Deposits:

  • Source of Deposits: Clients are required to deposit funds from a single source, such as a designated bank account.
  • Account Holder Details: Clients are required to deposit funds from a single source, such as a designated bank account.
  • SWIFT Confirmation: Authenticity of a SWIFT confirmation is verified by sending it to FX MASTERS to confirm the origin of funds for trading.
  • Processing Time: Deposits via Bank/Wire Transfer may take 3-10 business days to reflect in your trading account.
  • Dormant Accounts: Accounts inactive for six (6) months will incur a 5% deduction each month as a Dormant Fee.

Withdrawals:

  • Method: Withdrawals must be processed to the same bank account or credit/debit card used for deposits.
  • Currency: Withdrawals are typically processed in the same currency as the respective deposit.
  • Fees: Withdrawals may incur processing and handling fees, as detailed in the fees schedule available on FX MASTERS.
  • Alternative Payment Methods: Additional fees and restrictions may apply for withdrawals or deposits made via alternative payment methods.
  • Withdrawal Form: Clients must complete and sign a withdrawal form available on the website’s client area. Compliance documentation approval is required for processing withdrawals.
  • Minimum Withdrawal: Minimum withdrawal limits apply based on the withdrawal method used.
  • Non-Deposited Funds: Bonuses and incentives are considered Non-Deposited Funds and are subject to specific conditions for withdrawal.
  • Minimum Trading Volume: Bonuses are withdrawn upon meeting the Minimum Trading Volume requirement.

Fees:

  • Transaction Fees: Withdrawals will be charged a transaction fee as follows:
  • Wire Transfers: 1.00 USD/GBP/EURO
  • Credit Cards: 5.00 USD/GBP/EURO plus a processing fee of 1.00 USD/1.00 EUR/1.00 GBP
  • ePayments: 5.00 USD/GBP/EURO
  • Zero Fee for Crypto Transfers: Withdrawals or deposits via Crypto Transfers incur zero fees.
  • Levy for Low Activity Accounts: A levy of 1% of the withdrawal amount will be charged to any withdrawal from an account with low activity.
  • Minimum Withdrawal Amount: Minimum withdrawal for wire transfers is 500.00 USD/GBP/EURO, while minimum withdrawal for any other method is 10.00 USD/GBP/EURO.

Processing Time:

  • Credit Card/Bank Transfers: Withdrawal processing times vary but usually take up to five business days. Longer processing times may apply for bank transfers.
  • Processing Period: Withdrawal requests are generally processed within 4-7 business days upon receipt.
  • Note: Any inaccuracies in submitted withdrawal requests are the responsibility of the account holder.
  • Credit Card Release: Funds are released to the client’s credit account after debiting from the company’s account, which may take up to 5 business days or longer to reflect on the client’s credit card account balance.
  • Additional Charges: Additional fees imposed by intermediary banks may apply for wire transfers.

Currency:

  • Account Currency: Accounts may comprise different currencies, subject to exchange rate conditions and FX MASTERS’s discretion.
  • Currency Conversion: Funds in currencies other than the account’s base currencies (USD, Euro, GBP) will be converted at prevailing exchange rates.

Additional Conditions:

  • Regulatory Compliance: The policy may be subject to additional conditions or requirements to comply with regulations and policies, including those concerning money laundering prevention.
  • Terms and Conditions: Usage of the site and services is subject to the Terms and Conditions set by FX MASTERS.

For any queries regarding policy matters, please feel free to contact us.

ENGLISH
Scroll to Top