FXTM Deposit

Deposits and
Withdrawal methods

Choose from local payment methods, cards, E-wallets and more

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Easy deposits. Fast withdrawals.

Security of funds

Safety

We keep your funds in top-tier banks, and they’re fully segregated from our own.

Globally regulated & licensed

Regulation

We’re regulated in various jurisdictions. We put your money in top-tier banks, so that you can relax.

Choice

Choice

We offer a wide variety of payment methods, including local banking.

Explore our most popular deposit and withdrawal payment methods

This payment method is only available for clients in India with local bank accounts. Please make sure you read the full instructions to make your transaction correctly, and contact your dedicated Account Service Manager for further details.
Deposit Withdrawal
Currency INR INR
Fees / Commissions No Commission No Commission
Processing Time 24 Hours 24 Hours
Minimum Amount NA NA
Currency INR
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount NA
Currency INR
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount NA

This payment method is only available for clients in Nigeria. Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency NGN NGN
Fees / Commissions No Commission No Commission
Processing Time Instant Instant
Minimum Amount NA NA
Currency NGN
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount NA
Currency NGN
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount NA

This payment method is only available for clients in Kenya. Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency KES/USD/EUR KES/USD/EUR
Fees / Commissions - -
Processing Time 1-2 Business Days 1-2 Business Days
Minimum Amount USD 10 -
Currency KES/USD/EUR
Fees / Commissions KES 500 / USD 5 / EUR 4
Processing Time 24 Hours
Minimum Amount -
Currency BDT
Fees / Commissions -
Processing Time 24 Hours
Minimum Amount -

This payment method is only available for clients in Ghana. Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency GHS GHS
Fees / Commissions - -
Processing Time 24 Hours 24 Hours
Minimum Amount - -
Currency GHS
Fees / Commissions -
Processing Time 24 Hours
Minimum Amount -
Currency GHS
Fees / Commissions -
Processing Time 24 Hours
Minimum Amount -

Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency KES, ZAR, RWF, TZS, UGX KES, RWF, TZS, UGX
Fees / Commissions No Commission 1 USD
Processing Time 1-2 Business Days 48 Hours
Minimum Amount KES 20.00; RWF 1000; ZAR 20.00; TZS 2000; UGX 1000 KES 20.00; RWF 1000; TZS 2000; UGX 1000
Currency KES, RWF, ZAR, TZS, UGX
Fees / Commissions No Commission
Processing Time 1-2 Business Days
Minimum Amount RWF 1000; ZAR 20.00; TZS 2000; UGX 1000
Currency KES, RWF, ZAR, TZS, UGX
Fees / Commissions 1 USD
Processing Time 48 Hours
Minimum Amount KES 20.00; RWF 1000; TZS 2000; UGX 1000

This payment method is only available for clients in Kenya. Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency KES KES
Fees / Commissions - -
Processing Time Instant Instant
Minimum Amount - -
Currency KES
Fees / Commissions No Commission from Forextime, please check Safaricom M-Pesa chart
24 Hours (Business Days) 24 Hours (Business Days)
Minimum Amount -
Currency KES
Fees / Commissions -
Processing Time 24 Hours
Minimum Amount -

This payment method is only available for clients in Indonesia. Please contact your dedicated Account Service Manager to inquire about the full details on using this method, and make sure you read the instructions in MyFXTM.
Deposit Withdrawal
Currency USD, IDR USD, IDR
Fees / Commissions No Commission 0.5%
Processing Time Instant 24 Hours
Minimum Amount IDR 50,000 / USD 5 IDR 50,000 / USD 5
Currency USD, IDR
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount IDR 50,000 / USD 5
Currency USD, IDR
Fees / Commissions 0.5%
Processing Time 24 Hours
Minimum Amount IDR 50,000 / USD 5

This payment method is only available for selected countries. Please contact your dedicated Account Service Manager to inquire about the full details on using TC Payment as a way to transfer funds from your local bank account to your MyFXTM.

TC Pay working hours (GMT+2)

Sunday to Friday: 9am till midnight.

Saturday: 9pm till 6pm

Deposit Withdrawal
Currency USD, EUR, AED USD, EUR, AED
Fees / Commissions n/a n/a
Processing Time 1 Hour 24 Hours
Minimum Amount USD, EUR, AED USD, EUR, AED
Currency n/a
Fees / Commissions n/a
Processing Time 1 Hour
Minimum Amount n/a
Currency USD, EUR, AED
Fees / Commissions n/a
Processing Time 24 Hours
Minimum Amount USD, EUR, AED

This payment method is available to all clients with a Visa debit or credit card. Please make sure you read the full instructions to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR, GBP USD, EUR, GBP
Fees / Commissions No Commission 3 USD / 2 EUR / 2 GBP
Processing Time Instant 24 Hours
Minimum Amount 5 USD/EUR/GBP NA
Currency USD, EUR, GBP
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount 5 USD/EUR/GBP
Currency USD, EUR, GBP
Fees / Commissions 3 USD / 2 EUR / 2 GBP
Processing Time 24 Hours
Minimum Amount NA

This payment method is available to all clients with a Mastercard debit or credit card. Please make sure you read the full instructions to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR, GBP USD, EUR, GBP
Fees / Commissions No Commission 3 USD / 2 EUR / 2 GBP
Processing Time Instant 24 Hours
Minimum Amount 5 USD/EUR/GBP NA
Currency USD, EUR, GBP
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount 5 USD/EUR/GBP
Currency USD, EUR, GBP
Fees / Commissions 3 USD / 2 EUR / 2 GBP
Processing Time 24 Hours
Minimum Amount NA

This payment method is available to all clients with a Maestro debit or credit card. Please make sure you read the full instructions to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR, GBP USD, EUR, GBP
Fees / Commissions No Commission 3 USD / 2 EUR / 2 GBP
Processing Time Instant 24 Hours
Minimum Amount 5 USD/EUR/GBP NA
Currency USD, EUR, GBP
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount 5 USD/EUR/GBP
Currency USD, EUR, GBP
Fees / Commissions 3 USD / 2 EUR / 2 GBP
Processing Time 24 Hours
Minimum Amount NA

This payment method is available to all clients with a Google Pay account. Please make sure you read the full instructions to make your transaction correctly.
Deposit Withdrawal
Currency GBP, USD, EUR -
Fees / Commissions No Commission -
Processing Time Instant -
Minimum Amount - -
Currency GBP, USD, EUR
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount -
Currency -
Fees / Commissions -
Processing Time -
Minimum Amount -

This payment method is available to all clients who have a GlobePay wallet. Please make sure you read the full instructions in MyFXTM to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR, GBP, PLN, CZK USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission No Commission
Processing Time Instant 24 Hours
Minimum Amount 1 USD/EUR/GBP/PLN/CZK 1 USD/EUR/GBP/PLN/CZK
Currency USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount 1 USD/EUR/GBP/PLN/CZK
Currency USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount 1 USD/EUR/GBP/PLN/CZK

This payment method is available to clients who have a Skrill account. Please make sure you read the full instructions in MyFXTM to make your transaction correctly, and contact your Account Service Manager to find out more about the benefits of being in the Skrill VIP Program.
Deposit Withdrawal
Currency USD, EUR, GBP, PLN, CZK USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission No Commission
Processing Time Instant 1 Business Day
Minimum Amount - -
Currency USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount -
Currency USD, EUR, GBP, PLN, CZK
Fees / Commissions No Commission
Processing Time 1 Business Day
Minimum Amount -

This payment method is available to clients who have a PayRedeem account. Please make sure you read the full instructions in MyFXTM to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR USD, EUR
Fees / Commissions No Commission No Commission
Processing Time Instant 24 Hours
Minimum Amount 50 USD/EUR 50 USD/EUR
Currency USD, EUR
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount 50 USD/EUR
Currency USD, EUR
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount 50 USD/EUR

This payment method is available to clients who have a Perfect Money account. Please make sure you read the full instructions in MyFXTM to make your transaction correctly.
Deposit Withdrawal
Currency USD, EUR USD, EUR
Fees / Commissions No Commission 0.5%
Processing Time Instant 24 Hours
Minimum Amount - -
Currency USD, EUR
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount -
Currency USD, EUR
Fees / Commissions 0.5%
Processing Time 24 Hours
Minimum Amount -

This payment method is available to clients who have a Neteller account. Please make sure you read the full instructions in MyFXTM to make your transaction correctly, and contact your Account Service Manager to find out more about the benefits of being in the Neteller VIP Program.
Deposit Withdrawal
Currency USD, EUR, GBP, NGN, INR USD, EUR, GBP, NGN, INR
Fees / Commissions No Commission No Commission
Processing Time Instant 24 Hours
Minimum Amount USD 5 1 USD/GBP/EUR/NGN/INR
Currency USD, EUR, GBP, NGN, INR
Fees / Commissions No Commission
Processing Time Instant
Minimum Amount USD 5
Currency USD, EUR, GBP, NGN, INR
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount 1 USD/GBP/EUR/NGN/INR

This payment method is available to all clients whose bank accepts wire transfer transactions with our banks. Please make sure you read the full deposit and withdrawal instructions in MyFXTM. At the moment, we don’t allow withdrawal to virtual or app-based banks.
Deposit Withdrawal
Currency GBP, USD, EUR EUR
Fees / Commissions No Commission 30 EUR
Processing Time 3 – 5 Business Days 24 Hours
Minimum Amount NA NA
Currency GBP, USD, EUR
Fees / Commissions No Commission
Processing Time 3 – 5 Business Days
Minimum Amount 10
Currency EUR
Fees / Commissions 30 EUR
Processing Time 24 Hours
Minimum Amount NA

When an account has been deemed inactive (no trading activity) for a period of 6 months, we will apply an inactivity fee of 5 EUR/ USD/ GBP. This inactivity fee is applied every month, until the balance is completely depleted.

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.

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 disruption of service in the system of the payment processor.

All back office transfers are processed during standard business hours, i.e., 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/debit card deposits. If this affects you, please choose another option, or contact your Account Service Manager for help.

For more information about transfers between your trading accounts please see our FAQ section below.

Deposit information

  1. We do not accept payments from third parties. The name of the Sender must match the name registered with FXTM.
  2. The details you enter/select on the provider’s website should match the details entered/selected in your MyFXTM deposit page. Please note that in case these details differ, you may experience a payment processing delay.
  3. The exchange rate to local currency might change from time to time according to the local provider or local bank rates.
  4. All transactions sent in a currency that differs from the currency of your account will be automatically converted at the  FXTM conversion rate.
  5. 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.
  6. If a transaction is made in a currency that is not supported (please check the relevant tables for supported currencies), your deposit will be converted to the supported currency of your choice. Please note that the provider may charge a conversion fee.
  7. Our conversion rates are updated daily.
  8. The deposit fee will be subtracted from the deposited amount. Please check the table above for Fees/Commissions.
  9. Please check the table above for FXTM’s processing times with regards to deposits.

  Withdrawal information 

  1. Payments to third parties are not accepted. The name of the Receiver must match the name registered with FXTM.
  2. If you wish to withdraw your initial deposit, you have to use the same source of funds from which you originally deposited.
  3. Any generated profits following your initial deposit can be withdrawn by any other  Payment method available to you.
  4. 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.
  5. In the event that 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 in MyFXTM (login required).
  6. Our conversion rates are updated daily.
  7. The withdrawal fee will be subtracted from the amount withdrawn. Please check the relevant table for Fees/Commissions.

JOIN US

To see all available payment methods in your country, register or log in to MyFXTM. Alternatively, have look at our FAQs below.

How to make a deposit in 4 simple steps

How to make a withdrawal in 4 simple steps

FREQUENTLY ASKED QUESTIONS

We offer a wide variety of payment methods including credit and debit cards, e-Wallets, bank wire transfers and local payment solutions.

We accept payment methods from hundreds of countries. Register or log in to MyFXTM to see the available methods in your region.

The limits for these are set by each individual payment provider. You can find the minimum and maximum for each method in MyFXTM.

You can withdraw as much as like, as you long as you use the same payment method that you used to deposit with. A quick note here – if you still 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. You can calculate this amount here.

Scroll further up the page – we’ve broken it right down for you in 4 simple steps. Let us know if you need a hand with this.

Yes, absolutely. Apart from making external withdrawals and deposits between MyFXTM and your bank or online payment system, you can make internal transfers between your FXTM trading accounts or wallets. Here’s how:

  1. Please login to dashboard area.
  2. Click on ‘My Money’ in the left hand Menu, and then select ‘Internal transfers ’.
  3. Please select account, you want to make internal transfer from.
  4. Add amount.
  5. Choose Deposit to account.
  6. Confirm.
  7. You can view the status of your transfers at ‘My Money’ → ‘Transaction History’

      Transfer conditions

      Processing Time: Transfers are instant so it should take no more than a few minutes for the new balance to appear in your accounts. In the unlikely case that you experience a delay in your transfer, please contact us and we will see to the issue as soon as possible.

      Commission: None.

      Please take the following points into consideration when you make a transfer between your trading accounts:

      1. ForexTime (FXTM) cannot transfer funds to third party trading accounts, but only between accounts registered in your name.
      2. Transfers cannot be made in any currency other than EUR, GBP, USD and NGN (only for Nigeria residents). You can find daily updates of our conversion rates in MyFXTM.