Forex wire transfer

By: GMS Date of post: 22.06.2017

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If you choose to block cookies you may use our services but some functions may not work as designed. View our Cookie Policy. We accept funds by credit or debit card, wire transfer, or Sofortbanking. For fast and easy account funding you can link a credit or debit card to your FOREX. In the event the account is not long available, you will need to provide us with evidence of the account's status, such as an account statement or relative document issued by your bank.

Documentation must include the following:. Your form is being processed. All trading involves risk and losses can exceed deposits.

forex wire transfer

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Topics scroll to top. Fund Management Show All Deposits Transfers Withdrawals. How do I fund my account? You can easily fund your account by logging in to My Account and visiting the Funding page.

Visa, MasterCard, Maestro, JCB Within 24 hours FOREX. However, if you deposit funds from abroad, you may be charged a cross-border fee or currency conversion fee by your issuing bank. However, your bank may charge a service fee. Wire transfers may require an intermediary bank. Intermediary banks may charge a transaction fee. We recommend that you maintain an adequate excess margin balance above your required margin.

Maintaining low excess margin levels in your account may prohibit you from trading certain products or lead to undesired liquidations resulting from an adverse market move.

Can I use more than one card to fund my account? Yes, you may use multiple cards to fund your account. Keep in mind that withdrawals are processed to the original funding method s.

Therefore, a single withdrawal request may be processed via multiple cards. Do you accept Western Union or PayPal? No, we do not accept payments through Western Union or Paypal. How will a deposit via a card appear on my bank statement? When you deposit funds into your FOREX. What should I do if the card I used to fund my account is closed, lost, stolen or not available for withdrawal? In accordance with anti-money laundering policy, we are legally obligated to verify the status of the account before we can process a withdrawal of funds to another source.

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Documentation must include the following: Name of the account holder must match name on FOREX. Why is the amount posted in my account less than the amount I wired? Your deposit may be reduced by the service fee charged by your bank. Can I fund with a personal check or business check?

What is third-party funding? A third party is considered to be anyone who is not an owner of the account. For the purposes of a funding or withdrawal transaction, the name s on the FOREX.

Can I transfer funds between my existing accounts? Yes, you can transfer funds between multiple accounts of the same trading platform, such as two FOREXTrader accounts. What if I have open positions when I submit a withdrawal request? A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions.

This may result in the liquidation of any or all of your open positions.

forex wire transfer

It is your responsibility to ensure that the account holds enough margin to maintain open positions. How do I withdraw funds? You can request a withdraw of funds via MyAccount.

How will my withdrawal be processed? Withdrawal requests can be submitted through My Account and are processed in the order funds were received.

Funds are returned to the originating account in the following order: Your bank may take additional time to credit the funds to your account. Please see the matrix below for a summary of wire transfer withdrawal fees. Please note, trading account balances over the stated threshold are entitled to five free withdrawals per month.

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Tell me more about the Costs associated with trading forex Forex markets I can trade FOREXTrader trading platform Minimum margin requirements. I would like to Fund my account Request a withdrawal Download FOREXTrader Download MT4.

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