We will thoroughly explain how to deposit funds into your account, the time it takes for funds to be reflected, fees, and points to note when withdrawing funds when trading FX with iForex. We will explain the characteristics and procedures of the six types of deposit methods available at iForex in detail. We will introduce the methods on the actual screen, so even beginners will find it easy to understand how to operate the system.
- iFOREX Deposit Methods Overview
- Detailed Explanation of Deposit Methods
- iFOREX Deposit Fees and Minimum Deposit Amount
- Important Points to Note When Applying for a Deposit
- ✅ ① Be sure to complete KYC (Know Your Customer)
- ✅ ② The name must be in the account holder’s name.
- ✅ ③ The deposit and withdrawal methods are generally the same.
- ✅ ④ Check the minimum deposit amount
- ✅ ⑤ Enter the remittance information accurately for bank transfers.
- ✅ ⑥ Pay attention to exchange rates and currency conversions.
- ✅ ⑦ Check the bonus terms
- ✅ ⑧ Check after deposit
- FAQ
iFOREX Deposit Methods Overview
The main deposit methods available for iFOREX are “online payment,” “bank transfer,” and “credit card.” An overview is provided below.
① Credit/Debit Card
Supported Brands: VISA, Mastercard, etc.
Acceptance Time: Instant to Minutes
Features: Easiest and Fastest
👉 Ideal for those who want to start trading right away.
② Bank Transfer
Transfers accepted from domestic banks
Acceptance Time: Usually 1-3 business days
Features: Easy to deposit large amounts
👉 Ideal for those who don’t want to use a card or for large deposits.
③ Online Wallet
Supported by Skrill, etc. (May vary depending on the time of year)
Acceptance Time: Relatively Fast
Features: No need to manually enter card information
👉 Ideal for those who prioritize security.
🔹 Points to Remember When Depositing
Minimum Deposit Amount: Varies depending on campaign and account type
Handling Fees: Generally free from iFOREX (bank fees may be borne by the customer)
KYC (Know Your Customer) verification required
🔹 Important Notes
Withdrawals must often be made using the same method as the deposit.
Credit card deposits may be subject to certain withdrawal restrictions.
Conditions apply to campaign bonuses.
Detailed Explanation of Deposit Methods
Below is a detailed explanation of each of iFOREX’s main deposit methods, including procedures, deposit times, benefits, and points to note (including information for Japan).
1) Credit/Debit Card (VISA, Mastercard, JCB, AmEx, etc.)
Overview
Deposit Time: The biggest benefit is immediate deposit to your account.
Fee: Free (card company fees are subject to card company regulations).
Minimum Deposit Amount: Approximately $100 (approximately ¥10,000) or more.
Deposit Procedure
From My Page, select “Deposit Funds” → “Credit/Debit Card.”
Enter the desired deposit amount, card number, expiration date, and CVV code.
Deposit confirmed → Immediate deposit.
Advantages
The process is simple and fast.
Notes
Withdrawals may be refunded to the card used for deposit (withdrawals are returned to the card).
Some cards may not be accepted due to card brands or international regulations.
2) bitwallet (Online Wallet)
Overview
bitwallet is an online payment service.
Deposit Time: Approximately one business day (may take longer due to manual processing).
Fee: Free (bitwallet transfer fees are borne by the user).
Minimum Deposit Amount: Approximately $100.
Deposit Procedure
Open and log in to a bitwallet account.
Deposit funds into bitwallet.
Transfer funds to your designated iFOREX business account. *Be sure to include your iFOREX account number in the “Message” field.
Advantages
Easier to deposit larger amounts than with a credit card.
Deposits can be made in fiat currency, ensuring secure payments rather than cryptocurrency.
Notes
Deposits may take some time to be reflected (deposits from bitwallet to iFOREX are reflected manually).
3) Sticpay (Electronic Payment Service)
Overview
Sticpay is a type of online wallet and offers users a variety of deposit options.
Deposit Time: Approximately one business day.
Fees: Free.
Minimum Deposit Amount: Starting from approximately $100.
Advantages
Like bitwallet, the process is completed online and easy to use on your smartphone.
Notes
Requires opening a Sticpay account and identity verification.
4) Bank Transfer (International Wire Transfer)
Overview
Deposit via bank transfer.
Deposit Time: Approximately one to several business days (subject to bank processing and intermediary bank time).
Fees: Free on iFOREX’s side, but fees may be charged by the sending bank or intermediary bank.
Minimum Deposit Amount: Starting from approximately $100.
Deposit Procedure
Select “International Bank/Wire Transfer” on the iFOREX deposit screen.
Use the displayed receiving bank information to send the funds.
After the transfer, send your bank statement and screenshots to support.
Advantages
Suitable for large deposits.
Caution
Deposits can take a long time.
Please be sure to enter the transfer information exactly as instructed, as any transfer errors may result in the deposit not being posted.
5) Cryptocurrency (BTC/ETH/USDT, etc.)
Overview
Some sites reportedly support cryptocurrency deposits.
Posting time: Up to one business day.
Fees: Free, but cryptocurrency network fees apply.
Advantages
Convenient for those who hold cryptocurrency.
Caution
Supported cryptocurrencies and procedures are subject to change, so please check the official website for the latest information.
6) Apple Pay
Overview
Payments can be made using Apple Pay on your iPhone or Apple Watch.
Posting time: Up to one business day.
Fees: Free (no Apple Pay transaction fees).
Advantages
Easily complete payments using your smartphone.
📌 Common Points When Depositing
The minimum deposit amount for all methods is generally around $100 (approximately ¥10,000).
While iFOREX generally charges no fees, fees charged by each payment method or bank may apply separately.
Deposits tend to be reflected fastest in the following order: credit card, online wallet, bank transfer.
iFOREX Deposit Fees and Minimum Deposit Amount
iFOREX’s deposit fees and minimum deposit amounts are summarized below, based on official information and multiple review sites:
💰 Deposit Fees (iFOREX)
📌 Deposit fees are generally free
Most deposit methods, including credit cards, bitwallet, Sticpay, cryptocurrencies, and Apple Pay, do not incur fees on the iFOREX side.
✔ Important Notes
For bank transfers, even if there is no fee on the iFOREX side, fees may be charged by the sending bank or intermediary bank (bank transfer fees are borne by the user).
📉 Minimum Deposit Amount
📌 The minimum deposit amount for all deposit methods is $100 (approx. ¥10,000).
Credit Card Deposit: Minimum $100 (approx. ¥10,000).
bitwallet, Sticpay, Bank Wire, Cryptocurrency, Apple Pay: Minimum $100 (approx. ¥10,000).
👉 In other words, whether you deposit by credit card or bank wire, you must deposit at least ¥10,000.
📌 Additional Points
🔹 The minimum deposit amount also applies to additional deposits after account opening.
Not only initial deposits, but additional deposits below the minimum $100 are not accepted.
🔹 Actual Cost of Bank Transfers
Even if the iFOREX service charges no fees, please note that transfer fees and intermediary bank fees may apply when transferring funds from a domestic bank.
Important Points to Note When Applying for a Deposit
Here are some points to note when applying for a deposit with iFOREX to prevent any issues.
✅ ① Be sure to complete KYC (Know Your Customer)
Even if you are able to deposit funds, withdrawals may not be possible if identity verification is not completed.
Required Documents:
Identification (driver’s license, passport, etc.)
Address Verification (utility bill, etc.)
👉 It is safest to complete KYC before depositing funds.
✅ ② The name must be in the account holder’s name.
Credit cards, bank accounts, and online wallets must match the account name.
Family members and corporations are generally not accepted.
❗ Name mismatches may result in deposit refusal or account freezing.
✅ ③ The deposit and withdrawal methods are generally the same.
Deposits by credit card → Withdrawals are first refunded to the card.
Deposits by online wallet → Withdrawals to the same wallet.
👉 Due to anti-money laundering rules, changes are often not possible.
✅ ④ Check the minimum deposit amount
The minimum deposit amount is generally $100 (approximately ¥10,000) or more.
Deposits under $100 may not be reflected.
✅ ⑤ Enter the remittance information accurately for bank transfers.
Be sure to include your account number, SWIFT code, and trading account number in the remittance message field.
Incomplete information can cause delays in the funds’ reflection.
✅ ⑥ Pay attention to exchange rates and currency conversions.
When depositing funds into a dollar account using a yen-denominated card, the conversion is performed at the card company’s exchange rate.
The reflected amount may be slightly less than expected.
✅ ⑦ Check the bonus terms
When a deposit bonus is offered, there are often withdrawal conditions (trading volume requirements).
In some cases, receiving the bonus means you cannot immediately withdraw the funds.
👉 It’s important to check beforehand whether you want to use the bonus.
✅ ⑧ Check after deposit
Check the reflection on your My Page.
If the reflection is not reflected, submit your payment statement to support.
FAQ
Q1. What is the minimum deposit amount?
👉 The minimum is $100 (approximately ¥10,000).
This applies to both initial and additional deposits.
Q2. Are there any deposit fees?
👉 iFOREX generally charges no fees.
However, you may be responsible for the following:
Bank transfer fees
Cryptocurrency network fees
Card company exchange fees
You may be responsible for these fees.
Q3. How long does it take for a deposit to be reflected?
Card: Instant
Online Wallet: A few hours to one business day
Bank Transfer: One to three business days
May be delayed on weekends and holidays.
Q4. Can I deposit using a family member’s card?
👉 No.
The card must be in the same name as the account.
Q5. I made a deposit but it hasn’t been reflected. What should I do?
✔ Things to check first:
Has the payment been completed?
Has the minimum deposit amount been met?
Is the account name correct?
If the transaction is still not reflected, contact support with a copy of your transaction details.
Q6. Can I withdraw funds using a method other than the one used for depositing?
👉 In principle, withdrawals will be made to the same method used for depositing.
(Due to anti-money laundering regulations)
Q7. Are there any deposit bonuses?
Yes, during campaign periods.
However, please note that withdrawals often have volume requirements.
Q8. Can I deposit in yen?
Yes, you can.
However, if you have a dollar account, the yen will be automatically converted based on the exchange rate.
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