Question: What deposit methods are available with GBE brokers? What is the conditions?
There are basically four different deposit methods provided by GBE brokers, which are:
- Bank Wire Transfer
- Credit/Debit Card
- Neteller
- Skrill
GBE brokers requires $1,000 as the minimum required deposit method for two of their account types(traditional spread account and raw spread account)
Bank Wire Transfer
There are three partnered banks of GBE brokers where you can make a deposit into.
- Wirecard Bank Germany
- Sutor Bank Germany
- Bank of Cyprus
In case of bank wire transfer, you can choose one of them to make a deposit into.
If you have your bank account outside of Germany or Cyprus, you will need to transfer internationally or choose other deposit methods.
Some basic conditions of bank wire transfer are as follows:
- Minimum Deposit Amount – $1,000
- Maximum Deposit limitation – Unlimited
- Deposit commissions – From 0 to about $30(depending on the country where you have your bank account)
- Withdrawal commissions – 0.15%(with a minimum of 15 EUR, 20 USD or 20CHF)
- Available Deposit Currencies – EUR, USD and CHF(USD is not available for Wirecard Bank Germany)
- Funding Time – about 2 – 5 working days
Credit/Debit Card Deposit
Credit/Debit card deposit is one of the most popular transfer method as the process is instantly and there is no fees for deposit usually.
GBE brokers only accepts VISA or Mastercard for card deposit.
The main conditions of credit/debit card deposit are as follows:
- Minimum Deposit Amount – $1,000
- Maximum Deposit Amount – $2,500
- Deposit commissions – 2.5%(with a minimum of 15 EUR, 20 USD or 20CHF)
- Funding Time – within 24 hours
- Available Deposit Currencies – Any currencies
Please note that card withdrawal is temporary unavailable now with GBE brokers.
In case of credit/debit card deposit, you can deposit in any type of currencies as GBE brokers will automatically convert the amount into the account base currency of yours.
The exchange rate in this case is not necessarily the same rate as the ones in GBE brokers MT4.
Neteller and Skrill
Neteller and Skrill are two different online payment providers though, as these companies have gone through acquisition and now offering similar services in both of them.
To deposit via Neteller or Skrill, you will need to have Neteller or Skrill account by yourself.
Both of them are popular payment method in the world, as you can transfer money internationally and instantly.
Some main conditions of the Neteller/Skrill Deposits are as follows:
- Minimum Required Deposit Amount – $1,000
- Maximum Deposit Amount Available – $10,000
- Deposit Commissions – 3.6% for Neteller & 2.9% for Skrill
- Funding Time – Instantly or within 24 hours
- Withdrawal Fees – 1% for both of them(with a minimum of 15 EUR, 20 USD or 20CHF)
One Deposit is necessary process for account opening
In order to open your account and get the login credentials of your account, you will need to verify your account with required documents and make a minimum deposit of $1,000 to GBE brokers.
Then GBE brokers will provide you with the login credentials and you are able to start trading.
GBE brokers offers you real benefits with high quality execution where even positive slippage is unlimited and no trading restrictions.
Not the superficial bonus promotions but the real profits with executions are important at the end.