Funding Account by PALAPL

[ibvr2004]

Hi,

Anybody here did fund their account by PALPAL?

I want to fund my CMC account by PALPAL. Do CMC or PALPAL charge you any fee for the service?

[tman]

It is free to send a payment via PayPal. However the receiver of the payment, in this case CMC, is charged a fee to receive the payment. And if you look at the note in the funding account section it states the following:

"NOTE: Please be very careful to only send paypal payments in USD to CMC from the same official email address account as registered in your CMC Account application.

Please also note that any fees charged via the CMC service will be passed straight-through and deducted from your incoming payment."

[MasterE]

yes i funded an oanda mini account by paypal, they do take off 2-3%, so if its a large amount, better to wire it.
i think for a mini tho its not so bad, ur likely to lose less on your first trade LOL