Account Funding

Important: This page is part of archived content and may be outdated.

To make a deposit to your forex trading account please login to “My Account” and select “Deposit” from the menu.

You will be presented with a variety of payment options. Please choose your preferred method of depositing and complete all necesary steps. Kindly note that in order to transfer any funds you must first have applied for a Real Account.

Trading Point does not accept any payments or deposits from a third party. Any funds received from third party accounts will be returned immediately. Our objective is to make your account funding as convenient as possible. We therefore offer you alternative payment options for depositing funds into your account. All electronic methods of payment including Credit Cards, Liberty Reserve, Moneybookers Skrill and Neteller are 100% Automatic and Instant meaning that upon deposit deposited funds will reflect in your trading account instantly provided you have uploaded your documents and your trading account is verified. Uploading of documents can be performed from the members area.

Deposits via Credit Cards, Neteller, Moneybookers and Liberty Reserve are 100% Instant and Automatic

Is depositing safe and secure?

Yes, depositing money to your account is absolutely safe, private and secure. All transactions are communicated using SSL technology, ensuring that your personal information is safe. All transactions processed from the members area are processed through Secure Socket Layer technology therefore ensuring safety and privacy.

Minimum Deposit

In Essence there is No Minimum Deposit however system restrictions limit minimum deposit to $5 for all electronic funding means including Credit Cards, Moneybookers – Skrill, Neteller and Liberty Reserve.

Credit Cards

Trading Point accepts Visa, Visa Electron, Mastercard, Switch and Solo. Once you choose this payment method and enter the payment details you will be redirected to a secure payment page. You will be asked to enter your credit card and personal information following which the payment will be confirmed. If the transaction is successful your account will be credited instantly.

Please note that all payments must come from an account that has the exact same name as the name on your Trading Point real account. Trading Point will not accept any deposits from a third party. Please make sure that the name on the credit card is identical to the name on your Trading Point real account.

Charges

Trading Point does not charge any fees or commission for depositing funds via Credit Card.

Payment Protection and Data Security

Please note that Trading Point does not receive and/or store any personal credit card or payment information. All transactions are processed and protected by Level 1 PCI-DSS Certified Independent International Payment Gateways.

Neteller

Once you choose this payment method and enter the payment details you will be redirected to the Neteller page for the payment.

You will be asked to login to your Neteller account to confirm the payment. If the transaction is successful your funds will be credited instantly. Please note that all payments must come from an account that has the exact same name as the name on your Trading Point real account. Trading Point will not accept any deposits from a third party.

Charges

Trading Point does not charge any fees or commission for depositing funds. However, Neteller charges up to 3.9% + minimum USD 1.00 per transaction*. Consequently, Trading Point receives the net amount after these fees are deducted.

On all your deposits, Trading Point commits to return these fees by crediting your account instantly. If you do not have a Neteller account you may sign up for one in just a few short steps by going to www.neteller.com or you may choose an alternative payment option.

* Payments received from India will be charged an additional 0.5%.

Moneybookers – Skrill

Once you choose this payment method and enter the payment details you will be redirected to the Moneybookers page for the payment. You will be asked to login to your Moneybookers account to confirm the payment. If the transaction is successful your funds will be credited into your account instantly.

Please note that all payments must come from an account that has the exact same name as the name on your Trading Point real account. Trading Point will not accept any deposits from a third party.

Charges

Trading Point does not charge any fees or commission for depositing funds. However, Moneybookers charges up to 1.9% + EUR 0.29 per transaction. Consequently, Trading Point receives the net amount after these fees are deducted. On all your deposits, Trading Point commits to return these fees by crediting your account instantly.

If you do not have a Moneybookers account you may sign up for one in just a few short steps by going to www.moneybookers.com or you may choose an alternative payment option.

Liberty Reserve

Once you choose this payment method and enter the payment details you will be redirected to the Liberty Reserve page for the payment. You will be asked to login to your Liberty Reserve account to confirm the payment. If the transaction is successful your funds will be credited into your account instantly. Please note that all payments must come from an account that has the exact same name as the name on your Trading Point real account. Trading Point will not accept any deposits from a third party.

Charges

Trading Point does not charge any fees or commission for depositing funds. However, Liberty Reserve charge 1% per transaction. Min 0.01USD – Max 2.99USD. Consequently, Trading Point receives the net amount after these fees are deducted.

On all your deposits, Trading Point commits to return these fees by crediting your account instantly. If you do not have a Liberty Reserve account you may sign up for one in just a few short steps by going to www.libertyreserve.com or you may choose an alternative option.

Wire Transfer

In order to fund your account, please contact your local bank and request for the Wire Transfer to be sent to the beneficiary according to the details outlined. Immediately upon receipt, the designated amount will be added to your account. Please ensure that your bank quotes both your full name and your trading account number in the payment reference (e.g. John Smith – Trading Account 12345).

This will enable us to identify your payment once it reaches our account. The funds that are transferred should come from a bank account which has the exact same beneficial owner (name and/or title) as the one indicated in your account details. Kindly note that funds sent via wire transfer usually take between 1 and 3 working days to be credited to your account.

Western Union

To be able to make a money transfer by Western Union please login to the members area, click on deposit and then on the Western Union option. You will then get complete instructions of how you can make a payment by Western Union.

Charges

Please note that any fees charged by Western Union are paid by the client. Trading Point credits the client’s account with the final amount received.