FXOpen Markets supports 4 deposit and withdrawal methods for traders worldwide, featuring electronic wallets and online bank transfers in currencies such as USD, EUR, GBP, AUD, VND, IDR, and THB.
FXOpen Available Deposit and Withdrawal Methods
As discussed in the FXOpen broker review, the platform supports several payment methods for deposits and withdrawals. FXOpen deposit and withdrawal methods Overview:
- E-wallets
- Online Bank transfers
It’s worth mentioning that the broker also offers Visa/MasterCard, wire transfer, Neteller, and Skrill payments in other branches, including FXOpen Ltd (UK), FXOpen EU Ltd, and FXOpen AU Pty LTD.
E-Wallets
E-wallets offer a convenient and often instant way to fund your FXOpen account. Available e-wallet payment methods in FXOpen:
- FasaPay
- Volet
- PayPaid: Only for withdrawals
Online Banking
Key features of FXOpen online banking deposits and withdrawals:
- Minimum deposit commission: 2.19%
- Minimum deposit amount: Varies based on the currency
- Minimum withdrawal commission: 1.6%
These methods offer flexibility for deposits and withdrawals, catering to various trader preferences and needs. FXOpen also claims to provide cryptocurrencies for deposits and withdrawals but doesn’t offer any information about them.
FXOpen Supported Currencies for Deposits and Withdrawals
FXOpen supports multiple currencies for deposits and withdrawals. FXOpen Markets accepted currencies:
- USD
- EUR
- GBP
- AUD
- THB
- IDR
- VND
FXOpen Payment Fees
FXOpen deposit and withdrawal fee structure:
Method | Accepted currency | Deposit commission | Withdrawal commission |
PAYPAID | THB | - | 2% |
FasaPay | USD | Free | 1% |
IDR | |||
Volet | USD | 0.5% | 0.5% |
EUR | |||
GBP | |||
Online Banking | IDR | 2.19% | 1.6% |
THB | 2.19% | 1.6% | |
VND | 3.2% | 2.5% |
The high deposit commission for online banking deposits makes many traders choose e-wallet options.
FXOpen Transaction Processing Time
FXOpen has specific rules regarding the transaction processing times. FXOpen deposit and withdrawal methods processing time:
- Withdrawals submitted before 12:00 (GMT) are processed on the same business day;
- Withdrawals submitted after 12:00 (GMT) or during weekends are processed the next business day;
- Traders should allow 1 hour to transfer the funds before reaching customer support.
TF Expert Suggestion
FXOpen offers a range of payment options, including PayPaid, Volet, FasaPay, and online banking. FasaPay is the most user-friendly option due to its 0% deposit commission and near-instant transaction times.
If you want to learn more about FXOpen Markets features, we suggest reading the articles on FXOpen tutorial page.
