Aurum Markets
Basic Information
Pros and Cons
Pros
- Low minimum deposit of $10
- No deposit or withdrawal fees
- Instant processing for e-wallet deposits
- Supports multiple deposit methods
- Quick fund withdrawals via e-wallets
Cons
- No cryptocurrency deposits accepted
- Bank transfer withdrawals may take longer
- Limited withdrawal options compared to other brokers
- Processing times vary by method
- Potential verification delays for larger withdrawals
Aurum Markets Minimum Deposit
What Is Minimum Deposit of Aurum Markets?
To activate a live account with Aurum Markets, the minimum deposit required is $10. This amount is applicable for standard and cent accounts, making it accessible for beginner traders. However, the minimum deposit may vary based on account types, such as the ultra account requiring $200 and the ecn elite account needing $500. Therefore, it’s essential to consider the specific requirements of each account type before making a deposit.
Does Aurum Markets Provide Deposit Bonus?
Aurum Markets does not consistently offer deposit bonuses. While some promotions may be available, these can vary by account type or region, and may require certain conditions like a minimum trading volume or withdrawal limits. For the most accurate and current information, it’s advisable to check the official promotions page or contact customer support directly.
Deposit and Withdrawal Methods
Aurum Markets Deposit and Withdrawal
| Method | Currency | Fees | Processing Time |
|---|---|---|---|
| Bank Transfer | USD, AED | Free | 1 business day |
| Credit Card | USD, INR | Free | Instant |
| E-wallet (Skrill, Neteller) | USD, EUR, GBP | Free | Instant |
Does Aurum Markets Charge Deposit Fees?
Aurum Markets does not charge deposit fees. All deposit methods are free of charge. This user-friendly approach enhances the trading experience, making it accessible for all traders without incurring additional costs.
Does Aurum Markets Support Cryptos to Deposit?
Aurum Markets does not support cryptocurrency deposits. Only fiat currency deposits are accepted; cryptocurrencies are not accepted. This focus on traditional payment methods may limit options for those looking to utilize digital assets.
How to Deposit from Aurum Markets?
1. Log into your Aurum Markets account by entering your username and password on the broker’s website. Once logged in, navigate to the ‘Deposit’ section of your account dashboard.
2. Choose your preferred deposit method from the available options, including Bank Transfer, Credit Card, or E-wallet services like Skrill and Neteller. Each method will be listed with its respective details.
3. Enter the amount you wish to deposit. Ensure that the amount meets the minimum deposit requirement based on your account type (e.g., $10 for standard and cent accounts).
4. Review the deposit details, including the chosen method, amount, and any applicable terms. Confirm that all information is correct, then click on the ‘Confirm’ button to proceed.
5. Complete any additional steps required for your selected deposit method. For instance, if using a credit card, you may need to enter your card details, or if using an e-wallet, you might be redirected to log into your e-wallet account.
6. After confirming your transaction, wait for the processing time to complete. Most deposits are credited instantly, while bank transfers may take up to 1 business day. You should receive a notification once your deposit is successful.
How to Withdraw from Aurum Markets?
Withdrawal Steps
1. Log into your Aurum Markets account by entering your username and password on the broker’s website. Once logged in, navigate to the ‘Fund’ or ‘Wallet’ section and select ‘Withdraw’. 2. Choose your preferred withdrawal method from the available options, such as Bank Transfer, Credit Card, or E-wallet services. 3. Enter the required details for the selected method, including account number, IBAN, wallet address, or card digits as necessary. 4. Set the amount you wish to withdraw, ensuring you adhere to any minimum or maximum limits and take note of any applicable fees. 5. Review the withdrawal request, confirming all entered information is accurate, then submit the request. 6. Await possible verification, particularly for larger withdrawal amounts, as this may be necessary before processing. 7. Track the status of your withdrawal and receive your funds; for e-wallets, this typically takes instant to 24 hours, while bank transfers may take 1 to 5 days.
Withdrawal Limit and Problems
Aurum Markets has specific limits on withdrawals that can vary based on the method used and account tier. Users may encounter daily, monthly, or per-transaction limits that are important to consider when planning a withdrawal. Common issues include pending verification, entering incorrect details, exceeding withdrawal limits, and potential delays due to maintenance. To avoid complications, it is advisable to complete the KYC process, double-check recipient information, and contact support if any issues arise during the withdrawal process.
Frequently Asked Questions
A1: To activate a live account with Aurum Markets, the minimum deposit required is $10 for standard and cent accounts. However, for the ultra account, the minimum deposit is $200, and for the ECN elite account, it is $500. It’s important to consider the specific requirements of each account type before making a deposit.
A2: Aurum Markets offers several deposit methods, including Bank Transfer, Credit Card, and E-wallet services like Skrill and Neteller. All deposit methods are free of charge, and processing times vary, with e-wallet deposits being instant and bank transfers taking up to 1 business day.
A3: Aurum Markets provides various withdrawal methods, including Bank Transfer, Credit Card, and E-wallet services. Users can choose their preferred method and must adhere to any applicable limits and requirements. Withdrawal processing times can vary, with e-wallets typically being instant to 24 hours and bank transfers taking 1 to 5 days.
A4: Yes, Aurum Markets offers demo accounts for users to practice trading without financial risk. The demo accounts allow traders to familiarize themselves with the trading platform and strategies before committing real funds. This feature is beneficial for both beginners and experienced traders looking to test new strategies.
A5: Aurum Markets does not charge any deposit fees for any of its deposit methods. This user-friendly approach enhances the trading experience, allowing traders to deposit funds without incurring additional costs.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.