FAQs
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Account forms
Individual Account Applications
Important Documents
Corporate and Joint Account Applications
Account FAQs
We will need you to provide us with your name, address and tax ID number to establish your identity. Typically, we can verify your identity instantly. For more information, see our Account Documents FAQs.
You can fund your trading account by logging into the MyAccount page and visiting the Funding > Deposit tab.
FOREX.com does not and cannot accept deposits from third parties.
Please note that you may experience longer processing times if the name on the originating account does not match your FOREX.com account.
The minimum initial deposit is €100 or currency equivalent.
Regulations
Payment Method | Regulation |
|---|---|
Card | Nuvei Limited is an Electronic Money Institution authorized and regulated by the Central Bank of Cyprus with license number 115..1.3.9/2018. Registered Address: 9 Kafkasou street, Treppides Tower, 3rd Floor, Off.301, Aglantzia, 2112 Nicosia – Cyprus. |
Bank transfer | StoneX Europe Ltd. holds bank accounts with Barclays in Germany, Spain and Italy, and with Eurobank in Cyprus, facilitating transfers in the following currencies: PLN, USD, CHF, EUR, GBP. |
PayPal | PayPal (Europe) S.à r.l. et Cie, S.C.A. registered under number B 118 349, with a registered address at 22- 24 Boulevard Royal, L-2449, Luxembourg. |
Processing Times (Deposits)
Payment Method | Deposits |
|---|---|
Card | Funds are credited into your trading account immediately (unless additional information is required) |
Bank transfer | Funds are credited into your trading account within one working day from the time we receive funds into our bank account (unless additional information is required) |
PayPal | Funds are credited into your trading account immediately (unless additional information is required) |
Fees
Payment Method | Deposits |
|---|---|
Card | None |
Bank transfer | None** |
PayPal | None |
**Standard bank charges may apply
Withdrawal requests are processed in the order the requests were received.
Funds are returned to the originating account in the order on the table below:
Per Transaction
Method | Max Per Transaction |
|---|---|
Card | €10,000 |
Wire Transfer | None |
Skrill* | €20,000 |
Neteller* | €20,000 |
PayPal | €20,000 |
Processing Times (Withdrawals)
Method | Typical Processing Time |
|---|---|
Card | Immediately |
Wire Transfer | Up to 2-3 business days |
Skrill* | Immediately |
Neteller* | Immediately |
PayPal | Immediately |
Fees
Method | Fees |
|---|---|
Card | FOREX.com does not charge withdrawal fees. |
Wire Transfer | FOREX.com does not charge wire withdrawal fees. However, a client’s bank may charge additional fees for incoming transactions. |
Skrill* | FOREX.com does not charge withdrawal fees. |
Neteller* | FOREX.com does not charge withdrawal fees. |
PayPal | FOREX.com does not charge withdrawal fees. |
Withdrawal Procedure
Method | Withdrawal Procedure |
|---|---|
Card | Deposited amount shall be returned via Card, profits above the deposited amount shall be returned via another payment method. |
Wire Transfer | Funds that are over the net deposit can be returned via Wire Transfer once the bank account has been verified. After submitting the withdrawal request, we will require a valid bank statement to verify the bank account. |
Skrill* | Deposited amount shall be returned via Skrill, profits above the deposited amount shall be returned via another payment method. |
Neteller* | Deposited amount shall be returned via Neteller, profits above the deposited amount shall be returned via another payment method. |
PayPal | Deposited amount shall be returned via PayPal, profits above the deposited amount shall be returned via another payment method. |
You can withdraw from your trading account by logging into the MyAccount page and visiting the Funding > Withdraw tab.
FOREX.com does not and cannot withdraw funds to the account of a third party. Please note that you may experience longer processing times if the name on the destination account does not match your FOREX.com account.
FOREX.com does not accept cheques as a funding method.