Electronic funds transfer

EFT direct deposit service provides a simple and cost effective way to make payments to and from your CMC Markets account.

EFTs received before 10am ET are generally applied to your CMC Markets account after a 3 full business day clearing period. Most major banks do not charge for EFTs, but we suggest you check with your bank before making an EFT deposit. CMC Markets does not charge for receiving EFT payments.

Click here to set up your account for Electronic Funds Transfer.

If your account is already set up for EFT, you can send your requests to our Payments department. Please include your name, CMC Markets Account number, the amount, currency and bank. Alternatively, you can complete the EFT Request Form and return it via email, fax, or mail.

We will endeavour to process requests made before 10am ET on the same day.

We cannot accept any other payment methods. If you send funds through any other method, we will need to return them to you, which can cause unnecessary delays and charges. In order to facilitate your funding without delay, please see below for the list of payment methods we will not be able to accept.

  1. Cash
  2. Credit Card
  3. Third Party payment – a 3rd Party is anyone other than the beneficiary name on CMC Markets Account
  4. Direct Deposits by cheque or cash into CMC Markets’ bank accounts