There are no amount restrictions for this deposit method.
Funds will typically be credited to your FXCM trading account instantly. In some cases, there may be a delay of 1-2 business days.
FXCM has waived the transaction fee charged by the service provider for each transaction. However, your bank may charge you for a service fee. Please check with your bank as fees may vary.
Unfortunately, withdrawals are not available through Open Banking at this time. Please login to MyFXCM and choose an alternative withdrawal method.
Open Banking goes through the Open Banking API system. Not all banks have integrated with this method, and as such only participating banks are listed in the choices. If your bank is not listed, then please choose a different deposit…
Clients select Open Banking from the list of deposit methods in MyFXCM. Clients enter preliminary information, and are then given a list of associated banks. After the client chooses their bank, they are redirected to enter their online banking credentials…
Open Banking is for local currencies, which means that the UK can issue payments in GBP, and the EU can issue payments in EUR.