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FXOpen Deposit and Withdrawal Guide

There are some important things you need to pay attention to before you deposit and withdraw money from your FXOpen account。

There are some important things you need to pay attention to before you deposit and withdraw money from your FXOpen account。

Access to cash is simple when using FXOpen, which facilitates a simpler trading experience by offering multiple deposit options。In most cases, a credit card is enough to start a transaction with FXOpen, and payment can also be made using a bank transfer or one of several different e-wallet payment options。

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Payment method

You can deposit and withdraw money (including electronic payments) on the FXOpen platform using the following payment methods:

  • Instant bank transfer
    bank wire transfer
    local wire transfer
  • Skrill
  • Alfa-Click
  • Credit Card
  • Debit Card
  • Local Deposits
  • China UnionPay
  • PayPal
  • QIWI Wallet
  • Yandex Money
  • FasaPay
  • Epay
  • WebMoney
  • AdvCash
  • Airtm
  • VisaCard
  • Perfect Money

It is strongly recommended to process withdrawals and deposits from the account through the same payment system. If you use multiple methods to deposit funds into the account, you must use each method to receive deposits from that method。

The way in which surplus profits from deposits are withdrawn depends on which mechanism is used to obtain the maximum deposit.。

FXOpen Deposit

Traders need to make a minimum deposit, ranging from $1 to $100, depending on the type of account they choose to create。Instant credit through deposits made through digital payment systems, prepaid cards and online banking。

Deposits by bank transfer usually take 3 full business days to complete; during business days, cash transfers in FXOpen can take anywhere from 24 to 48 hours。If payment has been made but funds have not been received, you can complete the payment notice form。

Deposit steps:

1.In the menu labeled "Account deposit" you can choose to deposit funds directly into the trading account。

2.When the "Add Funds" button is clicked, the funds will be added directly to the trading account without any checking by the finance department。

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There is also an additional option called "Transfer funds," which can open "internal transfer" to transfer funds between e-wallets or any trading accounts, and there is no charge for the transfer of funds from one account to another.。

FXOpen Withdrawal

The withdrawal page displays a list of all withdrawal options currently available。At this point, FXOpen can withdraw funds from e-wallets and any trading account registered by an individual, with no limit on the total number of withdrawal transactions that can be processed。

If you use multiple different electronic payment methods to deposit funds into your account for profit or loss, you can withdraw funds from your account using the digital payment system responsible for receiving the largest deposit。

If multiple credit or debit cards are used in the payment process, FXOpen's finance department will decide when and how to withdraw profits。

Withdrawal Duration

  • Withdrawals processed by bank transfer usually take 3 full business days to complete。
    Withdrawal requests made via online payment methods as well as credit cards and digital currencies will be processed within 1 day of receipt of the request。
    Any withdrawal or transfer requests made over the weekend will not be processed until Monday.

Do not trade after submitting a withdrawal request

It is strongly recommended that you do not conduct any trading activities within 48 hours before submitting your withdrawal request, that is, as long as your request is still "pending," do not conduct transactions。

If you decide to continue trading, you must check whether the value of the available funds or available margin on the account is greater than the value of the withdrawal amount。

If you have an open position and the finance team reviews the withdrawal request with an output greater than the funds available to the account, the request will be rejected (Rejected) and marked "insufficient available margin"。

Conclusion

FXOpen provides its customers with the easiest and smoothest withdrawal method, which can be traded around the clock without any restrictions from the banking system。In summary, the payment process should not exceed 3 business days。


FXOpen is a Forex broker that has been providing quality services to clients since 2005, aiming to make Forex trading more professional, accessible and secure.。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.