All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

NumberOne CM Minimum Deposit

NumberOne CM Minimum Deposit

 

NumberOne CM has a minimum deposit of $5 (73 ZAR). NumberOne CM charges a fee of 1% on deposits which are made using OK Pay.

 

NumberOne CM at a glance

Broker's NameNumberOne CM
📍 HeadquarteredVanuatu
📅 Year Founded2018
⚖️ Regulating AuthoritiesVFSC
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage 1:1000
💰 Minimum Deposit$5 (73 ZAR)
💳 Deposit OptionsCredit/Debit Card
FasaPay
China UnionPay
Perfect Money
Bitcoin
Litecoin
Ethereum
Bitcoin Cash
Dogecoin
WebMoney
E-payments Association
QIWI Wallet
OK Pay
Bank Wire Transfer
Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam)
N1CM Prepaid Card
💳 Withdrawal OptionsCredit/Debit Card
FasaPay
China UnionPay
Perfect Money
Bitcoin
Litecoin
Ethereum
Bitcoin Cash
Dogecoin
WebMoney
E-payments Association
QIWI Wallet
OK Pay
Bank Wire Transfer
Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam)
N1CM Prepaid Card
💻 Platform TypesMetaTrader 4, MetaTrader 5
📈 Tradable assets offeredForex
Commodities
Indices
Stocks
📱 OS CompatibilityWeb, desktop, mobile
👨‍💼 Languages supported on WebsiteEnglish, French, Russian, Turkish, Thai, Chinese
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5
👉 Open a account👉 Open Account

 

Overall Rating

4.7/5

Rated #257 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

NumberOne CM Minimum deposit – 6 key points quick overview:

  1. ✔️NumberOne CM Minimum Deposit
  2. ✔️NumberOne CM Deposit fees and deposit methods
  3. ✔️Step by step guide to deposit the minimum amount
  4. NumberOne CM Pros and Cons
  5. Conclusion
  6. Frequently Asked Questions

 

NumberOne CM Minimum Deposit

NumberOne CM Minimum Deposit

 

NumberOne CM has a minimum deposit of $5 (73 ZAR).

 

📍 The minimum deposit amount that traders can expect when they register an account with NumberOne CM will depend on the account that traders register. The minimum deposit is as follows:

➡️ Cent Account – $5 (73 ZAR)

➡️ Standard Account – $10 (146 ZAR)

➡️ ECN Account – $10 (146 ZAR)

 

The minimum deposits indicated above are provided according to the exchange rate between the US Dollar and the South African rand, at the time of writing.

 

NumberOne CM is regulated by VFSC and according to strict requirements, the broker is obligated to keep client funds in segregated accounts with top-tier banks, separate from the broker account. These funds may not be used for operational purposes, or for NumberOne CM to fulfil its financial obligations.

 

NumberOne CM Deposit fees and deposit methods

NumberOne CM Deposit fees and deposit methods

 

📍 NumberOne CM charges a fee of 1% on deposits which are made using OK Pay. Traders are provided with a large variety of deposit methods which can be used to make the minimum deposit, including:

➡️ Credit/Debit Card

➡️ FasaPay

➡️ China UnionPay

➡️ Perfect Money

➡️ Bitcoin

➡️ Litecoin

➡️ Ethereum

➡️ Bitcoin Cash

➡️ Dogecoin

➡️ WebMoney

➡️ E-payments Association

➡️ QIWI Wallet

➡️ OK Pay

➡️ Bank Wire Transfer

➡️ Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam)

➡️ N1CM Prepaid Card

 

📍 When traders make the minimum deposit, they can use any of the following deposit currencies:

➡️ USD

➡️ EUR

➡️ IDR

➡️ CNY

➡️ RUB

➡️ MYR

➡️ THB

➡️ VND

 

However, traders must note that some of these deposit currencies can only be used with certain payment methods. Traders must ensure that they use a corresponding payment method with a currency to avoid being subjected to conversion fees.

 

Step by step guide to deposit the minimum amount

To pay the minimum deposit amount, traders must log into their NumberOne CM account and select the option to deposit. Traders can select their preferred payment method, follow the prompts and instructions, and confirm their deposit.

 

Traders must ensure that they are comfortable with their chosen method as they must use the same payment method to withdraw funds. As result of AML policies, NumberOne CM prohibits third-party payments and traders must ensure that the name of the account from where deposits originate match the name in which they registered their trading account.

 

Overall Rating

4.7/5

Rated #257 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

NumberOne CM Pros and Cons

✔️ Pros❌ Cons
Range of flexible funding methodsDeposit fees charged
Range of deposit currencies supported
Ultra-low minimum deposit requirements

 

Conclusion

NumberOne CM has a minimum deposit of $5 (73 ZAR). NumberOne CM charges a fee of 1% on deposits which are made using OK Pay.

NumberOne CM Contact us

 

You might also like: NumberOne CM Account Types

You might also like: NumberOne CM Demo Account

You might also like: NumberOne CM Fees and Spreads

You might also like: NumberOne CM Islamic Account

You might also like: NumberOne CM Sign up Bonus

 

Frequently Asked Questions

What is the minimum deposit required to open an account with NumberOne CM?

$5 (73 ZAR).

How do you make a deposit and withdraw money with NumberOne CM?

  • Credit/Debit Card
  • FasaPay
  • China UnionPay
  • Perfect Money
  • Bitcoin
  • Litecoin
  • Ethereum
  • Bitcoin Cash
  • Dogecoin
  • WebMoney
  • E-payments Association
  • QIWI Wallet
  • OK Pay
  • Bank Wire Transfer
  • Bank Wire (China, Indonesia, Malaysia, Thailand, Vietnam)
  • N1CM Prepaid Card

 

Does NumberOne CM charge withdrawal fees?

Yes, NumberOne CM charges the following withdrawal fees:

  • Credit/Debit Card – a fee of 2.5% and an additional $7.5 (109 ZAR) or €6 (103 ZAR)
  • FasaPay – 0.5% of the transaction
  • China UnionPay – 1% with a minimum 6 CNY (14 ZAR)
  • Perfect Money – 0.5% of the transaction
  • WebMoney – 0.8% of the transaction
  • QIWI Wallet – 0.5% of the transaction
  • Bank Wire Transfer – 50 EUR (860 ZAR)
  • OK Pay – 2% of the transaction

 

How long does it take to make a withdrawal?

Withdrawals with NumberOne CM will depend on the withdrawal method that traders use. According to the official NumberOne CM website, withdrawals take between 1 hour and 8 hours.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

June 17, 2022

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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