Min Deposit USD 100 Regulators FSP, ASIC Trading Platform MT4 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
The Charterprime minimum deposit amount to open a real trading account is $100. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.
Choose your quick section of our Charterprime Minimum Deposit below.
Our Charterprime Minimum Deposit Revealed:
- ✔️Minimum Deposit
- ✔️Deposit fees and deposit methods
- ✔️Step by step guide to deposit the minimum amount
- Pros and Cons
Here is our overview of the Charterprime Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Minimum Deposit
Charterprime has a minimum deposit requirement of only $ 100.
This minimum deposit amount was equivalent to ZAR 1500 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
Charterprime’s authorisation as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.
Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that Charterprime requires when traders register a live account is fair.
Charterprime offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
Charterprime accepts the following payment methods:
- China UnionPay
- Neteller
- Skrill
- Wire Transfer
- Bitcoin
- ePayments
Charterprime does levy additional deposit fees, and third-party charges may also be applicable. Processing times for deposits are promised to be fast – within 24 hours.
Charges may vary according to bank, so traders should consult their banks for more details on the charges.
Time taken is subject to processing procedures of both third-party and beneficiary banks. Traders should also be aware that all funding methods may not be available in their region.
USD, AUD, and NZD are accepted as Deposit currencies.
Traders must ensure that they verify whether their financial institution charges its own fees.
Step by step guide to depositing the minimum amount
Traders can fund their accounts by sending the funds to one of the Charterprime 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.
Funds must be transferred in the same currency as the bank account which they are sending it to, to prevent currency conversion fees being charged.
Min Deposit USD 100 Regulators FSP, ASIC Trading Platform MT4 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
|---|---|
| Fair minimum deposit requirement | No CFDs on stocks |
| Many ways to fund accounts | No cryptocurrencies |
| Sound regulation | Trading conditions poorly presented |
| STP execution | Unrealistic demo spreads |
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Frequently Asked Questions
Does Charterprime have a minimum deposit?
Yes, read more about the Charterprime minimum deposit here.
What is the minimum deposit required to open an account with Charterprime?
$ 100.
How do you make a deposit and withdraw money with Charterprime?
Charterprime offers the following deposit and withdrawal methods:
- BankWire
- China UnionPay
- Neteller
- Skrill
- Bitcoin
- ePayments
The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.
Does Charterprime charge withdrawal fees?
No, but fees from financial institution may apply.
How long does it take to make a withdrawal?
Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available.
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