All Share (J203) = 89 573
Rand / Dollar = 18.39
Rand / Pound = 23.82
Rand / Euro = 19.92
Gold (usd/oz) = 3 072.67
Platinum (usd/oz) = 982.20
Brent (usd/barrel) = 72.75
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Forex.com Minimum Deposit

Forex.com Minimum Deposit
 

The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD.  This minimum deposit is equivalent to R 1600.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

🔎 Account🥉 Standard🥈 Commission🥇 DMA
💰 Min. Deposit$100 USD / R1600$100 USD / R1600-
💵 Min. Account Balance--$25'000 USD / R380'000 ZAR
💻 MetaTrader AvailableYesNoNo

 

Min Deposit

USD 100

Regulators

CIMA

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

No

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Forex.com Minimum Deposit – Key Point Quick Overview

 

  1. ☑️ Forex.com Overview
  2. ☑️ Forex.com Minimum Deposit
  3. ☑️ How to Open a Forex.com Account – Step by Step Guide
  4. ☑️ Forex.com Deposit And Withdrawal
  5. ☑️ Forex.com Deposit Options
  6. Forex.com Customer Reviews
  7. Forex.com Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

Forex.com Top Banner

 

Forex.com Overview

 

FOREX.com is a global FX and CFD broker that forms part of StoneX Group Inc. The StoneX group is a publicly-traded company that meets the highest standards of corporate governance, financial reporting, and disclosure.

 

Forex.com Landing Page

 

Forex.com Minimum Deposit

 

The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD.  This minimum deposit is equivalent to R 1600.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing. The Direct Market Access account is best suited to High Volume traders and will require a recommended balance of $25’000 USD / R380’000 ZAR with a min trade side of 100K.

 

🔎 Account🥉 Standard🥈 Commission🥇 DMA
💰 Min. Deposit$100 USD / R1600$100 USD / R1600-
💵 Min. Account Balance--$25'000 USD / R380'000 ZAR
💻 MetaTrader AvailableYesNoNo

 

Forex.com Minimum Deposit

 

How to Open a Forex.com Account – Step by Step Guide

 

1.  Step 1:  Select Account

 

The First step in the application process is for the applicant to select a preferred live trading account.

 

Forex.com Account Types

 

2.  Step 2: General Information

 

The Forex.com registration process will require the applicant to disclose a selection of personal information.  This includes Date of Birth, Secure Password creation, Residential Address, and Trading Experience.

 

Forex.com Account 2 Forex.com Account 3 Forex.com Account 4

 

3:  Step 3:  Funding

 

The final step in the Live account registration process is to fund the newly created account in order to make a live trade.

 

Forex.com Account 5

 

Forex.com Deposit And Withdrawal

 

The Deposit and Withdrawal Options and Methods with Forex.com are straightforward and user-friendly.  Both Account Deposits and withdrawals will come with their own terms and conditions.

 

Forex.com Deposit Options

 

Funding a Forex.com account can easily be done via credit card, debit card, wire transfer or e-wallet service.

 

Credit or Debit Cards

 

🔎 Deposit Method💳 Credit / Debit Card
➖ Min per Transaction$100 USD
➕ Max per Transaction$10'000 USD
💰 Accepted CurrencyUSD, EUR, GBP
☑️ TypeVisa
🔁 Processing TimeImmediate
💵 FeesNone

 

Wire Transfer

 

🔎 Deposit Method💻 Wire Transfer
➖ Min per TransactionNone
➕ Max per TransactionNone
💰 Accepted CurrencyUSD, EUR, GBP
🔁 Processing Time1-2 Business Days
💵 FeesNone

 

Neteller or Skrill

 

🔎 Deposit Method💻 Neteller / Skrill
➖ Min per Transaction$100 USD
➕ Max per Transaction$ 10'000 USD
💰 Accepted CurrencyUSD, EUR, GBP
🔁 Processing TimeImmediate
💵 FeesNone

 

Forex.com Withdrawal Procedure

 

A Withdrawal request can be made via MyAccount and can be done via Credit/Debit Cards or Wire Transfer.

 

Deposited funds must be returned to the originating funding source in the following order:

 

  1. Credit/Debit Cards
  2. Wire Transfer

 

Excess funds may be withdrawn via Bank Transfer.

 

Forex.com Deposit and Withdrawal

 

Forex.com Customer Reviews

 

Excellent Broker.

I have been a customer for more than 12 years without any issues. – Alex

 

IG 5 Star Review

 

Happy Client!

Excellent service & Platform. Love it! ❤️ – Jessica

 

IG 4 Star Review

 

Great Platform.

Great platform, very educative! – Mike

 

IG 3 Star Review

 

Forex.com Pros and Cons

 

✅ Pros ❌ Cons
Low Forex FeesLimited to Forex and CFDs
Variety of Currency PairsHigh Stock CFD fees
Diverse technical toolsNot user friendly

 

 

Min Deposit

USD 100

Regulators

CIMA

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

No

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

 

Conclusion

 

Overall, The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD / R1600 ZAR.

 

 

You might also like: Forex.com Review

You might also like: Forex.com Account Types Overview

You might also like: Forex.com Demo Account – Step by Step

You might also like: Forex.com Fees and Spreads

You might also like: Forex.com Sign up Bonus

 

 

Frequently Asked Questions

 

 

How does the minimum deposit of Forex.com compare to similar brokers?

 

The required Forex.com minimum deposit ($100 USD / R1600 ZAR) is considered as low when compared to similar brokers.

 

Are my deposits safe with Forex.com?

 

Yes, the Deposit and Withdrawal Options and Methods with Forex.com are straightforward and user-friendly.

 

What are the deposit methods for Forex.com?

 

Deposit Methods for Forex.com include Credit/Debit Cards, Wire Transfer, Neteller, and Skrill.

 

How long does a withdrawal from Forex.com take?

 

The processing time of a Forex.com withdrawal takes more than 3 business days.

 

Does Forex.com accept Bitcoin?

 

No, Forex.com does not accept Bitcoin as a method of payment.

4.9/5 - (7 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 29, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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