The FxGrow Minimum Deposit is $100 for the ECN account, $1000 for the ECN Plus account, and $100 000 for the ECN Elite account, while not the lowest minimum deposit requirement in the industry, it can be a considered standard.
FxGrow at a glance
| Broker's Name | FxGrow |
| 📍 Headquartered | Limassol, Cyprus |
| 📅 Year Founded | 2008 |
| ⚖️ Regulating Authorities | CySEC |
| 🌐 Countries not accepted for trade | United States and Australia |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | $100 |
| 💳 Deposit Options | Bank wire, Credit cards, Debit cards, Neteller, Skrill, CashU, OKPay, WebMoney |
| 💳 Withdrawal Options | Bank wire, Credit cards, Debit cards, Neteller, Skrill, CashU, OKPay, WebMoney |
| 💻 Platform Types | MetaTrader 5, Windows, Mobile, Web, iPhone, iPad |
| 📱 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, stock, commodities, indices |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| Open a naccount | 👉 Click Here |
Min Deposit USD 100 Regulators CySEC Trading Platform MT4, MT5 Crypto Yes Total Pairs 61+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our FxGrow Minimum Deposit below.
FxGrow Minimum deposit – 6 key points quick overview:
- ✔️FxGrow Minimum Deposit
- ✔️FxGrow Deposit fees and deposit methods
- ✔️Step by step guide to depositing the minimum amount
- FxGrow Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the FxGrow Minimum deposit as well as the pros and cons as well as features that are offered to traders.
FxGrow Minimum Deposit
The minimum deposit amount required to open a broker account with FxGrow is $100 for the standard ECN Account. This is a standard minimum deposit requirement when compared to many other brokers in the industry and should be accessible to most new retail traders.
To open an ECN-plus or ECN-Elite account, traders will have to make a minimum deposit of $1000, which will grant them access to more benefits, including tighter spreads.
FxGrow Deposit fees and deposit methods
FxGrow offers a limited, though the popular selection of accepted deposit methods, which consist of the following options:
➡️️ Bank wire
➡️️ credit cards
➡️️ debit cards
➡️️ Neteller
➡️️ Skrill
➡️️ CashU
➡️️ OKPay
➡️️ WebMoney
If you wish to make a withdrawal using a different method than that with which you deposited, the broker’s Compliance Officer will have to ask you for further documents to make sure that all the accounts are related to the same person. Deposits are instant, while withdrawals are instant if they are requested during normal working hours via credit card and E-wallet. Deposit and withdrawal via wire transfer take between 3 to 5 business working days.
FxGrow does not charge deposit or withdrawal fees, however, your selected payment processor may charge a handling fee that is beyond the broker’s control. With regards to deposit currencies, FxGrow accepts US dollars, EUR, and PNL. This is a limited selection, and traders depositing in smaller currencies, such as ZAR/Rand, will incur conversion fees.
Step by step guide to depositing the minimum amount
To deposit funds into your account, you will need to take the following steps:
Step 1 – Open the official website and go to the “tools tab”
Once the website is open you can locate the “tools” tab in the top menu of the screen.
Step 2 – Open the “deposits/withdrawals” tab
Under tools open up the dropdown and click on the “deposit/withdrawals” tab.
Step 3 – Click on the “make a deposit” tab
To start the deposit process the trader has to click on the “make a deposit” tab.
Step 4 – Login to your account
Sign in to your FxGrow account.
Step 5 – Choose the deposit method
Once the website is open you can locate the “tools” tab in the top menu of the screen.
Step 6 – Insert amount and click deposit
You can now choose your deposit amount and deposit the funds into your account.
Min Deposit USD 100 Regulators CySEC Trading Platform MT4, MT5 Crypto Yes Total Pairs 61+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FxGrow Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated broker | No promotions or bonuses |
Conclusion
Fxgrow minimum deposit varies for each account. The minimum deposit for the ECN account is $100, for the ECN plus account minimum deposit is $1000 and the ECN Elite account minimum deposit is $100 000.
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Frequently Asked Questions
Does FxGrow have a minimum deposit?
Yes, FxGrow does have a minimum deposit.
What is the minimum deposit for FxGrow?The minimum deposit amount required to open a broker account with FxGrow is $100 for the standard ECN Account.
To open an ECN-plus or ECN-Elite account, traders will have to make a minimum deposit of $1000, which will grant them access to more benefits, including tighter spreads.
How do I make a deposit and withdrawal with FxGrow?FxGrow offers a limited, though the popular selection of accepted deposit methods, which consist of the following options:
- Bank wire
- credit cards
- debit cards
- Neteller
- Skrill
- CashU
- OKPay
- WebMoney
Does FxGrow charge withdrawal fees?
FxGrow does not charge deposit or withdrawal fees, however, your selected payment processor may charge a handling fee that is beyond the broker’s control.
How long does it take to make a withdrawal?
Withdrawals are instant if they are requested during normal working hours via credit card and E-wallet. Deposit and withdrawal via wire transfer take between 3 to 5 business working days.
