BLUEMOUNT Minimum Deposit
What Is Minimum Deposit of BLUEMOUNT?
The minimum deposit required to open a live account with BLUEMOUNT is HK$100. This amount is relatively accessible compared to many brokers, which often require higher initial investments. A lower minimum deposit can attract a wider range of investors, especially beginners who may want to test the waters before committing significant capital. However, potential traders should also consider the overall service quality and associated fees when evaluating this broker.
Does BLUEMOUNT Provide Deposit Bonus?
BLUEMOUNT does not offer any deposit bonuses for new or existing users. This means there are no promotions such as matching deposit amounts or rewards based on deposited funds. Without deposit bonuses, traders may need to weigh other factors like trading fees and account features more heavily when deciding to open an account with BLUEMOUNT.
BLUEMOUNT Payment Options
BLUEMOUNT Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | HKD | Free | Same day if before 15:30 |
| Cheque | HKD | Free | Same day if before 15:30 |
| Draft | HKD | Free | Same day if before 15:30 |
Does BLUEMOUNT Charge Deposit Fees?
BLUEMOUNT does not charge deposit fees for any payment methods. All deposit methods are free of charge, making it a user-friendly choice for traders. This fee policy enhances the overall trading experience by eliminating additional costs for fund deposits.
Does BLUEMOUNT Support Cryptos to Deposit?
BLUEMOUNT does not support cryptocurrency deposits; only fiat currency deposits are supported, and cryptocurrencies are not accepted. This restriction may limit options for traders who prefer to use digital assets for funding their accounts.
Is It Easy to Deposit Money to Your BLUEMOUNT Account?
BLUEMOUNT offers a variety of trading account types, including Standard Account, ECN Account, and Micro Account, catering to a range of trading goals from beginners to seasoned investors. Users typically select their account based on their capital and trading experience, with varying minimum deposit requirements for each type.
The deposit steps are simple and intuitive for most users, with mainstream payment methods requiring no additional documentation. However, larger deposits for specific account types may necessitate extra verification.
Which BLUEMOUNT Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard Account | $5 | Suitable for beginners with smaller capital |
| ECN Account | $100 | Active traders looking for lower spreads |
| Micro Account | $10 | Beginners wanting to start with minimal investment |
| VIP Account | $1,000 | Professional investors seeking premium services |
Funding Your Account Step by Step
- Log in to your BLUEMOUNT account.
- Navigate to the ‘Deposit’ section of the platform.
- Select your preferred payment method (e.g., bank transfer).
- Enter the deposit amount and confirm your bank details.
- Submit the necessary documentation, if required (e.g., bank-in slip for cheque deposits).
- Wait for the processing confirmation, which typically occurs the same day if submitted before 15:30.
How to Withdraw from BLUEMOUNT
- Contact Customer Service: Call the customer service at (852) 2137 2688 to initiate your withdrawal request. Ensure you have your account details ready for verification.
- Submit Withdrawal Request: Clearly state the amount you wish to withdraw. Make sure to specify that you want the funds transferred to your registered bank account.
- Check Withdrawal Timing: If you submit your request before 12:00 PM, your withdrawal will be processed in the afternoon and you will receive the funds via crossed cheque the same trading day. Requests made after 12:00 PM will be processed the following trading day.
- Confirm Receipt: Once the withdrawal has been processed, check your registered bank account to confirm the receipt of funds. If there are any delays, contact customer service for assistance.
FAQs
Q1: What is the minimum deposit for BLUEMOUNT?
A1: The minimum deposit amount for BLUEMOUNT is HK$100, which is required to open an account and start trading.
Q2: How do I deposit funds into my BLUEMOUNT account?
A2: You can deposit funds via bank transfer or cheque to specific banks, including Bank of China or Chong Hing Bank, and the deposits are processed the same day if made before 15:30 on trading days.
Q3: What payment methods can I use for withdrawals from BLUEMOUNT?
A3: Withdrawals can be requested through customer service and are typically processed via crossed cheque to your registered bank account.
Q4: Is my money safe with BLUEMOUNT?
A4: BLUEMOUNT currently operates without valid forex regulation, which raises concerns about fund safety, so it is advisable to proceed with caution when investing.