Is down, forex.com withdrawal problems.
Forex.Com withdrawal problems
Novax (@thatguynovax) reported one month ago @ytowers58 @forexcom service is very choppy, if you have 2 accounts, you won't be able to switch between them.
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Is FOREX.Com down?
Last updated 2 minutes ago: forex.Com was founded in 2001 and is regulated in multiple countries. It offers robust trading platforms for the new trader as well as the professional. Its parent company is GAIN capital holdings.
No problems detected at FOREX.Com
FOREX.Com problems in the last 24 hours
At the moment, we haven't detected any problems at FOREX.Com. Are you experiencing issues or an outage? Leave a message in the comments section!
Most reported problems:
- Login
- Trading platform
- Website
FOREX.Com outage map
| toronto | login | 4 days ago |
| durham | website | 4 days ago |
| orlando | trading platform | 4 days ago |
| newmarket | trading platform | 5 days ago |
| glen allen | login | 5 days ago |
| wandsworth | login | 8 days ago |
FOREX.Com comments
FOREX.Com issues reports
- Pastor jacob white (@jacobdaniel82) reported 4 days ago
@forexcom pitiful service so far for 28 minutes this morning. How convenient. 3 fridays in 2 months and during the busiest times. Hmmmm. Scandal?
@forexcom isn't it interesting how everyone the market is moving swiftly in our favor, your service becomes slow and unstable. 7 minutes now unable to do anything on your junky app.
@forexcom I forgot my username please help me
@forexcom IS THE WORST BROKER IN AMERICA , DO NOT USE THEM!
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom spaghetti noodles on a screen. RSI is a garbage FOREX indicator. Support & resistance lines are a fallacy, FOREX goes in the direction the banks want it to. Traders need to stop trying to force tools created for the stock market on to FOREX.
@lalenny2 @BTCTN @forexcom bitcoin investment has been the source of second income, but you have to invest with a legit✅ person and legal licenses. Where you can invest and earn. Send me a dm ASAP 24/7 online support✅ 5% referral commission✅ no hidden charges for withdrawal
@forexcom I am a client of you and the chat robot cannot solve me a problem of a depocit with my visa card, forex said message that could not be made, but if it was done my bank its approve and make transactions. It's a card I've used dozens of times.
@ytowers58 @forexcom service is very choppy, if you have 2 accounts, you won't be able to switch between them. I think this was planned. Nearly 90 minutes of no access, and now another 90 minutes of choppy service and access. Pathetic
@forexcom still can't trade. FIX NOW.
@jacobdaniel82 @forexcom still can't close out a trade. FIX NOW. What are you doing?
@forexcom over 1 hour later and @forexcom is still trashed on their site and mobile trading platform. This is their "VIP service" for folks who have invested thousands of dollars.
@forexcom are you guys not going to provide any updates for your customers on this "down" time?
@forexcom still can't login. Neither can anyone else. What a garbage platform you ******** have created. You are going to need to refund my losses for today.
@forexcom @forexcom fix your pitiful service on your site and application. You're costing traders money. It has been 45 minutes so far. Oh, and disabling your live chat (saying it is busy) and rejecting emails = poor service!
@forexcom login now but can't trade or doesn't show value. Fix now
@forexcom is your system down? I am seeing server errors, blank screens, etc.
@forexcom what is going on? Can't login. Fix now
@forexcom y’all having server issues??
@forexcom why is your site and app both ****** right now @forexcom no one can even login
@forexcom is probably the WORST platform to trade on ��
@forexcom @forexlive is the worst company to trade with their representative steal money and won’t cancel your subscription even though when you google how to cancel a subscription with then it says the representative that you are signed up under would have to cancel they took
@forexcom I am only sharing this message to help to the people who are in need of money where to make money online. And you can make up to $50,000 in 21 days for more information inbox me
What isn't working?
Please let us know what issue you are experiencing with FOREX.Com:
- Withdrawals
- Website
- Login
- Trading platform
- Deposits
Thank you for the report! If you have any tips or frustrations you wish to share, please leave a message in the comments section!
Forex brokers with best money withdrawal options in 2020
The best and most exciting thing about forex trading is, of course, to withdraw your profit from the forex broker. Say you have been trading, made a considerable amount of profit and now you want to spend your profit. In order to be able to do it, first you have to get your money back from the broker. To withdraw money from your forex account is very straightforward in general but does require you to take few steps.
Forex brokers with best money withdrawal options
Forex.Com
Forex.Com is owned and operated by an industry giant; GAIN capital holdings who has been around for more than 20 years. Forex.Com is registered and regulated by CFTC, NFA and CIMA. The broker accepts clients from the US. Investors can deposit and withdraw funds by credit card, bank card and wire transfer. Digital wallets are going to be available soon.
Money withdrawal options: credit card, bank card, wire transfer
XM
XM puts more than ten methods of deposit and withdrawal under disposal of its clients. In addition to international bank transfer and credit card which has become industry standards as deposit and withdrawal methods, XM clients can use various other methods. Those methods include neteller, skrill, unionpay, web money, ideal, moneybookers, moneygram, sofort and western union. One important detail which makes XM even more favorable is that the broker covers international wire transfer commission of its own part which considerably reduces the withdrawal cost.
Money withdrawal options: wire transfer, credit card, neteller, skrill, unionpay, web money, ideal, moneybookers, moneygram, sofort, western union
Fxpro
Regulated by FCA,cysec and SCB, fxpro is headquarted in london and one of the most prominent forex brokers in the industry. Traders who open an account at fxpro can withdraw and deposit funds through credit card, international bank transfer (SWIFT), paypal, skrill, neteller and china unionpay.
Money withdrawal options: wire transfer, credit card, paypal, skrill, neteller, unionpay
Hotforex
Established in 2010 and headquartered in cyprus, hotforex is an award winning forex broker that offers a wide range of account types and trading instruments. The broker is pursuing a policy of providing the most convenient and advantageous trading conditions for the traders. You can deposit money in hotforex using credit or debit cards and bank wire transfers. Apart from that hotforex also accepts skrill, neteller, fasapay, sofort, mybitwallet, ideal and webmoney.
Money withdrawal options: wire transfer, credit card, skrill, neteller, fasapay, sofort, ideal, webmoney, bitcoin
Exness
Exness was founded in 2008 in russia and has grown into one of the most popular forex brokers in europe since then. The company is regulated by cysec in cyprus and FCA in UK. Having a wide array of payment methods, transacting money on this brokerage platform is pretty easy and quick.
Money withdrawal options: wire transfer, credit card, skrill, neteller, webmoney, perfect money, sticpay, jeton wallet
Choose the withdrawal option
When it comes to withdraw your profit from forex brokers, the methods are not scarce including credit card, wire transfer, paypal, neteller, skrill, western union, bitcoin to name a few.
I usually go with wire transfer when withdrawing my profit. Nevertheless it comes with some caveats. Wire transfer is recommended if only you are going to withdraw an amount over a thousand. Otherwise the bank transfer fees are going to eat up your hard earned profit. Bear in mind that when you choose to get your money back through wire transfer, you are going to get double charged (once by the bank in where your forex broker is located and again by your local bank). The fees could range from $50 to $100 in total. The certain amount completely depends on the bank the broker is working with and your local bank. International wire transfer fees charged by some US banks are explained in this article.
My second favorite option to withdraw funds from forex account is credit card. Again there are some caveats. Some forex brokers don’t allow you to withdraw more than what you deposited with the same credit card. When you deposit $1000 to your forex account using credit card, you can only withdraw an amount up to $1000 by the same card. So you will have to choose another withdrawal method to transfer your profit.
Though I haven’t used so far, other popular methods are digital wallets like neteller, skrill, paypal. Forex brokers don’t charge extra fees to withdraw money by digital wallets however those services apply their own fees when you want to transfer money from the wallet to your bank account.
Submit your withdrawal request
After you decided the best transfer option for you, you have to submit your withdrawal request. Forex brokers used to demand clients to print out a withdrawal form then fill, sign and forward it to the broker by mail or e-mail.
However nowadays you don’t have to go through this cumbersome process. Majority of the forex brokers provide clients with a username and password for the client portal where they can submit their money withdrawal request in just seconds.
Just log in to the client portal, navigate to the money withdrawal section, fill the online form and click the submit button. Congratulations!
An important caveat is that some forex brokers do not require clients to verify their account till to the point they wish to withdraw funds from their account. If this is the case for the broker that you are trading with, you will need to verify your forex trading account by loading proof documents for ID and address. However, you will have always the chance to verify your account upon registration in case you do not want to worry about the last minute rush.
Wait until your fund is transferred to your bank account / credit card / digital wallet
It ranges between one to three business days depending on the forex broker and withdrawal option you used. Wire transfer and credit card transfers could take up to three business days. Though I remember several times that I received the funds same day when I used wire transfer as the transfer option. The commission and fees are not fixed for wire transfer. Since there are three banks involved at a wire transfer transaction, it is hard to know the exact amount that is going to be charged as commission. However, based on my experience, I can say that it should range between $30 and $100.
Digital wallets such as skrill and neteller has a different commission and time schedule. First time you incur any commission is the moment you withdraw funds from your trading account. The rate changes between %3 and %2 of the amount you like to withdraw. It takes fews days between the time that money leaves your trading account and arrives at your digital wallet. Second time you will get charged is the moment you transfer the money from your skrill account to your bank account. That is another %3 – %2 commission.
Wire transfer is my preferred withdrawal and deposit method. I use digital wallets only if wire transfer is not among the methods offered by the forex broker. Credit card is fast and more reasonable than any other withdrawal and deposit method. Nevertheless, I shall kindly point out that in the case you choosed credit card as a withdrawal method, you can only withdraw the amount you deposited by the same credit card. Therefore, you will have to use another method in order to be able to withdraw your profit.
Fxdailyreport.Com
To answer this question, you need to understand how the trading market works. Forex brokers (dealing centers or dcs) are such licensed companies that provide traders with professional services for access to trade in the international currency market. The success of work on forex depends on the right choice of a dealing center.
Therefore, you should give a preference to a reliable and experienced broker with a variety of trading instruments. The company should have a long history of completed foreign exchange transactions. But how to choose the best forex broker for withdrawal?
How to choose the best forex broker for withdrawal?
Choosing a broker for trading on exchanges should begin with collecting information about successful transactions and openness in working with clients. A reliable broker has its portfolio of deals, a large number of reviews from customers.
The simplest way is to check the published lists of traders, which are continually changing and updated. The trader with the most reviews will offer some of the safest working conditions. We also recommend paying attention to how the process of registering and depositing money with a particular broker is going.
- Forex broker license
The presence of a broker license allows you to judge his conscientiousness and honesty in his approach to trading. A licensed broker is more likely to complete all transactions and also carries them with benefits not only for himself but also for the client.
But to obtain a license from well-known world communities or government agencies, a broker needs to try hard and earn a positive reputation. If you see that an unknown office located on a distant island issued the permit – you should avoid working with this broker.
- Forex brokers rating
On the internet, you can find several independent from each other ratings of popular brokers. You can sort them by the number and quality of reviews, working hours, and other essential parameters. We recommend you to pay attention to the number of completed transactions, the regularity in payments to customers, and not to leverage or the promised interest.
Top 10 forex brokers
| broker | info | bonus | open account |
|---|---|---|---|
| min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
| min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
 | min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker |
| min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
 | min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | |
| min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
| min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
| | min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | |
| min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
| | min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker |
In general, do your first steps in trading with the help of brokers with caution, trading on small amounts. Hence the preference in favor of traders with work experience and safe conditions.
- How do brokers earn?
Usually, brokerage support in the foreign exchange market is not free. And dealing companies, like traders, have some financial interests. How do they earn? Providing comprehensive support for trader transactions, such agents get income that makes up the difference between the purchase/sale prices of traded currency pairs (spreads).
Or they receive direct payment from the trader for each trade transaction conducted. Depending on the chosen scheme of work, a brokerage company can only get commissions or have additional sources of income.
- Reliable forex brokers
How to find a dealing center to which you can safely entrust your trading operations? One of the surest ways is to choose a broker on the recommendation of traders already working with them. Numerous ratings will also help ease the choice.
They publish information on the most successful and reliable forex brokers regularly. Besides, remember about such vital points as the transparency of the information provided on the dealing company activities. Check the legal documents and the availability of client support, working 24/7.
Three categories of brokers
In the modern foreign exchange market, there are three leading categories of brokers.
- Classical (most expensive) intermediaries work in the full-service format. They provide clients with a full range of services – from receiving orders to legal support of accounts.
- Discount dealing centers (discount broker) put the orders to the forex market. As payment for their work, they receive a monetary reward in the form of a percentage commission.
- Electronic or online brokers specialize in online transactions and have been extremely popular lately.
Withdrawal process in different brokers
How to withdraw money from your trading account? Every trader should ask himself this question when signing a service agreement. Let us talk about the withdrawal process on forex.
Why does a trader come to the forex currency market? Generally, not for fun, but profit. For this purpose, you study the basics of technical analysis, try various trading strategies, and read a lot of information. Finally, you achieved the result – profit. And the most critical question arises – how to get your hard-earned money?
How to withdraw money on forex?
The problem is that many traders choose brokers to trade without getting known how to get your earnings back. Many brokers have enormous commissions, and it may be that you did not even know about them. Let’s talk in more detail about how to withdraw money from a forex broker trading account.
What to do before opening a real account
Before you open a real deposit with a chosen forex broker, you should inquire about what conditions the broker withdraws the earned profit.
As a rule, money is available for withdrawal only after passing the verification procedure.
At the same time, verification can have several levels, on each of which you will need scans or photos of identity documents. Naturally, during registration, to avoid further problems, you should indicate your real last name and first name.
It is highly advisable to do the verification procedure before depositing funds. The requirements of a forex broker regarding the quality and quantity of necessary documents can seem needlessly strict to you. In this case, nothing stops you from changing your company before starting a financial relationship with it.
As a rule, there are no difficulties with verification. Most forex brokers request a standard set of documents: a passport scan and the confirmation of the address of your residence. After completing the verification, you only have to choose a suitable withdrawal method.
Most companies have a bonus program. Carefully read the terms of granting this bonus. Some bonuses limit the withdrawal of profits or even make it impossible without losing the reward.
Most popular ways of withdrawal
The methods for withdrawing profits, as well as the timing of this procedure, are different for each forex broker. For example, big companies withdraw money only to a bank account. Naturally, everything goes officially, including the income tax for individuals.
Dealing centers and brokers do not limit their services only in this way but offer many more ways to get your profits – from electronic payment systems to cryptocurrency. That is why you should choose a broker that uses the withdrawal method most convenient to you.
- Electronic payment systems
Most companies allow you to withdraw profits on electronic wallets of the most common payment systems. The leaders are paypal, skrill, and neteller. When choosing a payment system, be sure to check how much money you will lose when withdrawing profits. For example, neteller has a commission of 1% (no more than 11.41 USD or 10 EUR) and a fee of 1.39% of the withdrawal amount.
At the same time, pay attention to the timing. The withdrawal may take from several business hours to several business days – this will be indicated on the broker’s website and in the contract.
- Withdrawal to a bank account
This method is not so popular among ordinary traders. The commission charged in this case is slightly higher than when withdrawing funds to the same card using the chain trading account – electronic payment system – bank card. It is especially true if the country of residence of the trader and the broker’s country are different. In some cases, for citizens of other states, this method is generally not available.
The timing of the withdrawal of money also decreases the popularity of this method. Unlike electronic payment systems, it can take from 1 to 7 banking days. Nevertheless, many traders with a substantial profit (several thousand dollars) use this system. For such traders, it is not the waiting time that matters, but its maximum reliability.
- Forex brokers cards
The trend of issuing payment cards by brokers gains popularity. Each company names them different, but they are the same – an international mastercard. This method has many advantages. Using a mastercard, you can withdraw cash at any ATM, pay in stores, make purchases on ebay or amazon.
However, the most significant benefit is different. Brokers open their cards in the offshore zone. And the law of their native state doesn’t regulate them.. Therefore, if your profit from forex trading has reached a grandiose size, this method will be most profitable.
But there are some drawbacks. The issuance of such a card is not free, and the broker also charges a card maintenance fee. Therefore, if your profit is not too big, there is no reason for using it.
Conclusion
As you see, choosing the best forex broker for withdrawal is a quite complicated task. First of all, you should determine your needs and the most convenient withdrawal method for you. And only then you can start looking for a broker.
You have come to the foreign exchange market with serious intentions to make money. So the question of money withdrawal should interest you first of all. After all, the goal of a trader is earning, and not to deposit money on a forex broker account.
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Funding & withdrawals
How do I fund my account?
You can easily fund your account by logging in to myaccount and visiting the funding page.
We accept funds by credit card, debit card, paypal and bank transfer. You can add your debit and/or credit cards and easily fund via paypal through myaccount. You can also see the currency-specific bank transfer details in myaccount.
Credit/debit card
| Min per transaction** | max per transaction | accepted currencies | type | typical processing time | fees |
|---|---|---|---|---|---|
| £100 or currency equivalent | $99,999 or currency equivalent | USD, EUR, CAD, JPY, CHF, AUD, GBP |
Paypal
| min per transaction** | max per transaction | accepted currencies | typical processing time | fees |
|---|---|---|---|---|
| £100 (or currency equivalent) | £50,000 (or currency equivalent) | EUR, GBP, USD (all paypal transactions are converted to your account's base currency) | typically immediate, but can extend up to 48 hours | FOREX.Com does not charge for incoming paypal deposits |
Wire transfer
| Min per transaction** | max per transaction | accepted currencies | typical processing time | fees |
|---|---|---|---|---|
| none | none | USD, EUR, CAD, JPY, CHF, AUD, GBP | up to 1-2 business days | FOREX.Com does not charge incoming wire fees. |
**the minimum initial deposit is £100 or currency equivalent. We recommend that you maintain an adequate excess margin balance above your required margin. Maintaining low excess margin levels in your account may prohibit you from trading certain products or lead to undesired liquidations resulting from an adverse market move.
Can I fund with a personal cheque or business cheque?
No, FOREX.Com UK does not accept cheques as a funding method at this time.
How is my money protected?
In accordance with the financial conduct authority (FCA) rules regarding client monies, all retail client money is held in segregated client money accounts.
We hold all client money with top-tier banks, and have trust letters in place with each of these banks to ensure that our client money remains segregated from the assets of the bank. We use our own funds for hedging client trades, and we never engage in any proprietary trading.
Clients may also be eligible for the financial services compensation scheme, which offers cover up to £50,000 in the event a firm becomes insolvent or ceases trading.
FOREX.Com is part of GAIN capital holdings, a NYSE listed company with a strong balance sheet and experienced management team, serving clients in 140 countries worldwide.
What is third-party funding?
A third party is considered to be anyone who is not an owner of the account.
For the purposes of a funding or withdrawal transaction, the name(s) on the FOREX.Com trading account must be an exact match with the name(s) on the account of the other financial institution.
Can I use more than one card to fund my account?
Yes, you may use multiple cards to fund your account. Keep in mind that withdrawals are processed to the original funding methods. Therefore, a single withdrawal request may be processed via multiple cards.
What should I do if the card I used to fund my account is closed, lost, stolen or not available for withdrawal?
In accordance with our anti-money-laundering policy, we are legally obligated to verify the status of the original funding account before we can process a withdrawal of funds to another source.
In the event that the original funding card account is no longer available, you will need to provide us with evidence of its status, such as an account statement or relative document issued by your bank. Documentation must include the following:
- Name of the account holder (must match name on FOREX.Com account)
- Last four digits of account number and/or payment to FOREX.Com
- Language noting the change of the status of your account
My deposit has been declined. What should I do?
Your bank may decline your transaction for a number of reasons, but we are not told why. These may include:
- Insufficient funds
- Incorrect expiry date
- Incorrect CVC number (the 3-digit security code on the back of your card)
- Invalid card number
- Out-of-date address details
- Incorrect 3DS details
- Suspected fraudulent transaction
To resolve this, you will need to contact your card issuer.
Does FOREX.Com accept western union?
No, we do not accept payments through western union.
How will a card deposit appear on my bank statement?
When you deposit funds into your FOREX.Com via a card, it will appear as a purchase.
Why is the amount posted in my account less than the amount I wired?
Your deposit may be reduced by a service fee charged by your bank. FOREX.Com does not charge incoming wire fees.
How do I withdraw funds from my account?
You can request a withdrawal of funds via myaccount.
How will my withdrawal be processed?
Withdrawal requests can be submitted through myaccount and are processed in the order the requests were received.
Funds are returned to the originating account in the following order:
- Credit/debit card
- Paypal
- Wire transfer
Withdrawals
Credit/debit card
| processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | up to £100,000 (or currency equivalent) in 24 hours or the amount funded, whichever is lower | none |
Paypal
| Processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | up to £20,000 (or currency equivalent) per transaction or the amount funded, whichever is lower | none |
Wire transfer
| Processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | unlimited, once card deposits are refunded | none |
*processing time only reflects the time it takes FOREX.Com to complete the withdrawal during normal business hours. Your bank may take additional time to credit the funds to your account.
How do I transfer funds between my existing accounts?
Please contact client services to initiate this request.
What if I have open positions when I submit a withdrawal or transfer request?
A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions. This may result in the liquidation of any or all of your open positions. It is your responsibility to ensure that the account holds enough margin to maintain open positions.
Which currencies can I deposit via paypal?
You can make a deposit if you have a paypal account in EUR, GBP or USD. The money will then be converted to your FOREX.Com account base currency.
Are there any charges for making paypal deposits into my FOREX.Com account?
Funding your trading account via paypal is completely free if depositing in same the base currency.
If the base currency of your trading account is not the same as the funds being deposited via paypal, you will be charged as a conversion fee. You will see this amount before completing the deposit. In some cases, where applicable, your bank may handle this conversion fee, rather than paypal. This conversion charge will be applied by your bank.
Can I make my first deposit via paypal?
Yes, you can make your first deposit via paypal.
Is there a minimum or maximum amount I can deposit via paypal?
The minimum paypal deposit amount is £100. The maximum you can deposit via paypal per transaction is £50,000.
How much can I withdraw in one time?
You can only withdraw up to the same amount deposited via paypal. You cannot withdraw any higher amount than has been deposited via paypal.
The minimum withdrawal amount is £100 or the balance of your account (whichever is less).
The maximum you can withdraw via paypal is £20,000 per transaction, or up to the amount deposited with paypal, whichever is lower.
How long do paypal deposits take?
Please allow up to 48 hours for any paypal deposits. However, this process is usually instant.
How long do paypal withdrawals take?
Please allow up to 48 hours for any paypal withdrawals. However, this process is usually instant.
Can I deposit via multiple paypal accounts?
No. You may only fund your account with one paypal account. Please note the name on your paypal account must exactly match the name on your trading account, otherwise the payment could be rejected.
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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.
FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.
FOREX.Com is a trademark of GAIN capital UK ltd.
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Is FOREX.Com down?
Last updated 2 minutes ago: forex.Com was founded in 2001 and is regulated in multiple countries. It offers robust trading platforms for the new trader as well as the professional. Its parent company is GAIN capital holdings.
No problems detected at FOREX.Com
FOREX.Com problems in the last 24 hours
At the moment, we haven't detected any problems at FOREX.Com. Are you experiencing issues or an outage? Leave a message in the comments section!
Most reported problems:
- Login
- Trading platform
- Website
FOREX.Com outage map
| toronto | login | 4 days ago |
| durham | website | 4 days ago |
| orlando | trading platform | 4 days ago |
| newmarket | trading platform | 5 days ago |
| glen allen | login | 5 days ago |
| wandsworth | login | 8 days ago |
FOREX.Com comments
FOREX.Com issues reports
- Pastor jacob white (@jacobdaniel82) reported 4 days ago
@forexcom pitiful service so far for 28 minutes this morning. How convenient. 3 fridays in 2 months and during the busiest times. Hmmmm. Scandal?
@forexcom isn't it interesting how everyone the market is moving swiftly in our favor, your service becomes slow and unstable. 7 minutes now unable to do anything on your junky app.
@forexcom I forgot my username please help me
@forexcom IS THE WORST BROKER IN AMERICA , DO NOT USE THEM!
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom I can't put money in my account to help my self because of your dumb *** way. You don't care. No warning or help. None !
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom your new deposit program is real bad. Rodney holman.
@forexcom spaghetti noodles on a screen. RSI is a garbage FOREX indicator. Support & resistance lines are a fallacy, FOREX goes in the direction the banks want it to. Traders need to stop trying to force tools created for the stock market on to FOREX.
@lalenny2 @BTCTN @forexcom bitcoin investment has been the source of second income, but you have to invest with a legit✅ person and legal licenses. Where you can invest and earn. Send me a dm ASAP 24/7 online support✅ 5% referral commission✅ no hidden charges for withdrawal
@forexcom I am a client of you and the chat robot cannot solve me a problem of a depocit with my visa card, forex said message that could not be made, but if it was done my bank its approve and make transactions. It's a card I've used dozens of times.
@ytowers58 @forexcom service is very choppy, if you have 2 accounts, you won't be able to switch between them. I think this was planned. Nearly 90 minutes of no access, and now another 90 minutes of choppy service and access. Pathetic
@forexcom still can't trade. FIX NOW.
@jacobdaniel82 @forexcom still can't close out a trade. FIX NOW. What are you doing?
@forexcom over 1 hour later and @forexcom is still trashed on their site and mobile trading platform. This is their "VIP service" for folks who have invested thousands of dollars.
@forexcom are you guys not going to provide any updates for your customers on this "down" time?
@forexcom still can't login. Neither can anyone else. What a garbage platform you ******** have created. You are going to need to refund my losses for today.
@forexcom @forexcom fix your pitiful service on your site and application. You're costing traders money. It has been 45 minutes so far. Oh, and disabling your live chat (saying it is busy) and rejecting emails = poor service!
@forexcom login now but can't trade or doesn't show value. Fix now
@forexcom is your system down? I am seeing server errors, blank screens, etc.
@forexcom what is going on? Can't login. Fix now
@forexcom y’all having server issues??
@forexcom why is your site and app both ****** right now @forexcom no one can even login
@forexcom is probably the WORST platform to trade on ��
@forexcom @forexlive is the worst company to trade with their representative steal money and won’t cancel your subscription even though when you google how to cancel a subscription with then it says the representative that you are signed up under would have to cancel they took
@forexcom I am only sharing this message to help to the people who are in need of money where to make money online. And you can make up to $50,000 in 21 days for more information inbox me
What isn't working?
Please let us know what issue you are experiencing with FOREX.Com:
- Withdrawals
- Website
- Login
- Trading platform
- Deposits
Thank you for the report! If you have any tips or frustrations you wish to share, please leave a message in the comments section!
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Forex broker complaints
There are many complaints about forex, crypto and binary option brokers and the complaints are for a variety of reasons. Investors using a licensed and regulated broker, rarely have withdrawal problems.
When you have a problem with an unlicensed broker, no government agency can help you get your money back. If you invested with an unlicensed broker, your complaints may be explained below.
If your broker is licensed by cysec in cyprus, go here to see the cysec complaint procedure.
Smart investors use the licensed brokers plus500.
If your broker is FCA regulated in the united kingdom, go here to see the FCA complaint procedure.
Smart investors use the popular brokers fortrade.
Withdrawal complaints
If a broker is not processing your withdrawal in a timely manner, you should call your bank / credit card company, and request a charge back. Most people who have problems getting their money back from a broker, are dealing with unlicensed fraud companies.
When your broker is not processing your withdrawal request, here are a few things to keep in mind.
The requirements to withdraw your money is much more difficult that depositing money. To withdraw money from a broker, they require many different forms of identification verification. The standard items requested are: proof of identification: passport / drivers license / national ID. Proof of residence: utility bill, local authority tax bill, bank or credit card statement. Deposits made by credit / debit card will require a scan of the front and back of the card.
When you request a withdrawal, it is important to email the compliance department, and the customer support email addresses. Never just rely on a phone conversation, or skype message to your personal broker.
W.R.E. Is a funds recovery company that helps investors who lost more than $2,000 at a forex broker. They work with your bank / credit card company, by filing a dispute / chargeback to try and recover you money.
If you lost more than $2,000, contact them at: wealthrecoveryexpert.Com
Recovering crypto currency
If you made a deposit to a broker with bitcoin or some other crypto currency, then your chance of recovering them is basically impossible.
The purpose of bitcoin is to be untraceable, and therefore, when dealing with an offshore broker, they steal your money by forcing you to convert your dollars into crypto. When using a credit card, at least you are covered by visa / mastercard consumer protection rules. With crypto, there is no way of knowing which company or person took your money.
If you do a “crypto trace” on the blockchain, all you will see is the anonymous bitcoin wallets that your coins were transferred too. Many brokers we reviewed, are accepting deposits via a payment processor that creates a new bitcoin address for every deposit.
Profit tax for withdrawal
There is no such thing as paying a profit tax to your broker, to withdraw your profits from the forex broker. Any broker that asks you to deposit money to pay tax on your profits, they are trying to steal more money from you!
Profits on trading is taxable in most countries, and you need to speak with your accountant about how much to pay, and when to pay.
Managed account scams
You received a phone call from a forex broker, offering to invest your money. The problem is that trading forex or crypto currencies is extremely risky. So risky that you can lose all the money in your account, and more. Experience does not make a difference. By authorizing a broker at the firm to trade your account, you are giving away your money.
Any time a broker offers to place a trade on your behalf, tell them no! If you want to invest in forex, then do your research and learn how to become a real trader. But do not think that someone else is going to make money for you.
Do you know that most brokers only make money, when you lose your money.
Ask yourself this question; if the broker is such a good investor, why are they interested in trading your money, they should be using their own money.
Auto-trading software scams
Many investors open a brokerage account, because they saw an advertisement for a “secret system” that generates money.
These systems go by the names; bitcoin loophole, bitcoin revolution and crypto trader to name a few. The software creates an account for you at a scam broker, and then tells you to make a deposit and you will start making money.
The problem is, that the software doesn’t actually work, and the brokers are usually unregulated scam companies. Many brokers have a clause in their terms and conditions page, which bans the use of automated trading software.
You can read about in full details how the scam works, read more.
Bonus policy complaints
One of the reasons why investors cannot withdraw their money from the broker is because they received bonus money.
Before accepting a bonus from a broker, investors should read their brokers bonus policy. Unregulated brokers will require traders to trade 30 – 60 times the value of the bonus. Licensed brokers do not offer bonus money.
If the trader deposited $500 and received a bonus of $200. The trader will have to generate a minimum trading volume of $500 x 20 = $10,000. Now that is a lot. By accepting the bonus money, the initial $500 that was deposited can only be withdrawn after meeting the trading volume. In other words, a trader deposits $500, received a bonus of $200, which makes the account balance $700. The trader places a trade and profits $85. The account balance is now $785. The amount eligible for withdrawal is zero!
This is a reason many unregulated brokers have so many complaints against them. Many scam brokers will automatically give traders a bonus without the trader asking for it.
Unauthorized credit card charges
There are two reasons for unauthorized credit card charges. The first one is, it was an honest mistake and the broker processed your payment twice.
The second reason for an unauthorized charge is that the broker you thought was going to double your money, lost it all. And then the brokers calls to convince you to add more money for him to play with.
If you received an unauthorized charge on your credit card from a broker, immediately contact your credit card fraud department to dispute the charges.
Funding & withdrawals
How do I fund my account?
You can easily fund your account by logging in to myaccount and visiting the funding page.
We accept funds by credit card, debit card, paypal and bank transfer. You can add your debit and/or credit cards and easily fund via paypal through myaccount. You can also see the currency-specific bank transfer details in myaccount.
Credit/debit card
| Min per transaction** | max per transaction | accepted currencies | type | typical processing time | fees |
|---|---|---|---|---|---|
| £100 or currency equivalent | $99,999 or currency equivalent | USD, EUR, CAD, JPY, CHF, AUD, GBP |
Paypal
| min per transaction** | max per transaction | accepted currencies | typical processing time | fees |
|---|---|---|---|---|
| £100 (or currency equivalent) | £50,000 (or currency equivalent) | EUR, GBP, USD (all paypal transactions are converted to your account's base currency) | typically immediate, but can extend up to 48 hours | FOREX.Com does not charge for incoming paypal deposits |
Wire transfer
| Min per transaction** | max per transaction | accepted currencies | typical processing time | fees |
|---|---|---|---|---|
| none | none | USD, EUR, CAD, JPY, CHF, AUD, GBP | up to 1-2 business days | FOREX.Com does not charge incoming wire fees. |
**the minimum initial deposit is £100 or currency equivalent. We recommend that you maintain an adequate excess margin balance above your required margin. Maintaining low excess margin levels in your account may prohibit you from trading certain products or lead to undesired liquidations resulting from an adverse market move.
Can I fund with a personal cheque or business cheque?
No, FOREX.Com UK does not accept cheques as a funding method at this time.
How is my money protected?
In accordance with the financial conduct authority (FCA) rules regarding client monies, all retail client money is held in segregated client money accounts.
We hold all client money with top-tier banks, and have trust letters in place with each of these banks to ensure that our client money remains segregated from the assets of the bank. We use our own funds for hedging client trades, and we never engage in any proprietary trading.
Clients may also be eligible for the financial services compensation scheme, which offers cover up to £50,000 in the event a firm becomes insolvent or ceases trading.
FOREX.Com is part of GAIN capital holdings, a NYSE listed company with a strong balance sheet and experienced management team, serving clients in 140 countries worldwide.
What is third-party funding?
A third party is considered to be anyone who is not an owner of the account.
For the purposes of a funding or withdrawal transaction, the name(s) on the FOREX.Com trading account must be an exact match with the name(s) on the account of the other financial institution.
Can I use more than one card to fund my account?
Yes, you may use multiple cards to fund your account. Keep in mind that withdrawals are processed to the original funding methods. Therefore, a single withdrawal request may be processed via multiple cards.
What should I do if the card I used to fund my account is closed, lost, stolen or not available for withdrawal?
In accordance with our anti-money-laundering policy, we are legally obligated to verify the status of the original funding account before we can process a withdrawal of funds to another source.
In the event that the original funding card account is no longer available, you will need to provide us with evidence of its status, such as an account statement or relative document issued by your bank. Documentation must include the following:
- Name of the account holder (must match name on FOREX.Com account)
- Last four digits of account number and/or payment to FOREX.Com
- Language noting the change of the status of your account
My deposit has been declined. What should I do?
Your bank may decline your transaction for a number of reasons, but we are not told why. These may include:
- Insufficient funds
- Incorrect expiry date
- Incorrect CVC number (the 3-digit security code on the back of your card)
- Invalid card number
- Out-of-date address details
- Incorrect 3DS details
- Suspected fraudulent transaction
To resolve this, you will need to contact your card issuer.
Does FOREX.Com accept western union?
No, we do not accept payments through western union.
How will a card deposit appear on my bank statement?
When you deposit funds into your FOREX.Com via a card, it will appear as a purchase.
Why is the amount posted in my account less than the amount I wired?
Your deposit may be reduced by a service fee charged by your bank. FOREX.Com does not charge incoming wire fees.
How do I withdraw funds from my account?
You can request a withdrawal of funds via myaccount.
How will my withdrawal be processed?
Withdrawal requests can be submitted through myaccount and are processed in the order the requests were received.
Funds are returned to the originating account in the following order:
- Credit/debit card
- Paypal
- Wire transfer
Withdrawals
Credit/debit card
| processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | up to £100,000 (or currency equivalent) in 24 hours or the amount funded, whichever is lower | none |
Paypal
| Processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | up to £20,000 (or currency equivalent) per transaction or the amount funded, whichever is lower | none |
Wire transfer
| Processing time | max withdrawal amount | fees |
|---|---|---|
| typically within 48 hours | unlimited, once card deposits are refunded | none |
*processing time only reflects the time it takes FOREX.Com to complete the withdrawal during normal business hours. Your bank may take additional time to credit the funds to your account.
How do I transfer funds between my existing accounts?
Please contact client services to initiate this request.
What if I have open positions when I submit a withdrawal or transfer request?
A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions. This may result in the liquidation of any or all of your open positions. It is your responsibility to ensure that the account holds enough margin to maintain open positions.
Which currencies can I deposit via paypal?
You can make a deposit if you have a paypal account in EUR, GBP or USD. The money will then be converted to your FOREX.Com account base currency.
Are there any charges for making paypal deposits into my FOREX.Com account?
Funding your trading account via paypal is completely free if depositing in same the base currency.
If the base currency of your trading account is not the same as the funds being deposited via paypal, you will be charged as a conversion fee. You will see this amount before completing the deposit. In some cases, where applicable, your bank may handle this conversion fee, rather than paypal. This conversion charge will be applied by your bank.
Can I make my first deposit via paypal?
Yes, you can make your first deposit via paypal.
Is there a minimum or maximum amount I can deposit via paypal?
The minimum paypal deposit amount is £100. The maximum you can deposit via paypal per transaction is £50,000.
How much can I withdraw in one time?
You can only withdraw up to the same amount deposited via paypal. You cannot withdraw any higher amount than has been deposited via paypal.
The minimum withdrawal amount is £100 or the balance of your account (whichever is less).
The maximum you can withdraw via paypal is £20,000 per transaction, or up to the amount deposited with paypal, whichever is lower.
How long do paypal deposits take?
Please allow up to 48 hours for any paypal deposits. However, this process is usually instant.
How long do paypal withdrawals take?
Please allow up to 48 hours for any paypal withdrawals. However, this process is usually instant.
Can I deposit via multiple paypal accounts?
No. You may only fund your account with one paypal account. Please note the name on your paypal account must exactly match the name on your trading account, otherwise the payment could be rejected.
It's your world. Trade it.
I would like to learn about
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.
FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.
FOREX.Com is a trademark of GAIN capital UK ltd.
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FOREX.Com products and services are not intended for belgium residents.
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So, let's see, what we have: current status for FOREX.Com. Is the website down? Error signing in? Find out what is going on. At forex.Com withdrawal problems
Contents of the article
- Top forex bonus promo
- Is FOREX.Com down?
- FOREX.Com outage map
- FOREX.Com comments
- FOREX.Com issues reports
- Forex brokers with best money withdrawal options in 2020
- Forex brokers with best money withdrawal options
- Choose the withdrawal option
- Submit your withdrawal request
- Wait until your fund is transferred to your bank account /...
- Forex brokers with best money withdrawal options
- Fxdailyreport.Com
- How to choose the best forex broker for withdrawal?
- Forex.Com withdrawal problems
- Funding & withdrawals
- How do I fund my account?
- Can I fund with a personal cheque or business cheque?
- How is my money protected?
- What is third-party funding?
- Can I use more than one card to fund my account?
- What should I do if the card I used to fund my account is...
- My deposit has been declined. What should I do?
- Does FOREX.Com accept western union?
- How will a card deposit appear on my bank statement?
- Why is the amount posted in my account less than the amount...
- How do I withdraw funds from my account?
- How will my withdrawal be processed?
- How do I transfer funds between my existing accounts?
- What if I have open positions when I submit a withdrawal or...
- Which currencies can I deposit via paypal?
- Are there any charges for making paypal deposits into my...
- Can I make my first deposit via paypal?
- Is there a minimum or maximum amount I can deposit via...
- How much can I withdraw in one time?
- How long do paypal deposits take?
- How long do paypal withdrawals take?
- Can I deposit via multiple paypal accounts?
- Is FOREX.Com down?
- FOREX.Com outage map
- FOREX.Com comments
- FOREX.Com issues reports
- Forex.Com withdrawal problems
- Forex broker complaints
- Withdrawal complaints
- Recovering crypto currency
- Profit tax for withdrawal
- Managed account scams
- Auto-trading software scams
- Bonus policy complaints
- Unauthorized credit card charges
- Funding & withdrawals
- How do I fund my account?
- Can I fund with a personal cheque or business cheque?
- How is my money protected?
- What is third-party funding?
- Can I use more than one card to fund my account?
- What should I do if the card I used to fund my account is...
- My deposit has been declined. What should I do?
- Does FOREX.Com accept western union?
- How will a card deposit appear on my bank statement?
- Why is the amount posted in my account less than the amount...
- How do I withdraw funds from my account?
- How will my withdrawal be processed?
- How do I transfer funds between my existing accounts?
- What if I have open positions when I submit a withdrawal or...
- Which currencies can I deposit via paypal?
- Are there any charges for making paypal deposits into my...
- Can I make my first deposit via paypal?
- Is there a minimum or maximum amount I can deposit via...
- How much can I withdraw in one time?
- How long do paypal deposits take?
- How long do paypal withdrawals take?
- Can I deposit via multiple paypal accounts?
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