Funding

Questions

Answers

  • How do I fund my account?

    You can fund your account using a credit or debit card or by transferring funds from your bank account. There is a 2.3% charge for credit card payments and 2.3% charge for debit cards however if your first fund to your account is by Credit Card, we will waive the fee. We do not accept cheque or cash deposits. Please ensure that any payment you make to fund your account is from a card or account in your name. Any payment from third-party sources will be returned.

    We do not accept AMEX or Diners cards. If you send funds to us from outside of Australia, then additional charges may apply to bank transfers.

    Charges will be deducted from the payment amount and net proceeds credited to your trading account.

    Please note we will only take deposit requests over the phone if your account is approaching margin call.

  • What is POLi?

    POLi is an online payments service that enables you to make safe, real-time payments to CMC Markets directly from your online bank account. Note: CMC Markets will not charge you for this transaction.

  • Does POLi work on Macs and PC's

    We are using the latest version of - POLi 3 which is compatible on both Mac and PC. This version removes the need to download any software.

  • I was timed out during my payment, how do I know if my payment went through?

    Your payment has most likely not been processed. If in doubt please check your account balance under 'Account' or alternatively call us on 0800 26 26 27 or via email at clientmanagement@cmcmarkets.co.nz and we’ll be happy to help you.

  • 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.

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