What is IC Markets Minimum Deposit in ZAR?
Can I Deposit $10 into IC Markets?
| IC Markets Minimum Deposit | USD 200 |
|---|---|
| Deposit Methods | Credit/Debit Card,Local Bank Transfer,e-Wallets |
| Account Types | Pro Account,Zero Account |
| Deposit Fees | No fees |
| Account Base Currencies | USD, AUD, GBP, EUR, CAD, SGD, JPY, HKD, CHF |
| Withdrawal Fees | No fees |
Your First Deposit - $200
When making the first deposit into your newly opened IC Markets MT4/5 or cTrader account the starting deposit is $200 which equates to around 3,600 ZAR.
Subsequent Deposits - $1
After making your first deposit into your account, the minimum deposit for subsequent deposits is $1 or 18 ZAR, so this means you can fund your account with little money.
ZAR Deposits Will Attract A Conversion Fee
IC Markets does not have ZAR base currency so if you deposit in ZAR, it will have to be converted into your chosen account currency at a fee.
The account currencies available to Sa traders are USD, EUR, GBP, CHF, JPY.
Local South African Bank Funding Not Supported
IC Markets does not allow deposits from your local South African banks instead wire transfer is what is offered and it can take up to 5 days to receive funds.
Accepted Deposit Methods
- Visa card
- Mastercard
- Broker to Broker
- International bank Wire
- Skrill
- Neteller
- GPay
- Crypto