Question: How does internal money transfer work? What are the conditions?
You can quickly transfer funds in real-time between trading accounts with the same base currency.
You can also transfer funds between accounts with different base currencies, currency conversions will take place at the wholesale rate received by IC Markets banking partners.
Simply select the trading account you wish to transfer funds from and the account you wish to transfer funds to and click on the ‘Transfer Funds Now’ button.
Before transferring funds between your trading accounts you should consider the margin in your account as your positions may be stopped out sooner than expected and you may incur a financial loss.
IC Markets does not take any responsibility for the use of this feature.