In forex trading, choosing broker is essential. In fact, it is not only the case for forex trading because in all kinds of trading instrument, broker always plays important role. Brokers become the access to enter the trading market and it provides accesses with various features that can bring benefits for traders. In this case, some aspects can become considerations in choosing the best broker. When you are also interested in forex trading, you should know what you need. In case you have concern in the requirement of fund that you need to provide in starting the trading, you can consider the aspect related to the minimum deposit.
Each broker has different requirement of minimum deposit. Each of them has different minimum requirement and it is important to know. In this case, you can check ICMarkets minimum deposit. IC Markets can become one of the good brokers when you want to get involved in forex trading. You can trade and use your fund quite safely in the broker because of its reliability and services. As for its minimum deposit, you should know that IC Markets sets the minimum deposit at $200. This is the minimum deposit for standard account and it will have the same value in local currencies depending on the location of the traders. Of course, there will be process of converting the currencies and it is important to check the exchange rate between the currencies. However, it can be said that it is quite safe because it sets the same amount of minimum deposit regardless the account and currencies.
When it talks about minimum deposit, it will also talk about the deposit method. In this aspect, IC Markets can become one of the brokers with many deposit and withdrawal methods. It will give easier access for traders in case they want to deposit by using the most preferable method. You can deposit by using credit and debit card. Then, it is possible to use PayPal, Neteller, Skrill, and UnionPay. There are still other methods that can be used to deposit the funds to the account. Unfortunately, it does not support deposit method by using cryptocurrency but it will not be big problem if you are not using the tokens or crypto coins in trading. As for the fees, IC Markets do not charge any fee for deposit and withdrawal. You do not need to worry about this aspect. However, you should be aware that there still can be fee from the banks depending on the deposit method that you are going to use. At least, you do not need to worry about the charge or fees from the broker.
As for the deposit duration of deposit, basically you do not need to wait for long time. In fact, most of the deposit method has instant process in depositing. You do not need to wait for long time especially when you deposit by using debit and credit card. PayPal and Neteller also have instant access. You may have to wait for longer duration in case you deposit your fund by using Wire Transfer because it can take up to 5 days.
