Frequently Asked Questions
Does MarketFXM accept US clients?
Unfortunately we dont.
What are the minimum deposit amounts?
The minimum deposit amount is 200 USD/ GBP/ EUR
What is the Base currency
Base currency is the first currency in the pair. For example, EUR/USD – the Euro is the base currency.
What is Leverage
The control of a large national position through the use of small amount of capital. Example : if you invest USD multiplied into 400 times.
How do I know
These will be credited to your trading account automatically if you use any of our Deposit methods.
If you send funds any external wallet then typically the funds will credit during finance department working hours, a process that can take up to 24 hours. You will also recieve an email notification once the funds have been recieved
Can I change the base currency of my account?
It is not possible to change the base currency; however you can open a new account at any time and then specify your preferred base currency.
What are the document required to KYC fulfillment for an account?
A color copy of valid passport; or other documents issued by official authorities, including driver’s license, identity card, etc. Your full name,
place, tax number, or, date of birth, or other relevant details must be present in the document.
A recent utility bill (e.g. electricity, gas, water,phone, oil, Internet and/or cable TV connection, bank account statement) dated within the las
months and confirming your registered address.
What is Hedging
This is a position that eliminates the risk of a trader’s primary position