Traders Trust has a minimum deposit requirement of only $ 50 or currency equivalent to opening a Classic account. A PRO account can be opened with a $ 2,000 deposit and a VIP account can be opened with a $ 20,000 minimum balance.
Traders Trust at a glance
🔍 Brokers Name | Traders Trust |
📍 Headquartered | Limassol, Cyprus |
📅 Year Founded | 2009 |
🏛 Regulating Authorities | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Società e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) |
🌐 Countries not accepted for trade | accepted for trade Australia, New Zealand, Canada, Iran, Iraq, North Korea, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda, Yemen, Venezuela, and Puerto Rico |
🆓 Demo Account | Yes |
☪️️ Islamic Account (Swap Free) | Yes |
🏙 Institutional Accounts | Yes |
💻 Managed Accounts | Yes |
📊 Maximum Leverage | 1:3000 Dynamic Leverage |
💰 Minimum Deposit | $50 |
💳 Deposit Options | Bank Wire, VISA, MasterCard, Bitcoin, BitWallet, FasaPay, Neteller, Skrill, WebMoney |
💳 Withdrawal Options | Bank Wire, VISA, MasterCard, Bitcoin, BitWallet, FasaPay, Neteller, Skrill, WebMoney |
📉 Platform Types | MT4 |
📲 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
📊 Tradable Assets | Over 40 forex currency pairs, CFDs, commodities, indices, gold, silver, oil, bitcoin, and other cryptocurrencies |
🌐 Languages supported | English, Dutch, Hungarian, French, Polish, Greek, Italian, Russian, Mandarin, Japanese, and Indonesian. |
☎ Customer Service | 24 hours /5 days a week |
Min Deposit
USD 50
Regulators
FCA, CySEC, BaFin, CNMV, CONSOB, FI, AFM, FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
40+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Traders Trust Minimum Deposit Revealed – A Key 8 Point Quick Overview
- ✅Traders Trust at a glance
- ✅Traders Trust Minimum Deposit
- ✅Traders Trust Deposit fees and deposit methods
- Depositing the Traders Trust minimum amount
- Traders Trust Pros and Cons
- Traders Trust Customer Reviews
- Conclusion
- Frequently Asked Questions
Traders Trust Minimum Deposit
Traders Trust has a minimum deposit requirement of only $ 50 to open a Classic account. A PRO account can be opened with a $ 2,000 deposit and a VIP account can be opened with $ 20,000 minimum balance. This minimum deposit amount was equivalent to ZAR 850 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
🌐 Classic Account | 🌐 PRO Account | 🌐 VIP Account | |
💳 Minimum Deposit | $50 | $2000 | $20 000 |
ZAR | 850 ZAR | 34 000 ZAR | 340 000 ZAR |
Traders Trust’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.
Traders Trust Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that Traders Trust requires when traders register a live account is fairly low. Traders Trust offers traders various payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account. Traders Trust accepts the following payment methods to fund accounts:
Traders Trust does levy additional deposit fees, and third-party charges may be applicable. Processing times for deposits are promised to be fast, usually within 24 hours. USD, ZAR, EUR, JPY, and GBP are accepted as deposit currencies. Traders must ensure that they first verify whether their financial institution charges its own fees.
Depositing the Traders Trust minimum amount
▶ Step 1 – Traders can fund their accounts by sending the funds to one of the Traders Trust segregated client accounts from their bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
▶ Step 2 – Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
▶ Step 3 – Funds must be transferred in the same currency as the bank account to which they are sending it, preventing currency conversion fees from being charged.
Traders Trust Pros and Cons
✔️ PROS | ❌ CONS |
A low minimum deposit of $50 is required | Broker does not offer a wide choice of account types |
Demo accounts can be opened and used | Broker does not offer VPS to clients |
Hedging is allowed | Commissions are charged |
Islamic or swap-free accounts can be opened | Inactivity Fees are charged on idle accounts |
MT4 is provided as a platform | Withdrawal fees are charged |
Offers STP account | |
Regulated by FCA, CySEC, BaFin, CNMV, CONSOB, FI, AFM, FSA | |
Scalping is allowed | |
Segregated accounts used for client funds | |
Very high leverage ratios are allowed |
Traders Trust Customer Reviews
Good Broker
Traders Trust is a good FX broker.. good job ..100% Recommended! – Tony
Traders Trust website
Traders Trust’s website is easily accessible and user-friendly, also any minor issue I had was eventually resolved…. – Gemma
Traders Trust IB Program
I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Chennen
You might also like: Traders Trust Review
You might also like: Traders Trust Sign-up Bonus
You might also like: Traders Trust Demo Account
You might also like: Traders Trust Fees and Spreads
You might also like: Traders Trust Account Types
You might also like: Traders Trust Islamic Account
Min Deposit
USD 50
Regulators
FCA, CySEC, BaFin, CNMV, CONSOB, FI, AFM, FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
40+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Traders Trust offers traders the ability to trade a large variety of forex, metals, indices, and commodities. Traders Trust is a Straight Through Processing’ or Non-Dealing Desk (‘STP/NDD) broker and prides itself on very high-speed executions, which makes it a popular choice for clients. Traders Trust keeps all client funds in a segregated bank account in tier-1 banks and the broker is regulated by several reputable authorities.
Frequently Asked Questions
How does the minimum deposit of Traders Trust compare to similar brokers?
The minimum deposit requirement of $50 compares well with similar brokers.
Does Traders Trust offer negative balance protection?
Yes, negative balance protection is provided by Traders Trust and in the event that your balance goes into negative, the broker rebalances it back to zero so that you do not lose more money than your account balance.
How do you make a deposit and withdraw money with Traders Trust?
Traders Trust offers the following deposit and withdrawal methods:
- Bank Wire
- VISA
- MasterCard
- Bitcoin
- Bitwallet
- FasaPay
- Neteller
- Skrill
- WebMoney
Does Traders Trust charge withdrawal fees?
Yes, Traders Trust charges withdrawal fees.
How long does it take to make a withdrawal?
Withdrawals are promised to be processed within 2 to 3 days, but traders should remember that, depending on their own financial institution, it may take several days before the money might reflect in their personal accounts.
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