Funding

You can fund your Trade Market Corporation - TMC account in the following ways:

• Cryptocurrency – via your trading account, either on the web-based platform or in the app
• Bank transfer – via your account manager
• PayPal – via your trading account, either on the web-based platform or in the app

These options are also listed on our web-based platform and in our app – look for the ‘Funding’ tab. 

We do not accept cash or cheque payments. We are also unable to accept American Express or Diners Club. 

In the platform, go to the ‘Funding’ tab, select ‘Add funds’. From here you will be prompted to enter the amount that you wish to deposit. Check all the details are correct before confirming your deposit.

We usually suggest adding $1000 the first time you fund your account, as this should give you sufficient funds to place and maintain a trade. 

As an example, if the minimum trade size for a spread bet on Gold is £0.50/pt, you would need to allocate an estimated margin of approximately £32.50 (5% margin rate for retail clients) to open the trade if the price of Gold were $1,300. The holding cost to keep this trade open overnight would be approximately £0.05, charged at 10pm (UK time) every night. Bear in mind that holding rates can change.   

For a CFD trade, if the minimum trade size for Gold is 0.4 units, that would require an estimated margin of approximately £21.25 (5% margin rate for retail clients) to open the trade if the price of Gold were $1,300. The holding cost to keep this trade open overnight would be approximately £0.03, charged at 10pm (UK time) every night.      

In this instance, the additional funds in your account would act as a buffer if the price of Gold were to move against you, as unrealised profits and losses are reflected in your account balance. Ensuring you have enough funds in your account to cover unrealised losses will mean your account balance won’t reach its close-out level in the event of adverse price movements. 

In principle, you can deposit up to £50,000 per transaction when using a credit or debit card to fund your account, though your bank or card issuer may set limits below this amount. To find out if limits apply to deposits made via bank transfer or PayPal, please consult your bank or PayPal.

You can sign in to your account as soon as your application has been processed and you have verified your account (a verification link will be sent to your registered email address). However, you won’t be able to place a trade unless there are sufficient funds in your account to open a position. If you prefer to test trading strategies in a risk-free environment, our free demo account allows you to practise trading with virtual funds.

We're here for you if you have any questions that aren’t covered on this page, or if you just need our assistance. email us at payment@trademarketcorp.com. We look forward to providing you with the information you need.