Number of new users
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The proportion of funding
6 months
When considering trading with TMS Brokers, understanding the minimum deposit requirements is crucial. The TMS minimum deposit amount is set at $1,000 for the standard trading account. This requirement ensures that traders have sufficient capital to engage in the markets effectively.
TMS Brokers offers two primary account types:
The higher minimum deposit for the platinum account provides access to increased leverage and additional features, catering to more experienced traders.
While the minimum deposit is consistent across regions, potential traders should be aware of local regulations and currency conversion fees that may apply when depositing.
Compared to competitors like IC Markets ($200), Roboforex ($10), and XM ($5), TMS Brokers stands out with its higher minimum deposit requirement, which may deter some potential traders.
TMS Brokers supports various deposit methods to accommodate traders' preferences. The following methods are available:
TMS Brokers accepts deposits in EUR, USD, and PLN. Traders should be mindful of potential currency conversion fees if depositing in a different currency.
For speed and convenience, credit/debit cards and e-wallets are recommended for deposits due to their instant processing times and lack of fees.
To deposit funds into your TMS Brokers account, follow these steps:
If applicable, the mobile app will have a similar process:
Once a deposit is completed, funds are typically credited to your trading account instantly for credit/debit card and e-wallet transactions, while bank transfers may take up to 3 business days.
Q: What is the minimum deposit for TMS Brokers?
A: The TMS minimum deposit is $1,000 for the standard account.
Q: What deposit methods are available?
A: TMS Brokers offers bank transfers, credit/debit cards, and e-wallets like Trustly.
Q: How long does it take for deposits to process?
A: Credit/debit card and e-wallet deposits are typically instant, while bank transfers can take 1-3 business days.
Q: Are there any fees for deposits?
A: TMS Brokers does not charge deposit fees, but third-party fees may apply, especially for bank transfers.
Q: Can I deposit in currencies other than EUR or USD?
A: TMS Brokers primarily accepts deposits in EUR, USD, and PLN, and currency conversion fees may apply for other currencies.
This comprehensive guide provides essential insights into the TMS deposit requirements, methods, and processes. Always refer to the official TMS Brokers website for the latest updates and detailed information.