Kerford UK has a minimum deposit requirement of $ 5 000. This minimum deposit amount was equivalent to ZAR 80000 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
Kerford UK at a glance
Broker's Name | Kerford UK |
📍 Headquartered | United Kingdom |
📅 Year Founded | 1997 |
⚖️ Regulating Authorities | Financial Conduct Authority (FCA) |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | No |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1:30 |
💰 Minimum Deposit | 1000 USD |
💳 Deposit Options | Credit cards, PayPal, Wire Transfer |
💳 Withdrawal Options | Credit cards, PayPal, Wire Transfer |
💻 Platform Types | iFOREX trading platform |
📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
📈 Tradable assets offered | Forex, Equities, Mutual Funds, Precious Metals and Bullion |
👨💼 Languages supported on Website | English, Arabic |
👥 Customer Support Languages | English, Arabic |
📆 Customer Service Hours | 24/5 |
Kerford Investments Minimum deposit – 6 key points quick overview:
- ✔️Kerford UKMinimum Deposit
- ✔️Kerford UK Deposit fees and deposit methods
- ✔️Kerford UK Step by step guide to depositing the minimum amount
- Kerford UK Pros and Cons
- Conclusion
- Frequently Asked Questions
Kerford UKMinimum Deposit
Kerford UK’s 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.
Kerford UK Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that Kerford UK requires when traders register a live account is high. Kerford UK offers traders only a few 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.
Kerford UK accepts the following payment methods:
️ Credit cards
️ PayPal
️ Wire Transfer
Kerford UK does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. EUR, GBP, and USD are accepted as deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees.
Kerford UK Step by step guide to depositing the minimum amount
Traders can fund their accounts by sending the funds to one of the Kerford UK segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
Step 1 – Open your trading platform
Open your preferred Kerford trading app.
Step 2 – Select the deposit option
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 them, to prevent currency conversion fees from being charged.
Kerford UK Pros and Cons
✔️ Pros | ❌ Cons |
Broker regulated by FCA | Broker more suited for professional and experienced traders. |
MT4 offered as a trading platform | High Minimum deposit requirement |
No deposit or withdrawal fees charged | No Islamic or swap-free accounts offered |
Range of tradable assets available | No a choice of trading accounts provided |
The website lacks valuable information |
Conclusion
Overall, Kerford UK has a minimum deposit requirement of $ 1 000. The trading conditions are quite attractive and Kerford UK is not only a reputable broker, but one that caters for beginners as well as more advanced traders.
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Frequently Asked Questions
What is the minimum deposit required to open an account with Kerford UK?
The minimum deposit requirement is $ 1 000.
What are the deposit methods for Kerford UK?
Deposit and withdrawal methods incl: Credit cards, PayPal & Wire Transfer
The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.
Are my deposits safe with Kerford UK?
Deposits with this broker is considered safe as it is segregated under the client money rules of the FCA in the UK.
Does Kerford UK charge withdrawal fees?
No, withdrawal fees are charged by the broker, but fees from banks may be applicable.
How long does it take to make a withdrawal?
Withdrawals from a Kerford UK trading account can take several days to reflect in customers’ accounts.