The EGM Securities minimum deposit amount to open a real trading account is $ 15 or currency equivalent. The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.
EGM Securities at a glance
| 🔍 Brokers Name | EGM Securities |
| 🏛 Headquartered | Nairobi, Kenya |
| 📅 Year Founded | 2016 |
| 📝 Regulating Authorities | The Capital Markets Authority (CMA) |
| 🌍 Countries not accepted for trade | United States |
☪️️ Islamic Account | Yes |
| 📒 Demo Account | Yes |
| 🏛 Institutional Account | Yes |
| 💻 Managed Account | Yes |
| 📊 Maximum Leverage | 1:400 |
| 💰 Minimum Deposit | $15 or currency equivalent |
| 💳 Deposit Options 💳 Withdrawal Options | Bank Transfers, Credit/Debit Cards, Neteller, Skrill, Mobile Payment Solutions |
| 📊 Platform Types | MetaTrader4 |
| 📲 OS Compatibility | Linux, MacOS, Android, iOS Tradable Assets Web browsers, Windows, Desktop, Android, iOS |
| 📊 Tradable Assets | 60 currency pair, Precious metals, Indices, Commodities, CFDs, and more. |
| 🌐 Languages supported on Website | English |
| ☎ Customer service hours | 24 hours a day, 5 days a week. |
| 📌 Open an account | 👉 Click Here |
|---|
Min Deposit USD 15 Regulators CMA Trading Platform MT4, MT5 Crypto Yes Total Pairs 66 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
EGM Securities Minimum Deposit – A Key 9 Point Quick Overview
- ✅EGM Securities at a glance
- ✅Overview of EGM Securities Minimum Deposit
- ✅EGM Securities Minimum Deposit
- ✅EGM Securities Deposit fees and deposit methods
- Step by step guide to depositing the EGM Securities minimum amount
- EGM Securities Pros and Cons
- EGM Securities Customer Reviews
- Conclusion
- Frequently Asked Questions
Choose your quick section of our EGM Securities Minimum Deposit below.
Overview of EGM Securities Minimum Deposit
The broker is authorized and regulated by Capital Markets Authority (CMA) as a licensed forex Broker in Kenya. It is part of a global business that can deliver individual, corporate, and institutional services through its decentralized international offices.
EGM Securities provides Negative Balance Protection and promises safety and risk-free relations when trading with it. Client funds, as with most regulatory bodies and financial institutions are kept in separate accounts from the broker account. It can only be used by the trader and not the broker.
EGM Securities Minimum Deposit
EGM Securities offers trading through the globally known MetaTrader 4 and 5 with a choice of two account types, an Executive and a Premiere account.
| 🌐 Executive Account | 🌐 Premiere Account | |
| 💰 Minimum Deposit | $15 | $100 |
| ZAR | R240 ZAR | R1 600 ZAR |
| 💳 Spreads | 1.4 pips | 0.0 pips |
| 📊 Trading Platforms | MetaTrader4 MetaTrader5 | MetaTrader4 MetaTrader5 |
| 📌 Open an account | 👉 Click Here | 👉 Click Here |
|---|
EGM Securities Deposit fees and deposit methods
The minimum deposit that EGM Securities requires when registering a live account is exceptionally low when compared with other brokers. EGM Securities offers traders the following payment methods which can be used when making deposits:
| Bank Transfers | Credit/Debit Cards |
| EFTs | RTGS |
| Mobile Payment Solutions |
Deposit currencies that are accepted include EUR, USD, GBP, and AED.
There are no deposit fees charged when using any of the above-mentioned payment methods. Traders must, however, ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable. These often depend on the payment method used as well as the amount which is deposited into the trading account.
Step by step guide to depositing the EGM Securities minimum amount
When funding the trading account, traders can do it from their own bank account by sending the funds to one of the EGM Securities client accounts. The minimum deposit is made from the personal client area after registering a live trading account that has been approved by the broker.
- Step 1 – Navigate to the EGM Securities website
Traders must navigate to EGM Securities website and log in with the credentials received while registering a live account.
- Step 2 – Log in to the EGM Securities website.
To make deposits traders need to log into the client portal and make a deposit and follow the steps stimulated on the screen.
- Step 3 – Select “Fund Account”
Traders must select “fund account” in order to make a deposit to your EGM Securities trading account.
Min Deposit USD 15 Regulators CMA Trading Platform MT4, MT5 Crypto Yes Total Pairs 66 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
EGM Securities Pros and Cons
| ✔️ PROS | ❌ CONS |
| No deposit fees charged | Account base currencies are limited |
| Regulated through CMA | Currency conversion fees may apply |
| Reliable payment methods offered | Limited payment methods offered |
| Exceptionally low minimum deposit requirement |
EGM Securities Customer Reviews
Great Platform!
EGM Securities MetaTrader4 is by far the best I’ve come across, EGM Securities provides the easiest and most accessible trading platforms – Ed
Affiliate Programs offered
EGM Securities reaches Affiliate Brokers in South Africa – this can be considered a great offering– Channon
No Sign Up Bonus offered.
The EGM Securities website is easy to navigate and user-friendly, I am just sad that there are no bonuses or reward programs on offer. – Natalia
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Conclusion
Overall, EGM Securities is a new broker that offers a choice between several trading instruments on the MT4 platform which is the preferred platform of most traders. Although the broker only offers two live account types it also offers a free demo account and traders of the Muslim faith can open a Swap-free account.
The broker is regulated through CMA, the local regulatory body in Kenya, and funds are kept in segregated accounts. In addition, the broker offers educational and research tools to assist beginner as well as more experienced traders. EGM securities have other positive features like cross-device and cross-platform trading, data-driven decision-making through charting packages, Expert Advisors (EAs), and technical indicators.
Frequently Asked Questions
Are my deposits safe with EGM Securities?
EGM securities are regulated through CMA and clients’ funds are kept in segregated accounts.
Does EGM Securities accept Paypal?
EGM Securities does not accept direct cash or Paypal, payment methods offered are Wire/Bank Transfers, Debit/Credit Cards, Mobile Payments, and e-wallets.
How do I open a live account with EGM Securities?
Complete the online application form on EGM Securities website. Upload required documents. Upon approval, you will receive your login credentials via email. Start trading.
How long does it take to make a EGM Securities withdrawal?
It depends on the payment methods used. Domestic withdrawals: between 1 – 3 business days, and International withdrawals between 3 – 5 business days.
How do I make a deposit and withdrawal from EGM Securities?
- Bank Transfers
- Credit/Debit Cards
- EFTs
- RTGs
- Mobile Payment Solutions
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