whats tickmill minimum deposit requirement in south african rand

Hey traders, anyone here trading with tickmill, whats their required minimum deposit in ZAR and what is the fastest deposit method for south africa?

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@thabokgosi - 1 year ago

500 ZAR is the minimum deposit accepted at Tickmill South Africa, I trade with them actively. Avoid depositing through cards if you want an instant deposit.

Tickmill accepts MPESA, Bank Transfer, Crypto, & eWallets with instant deposit but they do not accept PayPal.

Tickmill also offers ZAR Account base currency so you can skip on currency conversion fees you would have paid on ZAR deposits.

Stay blessed

C
@chaka_muanzi - 1 month ago

@thabo but why does their website say 100 units of any base currency they offer?

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@thabokgosi - 1 month ago

I think its all hog wash, by the time you attempt to make a deposit into your Rand account you will be shown that the minimum deposit is 500 Rand

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@headies25284 - 1 month ago

Minimum deposit: about $100, which is roughly R1,700–R1,900 ZAR depending on the exchange rate.

However, if you open a ZAR-based account, some funding guides mention deposits starting from around R100 ZAR, though most traders realistically start around $100 equivalent for full functionality.