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 Name | TigerWit |
📍 Headquartered | London, UK |
📅 Year Founded | 2015 |
⚖️ Regulating Authorities | FCA, SCB |
🌐 Countries not accepted for trade | US, Canada, Japan, and any other country where CFD trading is prohibited. |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | Yes |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1: 200 |
💰 Minimum Deposit | $ 50 (841 ZAR) |
💳 Deposit Options | Debit cards Credit cards Bank wire transfer Skrill Neteller BitPay |
💳 Withdrawal Options | Debit cards Credit cards Bank wire transfer Skrill Neteller BitPay |
💻 Platform Types | MetaTrader4 |
📈 Tradable assets offered | Forex Precious metals Crude oil and natural gas Cryptocurrencies CFDs Stocks |
📱 OS Compatibility | Desktop, Web, Android, and iOS devices |
👨💼 Languages supported on Website | English, Spanish, German, Dutch, Chinese, Arabic, French, Afrikaans, Harshen Hausa, Igbo, and Yoruba |
👥 Customer Support Languages | English, Spanish, German, Dutch, Chinese, Arabic, French, Afrikaans, Harshen Hausa, Igbo, and Yoruba |
📆 Customer Service Hours | 24/5 |
👉 Open a account | 👉 Open Account |
TigerWit Minimum deposit – 6 key points quick overview:
TigerWit Minimum Deposit
TigerWit Deposit fees and deposit methods
Step by step guide to depositing the minimum amount
- TigerWitPros and Cons
- Conclusion
- Frequently Asked Questions
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
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
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.
TigerWitPros and Cons
✔️ Pros | ❌ Cons |
Low minimum deposit requirement | Account base currencies are limited |
No deposit fees charged | Currency conversion fees may apply |
Regulated through FCA and SCB | Limited 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.
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.
Table of Contents
Toggle