FXPD Minimum Deposit
What Is Minimum Deposit of FXPD?
The minimum deposit required to open a live account with FXPD is $200 for the Standard STP Account. This amount is relatively low compared to many other brokers, making FXPD an accessible option for new traders looking to enter the market. While some brokers may require higher initial investments, FXPD’s $200 minimum allows for a lower barrier to entry.
Does FXPD Provide Deposit Bonus?
FXPD Payment Options
FXPD Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | USD, EUR | Free | 1-3 business days |
| Credit/Debit Card | USD, EUR | Free | Instant |
| E-wallet | USD, EUR | Free | Instant |
Does FXPD Charge Deposit Fees?
FXPD does not charge any deposit fees. All payment methods, including bank transfers and credit/debit cards, are free of charge. This fee policy is completely user-friendly, ensuring that traders can deposit funds without incurring additional costs.
Does FXPD Support Cryptos to Deposit?
FXPD does not support cryptocurrency deposits; only fiat currency deposits are accepted. This means traders interested in using cryptocurrencies like Bitcoin or Ethereum will need to use traditional payment methods instead. Currently, traditional payment methods dominate the deposit options available.
Is It Easy to Deposit Money to Your FXPD Account?
FXPD offers a single trading account type, the Standard STP Account, which is geared towards traders seeking high leverage and no commission fees. This account is suitable for both beginners and experienced traders, with a minimum deposit requirement of $200, making it accessible for those starting their trading journey.
The deposit steps are simple and intuitive for most users, with mainstream payment methods requiring no additional documentation. However, larger deposits may necessitate further verification.
Which FXPD Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard STP Account | $200 | Traders seeking fast execution and high leverage |
Funding Your Account Step by Step
- Log into your FXPD account on the official website.
- Navigate to the “Deposit” section found in your account dashboard.
- Select your preferred payment method (e.g., bank transfer or credit/debit card).
- Enter the deposit amount (minimum $200) and fill out any required payment details.
- Review the information and confirm the transaction.
- Wait for the processing time: deposits via credit/debit card are instant, while bank transfers may take 1-3 business days.
How to Withdraw from FXPD
- Log in to Your Account: Access your FXPD trading account using your credentials. Ensure you are using a secure internet connection to protect your data.
- Navigate to the Withdrawal Section: Once logged in, locate the ‘Withdrawal’ option in the main menu. This is typically found under the ‘Account’ or ‘Funds’ section of the dashboard.
- Choose Your Withdrawal Method: Select from the available withdrawal options (e.g., bank transfer, credit/debit card). Make sure the method you choose matches your deposit method to avoid any issues.
- Enter Withdrawal Amount: Specify the amount you wish to withdraw, ensuring it complies with the minimum and maximum limits set by FXPD.
- Submit Your Request: Review your withdrawal details for accuracy and submit the request. You should receive a confirmation message indicating that your withdrawal is being processed.
FAQs
Q1: What is the minimum deposit for FXPD?
A1: The minimum deposit required to open a Standard STP Account with FXPD is $200. This applies to all new traders looking to start live trading with the broker.
Q2: How can I deposit funds into my FXPD account?
A2: You can deposit funds into your FXPD account using bank transfers or credit/debit cards, with no fees charged for deposits. Processing times vary, with bank transfers taking 1-3 business days and card deposits being instant.
Q3: What withdrawal methods does FXPD offer and how fast are they?
A3: FXPD offers withdrawal methods similar to its deposit options, including bank transfers and credit/debit cards, with no associated fees. Withdrawal processing times can take up to 3 business days.
Q4: Is my money safe with FXPD?
A4: FXPD operates without a regulatory license, which raises concerns about fund safety. It’s essential to be aware of the risks associated with trading with unregulated brokers.