We offer several ways for you to get your account funded. There are no fees for making a deposit and you are free to withdraw your funds at any time. Clicking on any of the funding option logos will bring up details about how to fund using that option.
Clients may send funds to FXDD using PayPal services as an alternative to sending a wire transfer or check. Services provided by PayPal are independent of FXDD, as PayPal is not an affiliate or subsidiary of FXDD. Furthermore, using PayPal as a means of transferring funds is only at the discretions of the individual customer. FXDD does not endorse or recommend usage of PayPal over any other form of payment. FXDD will credit the customer's trading account within 3-4 business days of receiving confirmation of the customer's PayPal transaction.
Customers may only fund an account with FXDD once the account is approved and an email with an FXDD account number has been received. Any payments sent to FXDD must match the customer's name and account number held at FXDD, in accordance with the acting financial regulations and the Patriot Act. FXDD does not accept third party payment and neither executes third party payments, nor guarantees the receipt or the return of such payments.
Transactions are limited to a minimum of USD $100 per transaction and maximum of USD $5,000 a day.
Fund your Account with PayPal
To read more about PayPal services and policies, please read the instructions and the disclosures posted on the PayPal Website thoroughly: www.paypal.com. FXDD recommends that all policies and procedures regarding transfer, fees, etc. are clearly understood by the customer prior to opening an account with PayPal or prior to using their services.
* Only accounts funded through Paypal can be redeemed through Paypal
Given the possibility of a client losing their entire investment, speculation in the foreign exchange market should only be conducted with risk capital funds that if lost will not significantly affect your financial well-being.
Wiring of funds is the preferred and the quickest way to transfer funds. Please allow 1-2 days business days for the funds to be credited to the customer's account.
(1) KeyBank National Association (17 Corporate Wood Blvd., P O Box 1440, Albany, New York 12201)
ABA Number: 021-3000-77
Account Number: 329-68106-5788
Swift Code: KEYBUS33
Account Name (Beneficiary): FXDirectDealer, LLC
Special Instructions: (Please specify your name and FXDD account information here)
(2) JPMorgan Chase Bank, N.A.(1 Chase Manhattan Plaza, New York, NY 10081)
ABA Number: 021000021
Account Number: 066654637
Swift Code: CHASUS33
Account Name (Beneficiary): FXDirectDealer, LLC
Special Instructions: (Please specify your name and FXDD account information here)
Checks should be sent to our New York office at the following address:
FXDD
7 World Trade Center
32nd Floor
New York, New York 10007
Attention: Customer Accounts
FXDD does not assume responsibility for checks that are sent by the mail, nor does FXDD consider funds available for trading until they have been deposited, cleared and credited to the customer's account. This process generally takes 5 business days from the time the check is received.
FXDD is prohibited from accepting cash or cash equivalents (e.g., money orders and traveler checks). FXDD cannot accept personal checks from an individual that is NOT listed on the account. For example, if Joe Smith has an account with FXDD, Jackie Smith cannot send in a check under her name to FXDD to fund Joe Smith’s account.
Broker Processing Service, is a company that facilitates electronic transfers and reconciliation of investment funds specifically tailored to the financial services industry. BPS centralizes the transfer process for all counterparties. The investor and brokerage firm have one point of access for all transfers thereby reducing time and cost spent in cash management. All transfers occur in real time and provide all parties critical information on the date, amount, status and brokerage account for all transfers.
All redemption request will be returned the way the funds were received.
FXDD does not accept 3rd party deposits.
PayPal transactions are limited to a minimum of $100 per transaction and maximum of $5,000 a day.
ClickandBuy transactions are limited to a minimum of $100 per transaction and maximum of $2,500 a day. You will be required to verify the status of your account with ClickandBuy to deposit higher amounts (maximum $10,000).
You are free to withdraw any funds you deposit, at any time, 24 hours a day, 7 days a week*.
FXDD does not assume responsibility for funds that are sent via the mail, nor will they consider funds available for trading until they have been deposited, cleared and credited to the customer's account.
Please allow checks by mail 5-10 days for funds to clear and be credited to the customer's account from the date of receipt.
Please allow bank wires 1-2 business days for the funds to be credited to the customer's account.
If you are having trouble with a deposit, please call us 24-hours a day (5 p.m. ET on Sunday to 4 p.m. ET Friday) at 1-866-367-FXDD (for numbers outside North America, please call +1.212.791.3933), and an FXDD representative will be happy to help you.
Restrictions prohibit FXDD from accepting cash or cash equivalents such as money orders, travelers checks or personal checks in the name of an other individual that is different from the account applicant (a third party).
FXDD only accepts deposits in USD.
NOTE: An individual who is part of a joint account may deposit funds into that account. However, the funds from the joint account, regardless of whom they were deposited by or which means were used to fund the account, must be returned to the joint account holders in both names and not individually. All customers funding accounts from a pay pal account may not change the name in their pay pal account. The name on the pay pal account must match the name on the customer account.
Restrictions prohibit FXDD from accepting cash or cash equivalents such as money orders, cashiers checks, travelers checks or personal checks in the name of an other individual that is different from the account applicant (a third party).
* Customer's may submit their redemption requests 24/7. Please note our accounting department is available from 9 a.m. ET to 5 p.m. ET Monday - Friday.
You may check FXDD's registration and that of its Associated Persons by visiting the NFA's Background Affiliation Status Information Center (BASIC) at www.nfa.futures.org.
*During normal market conditions. The spreads are not fixed and may fluctuate with market volatility. Click here to see our spread chart.