How to make the initial deposit
After you register on the broker's website, there are many deposit options to choose from. Of course you can use a credit/debit card or a bank transfer. If you want to use your bank card, check that it supports online transactions by calling your bank to find out.
It is very easy to deposit using your card, Moneybookers alternatively, Neteller. you can send money via bank transfer. To deposit with a bank transfer, register on the website. Choose the Fast Bank transfer option nebo Deposit.
You can make deposits using prepaid coupons Ukash which, you can buy in many places such as gas stations, grocery stores and news-stands, for cash.
It is very likely that whatever currency you want to deposit your money in, the broker will offer you an account in another (e.g. USD or EUR) If this is the case, there’s nothing to worry about. Whether you’re depositing or withdrawing—currency conversion is always automaic and free.
How to deposit money via credit/debit card Recommended deposit method
A credit or a debit card is an easy way to deposit money, and it is processed immediately
In order to deposit with your card, the card must have the online-transactions option enabled. Some cards have online transactions turned off by default, so it is advisable to ask your bank if you can use your card to pay online. If you have tried to deposit with your card and failed, contact your bank. Some banks will activate this feature on request, others allow you to do it yourself via internet banking.
If you really can’t use your card online or you don’t want to enter your card details over the internet, you can use one of the options listed below.
How to deposit money via wire transfer Recommended deposit method
All brokers offer the option of depositing via bank transfer. As a rule, there are two options - the broker’s bank account will either be in your country or abroad. Bank transfer options are often listed by brokers in the following way: "Wire Transfer" and "Fast Bank Transfer". Whenever you see the "Fast Bank Transfer" option, you use it because they have local bank accounts in most countries around the world - so it is easier and cheaper to use
If the broker only has a foreign bank account, you will have to send an international bank transfer, for which there is usually an associated fee, and it takes several days. In this case, it is better to make the deposit by credit card. However, if you really want to send a bank transfer, you can do it through internet banking or at the nearest branch of your bank.
How to deposit money via Skrill
Skrill Moneybookers is an online wallet very similar to PayPal. You can use it to access your money online anywhere in the world. It’s very easy to use - you can deposit Money to your Skrill account with a regular bank transfer. When you have money in your Skrill account, you can simply make a deposit, pay online or send money to an individual. You don't need a credit/debit card to use it, and your payments are always processed immediately.
Check out this walkthrough on how to create a Skrill account and how to make a deposit
How to deposit money via Neteller
Neteller is an online wallet that allows you to pay swiftly and securely online. It works like PayPal and Skrill (to deposit, you can use Skrill or Neteller, PayPal is not supported). Neteller, which was founded in 1999, holds a banking license. You can set up an account with Neteller for free and there are no bank charges.
Check out this walkthrough on how to create a Neteller account and how to make a deposit
How to deposit money via Ukash
Ukash is a system of prepaid coupons. If you prefer to pay by cash rather than credit card, you can deposit via Ukash. It is very easy. In most countries the coupons are sold in grocery stores, newsstands and gas stations.
Check out the Ukash website to find a selling point closest to you. When you get to the selling point, you can buy a coupon for cash (€200 or €500, coupons with lower values cannot be used for trading). There is a 19-digit PIN code printed on the coupon. Keep this code. You will need it to make your deposit. Register on the broker's website and choose Ukash as your deposit option, then enter your PIN code into the relevant box. The money will immediately be credited to your account. The service is free and is licensed by national banks in all European countries.
My method cannot be used everywhere. Most banks and traders do not know what this method is about. And even when they do know about it, they would never, under any conditions, provide it to ordinary people. That's why it's very important to choose a reliable licensed broker who will allow you to make money. These are my two favourite brokers. Register with one of them - or even both of them. They both offer advice, video tutorials and a personal adviser - absolutely free.