BenchMark Finance’s minimum deposit amount required to register a live trading account is $ 0 USD. This minimum deposit is equivalent to R 0 ZAR at the current exchange rate between the USD Dollar and the South African Rand at the time of writing
BenchMark Finance at a glance
| Broker's Name | Benchmark Finance |
| 🏛️ Headquartered | Bulgaria |
| 📅 Year Founded | 2003 |
| ⚖️ Regulating Authorities | FSC, CNMV, BaFin, CONSOB and AMF |
| ⏳ BaFin | Number 5279 |
| ⏳ CONSOB | Number 75973 |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📎Sign up Bonus | No |
| 👍 Demo Account | Yes |
| 📌 Account types | One account for live trading |
| 📎 Commission | 0% deposit and withdrawal fees |
| 📎 Spreads | 0.1 minimum spread eur/usd |
| 📎 Leverage | 1:400 leverage |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 for retail and 1:400 for professional |
| 💰 Minimum Deposit | $ 0 |
| 💳 Deposit Options | Debit Cards, Credit cards, Bank Wire Transfer, Funds Transfer |
| 💳 Withdrawal Options | Debit Cards, Credit Cards, Bank Wire Transfer, Funds Transfer |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5 |
| 📱 OS Compatibility | Web browsers, Windows, Linux iOS, Android |
| 📈 Tradable assets offered | Forex, Stocks, Metals, Oil, Indices, Cryptocurrencies, Futures and CFDs |
| 👨💼 Languages supported on Website | English, Russian, Turkish, Spanish, French, German, Chinese, Polish, Bulgarian |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
Min Deposit
USD 0
Regulators
FSC, CNMV, BaFin, CONSOB, AMF
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
180
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BenchMark Finance Minimum Deposit – 7 key points quick overview:
BenchMark Finance at a glance- BenchMark Finance Minimum Deposit
- BenchMark Finance Deposit fees and deposit methods
- Step by step guide to depositing the minimum amount to BenchMark Finance account
- BenchMark Finance Pros and Cons
- BenchMark Finance Conclusion
- Frequently Asked Questions
BenchMark Finance Minimum Deposit
With Benchmark Finance there is no minimum deposit requirement.
Even though Benchmark Finance does not require a minimum deposit amount, traders must ensure that they fund their account with enough to cover the margin requirements before opening positions.
Traders must ensure that they keep up to date with the current exchange rate between the US Dollar and the South African Rand, which is ZAR 14.34 at the time of writing.
Benchmark Finance strictly regulated by several regulatory bodies in Europe, namely The Financial Supervision Commission (FSC), the National Securities Numbering Agency (CNMV), the Germany Federal Financial Supervisory Authority (BaFin), the Italian Companies and Exchange Commission (CONSOB), the Financial Conduct Authority (FCA) and the France Financial Markets Regulator (AMF).
Funds are required to be kept in separate accounts than that of the broker to ensure that traders use these funds to conduct trading activities and not by the broker for conducting its own business.
Benchmark Finance do not accept third-party payments and funds received from an unknown source will be returned to the source.
Although there is no indication if traders are liable for any cost that might occur should money be returned, it can be assumed that transaction fees may be charged by the payment provider.
When traders deposit any funds into their account, they must ensure that the name on the account from where they are depositing corresponds with that in which they registered their live trading account.
BenchMark Finance Deposit fees and deposit methods
No minimum deposit is required when registering for a live account with Benchmark Finance. Despite this, traders are advised to deposit enough funds to conduct trading with.
The deposit methods that can be used by Benchmark Finance are:
- Debit Cards
- Credit Cards
- Bank Wire Transfer
- Funds Transfer
The only deposit currencies supported by Benchmark Finance are USD and EUR.
Traders are advised to verify whether their own financial institution waives its fees as there may be additional fees payable.
Step by step guide to depositing the minimum amount to BenchMark Finance account
1. Step 1 – Login to an existing account
Traders can log into their member’s area on the Benchmark Finance website after they have registered for a live trading account.
2. Step 2 – Login and make deposit
Navigate to the section dedicated to deposits, select the deposit method, currency, and the amount that they wish to deposit.
Then follow further instructions to complete the deposit. Depending on the payment methods used, deposits may reflect instantly, or take a few days to reflect in the trading account.
BenchMark Finance Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account offered | Limited account currencies accepted |
| Offers commission-free trading on most financial instruments | Limited payment methods |
| Offers tight spreads | No Islamic Account offered |
| Over 30 000 financial instruments to trade with | No US clients accepted |
| Trading done on MetaTrader 4 and MetaTrader 5 | Restricted leverage for retail clients |
| Well-regulated though various regulatory entities in the European jurisdiction | No referral bonus offered |
| Offers competitive and attractive trading conditions | No welcome bonus, deposit bonus, and no other broker bonuses offered with first time sign up |
| Can access all free educational resources on offer | Demo account expires after 30-days |
| Demo account sign-up fully digital | Only offer MetaTrader 5 for demo account offered |
| Have access to all tradable financial instruments | |
| Offers adequate virtual funds and have an option to add more | |
| Sign-up completed in minutes |
Min Deposit
USD 0
Regulators
FSC, CNMV, BaFin, CONSOB, AMF
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
180
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
BenchMark Finance Conclusion
BenchMark Finance’s minimum deposit amount required to register a live trading account is $ 0 USD. This minimum deposit is equivalent to R 0 ZAR at the current exchange rate between the USD Dollar and the South African Rand at the time of writing
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Frequently Asked Questions
What is the minimum deposit for Benchmark Finance?
$ 0.
How do I make a deposit and withdrawal with Benchmark Finance?
- Debit cards
- Credit card
- Bank wire transfer
- Fund’s transfer
Does Benchmark Finance charge withdrawal fees?
No. However, traders should take note that fees from financial institutions may apply.
How long does it take to make a withdrawal?
Benchmark Finance indicates that all withdrawals, despite the payment method, take up to 30 minutes to process.
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