Depositing Funds
FAQs
Bank Wire
To whom should the wire be sent?
Wire transfers in USD should be sent to Forex Capital Markets.
How long will it take for my wire to arrive?
Domestic wires take anywhere from 1 to 2 business days to arrive. International wires arrive in 3 to 5 business days.
How long will it take for a wire deposit to appear in my trading account?
Like official checks, wire transfers will be deposited into your trading account upon receipt.
May I send a wire drawn on someone else’s account?
No. FXCM may not make nor receive any payment via a third party – We can neither guarantee the receipt, nor the return of such payments.
Can I send wire transfers in foreign currency?
For USD denominated accounts, FXCM accepts funds in multiple currencies. If you send foreign currency to our USD Account, the bank will automatically convert it to US Dollars at an exchange rate specified by them, which will not necessarily be favorable.
See also: Funding in a foreign currency
How do I fund a Non-USD denominated account?
Non-USD denominated accounts must be funded via wire transfer, preferably in the currency denomination of the account. If you do not plan to wire funds in the denomination of your desired trading account, please contact FXCM's operations department. |
