All Share (J203) = 88 525
Rand / Dollar = 18.07
Rand / Pound = 23.50
Rand / Euro = 19.72
Gold (usd/oz) = 3 001.80
Platinum (usd/oz) = 1 000.47
Brent (usd/barrel) = 70.93
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FX Flat Minimum Deposit

FX Flat Minimum Deposit ZAR
 

The minimum deposit amount required to register an FX Flat trading account is 200 EUR. This minimum deposit is equivalent to R3200 ZAR at the current exchange rate between the  South African Rand & United States Dollar.

 

🔎 Account🥇 Standard Account
💰 Minimum Deposit200 EUR / R3200 ZAR
🚀 Open an Account👉 Click Here

 

Min Deposit

200 EUR

Regulators

BaFin

Trading Platform

MT4, MT5, Trader WorkStation

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FX Flat Minimum Deposit – 7 key point quick overview:

 

  1. ☑️FX Flat Overview
  2. ☑️FX Flat Deposit fees and deposit methods
  3. ☑️Step by step guide to depositing the minimum amount to FX Flat account
  4. FX Flat At a Glance
  5. FX Flat Pro and cons
  6. FX Flat Conclusion
  7. Frequently Asked Questions

 

FX Flat Account comparisons

 

FX Flat Overview

 

FXFlat has a minimum deposit requirement of €200 for the MetaTrader account but the TWS account requires a minimum deposit of €2 000.

This minimum deposit amount was equivalent to ZAR 3 300 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

FX Flat’ authorization 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.

 

FX Flat Withdrawal Paypal

 

FX Flat Deposit fees and deposit methods

 

Compared to other brokers, the minimum deposit amount that FXFlat requires when traders register a live account is fair.

FXFlat 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.

FXFlat accepts the following deposit methods: Credit Card; Giropay; PayPal; Skrill; Sofort; Visa

FXFlat does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours.

USD, GBP, and EUR are accepted as Deposit currencies.

Traders must ensure that they verify whether their financial institution charges its own fees.

 

FX Flat Guarantee

 

Step by step guide to depositing the minimum amount to FX Flat account

 

1.  Step 1: Select Live Account

 

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 to which they are sending it, to prevent currency conversion fees from being charged.

 

FX Flat Live Account login

 

FX Flat At a Glance

 

Broker's NameFX Flat
🏛️ HeadquarteredGermany
👋 Regulating AuthoritiesFederal Agency for Financial Services Supervision (BaFin) in Germany.
🏦 Accounts Standard Account
Countries not accepted for tradeAccept clients from most countries
📅 Year Founded1997/2015
☪️ Islamic account (swap-free)Yes
💹 Sign up BonusNo
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum LeverageFor retail traders up to 1:30, for pro traders up to 1:200.
💰 Minimum DepositMetaTrader account 200 EUR / R 3200 ZAR and TWS account 2 000 EUR / R 32000 ZAR
💳 Deposit OptionsCredit Card, Giropay, PayPal, Skrill, Sofort, Visa
💳 Withdrawal OptionsCredit Card, Giropay, PayPal, Skrill, Sofort, Visa
💻 Platform TypesMetaTrader 4, MetaTrader 5 and Trader WorkStation
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, CFDs, indices, shares, commodities, cryptocurrencies, futures, ETFs
👨‍💼 Languages supported on WebsiteEnglish, Indonesian, Malay, Vietnamese, Thai, and Chinese.
👥 Customer Support LanguagesEnglish, German
📆 Customer Service LanguageEnglish, German
📆 Customer Service Hours24/5
🔎 Open an Account👉 Click Here

 

FX Flat Payments

 

FX Flat Pro and cons

 

✔️ Pros❌ Cons
Trades on sophisticated platformsNo USA traders
Socially responsible brokerOnly support German and English
Regulated in Germany by the BaFinMost articles, webinars and training videos are in German
Various trading tools and appsRestricted leverage
Properly regulated by BaFinFurther deposits must be more than €50
Additional tools and add-onsMinimum deposit amount not of the lowest
Several deposit methods can be usedNo bonuses
Islamic Account can be openedNot a variety of accounts available
Variety of instrumentsDemo account only valid for 30 days
Demo accounts availableVideos and webinars only in German
Comprehensive and competitive trading conditions despite lack of bonuses and rewardsNot the most competitive spreads
MetaTrader 4 and 5, plus Trader WorkStationNot the lowest spreads sheets when compared to other brokers

 

FX Flat Conclusion

 

Overall, the minimum deposit amount required to register an FX Flat trading account is $200 USD. This minimum deposit is equivalent to R3200 ZAR at the current exchange rate between the  South African Rand & United States Dolla

 

You might also like: FXFlat Review

You might also like: FXFlat Account Types Overview

You might also like: FXFlat Demo Account – Step by Step

You might also like: FXFlat Fees and Spreads

You might also like: FXFlat Islamic Account Overview

You might also like: FXFlat Sign up Bonus

 

 

Frequently Asked Questions

 

 

How much money is needed to open a FXFlat account?

 

To open a FXFlat account a minimum deposit of €200 /R2418 ZAR is needed for the Metatrader account  and €2 000 R34 176 ZAR for the TWS account.

 

Can I make the minimum FXFlat deposit with Paypal?

 

Yes, FXFlat does accept Paypal as a funding method.

 

Does FXFlat charge withdrawal fees?

 

Deposits and withdrawals in the MetaTrader and TWS platforms are free but a minimum amount of €50 applies for deposits.

 

What type of broker is FXFlat?

 

Our FXFlat review reveals that the broker focuses on CFDs, Forex and Futures

4.8/5 - (20 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 2023

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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