Number of new users
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The proportion of funding
6 months
Caxton offers a minimum deposit requirement that varies based on the type of account you choose. The standard minimum deposit for personal accounts is typically around £50, while corporate accounts may require a higher initial investment, often starting from £500 or more. This tiered structure allows users to select an account type that best fits their financial needs and trading goals.
Caxton's deposit requirements may vary slightly based on the user's country of residence. For example, users in regions with higher regulatory scrutiny may face different minimum deposit thresholds or additional verification requirements.
Compared to other forex brokers, Caxton's minimum deposit is relatively competitive. Many brokers require a minimum deposit ranging from £100 to £250 for standard accounts. Caxtons low entry point for personal accounts makes it an attractive option for beginner traders.
Caxton offers a variety of deposit methods to cater to the diverse needs of its users. Understanding these methods is crucial for ensuring a seamless deposit experience.
Caxton supports multiple currencies for deposits, including GBP, EUR, and USD, allowing users to fund their accounts in their preferred currency.
For speed and convenience, credit/debit cards and e-wallets are generally recommended for immediate deposits, while bank transfers are ideal for larger amounts.
Once the deposit is processed, funds are typically credited to your account instantly for credit/debit card and e-wallet deposits. Bank transfers may take 1-3 business days, depending on the banks processing times.
Q: What is the minimum deposit for a personal account with Caxton?
A: The minimum deposit for a personal account is typically £50.
Q: How long does it take for a bank transfer to be processed?
A: Bank transfers usually take 1-3 business days to process.
Q: Can I use multiple currencies for deposits?
A: Yes, Caxton supports various currencies, including GBP, EUR, and USD.
Q: What should I do if my deposit fails?
A: Check the details for accuracy, ensure sufficient funds, and contact customer support for assistance.
Q: Are there fees associated with deposits?
A: Fees may vary depending on the deposit method used; credit/debit card transactions may incur small fees, while bank transfers are often free.
This guide is designed to provide a comprehensive overview of the deposit requirements, methods, and processes associated with Caxton, ensuring that both new and experienced users can navigate their deposit options effectively. For the most accurate and up-to-date information, always refer to the official Caxton website.