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Broker Processing Service |
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Electronic Funds Transfer via "Broker Processing Service" is a convenient and inexpensive way to deposit USD funds securely into your MoneyForex Account from your U.S. Bank Account. Deposits are cleared within 24 hours. Deposits over 500USD are FREE of charge. Deposits less than 500USD will be charged a 10USD processing fee. As for withdrawal via BPS, a minimum $40 bank wire transfer fees applied. No third party payments are accepted.
Please follow the steps below to make your deposit. |
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SEND ELECTRONIC FUNDS |
In order to process funds via BPS, the client must set up an account by visiting BPS. For clients that already have a BPS account, please login here.
STEPS IN TRANSFERRING FUND FROM YOUR BANK ACCOUNTS:
- If you do not have a BPS account, please register here.
- Under "Brokerage Firm", select MoneyForex and enter MoneyForex real account number or login username if you already have one. Otherwise for New Account sign up, please use number "999" as your temporary account number. Once MoneyForex receive the funding, a real account number will be issued to you via email.
- For returning clients and who wishes to fund their existing forex account, please login here.
Note: When filling out the application, please select MoneyForex Financial Ltd. under Brokerage Firm. Please be advised that withdrawals of funds deposited via BPS may be restricted unless withdrawn to the bank account of origin.
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