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What Other People Have Asked

FREQUENTLY ASKED QUESTIONS

Find out everything you need to know about opening an account or view commonly asked questions about managing your existing trading account.

  • What is the minimum age to trade with Genesis?
    The minimum age to open a trading account with Genesis is 18 years old.
  • Is my money secure in a Genesis trading account?
    Yes, your funds are secure. Genesis follows strict security protocols, keeping client funds in segregated accounts, and adhering to regulatory standards to ensure their protection.
  • How can I submit documents for verification?
    You can upload your documents directly through the client portal. Once logged in, go to the “Verify Account” section to upload the necessary documents.
  • What base currencies can I use for my account?
    Genesis currently supports accounts in USD. All of you account balances will be shown in USD.
  • How do I contact the Genesis team?
    You can reach the Genesis support team via email at support@genesisfxmarkets.com or by submitting a ticket through our website. You can also use the contact form on the “Contact Us” page.
  • How long does it take to verify my documents?
    Document verification typically takes 1–3 business days, depending on the volume of requests and the accuracy of the documents submitted.
  • How does Genesis keep client funds safe?
    Client funds are stored in segregated accounts and are insured according to regulatory requirements, ensuring they remain protected at all times. 2FA is also required to complete certain operations such as client withdrawals.
  • What account types do you offer?
    Genesis offers a range of account types, including Standard, ECN, and VIP accounts, each with different spreads, commissions, and features. You can visit the "Accounts" section on the website to compare each trading account.
  • How do I check my trading account balance?
    You can check your balance by logging into the Genesis FX Markets trading platform and navigating to the “Dashboard” or “Live Account” section.
  • What should I do if my personal information changes?
    If your personal information changes, log in and update your details in the “My Profile” section and click "edit". Some profile changes may require additional KYC documentation.
  • Can I open a corporate account?
    Yes, Genesis offers corporate accounts. Additional documentation such as corporate registration papers and a list of authorized signatories is required.
  • How can I close my account?
    To close your account, contact our support team via email or by submitting a ticket, and they will guide you through the process.
  • Are your platforms compatible with Mac?
    Yes, Genesis trading platforms are compatible with both Windows and Mac operating systems.
  • Where can I download the trading platforms?
    You can download our trading platforms from the “Platforms” section of the Genesis website. Simply select your preferred platform and follow the installation instructions.
  • What trading symbols can I access?
    Genesis offers a broad selection of trading symbols, including Forex pairs, indices, commodities, stocks, and cryptocurrencies. A detailed list can be found in the “Markets” section.
  • How do I close a position?
    To close a position, navigate to the “Open Positions” tab in your trading platform, select the position, and click “Close.”
  • What leverage do you offer?
    Genesis offers leverage up to 1:500, depending on the trading instrument and account type. Please check the specific leverage limits for your account.
  • How do I place a new order?
    To place a new order, select the trading symbol, choose your order type (market, limit, stop), set the trade parameters (lot size, stop loss, etc.), and click “Place Order.”
  • How can I change my platform password?
    To change your platform password, log in, go to “Live Accounts,” and select the account you want to change the password for, click “Change Password.” Follow the prompts to update your password.
  • Can I cancel my withdrawal request?
    Yes, you can cancel a withdrawal request as long as it hasn't been processed yet. To do so, log in to your dashboard an create a support ticket with your withdrawal cancelation request.
  • How long does it take to process withdrawals?
    Withdrawals typically take 1–5 business days to process, depending on your payment method and your bank’s processing times.
  • What is the minimum deposit amount at Genesis?
    The minimum deposit amount varies by account type. For a Standard account type, the minimum deposit is $50 USD.
  • How can I track my pending withdrawal?
    You can track your card withdrawal status in the “Transaction History” section of your account. Processing times may depend on your bank’s policies.
  • What deposit methods are available?
    Genesis supports several deposit methods, including bank wire transfers, cryptocurrency payments (USDT/BTC/ETH), credit/debit cards, and e-wallets like Skrill and Neteller.
  • How do I deposit funds?
    To deposit funds, log in to your account and navigate to the "Funding" section and select the “Deposit” section. Select your preferred funding method and follow the instructions provided.
  • How do I withdraw funds?
    To withdraw funds, log in to your account and navigate to the “Withdraw” section. Select your preferred withdrawal method and follow the instructions provided.
  • What currencies can I deposit in?
    You can deposit funds in several currencies, including USD and cryptocurrencies. The specific currencies available will depend on your payment method.
  • What are the withdrawal fees?
    Withdrawal fees vary depending on the payment method used. You can view the specific fees in the “Withdraw” section of your client portal.
  • Can I withdraw while having open positions?
    Yes, you can withdraw funds while maintaining open positions, provided you keep sufficient margin in your account.
  • How do I see my IB commissions?
    You can view your Introducing Broker (IB) commissions by logging into your IB Panel and navigating to the “Reports” section. Select the “Commissions Stats History” tab for detailed reports on earned commissions.
  • How to I access the IB Panel?
    You can view your Introducing Broker (IB) Panel by logging into your Client portal and clicking the "Switch to IB" button in the top right corner.
  • How can I see my affiliates and tier structure?
    To view your affiliates and tier structure, log in to your IB Panel and access the “Reports” section, then select "My Clients". You’ll see information about your referred clients, their activity, and your tier level.
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