| Currency | GBP, EUR |
| Fees / Commission | No Commission |
| Processing Time | 3-5 Business Days |
1. We will not accept deposits from third parties. The full name of the person making the deposit must match the full name of the person registered with FXTM. We will ask you to verify that your chosen deposit method is registered in your name.
2. The details that you enter in the payment providers website must match the details you entered when making the deposit in My FXTM. If these details do not match, then there may be a delay in processing your payment.
3. If your deposit is successful, it will be added to your FXTM account shortly. You may experience a delay if FXTM or the payment provider is unable to verify your details.
4. The exchange rate to local currency may change according to the local provider or your local bank rates.
5. All transactions made in a currency that differs from the currency of your FXTM trading account will be automatically converted at the FXTM conversion rate. Please see the FXTM conversion rate table for more details.
6. Our conversion rates are updated daily. Check here for the latest rates.
7. If the currency you make a deposit in is different from the currency of your chosen transfer method, then you may be charged a conversion fee before your money reaches FXTM. We will not be able to reimburse you these charges.
8. FXTM will not charge you fees or commissions on your deposit. However, please note that some transfer methods may charge you a fee before your money reaches FXTM. Please check before you make a deposit.
| Currency | EUR |
| Fees / Commission | 20 EUR |
| Processing Time | 24 hours |
1. Payments from third parties are not accepted. The name of the sender must match the name on your trading account.
2. You can transfer funds to any bank account in your name. The withdrawal of your initial deposit can only be made to the same bank account from which you originally deposited.
3. Purpose of Payment for Fund Withdrawal through Bank Wire Transfer:
- FXTM Transfer
- Client ID number
- Date
4. There is no minimum withdrawal amount. Please note that the fee for processing fund withdrawals will be subtracted from the amount withdrawn.
5. Make sure that you have sufficient free margin in your account to cover your withdrawal. If you do not, you may choose to close open positions on your account.
6. Withdrawals are processed by FXTM within 24 hours of your request. The funds will be posted to your bank account within 3-5 business days of being processed by us. There may be a delay if we are unable to verify your information.
7. Notwithstanding the Client’s request, FXTM reserves, if it deems it appropriate, the sole right to pay any withdrawal from any bank other than the one the client requested. Any differences in bank charges will be covered by FXTM.
