Did you know that some forex brokers offer free deposits? By choosing a forex broker with good payment options and free deposits, you can save money and reduce your overall trading costs.
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Best Brokers With Free Deposits
Here are our top brokers for traders looking for the best payment options.
Broker | Features | Broker Reviews | Visit |
* 1:1000 leverage * 210+ instruments * $15 min. deposit * CySEC licence | |||
* 1:1000 leverage * 1200+ instruments * $5 min. deposit * CySEC licence | |||
* 1:888 leverage * 1000+ instruments * $5 min. deposit * CySEC licence | |||
* 1:500 leverage * $100 min. deposit * CySEC licence | |||
* 1:400 leverage * $100 min. deposit * ASIC licence | |||
* 1:1000 leverage * FSA licence | |||
* Low deposit * CySEC licence | |||
* 1:500 leverage * 10,000+ instruments * $100 min. deposit * ASIC licence | |||
* 1:1000 leverage * 70+ instruments * $0 min. deposit * FSC licence | |||
* 1:500 leverage * 800+ instruments * $50 min. deposit * FSCA licence | |||
* 1:500 leverage * CySEC licence | |||
* 1:400 leverage * CMA licence | |||
* 1:500 leverage * 300+ instruments * $50 min. deposit * SVG licence | |||
* 1:500 leverage * 70+ instruments * $1 min. deposit * SVG licence | |||
* 1:1000 leverage * 130+ instruments * $5 min. deposit * FCA licence | |||
* 1:2000 leverage * 140+ instruments * FCA licence | |||
* 1:500 leverage * $10 min. deposit | |||
* 1:500 leverage * 1000+ instruments * $200 min. deposit * ASIC licence | |||
* 1:500 leverage * 80+ instruments * $200 min. deposit * ASIC licence | |||
* 1:400 leverage | |||
* 1:1000 leverage | |||
* 1:777 leverage |
What are the most common deposit options?
When it comes to payment options, most forex brokers will usually let you deposit money using a debit card, credit card, or bank wire transfer. The best forex brokers will usually also let you use e-wallets such as Skrill, Neteller, Trustly, iDeal, AstroPay, and Sofort. It’s important to check that you can deposit and withdraw money using the same payment method. It’s also important to check if there are any deposit fees.
What are the most common deposit times?
Most forex brokers provide estimated deposit and withdrawal times. For example, the processing time for a bankwire transfer is usually at least 1-2 business days. However, this may also be longer depending on your choice of bank. For e-wallets, the processing time is usually much quicker and you can usually transfer money instantly.
What is a free deposit promotion?
Some brokers offer free deposit promotions. With this type of promotion, the forex broker usually offers to cover the deposit fees for some or all of their available deposit methods. This type of promotion can be very helpful as it reduces your overall trading costs.
How To Choose A Forex Broker With Free Deposits
- Regulation – Be sure to choose a regulated forex broker. A good forex broker should be licensed by a reputable regulatory body. It should also ensure a high level client fund protection and data security. This means your money is safe.
- Payment Methods – Be sure to choose a forex broker with a wide range of payment methods. Before you open an account, see what options are available and decide whether these are the most convenient payment options for you.
- Special Promotions – Be sure to choose a forex broker that offers free deposit promotions. Most forex brokers will not cover your deposit fees and so it’s important to check what they offer and if you can save money on transfer costs.
- Customer Support – Good forex brokers will be readily available and will do everything they can to help you with your account. Look for a broker with a good online reputation and with a friendly, helpful customer support team.
- Customer Reviews – Good forex brokers will usually have positive customer reviews.. You can check out our broker reviews to see which brokers have a good range of payment options. You can also check out their reviews on forums.