforms | MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader |
| 📈 Mobile trading | AvaTradeGO (only with MT4), MetaTrader 4, MetaTrader 5, AvaProtect |
| 📈 Automated Trading | MQL5 Signal Service, API Trading, DupliTrade, ZuluTrade |
| 📈Social Trading | Yes, Ava social trading |
| 📍 South African Office Address | 2nd Floor, Nelson Mandela Square Office towers West, Sandton, Johannesburg, 2196 |
| ☎️ South African Telephone Number | 010 594 1353 |
| ❌ Banned Countries | US, North Korea, New Zealand, Iran, Belgium |
| 💰 Average deposit/withdraw processing time | Depends on the method used. - CC and e-payments is immediate. Bank wire can take up to 7 business days depending on the banking institution. |
| 🇿🇦 ZAR accounts | Yes, Avatrade offers ZAR trading accounts |
| 🎓Affiliate Program | Yes, up to 50% + commission |
| 🚀 Open an account | 👉 Open Account |
AvaTrade Deposit Fees and Methods
Compared to other brokers, the minimum deposit of $100 / R1846,76 ZAR is an industry-standard most brokers require. AvaTrade does not charge fees when deposits or funds are withdrawn from the trader’s account.
However, traders must verify any fees their financial institution may charge when making deposits or withdrawals.
AvaTrade offers traders the following payment methods, which can be used when deposits or withdrawals are made.
Avatrade Payment Methods
| 🔎Category | 📋Details |
| 💴Bank Transfer | Yes |
| 💳Credit/Debit Card | Yes (Visa, MasterCard) |
| 💴E-Wallets | Yes (Neteller, Skrill, WebMoney, Perfect Money, and others) |
| ⏱Deposit Processing Time | Instant to 2 business |
| ⏰Withdrawal Processing Time | 1-5 business days |
| 💶Currency Options | Multiple currencies supported (including USD, EUR, GBP, ZAR, and more) |
| 💵Deposit Fees | AvaTrade does not charge fees for deposits |
| 💰Withdrawal Fees | AvaTrade does not charge fees for withdrawals, but bank or payment provider fees may apply |
| 💳Minimum Deposit | $100 / R1846,76 ZAR |
| ➕Maximum Deposit | Varies depending on payment method and account type |
| 🔑Security Features | SSL encryption, account segregation, two-factor authentication |
AvaTrade supports the following deposit currencies through which traders can fund their accounts:
Supported Currencies
| 💸 USD | United States Dollar |
| 💸 EUR | Euro |
| 💸 GBP | British Pound Sterling |
| 💸 CHF | Swiss Franc |
| 💸 AUD | Australian Dollar |
| 💸ZAR | South African Rand |
| 💸JPY | Japanese Yen |
| 💸CAD | Canadian Dollar |
| 💸SGD | Singapore Dollar |
| 💸HKD | Hong Kong Dollar |
| 💸NZD | New Zealand Dollar |
| 💸PLN | Polish Zloty |
| 💸HUF | Hungarian Forint |
| 💸CZK | Czech Koruna |
| 💸BTC | Bitcoin (Cryptocurrency) |
Deposits in AUD can only be made by Australian traders, while GBP deposits can only be made by traders who reside in the United Kingdom.
AvaTrade supports reliable deposit and withdrawal methods that ensure secure transfers. However, AvaTrade reserves the right to request verification documents when deposits or withdrawals are made.
This is to ensure compliance with regulatory entities. The documents form part of the ‘Know Your Client’ (KYC) process, which aims to ensure a safe trading environment and the security of client funds and information.
Broker Comparison
| 🔖Feature | 🥇AvaTrade | 🥈FBS | 🥉XM |
| 💰 Minimum Deposit | $100 / R1843 ZAR | $1 / R18.43 ZAR | $5 / R92.31 ZAR |
| 👨💼Account Types | Standard, Professional, Spread Betting (UK & Ireland only), Swap-Free (Islamic) | Cent, Micro, Standard, Zero Spread, ECN | Micro, Standard, XM Ultra Low, Shares |
| 💳Deposit Methods | Bank Transfer, Credit/Debit Card, E-Wallets (Neteller, Skrill, etc.) | Bank Transfer, Credit/Debit Card, E-Wallets, Local Payment Methods | Bank Transfer, Credit/Debit Card, E-Wallets (Neteller, Skrill, etc.) |
| 💶Currency Options | Multiple (USD, EUR, GBP, ZAR, AUD, etc.) | Multiple (USD, EUR, GBP, etc.) | Multiple (USD, EUR, GBP, ZAR, AUD, etc.) |
| ⏱Deposit Processing Time | Instant to 2 business days | Instant to 2 business days | Instant to 2 business days |
| ⏰Withdrawal Processing Time | 1-5 business days | 1-5 business days | 1-5 business days |
| 💴Deposit Fees | No fees from AvaTrade, payment provider fees may apply | No fees from FBS, payment provider fees may apply | No fees from XM, payment provider fees may apply |
| 💵Withdrawal Fees | No fees from AvaTrade, payment provider fees may apply | No fees from FBS, payment provider fees may apply | No fees from XM, payment provider fees may apply |
| 🛡️Regulation | ASIC, FSA, FFAJ, FSCA, Central Bank of Ireland | IFSC, CySEC, ASIC | IFSC, CySEC, ASIC |
| 👉Open an account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Guide to Deposit AvaTrade Minimum Amount Step-by-step
Once registered for a live trading account, traders can follow the following steps to deposit the minimum amount required:
Step 1 –Locate the deposit option on your Avatrade dashboard.
The trader can click ‘Deposit’ on the account and select their preferred deposit method.
Step 2 – Click on the Fund your Account option.
You can choose your preferred method once you have selected to fund your account.
Step 3 – Enter the amount you wish to deposit.
Add the payment method details into the fields.
Step 4 – Click on ‘Deposit‘
Click on Deposit to make a payment.
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Pros and Cons
| ✅Pros | ❌ Cons |
| Low minimum deposit amount of $100/R1843 | E-payments not available to EU or Australian clients |
| No deposit fees | Canadian clients cannot use credit cards to deposit funds |
| Variety of payment methods supported | |
| Variety of deposit currencies |
Customer Reviews
🥇Awesome Broker
AvaTrade offers many assets, including forex, commodities, and cryptocurrencies. The spreads are competitive, but support can be slow. They’re well-regulated and offer solid educational resources. The trust score is high. John Miller reviewed it.
🥈Great Choice
AvaTrade provides an excellent selection of asset classes and solid educational materials. The spreads are reasonable, and top-tier authorities regulate them. However, customer service could improve. Reviewed by Sarah Thompson.
🥉Good Choice
AvaTrade is well-regulated, with offerings across forex, indices, and stocks. Spreads are competitive, though service quality varies. Educational resources are extensive, but platform issues arise during high traffic. Reviewed by Mohamed Al-Farsi.
Conclusion
AvaTrade offers a minimum deposit of $100 and does not charge fees when deposits or funds are withdrawn from the trader’s account. It offers a choice of deposit methods, including credit cards, wire transfers, and e-payments such as Skrill, WebMoney, and Neteller, which are not available to EU and Australian clients.
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Frequently Asked Questions
What is the minimum deposit for AvaTrade?
The minimum deposit for AvaTrade is $100 / R1846,76 ZAR.
How do I make a deposit and withdrawal with AvaTrade?
AvaTrade offers the following popular deposit and withdrawal methods:
- Credit/Debit Card (cannot be used by Canadian clients)
- Wire Transfers
- E-payments including Skrill, WebMoney, and Neteller (these are not available for use by EU or Australian clients)
AvaTrade prohibits third-party payments. When opening a live account, deposits and withdrawals must be made to and from the account the trader registers for.
Does AvaTrade charge withdrawal fees?
No. However, traders must verify whether transaction fees are waived with their payment provider.
How long does it take to make a withdrawal?
Between one and several business days, they depend on the payment method.
Does the minimum deposit amount differ between account types on AvaTrade?
Yes, the minimum deposit amount may vary depending on your account type.
Can I withdraw my deposit, and are there any withdrawal fees?
You can withdraw your deposit anytime, but minimum withdrawal amounts and potential fees may apply.
What happens if I deposit less than the required minimum amount?
Depositing less than the required minimum may prevent you from opening a trading account or accessing certain features.
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