* Trading is risky. Your capital is at risk
Why you can trust FXTM
Safe
Licensed
Protected
Convenient
Payment options
Global payment methods
Quick and reliable global payment options include bank transfers, debit and credit cards, and popular e-wallets.
Local payment methods
We work with a host of local payment providers to offer transfer options suited to your local currency.
Cryptocurrency
Fast, secure and low-cost deposits and withdrawals available in a choice of cryptocurrency coins.
How to manage your funds
Deposits are processed instantly if there is no need for additional verification. FXTM is not liable for any transfer delays you may experience due to a service disruption in the payment processor system.
All back-office transfers are processed during standard business hours being 06:00-20:00 GMT +2 (GMT+3 during DST), Mon-Fri and Sunday 09:00 - 18:00 GMT+2 (GMT+3 DST).
For clients in Kenya, 24 hours a day Monday – Friday, Saturday: 09:00 – 14:00pm and Sunday 10:00 – 18:00 (GMT).
Please note that some issuing banks may not allow credit and debit card deposits. If this affects you, please choose another option, or contact your Account Service Manager for help.
When an account has been deemed inactive (no trading activity) for a period of 3 months, we will apply an inactivity fee of 10 EUR/ USD/ GBP. This inactivity fee is applied every month, until the balance is completely depleted, or the account becomes active again through trading activity.
In case of no trading activity, or if any form of abuse is found relating to the reimbursement policy, we reserve the right to reclaim any reimbursement fees. If you ask to withdraw your funds after no trading activity, we reserve the right to charge you the equivalent amount of any banking fees incurred, or 3% of the total withdrawal amount.
Deposit information
We do not accept payments from third parties. The name of the sender must match the name registered with FXTM.
The details you enter/select on the provider’s website should match the details entered/selected on the FXTM deposit page. Please note that in case these details differ, you may experience a delay in payment processing.
The exchange rate to local currency might change from time to time according to the local provider or local bank rates.
All transactions sent in a currency that differs from the currency of your account will be automatically converted at the FXTM conversion rate.
If the deposit is successful, it will be posted to your account shortly. There might be a delay if FXTM or the payment provider is unable to verify your information.
If a transaction is made in a currency that is not supported, your deposit will be converted to the supported currency of your choice. Please note that the provider may charge a conversion fee.
Our conversion rates are updated daily.
A deposit fee, where applicable, will be subtracted from the deposited amount. Please see details when logged in to FXTM for fees.
Processing times differ for each payment method. Refer to the details when logged in to FXTM.
Withdrawal information
Payments to third parties are not accepted. The name of the receiver must match the name registered with FXTM.
If you wish to withdraw your initial deposit, you must use the same source of funds as your original deposit.
Any generated profits following your initial deposit can be withdrawn by any other payment method available to you.
You need to make sure that you have sufficient free margin in your account to cover your withdrawal. If you do not, you may choose to close some open positions in your account.
If your trading account and withdrawal are denominated in different currencies, the transaction will be subject to conversion and charges may apply, as per the Conversion Rates table when logged in to FXTM.
Our conversion rates are updated daily.
A withdrawal fee, when applicable, will be subtracted from the amount withdrawn. Please check the relevant table for Fees/Commissions.
Frequently asked questions
We offer a wide variety of payment methods including credit and debit cards, cryptocurrency, e-wallets, bank wire transfers, and local payment solutions.
We accept payment methods from hundreds of countries. Register or log in to FXTM to see the options available in your region.
The minimum initial deposit amount for an FXTM account is $200. Subsequent deposits can be any amount. There is no maximum deposit amount.
Please note that individual payment providers may have their own minimum and maximum deposits amounts, which may differ from FXTM.
You can withdraw as much as like, as you long as you use the same payment method that you used to deposit.
Note that if you have open positions, you’ll need to leave enough free margin in your account to cover the withdrawal and any extra fees that may occur.
FXTM only charges a $3 fee on deposits valued less than $30 (when converted). Deposits of $30 or more are free of charge. Please note that individual payment providers may have their own deposit charges.
FXTM only charges a $3 fee on withdrawals valued less than $30 (when converted). Withdrawals of $30 or more are free of charge. Please note that individual payment providers may have their own withdrawal charges.
Log in to your FXTM account and navigate to the Withdrawal tab. Complete the steps to withdraw funds.