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TradeZero minimum deposit

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
3w ago
Personally tested
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Independent

Does TradeZero have a minimum deposit requirement?

Are you looking to open an account at TradeZero, but have only limited funds to invest? Wondering whether TradeZero requires a minimum deposit to start trading?

TradeZero requires a minimum deposit of $250 before you can start trading. While many brokers require no such minimum, this amount is still considered acceptable.

TradeZero requires a minimum deposit but it's not excessive
Krisztián
Krisztián Gátonyi
Forex • Market Analysis • Stock Market

Together with my brokerage analyst colleagues, I have thoroughly tested the services of TradeZero by opening a real-money account. Here's what you need to know about depositing at TradeZero as of December 2024:

  • The minimum deposit at TradeZero is $250 - not the best but shouldn't be a dealbreaker.
  • You can choose from multiple base currencies.
  • You can only deposit your funds via bank transfer but there's no deposit fee.
  • Depositing money at TradeZero is an easy process.

  • Check our Compare Broker tool to see how TradeZero fares against other brokers.

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Overall score
4/5
Minimum deposit
$250
Stock fee
Low
Options fee
Low
Inactivity fee
no
Account opening
1 day
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All you need to know about deposit requirements at TradeZero

Once you have decided to open an account at TradeZero and completed both the registration and verification process, you need to fund your account to be able to begin trading.

At TradeZero, the required minimum deposit is $250. This means that you have to put at least $250 in your broker account to be able to start trading.

Is that more than you're willing to commit at this point? See if you can start trading with less at other brokers.

This is where you stand in your journey to your first trade at TradeZero

So what if you made a deposit but decide later that you want to switch brokers and invest your money elsewhere? No worries - you can always opt out and withdraw your funds. All you need to keep in mind are applicable withdrawal fees and withdrawal times.

At TradeZero, there's a withdrawal fee of $15 and it usually takes >3 days to receive your funds; though sometimes withdrawal might take a bit longer, depending on the method you use.

What base currencies are available at TradeZero?

At TradeZero, the only available currency is USD. If possible, try to deposit money to your brokerage account in USD.

Why is that important? If you fund your trading account in the same currency as your bank account, you won't have to pay a conversion fee. Conversion fees apply if the bank account or card you're using for depositing is denominated in a different currency than your brokerage account.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.

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Deposit options at TradeZero: what's available and what does it cost?

At TradeZero, the only available option to deposit money to your account is via bank transfer.

Broker
Bank transfer
TradeZero
Interactive Brokers
tastytrade
Deposit options at TradeZero and selected competitors

TradeZero charges a deposit fee of $15 for bank transfers. This means that this fee will be deducted from your deposit, plus you will also have to calculate with any costs charged by the bank or other third-party financial service you send the money with.

There is also a difference in typical transfer times for various deposit methods. Credit/debit card and e-wallet transfers are usually instant, but bank transfers may take 2-3 business days to arrive.

Imagine you're closely monitoring financial markets and spot a good trading opportunity you want to act upon right away. But what if there's not enough money in your broker account? In such cases, instant deposit methods like debit/credit card or electronic wallet transfers can come in handy. These can help you replenish your broker account immediately and react to market movements quickly and effectively. If this is important to you, consider opening an account with a broker that accepts instant deposit methods such as cards or e-wallets.

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It's easy to deposit money to your TradeZero account

Making an initial deposit to your brokerage account can sound like a difficult task, but actually it's fairly easy. Just follow our step-by-step guide for depositing money and shortly you'll be ready to start trading:

  • Log in to TradeZero's client area
  • Look for the 'Deposit' or 'Funding' menu
  • Choose your funding method
  • Enter the amount to be deposited and other necessary details for the transaction
  • Double-check if payment details are correct
  • If all looks OK, click to submit your deposit request
This is how the deposit interface looks like at TradeZero

If you get stuck during the process, you can always reach out to TradeZero's customer support. At TradeZero, customer support can be reached via live chat, phone and email. Alternatively, you can drop a message on our Forum.

Visit broker

Overall score
4/5
Minimum deposit
$250
Stock fee
Low
Options fee
Low
Inactivity fee
no
Account opening
1 day
Want to unlock your perfect broker match?
Sign up to receive and save your personalized broker recommendations!

Get to know TradeZero and its best alternatives

For comprehensive insights into trading conditions, costs and overall service quality at TradeZero, turn to BrokerChooser's TradeZero review for 2025. Our analysis is based on nearly 600 individual data points as well as first-hand experience. We analyze brokers by opening a live account and executing trades on their platforms using real money, which helps us understand and evaluate the full spectrum of their services.

If you want to explore the best alternatives for TradeZero in your country, head over to our Compare Broker tool, where you can compare brokers by filtering for various criteria including minimum deposits, fees, tradable products and more.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
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