ASTRUM Minimum Deposit
What Is Minimum Deposit of ASTRUM?
The minimum deposit required to activate a live account with ASTRUM is not explicitly stated in the available information. This lack of clarity can be a concern for potential traders comparing brokers. In general, minimum deposit amounts can vary widely among brokers, with some requiring as little as $100, while others may ask for $1,000 or more. Therefore, ASTRUM’s unclear minimum deposit could be perceived as a downside, especially for new traders looking to start with minimal financial commitment.
Does ASTRUM Provide Deposit Bonus?
ASTRUM does not offer any deposit bonuses or matching deposit promotions for new users. This absence of deposit bonuses can limit incentives for potential clients to open an account. Typically, deposit bonuses may include matching a percentage of the initial deposit, but ASTRUM appears to focus on its standard offerings without these promotional enhancements. Traders should consider this when evaluating the overall appeal of ASTRUM as a trading option.
ASTRUM Payment Options
ASTRUM Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | HKD | $60 per stock or 0.01% of stock value | 1-3 business days |
| Credit Card | HKD | 1% fee | Instant |
| E-wallet | HKD | Free | Instant |
Does ASTRUM Charge Deposit Fees?
ASTRUM does charge deposit fees for certain methods. Specifically, credit card deposits incur a 1% fee. Bank transfers have a fee of $60 per stock or 0.01% of the stock value. Overall, the fee policy is relatively high, which might deter some users.
Does ASTRUM Support Cryptos to Deposit?
ASTRUM does not support cryptocurrency deposits; only fiat currency deposits are supported. This limits options for users who prefer digital assets, making traditional payment methods the primary choice for transactions.
Is It Easy to Deposit Money to Your ASTRUM Account?
ASTRUM offers several trading account types, including the Standard Account, ECN Account, and Micro Account, allowing traders to select an option that aligns with their trading goals and experience levels. Beginners typically opt for accounts with lower minimum deposit requirements, while more experienced traders may prefer accounts that support larger investments.
The deposit steps are straightforward and user-friendly for most clients, and the commonly used payment methods do not require additional documentation, making the process seamless.
Which ASTRUM Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard Account | $5 | Beginner |
| ECN Account | $100 | Active Trader |
| Micro Account | $10 | Beginner |
| VIP Account | $1,000 | Professional Investor |
Funding Your Account Step by Step
- Log in to your ASTRUM trading account on the official website.
- Navigate to the “Deposit” section from your account dashboard.
- Select your preferred payment method from the available options.
- Enter the amount you wish to deposit, ensuring it meets the minimum deposit requirement for your chosen account type.
- Complete any required verification steps, if prompted, and confirm the transaction.
- Wait for the confirmation that your deposit has been processed and is reflected in your account balance.
How to Withdraw from ASTRUM
- Log into Your Account
Access your ASTRUM trading account using your credentials. Ensure you are on the official website to maintain security.
- Navigate to the Withdrawal Section
Once logged in, locate the “Withdrawal” option in your account dashboard. This is typically found under the “Funds” or “Account” tab.
- Select Withdrawal Method
Choose your preferred withdrawal method. ASTRUM offers various options, including bank transfers. Review any fees associated with each method.
- Enter Withdrawal Amount
Specify the amount you wish to withdraw. Ensure it complies with any minimum withdrawal limits set by ASTRUM.
- Confirm Withdrawal Request
Review the details of your withdrawal request. Confirm it by following any additional prompts, such as verifying your identity or entering a security code.
FAQs
Q1: What is the minimum deposit for ASTRUM?
A1: ASTRUM does not specify a minimum deposit requirement publicly, so it’s best to contact their customer support for detailed information tailored to your trading needs.
Q2: How do I deposit funds into my ASTRUM account?
A2: You can deposit funds into your ASTRUM account using Hong Kong dollar transfers through several banks, including Citic Bank and Hang Seng Bank.
Q3: What withdrawal methods does ASTRUM support and are there any fees?
A3: ASTRUM allows physical, SI, or ISI withdrawals with fees ranging from HKD 60 per stock to 0.01% of the stock value, in addition to a $5 transfer deed stamp duty for each physical share deposited.
Q4: How fast are transactions processed with ASTRUM?
A4: Generally, ASTRUM aims for efficient transaction speeds, but specific processing times may vary based on the method used and the nature of the transaction.