Transactions may fail due to several reasons, such as: - You may have entered a deposit amount at bank which is different from the amount listed in payment instruction email. - Payment validation is incomplete. - The online banking service…
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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.
Yes, however the account name with NETELLER must match the corporate name with FXCM.
Yes, if you have funded via NETELLER you may withdraw via NETELLER. Please log in to MyFXCM.com to then click on ‘Withdraw’ to view instructions on how to submit a NETELLER withdrawal request.
FXCM does not charge clients a processing fee for deposits initiated via NETELLER.
FXCM clients can deposit USD. All transactions are automatically converted to the base currency of your trading account. You may incur additional fees charged by your bank, credit/debit card issuer, or NETELLER for currency conversion.
Funds will typically be credited into your trading account within 1 business day.