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 Name | IEXS |
📍 Headquartered | London, United Kingdom |
📅 Year Founded | 2019 |
⚖️ Regulating Authorities | FCA, FINTRAC, VSFC, and BVI |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1: 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 Types | MT4, MT5 |
📱 OS Compatibility | Web browsers, Desktop, Windows, Mac, Android, and iOS |
📈 Tradable assets offered | Forex Metals and energy Indices Cryptocurrencies Commodities Shares |
👨💼 Languages supported on Website | English and Chinese |
👥 Customer Support Languages | English and Chinese |
📆 Customer Service Hours | 24/5 |
🚀 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:
IEXS at a Glance
IEXS Minimum deposit – 8 key points quick overview:
IEXS Minimum Deposit
- IEXS Deposit fees and deposit methods
- A step-by-step guide to IEXS depositing the minimum amount
- IEXS Pros and Cons
- Conclusion
- Frequently Asked Questions
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
📍 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
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.
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.
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 offered | A 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.
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