Fund Transfers, Withdrawals, and Fees
TRANSFERS
Option 1 - Credit Card Funding
Transferring trading funds using your credit card is likely the easiest of the three methods to transfer trading funds. There are no charges or fees for use of credit cards to fund your account. To deposit using a credit card now, click here.
Option 2 - Bank Wire Transfer
Step 1. Instruct your bank to transfer funds for your account.
Please wire funds in USD to the following account: click here
Your wire transfer to FXYARD will not incur any service charge. Furthermore, if you chose to withdraw funds via wire transfer, as a Standard account holder, you will not incur any charges. For Super-Mini accounts, a $25 charge will be incurred for international USD wire transfers.
Bank Service Charge: this varies depending on the number of intermediary banks involved in the transfer and is outside of our control. For example, if you do not take care of the service charges when wiring the funds, the receiving bank may deduct a service charge directly from the incoming funds. This is a bank service charge and is not applied by FXYARD.
Processing Time: In general, international wire transfers take between 2-5 business days to be deposited into FXYARD's customer trust account.
Once the funds have been received, they will be credited to your FXYARD account within one business day (provided there are no pending issues with your FXYARD account).
WITHDRAWALS
To pull funds from your account can be done in 2 simple methods:
- Credit Card Withdrawals
- Wire Transfer Withdrawals
To withdraw your funds simply: click here
For Credit Cards:
You will be able to withdraw up to your deposited sum via the same card you deposited your funds from. If you choose to withdraw more than your deposited sum to you credit card, we will be obligated to do so via wire transfer for any amount beyond the above said sum. Credit Card withdrawals will incur a charge of $10.
For Wire Transfers:
To withdraw your funds by wire simply click here. You can withdraw to the same account from which your deposit was made at any time. Standard accounts enjoy the fact that NO CHARGE will be incurred for wire transfers. Super-Mini account would pay $25 only for such withdrawals.
Bank Service Charge: this varies depending on the number of intermediary banks involved in the transfer and is outside of our control. For example, if you do not take care of the service charges when wiring the funds, the receiving bank may deduct a service charge directly from the incoming funds. This is a bank service charge and is not applied by FXYARD.
Processing Time: withdrawal processing time will be no less than 3 days from the moment we receive your request until the processing is complete.
FEES
FXYARD accounts incur no extraneous fees so long as the account is deemed active and by active an account will have no activity at any level at no point for more than 1 quarter (3 months) and funds within said account comprise a sum total of no more than $300. If at any point an account is thus deemed inactive, said account will be charged a Service and/or Maintenance fee of $5 per month for so long as the account is thereafter held at FXYARD.
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