PayRedeem

CurrencyUSD, EUR
Fees / CommissionNo Commission
Processing TimeInstant
Minimum Deposit50 USD/EUR

How to Make a Deposit to Your FXTM Account

  1. Please click on “My Money” section on the left side of your MyFXTM menu. You will see a drop-down menu. Select “Deposit Funds”.
  2. Please select PayRedeem from the deposit methods.
  3. If you already have a purchased eCard, please enter the PIN code and complete deposit. 
  4. If you need to buy a eCard, please complete Deposit form in MyFXTM and click ‘Buy eCard’.
  5. You will then be redirected to provider’s portal where you will need to register/login and follow instructions in order to buy your eCard.
  6. Once you purchase the eCard and receive your eCard PIN, please enter it in PIN code field in MyFXTM deposit page and complete deposit.

Important Information

When you are making your deposit, please keep the following points in mind:

  1. Payments from third parties are not accepted. The name of the Sender must match the name registered with FXTM.
  2. All transactions sent in a currency that differs from the currency of your account will be automatically converted at the FXTM conversion rate.
  3. 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.
  4. In the event that your trading account and deposit 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).
  5. Our conversion rates are updated daily.
  6. The deposit fee will be subtracted from the deposited amount. Please check the table above for Fees/Commissions.
  7. Please check the table above for FXTM’s processing times with regards to deposits.
  8. The minimum amount per transaction is USD/EUR 10. 
CurrencyUSD, EUR
Fees / CommissionNo Commission
Processing Time24 hours

How to Withdraw Funds from MyFXTM account

  1. Log in to your MyFXTM account, select "Withdraw funds" which can be found on the side menu under “My Money.” 
  2. In “E-Wallets” section, click the “Withdraw” button, next to PayRedeem option, to request a withdrawal.
  3. Follow the instructions on the form, complete the Fund Withdrawal form with the requested details and confirm the withdrawal. 
  4. Read the Terms and Conditions on the right of the page. Once you are ready to proceed, click "Confirm".
  5. You will then receive a 4-digit payment password via SMS and at the email address that’s associated with your MyFXTM account. Please check your Spam/Junk folder if you do not see the email in your Inbox. Enter this password in the required field on the withdrawal confirmation page, and click "Submit".
  6. That’s it! You can now track the progress of your transfer through your MyFXTM account. On the side menu in the “My Money” drop-down menu, click on “Transaction History.” You can track all deposits and withdrawals that are still pending completion.
  7. As long as the status of your withdrawal appears as "Processing" in this section, it means that your request has been accepted and is pending completion. When the status changes to "Funds sent" (usually within 1 business day of your initial request) it means that the funds have been sent to your PayRedeem account.

Important Information

When making a withdrawal, please keep the following points in mind:

  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 table above for Fees/Commissions.
  8. Please check the table above for FXTM’s processing times with regards to withdrawals.
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FXTM brand is authorized and regulated in various jurisdictions.

Exinity UK Limited (www.forextime.com/uk) with registration number 10599136 and registration address at 1 st. Katharine's Way London, England, E1W 1UN, UK is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295.

Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the FXTM brand based on the legal requirements in his/her country of residence.  Please read FXTM’s full Risk Disclosure.

Regional restrictions Exinity Limited does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic People's Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, Russia and India. Find out more in the <a href="/about-us/fxtm-faq">Regulations</a> section of our FAQs. Find out more in the Regulations section of our FAQs.

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Risk warning: Trading is risky. Your capital is at risk. Exinity Limited is regulated by FSC (Mauritius).