Here is the conditions of Deposit/Funding for CFI Markets.
CFI Markets - What's now?
CFI Markets offers a variety of methods for depositing funds quickly and easily.
Learn more about their convenient funding methods below.
*For your security, you can only withdraw funds by the same method you used to deposit them into your CFI Markets account.
|Deposit Method||Maximum Deposit Amount||Minimum Deposit Amount||Fees|
|Bank Wire Transfer||Unlimited||$100||CFI Markets does not apply any fees, charges are up to the corresponding Bank used.|
|VISA/Mastercard||$2,000 / week||$100||2.5% of the value of the transaction|
|Neteller||$2,000 / week||$100||3% of the value of the transaction|
|Skrill||€10,000 / week||€100||4% of the value of the transaction|
|Paypal||$2,000 / week||$100||6% of the value of the transaction|
|Safecharge||$2,000 / week||$100||up to 2.8% of the value of the transaction|
Typically the fastest method of funding your CFI Markets account. Wire transfers are usually received the same day that they are sent by your financial institution and will post to your account the day after they are received.
Funds will be returned if the funds are deemed Third Party (defined as any account other than one of the same name as the account title held at CFI Markets) or if the account is not opened.
Wire transfers can be made to one of the following banks:
- Societe Generale Bank – Cyprus EUR/USD
- Hellenic Bank Public Company EUR/USD
Checks must come from a bank account in the same name as your CFI Markets account and must be of the same entity.
CFI Markets accepts credit card payments as an available funding option for USD and EUR. Clients may make multiple deposits per month up to a maximum amount determined by income.
Additionally, to protect the best interest of clients, credit card deposits cannot be withdrawn through a wire, they can only be credited back to the Credit Card originally used.
When you open an account with any of the payment providers mentioned above (Credit Card, Neteller &/or Paypal) your first payment will be free of charge regardless of the amount deposited. With the exception of Skrill where the first payment is for free up to €2,000.
*CFI Markets accepts Visa, MasterCard and Discover in US Dollar amounts and EUR only. Credit Card payments must be received by 10 a.m. Eastern Time (5 p.m. Cyprus time) or in a way to be from 08:00 am till 05:00 pm (Cyprus time).
*CFI Markets will accept credit/debit card deposits only when name of the account matches the name on the card holder. When depositing funds, please arrange to send the money in the same currency of your account. Clients will bear the transfer charges fees if they must deposit funds in a currency other than their account base currency, while CFI Markets will arrange to effect the conversion at prevailing market rates.
*Important: Credit Card deposits will not be processed without a copy (front and back) of the credit card being used. The copy must include front and back of the credit card, with the name and the last four digits showing on the front. The rest of the digits must be blacked out. Security information on the back of the card must also be blacked out by the card holder. Please send copies to CFI Markets.
*Clients have the right to request additional details on the transaction for any inducements.