FXTM’s FAQs – Page 11 – Hercules.Finance

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Are transfers between Directors' accounts and corporate account possible?

If the funds are deposited through the shareholder’s personal bank account then: If you are the sole shareholder: The deposit can be processed but the withdrawal must be sent back to your personal bank account and not the corporate ac...

FXTM

Can I deposit to MT4 using a joint account? Can that be a problem?

Yes,you can do that with FXTM. In this case, you will need to firstly upload or email FXTM the following: Joint Account Form Account holders’ identification (ID) documents A recent copy of a Bank Statement clearly stating the ...

FXTM

How long does it takes to process my deposit for my MT4 accounts? How about on weekends?

Details on the processing time for each payment method can be found on the Deposits and Withdrawals page of FXTM official website. If FXTM needs to request and verify additional information then the processing time might be longer. ...

FXTM

List and Condition of FXTM's all Deposit and Withdrawal methods

List of available fund deposit and withdrawal methods for FXTM's trading accounts.

FXTM

What is Wallets and PMC Wallets? How much are the fees for using this service?

Wallets are created automatically when you open a MyFXTM account and can be used to make deposits, withdrawals and internal transfers to and from your trading accounts in different currencies, or to invest. FXTM reimburses 100% of any...

FXTM

What are the currency conversion rates for my deposits/withdrawals?

Transactions in USD, EUR, GBP and NGN are processed without conversion. Transactions in currencies listed on the website will be converted as per the FXTM exchange rate table. Transactions in any other currency will be converted as...

FXTM

How does my leverage affect my Investment Account if Strategy Manager’s leverage is higher than mine?

If your current leverage is equal to, or above, your Strategy Manager’s leverage, your account will continue to operate normally. If your leverage is at least 50% of your Strategy manager’s, you can continue operating in Safe Mode - m...

FXTM

How does the Appropriateness Test affect my Leverage option for MT4 accounts?

The lowest you can receive is 1:25. However you can request leverage up to 1:10 or even 1:1 if you wish to do so. The maximum leverage is 1:500 for all regions, depending on your knowledge and experience, except Poland which is 1:100....

FXTM

How can I prepare for the Appropriateness Assessment? Can I retake it?

FXTM's educational section offers a variety of educational material that can help you get a better understanding of Forex and CFD products, as well as the risks involved in trading. You may visit the official website to find out and u...

FXTM