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FUNDING & WITHDRAWALS

SOME COMMONLY ASKED QUESTIONS ABOUT STARTING WITH AN ACCOUNT

You can deposit your money through Cheque, Internet banking, Demand draft, or from ATM directly in PMEX MCB Bank through Collect plus deposit slip.
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You will receive an SMS confirmation/email directly from Pakistan mercantile exchange upon the allocation of your deposits.

Funding:

The client can deposit through MCB collect plus deposit slip, any other bank Cheques, Internet banking, Demand draft, Pay-order or via ATM to PMEX MCB SC bank account.

Withdrawals:

Upon withdrawal request received by PMEX from the client amount will debit from client’s trading account and will be credited by PMEX to his designated bank account within 48 business hours.

In case of depositing through cheque of any bank other than MCB, it takes 72 working hours for clearance.

Upon withdrawal request received by PMEX from a client, the exchange deducts that amount from the client’s trading accounts and transfers directly to the client’s bank account which usually takes 48 working hours.

NO, you can’t give any money to the HG Markets for depositing in your trading account. A broker is “NOT ALLOWED” to handle the client’s cash in any circumstances.

MARGIN DEPOSIT

Bank

MCB

Account Title

Pakistan Mercantile Exchange Limited

Deposit

MF-71 (https://www.mcb.com.pk/digital-deposit-slip/deposit-slip-mf-71) or Collect plus Deposit Slip

Margin deposits: The Account Holder (s) shall directly pay via the MCB -MF-71 or collect plus deposit slip which will then automatically route to PMEX as margin deposit.

Kindly Note: Do not Deposit third-party cheques.