The minimum deposit amount required to register a live trading account with TemplerFX is $1 or ZAR 17.10. TemplerFX accepts USD, EUR and BTC currencies on specific accounts. Deposit and withdrawal fees are charged on some payment methods.

Templer FX at a glance

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 1

Regulators

FSA

Trading Platform

MT4, TemplerFX Trader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Templer FX minimum deposit keypoint overview

• Templer FX at a glance
• Templer FX minimum deposit keypoint overview
• Minimum deposit
• Deposit fees and deposit methods
• Step-by-step guide to depositing the minimum amount
• Pros and Cons
• Templer FX at a glance
• Customer Reviews
• Conclusion
• FAQ

Minimum deposit

💰TemplerFX has a minimum deposit requirement of only $ 1.

💵This minimum deposit amount is equivalent to ZAR 17.10 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

🔎TemplerFX is a broker that operates as an institutional and retail ECN counterparty to clients trading in the forex market.

It is registered in St Vincent and the Grenadines which is an offshore jurisdiction. The broker is a trademark of St. Vincent and the Grenadines financial investment firm, which is authorized by the local Financial Service Provider Commission (FSA).

⭐Through this entity one of the requirements is that client funds be kept in segregated accounts. In complying with this, amidst several other strict rules and regulations, all client funds are kept separate from the broker account, and they can only be used by traders to conduct trading activities.

Deposit fees and deposit methods

💰When compared with other brokers, the minimum deposit that TemplerFX requires when registering a live account is exceptionally low.

💳TemplerFX offers traders a variety of payment methods that can be used when making deposits, which is:

💵Deposit currencies that are accepted are only USD, EUR and BTC and only on specific account types.

🔎The broker charges no transaction fees but some of the payment methods do require a deposit or withdrawal fee.

✔️In addition, traders must also ensure that they verify whether their financial institution waives its fees as there may be additional fees payable.

Step-by-step guide to depositing the minimum amount

💰Funding the trading account is easy and hassle-free and traders can do it from their own bank account by sending the funds to the client account with TemplerFX.

💵Traders can also access the option to deposit the minimum amount from their personal area after having registered a live trading account that has been approved.

✔️Traders need to log into their personal area and select the option to deposit funds. Follow the instructions to make a deposit into the trading account and make sure to select the correct deposit currency before making a deposit.

Funds must be transferred in the same currency as the bank account to which they are sending them to. Should this not be done, traders may be subjected to currency conversion fees.

 Step 1 – Login to your TemplerFX dashboard.

 Step 2 – Navigate to the deposit option

In the menu options on the left, click on finance and select the “deposit” dropdown item.

 Step 3 – Enter the amount you wish to deposit along with the payment methods

Once you’ve entered the deposit details, click on deposit to finalise the transaction.

Pros and Cons

Templer FX at a glance

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 1

Regulators

FSA

Trading Platform

MT4, TemplerFX Trader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Customer Reviews

This broker is not regulated

This broker is not regulated. But they have plenty of easy withdrawal options for East African customers

Advice to retail traders

Advice to retail traders. In simple words, be aware of this broker and their partners . Last time i have deposited using a service they call flutterwave ( MoMo) they didn’t reflect the amount to my account. I chatted with 3 of their agents, always telling me that my problem is going to be resolved within 24 hours. Now it’s 4 days without my money. I’m totally frustrated. This broker is not trustworthy, you can even see it’s reviews online, they are being shited. Be aware please 🤬😡

looks good

looks good, instant withdrawal, but not many options to receive money

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Conclusion

Overall, Templer FX requires a minimum deposit of $ 1 or R17.10. Accepted currencies include USD, EUR and BTC on certain accounts. Some payment methods require deposit and withdrawal fees, which are low in comparison to other brokers.

FAQ

What is the minimum deposit for TemplerFX?

$ 1.

How do I make a deposit and withdrawal with TemplerFX?

• Visa
• MasterCard
• OKPay
• advcash
• Mpesa
• PSB
• Qiwi
• Bitcoin
• Contact
• WeTransfer
• Skrill
• PerfectMoney
• FasaPay
• Bank Wire Transfer

Does TemplerFX charge withdrawal fees?

There are no deposit or withdrawal charges on most of the payment methods. However, traders should take note that depending on the financial institution that it uses, fees may apply.

How long does it take to make a withdrawal?

This will depend on the payment method used. Most withdrawals are done immediately, or it can take up to 5 working days.