How to deposit and withdraw money at FXTM?
FXTM is a top Forex broker offering convenient deposit and withdrawal services。
There are many important factors to consider when choosing a broker。One of them is the ability to deposit and withdraw money on your own terms.。As a trader, you need to be able to manage your money effectively to make sure everything goes according to plan。The role of the broker is to provide a secure platform and favorable conditions.。
Founded in 2011, FXTM is a top broker regulated by FCA, CySEC, CMA, FSCA and FSC。For more than a decade, the company has been offering a variety of trading services and constantly adapting to maintain customer satisfaction.。
In terms of deposits and withdrawals, FXTM offers multiple payment systems, including some e-wallets, to enable faster and cheaper transactions。
Payment method | Currency | Minimum deposit | Deposits processing time | Withdrawal fees |
bank wire transfer | USD, EUR, GBP | - | 3-5 working days | 30 EUR |
Visa / MasterCard | USD, EUR, GBP | 5 USD / EUR / GBP | Instant | 3 USD / 2 EUR / 2 GBP |
Maestro | USD, EUR, GBP | 5 USD / EUR / GBP | Instant | 3 USD / 2 EUR / 2 GBP |
Google Pay | USD, EUR, GBP | - | Instant | - |
FasaPay | USD, IDR | 5 USD | Instant | 0.5% |
Skrill | USD, EUR, GBP, PLN, CZK | - | Instant | - |
Neteller | USD, EUR, GBP, NGN, INR | 5 USD | Instant | - |
Perfect Money | USD, EUR | - | Instant | 0.5% |
How to deposit at FXTM
You can fund your FXTM account by accessing the MyFXTM page from your computer and mobile phone。No verification required for deposit, so you can easily deposit with a new account or an existing real account。
Brokers do not charge any internal deposit fees, but banks or payment providers may charge fees according to their policies。
Learn how to deposit gold at FXTM:
Visit FXTM's official website and log into your account。
Click "Deposit" under the "Funds" section on the MyFXTM page。
Select an account or wallet and specify the deposit amount。
If you do not specify a trading account in your transfer request, your deposit will be automatically transferred to your wallet。Please note that if you are using a currency different from the base currency of your account, you will be charged a conversion fee。
Select deposit method。
You can choose any of the available methods on the screen, but please make sure the account or wallet is in your name as FXTM does not accept third party payments。
First-time use of certain payment methods may require verification。For example, you need to provide a color copy of the front and back of your credit card or a screenshot of your e-wallet account。
Confirm deposit details and complete transaction。
Deposits will be processed immediately if no further verification is required。After the deposit is successful, the funds will soon be reflected in your account。
How to withdraw money at FXTM
Before withdrawing money, you need to upload documents such as ID or passport to complete the verification process。Also, make sure your account or wallet has enough margin to withdraw。Otherwise, you may need to close part of your position to cover the amount。
Follow these steps to withdraw money from FXTM:
Go to the MyFXTM withdrawal page。
Open your MyFXTM page and click "Withdraw funds" under "My funds" section。
Choose your preferred withdrawal method。
To withdraw the initial deposit, you must use the same source as the initial deposit。At the same time, you can use any of the available methods to extract profits。
Select the account or wallet you want to withdraw and specify the withdrawal amount。
Provide reason for withdrawal and click "Submit"。
Unlike deposits, some withdrawals are subject to a handling fee, depending on the payment system you choose。FXTM will process your withdrawal request within 24 hours。However, the actual time required for funds to arrive varies depending on the payment method。
Conclusion
FXTM is a top broker with over a decade of experience and is widely known。In addition to offering favorable trading conditions, the broker offers a simple deposit and withdrawal system。You can choose from a variety of payment methods, from traditional bank wire transfers to modern e-wallets and other solutions。The process is also fairly seamless and quick。If you encounter any problems, just contact the customer service staff to get help。
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