You can withdraw funds from your FXCM trading account by bank wire. Log in to MyFXCM for details, or watch this video to see step-by-step instructions on bank wire withdrawals.
Withdrawing funds from your FXCM trading account via wire can be done in a few easy steps. From the home page of the FXCM website hover over Log In and click My Account. You will be routed to the MyFXCM login page. Log in using the same ID and password used to access the Trading Station. It is important that you do not copy and paste your login information. Doing so may cause extra spaces or unwanted characters to be included. Once logged in, click on Withdraw funds. The available withdrawal options will be displayed in the Withdrawal Method section. These options are determined based on the location of your bank. It is important to note fees may apply for wire withdrawals. To review FXCM's fees, click the Fees May Apply text to the right.
To proceed select the Withdrawal by Wire option. Then click continue. You will be given the opportunity to verify the banking information FXCM has on file for your account. If any of the information shown in this window is incorrect, it is important that you update it. Please note, banking information is required to withdraw funds via wire. If there is currently no banking information on file for you, please take a moment to provide your information here. All updates made here will be automatically reflected on your account. Once you have verified your banking information, click Continue. Make sure the account number listed is the account from which you want to withdraw funds. Then, enter your desired withdrawal amount. If you are withdrawing the full balance of your account you may specify whether or not you would like to close your account. If you choose to keep your account open you may redeposit funds into that account up to six months after the full balance was withdrawn. If you choose to close your account you will be required to submit a new application to reopen your Trading account with FXCM in the future.
Re-enter your password for security reasons. Then, click Continue. You will be given the opportunity to review your withdrawal before submitting it to be processed. Take a quick moment to review the information to ensure everything has been entered correctly. Once verified, click Submit. Once your withdrawal has been submitted you will be shown a withdrawal confirmation page. You may select to print and/or save the confirmation page for your records. Once your wire withdrawal has been submitted, please allow three to five business days for the funds to be reflected in your bank account. If you have any questions regarding your withdrawal, please refer to the FAQs located under the Support tab of our main website. If you are unable to find the answer to your question in the FAQs, feel free to contact our office at any time.
Educational Videos: All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.