All Share (J203) = 88 525
Rand / Dollar = 18.10
Rand / Pound = 23.50
Rand / Euro = 19.76
Gold (usd/oz) = 3 001.12
Platinum (usd/oz) = 1 001.40
Brent (usd/barrel) = 70.96
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IEXS Minimum Deposit

IEXS Minimum Deposit

 

IEXS deposit amount required in order to open a broker account is $200 / R 3198,06. IEXS has a very high minimum deposit when compared to most other brokers in the industry.

 

IEXS at a Glance

 

🔎 Broker's NameIEXS
📍 HeadquarteredLondon, United Kingdom
📅 Year Founded2019
⚖️ Regulating AuthoritiesFCA, FINTRAC, VSFC, and BVI
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsNo
📈 Maximum Leverage1: 50
💰 Minimum Deposit$200 / R 3198,06
💳 Deposit Options
Bank Wire Transfer
Debit Cards
Credit Cards
💳 Withdrawal Options
Bank Wire Transfer
Debit Cards
Credit Cards
💻 Platform TypesMT4, MT5
📱 OS CompatibilityWeb browsers, Desktop, Windows, Mac, Android, and iOS
📈 Tradable assets offeredForex
Metals and energy
Indices
Cryptocurrencies
Commodities
Shares
👨‍💼 Languages supported on WebsiteEnglish and Chinese
👥 Customer Support LanguagesEnglish and Chinese
📆 Customer Service Hours24/5
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 200

Regulators

FCA, FINTRAC, VFSC, BVI

Trading Platform

MT4, MT5, FlexTrader

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IEXS Minimum deposit – 8 key points quick overview:

 

  1. ✔️IEXS at a Glance
  2. ✔️IEXS Minimum deposit – 8 key points quick overview:
  3. ✔️IEXS Minimum Deposit
  4. IEXS Deposit fees and deposit methods
  5. A step-by-step guide to IEXS depositing the minimum amount
  6. IEXS Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

IEXS Minimum Deposit

 

IEXS Minimum Deposit

 

Reviews on IEXS state that it has a minimum deposit requirement of $ 200.

 

This minimum deposit amount is equivalent to ZAR  3198,06 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

📍IEXS operates in various jurisdictions and is registered and regulated through the regional regulatory authorities. The following applies to IEXS:

  • In the United Kingdom, regulation is through the Financial Conduct Authority (FCA)
  • In Canada through the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
  • In Vanuatu, the Vanuatu Financial Services Commission (VSFC).
  • British Virgin Islands (BVI)

 

Most regulatory bodies and financial institutions require that, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account. This entails that the funds can only be used by traders to conduct trading activities.

 

It is not clear if IEXS abides by this strict rule of the regulatory bodies.

 

IEXS Deposit fees and deposit methods

 

IEXS Deposit fees and deposit methods

 

📍 The minimum deposit that IEXS requires when registering a live account is fairly high. The following payment      methods can be used:

💳 Bank Wire Transfer

💳 Debit Cards

💳 Credit Cards

Deposit currencies that are accepted include EUR, USD, and GBP.

There is no indication on the IEXS’ website what the fees charged are if any for making deposits or withdrawals. Traders should also ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.

 

A step-by-step guide to IEXS depositing the minimum amount

 

📍Deposits can be made with IEXS using the following steps:

 

Traders can usually fund their trading account from their own bank account and send money to the trading account that they have with a broker.

 

🔴Step 1 – Log in

Traders can also deposit the minimum amount from their personal area after having registered a live trading account.

It is not clear how this process works with IEXS. Traders can usually log into their personal client area, select the option for deposits, and follow the instructions to deposit into their trading account.

 

A step-by-step guide to IEXS depositing the minimum amount STEP 1

 

🔴Step 2 –Make the deposit

Traders should also ensure that they select the correct deposit currency before they make a deposit, or it might entail that they are subjected to currency conversion fees.

 

A step-by-step guide to IEXS depositing the minimum amount step 2

 

IEXS Customer Care

 

Min Deposit

USD 200

Regulators

FCA, FINTRAC, VFSC, BVI

Trading Platform

MT4, MT5, FlexTrader

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IEXS Pros and Cons

 

✔️ Pros❌ Cons
Reliable payment methods offeredA high minimum deposit required
Account base currencies are limited
Currency conversion fees may apply
Information lacking
Limited payment methods offered

 

Conclusion

 

IEXS deposit amount required in order to open a broker account is $200 / R  3198,06. LAND-FX has a very high minimum deposit when compared to most other brokers in the industry.

 

You might also like: IEXS Review

You might also like: IEXS Account Types

You might also like: IEXS Demo Account

You might also like: IEXS Fees and Spreads

You might also like: IEXS Sign-Up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit for IEXS?

$ 200.

 

How do I make a deposit and withdrawal with IEXS?

  • Bank Wire Transfer
  • Credit Cards
  • Debit Cards

 

Does IEXS charge withdrawal fees?

There is no indication on the website if any withdrawal fees are charged. Traders may be subjected to transaction fees that are charged by their bank.

 

Will I receive a bonus if I refer a friend or family to IEXS?

No. You are not able to refer another affiliate that will sit underneath you to earn even more commissions.

 

How long does it take to make an IEXS withdrawal?

This depends on the payment method used and can be anything from an instant withdrawal or it may take up to several days, with bank transfers. There is no specific indication on the IEXS website of how long it takes to make a withdrawal.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 3, 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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