The Forex.ee Minimum Deposit is $0. This is good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.
Forex.ee at a glance
| 🔍 Broker | Forex.ee |
| 📍 Headquartered | St. Vincent and the Grenadines, Kingstown |
| 📅 Year Founded | 1998 |
| 🏛 Regulating Authorities | The Ministry of Economic Affairs in Estonia |
| 🌐 Countries not accepted for trade | The United States |
| ☪️️ Islamic Account (Swap Free) | Yes |
| 📒 Demo Account | Yes |
| 📒 Institutional Accounts | Yes |
| 💻 Managed Accounts | No |
| 📊 Maximum Leverage | 1:500 |
| 💳 Minimum Deposit | $50 USD |
| ZAR | R800 ZAR |
| 💳 Deposit/Withdrawal Options | Visa, Mastercard, Bank transfer, Skrill, WebMoney, Neteller, Perfectmoney, Qiwi Wallet, FasaPay, Bitcoin, Bitcoin cash, Litecoin, Ethereum, Union pay |
| 💻 Platform Types | MetaTrader 4 |
| 📲 OS Compatibility | Yes, mobile and PC |
| 📊 Tradable Assets | Forex Currency pairs, CFDs, Cryptocurrencies, Commodities, and Indices |
| 🌐 Languages supported | Russian, German, Spanish, Malaysian, Indonesian, Chinese, Polish, Arabic, and English |
| ☎ Customer Service Hours | 24 hours a day /6 days a week |
Min Deposit
USD 50
Regulators
MEAE
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Forex.ee Minimum Deposit below.
Forex.ee Minimum Deposit Revealed – A Key 9 Point Quick Overview
- ✅Forexee at a glance
- ✅Forex.ee Overview
- ✅Forex.ee Minimum Deposit
- Forex.ee Deposit fees and deposit methods
- Step by step guide to depositing the Forex.ee minimum amount
- Forex.ee Pros and Cons
- Forex.ee Customer Reviews
- Conclusion
- Frequently Asked Questions
Here is our overview of the Forex.ee Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Forex.ee Overview
Forex.ee is originally an Estonian Forex broker that is presently headquartered in St Vincent and the Grenadines and regulated offshore. The broker offers access to a wide variety of popular asset classes, including Forex Currency pairs, CFDs, Cryptocurrencies, Commodities, and Indices.
Trading is facilitated on the industry-leading MetaTrader 4 platform, which is the most popular trading platform due to its multiple easy-to-use trading tools. The software was introduced in 2005 and since then has been greatly improved by developers of MetaQuotes Software.
Traders are further offered several useful trading tools by Forex.ee, which include Level2 Plugins, margin and pip value calculators, commission calculators, and regularly updated currency exchange rates. Forex.ee’s standout feature is the access to its ECN trading environment. ECN (Electronic Communications Network) is an order processing system that excludes conflicts of interest between a broker and clients.
Traders can select from various live account options, a comprehensive demo account, and an Islamic account which provides swap-free conditions for traders of the Muslim faith. Furthermore, PAMM accounts are available for money managers for specially adapted trading conditions.
With STP technology (Straight-Through Processing), all orders are transferred directly to the liquidity providers and can be seen on the platform by other traders. Thus, trading with the use of ECN/STP technology is performed in such a way that all orders are placed in the common liquidity pool, which allows selecting orders of the matching instrument, price, and volume for automatic ultra-fast execution.
Forex.ee provides a competitive trading environment with excellent pricing and fast execution. Potential traders should however keep in mind that the broker is still licensed offshore and therefore client deposit security cannot be fully guaranteed.
Forex.ee Minimum Deposit
Forex.ee’s minimum deposit amount to open a broker account is $50. This means that smaller traders can choose to start trading with an amount that best suits their budget and trading portfolio.
| 🌐 STP Account | 🌐 Basic ECN | 🌐 Advanced ECN | 🌐 Premium ECN | 🌐 Crypto Account | |
| Minimum Deposit | $50 USD | $200 USD | $1000 USD | $25 000 | $10 |
| ZAR | R800 ZAR | R3 200 ZAR | R16 000 ZAR | R400 000 ZAR | R160 ZAR |
That said, it is always recommended to maintain a minimum deposit of at least $100 in your account when trading to avoid going into a negative balance.
Forex.ee Deposit fees and deposit methods
In terms of deposit security, Forex.ee claims to be regulated by the Ministry of Economic Affairs in Estonia but is headquartered offshore in St Vincent and the Grenadines. As such, this represents poor, almost non-existent regulation of the broker.
Forex.ee offers a wide variety of popular e-payment deposit methods, which consist of the following:
| 💳 Perfect money | 💳 FasaPay |
| 💳 Bitcoin | 💳 Bitcoin Cash |
| 💳 Litecoin | 💳 Ethereum |
| 💳 Tether |
While Forex.ee does have several AML policies in place to safeguard against deposit fraud, the broker’s lack of adequate regulation coupled with its offshore status means that client deposit security cannot be fully guaranteed.Forex.ee does not charge any commissions for deposits or withdrawals. When performing transactions, you are only charged the commission of your local bank or the payment system you use.
With regards to deposit currencies, depending on the deposit method, Forex.ee accepts USD, EUR, IDR, and a variety of cryptocurrencies. Traders who wish to deposit in currencies outside of this list, such as ZAR/Rand, will likely incur conversion fees.
Please note that depositing funds to your account may take up to five working days (in case of wire transfer). Before choosing a payment method, please carefully read the relative documents including the Terms and Conditions.
Step by step guide to depositing the Forex.ee minimum amount
🟢 Step 1 – Log in to your account by going to the Accounts area on the Forex.ee website
Select the option to fund your account
🟢 Step 2 – Select your preferred funding method.
This will have to be the same method by which you make withdrawals in the future. Fill in the amount you wish to deposit
🟢 Step 3 – Confirm your deposit details and submit
Forex.ee Pros and Cons
| ✔️ Pros | ❌ Cons |
| No deposit or withdrawal fees | Lack of deposit security due to poor regulation |
| No minimum deposit requirement | Limited deposit currencies |
Forex.ee Customer Reviews
Forex.ee has a large selection of commodities
Forex.ee has a large selection of commodities in its asset list. If you’re into commodities trade, this brokerage firm is a great choice! – Anton
Forex.ee offers various rebates
Forex.ee seems to offer a $15 welcome bonus along with extra bonuses for ECN and STP traders. In my opinion, they are good offerings. – Bernice
I enjoy the opportunity given by forex brokers to earn an income for referrals through IB and Affiliate programs, filled in my application waiting to see how profitable it can be – Dow
Min Deposit
USD 50
Regulators
MEAE
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Forex.ee can be described as a broker which has created a profitable trading environment for clients. Traders are provided with the immensely popular MetaTrader 4 platform through which trades can be executed. Forex.ee has over 10 years of experience in the forex industry however, the broker could benefit from better regulation.
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Frequently Asked Questions
Can I make the Forex.ee minimum deposit in ZAR?
Forex.ee trades in the following currencies, USD, EUR, RUB, JPY, AUD, and BTC, any other currency incurs conversion fees.
How long does it take to make a withdrawal with Forex.ee?
Forex.ee withdrawals can take up to five business days to process depending on the withdrawal method.
What is the deposit for Forex.ee?
Forex.ee offers a wide variety of popular e-payment deposit methods, which consist of the following:
Are my deposits safe with Forex.ee?
Forex.ee claims to be regulated by the Ministry of Economic Affairs in Estonia but is headquartered offshore in St Vincent and the Grenadines. As such, this represents poor, almost non-existent regulation of the broker.
While Forex.ee does have several AML policies in place to safeguard against deposit fraud, the broker’s lack of adequate regulation coupled with its offshore status means that client deposit security cannot be fully guaranteed.
Does Forex.ee accept Bitcoin?
Forex.ee offers a range of deposit and withdrawal methods, including bitcoin.
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