Deposit Fee Waiver
Wire Transfer Fees
GDMFX can reimburse the expenses incurred by its clients when making a deposit by international wire transfer, depending on the deposited amount.
While GDMFX does not impose any charges on its Clients for processing deposits sent via international wire transfer, sometimes the sending bank and intermediary banks might collect certain fees and commissions on the customer’s end. These expenses do not depend on GDMFX, and the company has no control over them, but it can, however, reimburse them.
In order to apply for the reimbursement, clients have to send a request to Accounts@gdmfx.com attaching a scan of an official bank document confirming the fees which the client has paid. Such a document can be a wire transfer confirmation from the sending bank or a SWIFT MT103 confirmation.
Example: A client deposits USD 500 to GDMFX via wire transfer. The Client’s bank collects a fee of USD 30 for the transfer, and its intermediary bank deducts another USD 10 of fees and commissions. At the end of the day, GDMFX receives USD 460 which it adds to the Client’s Trading Account Balance.
Please note, GDMFX will cover the fees and commissions described above up to a maximum of USD 70.00 per wire transfer.
Local Deposit Fees
All Commissions charged for deposits processed via Local Deposit Methods are automatically covered by GDMFX as per our Deposit Fee Waiver Policy for Local Deposit Methods.
For more information, do not hesitate to contact our Customer Support department!
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