FAQs
My Funds
What is Third-Party Funding?
How do I transfer funds between my existing accounts?
For example, we can link two trading accounts if the name of the account holder is the same, the two trading accounts are individual trading accounts, and the base currency of the trading accounts are both in EUR. However, we cannot link two trading accounts if one of the trading accounts is an individual account and the other is a joint account and if both of the trading accounts are individual trading accounts but one has a base currency of USD and the other has a base currency of EUR.
Once the accounts are linked, you may log into the MyAccount page and proceed to Funding > Transfer to request the transfer between your two linked trading accounts. The normal processing time for transfer requests is up to 1-2 business days.
How do I change the base currency of my trading account?
Funding
How do I fund my account?
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 (Visa/Mastercard/Maestro) |
- |
Bank transfer | - |
Skrill | Skrill Ltd is a company authorized by the Financial Conduct Authority under the Electronic Regulations 2011 for the issuing of electronic money, Register No. 900001 © Skrill Ltd, United Kingdom |
Neteller | NETELLER is a service operated by Optimal Payments Limited™. Optimal Payments Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900015) for the issuing of electronic money and payment instruments, United Kingdom. |
Processing Times
Payment Method | Deposits | Withdrawals |
Card (Visa/Mastercard/Maestro) |
Funds are credited into your trading account immediately. | Within 24 hours* |
Bank transfer | Funds are credited into your trading account within one working day from the time we receive funds into our bank account. | Within 24 hours* |
Skrill | Usually within 30 minutes | Within 24 hours* |
Neteller | Usually within 30 minutes | Within 24 hours* |
Fees
Payment Method | Deposits | Withdrawals |
Card (Visa/Mastercard/Maestro) |
FREE | FREE ** |
Bank transfer | FREE ** | FREE ** |
Skrill | FREE | FREE ** |
Neteller | FREE | FREE ** |
*FOREX.com processing time
** Standard bank charges apply
We recommend that you maintain an adequate excess margin balance above your required margin. Maintaining low excess margin levels in your account may prohibit you from trading certain products or lead to undesired liquidations resulting from an adverse market move.
Can I fund with a personal cheque or business cheque?
How will my withdrawal be processed?
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:
Min/Max Per Transaction
Method | Min Per Transaction | Max Per Transaction |
Card (Visa/Mastercard/Maestro) |
€100 (or currency equivalent) |
€10,000 (or currency equivalent) |
Wire Transfer | €100 (or currency equivalent) |
None |
Typical Processing Time
Method | Typical Processing Time |
Card (Visa/Mastercard/Maestro) |
Up to 1-2 business days (unless additional information is required) |
Wire Transfer | Up to 2-3 business days (unless additional information is required) |
Fees
Method | Fees |
Card (Visa/Mastercard/Maestro) |
FOREX.com does not charge for incoming Card deposits. |
Wire Transfer | FOREX.com does not charge wire withdrawal fees. However a client's bank may charge additional fees for incoming transactions. |
Withdrawal Procedure
Method | Withdrawal Procedure |
Card (Visa/Mastercard/Maestro) |
Deposited Amount shall be returned via Card, profits above the deposited amount shall be returned via wire transfer. |
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. |
If the balance is lower than €100 (or currency equivalent), the minimum amount for withdrawal is the full remaining balance.
Does FOREX.com accept Western Union or PayPal?
Withdrawals
How do I withdraw my funds from my trading account?
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.
How will my withdrawal be processed?
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:
Min/Max Per Transaction
Method | Min Per Transaction | Max Per Transaction |
Card (Visa/Mastercard/Maestro) |
€100 (or currency equivalent) |
€10,000 (or currency equivalent) |
Wire Transfer | €100 (or currency equivalent) |
None |
Typical Processing Time
Method | Typical Processing Time |
Card (Visa/Mastercard/Maestro) |
Up to 1-2 business days (unless additional information is required) |
Wire Transfer | Up to 2-3 business days (unless additional information is required) |
Fees
Method | Fees |
Card (Visa/Mastercard/Maestro) |
FOREX.com does not charge for incoming Card deposits. |
Wire Transfer | FOREX.com does not charge wire withdrawal fees. However a client's bank may charge additional fees for incoming transactions. |
Withdrawal Procedure
Method | Withdrawal Procedure |
Card (Visa/Mastercard/Maestro) |
Deposited Amount shall be returned via Card, profits above the deposited amount shall be returned via wire transfer. |
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. |
If the balance is lower than €100 (or currency equivalent), the minimum amount for withdrawal is the full remaining balance.
Do I need to provide any documents to process my withdrawal request?
In the event you are requesting to withdraw funds that are over the net deposit to a new bank account, FOREX.com will require a valid bank statement to be uploaded through the My Account page in Documents Upload to verify the bank account you are requesting for your funds to be returned to.
What is the processing time for withdrawals?
The normal processing time is typically up to 1-2 business days; however, if our Financial Operations department requires additional information, the processing time may be extended. In addition, once processed on our end, your bank may take additional time to credit the funds to your account.
How do I remove a bank account on file?
We will require valid evidence of account closure, one of the following:
- A physical, full-paged bank statement indicating account closure for the bank account
- A physical, full-paged, signed letter from your bank stating that the bank account is no longer active and is closed
What is the withdrawal fee?
There are no withdrawal fees; however, your bank may charge additional fees for incoming transactions.
My Funds
What is Third-Party Funding?
How do I transfer funds between my existing accounts?
For example, we can link two trading accounts if the name of the account holder is the same, the two trading accounts are individual trading accounts, and the base currency of the trading accounts are both in EUR. However, we cannot link two trading accounts if one of the trading accounts is an individual account and the other is a joint account and if both of the trading accounts are individual trading accounts but one has a base currency of USD and the other has a base currency of EUR.
Once the accounts are linked, you may log into the MyAccount page and proceed to Funding > Transfer to request the transfer between your two linked trading accounts. The normal processing time for transfer requests is up to 1-2 business days.
How do I change the base currency of my trading account?
Funding
How do I fund my account?
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 (Visa/Mastercard/Maestro) |
- |
Bank transfer | - |
Skrill | Skrill Ltd is a company authorized by the Financial Conduct Authority under the Electronic Regulations 2011 for the issuing of electronic money, Register No. 900001 © Skrill Ltd, United Kingdom |
Neteller | NETELLER is a service operated by Optimal Payments Limited™. Optimal Payments Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900015) for the issuing of electronic money and payment instruments, United Kingdom. |
Processing Times
Payment Method | Deposits | Withdrawals |
Card (Visa/Mastercard/Maestro) |
Funds are credited into your trading account immediately. | Within 24 hours* |
Bank transfer | Funds are credited into your trading account within one working day from the time we receive funds into our bank account. | Within 24 hours* |
Skrill | Usually within 30 minutes | Within 24 hours* |
Neteller | Usually within 30 minutes | Within 24 hours* |
Fees
Payment Method | Deposits | Withdrawals |
Card (Visa/Mastercard/Maestro) |
FREE | FREE ** |
Bank transfer | FREE ** | FREE ** |
Skrill | FREE | FREE ** |
Neteller | FREE | FREE ** |
*FOREX.com processing time
** Standard bank charges apply
We recommend that you maintain an adequate excess margin balance above your required margin. Maintaining low excess margin levels in your account may prohibit you from trading certain products or lead to undesired liquidations resulting from an adverse market move.
Can I fund with a personal cheque or business cheque?
How will my withdrawal be processed?
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:
Min/Max Per Transaction
Method | Min Per Transaction | Max Per Transaction |
Card (Visa/Mastercard/Maestro) |
€100 (or currency equivalent) |
€10,000 (or currency equivalent) |
Wire Transfer | €100 (or currency equivalent) |
None |
Typical Processing Time
Method | Typical Processing Time |
Card (Visa/Mastercard/Maestro) |
Up to 1-2 business days (unless additional information is required) |
Wire Transfer | Up to 2-3 business days (unless additional information is required) |
Fees
Method | Fees |
Card (Visa/Mastercard/Maestro) |
FOREX.com does not charge for incoming Card deposits. |
Wire Transfer | FOREX.com does not charge wire withdrawal fees. However a client's bank may charge additional fees for incoming transactions. |
Withdrawal Procedure
Method | Withdrawal Procedure |
Card (Visa/Mastercard/Maestro) |
Deposited Amount shall be returned via Card, profits above the deposited amount shall be returned via wire transfer. |
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. |
If the balance is lower than €100 (or currency equivalent), the minimum amount for withdrawal is the full remaining balance.
Does FOREX.com accept Western Union or PayPal?
Withdrawals
How do I withdraw my funds from my trading account?
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.
How will my withdrawal be processed?
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:
Min/Max Per Transaction
Method | Min Per Transaction | Max Per Transaction |
Card (Visa/Mastercard/Maestro) |
€100 (or currency equivalent) |
€10,000 (or currency equivalent) |
Wire Transfer | €100 (or currency equivalent) |
None |
Typical Processing Time
Method | Typical Processing Time |
Card (Visa/Mastercard/Maestro) |
Up to 1-2 business days (unless additional information is required) |
Wire Transfer | Up to 2-3 business days (unless additional information is required) |
Fees
Method | Fees |
Card (Visa/Mastercard/Maestro) |
FOREX.com does not charge for incoming Card deposits. |
Wire Transfer | FOREX.com does not charge wire withdrawal fees. However a client's bank may charge additional fees for incoming transactions. |
Withdrawal Procedure
Method | Withdrawal Procedure |
Card (Visa/Mastercard/Maestro) |
Deposited Amount shall be returned via Card, profits above the deposited amount shall be returned via wire transfer. |
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. |
If the balance is lower than €100 (or currency equivalent), the minimum amount for withdrawal is the full remaining balance.
Do I need to provide any documents to process my withdrawal request?
In the event you are requesting to withdraw funds that are over the net deposit to a new bank account, FOREX.com will require a valid bank statement to be uploaded through the My Account page in Documents Upload to verify the bank account you are requesting for your funds to be returned to.
What is the processing time for withdrawals?
The normal processing time is typically up to 1-2 business days; however, if our Financial Operations department requires additional information, the processing time may be extended. In addition, once processed on our end, your bank may take additional time to credit the funds to your account.
How do I remove a bank account on file?
We will require valid evidence of account closure, one of the following:
- A physical, full-paged bank statement indicating account closure for the bank account
- A physical, full-paged, signed letter from your bank stating that the bank account is no longer active and is closed
What is the withdrawal fee?
There are no withdrawal fees; however, your bank may charge additional fees for incoming transactions.