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FXCM deposits and withdrawals

Review available payment methods, currencies, processing information, fees, limits and reported withdrawal issues.

Also known as Forex Capital Markets

Regulated
Editorial score
8.0/10How we scored FXCM
User rating
No user ratings yet
Country
United Kingdom
Established
Established 1999
Website
fxcm.com
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FXCM may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.

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Review available payment methods, currencies, processing information, fees, limits and reported withdrawal issues.

Deposits and withdrawals

Available funding methods include Visa, Mastercard, bank transfer, Skrill, Neteller and regional electronic payment methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Usually processed within 1-2 business days; settlement depends on method, against Cards/e-wallets generally instant; bank wire typically 1-5 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, credit/debit card, skrill, neteller and applicable original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $50 for bank wire; lower/no minimum for some electronic methods - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods
Visa, Mastercard, bank transfer, Skrill, Neteller and regional electronic payment methods
Withdrawal methods
Bank transfer, credit/debit card, Skrill, Neteller and applicable original funding methods
Deposit time
Cards/e-wallets generally instant; bank wire typically 1-5 business days
Withdrawal time
Usually processed within 1-2 business days; settlement depends on method
Deposit fee
None internally for standard methods
Withdrawal fee
Card withdrawals generally free; bank-wire fees may apply
Minimum withdrawal
$50 for bank wire; lower/no minimum for some electronic methods
Local payment methods
Jurisdiction-specific bank transfer and electronic payment methods

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Account terms may differ by entity and country.

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