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How to Do an Internal Transfer (Step-by-Step)

Need to move money from your wallet to your trading account on Trade245?

Whether you’re using MT4 or MT5, internal transfers make it easy to manage your funds.

In this guide, we’ll show you exactly how to transfer money between your wallet and trading account so you can start trading faster.

What Is an Internal Transfer?

An internal transfer is when you move money from your Trade245 wallet into one of your live trading accounts (MT4 or MT5).

This step is required before placing any trades, as funds need to be in your trading account, not just your wallet.

ALSO READ: Best Payment Methods for Forex Traders in Africa

Step-by-Step: How to Do an Internal Transfer

  1. Log in to your Trade245 dashboard.

  2. Click on “My Wallet”.

  3. Select “Internal Account Transfer”.

  4. Choose the wallet or source account.

  5. Select the trading account you want to send funds to.

  6. Type in the amount you want to transfer.

  7. Enter your profile password.

  8. Click “Submit Request”.

Your funds should appear in your trading account within seconds.

You can double-check by going back to your dashboard and confirming the new balance.

READ MORE: Depositing with Ozow, Skrill, Neteller

Why Internal Transfers Matter

Transferring funds internally gives you full control over when and how much to trade.

It also means you don’t need to wait for bank processing times once funds are already in your Trade245 wallet.

Need Help?

If you’re unsure about the process or something didn’t go through, reach out to the Trade245 support team—we’re always here to help.

ALSO READ: How to Use the Trade245 Demo Account

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www.trade245.com is a website maintained and operated by Trade245 (Pty) Ltd with registration number 2020/539/887. Registered and physical address: Wetton Works, 14 Mercury Crescent, Wetton, Cape Town, 7780; South Africa

Trade245 (Pty) Ltd does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran.

Risk Warning: Trading on margin involves a high level of risk, including full loss of your trading funds. Before proceeding to trade, you must understand all risks involved and acknowledge your trading limits, bearing in mind the level of awareness in the financial markets, trading experience, economic capabilities and other aspects.

Red Pine Capital (PTY) LTD, Johannesburg, South Africa, with company number 2014/220311/07 an authorized financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 46044.

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