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Online foreign exchange and CFDs brokerage DMM FX has announced that starting from Monday (February 8th, 2016) it is waiving all fees on deposits and withdrawals. The policy will take effect from 10:00PM (GMT). The new fees structure includes all deposits and withdrawals for transactions above 1000 units of base currency (or 100,000 units when in Japanese yen).
In the terms and conditions of the offering we find that DMM FX reserves the right to refuse the payment of funds if it would lead to a negative balance on the client’s account after the payment order is processed. Should the withdrawal be unsuccessful due to incorrect banking or payment details provided by the client, the brokerage will charge ... (read more)