How To Fund Your Forex Account

Table of contents:

How To Fund Your Forex Account
How To Fund Your Forex Account

Video: How To Fund Your Forex Account

Video: How To Fund Your Forex Account
Video: Step by step guidance to register , fund and withdraw money from trade account. 2024, December
Anonim

To start working on the Forex market, you need to enter money into the system. A multicurrency account appears automatically after registration in the system, its status can be monitored through the "Personal Account". There are many ways to fund your account, which differ mainly only in terms of transaction time and commission.

How to fund your Forex account
How to fund your Forex account

It is necessary

  • - Forex account;
  • - money in cash or electronic form.

Instructions

Step 1

Bank transfer. Payment in this way takes from three to five days, money can be deposited into the account in any current currency: Russian ruble, dollar, euro, etc. Details for making a transfer can be viewed in the "Personal Account". You can send a transfer both through Sberbank of Russia and through any commercial bank. Most importantly, when choosing a bank, pay attention to the percentage for the transfer. Sberbank's commission is 3%, but it is different for commercial banks.

Step 2

Transfer by payment system WebMoney. You can transfer money to your account either directly from your wallet or using a WebMoney card. Unlike a bank transfer, the payment goes through very quickly, within an hour at the most. The commission also pleases - only 0.8%. The only disadvantage of this payment method is that it is long and difficult to transfer really large amounts, especially with a card, the maximum value of which is 5,000 rubles.

Step 3

Credit card replenishment. This method is very convenient for cardholders. You can easily fund your Forex account in this way. Money is accepted from MasterCard, Visa and VISA Electron cards. The transfer takes only a few hours, the commission is 2.5%.

Step 4

Payment through payment terminals. To do this, you will need an account number, which can be found in your "Personal Account". The number is quite long, it is better to write it down carefully so as not to be mistaken. Any terminal is suitable for payment: Qiwi, Eleksnet, etc. You need to select in the terminal menu the function "Other services", "Other services", "Other services" or "Other payments" (depending on the type of terminal), then enter the account number and deposit money. The commission is on average 3-4% of the deposited amount and may decrease depending on how much money you want to send. Money is transferred to the account almost instantly, but if the system is loaded, it can take a couple of hours. Before the money is credited to the account, it is recommended to keep the receipt.

Step 5

Mobile payment. This service is valid only for two mobile providers - MTS and MegaFon. The money is debited from the balance of your phone. To make a payment, you need to select the "Mobile Payments" function in the "Personal Account", there, indicate the amount and your phone number from which the payment will be made. After confirming the payment, an SMS notification will be sent to the specified number, containing the details of the payment and a confirmation code. To make a payment, you must send this code in a reply SMS message, after which the required amount will be debited from the phone balance. The commission for this service is 2.5%.

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