Number of new users
--
The proportion of funding
6 months
Goldwell Capital requires a minimum deposit of $200 USD to open a live trading account. This amount is equivalent to approximately R3200 ZAR at current exchange rates. The minimum deposit is particularly significant for traders looking to engage in Forex and CFD trading through this broker.
Goldwell Capital primarily offers a standard account type, which mandates the same minimum deposit of $200 USD. Unlike some brokers that provide tiered account types with varying minimum deposits, Goldwell Capital simplifies this aspect by maintaining a consistent requirement across its offerings.
While Goldwell Capital primarily operates under the Cambodian regulatory framework, traders from regions like South Africa can deposit in ZAR, although the conversion fees may apply.
Goldwell Capitals minimum deposit of $200 USD is competitive when compared to many brokers that require upwards of $500 to open an account. This lower threshold can be particularly appealing to novice traders seeking to minimize initial investment risks.
Goldwell Capital currently offers one primary deposit method: bank transfers. This method is considered secure and reliable, but it does come with its own set of advantages and disadvantages.
Goldwell Capital accepts deposits in USD, GBP, and EUR, which allows traders from various regions to fund their accounts without significant currency conversion issues. However, the primary currency for deposits remains USD.
Given the current options, bank transfers are the only available method. Traders should ensure they‘re aware of their bank’s policies regarding international transfers to avoid unexpected fees or delays.
To deposit funds into your Goldwell Capital trading account, follow these steps:
Currently, Goldwell Capital does not offer a dedicated mobile app for deposits. Users must utilize the website for all transactions.
For bank transfers:
Once the deposit is successfully processed, funds typically appear in your Goldwell Capital account within 24-72 hours, depending on the bank's processing speed.
Q1: What is the minimum deposit required to open an account with Goldwell Capital?
A1: The minimum deposit required is $200 USD.
Q2: How can I deposit money into my Goldwell Capital account?
A2: Currently, the only deposit method available is bank transfer.
Q3: Are there any fees associated with deposits?
A3: Goldwell Capital does not charge any fees for deposits, but your bank may impose its own fees.
Q4: How long does it take for deposits to be credited to my account?
A4: Deposits are typically credited within 24-72 hours after the transfer is initiated.
Q5: Can I deposit in a currency other than USD?
A5: While USD is the primary currency, Goldwell Capital accepts deposits in GBP and EUR, but currency conversion fees may apply.
This comprehensive guide provides an overview of Goldwell Capital's deposit requirements, methods, and processes. It is essential to stay informed about any changes or updates on the platform, especially as regulations and available features evolve in the financial trading landscape.