All Share (J203) = 90 015
Rand / Dollar = 18.21
Rand / Pound = 23.61
Rand / Euro = 19.76
Gold (usd/oz) = 3 034.38
Platinum (usd/oz) = 994.60
Brent (usd/barrel) = 71.04
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

OneTrade Minimum Deposit

OneTrade Minimum Deposit

 

 

Our OneTrade Minimum Deposit Revealed:

 

Minimum Deposit

OneTrade has a minimum deposit requirement of $100 (1 482 ZAR).

 

The minimum deposit amount that traders must pay when they register a live trading account with OneTrade is based on the exchange rate between the US Dollar and the South African rand, on the day of writing.

 

OneTrade is a broker based in the United Kingdom with strict regulation with the FCA. The FCA is well-known as one of the top regulators in the industry and it has strict laws regarding client funds. OneTrade is required to keep all client funds in segregated accounts with top-tier banks, separate from the broker account.

 

In addition, OneTrade is also required to conform to all other regulatory standards and guidelines to ensure that traders are provided with a fair, transparent, and safe trading environment.

 

Deposit fees and deposit methods

OneTrade does not charge any deposit fees when traders pay the minimum deposit amount or make other deposits into their account. The payment methods that OneTrade supports for both deposits and withdrawals are:

  • Bank Wire Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller

 

When traders make deposits into their trading account, they can use any of the following supported deposit currencies:

  • EUR
  • GBP
  • USD

 

Deposits must be made from an account that is held by the same person as the trading account, according to regulatory requirements. Traders should note that there are limitations that apply to credit/debit card payments and this method should be reserved for urgent deposits.

 

Traders must choose their deposit method carefully as withdrawals will be processed using the same method used for deposits, also as per regulation.

 

While OneTrade does not charge any deposit fees, there may be fees charged by the payment provider or financial institution of the trader in the form of processing fees. Deposits made to the trading account can take anywhere from an hour up to several days, depending on the payment method used.

 

Step by step guide to deposit the minimum amount

To deposit the minimum amount, traders can sign into their OneTrade members area and navigate to the section dedicated for deposits/withdrawals. Traders can select their preferred deposit method, enter the minimum deposit amount, and deposit currency.

 

Traders can follow the instructions to confirm and verify their deposit and wait for it to reflect in their trading account before they can start trading. Traders must note that OneTrade cannot be held liable for any processing fees charged by the trader’s bank or the broker’s, fees charged will be taken from the deposit amount.

 

Pros and Cons

PROS CONS
Industry-standard minimum deposit amount Limited deposit currencies
Deposit fees are not charged Limited funding methods
Reliable funding methods

 

You might also like: OneTrade Account Types

You might also like: OneTrade Demo Account

You might also like: OneTrade Fees and Spreads

You might also like: OneTrade Islamic Account

You might also like: OneTrade Sign up Bonus

 

 

FAQ

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

$100 (1 482 ZAR).

 

How do you make a deposit and withdraw money with OneTrade?

 

Does OneTrade charge withdrawal fees?

No, OneTrade does not charge withdrawal fees.

 

How long does it take to make a withdrawal?

Withdrawals can take between a few hours up to several days.

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 26, 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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