When you open an account with HF Markets (HFM), the money you deposit or withdraw via bank transfer or virtual currency goes into your My Wallet. However, you cannot start trading if there is money in your My Wallet. This article explains the mechanism and features of My Wallet.
What is MyWallet?
My Wallet is a wallet given to HF Markets account holders. This wallet is called a wallet and has the following functions. Since not many FX companies have such functions, many people may be confused. You can check the information on the page that reflects the amount of deposits and withdrawals by making payments and transfers through banks, bxone, and image scanning of virtual currency (Bitcoin). You can see it immediately after completing the procedure. It is the biggest service. If you move around, it will occur and be reflected within a few minutes to an hour.
structure
HF markets does not directly enter your trading account when you first deposit. Money goes into your wallet called My Wallet in your account. You can then trade by transferring money from MyWallet to your trading account. MyWallet shows a relay point when transferring funds between trading accounts. Even when moving from a trading account to a trading account, it is necessary to move it to the wallet once.
For withdrawal
For deposits, you can transfer funds to your trading account via My Wallet, but this is the same for withdrawals. You have to move money from your trading account to My Wallet first and then process the withdrawal. In other words, when transferring funds or depositing or withdrawing money, you must go through My Wallet.
Method of funds transfer
In summary, you cannot make deposits or withdrawals without going through My Wallet, so you need to know how to transfer funds. First, access your account from the site map and enter your password to log in. This is a summary that can be easily used. Currently, you can deposit funds by specifying a credit card or bank account, so start by making a deposit. For reference, if you apply for a new account, the money will arrive within 24 hours, so it is recommended. Basically, the service comes with great support at the very least. If you don’t know the cause later, go to the official website and apply using the form from the button in the upper right corner.
After logging in, click on “My Wallet” on the left menu.
Here you can see your wallet balance and open accounts. Next is how to transfer funds.
Click on “Transfer Funds” from the left menu of the home screen. Even if the total is large, it will be reflected once it is accepted. Different transfers can be made in cash without any upper limit, so it is safe. Convenient and safe transfers can be made in advance. There are few problems when starting to invest.
Select “Wallet” as the source of funds transfer and your favorite trading account as the destination of funds transfer. You can send money by entering the amount you want to transfer. From means the sender, To means the destination, and Amout means the amount. Whenever you want to transfer funds from one trading account to another, you will go through this screen.
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