Forex withdraw

Money withdrawal options: wire transfer, credit card, neteller, skrill, unionpay, web money, ideal, moneybookers, moneygram, sofort, western union my second favorite option to withdraw funds from forex account is credit card.

Free forex bonuses

Again there are some caveats. Some forex brokers don’t allow you to withdraw more than what you deposited with the same credit card. When you deposit $1000 to your forex account using credit card, you can only withdraw an amount up to $1000 by the same card. So you will have to choose another withdrawal method to transfer your profit.

Forex brokers with best money withdrawal options in 2021

The best and most exciting thing about forex trading is, of course, to withdraw your profit from the forex broker. Say you have been trading, made a considerable amount of profit and now you want to spend your profit. In order to be able to do it, first you have to get your money back from the broker. To withdraw money from your forex account is very straightforward in general but does require you to take few steps.

Forex brokers with best money withdrawal options

Forex.Com

Forex.Com is owned and operated by an industry giant; GAIN capital holdings who has been around for more than 20 years. Forex.Com is registered and regulated by CFTC, NFA and CIMA. The broker accepts clients from the US. Investors can deposit and withdraw funds by credit card, bank card and wire transfer. Digital wallets are going to be available soon.

Money withdrawal options: credit card, bank card, wire transfer

Forex Brokers With Best Money Withdrawal Options in 2021, forex withdraw.

XM

XM puts more than ten methods of deposit and withdrawal under disposal of its clients. In addition to international bank transfer and credit card which has become industry standards as deposit and withdrawal methods, XM clients can use various other methods. Those methods include neteller, skrill, unionpay, web money, ideal, moneybookers, moneygram, sofort and western union. One important detail which makes XM even more favorable is that the broker covers international wire transfer commission of its own part which considerably reduces the withdrawal cost.

Money withdrawal options: wire transfer, credit card, neteller, skrill, unionpay, web money, ideal, moneybookers, moneygram, sofort, western union

Fxpro

Regulated by FCA,cysec and SCB, fxpro is headquarted in london and one of the most prominent forex brokers in the industry. Traders who open an account at fxpro can withdraw and deposit funds through credit card, international bank transfer (SWIFT), paypal, skrill, neteller and china unionpay.

Money withdrawal options: wire transfer, credit card, paypal, skrill, neteller, unionpay

Hotforex

Established in 2010 and headquartered in cyprus, hotforex is an award winning forex broker that offers a wide range of account types and trading instruments. The broker is pursuing a policy of providing the most convenient and advantageous trading conditions for the traders. You can deposit money in hotforex using credit or debit cards and bank wire transfers. Apart from that hotforex also accepts skrill, neteller, fasapay, sofort, mybitwallet, ideal and webmoney.

Money withdrawal options: wire transfer, credit card, skrill, neteller, fasapay, sofort, ideal, webmoney, bitcoin

Exness

Exness was founded in 2008 in russia and has grown into one of the most popular forex brokers in europe since then. The company is regulated by cysec in cyprus and FCA in UK. Having a wide array of payment methods, transacting money on this brokerage platform is pretty easy and quick.

Money withdrawal options: wire transfer, credit card, skrill, neteller, webmoney, perfect money, sticpay, jeton wallet

Choose the withdrawal option

When it comes to withdraw your profit from forex brokers, the methods are not scarce including credit card, wire transfer, paypal, neteller, skrill, western union, bitcoin to name a few.

I usually go with wire transfer when withdrawing my profit. Nevertheless it comes with some caveats. Wire transfer is recommended if only you are going to withdraw an amount over a thousand. Otherwise the bank transfer fees are going to eat up your hard earned profit. Bear in mind that when you choose to get your money back through wire transfer, you are going to get double charged (once by the bank in where your forex broker is located and again by your local bank). The fees could range from $50 to $100 in total. The certain amount completely depends on the bank the broker is working with and your local bank. International wire transfer fees charged by some US banks are explained in this article.

How to Withdraw Money From Forex Broker - Withdrawal Options

My second favorite option to withdraw funds from forex account is credit card. Again there are some caveats. Some forex brokers don’t allow you to withdraw more than what you deposited with the same credit card. When you deposit $1000 to your forex account using credit card, you can only withdraw an amount up to $1000 by the same card. So you will have to choose another withdrawal method to transfer your profit.

Though I haven’t used so far, other popular methods are digital wallets like neteller, skrill, paypal. Forex brokers don’t charge extra fees to withdraw money by digital wallets however those services apply their own fees when you want to transfer money from the wallet to your bank account.

Submit your withdrawal request

After you decided the best transfer option for you, you have to submit your withdrawal request. Forex brokers used to demand clients to print out a withdrawal form then fill, sign and forward it to the broker by mail or e-mail.

However nowadays you don’t have to go through this cumbersome process. Majority of the forex brokers provide clients with a username and password for the client portal where they can submit their money withdrawal request in just seconds.

Just log in to the client portal, navigate to the money withdrawal section, fill the online form and click the submit button. Congratulations!

An important caveat is that some forex brokers do not require clients to verify their account till to the point they wish to withdraw funds from their account. If this is the case for the broker that you are trading with, you will need to verify your forex trading account by loading proof documents for ID and address. However, you will have always the chance to verify your account upon registration in case you do not want to worry about the last minute rush.

Wait until your fund is transferred to your bank account / credit card / digital wallet

It ranges between one to three business days depending on the forex broker and withdrawal option you used. Wire transfer and credit card transfers could take up to three business days. Though I remember several times that I received the funds same day when I used wire transfer as the transfer option. The commission and fees are not fixed for wire transfer. Since there are three banks involved at a wire transfer transaction, it is hard to know the exact amount that is going to be charged as commission. However, based on my experience, I can say that it should range between $30 and $100.

Digital wallets such as skrill and neteller has a different commission and time schedule. First time you incur any commission is the moment you withdraw funds from your trading account. The rate changes between %3 and %2 of the amount you like to withdraw. It takes fews days between the time that money leaves your trading account and arrives at your digital wallet. Second time you will get charged is the moment you transfer the money from your skrill account to your bank account. That is another %3 – %2 commission.

Wire transfer is my preferred withdrawal and deposit method. I use digital wallets only if wire transfer is not among the methods offered by the forex broker. Credit card is fast and more reasonable than any other withdrawal and deposit method. Nevertheless, I shall kindly point out that in the case you choosed credit card as a withdrawal method, you can only withdraw the amount you deposited by the same credit card. Therefore, you will have to use another method in order to be able to withdraw your profit.

Fxdailyreport.Com

To answer this question, you need to understand how the trading market works. Forex brokers (dealing centers or dcs) are such licensed companies that provide traders with professional services for access to trade in the international currency market. The success of work on forex depends on the right choice of a dealing center.

Therefore, you should give a preference to a reliable and experienced broker with a variety of trading instruments. The company should have a long history of completed foreign exchange transactions. But how to choose the best forex broker for withdrawal?

How to choose the best forex broker for withdrawal?

Choosing a broker for trading on exchanges should begin with collecting information about successful transactions and openness in working with clients. A reliable broker has its portfolio of deals, a large number of reviews from customers.

The simplest way is to check the published lists of traders, which are continually changing and updated. The trader with the most reviews will offer some of the safest working conditions. We also recommend paying attention to how the process of registering and depositing money with a particular broker is going.

Forex broker license

The presence of a broker license allows you to judge his conscientiousness and honesty in his approach to trading. A licensed broker is more likely to complete all transactions and also carries them with benefits not only for himself but also for the client.

But to obtain a license from well-known world communities or government agencies, a broker needs to try hard and earn a positive reputation. If you see that an unknown office located on a distant island issued the permit – you should avoid working with this broker.

Forex brokers rating

On the internet, you can find several independent from each other ratings of popular brokers. You can sort them by the number and quality of reviews, working hours, and other essential parameters. We recommend you to pay attention to the number of completed transactions, the regularity in payments to customers, and not to leverage or the promised interest.

Top 10 forex brokers

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker

In general, do your first steps in trading with the help of brokers with caution, trading on small amounts. Hence the preference in favor of traders with work experience and safe conditions.

How do brokers earn?

Usually, brokerage support in the foreign exchange market is not free. And dealing companies, like traders, have some financial interests. How do they earn? Providing comprehensive support for trader transactions, such agents get income that makes up the difference between the purchase/sale prices of traded currency pairs (spreads).

Or they receive direct payment from the trader for each trade transaction conducted. Depending on the chosen scheme of work, a brokerage company can only get commissions or have additional sources of income.

Reliable forex brokers

How to find a dealing center to which you can safely entrust your trading operations? One of the surest ways is to choose a broker on the recommendation of traders already working with them. Numerous ratings will also help ease the choice.

They publish information on the most successful and reliable forex brokers regularly. Besides, remember about such vital points as the transparency of the information provided on the dealing company activities. Check the legal documents and the availability of client support, working 24/7.

Three categories of brokers

In the modern foreign exchange market, there are three leading categories of brokers.

Classical (most expensive) intermediaries work in the full-service format. They provide clients with a full range of services – from receiving orders to legal support of accounts.

Discount dealing centers (discount broker) put the orders to the forex market. As payment for their work, they receive a monetary reward in the form of a percentage commission.

Electronic or online brokers specialize in online transactions and have been extremely popular lately.

Withdrawal process in different brokers

How to withdraw money from your trading account? Every trader should ask himself this question when signing a service agreement. Let us talk about the withdrawal process on forex.

Why does a trader come to the forex currency market? Generally, not for fun, but profit. For this purpose, you study the basics of technical analysis, try various trading strategies, and read a lot of information. Finally, you achieved the result – profit. And the most critical question arises – how to get your hard-earned money?

How to withdraw money on forex?

The problem is that many traders choose brokers to trade without getting known how to get your earnings back. Many brokers have enormous commissions, and it may be that you did not even know about them. Let’s talk in more detail about how to withdraw money from a forex broker trading account.

What to do before opening a real account

Before you open a real deposit with a chosen forex broker, you should inquire about what conditions the broker withdraws the earned profit.

As a rule, money is available for withdrawal only after passing the verification procedure.

At the same time, verification can have several levels, on each of which you will need scans or photos of identity documents. Naturally, during registration, to avoid further problems, you should indicate your real last name and first name.

It is highly advisable to do the verification procedure before depositing funds. The requirements of a forex broker regarding the quality and quantity of necessary documents can seem needlessly strict to you. In this case, nothing stops you from changing your company before starting a financial relationship with it.

As a rule, there are no difficulties with verification. Most forex brokers request a standard set of documents: a passport scan and the confirmation of the address of your residence. After completing the verification, you only have to choose a suitable withdrawal method.

Most companies have a bonus program. Carefully read the terms of granting this bonus. Some bonuses limit the withdrawal of profits or even make it impossible without losing the reward.

Most popular ways of withdrawal

The methods for withdrawing profits, as well as the timing of this procedure, are different for each forex broker. For example, big companies withdraw money only to a bank account. Naturally, everything goes officially, including the income tax for individuals.

Dealing centers and brokers do not limit their services only in this way but offer many more ways to get your profits – from electronic payment systems to cryptocurrency. That is why you should choose a broker that uses the withdrawal method most convenient to you.

Electronic payment systems

Most companies allow you to withdraw profits on electronic wallets of the most common payment systems. The leaders are paypal, skrill, and neteller. When choosing a payment system, be sure to check how much money you will lose when withdrawing profits. For example, neteller has a commission of 1% (no more than 11.41 USD or 10 EUR) and a fee of 1.39% of the withdrawal amount.

At the same time, pay attention to the timing. The withdrawal may take from several business hours to several business days – this will be indicated on the broker’s website and in the contract.

Withdrawal to a bank account

This method is not so popular among ordinary traders. The commission charged in this case is slightly higher than when withdrawing funds to the same card using the chain trading account – electronic payment system – bank card. It is especially true if the country of residence of the trader and the broker’s country are different. In some cases, for citizens of other states, this method is generally not available.

The timing of the withdrawal of money also decreases the popularity of this method. Unlike electronic payment systems, it can take from 1 to 7 banking days. Nevertheless, many traders with a substantial profit (several thousand dollars) use this system. For such traders, it is not the waiting time that matters, but its maximum reliability.

Forex brokers cards

The trend of issuing payment cards by brokers gains popularity. Each company names them different, but they are the same – an international mastercard. This method has many advantages. Using a mastercard, you can withdraw cash at any ATM, pay in stores, make purchases on ebay or amazon.

However, the most significant benefit is different. Brokers open their cards in the offshore zone. And the law of their native state doesn’t regulate them.. Therefore, if your profit from forex trading has reached a grandiose size, this method will be most profitable.

But there are some drawbacks. The issuance of such a card is not free, and the broker also charges a card maintenance fee. Therefore, if your profit is not too big, there is no reason for using it.

Conclusion

As you see, choosing the best forex broker for withdrawal is a quite complicated task. First of all, you should determine your needs and the most convenient withdrawal method for you. And only then you can start looking for a broker.

You have come to the foreign exchange market with serious intentions to make money. So the question of money withdrawal should interest you first of all. After all, the goal of a trader is earning, and not to deposit money on a forex broker account.

XM deposit and withdrawal methods in 2021

In our xm.Com broker review, we described the basic features and offers of this famous forex broker. In this article, we will analyze only deposit and withdrawal options.
XM is one of the leading foreign exchange (forex) brokers globally, and millions of traders worldwide are using XM for forex trading. Many of these forex traders are investing large amounts of money for forex trading. They would like to find out the XM deposit and withdrawal methods to make a decision accordingly. One of the factors affecting the choice of the deposit or withdrawal method is the country in which the trader is residing. Some payment/withdrawal methods are popular in each country due to several factors, and the trader will usually use that method since the fees will be less. Unless specified, the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD.

XM deposit and withdrawal methods are online payment methods that XM forex broker allows for traders. XM.Com deposit and withdrawal methods are credit card, debit card, neteller, skrill, unionpay, bank wire. XM withdrawal options for partners are skrill, neteller, and bank wire.

XM offers payment options for traders, such as:

VISA

VISA electron

Mastercard

Maestro

Diners club international

Unionpay

XM card

Skrill

Neteller

Web money

Bank wire

The minimum deposit for an XM account is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, $10 000 for SHARES accounts.XM minimum withdrawal value is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, while for SHARES accounts is $10 000. The minimum deposit value for the XM account and minimum withdrawal for the XM account is related to the type of order and not the payment method. Skrill withdrawal option is one of the most used payment methods, and the minimum deposit for skrill (withdrawal too) is based on account types.

XM deposit methods

How to deposit the XM account? There are several XM deposit options:

XM credit/debit card

XM accepts deposits using credit and debit cards from visa, visa electron, mastercard, maestro. The minimum deposit amount is $5, and the amount is immediately credited to the user’s forex account. There are no fees for using this deposit method. Since most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit, so the amount which can be deposited is also limited.

XM electronic payment

All the electronic payment methods have no fees and a minimum deposit of $5. Neteller, skrill, and unionpay are some of the electronic payment methods. For neteller and skrill, the amount is credited to the forex account immediately, while for union pay, the deposit will be processed within 24 hours. Cash only accepts USD deposits and przelewy24 accepts PLN deposits, and the amount is instantly credited to the forex account. For bitcoin, deposits in only three currencies, USD, EUR, JPY, are accepted, and it may take up to one hour for the payment to get processed.

XM banking

For sofort banking, deposits are only accepted in eur & GBP. Though the minimum amount is $5, and there are no fees, the deposit processing time will vary depending on the country. For conventional bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time. The fees depend on the bank, which is used. The amount deposited in the bank account will be credited to the forex account within two to five business days.

XM withdrawal review

If a user wishes to withdraw his money from the XM account, they will have to provide the know your customer (KYC) documents, which are specified. These documents are necessary to prevent money laundering according to the various regulatory bodies’ requirements in different countries. XM has an online and offline form where the customer’s personal information and background details have to be provided. This information will help XM in providing better service to their customers.

Compared to deposits, there are fewer withdrawal methods, which are discussed below. Unless specified, the XM user will have to withdraw at least five USD at a time, and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account, usually only after three to five business working days.

XM credit cards and electronic payment

Visa, visa electron credit and debit cards, maestro and mastercard credit cards can be used for withdrawing funds. Unionpay is another option for fund withdrawal. Similarly, skrill ( earlier called moneybookers) and neteller are electronic payment methods used for fund withdrawal. Bitcoin can also be used for withdrawing the money in the XM account, though funds can only be withdrawn in USD, EUR, and JPY. Usually, credit/debit card withdrawals are given top priority by XM, followed by bitcoin withdrawals and neteller/skrill (e-wallet) withdrawals.

XM bank wire transfer

Many of the forex traders are trading in large amounts, and they prefer to make bank wire transfers to withdraw their profit.

The smallest amount permitted for making a withdrawal to a bank account is two hundred dollars. The withdrawal fees will vary based on the bank selected by the trader. The amount is usually credited to the bank account two to five business days after the withdrawal request is made. XM may process the bank withdrawal requests more slowly. The longest period of XM bank wire transfer withdrawal was 5 days in my last 8 years.

XM fund safety

To keep their clients’ funds, the forex traders safe, XM takes all measures to prevent unauthorized access to their information systems. All the funds of their clients are segregated and kept with the most reputed banks worldwide. Additionally, XM is also offering negative balance protection to their clients. XM has a risk management system implemented, which will ensure that the trader’s loss will be limited to the amount deposited with XM only.

Forex trading without any deposit

Many people are interested in forex trading yet do not have the money to take the risk. However, it is still possible to get some experience in forex trading without making a deposit.

XM no deposit bonus

To encourage people who are curious about forex trading, XM offers a $30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking his own money. The amount is directly credited to the live trading account and helps the trader understand market conditions.

XM demo account

XM also allows new traders to create a demo or virtual account to trade in forex with virtual money. The trader will be given $50,000 in virtual money for each account created, which he can use to trade, become familiar with the features, and test strategies. A trader can create any number of demo accounts to practice trading. If the demo account is inactive for a long period, it will be deleted immediately.

Withdraw options

Making withdrawals easy

Withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time.

In order to proceed with the withdrawal, please log in to myhf area and select 'fund withdrawal'

Click here for additional withdrawal conditions

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Legal: HF markets (SV) ltd is incorporated in st. Vincent & the grenadines as an international business company with registration number 22747 IBC 2015.

The website is owned and operated by HF markets group of companies, which include:

HF markets (SV) ltd with registered address suite 305, griffith corporate centre, P.O. Box 1510, beachmont kingstown, st. Vincent and the grenadines.

HF markets (europe) ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets SA (PTY) ltd with registered address katherine & west suite 18 second floor 114 west street sandton, johannesburg 2031.

HF markets (seychelles) ltd with registered address room S203A, second floor, orion complex, victoria, mahe, republic of seychelles.

HF markets fintech services ltd with registered address spyrou kyprianou 50, irida 3 tower 10th floor, larnaca 6057, cyprus.

HF markets ltd regulated by the financial services commission (FSC) of the republic of mauritius, category 1 global business no. C110008214 license | company reg. No. 094286/GBL.

Risk warning: trading leveraged products such as forex and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full risk disclosure.

Regional restrictions: HF markets (SV) ltd does not provide services to residents of the USA, canada, sudan, syria, north korea.

Forex withdraw

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

All withdrawal requests are processed by our back office department within the same business day , however the time required for the funds to be transferred to your account will depend on the payment method used.

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Making a withdrawal

How can I withdraw funds from my account?

Go the withdraw page within the ‘my money’ section in myfxtm.

Select the payment method and click ‘withdraw’.

Select the myfxtm account or wallet you wish to withdraw funds from and complete the necessary fields.

Select a reason for withdrawal and enter the PIN that was to you via email or SMS and click ‘submit’.

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Policies & regulation

FXTM brand is authorized and regulated in various jurisdictions.

Forextime limited (www.Forextime.Com/eu) is regulated by the cyprus securities and exchange commission with CIF license number 185/12, licensed by the financial sector conduct authority (FSCA) of south africa, with FSP no. 46614. The company is also registered with the financial conduct authority of the UK with number 600475.

Forextime (www.Forextime.Com/uk) is authorised and regulated by the financial conduct authority with license number 777911.

Exinity limited (www.Forextime.Com) is regulated by the financial services commission of the republic of mauritius with an investment dealer license bearing license number C113012295.

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Regional restrictions: FXTM brand does not provide services to residents of the USA, mauritius, japan, canada, haiti, suriname, the democratic republic of korea, puerto rico, brazil, the occupied area of cyprus and hong kong. Find out more in the regulations section of our faqs.

Deposit and withdrawal

Choose the most comfortable payment method!

Frequently asked questions

How can I withdraw money from my account?

Open the withdrawal within the finances section in your personal area .

Select the preferred payment method and click the withdraw button.

Select the FBS account you wish to withdraw funds from and fill in all the necessary fields.

Type the amount of money you want to withdraw.

Click on the confirm withdrawal button.

Please note that you must verify your account to request a withdrawal.

How long does it take to process my withdrawal?

FBS financial department processes all withdrawal requests on a first-come, first-served basis. As soon as it approves your withdrawal request, we send you the funds. However, the final time required to transfer funds to your account will depend on the payment method used:

Bank wire: 7-10 business days

Credit or debit cards: 3-4 business days

E-payments: up to 30 minutes

Be aware that the minimum withdrawal amount for bank wire is $50. For all the other payment systems, it is $1.

Can I withdraw trade 100 bonus?

Trade 100 bonus is a great way to start your trading career. You cannot withdraw the bonus itself, but you can withdraw profit gained on trading with it if you fulfill the conditions required:

Trade at least 30 days.

Have more pips from profitable than losing orders.

Have at least 5 lots traded during 30 active trading days.

Fulfill the above conditions within 50 days from the moment of getting the bonus.

Is FBS a legit broker?

FBS is a legitimate forex broker regulated by the international financial services commission, license IFSC/000102/124, which makes it a trustworthy and reliable broker. FBS offers its services for more than 11 years already and has over 16 million active traders.

Contact us

Zopim

Wechat

Fb-msg

Viber

Line

The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

Forex withdraw

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Making a withdrawal

How can I withdraw funds from my account?

Go the withdraw page within the ‘my money’ section in myfxtm.

Select the payment method and click ‘withdraw’.

Select the myfxtm account or wallet you wish to withdraw funds from and complete the necessary fields.

Select a reason for withdrawal and enter the PIN that was to you via email or SMS and click ‘submit’.

Watch our step-by-step guides on how to withdraw in our how to videos.

Please note that in order to request a withdrawal your profile must be fully verified.

Can I withdraw using a different method than the one I used to deposit?

Withdrawals must be made in proportion to the deposits according to the payment method used.

Your withdrawals must be transferred to the same card, e-wallet, bank account used for deposit.

Initial deposit – 600 USD – credit card *3333

2 nd deposit – 300 USD – skrill

Total deposited: 900 USD

Initial withdrawal – 200 USD – must be made using credit card *3333

2 nd withdrawal - 500 USD – 400 USD must be withdrawn using credit card *3333 and 100 USD must be withdrawn using skrill.

Total withdrawn: 700 USD

Please note that in some cases, credit card withdrawals can only be made within 12months of the initial deposit.

How long does it take to process my withdrawal?

- bank wires: between 3- 5 business days. - credit/debit cards: between 3 – 10 business days. - E – wallets: within 1 business day.

What should I do if the card used to deposit was cancelled/lost?

You will need to email us an official document from the card issuer stating that the card was cancelled or lost and we will then inform you on how to proceed.

Can I still withdraw if I have open positions?

Yes, provided that you have sufficient free margin on your account to cover the withdrawal and any extra fees that may occur.

You can calculate your free margin here.

I’m withdrawing via credit/debit card, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal is made to the same card used to make your initial deposit.

I’m withdrawing via E-wallet, are there any more steps I should follow?

If your e-wallet has already been verified, your withdrawal will be processed automatically.

If you are withdrawing using webmoney, please follow the steps here.

I’m withdrawing via bank-wire, are there any more steps I should follow?

In order to withdraw you will need to verify your bank account by uploading bank statement showing:

- account holder’s name (this should match the name used during registration). - account number.

I’m withdrawing via china union pay, are there any more steps I should follow?

If this is your first withdrawal, you should ensure that the withdrawal payment is made to the same bank account used to make your initial deposit.

You will also need to provide the following via upload or email:

- bank name - bank account number - province and city - your name (this should be written in chinese characters)

How can I cancel my withdrawal request?

You can cancel your request in myfxtm in the ‘transaction history’ tab under the ‘my money’ section by clicking ‘cancel’.

Policies & regulation

FXTM brand is authorized and regulated in various jurisdictions.

Forextime (www.Forextime.Com/uk) is authorised and regulated by the financial conduct authority with license number 777911.

Exinity limited (www.Forextime.Com) is regulated by the financial services commission of the republic of mauritius with an investment dealer license bearing license number C113012295.

Hotforex's fund deposit & withdrawal options and conditions

We have summarized the conditions of available deposit and withdrawal methods.

Do you live in south africa? Then please go to hotforex ZA (south africa) main introduction page.

Hotforex accepts more than dozens of deposit methods from its traders.

The broker also issues its own co-branded mastercard which is directly connected to your MT4 trading account .

Here are the list of available deposit options and each conditions.

Deposit options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR	$50	none	10 minutes
mastercard	USD, EUR	$50	none	10 minutes
maestro	USD, EUR	$50	none	10 minutes
american express	USD, EUR	$50	6.5%	10 minutes
HF mastercard	USD, EUR	$50	none	10 minutes
electronic payment
neteller	USD, EUR	$50	none	10 minutes
skrill (moneybookers)	USD, EUR	$50	none	10 minutes
soford banking	USD, EUR	$50	none	1 – 2 days
qiwi	USD, EUR, RUB	$50	none	10 minutes
webmoney	wmz, wmr, wme, wmu	$50	none	instantly
ideal	USD, EUR	$50	none	instantly
przelewy 24	USD, EUR	$50	none	instantly
trustpay	USD, EUR	$50	none	instantly
bank wire transfer
bank transfer	any currencies	$250	covered by hotforex	2 – 7 days

*fast transactions 24/5 during the standard trading hours.

Any fees for depositing funds?

Hotforex does not apply any deposit fees, but in case of bank transfer, it will vary both on the country you are sending funds from and the corresponding banks involved.

Withdrawal options
credit cards	accepted currency	minimum amount	fees	appriximate time
visa (credit/debit)	USD, EUR	$5	none	2 – 10 days
mastercard	USD, EUR	$5	none	2 – 10 days
maestro	USD, EUR	$5	none	2 – 10 days
american express	USD, EUR	$5	none	2 – 10 days
HF mastercard	USD, EUR	$5	none	instantly
electronic payment
neteller	USD, EUR	$5	none	instantly
skrill (moneybookers)	USD, EUR	$5	none	instantly
bank wire transfer
bank transfer	any currencies	$150	depends on banks	2 – 10 days

How to request for fund withdrawals?

In order to proceed with the withdrawal, please log in to myhotforex and select “fund withdrawal”.
*withdrawals submitted before 10:00am server time are processed on the same business day between 7:00am and 5:00pm server time.
*clients wishing to withdraw below the minimum levels presented will be required to cover all charges associated with the withdrawal request.

Is my payment information safe with hotforex?

Protection of payment and data security HF markets (europe) ltd t/a hotforex does not receive and/or store any personal credit card or payment details.

All transactions are processed and protected by level 1 PCI-DSS certified independent international payment gateways.

How to withdraw funds via other electronic payment methods?

For all incoming payments via sofort, ideal, webmoney, western union, trustpay and qiwi any subsequent withdrawals will only be actioned via wire transfer.

For the full conditions of fund withdrawals, you can find it in the below PDF.

Hotforex

Post tags

Hotforex's service condition outweighs most of the other FX brokers'. Find out why.

Do you live in south africa? Then please go to hotforex ZA (south africa) main introduction page.

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Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Deposit and withdrawal

Choose the most comfortable payment method!

Frequently asked questions

How can I withdraw money from my account?

Open the withdrawal within the finances section in your personal area .

Select the preferred payment method and click the withdraw button.

Select the FBS account you wish to withdraw funds from and fill in all the necessary fields.

Type the amount of money you want to withdraw.

Click on the confirm withdrawal button.

Please note that you must verify your account to request a withdrawal.

How long does it take to process my withdrawal?

Bank wire: 7-10 business days

Credit or debit cards: 3-4 business days

E-payments: up to 30 minutes

Be aware that the minimum withdrawal amount for bank wire is $50. For all the other payment systems, it is $1.

Can I withdraw trade 100 bonus?

Trade 100 bonus is a great way to start your trading career. You cannot withdraw the bonus itself, but you can withdraw profit gained on trading with it if you fulfill the conditions required:

Trade at least 30 days.

Have more pips from profitable than losing orders.

Have at least 5 lots traded during 30 active trading days.

Fulfill the above conditions within 50 days from the moment of getting the bonus.

Is FBS a legit broker?

Contact us

Zopim

Wechat

Fb-msg

Viber

Line

The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “accept” button, you agree to our privacy policy.

So, let's see, what was the most valuable thing of this article: to withdraw money from your forex account in 2021 is very straightforward in general but does require you to take few steps. I am explaining the process. At forex withdraw