Forex withdrawal fee

Debit card withdrawals is limited to the amount of total deposits. There is a $50,000 per transaction limit on debit card transfers.

Free forex bonuses

Forex withdrawal fee, forex withdrawal fee.

Bank transfer may take up to 24 hours to process. No fee. The minimum withdrawal amount is $100, or all your available account balance (whichever is lower).

Withdrawals

How do I withdraw funds from my account?

To withdraw funds, log into the trading platform and click “add funds” and then select the “withdraw funds” option. Funds must be withdrawn to the originating source of deposit.

Excess funds may be withdrawn by bank transfer or wire transfer. In the event you added a new bank account to withdraw excess funds, FOREX.Com will require evidence of the account by uploading a bank statement.

How will my withdrawal be processed?

Deposited funds must be returned to the originating source. If you have deposited funds using multiple methods, you must exhaust the total deposit amounts based in the following order:

Bank transfer

Debit card

Wire

Excess funds may be withdrawn via bank transfer or wire. In the event you add a new bank account to withdraw excess funds, FOREX.Com will require evidence of the account by uploading a bank statement.

How much can I withdraw in one time?

The minimum withdrawal amount is $100, or all your available account balance (whichever is lower).

You can withdraw a maximum of $25,000 per transaction if you are funding by bank transfer, and $50,000 with debit card. Wire transfers have no restriction on transaction size.

How do I withdraw excess funds to a new bank?

In order to facilitate a withdraw of excess funds to a new bank, we’ll need to confirm your bank account information. To do this, you will need to provide us with a bank statement that clearly shows the full name on the account. You can upload a copy of the statement by logging into the platform and accessing myaccount.

How will bank transfer withdrawals be processed?

Bank transfer withdrawals may be up to the amount of total deposits plus any excess funds. There is a $25,000 per transaction limit on bank transfers. Bank transfer may take up to 24 hours to process. No fee.

How will debit card withdrawals be processed?

Debit card withdrawals is limited to the amount of total deposits. There is a $50,000 per transaction limit on debit card transfers. Bank transfer may take up to 24 hours to process. No fee.

How will wire withdrawals be processed?

Wire withdrawals may be up to the amount of total deposits plus any excess funds.

Wire transfer may take up to two business with the US and five business days. A $25 fee is charged within the US, $40 for international wires (including canada). There are no fees for withdrawals greater than $10,000. Processing time only reflects the time it takes FOREX.Com to complete the withdrawal during normal business hours. Your bank may take additional time to credit the funds to your account.

Please be aware that fees may be applied by the receiving bank that involve a bank outside of the US and require an intermediary US bank. Intermediary banks may charge an additional transaction fee.

How will paper check withdrawal be processed?

Currently, we are not processing personal or business checks.

I funded my account by bank transfer. Why don't I see this amount available for withdrawal or transfer?

Funds deposited by bank transfer are not available for withdrawal for 5 business days after the deposit date.

What if I have open positions when I submit a withdrawal or transfer request?

A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions. This may result in the liquidation of any or all of my open positions. It is your responsibility to ensure that the account holds enough margin to maintain open positions.

Why is my card withdrawal request being processed partially or in installments?

Because we are required to return deposited funds to their source, this is typically due to the requested amount being larger than your previous deposit(s). For example: let’s say you deposited $100 and then $200 using your card, and then requested a $300 withdrawal. In most cases, our system will automatically refund the two transactions you had made, therefore you will not see a single transaction of $300, but instead two transactions totaling $300 ($100 and $200). Keep in mind that once this is completed on our side, your card-issuing bank and processor (visa or mastercard) may not necessarily process and post all transactions at the same time.

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

Online payment options

Product specifications

Bonus offerings

Loyalty program

Contests & rewards

Deposit

Withdraw

Free account funding

Hotforex merchandise

Hotforex latest analysis

Contact us 24/5

About

Products

TRADING

Promotions

Partners

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 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

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.

FBS fee for deposit and withdrawal

FBS is one of the top foreign exchange (forex) trading websites with millions of users worldwide in almost all countries. Since forex traders are depositing, withdrawing large amounts in or from their forex account and have slim margins, one of the considerations while choosing the deposit or withdrawal method is the FBS fee for each method. Traders should be aware that FBS is offering users more than 50 different methods for depositing or withdrawing money from their account for the convenience of the forex traders from different countries. For some payment methods, the trader is also reimbursed part of the amount deposited. Hence the FBS fees for some of the more popular payment/withdrawal methods are discussed.

If the trader deposits money via credit card, FBS doesn’t charge any fee. FBS fee for credit card deposit is zero dollars. For each withdrawal, the FBS fee is $1. So FBS charges $1 for 1 withdrawal attempt using a credit card.
A credit or debit card is another popular option for depositing and withdrawing money from an FBS forex account. Only cards from visa, mastercard, and maestro can be used. FBS does not charge any fee for the deposit and also does not reimburse any amount. The amount deposited is immediately credited to the forex account and can be used for trading. FBS will charge a fee of US $1 for each withdrawal request to the credit card. Time taken typically for processing the request is again 15-20 minutes; if there is any further delay, there may be a problem with the bank, and the user should check with the credit/debit card issuer.

Neteller, webmoney & okpay

Neteller is one of the most popular deposit methods on FBS since the trader is reimbursed 3.9% of the amount deposited. The amount is credited to the account immediately. For withdrawal, the fees vary from $1 to $30, and processing time for the withdrawal is usually 15 to 20 minutes, though it may take up to 48 hours for the withdrawal to be processed in some cases. Webmoney is another popular method for deposit/withdrawal at FBS since its reimbursement is 0.8%, and the account is credited immediately. The withdrawal fees are also 0.8%. FBS offers reimbursement of 0.5% on deposits and charges a fee of 0.5% on withdrawals. Like neteller, the deposits are immediately credited, and withdrawals take 15-20 minutes.

Skrill/bank transfer

Skrill is widely used in europe, and FBS does not charge for skrill deposits in the FBS account. However, its withdrawal fee is lower at 1% + $0.32, making it more affordable for forex traders trading in smaller amounts. The deposit and withdrawal times are similar to those for other electronic payment methods with an instant deposit, 15-20 minutes withdrawal. Bank transfer is an option for forex traders in all countries. However, the fees are usually higher at 30 euro for deposit and withdrawal. The time taken for the amount deposited to get credited to the FBS account is also longer at 5-7 days.

Other methods

Depending on the popularity in a particular country, forex traders can opt for other methods like safecharge, perfectmoney, yuupay, zaw forex services, sahib exchange, unionpay, fasapay, filspay, maypay, yandex money, yandex terminal, moneta RU, and 1pay. If multiple options are available, it is advisable to check the amount reimbursed and fees before choosing a particular method.

FBS withdrawal rate

FBS withdrawal rate is $1 for credit cards. FBS withdrawal rate for skrill is 1% + $0.32; for neteller 3.9%, for wire transfer from $25 till $50 (different for each country).

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.

Our charges and fees

Find out about our charges and fees so you know exactly how much you are paying when you trade with us.

Deposits and withdrawals

Depending on your method of deposit, you may be charged a fee by the sending bank for depositing and withdrawing funds into your OANDA corporation trading account.

Bank wire transfer

Your bank may charge a service fee for depositing funds into your account. Intermediary banks may also deduct fees, resulting in a smaller incoming amount.

Debit card and ACH

It is possible that you may also be charged a service fee by your bank when you are depositing funds by debit card or by automated clearing house (ACH).

Our financing fees

We apply a holding/duration charge or credit for positions kept open over time. These are calculated in relation to positions maintained continuously.

For deposits by debit card and ACH, we do not charge for your first withdrawal in a calendar month. All OANDA applied fees and company bank fees with a valid receipt are waived for premium clients.

Inactivity fees

You will be charged a monthly fee of 10 units of the currency in which your account is denominated when there are no open trades in your account for a period of at least 12 months. For example, if your account is in USD, you will be charged 10 USD. Your account will be charged until you either close your account, resume trading or the balance on your account is reduced to zero (inactive accounts will not incur a negative balance).

Accounts that have not been funded will not incur a negative balance. Inactivity fees are applied at the user level. This means that if you trade in your primary account or any of your sub-accounts, you will not be charged. Fees will only be taken from one sub-account each month so you will not be charged multiple fees in any one month.

If you have resumed trading after inactivity fees have been withdrawn, you can request a rebate up to three months worth of the inactivity fees based on how many months you have been charged. Find out how you can fund your account.

Forex withdrawal fee

The painful beginning is over and you have finished reading all the basics of forex trading. You are sick and tired of the demo account, the nightmares where you speak only with forex terminology become more frequent and you are ready for the big jump – trading for real money. So how to trade with real money and how to make sure your funding is safe? More importantly, how do you receive the profit money you make?

Many forex beginners may be slightly confused about forex brokers withdrawal methods and brokerage deposit options. So let's review the process of withdrawal once and for all.

Most forex brokers generally accept deposits by credit card, wire transfer and, in some cases, checks. However many forex traders don’t feel safe using their credit card online and giving in to the possibility of endangering their saving account! What has become rather popular now is depositing and withdrawing money from your forex broker with alternative online payment methods such as neteller, skrill, paypal, e-bullion and others.

Most forex traders trust these online payment systems and prefer using them instead of credit card. That’s because money can be sent immediately and securely to and from your forex broker. All of these payment options used by forex brokers may actually protect your money better than it would protect during any other similar online financial transaction.

Each forex broker has different policies, terms and conditions. Many brokers allow you to withdraw your profits via the same payment method you used to deposit, but sometimes you won’t be able to withdraw until a certain amount of money is reached and/or the bonus requirements are met. Also, while most forex brokers do not charge any extra fees, it is common for some brokers to charge transaction fees when it comes to withdrawal.

Here is an example taken from forex.Com broker withdrawal requirements:

If you funded your account with US dollars: there is no fee for withdrawal requests via check. Withdrawal requests via wire transfer will incur a $25 fee for wires within the united states, and $40 fee for international wires (including canada).

If you funded your account with a non-USD deposit: FOREX.Com will convert your US dollar account balance back to the currency you initially deposited and wire your funds back to the originating bank account. A fee of US$40 will be assessed.

Most withdrawal processes are easy and fast, which requires filling in the online form. Some forex brokers, however, request filling the withdrawal form, printing it out, sign and sending it by fax or email. The waiting period varies from 24 hours to several weeks, depending on forex broker policies, which must be reviewed and fully comprehended.

I strongly suggest reading terms and conditions of your selected broker before you make a deposit. If you can’t find the details about withdrawal in terms and conditions, try reading frequently asked questions on the broker’s website. And if that doesn’t help, contact your forex broker via email, online chat or phone and make sure to find the answers to these questions:

1. What are the available payment methods?

2. Are there transaction fees? If so, what are they?

3. What is the withdrawal process?

4. How long does it take to receive the money?

5. What is the minimum amount required to make a withdrawal?

6. How does bonus affect the withdrawal policy?

And always remember that troubles arise from misunderstanding. Make sure that you have a clear vision of what lies ahead before you make a plunge!

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

Online payment options

Product specifications

Bonus offerings

Loyalty program

Contests & rewards

Deposit

Withdraw

Free account funding

Hotforex merchandise

Hotforex latest analysis

Contact us 24/5

About

Products

TRADING

Promotions

Partners

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.

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

FUNDING / WITHDRAWALS

Forex funding

Deposit methods

Funding methods

BANK WIRE TRANSFER
OPTIONS	MAX WITHDRAWAL AMOUNT	MIN WITHDRAWAL AMOUNT	WITHDRAWAL TIME	WITHDRAWAL FEES
	max withdrawal amount $/€500,000 per day	min withdrawal amount $/€100	withdrawal time 2-10 business days	withdrawal fees depends on corresponding banks

CREDIT CARDS
OPTIONS	MAX WITHDRAWAL AMOUNT	MIN WITHDRAWAL AMOUNT	WITHDRAWAL TIME	WITHDRAWAL FEES
	max withdrawal amount $/€10,000**	min withdrawal amount $/€20	withdrawal time 2 business days*	WITHDRAWAL FEES $/€10
	max withdrawal amount $/€10,000**	min withdrawal amount $/€20	withdrawal time 2 business days*	WITHDRAWAL FEES $/€10

OTHER METHODS
OPTIONS	MAX WITHDRAWAL AMOUNT	MIN WITHDRAWAL AMOUNT	WITHDRAWAL TIME	WITHDRAWAL FEES
	max withdrawal amount NONE	min withdrawal amount $5	withdrawal time 1 business day	WITHDRAWAL FEES NONE
	max withdrawal amount NONE	min withdrawal amount $5	withdrawal time 1 business day	WITHDRAWAL FEES NONE
	max withdrawal amount NONE	min withdrawal amount $0	withdrawal time 1 business day	WITHDRAWAL FEES NONE
	max withdrawal amount $/€50,000***	min withdrawal amount $10	withdrawal time 1 business day	WITHDRAWAL FEES NONE
	max withdrawal amount $/€50,000***	min withdrawal amount $30	withdrawal time 1 business day	WITHDRAWAL FEES NONE
	max withdrawal amount $/€25,000 per year on accounts up to tier 2	min withdrawal amount $10	withdrawal time 1 business day	WITHDRAWAL FEES NONE

*card withdrawals are being processed by LQDFX within the next business day, however an extra time frame of 5-10 business days is also required, depending on the corresponding bank.

**we are unable to process withdrawal amounts by credit card that exceed the initial deposit or sum of all credit card deposits. In this case you are entitled to receive the difference via another method according to your regional availability. Please check your client area for your options.

***please make sure to provide us the correct cryptocurrency receiving address upon requesting your withdrawal; in case an address that corresponds to a third party is provided, the funds cannot be identified in the blockchain.

Trust company complex, ajeltake road, ajeltake island, majuro, marshall islands MH96960. Financial services provided by LQD limited.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

Risk warning: trading leveraged products such as forex, may not be suitable for all investors as they carry a 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