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RoboMarkets Wallet
- What opportunities does RoboMarkets Wallet offer? Page issue
RoboMarkets Wallet is the "key" for controlling all your funds at RoboMarkets. The Wallet represent several accounts with different base currencies, which are combined in the same payment service.
You can use the Wallet:
- To store funds, which are not involved in trading.
- As a "transfer station" for transferring funds to trading accounts.
- To withdraw your profit.
The Wallet provides an opportunity to deposit and withdraw funds, and distribute them between all your accounts and the Wallet's transit accounts using internal transfer service.
- Why is the Wallet opened with several currencies?Page issue
The Wallet represent several accounts with different base currencies, which are combined in the same payment service. The list of available currencies is defined by the client’s country of residence. The complete list contains EUR and USD, the world's most popular currencies, along with CHF. The Wallet multicurrency support makes it possible for clients to deposit funds in the currency that is more convenient to them.
- Can I have the Wallet in any currency?Page issue
No. Your country of residence determines the currencies of your Wallets and this list can't be extended from that you already have in your Members Area.
- What currencies can be used to deposit funds to the Wallet?Page issue
The Wallet supports 5 types of transit accounts in USD, EUR, CHF, GBP, and GOLD. If the currency of the deposited funds differs from the currency of the transit account, the funds will be converted according to the Company's internal exchange rates.
- What currencies can be used to deposit funds to my trading account using the Wallet?Page issue
Funds can be deposited to your trading account in one of 3 currencies (USD, EUR, CHF) by choosing it as a source for depositing the corresponding transit account.
- How can I deposit funds to my trading account if the account currency is not on the list of transit account currencies?Page issue
You can choose any transit account to deposit funds. If the currency of the transit account differs from the currency of the account you deposit, the funds will be converted according to the Company's internal exchange rates.
- Is it possible to deposit funds to my trading account in the currency that is on the list of the Wallet currencies using the transit account in the different currency? Page issue
Yes, it is. However, the deposited funds will be converted into the account currency according to the Company's internal exchange rates.
- Why is the transit account balance different from the total balance of trading accounts in the same currency?Page issue
The Wallet balance doesn't show the total balance of trading accounts. The Wallet funds don't influence the amount of funds on trading accounts.
- Am I allowed to transfer funds from my Wallet of the Wallet of other client? Page issue
No, you're not.
- Am I allowed to transfer funds from one of my transit accounts to the other? Page issue
Yes, you are. It can be done in your Members Area. During the transfer, the funds will be converted according to the Company's internal exchange rates.
- Where are the funds from trading accounts withdrawn to?Page issue
The funds from trading accounts are withdrawn to the chosen transit account of the Wallet. If the currency of the trading account differs from the currency of the transit account, the funds will be converted according to the Company's internal exchange rates.
- How are the funds withdrawn? Page issue
The funds are withdrawn only from the Wallet transit accounts. To withdraw funds, you are allowed to use only those payment systems, which were used for depositing.
- What do I do if the transit account doesn’t have enough funds for depositing the trading account? Page issue
In this case, there are several options:
- Deposit the deficient amount to the transit account and then deposit the trading account.
- Deposit the deficient amount to the transit account from other transit account and then deposit the trading account.
- Deposit the trading account with the sum that is available on the transit account and then deposit the trading account from the other transit account.
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