Before you deposit
- Complete the broker's identity verification first.
- Check the account currency (usually USD) and the conversion rate you will get.
- Read the broker's withdrawal policy: many brokers return funds to the method you deposited with.
Common deposit methods
| Method | What to check |
|---|---|
| Bank transfer | Bank charges, intermediary fees, processing time |
| Debit or credit card | Whether your card allows international payments; conversion fees |
| E-wallets | Fees to fund the wallet and to withdraw to your bank |
| Mobile money (M-Pesa, Airtel Money, Mixx by Yas) | Whether the broker supports it directly or through a payment agent; limits and fees |
Availability varies by broker and changes over time. Check each broker's current payment page.
Withdrawals
- Withdraw a small amount first to test the process.
- Expect identity checks before the first withdrawal.
- Note the processing time and any fees.
Warning signs
- Being asked to pay a "fee" or "tax" before you can withdraw.
- Payments to personal mobile money numbers that are not an official channel.
- Bonuses with conditions that block withdrawals.