WikiFX

Sagot

From my own experience navigating the account opening process with Victory Securities, I found their minimum deposit policy rather flexible. There is no explicit minimum deposit required for standard accounts. I was able to initiate my live trading account simply by completing the application, and I could fund it via bank transfer when ready, without facing a mandated minimum sum. This offers a level of approachability not always present with brokers, particularly those licensed in developed financial centers like Hong Kong. However, while there isn’t a stated minimum upfront, it’s essential to account for practical trading considerations such as minimum commission charges and regional trade settlement fees. For instance, each market has minimum commission thresholds (e.g., HKD 100 for Hong Kong stocks), so funding my account with too small an amount could leave me unable to make meaningful trades. The absence of a strict minimum deposit does make starting out accessible, but personally, I consider the local minimum commission and fees when assessing the amount to deposit to avoid issues with inactive balances or rejected trade orders. As always, I recommend verifying with the broker before proceeding, and only depositing amounts you are comfortable starting with.