Flexible Deposits: FXCM Expands Options With PayPal, Apple Pay & More

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Written By
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Written By
William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Fact Checked By
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Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
Updated

Forex and CFD broker, FXCM, has added a selection of new convenient payment methods. Traders can now make secure, low-cost deposits and withdrawals using popular e-wallets and open banking.

Key Takeaways

  • Traders can deposit to FXCM using PayPal, Apple Pay, Google Pay & Open Banking
  • Users can fund their accounts securely through the client portal with no transfer fees
  • Clients must deposit with one of the methods before they can be used for withdrawals

Fee-Free & Near-Instant Payments

The new payment methods offer fast deposits, with funds typically received within 30 minutes. The minimum deposit is also accessible at $50.

On the withdrawal side, trading profits will be credited immediately once processed by FXCM, which usually takes between 3 to 5 working days.

How To Make A Deposit

The process to fund an FXCM account with one of the new payment methods is straightforward:

  1. Sign in to MyFXCM.com
  2. Click ‘Deposit’ under your account summary
  3. Choose the payment method from the list of options and follow the on-screen instructions

Making a deposit to FXCM using PayPal

About FXCM

FXCM is a popular broker, established in 1999. The firm has over 130,000 clients and holds licenses with trusted regulators, including the UK’s Financial Conduct Authority (FCA), the Australian Securities & Investments Commission (ASIC), and the Cyprus Securities & Exchange Commission (CySEC).

Clients can speculate on global financial markets, including 40+ currency pairs, shares from the US, UK, Hong Kong, Australia and Europe, energies and metals, plus popular cryptocurrencies like Bitcoin.

Traders can choose between four trading platforms, including the industry-leading MetaTrader 4, Capitalise.AI for code-free automated trading, and the broker’s in-house software.

Sign up today to start trading.

Your capital is at risk. Trade only with funds you can afford to lose.
FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM remains a popular choice for day traders. The broker is also regulated by top-tier authorities including the FCA, ASIC, CySEC, FSCA, BaFin.