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How do I deposit funds into my trading account?
Deposits can be made via the client portal. Methods can be chosen by clicking on the ‘Deposit Funds’ tab. Please note that deposits can take up to 24hrs to be processed depending on the method used. Bank Wire transfers can take up to 3 working days depending on the bank.
You are able to withdraw funds if you have open positions on your platform. Please note that your free margin must exceed the amount specified in the withdrawal instruction, including all payment charges. You will not be able to make a request if you have insufficient funds.
Unlike 20 years ago, trading currencies no longer costs a ton of money. Nowadays, when compared to trading stocks, options or futures, trading forex requires the minimum investment. FXFellow offers trading accounts with a minimum deposit as low as $500.
The extra amount that was removed from your MT4 account is part of the bonus you have received when you deposited. Whenever you make a withdrawal, a proportion of the welcome bonus is removed relative to the amount you deposited and requested withdrawal.
Profits made from trading can be withdrawn only via bank wire. You can receive your initial deposit via the payment method initially used and then all excess funds (profits) will be sent to your bank account. In order for the above to take effect, you need to apply for a bank withdrawal from your client portal.