All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.53
Rand / Euro = 19.79
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

TigerWit Minimum Deposit

TigerWit Minimum Deposit

 

TigerWit has a minimum deposit requirement of only $ 50 (841 ZAR). TigerWit does not charge any deposit fees and deposits are registers immediately into the trader’s account. Deposit currencies that are accepted include GBP, EUR, and USD.

 

TigerWit at a glance

Broker's NameTigerWit
📍 HeadquarteredLondon, UK
📅 Year Founded2015
⚖️ Regulating AuthoritiesFCA, SCB
🌐 Countries not accepted for tradeUS, Canada, Japan, and any other country where CFD trading is prohibited.
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1: 200
💰 Minimum Deposit$ 50 (841 ZAR)
💳 Deposit OptionsDebit cards
Credit cards
Bank wire transfer
Skrill
Neteller
BitPay
💳 Withdrawal OptionsDebit cards
Credit cards
Bank wire transfer
Skrill
Neteller
BitPay
💻 Platform TypesMetaTrader4
📈 Tradable assets offeredForex
Precious metals
Crude oil and natural gas
Cryptocurrencies
CFDs
Stocks
📱 OS CompatibilityDesktop, Web, Android, and iOS devices
👨‍💼 Languages supported on WebsiteEnglish, Spanish, German, Dutch, Chinese, Arabic, French, Afrikaans, Harshen Hausa, Igbo, and Yoruba
👥 Customer Support LanguagesEnglish, Spanish, German, Dutch, Chinese, Arabic, French, Afrikaans, Harshen Hausa, Igbo, and Yoruba
📆 Customer Service Hours24/5
👉 Open a account👉 Open Account

 

Overall Rating

4.7/5

Rated #263 of 
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

60

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

TigerWit Minimum deposit – 6 key points quick overview:

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

 

TigerWit Minimum Deposit

TigerWit  Minimum Deposit

 

TigerWit has a minimum deposit requirement of only $ 50. This minimum deposit amount is equivalent to ZAR 841 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

TigerWit Ltd is registered in England and Wales and authorised and regulated by the Financial Conduct Authority (FCA). In addition, it is also regulated in the Bahamas by the Securities Commission of the Bahamas (SCB), in Hong Kong by the Securities and Futures Commission and TigerWit LLC is registered in St Vincent and the Grenadines.

 

The broker emphasizes building technology infrastructure for a superior trading experience and its trading system is built on and powered by blockchain. All transactions are recorded and verified on the blockchain-based distributed trading ledger. This creates a permanent record across the ecosystem for transparency, security, accountability, and trust.

 

It is a requirement by most regulatory bodies and financial institutions, amidst several other strict rules and regulations, that all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

TigerWit Deposit fees and deposit methods

TigerWit Deposit fees and deposit methods

 

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

 

📍 When making deposits the following payment methods are accepted by TigerWit:

➡️ Debit cards

➡️ Credit cards

➡️ Bank Wire transfer

➡️ Skrill

➡️ Neteller

➡️ BitPay

 

TigerWit does not charge any deposit fees and deposits are registers immediately into the trader’s account.

 

The broker allows four free withdrawals per month, after which $ 1 is charged for each withdrawal. Traders should also ensure that they verify whether the financial institution they use waives its own fees as there may be additional fees charged.

 

Deposit currencies that are accepted include GBP, EUR, and USD.

 

Step by step guide to depositing the minimum amount

When funding the trading account, traders can do it from their bank account by sending the funds to one of the TigerWit segregated client accounts. They also have the option to deposit the minimum amount from their personal client area after having registered a live trading account.

 

Step 1 – Log into your personals area.

Traders need to log into their personal area

 

Step 2 – Choose to deposit.

Select the option for deposits, and follow the instructions to make a deposit.

 

Step 3 – Chose a deposit currency.

They should ensure that they select the correct deposit currency before making a deposit.

 

Funds transferred must also be in the same currency as the bank account to which they are sending it. If not, currency conversion fees may apply.

 

Overall Rating

4.7/5

Rated #263 of 
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

60

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

TigerWitPros and Cons

✔️ Pros❌ Cons
Low minimum deposit requirementAccount base currencies are limited
No deposit fees chargedCurrency conversion fees may apply
Regulated through FCA and SCBLimited payment methods offered
Reliable payment methods offered

 

Conclusion

TigerWit has a minimum deposit requirement of only $ 50 (841 ZAR). TigerWit does not charge any deposit fees and deposits are registers immediately into the trader’s account. Deposit currencies that are accepted include GBP, EUR, and USD.

 

Despite this, the broker is a regulated and reputable broker which offers its services and solutions to traders despite their trading needs, objectives, experience, or trading styles. Traders still have access to a wide range of markets, competitive trading conditions and powerful trading platforms.

TigerWit Contact us

 

You might also like: TigerWit Fees and spreads

You might also like: TigerWit Review

You might also like: TigerWit Islamic account

You might also like: TigerWit Demo account

You might also like: TigerWit Account types

You might also like: TigerWit Sign up bonus

 

Frequently Asked Questions

What is the minimum deposit for TigerWit?

$ 50.

 

How do I make a deposit and withdrawal with TigerWit?

  • Debit cards
  • Credit Cards
  • Bank Wire Transfer
  • Neteller
  • Skrill
  • BitPay

 

Does TigerWit charge withdrawal fees?

TigerWit allows up to four free withdrawals per month, after which clients must pay a fee of $1 per withdrawal.

 

How long does it take to make a withdrawal?

This is not clear on the website but depending on the withdrawal method used it can be instantly or take up to several working days.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 11, 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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