Risk warning: Trading Forex can generate great profits as well as great losses for you. It’s good practice to never invest more that you are willing to part with as it is possible to lose more than your initial investment. If you do not have enough experience to trade, we suggest you seek independent advice before you invest. Remember… time is money, invest it wisely.
 

MONEYBOOKERS (SKRILL) DEPOSITS

How to Make a Deposit to Your Forex Time (FXTM) Account

  • 1
    In the upper menu in MyFXTM, select "Fund Deposit". In the form that opens up, ensure that you have selected "Fund Deposit" as the "Transfer Type". Choose the trading account you wish to make your deposit to and select "Moneybookers (Skrill)" as the "Transfer Method". In "Transfer Currency", choose the currency that your account is denominated in, enter your desired deposit amount and click "Confirm".
  • 2
    Once you have checked that all your information is correct, click "Submit". Once you click submit you will then be redirected to the Moneybookers (Skrill) site and will be asked to submit your Moneybookers (Skrill) login details. If you don’t have an account, you can register for one on the Moneybookers (Skrill) site.

    Already have a Moneybookers (Skrill) account?

    Just enter your login details (email and password) and submit your transfer.

    Don’t have a Moneybookers (Skrill) account?

    In the redirected Moneybookers (Skrill) window, enter all the data required to register for an account. If you’d like to use your debit/credit card please upload it to your Moneybookers (Skrill) account and deposit funds to your e-wallet. Forex Time (FXTM) can then accept funds from your e-wallet.
  • 3
    You can view your deposit status in your MyFXTM History.

Deposit Conditions

Processing Time:

  • Given that the procedure has been followed correctly, processing time is usually a few hours. If we need to double check the information you have submitted, there may be a small delay.

Commission:

  • The commission is 1.8% of the deposit amount and a fixed rate of 0.25 for EUR, and 1.8% of the deposit amount and a fixed rate of 0.35 for USD.

Important Information

When you are making your deposit, please keep the following points in mind:

  • We cannot accept third party deposits. We can only accept funds from your e-wallet. To transfer funds using your credit/debit card please deposit them to your e-wallet first and then create a deposit request in MyFXTM using your login details.
  • The name and email address you have registered with Moneybookers (Skrill) must be the same as the ones you have registered with Forex Time (FXTM). If you used a different email address when registering with Moneybookers (Skrill), you will have to list this as an additional email address in the "Your Details" section in MyFXTM and specify which email you use for Moneybookers (Skrill).
  • If the residential address you have provided in Moneybookers (Skrill) is different to the one you have provided in MyFXTM, we may ask for an explanation for this by requesting confirmation of the second address you have provided (a utility bill or bank statement).
  • There is no minimum deposit amount per transaction. The maximum deposit amount is 10,000 EUR/USD per transaction.
Please Note:
  1. Deposits can only be made in EUR and USD.