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FAQs

Can I transfer funds to/from another broker?

We can only carry out such transfers to and from EU-regulated brokers and on a case-by-case assessment basis. Please contact the Support Team at support@tier1fx.com for further assistance.

Can I transfer funds to someone else’s account?

No. This is considered a third party payment and by law, we cannot accept such transactions.

Can I transfer funds if I have open positions?

Yes, you can, as long as you have sufficient funds to sustain your open positions. Please note that you are solely responsible for ensuring that you have enough Equity to sustain your open trades and avoid a stop out.

I have a self-direct and a managed account. Can I transfer funds between them and how long will the transfer take?

Yes, you can. Internal transfers are generally carried out instantly. In rare cases, it may take up to one (1) business day for such transfers to be completed.