FCM Fees

FCM Fees

Funding your account at Edge Clear often requires wiring funds to your segregated account at the FCM.

Though most FCMs do not charge a fee for the transfer of funds into an account, they may charge a fee for the transfer of funds out of the account. The fees that an FCM may charge vary from firm to firm. Please see the list of Edge Clear's FCM partner's fees below.

Philip Capital 

Incoming Wires
Free
Outgoing Wires (Any currency)
$25
Returned Wire
$25
Outgoing Paper Checks (Limit $100,000)
$4
Resend Check (Stop Payment)
$25
Bounced Checks
$30
ACH (cleared after a minimum of 5 business days, limit $5,000 per 60 days)
Free
Currency Conversion
Exchange Marked up
Risk Liquidation 
$25 ($5 for micros)
Margin Call Fee
$50

Ironbeam 

Incoming Wires
Free
Outgoing Wires
$40 (Domestic US) $60 (International)
Outgoing Paper Check
Free
Overnighted Check
$40 (Domestic US) $60 (International)
Risk liquidation
$50 per Contract 
Margin Call Fee
$50

Dorman

Incoming Wires
Free
Domestic Wire Transfer
$30 (Domestic) $40 (International) 
Outgoing Check
Free
Currency Conversion
$40
Risk Liquidation
$50+$2/contract
Margin Call Fee
$50

Plus500

Incoming WiresFree
Wire Transfer$10 (Domestic) $30 (International) 
Outgoing CheckNot Available
Risk Liquidation$50+$2/contract
Margin Call Fee
$50

The above information was drawn from sources believed to be reliable. Although it is believed that information provided is accurate, no guarantee is made. Edge Clear assumes no responsibility for any errors or omissions.  Fees can change at any moment without notice. 



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