Tattvam Minimum Deposit
What Is Minimum Deposit of Tattvam?
The minimum deposit required to open a live account with Tattvam is $5,000. This amount is relatively high compared to many other brokers, which often have lower entry points, sometimes starting as low as $100. Tattvam’s higher minimum deposit may appeal to experienced traders who are looking for a more professional trading environment, but it could deter beginners or those with limited capital from accessing its services.
Does Tattvam Provide Deposit Bonus?
Tattvam does not offer any deposit bonuses for new users or existing clients. This means that there are no promotional offers such as matching deposit amounts or rewards for initial deposits. Traders should be aware that without these incentives, they will need to rely solely on their trading skills and strategies without any additional financial support from the broker.
Tattvam Payment Options
Tattvam Deposit and Withdrawal
| Deposit and Withdrawal Method | Currency | Deposit and Withdrawal Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | AED, USD | Free | 1-3 business days |
| Visa/MasterCard | AED, USD | Free | Instant |
| Cryptocurrency | Not Supported | N/A | N/A |
Does Tattvam Charge Deposit Fees?
Tattvam does not charge deposit fees. All deposit methods, including bank transfers and credit card transactions, are free of charge. This fee policy is user-friendly and encourages traders to fund their accounts without incurring additional costs.
Does Tattvam Support Cryptos to Deposit?
Tattvam does not support cryptocurrency deposits. Only fiat currency deposits are accepted, specifically in AED and USD. This limitation may be a drawback for users looking to trade with digital assets.
Is It Easy to Deposit Money to Your Tattvam Account?
Tattvam offers various trading account types including the Standard Account, ECN Account, and Micro Account. Users typically select an account based on their trading goals, such as whether they are beginner or experienced traders, as well as the different minimum deposit requirements for each account type.
The deposit steps are simple and intuitive for most users, and mainstream payment methods generally require no additional documentation, making the process relatively straightforward.
Which Tattvam Trading Account Is Right for You?
| Account Type | Minimum Deposit Requirement | Suitable User Type |
|---|---|---|
| Standard Account | $5,000+ | Active Trader |
| ECN Account | $1,000+ | Professional Investor |
| Micro Account | $100+ | Beginner |
Funding Your Account Step by Step
- Log in to your Tattvam account.
- Navigate to the “Deposit” section from your account dashboard.
- Select your preferred payment method (e.g., bank transfer, Visa/MasterCard).
- Enter the amount you wish to deposit and confirm the transaction.
- Follow any prompts for verification if necessary, and submit your deposit request.
- Check your account balance after a short while to confirm the funds have been credited.
How to Withdraw from Tattvam
- Log in to Your Account: Visit the Tattvam website and log into your trading account using your credentials.
- Navigate to the Withdrawal Section: Once logged in, locate the “Withdrawal” option in your account dashboard. This will direct you to the withdrawal request form.
- Choose Your Withdrawal Method: Select your preferred withdrawal method from the available options (e.g., bank transfer, Visa/MasterCard). Ensure that the method you select is the same as your deposit method to avoid any complications.
- Enter Withdrawal Details: Fill in the required details, including the amount you wish to withdraw and any necessary payment information. Double-check for accuracy to prevent any delays.
- Submit Your Request: Review your withdrawal request and submit it. You should receive a confirmation notification once your request has been processed. Keep track of your withdrawal status in the account dashboard.
FAQs
Q1: What is the minimum deposit for Tattvam?
A1: The minimum deposit required to open an account with Tattvam is $100, although different account types may have higher minimums, such as $1,000 or $5,000 for various services.
Q2: How do I deposit funds into my Tattvam account?
A2: You can deposit funds into your Tattvam account using several methods, including bank transfers and Visa/MasterCard credit/debit cards, with no fees charged for deposits.
Q3: What are the withdrawal methods available at Tattvam?
A3: Tattvam allows withdrawals through bank transfers and Visa/MasterCard credit/debit cards, and there are no fees associated with withdrawals.
Q4: Is my money safe with Tattvam?
A4: While Tattvam has some regulatory oversight, it is important to note that it lacks a full forex trading license, so traders should exercise caution and conduct thorough research before investing.