Finpari is one of the binary options brokers out there that delivers timeless quality with its service and a low minimum deposit. Finpari is one of the most reliable and secure brokers for traders all over the world, with quick withdrawals and support for US traders.
One of the factors affecting a trader’s decision to work with a certain broker is the minimum deposit amount. Some brokers require this to be very high indeed, and some of them are extremely low. Finpari, which is a decently aged company (started in 2013) has a pretty great minimum deposit amount required as well!
Finpari offers some of the best first deposit bonuses. Check it out here.
From this amount to the amount required for the smallest trades on the platform, the Finpari broker is definitely one of the best out there. Let’s learn more about the viability of their minimum deposit in the review below.
By The Numbers – The Amount
For a trader, the numbers are the most important thing to think about. The industry average for a minimum deposit to open an account with a broker is typically about $200 to $300. If the broker is a really high-end one, this amount is increased to about $500 or more. When looking to trade, a lower amount is always better.
Finpari has a minimum required deposit amount of $250, which is right in keeping with the average for the industry.
Sure, it might not be the lowest in the world, but it is low enough to be a worthwhile initial investment in the broker, especially when you consider the account bonuses that will be talked about later.
When you do sign up with Finpari, the sign up process is quick and easy, and you only need to provide a few personal details. Funding the account can be done later with the minimum deposit opening a Bronze Account for you, which provides more bonuses.
Possible Bonuses That Can Apply
There are many different bonuses offered by Finpari based on the type of account that you open with them. When you make the minimum deposit amount of $250, you get a Bronze Account. With a Gold account, you can get a bonus of up to 100% of the deposit amount when you sign up. For the Bronze account, you are guaranteed a signup bonus of 20% of the deposit amount. This means that if you fund your account with the minimum deposit, you can count on a $50 bonus right off the bat.
While $300 to start off with may not seem like a lot, you need to think about the size of the trades that are offered by this platform. Each trade has a minimum investment amount of $1, meaning you can potentially make 300 trades with your minimum deposit alone. This gives you 300 chances to strike it lucky and make money exponentially.
Who Can Take Advantage Of This?
Finpari is a broker that has taken its services global. There are no restrictions when it comes to who can invest the minimum deposit amount with them. Traders from the US and outside the US are welcomed equally.
How to Deposit the Minimum Amount
After signing up for an account, you are prompted to fund it. When you think about the methods by which this can be done, there are many. For example, you can do it the classic way with a bank wire transfer, but you can also fund your trading account on Finpari with Visa or Mastercard credit and debit cards.
Some traders prefer to use an online banking and payment facility. Finpari supports most of the major online payment methods, including WebMoney, Qiwi, Neteller and PayPal. Among these four, most of the world is covered. No matter what country you are in, the minimum deposit with Finpari will be pretty easy to make. Remember, all your withdrawals can be taken using the same methods too!
A great feature is that all of the deposits you make into the account are highly secure and are kept under insurance in a bank account with the highest level of protection for your funds that is available.
While it isn’t the lowest minimum deposit on the market, this broker offers bonuses and perks like no other. Be sure to check out the detailed Finpari review before you trade, and make sure you take advantage of all the bonuses!