ForexMeta requires a minimum initial deposit of $500 to open a mini account and $5,000 for a standard account. Funds can be transferred to FXDD by a bank wire, check or through PayPal.

• Wire Instructions
• Mailing a Check
• Transfer by Pay Pal
• Transfer by Broker Processing Service (BPS)

Wire Instructions

Wiring of funds is the preferred and the fastest way to transfer funds. Please allow 1-2 days business days for the funds to be credited to the customer's account.

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) 

Mailing a Check

Checks should be sent to our New York Office at the following address:

FXDD
75 Park Place - 4th Floor
New York, New York 10007
Attention Customer Accounts

FXDD does not assume responsibility for checks that are sent via the mail, nor will we consider funds available for trading until they have been deposited, cleared and credited to the customer's account. This 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.

Transfer by PayPal®

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 within the discretions of each 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 their account is approved and they have received an email with an FXDD account number. 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 $100 per transaction and maximum of $5,000 a day.

How to Fund an Account with PayPal:

Step 1:  Enter Your FXDD Account Number (if applicable, type "New" if new account):


Step 2:  Enter Amount:
(USD)

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 using their services.

* Only accounts funded through Paypal can be redeemed through Paypal *

Given the possibility of losing your 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.

Transfer by Broker Processing Service (BPS)©

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 are in real time and provide all parties critical information on the date, amount, status and brokerage account for all transfers.

This service is free for all investors.

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