Our accounts come with a variety of pricing levels and benefits and thus the initial deposit to activate the account differs by account type and currency.
Initial deposit
In order to activate your account for trading you will need to make an initial deposit. The initial deposit varies depending on the account type.
| Account | Initial Deposit |
|---|---|
Edge | 50 USD, 68,500 NGN |
Micro | 30 USD, 30 EUR |
Rewards Plus | 100 USD/EUR/GBP, 350 AED, 137,000 NGN |
Rewards | 200 USD/EUR/GBP, 700 AED, 274,000 NGN |
Advantage | 500 USD/EUR/GBP, 1,800 AED, 685,000 NGN |
Advantage Stocks | 200 USD |
Subsequent deposits
Once you've made your initial deposit and activated your trading account, additional deposits can be any amount you'd like but please note there may be fees depending on payment method. Depending on your account type and location, maximum deposit amounts may apply. If you'd like to deposit more than the stated maximum deposit, you'll need to make the deposits in separate amounts.
Find out more about process time of deposits here.
Do I need to deposit funds in a demo account?
Demo accounts have virtual funds of 1,000 USD to practice trading, so there is no need to deposit any of your own funds. If you run out of virtual funds, you can add more practice funds up to $20,000 from your account.
