We will explain the deposit method and trading account bonus of overseas FX broker GeneTrade. Deposit methods are available by credit card and online wallet. The reflection time is extremely fast, so traders will hardly feel stressed. Depending on the card company, it may not be possible to use it, so please contact each card company.
GeneTrade deposit methods and handling methods
GeneTrade officially accepts the following three methods for depositing funds. Whether you use a credit card (debit card) or online wallet (Sticpay, bitwallet), the funds are reflected immediately, making it very convenient. The minimum deposit amount is 5 dollars in US dollars or 500 yen in Japanese yen. Please note that while trading can be profitable, it always carries risks, so be careful. There are no regulations, so you can deposit funds freely from either your PC or the app. For demo use, no real money deposit is required. It is safely operated under the regulations of the International Commission on Securities and Exchanges (IFSC).
| Min Deposit | Commission | Currency | |
| Credit Card Debit Card VISA/JCB | 5$ | Free | USD, JPY |
| Sticpay | 5$ | Free | USD, EUR, GBP, JPY, HUF, PLN, ZAR |
| bitwallet | 5$ | Free | USD, EUR, GBP, JPY, HUF, PLN, ZAR |
All fees are free
There are no other fees for any of the deposit methods. In addition, deposits are reflected immediately, so funds are reflected in the account immediately and orders can be placed. The operating company is also licensed by the Belize Financial Services Agency, so it is very safe. You can trade stock indexes and FX currency pairs with minimal funds. Take advantage of 1000x leverage while reading the market. There are fewer restrictions on areas of residence compared to other companies. You can operate effective trades from your smartphone (android/iphone).
Bank transfer is not supported
Bank transfers are not accepted due to issues. Most FX companies accept bank transfers, but Genetrade does not. If you are starting out, it is easier to use a credit card, so use another method. We accept transfers from our website. You can transfer funds electronically from the website, which reduces the burden on you. This is a rare option in the industry.
Applies to both account types
The details of the deposit method are completely the same for both standard and micro account registrations. Since you make a deposit and also receive a bonus, it will be reflected in your balance and you will be able to enter lots and trade, so it is a good deal. It also supports automated trading, and you can make a profit by using your principal online. However, there are risks, so you may lose your funds, so please understand this before proceeding.
GeneTrade deposit method flow
We will introduce the latest GeneTrade deposit methods one by one. After logging in to GeneTrade My Page, access and click on the “Deposit” page of your real account. I will explain it on the screen.
Source : https://www.genetrade.com/
A list of deposit methods will then be displayed, so select your preferred method and click the button.
Source : https://www.genetrade.com/
How to deposit with VISA/JCB card
Currently, we accept VISA or JCB, and to deposit the card, first enter the deposit amount and click “Continue”. We support USD and JPY.
Source : https://www.genetrade.com/
Immediate payment will be reflected by entering the card information, verifying it, and making the payment. Expiry date, card number, credit card holder name, CVV2/CVC2/CAV2 are required. The name and GeneTrade account holder must match.
Source : https://www.genetrade.com/
STICPAY deposit method
For STCPAY, first enter the deposit amount and click “Continue”.
Source : https://www.genetrade.com/
Enter your STICPAY email address and password and click Login. In other words, you cannot deposit money using this method unless you have an account in advance. Once the input is complete, the deposit will be completed.
Source : https://www.genetrade.com/
bitwallet deposit method
To deposit to bitwallet, enter the deposit amount and click “Continue”.
Source : https://www.genetrade.com/
Log in to Bitwallet, confirm your payment information in the same way as STICPAY, and payment will be completed. After this, download MT from the official website and start trading. The spread is narrow and you can trade without restrictions such as scalping. Although it is not a very popular broker in the popularity rankings, you can start trading CFDs and other products freely regardless of area or type, so check it out from the menu. If you have any questions, please check the terms and conditions from the home page.
GeneTrade deposit bonus
GeneTrade always offers deposit bonuses. It is recommended because it has a cushion function for up to $5,000. You will receive a bonus whether you deposit by credit card or online wallet. To deposit money, first register a new account. It is mandatory to enter personal information (name, address, date of birth, phone number) and upload identification documents (driver’s license, passport, utility bill). Usually, it can be set up in as little as one day.
Bonus grant rate is 20%
The deposit bonus rate on the official website is 20% of the deposit amount. You can receive the bonus as many times as you like up to a maximum of $5,000. All accounts are eligible, and so are all people. By the way, there are also limited-time campaigns and promotions other than the bonus. However, if the resident is outside the service or is of a certain age under 18 years old, you may be denied access. Ask the management for the reason. Also, please look at the policy and terms of use.
reflected automatically
The deposit bonus is automatically reflected once the deposit process is completed. In other words, there is no need for the user to set it, so it is safe because it will automatically be generated as margin. In addition, the deposit bonus is always available. The bonus will be applied even if you deposit a small amount of funds or additional funds. Please note that the service is not available to citizens of sanctioned countries and some countries such as Europe and the United States.
The bonus itself cannot be withdrawn.
The deposit bonus, like the account opening bonus, cannot be withdrawn. Use it as trading funds to increase your margin maintenance rate and prevent loss cuts. The cushion function allows you to make the same investment in multiple accounts with MT4 using only credit. Bonuses are often used as large margin when holding positions at financial prices. Customers should not withdraw the bonus when initiating a request.
After withdrawal, the bonus will be completely cancelled.
The full amount of the deposit bonus will be forfeited when a withdrawal request is made using the applicable account number. Regardless of the withdrawal amount, the bonus will disappear when you request a withdrawal. Financial services stocks only support currency pairs and precious metals. Additionally, unauthorized use of bonuses is prohibited. Please check the management guidelines for members.
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