Account Funding

FxNet has adopted the SSL (Secure Sockets Layer) network security protocol to guarantee a secure connection for all communications with our Clients.

You can deposit and withdraw your funds at any time, because we protect the safety of your transactions and ensure that all your information remain private.

About Funding Methods

Our Clients can choose from a wide variety of online funding methods. The most popular are bank wire transfers and credit card deposits.

DEPOSITS

Deposit of Funds

To deposit funds into your FXNET trading account, first you need to login to the Members Area, click on the ‘Funds’ option and choose ‘Deposit Funds’. Then you will be able to select your preferred payment option and you will receive clear instructions about the necessary steps and details.

Time Restraints

The amount of time required for your funds to be credited to your trading account depends on the payment method chosen by you to make a deposit. Bank transfers may take up to 5 working days, while credit card payments and deposits done via e-wallets are usually instant.

WITHDRAWAL

Withdrawal of Funds

To withdraw funds from your FXNET trading account, first you need to login to the Members Area, click on the ‘Funds’ option and choose ’Withdraw Funds’. Then, you will be able to select the amount you wish to withdraw from your trading account.

Time Restraints

Upon receiving your withdrawal request, we will proceed with the payment either on the same day or on the next working day (depending on the time you placed your request). Please keep in mind, however, that the time needed for your funds to reach you may vary, as it depends on your selected payment method.

Conditions

1) FxNet does not accept any third-party deposits, which means that to make a deposit to your trading account, you have to use a credit card registered under your name and/or deposit via bank transfer from the bank account that belongs to you, and/or use an e-wallet that is open under your name.

2) FxNet does not accept any cash deposits. Please keep in mind that cash deposits are associated with high money laundering risks, so if you wish to deposit any money to your trading account, you can only do so in accordance with payment instructions provided on our website.

3) If you are depositing funds in a different currency than the base currency of your trading account, the transfer amount will be converted into your account’s base currency at the FXNET prevailing exchange rate.

Conditions

1) As a new Client, you will be able to withdraw your funds once you provide us with all the required Verification Documentation and receive the confirmation from us that your account has been verified. If you wish to withdraw your funds before opening any transactions, you can send a refund request via e-mail to [email protected].

2) As an existing Client, you can withdraw your funds at any time as long as all your documents are up to date (if any of your documents are expired, we will simply ask you to provide us with a new, updated copy).

3) If you have any open positions at the moment you place a withdrawal request, we will proceed with this request only if the withdrawal of funds from your account does not cause the margin level to drop below 100%.

4) You can only withdraw your funds to a credit card, e-wallet or a bank account which has been used by you to carry out the initial deposit.

5) Withdrawal of any amount exceeding the initial deposit shall be processed via bank transfer.

6) Withdrawals / refunds will be processed in the currency of the original deposit. In case that the account currency differs from the withdrawal/refund currency, the transfer amount will be converted into the transfer currency at the FXNET prevailing exchange rate.

Important Notice:

Transfer fees may be charged by certain payment providers, however under no circumstance any commissions for deposits and/or withdrawals is charged by FxNet.

See table below to find more information regarding the commission charged by the payment providers:

Payment Methods Information
Method	Currencies	Commission	Deposit Processing Time	Withdrawal Commission	Withdrawal Processing Time
	EUR,USD,GBP,PLN,CZK	Bank charges	1-5 Business Days	Bank charges	Up to 3-5 Business Days	FUND HERE
	EUR,USD,GBP,RUB,PLN	Up to 3%	Instant	Up to 3%	Up to 3-5 Business Days	FUND HERE
	EUR,USD,GBP,RUB,PLN	2.5%	Instant	1%	Instant	FUND HERE
	EUR,USD	2%	Instant	1.85%	Up to 3-5 Business Days	FUND HERE
	EUR,USD,GBP,RUB,PLN	3.9%	Instant	2%	Instant	FUND HERE
	USD, CNY	1.7%	Instant	10 CNY	Instant	FUND HERE
	USD, RUB, EUR	6.5%	Instant	2%	Up to 3-5 Business Days	FUND HERE
	EUR,USD,CZK,PLN	2.5%	Up to 3-5 Business Days	Bank charges	Up to 3-5 Business Days	FUND HERE
	PLN	1.9%	Up to 24h	Bank charges	Up to 3-5 Business Days	FUND HERE
	EUR	3.15%	Instant	1%	Instant	FUND HERE
	EUR	2.55%	Instant	1%	Instant	FUND HERE

RISK WARNING

Trading in forex/CFDs involves significant risk and may not be suitable for all investors. Trading in the financial markets may lead to a loss of some or all of your original investment and as such you should not invest money that you cannot afford to lose. Trading on margin/leverage can work against you as well as for you. You should be fully aware of all risks involved in trading and should seek professional advice from an independent financial advisor if you have any doubts. Please read and ensure you fully understand our Risk Disclosure Notice.

73% 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.

	4 Theklas Lysioti St, Harmony House, Office 31, 3rd Floor, 3030 Limassol, Cyprus
	+357 25 108 111
	[email protected]

Derivatives on Virtual Currencies – Risk Warning:

Derivatives on Virtual Currencies are complex, extremely risky, and usually highly speculative products. They entail a high risk of losing all the invested capital. The values of virtual currencies values are subject to extreme price volatility and hence may result in significant loss over a short period of time. Derivatives on Virtual Currencies are not appropriate for all investors. As such, you should not engage in trading in relation to such products if you do not have the necessary knowledge in this specific product or if you cannot bear the loss of the entire invested amount. You must be fully aware of, and understand, the specific characteristics and risks in relation to these products. Please refer to our Key Information Document regarding Derivatives on Virtual Currencies.

FxNet Limited is a Cypriot Investment Firm, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 182/12. FxNet Ltd is incorporated and registered under the laws of the Republic of Cyprus (Certificate of Incorporation No. 300624).

Registered address: 4 Theklas Lysioti St, Harmony House, Office 31, 3rd Floor, 3030 Limassol, Cyprus.

Payment Clearing Service Providers

Paysafe Financial Services Limited (Neteller), authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money, FCA e-money register number 900015.

Skrill Limited, authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money, FCA e-money register number 900001.

Safecharge Limited, licensed by the Central Bank of Cyprus, license number 115.1.3.9

PayPro S.A., authorized as a Payment Institution by the Polish Financial Supervision Authority (KNF), permit number UKNF IP24/2014

Geo restrictions: FxNet does not provide trading or any other services to residents of the following countries and regions: Belgium, Turkey, Russia, Japan, Canada, British Columbia, Quebec, Saskatchewan and the United States of America.