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Home IFT Fund Deposit

Deposit of Margin Funds

The minimum deposit required to start trading is $3000 US dollars. All deposits and withdrawals are in U.S. dollars.

Use any of the options below to transfer funds to your account:

 

Option 1 - Wire Transfer

You may wire transfer your funds for credit to your IFT account. To do so, follow the following steps:         

Step 1. Instruct your bank to transfer funds: ( Print the instructions)

To:
Bank Name
: HSBC HongKong
Bank Address: HSBC Main Building, No.1, Queen's Rd Central, Central HongKong SAR

Account Name: Star America Holdings, LLC
Account Number: 500-67 85 45
Special Instructions: please fax your wire transfer slip to 1-703-9978545

Step 2. Complete the IFT Wire Transfer Form:

Once you have processed your wire transfer, please complete IFT Wire Transfer Form to let us know funds are arriving under your name and for your IFT account. Please note: if this form is not completed, your wire transfer deposit may take up to 3 weeks to be processed.

BizFOREX Service Charge: $0.

Bank Service Charge: if you do not take care of the service charges when wiring the funds, the receiving bank may deduct a service charge directly from the incoming funds. This is bank's own service charge and is not applied by BizFOREX.

Processing Time: Wire transfers are credited to your IFT account as soon as the funds appear in the bank. US wire transfers usually arrive within 1 business day. International wire transfers may take up to 3 or 4 business days.


Option 2 - Checks & Money Orders

Certified, Cashier's, Official, or Money orders obtained from banks may be used for margin deposits. The funds for all checks have to be in U.S. Dollars.

International checks are currently accepted but clearance time but will entirely depend on the clearing bank. You may send your check directly

        To our bank :

              Bank Name: HSBC HongKong
              Bank Address: HSBC Main Building, No.1, Queen's Rd Central, Central HongKong SAR

              Account Name: Star America Holdings, LLC
              Account Number: 500-67 85 45

Or to our US Office:
3422, Old Capital Trail, Suite 700.
Wilmington, DE 19808-6192
USA

Special Instructions: The check must be payable to: "Star America Holdings, LLC".

BizFOREX Service Charge: $0.

NSF or Returned checks: If your deposit check is returned, your account will be suspended and all positions closed. You will also be charged an additional fee of $100.00 which will be deducted from your trading account. International checks are returned without processing.

Processing Time: BizFOREX will send you notification via email when your check is received by mail. Personal Checks may take up to 10 business days from the date of receipt to clear through the banking system. Certified, Cashier's, Official, or Bank Checks will be immediately deposited into your IFT account upon receipt.

 

Option 3 - Credit Card

You may charge your deposits to your credit card. The Credit Card deposit form can be submitted by completing the online Credit Card Deposit Form and clicking the "I agree" button.

BizFOREX Service Charge: $0.

Credit Card Service Charge: 4% of the total credit card charge.

Processing Time: TBA.

 

Option 4 - PayPal


You may transfer funds to your IFT account using PayPal. Just click on the PayPal Payments button below and follow the steps to transfer funds to your account. Please be sure to include your IFT username and account number in the Special Instructions of PayPal payment.

BizFOREX Service charge: $0.

PayPal Service charge: PayPal service fee of $0.30 per transfer plus 3.0% of the total amount transferred will be deducted from your margin deposit. This service charge is paid to PayPal.

Processing Time (Paypal Regulation): If you are a "Verified" PayPal account holder, your deposits using PayPal will be processed within 24 hours of receipt. Payments of more than US $100 will not be accepted for "Unverified" PayPal account holders. We strongly recommend that you verify your account with PayPal to prevent any chargebacks on your account.

Your account will not be authorized for trading until your funds have been received and cleared through the banking system. All funds will be maintained at a major financial institution.

If you have any questions about these instructions, or need help completing your application, please contact us.