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BOQ broker has no minimum deposit requirement for personal accounts, which is fantastic for people who want to start banking with minimal funds. This makes it easy for individuals to open an account without worrying about reaching a high minimum threshold. For term deposits, however, a minimum deposit of $1,000 is required. This flexibility is a major advantage for those looking to start banking with BOQ broker without significant upfront costs. Personally, I appreciate the low barrier to entry for personal accounts, especially for new customers or those just starting out. If you're considering long-term savings with a term deposit, the $1,000 minimum requirement is standard in the industry.