You will be redirected to log into your online banking account to authorize the payment and the requirements may vary by bank.
Minimum deposit amount is PHP 2,500 and maximum deposit amount is PHP 250,000.However, the transaction limits may differ based on the bank you select. Please read your bank’s online banking instructions carefully.
Local Bank Transfer will be received by FXCM in USD and the local currency (PHP) equivalent amount will be debited from your bank account.
Funds will typically be credited into your trading account within one day of receipt on business days.
Since FXCM receives a USD deposit but you are paying in local currency (PHP) from your bank account, the service provider will convert your local currency (PHP) to USD prior to sending the funds to FXCM. The deposit conversion rate is displayed on deposit submission page.
No, withdrawal through Local Bank Transfer is currently not available. Please choose an alternative withdrawal method in MyFXCM.
Please note that if your account is set up under Trust or Superannuation structure, the LEI you provide to FXCM should be the LEI for your corporate trustee (i.e. the company).
For a Trust or Superannuation with individual trustee(s), you do not need to provide an LEI.
IMPORTANT: If you are holding corporate or trust/superannuation account(s) with Australia Pty. Limited (FXCM), you are required to provide a Legal Entity Identifier (LEI) to FXCM by 12:00 AM Australian Eastern Daylight Time (AEDT) on 21st March 2019. If a…
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No. LEI is not applicable to individual account. If you have any further questions, please contact one of our specialists, who are available 24 hours a day, by live chat or by e-mail at support@fxcm.com.au.
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Yes. FXCM is required to collect and report the LEI of all legal entities (e.g. a corporation, partnership or trust) who trade with us. Therefore, regardless of whether your entity is incorporated in Australia, an LEI is required. If you…
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If a valid LEI is not provided to FXCM by 12:00 AM AEDT on 21st March 2019, any open positions on your corporate or trust/superannuation account(s) will be automatically liquidated after 8:30 PM AEDT on 22nd March 2019. On and…
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Please provide your LEI via this form. Please list your LEI number, the name of your entity/account name, your FXCM account number, and the email address on file with FXCM. If you have any further questions, please contact one of…
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