Trading on the Forex/CFD market is associated with a high level of risk

DEPOSITS

Deposit of Funds

To deposit funds into your FxNet trading account, first you need to login to the Members Area, click on the ‘Funds’ option and choose ‘Deposit Funds’. Then you will be able to select your preferred payment option and you will receive clear instructions about the necessary steps and details.

Time Restraints

The amount of time required for your funds to be credited to your trading account depends on the payment method chosen by you to make a deposit. Bank transfers may take up to 5 working days, while credit card payments and deposits done via e-wallets are usually instant.

Conditions

1. FxNet does not accept any third-party deposits, which means that to make a deposit to your trading account, you have to use a credit card registered under your name and/or deposit via bank transfer from the bank account that belongs to you, and/or use an e-wallet that is open under your name.

2. If you are depositing funds in a different currency than the base currency of your trading account, the transfer amount will be converted into your account’s base currency at the FxNet prevailing exchange rate.

WITHDRAWALS

Withdrawal of Funds

To withdraw funds from your FxNet trading account, first you need to login to the Members Area, click on the ‘Funds’ option and choose ’Withdraw Funds’. Then, you will be able to select the amount you wish to withdraw from your trading account.

Time Restraints

Upon receiving your withdrawal request, we will proceed with the payment either on the same day or on the next working day (depending on the time you placed your request). Please keep in mind, however, that the time needed for your funds to reach you may vary, as it depends on your selected payment method.

Conditions

1. If you have any open positions at the moment you place a withdrawal request, we will proceed with this request only if the withdrawal of funds from your account does not cause the margin level to drop below 100%.

2. Withdrawals / refunds will be processed in the currency of the original deposit. In case that the account currency differs from the withdrawal/refund currency, the transfer amount will be converted into the transfer currency at the FxNet prevailing exchange rate.

Important Notice:

Transfer fees may be charged by certain payment providers, however under no circumstance any commissions for deposits and/or withdrawals is charged by FxNet.

See table below to find more information regarding the commission charged by the payment providers:

Payment Methods Information
Method Currencies Deposit
Commission
Deposit
Processing Time
Withdrawal
Commission
Withdrawal
Processing Time
SWIFT EUR,USD,RUB Bank charges 1-5 Business Days Bank charges Up to 3-5 Business days
FUND
HERE
VISA & MASTERCARD EUR,USD,RUB Up to 3% Instant Up to 3% Up to 3-5 Business days
FUND
HERE

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