Funding

Do I need to deposit any funds to activate my account?

You can sign in to your account as soon as your application has been successful and you have clicked on the verification link 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 strategies in a risk-free environment, our free demo account will allow you to practise trading with virtual funds.

How do I fund my account?

How to fund your account - CAD

You can fund your account through the following options. Please ensure that any payment you make to fund your account is from an account in your name. Any payment from third party sources will be returned.

Payment method Charges Timeframe Method
Online Bill Payment Nil 24 business hours Online
Electronic Funds Transfer (EFT)* Nil 3 full business days hold Please fill out our EFT form and send it back to us
Phone: 1866 884 2608 option 3
Email: clientmanagement@cmcmarkets.ca
Wire Transfer $15 levied by CMC Markets’ bank for domestic wires 24 business hours Through the bank
Personal Cheque Nil 5 full business days hold Mail to: 100 Adelaide St. West
Suite 2915
Toronto, ON
M5H 1S3

*EFT requests received before 11am EST may be processed same-day.

Note:

  •  - Charges will be deducted from the payment amount and net proceeds credited to your trading account. We do not accept any credit card payments.

  •  - If funding received does not match the currency of the account, a delay in processing will occur.

 

How to fund your account - USD

You can fund your account through the following options. Please ensure that any payment you make to fund your account is from an account in your name. Any payment from third party sources will be returned.

Payment method Charges Timeframe Method
Electronic Funds Transfer (EFT)* Nil 3 full business days hold Please fill out our EFT form and send it back to us
Phone: 1866 884 2608 option 3
Email: clientmanagement@cmcmarkets.ca
Wire Transfer $15 levied by CMC Markets’ bank for domestic wires 24 business hours Through the bank
Personal Cheque Nil 5 full business days hold Mail to: 1420-120 Adelaide St W
Toronto, ON M5H 1T1

*You must have EFT set up in your account before this feature can be utilized. EFT requests received before 11am EST may be processed same-day.

Note:

  •  - Charges will be deducted from the payment amount and net proceeds credited to your trading account. We do not accept any credit card payments.
  •  - If funding received does not match the currency of the account, a delay in processing will occur.
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