To all my boys out there trying to make ends meet, hustling in this tough Zim economic landscape or navigating through unfamiliar environments abroad, keep on the grind bro zvichazongo maker sense eventually.
Trying to get back into forex trading, so I asked BancABC if I could use their Prepaid VISA to deposit into Deriv. They send me the fee structure:
2% online transaction fee + 2% IMT tax + 15.5% VAT on imported services + $5 minimum balance that you can't touch + various other charges.
Fine. Whatever. So I ask: "If I want to deposit $30, how much do I need?"
Their response: "Please note that you can deposit at least $45 USD." 💀💀💀
BRO. I WANT TO DEPOSIT THIRTY DOLLARS. Where is the other $15 going?! 😂 Zim ma1 boys. I just wanted to trade some synthetic indices, not finance the entire banking ecosystem.
What other options are there ?