deposits & withdrawals
To start trading with traderXlab, you will need to deposit funds into your trading account. If you do not have an account, you can open one by signing up here. If you already have an account, you can log in here. To deposit funds in your account, click on deposit on the top right corner of the page. Below you will find a list of the deposit methods we accept. The minimum amount you can deposit in your account is $250 and any additional bank fees are covered by us. If your deposit is done using an online method, it usually appears instantly in your account.
If you wish to withdraw any funds you have in your trading account with traderXlab, the procedure is simple. Once you log in to your account, you click on deposit on the top righ corner of the page and on the new window, you click on withdraw. The minimum amount you can withdraw from your account is $50 and any additional bank fees are covered by us. If not otherwise requested, the method you used to make your deposit will be used for your withdrawal. Please keep in mind that any trading bonuses are not withdrawable, as they are there to simply boost your trading.
Should you require further assistance, both in depositing and withdrawing funds, your personal account manager, as well as our support department are there to guide you.
|deposit method||currency||fees||minimum deposit||processing time|
|Maestro||USD/EUR/GBP||no fees||250 USD/EUR/GBP||instant|
|Master Card||USD/EUR/GBP||no fees||250 USD/EUR/GBP||instant|
|Visa||USD/EUR/GBP||no fees||250 USD/EUR/GBP||instant|
|Wire Transfer||USD/EUR/GBP||no fees||250 USD/EUR/GBP||processed in 24hrs*|
|Bitcoin||USD/EUR/GBP||no fees||250 USD/EUR/GBP||instant|
|withdrawal method||fees||minimum withdrawal||processing time|
|Maestro||no fees||50 USD/EUR/GBP||processed in 24hrs*|
|Master Card||no fees||50 USD/EUR/GBP||processed in 24hrs*|
|Visa||no fees||50 USD/EUR/GBP||processed in 24hrs*|
|Wire Transfer||no fees||250 USD/EUR/GBP||processed in 24hrs*|
|Bitcoin||no fees||250 USD/EUR/GBP||processed in 24hrs*|
*Times may vary according to your banking institution. Different banks have different timeframes, within which they process a transfer. On our side, we process any payments within the specified timeframe above. You are strongly advised to first contact your banking institution regarding a pending transaction.
transparency | efficiency | security
Both our platforms support various orders including limit, stop and trailing stop orders. You can place orders any time during the trading hours and orders are filled instantly, with quotes directly from the markets. TraderXlab prides itself in having a fast and fair execution, with orders filled with transparency.
Swap-free accounts or better known as Islamic Accounts are accounts provided to clients of Islamic faith. To abide with the Islamic faith, no swap or rollover interests on overnight positions are charged on Islamic Accounts. To request an Islamic Account you simply open a regular trading account with us, and once you’ve activated your account, you contact your account manager or our support department to request an Islamic Account and submit the relevant supporting documents.
*Please note that, in the event of abuse, the company reserves the right to revoke the Islamic Account status granted to any account.
To ensure we provide the best pricing for our customers, we receive our pricing quotes directly from the market, with orders executed instantaneously on all our platforms. The spread tightens or widens based on various market conditions and higher volatility. You can find the specific spread of each instrument here.
Each specific asset has their own specific trading hours. Forex, i.e currency pairs, are traded 24/5 from Monday at 00.00 to Friday at 20.00 GMT. Commodities are traded from Monday to Thursday 00.00 – 23.00 and on Friday from 00.00 – 20.00 GMT. US stocks and futures are traded every working day of the week, from 13:30 – 20:00 GMT, UK stocks and futures are traded every working day of the week, from 07:00 – 15:30 GMT, German Stocks and Indices from 07:00 – 17:00 GMT, and French stocks from 07.00 to 15.30 GMT, every day of the week. Cryptos are traded 24/7, giving you unlimited options. You can find the specific trading hours of each instrument here.
overnight positions & swaps
For positions held overnight, the provider may charge a rollover interest. In case of a currency pair, the swap charged depends on the position, as well as the difference in exchange rates of the currency pair. The swap is charged for positions left open after 22.00 GMT. Positions left open on Saturday and Sunday evenings are not charged a swap, however, on Wednesday evening the swap is charged for three days. You can find the specific swap charged for every instrument here.