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Sam35
Within 1 year

Is it possible to deposit funds into my S Broker account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
S Broker
Withdrawal
Deposit
04-20
United States
WikiFX
Reply

Based on my personal experience navigating S Broker and carefully reviewing their account funding options, I have not come across any support for cryptocurrency deposits such as Bitcoin or USDT. S Broker primarily positions itself as a securities broker focused on stocks, funds, ETFs, CFDs, bonds, and indexes, but does not offer access to Forex, cryptocurrencies, commodities, or options. Their platform utilizes a proprietary mobile app, and while they are relatively established in Germany, their lack of a valid regulatory license makes me extremely cautious about entrusting them with funds, especially via non-traditional methods. From my knowledge and the information available, S Broker does not indicate acceptance of cryptocurrency as a funding option; moreover, established financial practices in Germany rarely support crypto deposits for licensed brokers, let alone for one currently operating without recognized regulatory oversight. My approach with any broker—particularly one that's unregulated—is to avoid methods like crypto that offer little recourse in case of dispute or error. For me, safeguarding capital means sticking with traditional, transparent bank funding channels. I would advise anyone considering S Broker to clarify all funding policies directly with their customer service before depositing, and to remain especially cautious when a broker is not regulated or explicit about their accepted payment methods.

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