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 Name | NumberOne CM |
📍 Headquartered | Vanuatu |
📅 Year Founded | 2018 |
⚖️ Regulating Authorities | VFSC |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1:1000 |
💰 Minimum Deposit | $5 (73 ZAR) |
💳 Deposit Options | 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 |
💳 Withdrawal Options | 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 |
💻 Platform Types | MetaTrader 4, MetaTrader 5 |
📈 Tradable assets offered | Forex Commodities Indices Stocks |
📱 OS Compatibility | Web, desktop, mobile |
👨💼 Languages supported on Website | English, French, Russian, Turkish, Thai, Chinese |
👥 Customer Support Languages | Multilingual |
📆 Customer Service Hours | 24/5 |
👉 Open a account | 👉 Open Account |
NumberOne CM Minimum deposit – 6 key points quick overview:
NumberOne CM Minimum Deposit
NumberOne CM Deposit fees and deposit methods
Step by step guide to deposit the minimum amount
- NumberOne CM Pros and Cons
- Conclusion
- Frequently Asked Questions
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 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
Litecoin
Bitcoin Cash
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.
NumberOne CM Pros and Cons
✔️ Pros | ❌ Cons |
Range of flexible funding methods | Deposit 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.
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.
Table of Contents
Toggle