Deposit funds into your
Algo Trades trading account
Deposit funds to your trading account
Flexible funding options to get you trading faster
Algo Trades enables clients to open accounts and deposit funds in the following base currencies:
AUD – Dollars, USD – United States Dollar, EUR – Euro, GBP – British Pound Sterling, NZD – New Zealand Dollar, SGD – Singapore Dollar, JPY – Japanese Yen, CAD – Canadian Dollar, PLN — Polish Zloty.
| METHOD | PROCESSING TIME | FEES | AVAILABLE CURRENCIES | |
|---|---|---|---|---|
 |
Domestic EFT | 1-2 business days | $0 | AUD |
|
Domestic Fast Transfer Australia Only) | Up to a few hours, during AEST Business hours | $0 | AUD |
 |
International EFT | 2-5 business days | $0 | AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD, PLN |
 |
Credit/Debit Card(Visa and MasterCard) | Instant ¹ | $0 | AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD, PLN |
 |
JCB | Instant ¹ | $0 | JPY |
 |
China Union Pay | Instant ² | 1.30% – 2.50% | USD |
 |
Neteller | Instant | Subject to Neteller’s fees | AUD, USD, GBP, EUR,SGD |
 |
Skrill (Moneybookers) | Within 24 business hours. | Subject toSkrill’s fees * | USD, EUR, GBP, CAD |
 |
AstroPay | Instant | $0 | USD + Most local currencies |
 |
Broker-to-BrokerTransfer | 2-5 business days | Subject to bank transfer fees | AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD |
 |
FasaPay | Instant | $0 | USD |
|
Thailand Instant Bank Wire Transfer | Instant | $0 | USD |
- *International bank wire transfers may incur fees charged by your financial institution. Please check with your bank for more information.
- ¹Subject to 3-D Secure (3DS) authentication, risk management and daily limit measures.
- ²Subject to risk management and daily limit measures.
- ^ and ^^ Algo Trades may as a gesture of goodwill or as part of a promotion, cover fees charged by the merchant services provider by reimbursing them to your trading account. Contact your account manager for details.
- ³A country surcharge may be applied depending on your local jurisdiction. Please contact Skrill for more details.
Important information & fees
- Please note, Skrill/NETELLER is no longer available for clients residing in the following countries:
Åland Islands, Guinea, Saint Pierre and Miquelon, Anguilla, Kiribati, Saint Vincent and the Grenadines, Bhutan, Liberia, Solomon Islands, Burundi, Mali, South Georgia and the South Sandwich Islands, Cook Islands, Marshall Islands, St. Kitts and Nevis, Equatorial Guinea, Mauritania, Svalbard and Jan Mayen, Fiji, Montserrat, Timor-Leste, French Guyana, Niue, Vanuatu, Gabon, Papua New Guinea. - If you are experiencing any issues with failed Skrill transactions, please confirm whether you are located in a country that is serviced by Skrill/NETELLER. Find out more at https://www.skrill.com/en/footer/terms-conditions/non-serviced-countries/ or https://www.neteller.com/en/policies/non-serviced-countries.
- Algo Trades strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your Algo Trades trading account.
- We can only cover fees that we see. Other fees charged by your bank, intermediary remain your responsibility.
- Clients residing in Kazakhstan, Latvia, Russia or Vietnam are unable to deposit via Neteller.
- In the unforseen circumstance where funds are not instantly uploaded to MetaTrader 4, it still remains the responsibility of the client to ensure that they have placed the required funds in their account for trading via other payment methods.
- There is a restricted maximum deposits of $10,000 base currency units (except HKD and JPY)
- If your account was funded by credit card and a withdrawal is requested within 12 weeks, this withdrawal will be refunded back to the original credit card. The method by which we return client funds is at the sole discretion of Algo Trades.
- In the circumstance of a chargeback as the client you are responsible to cover any reversed payments and/or chargeback fees. If there are insufficient funds in the trading account to cover, you agree to make deposit to your trading account to cover via bank wire transfer.
- Payment options available to you may vary depending on your account base currency and your jurisdiction. Available payment options can be viewed in your client portal.
Start Trading with a Algo Trades Account Today
Register
Choose an account type and submit your application.
Fund
Fund your account using a wide range of funding methods.
Trade
Access 1000+ CFD instruments across all asset types on MT4 / MT5.
That's it. Welcome to the world of trading!
