Minimum Deposit and Fee Structure on the Nyxarion Tundravorn Platform
Account Tiers and Initial Deposit Requirements
The Nyxarion Tundravorn platform structures its entry points based on account type. The Standard account requires a minimum deposit of $50. For traders seeking tighter spreads and priority support, the Pro account demands a $500 initial deposit. The VIP tier, offering dedicated account managers and raw spreads, starts at $5,000. These thresholds are fixed and non-negotiable, designed to match capital with available leverage and risk management tools.
Funding Methods and Processing Times
Deposits via bank wire typically clear within 1–3 business days. Credit and debit card deposits are instant but capped at $10,000 per transaction. Cryptocurrency deposits (BTC, ETH, USDT) are processed after 2 blockchain confirmations, usually within 15–30 minutes. No fees are charged by the platform for deposits, though third-party payment processors may impose their own charges.
Fee Structure: Spreads and Commissions
The fee model differs by account type. Standard account holders pay no direct commission; instead, the platform applies a markup of 1.5–2 pips on major currency pairs. Pro accounts incur a commission of $3.50 per standard lot (round turn) with spreads starting from 0.1 pips. VIP accounts enjoy spreads from 0.0 pips with a commission of $2.00 per standard lot. These rates are fixed for all tradable instruments, including indices and commodities.
Overnight Financing and Swap Rates
Positions held past 17:00 EST are subject to swap points based on interbank rates plus a 0.5% annualized fee. Triple swaps apply on Wednesday nights. The platform publishes daily swap tables for all pairs. Traders using Islamic accounts (swap-free) must close positions within 24 hours to avoid administrative charges.
Withdrawal Fees and Inactivity Charges
Withdrawals are free for the first two requests per month on all account types. Subsequent withdrawals incur a $5 fee. Bank wire withdrawals cost $15 per transfer, covering intermediary bank charges. Cryptocurrency withdrawals have a fixed network fee of 0.0005 BTC or 5 USDT. Accounts inactive for 90 days are charged $10 per month until reactivation or balance depletion. Minimum withdrawal amount is $20 for all methods.
Hidden Costs and Currency Conversion
Deposits made in a currency different from the base account currency are converted at the platform’s live rate plus a 0.75% conversion fee. This applies to both deposits and withdrawals. Traders should set their base currency to their primary funding currency to avoid this charge.
FAQ:
What is the absolute minimum deposit to start trading?
The absolute minimum is $50 for the Standard account, payable via credit card or cryptocurrency.
Are there any deposit fees?
No, the platform does not charge deposit fees. However, your bank or payment provider may apply their own fees.
How much is the commission on Pro accounts?
The commission is $3.50 per standard lot (round turn), with spreads starting from 0.1 pips.
Is there a fee for withdrawing profits?
First two withdrawals each month are free. Subsequent ones cost $5. Bank wires have a $15 fee.
What happens if I don’t trade for several months?
After 90 days of inactivity, a $10 monthly fee is deducted until you make a trade or the balance reaches zero.
Reviews
Marcus T.
Started with $50 on Standard. Spreads are fair for the entry level. No hidden fees on deposits.
Elena V.
Pro account fees are transparent. $3.50 commission per lot is competitive. Withdrawals processed in 24 hours.
David K.
VIP spreads are razor-thin. The $2 commission is worth it for scalping. Inactivity fee is clearly stated in terms.