Payment Methods

Trading in any investment opportunity that may generate profit requires TeraFX’s customers to deposit money on their online account. Profits may be withdrawn from the online account.

Deposits and withdrawals are regulated by this Payment Methods Page which should be read together with our Standard Deposit & Withdrawal Policy (DW policy) as well as the generally applicable Terms and Conditions.

Deposit (D) TeraFX
Description Accepted Currencies Transfer Limits1 Transaction Time Transfer Costs2 Quick Links
Bank Transfer USD, EUR, GBP, PLN (PLN Only Citibank) No Min. No Max. 1 to 5 Business Days No Fees Use Your Bank System
Credit Card USD, EUR, GBP, PLN No Min. No Max. Instantly No Fees Deposit Now
Debit Card USD, EUR, GBP, PLN No Min. No Max. Instantly No Fees Deposit Now
E-Wallet USD, EUR, GBP, PLN No Min. Daily Max.:
5,000 USD, EUR, GBP
Instantly No Fees Deposit Now

1Payment service providers (PSPs) impose their own limits of which TeraFX is not in control. As indication only: some PSPs have the maximum deposit amount of 70,000 EUR in 24 hours; in some circumstances maximum could go down depending on your and PSP relationship and could be as low as 6,000 EUR or even lower. It is outside.

2 If you are using a non-UK debit/credit card or paying from a non-UK bank, there may be instances where a small fee is charged by your provider, which can be refunded to your trading account upon receipt of proof of charges. TeraFX reserves the right to apply/vary transfer limits and costs on a case by case basis depending on the client location (in rare circumstances), in any case client will be informed in advance about variations and any charges involved.

Note: TeraFX accepts no liability if a client is unable to deposit funds due to technical issues and clients should always make sure they have excess funds in their account to allow for any adverse move in financial markets.
TeraFX does not accept cash or cheques as a payment method for deposit in any of its bank accounts.



Withdrawal (W)
Description Accepted Currencies Transfer Limits3 Transaction Time Transfer Costs3 To Request
Bank Transfer USD, EUR, GBP PLN (PLN Only Citibank) No Min. No Max. 1 to 5 Business Days (depends on country) No Fees Login
Credit Card/ Debit Card USD, EUR, GBP, PLN No Min. No Max. 2 to 5 Business Days (or more depending on the credit card) No Fees Login
E-Wallet USD, EUR, GBP No Min. Max.: 10,000 USD 1 to 3 Business Days No Fees Login

3TeraFX reserves the right to apply/vary transfer limits and costs on a case by case basis depending on the client location (in rare circumstances), in any case client will be informed in advance about variations and any charges involved.

Occasional one off cost for withdrawal:

TeraFX charges 25USD one off withdrawal fee if no trades were made on the account and full deposit is requested for withdrawal. This fee covers on boarding cost. See our DW Policy for detailed examples.

All withdrawal requests received on a business day before 2pm (UK time) will be processed on the same day. Any requests received after this will be processed on a best endeavours basis.

Our payment system providers (PSPs) accept the following types:

Accepted Credit / Debit Cards:

Visa

MasterCard Debit

Visa Delta

Visa Debit

Maestro

Visa Electron

Accepted Alternative Payments, including e-wallets:

Skrill

Neteller

Sofort

Union Pay

If you want to know PSP providers we are working with please email to funding@terafx.co.uk.