GV Markets Minimum Deposit is ZAR 100. This is very good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.
GV Markets at a glance
| 🏛️ Broker's Name | GV Markets |
| 🏛️ Headquartered | Pretoria, South Africa |
| 📅 Year Founded | 2010 |
| ⚖️ Regulating Authorities | Financial Sector Conduct Authority (FSCA) in South Africa |
| ✴️ Countries not accepted for trade | United States |
| ☪️ Islamic Account (Swap Free) | No |
| 📈 Demo Account | Yes |
| 📈 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:500 |
| 💳 Minimum Deposit | 100 ZAR (7 USD) |
| 💳 Deposit Options | Bank Wire Transfer, EFT through OZOW, Bank Wire Transfer, EFT through OZOW, |
| 💰 Withdrawal Options | Bank Wire Transfer, EFT through OZOW, Bank Wire Transfer, EFT through OZOW, |
| 💻 Platform Types | MetaTrader 5 |
| 📱 OS Compatibility | Browsers, Desktop, Mobile |
| 💰 Tradable Assets | Forex, Commodities, Indices, Stocks (US, SA, EU), Cryptocurrencies |
| 👨💼 Languages supported on Website | English |
| 👨💼 Customer Support Languages | English and Afrikaans |
| ✔️ Customer Service Hours | 24/5 |
| 👉 Open a account | Click Here |
Min Deposit
USD 100
Regulators
FSCA
Trading Platform
MT5
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our GV Markets Minimum Deposit below.
GV Markets Minimum Deposit – 5 key points quick overview:
- Minimum Deposit
- Deposit fees and deposit methods
- Step by step guide to depositing the minimum amount
- GV Markets Pros and Cons
- Conclusion
Here is our overview of the GV Markets Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Minimum Deposit
GV Markets has a minimum deposit requirement of 100 ZAR. This amount is equivalent to 7 USD, 6 EUR, or 5 GBP at the current exchange rate between the South African Rand, the US Dollar, Euro, and the British Pound, at the time of writing.
Traders must ensure that they stay updated with the different exchange rates. GV Markets covers these currencies to ensure that international traders who use its services in major currencies such as USD, EUR, and GBP are not subject to currency conversion fees.
GV Markets is a broker that has the necessary regulation and authorization to operate as a Financial Service Provider (FSP) in South Africa through the Financial Sector Conduct Authority (FSCA).
According to the FSCA’s requirements, GV Markets must keep client funds in segregated accounts, separate from the broker account. These funds may not be used for any operational purposes and may only go towards the trading activities of clients. GV Markets is required to ensure that it can fulfill its financial obligations to remain licensed with the FSCA.
Deposit fees and deposit methods
GV Markets does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of 100 ZAR, they can use any of the following payment methods:
➡️️ Bank Wire Transfer
➡️️ Electronic Funds Transfer through Ozow
When traders deposit the minimum deposit, they can use the following deposit currencies:
➡️️ ZAR
➡️️ USD
➡️️ EUR
➡️️ GBP
Traders must note that the time that it takes for funds to reflect in their trading account will depend on the payment method that they used. However, according to GV Markets, funds are typically processed between 24 and 48 hours.
GV Markets may not charge any deposit fees, but traders may be charged transaction or processing fees by their bank or payment provider. Traders must ensure that they verify these fees with their financial institution before they deposit funds into their trading account.
Step by step guide to depositing the minimum amount
View our step-by-step guide to deposit the minimum amount to your GV Markets account.
Step 1 – Sign in to your account
On the GV Markets dashboard, locate the “fund account” option in the top right corner of the dashboard.
Step 2 – select your account
Select your account you wish to transfer your funds from
Step 3 – select your funding option
Insert your personal banking details in the spaces provided.
Step 4 – insert your amount,
Insert the amount you wish to fund your account with.
Step 5 – Your account has now funded
GV Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| GV Markets is a regulated FSP in South Africa | Withdrawal fees charged |
| Negative balance protection applied to retail account | Limited funding methods |
| Low minimum deposit | |
| Deposit fees are not charged |
Min Deposit
USD 100
Regulators
FSCA
Trading Platform
MT5
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
GV Markets is a well-regulated and trusted South African broker that offers comprehensive trading solutions and competitive trading conditions to retail and professional traders. GV Markets offers transparent fee schedules and a comprehensive retail trading account with a wide variety of features that suit the different needs and objectives of traders.
You might also like: GV Markets Account Types Overview
You might also like: GV Markets Demo Account – Step by Step
You might also like: GV Markets Fees and Spreads
You might also like: GV Markets Review
Frequently Asked Questions
What is the minimum deposit required to open an account with GV Markets?
100 ZAR.
How do you make a deposit and withdraw money with GV Markets?
Bank Wire Transfer
EFT via OZOW
Does GV Markets charge withdrawal fees?
Yes, GV Markets charges withdrawal fees.
How long does it take to make a withdrawal?
Typically, between 24-48 hours depending on when the withdrawal request was submitted.
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