How can I make a transfer from my wallet to a Transit account (Local Transfer)?

Submitted by Bhupesh.Belchandan on
How can I make a transfer from my wallet to a Transit account (Local Transfer)?
  1. Go to the Withdraw Funds page of the ‘My Money’ section in MyFXTM.
  2. Select the IB Transfer payment method and click ‘Withdraw’.
  3. Select the wallet or trading account you would like to withdraw from and deposit to and specify the amount. Then click ‘Confirm’.
  4. 'Select reason for withdrawal and click 'Confirm'.

Are there any restrictions/limits to internal transfers?

Submitted by Bhupesh.Belchandan on
Are there any restrictions/limits to internal transfers?
  • You can only make internal transfers between your own trading accounts
  • Transfers can only be made in the currency of those accounts.
  • There are no minimum/maximum limits to internal transfers.
  • If you have a bonus on the account, then according to the Terms and Conditions of the bonus we may have to cancel it. If this is the case, we will send an email asking you to confirm if you want to proceed with your request.

I’m withdrawing via China Union Pay, are there any more steps I should follow?

Submitted by Bhupesh.Belchandan on
I’m withdrawing via China Union Pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

  • Bank name
  • Bank account number
  • Province and City
  • Your name (this should be written in Chinese characters)
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