Overall Rating
4.3/5
Rated #3 of
Recommended FX Brokers
Minimum Deposit $50
Regulators FSCA
MT 4
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
Our TD Markets Minimum Deposits Revealed:
- ✔️Minimum Deposit
- ✔️Deposit fees and deposit methods
- ✔️Step by step guide to depositing the minimum amount
- Pros and Cons
Minimum Deposit
TD Markets has a minimum deposit requirement of $50.
This minimum deposit amount is equal to 766 ZAR according to the average exchange rate between the United States dollar and the South African Rand. According to the official website of TD Markets, a range of protocols are in place to ensure that traders have peace of mind when they use TD Markets to facilitate their trades.
TD Markets ensures client fund security by keeping all client funds in segregated accounts, separate from the broker account and TD Markets’ funds. This requirement is closely aligned with the core values and transparency that TD Markets ensures. The client funds are kept with major and top-tier banks that are subject to frequent and in-depth auditing procedures.
TD Markets also offers negative balance protection on all retail accounts, ensuring that traders are protected from sudden and drastic price movements in the market that could deplete their trading account.
In addition, TD Markets employs strict anti-money laundering protocols to ensure that traders can participate in trading in an environment that is safe, fair, and transparent.
To instil further confidence in client fund security, TD Markets processes all withdrawal requests within 24 hours.
Deposit fees and deposit methods
TD Markets does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of $50, they can use any of the following payment methods:
- Bank Wire Transfer
- Credit Cards
- Debit Cards
- Bitcoin (BTC)
- eHKonnect
- PayFast
When traders deposit the minimum deposit, they can use the following deposit currencies:
- USD
- EUR
- GBP, and more
Step by step guide to depositing the minimum amount
Before traders can deposit the minimum deposit amount, they must ensure that their trading account has been verified. To do this, traders must upload their proof of identity as well as their proof of residence through the client portal.
Traders can deposit the minimum amount by signing into their client portal and selecting the option for deposits. Traders can select their preferred deposit method, enter the amount they wish to deposit, choose their deposit currency, and verify their deposit.
Traders must choose their deposit methods carefully because withdrawals are processed using the same payment methods in which deposits were received.
Pros and Cons
| PROS | CONS |
| Reliable funding options are offered | Limited deposit currencies offered |
| Ultra-low minimum deposit amount | |
| Client fund security is guaranteed | |
| Withdrawals are processed within 24 hours |
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Overall Rating
4.3/5
Rated #3 of
Recommended FX Brokers
Minimum Deposit $50
Regulators FSCA
MT 4
Yes
📈 Total Pairs
–
Islamic Account No
Trading Fees Low
24 Hours
FAQ
What is the minimum deposit required to open an account with TD Markets?
$50.
How do you make a deposit and withdraw money with TD Markets?
You can use any of the following:
- Bank Wire Transfer
- Credit Cards
- Debit Cards
- Bitcoin (BTC)
- eHKonnect
- PayFast
Does TD Markets charge withdrawal fees?
Yes, withdrawal fees are applied to any withdrawals of less than $200. TD Markets pays the withdrawal fees on behalf of traders if withdrawals exceed $200.
How long does it take to make a withdrawal?
Withdrawals can take between a day and up to three working days if traders use bank wire transfers.
