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Tier1fx News

WITHDRAWALS

Can I make a withdrawal if I have open positions?

Yes, you can as long as your Equity is higher than the requested amount. Please note that you are solely responsible for ensuring that you have enough Equity to sustain your open trades and avoid a stop out.

Can I withdraw funds to a bank account other than the one I used to deposit?

As a rule of thumb, funds are always returned to the account they were deposited from. Under certain circumstances, you could withdraw to another bank account, as long as you are the bank account holder. Please note that further information and supporting documents may be required.

Is there a minimum/maximum withdrawal amount?

No, there isn’t.

How long does it take for withdrawal requests to be processed?

All withdrawal requests are processed within the same business day, if received within business hours or on the following business day. Please note that it may take up to 3-5 business days for international bank transfers to be completed and up to 10 business days for funds to show on your card statement.