Step-by-step guide to funding your trading account
Funding your trading account is an exciting step - it means you're ready to start your trading journey! We've designed our deposit process to be quick, secure, and convenient, with multiple payment options to suit your preferences. This guide will walk you through everything you need to know about depositing funds into your WG account.
At WG, we believe in giving you choices. That's why we offer a variety of deposit methods, each with its own advantages. Let's explore your options so you can choose the one that works best for you.
Bank transfers remain one of the most popular deposit methods, especially for larger amounts. While they may take a bit longer than other methods, they're incredibly secure and widely accepted.
When you choose bank transfer, you'll receive our banking details including the account number, routing information, and a unique reference code. It's crucial to include this reference code with your transfer - it's how we identify your payment and credit it to your account.
Processing times for bank transfers typically range from 1-3 business days, depending on your bank and location. International transfers may take slightly longer. We'll send you an email confirmation as soon as your funds are received and credited to your account.
For immediate deposits, credit and debit cards are hard to beat. We accept all major cards including Visa, Mastercard, and Maestro. The funds are usually available in your trading account within minutes.
Our card processing is secured with the latest encryption technology, and we're fully PCI-DSS compliant. Your card details are never stored on our servers - they're tokenized for maximum security.
One thing to note: some banks may treat deposits to trading accounts as cash advances, which could incur additional fees. We recommend checking with your card issuer first to avoid any surprises.
E-wallets like Skrill, Neteller, and PayPal offer the perfect balance of speed and convenience. If you already use these services, depositing is as simple as logging into your e-wallet account and authorizing the transfer.
The biggest advantage of e-wallets is speed - deposits are typically instant. They also add an extra layer of security since you don't need to share your banking details with us directly.
Many traders appreciate e-wallets for their transaction history features, making it easy to track your trading deposits and withdrawals in one place.
We're proud to accept deposits in major cryptocurrencies including Bitcoin, Ethereum, and USDT. Crypto deposits offer unique advantages like 24/7 availability and relatively low transaction fees.
When you select cryptocurrency deposit, we'll generate a unique wallet address for you. Simply send your crypto to this address, and once the transaction is confirmed on the blockchain, your account will be credited. Bitcoin typically requires 3 confirmations, while Ethereum needs 12.
Remember that cryptocurrency transactions are irreversible, so always double-check the wallet address before sending. We display the address as both text and a QR code for your convenience.
Ready to make your first deposit? Let's walk through the process together. While the specific steps may vary slightly depending on your chosen payment method, the general flow remains the same.
Start by logging into your WG account. If you haven't completed the verification process yet, you'll need to do that first. Don't worry - our verification is quick and straightforward, usually completed within 24 hours.
Once logged in, look for the 'Deposit' or 'Fund Account' button. It's prominently displayed in your account dashboard. Click it to access the deposit page where you'll see all available payment methods for your region.
Select your preferred payment method from the available options. Each method will show estimated processing times and any applicable fees. Take a moment to review these details before proceeding.
Enter the amount you wish to deposit. Remember to check the minimum and maximum limits for your chosen payment method. If this is your first deposit, we recommend starting with an amount you're comfortable with as you familiarize yourself with the platform.
Follow the on-screen instructions to complete your payment. This might involve being redirected to your bank's website, logging into your e-wallet, or scanning a QR code for crypto deposits. Always ensure you're on a secure connection (look for the padlock icon in your browser).
Once your payment is processed, you'll see a confirmation screen with a transaction reference number. Save this for your records. You'll also receive an email confirmation. Your funds should appear in your trading account according to the processing time for your chosen method.
Before making your deposit, there are several important points to keep in mind to ensure a smooth experience.
For security and regulatory compliance, your account must be fully verified before you can deposit. This includes identity verification (KYC) and, in some cases, proof of address. If you haven't completed verification yet, you'll be prompted to do so when attempting to deposit.
The verification process protects both you and us from fraud. While it might seem like an extra step, it's essential for maintaining a secure trading environment.
Different payment methods have different minimum and maximum deposit limits. These limits may also vary based on your account type and verification level.
As a new trader, you might have lower initial limits which increase over time as you build your trading history with us. If you need higher limits for your trading strategy, our support team can help you explore options for increasing them.
We strive to keep our fees as low as possible, and many deposit methods are free of charge. However, some payment processors may charge their own fees, particularly for international transactions or currency conversions.
Always review the fee structure before confirming your deposit. The total amount that will be credited to your account is clearly displayed before you complete the transaction.
Your WG account has a base currency selected during registration. If you deposit in a different currency, an automatic conversion will take place. We use real-time market rates for conversions, with a small markup that's clearly disclosed.
To avoid conversion fees, try to deposit in your account's base currency whenever possible. If you frequently trade in multiple currencies, consider opening additional accounts in those currencies.
Your security is our top priority. Here are some best practices to keep your deposits safe.
While our deposit process is designed to be smooth, occasionally issues can arise. Here are solutions to the most common problems.
If your payment is declined, first check with your bank or card issuer. Many banks block international transactions or trading-related payments by default for security reasons. You may need to authorize the transaction with them first.
Also ensure you're entering all payment details correctly, including the CVV code for cards. If problems persist, try a different payment method or contact our support team.
If your deposit hasn't appeared within the expected timeframe, don't panic. Bank transfers, in particular, can sometimes take longer than anticipated due to intermediary banks or time zone differences.
Check your email for any confirmation messages and have your transaction reference ready. If the expected processing time has passed, contact our support team with your transaction details, and we'll investigate immediately.
If the amount credited to your account doesn't match what you sent, it's usually due to fees charged by payment processors or currency conversion. Review your transaction confirmation to see if any fees were applied.
If you believe there's an error, contact our support team with your transaction details and proof of payment. We'll review the case and ensure any discrepancies are resolved quickly.
Congratulations! Once your deposit is successfully credited to your account, you're ready to start trading. Take a moment to familiarize yourself with the platform if you haven't already. Consider starting with smaller trades as you build your confidence and understanding of the markets.
Remember, successful trading isn't just about having funds in your account - it's about using them wisely. Take advantage of our educational resources, use appropriate risk management tools like stop-losses, and never trade more than you can afford to lose.
If you have any questions about your deposit or need assistance getting started with trading, our support team is available 24/7 to help. Welcome to WG, and happy trading!