Deposit Account Settings
Last updated
Last updated
This is an abridged version of the user guide, highlighting essential features. To access the full version with detailed steps, kindly reach out to your dedicated Account Manager.
In the Deposit Settings menu, brokers can configure the following:
In the Deposit Account Settings tab, brokers can choose whether to allow clients to deposit funds into their CRM wallets or directly into their trading accounts. This decision depends on the broker's preferences and business requirements.
Allowing clients to deposit into their CRM wallets provides flexibility in managing funds. Clients can deposit funds into their CRM wallets and then allocate them to their trading accounts using the "Transfer" function. This centralizes the balance and allows clients to distribute funds as needed.
Alternatively, brokers may prefer to restrict deposits directly to the trading accounts, bypassing the CRM wallets. In this case, clients would deposit funds directly into their trading accounts without any intermediate step.
In the daily deposit settings, you have the ability to define a specific timeframe during which clients are allowed to submit deposit requests. This timeframe restricts the submission of deposit requests to the specified period within a day.
This helps ensure that deposit requests are submitted during hours when the broker's team is available to process them.
In the deposit request settings, brokers can set the maximum limit for the number of pending deposit requests that clients can submit. This allows brokers to manage and control the number of pending deposit requests from clients at any given time. Furthermore, brokers can empower clients to cancel their own online payment/deposit requests if they change their mind before processing. Brokers can also limit which payment statuses are eligible for cancellation.
