When searching for an optimal brokerage platform, most traders focus on which assets and instruments it offers and whether it is easy to navigate and utilize. Yet, there is another aspect worth special attention ― minimum deposit. In this guide, we will discuss minimum deposit requirements established by Exness, depending on the payment method and account type, as well as other related rules.
First, let us study the minimum deposit requirements for standard accounts. They vary based on the payment option chosen. So, in most cases, the system will accept transfers from $10, except for transactions via Perfect Money ― the minimum limit will increase to $50. Besides, when you decide to upgrade your account to a professional level, you must be ready to credit from $500. Clients from South Africa must also stick to the limit of $10 (namely, its equivalent in ZAR).
Another detail worth highlighting ― the Exness minimum deposit limit is among the most affordable compared to competitors. So, RoboForex demands its users to make payments from $10, AvaTrade ― from $100.
As for fees, this broker does not charge any commissions for crediting funds, unlike most other competitors. Still, there may be certain fees imposed by payment systems themselves.
In terms of payment method variety, it also outcompetes most other brokerage services. It accepts deposits via bank and card transfers and online payment systems like most of its competitors. Besides, its users have an opportunity to perform deposits in cryptocurrency.
More to the point, the overwhelming majority of transfers are processed instantly. Yet, if you decide to deposit your account except for payments in such crypto as Bitcoin and Tether.
Furthermore, there is a good chance to save on conversion commissions, as Exness allows its clients to create accounts in all popular currencies, including USD, AUD, EUR, GBP, CNY, CAD, and many more.
Now, let us provide you with quick tips on how to top up your balance:
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find the Deposit section in your Personal Area;
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select the preferred payment method;
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in the next window, choose the account, the currency, and the sum;
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confirm your request on the website of the payment system.
In sum, one can safely say that the transparent deposit policy of this brokerage company is one of its key advantages. Registering an account on this website, you can be sure that you will have an opportunity to easily replenish it without any extra fees or unexpected limitations.
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