Keen to withdraw money from your trading account? To avoid any setbacks in the course of receiving your money, ensure that you’re ready with the required documents and other information before you submit a withdrawal request.

To withdraw the needed sum, you need to pass through a verification procedure and meet all the regulations.

Stage 1

Submission of necessary Documents:

You need to provide some necessary documentation especially if you’re a new client.

  • Valid Photo ID - The permissible documents include passports, driver's licenses, and other government-issued Identity cards. Be mindful of not submitting an expired ID.
  • Proof of Address - You can submit credit card or bank statements which are dated not beyond three months. Your home utility bills are also admissible address proof. Again they should not be older than three months.
  • Credit Card Copies - All the credit cards you have used are essential in the withdrawal process. Make proper copies of the front and the rear side of the credit cards. Be sure that the last 4-digits of the card number should be visible.

Stage 2

Filling out the Client Information Form (Form for Withdrawal Request)

Fill out the customer form with valid details. You should ensure that the answers are accurate and updated. Don't forget to fill the compulsory fields.

Stage 3

Suitable Payment Method

You need to provide your method of payment. You can opt for either your credit card or a wire transfer.

Credit card method - Most prefer to use the credit card mode as it is less cumbersome and quicker. Provide your full name as per your card along with the last 4 digits of the credit card number.

Wire Transfer method

If you decide on the wire transfer option, you’ll need to fill out your name in sync with your bank statement along with your bank details, which you’ll want to use for your withdrawal process.

Provide the name and location of your bank together with the BIC or the SWIFT code for proper verification.

In case of a domestic transfer, all you need is to give your bank account number. While in case of an international transaction you need to supply your IBAN or International Bank Account Number instead of the bank account number.

Stage 4

Final Submission of the Form - Recheck all your details and sign the withdrawal form before submission. Once you submit the form, you need to wait for your withdrawal request to get processed. You can’t expect the grant of immediate payment, so kindly remain patient. The verification process can take some days to complete, usually three to five days. Once your verification procedure ends and your request is found legitimate, the funds will automatically be visible in your account after the approval is granted. The money will be transferred with the selected method into your account.

 

Point to note: DO NOT make any unusual changes to your bank account while your request is due for approval. It’s best to wait until the transaction gets approved. There are cases where the withdrawal request gets declined as the account balance steeps down below the required limit. It’s advisable to stay away from making any other transactions for the stated duration.

Keen to withdraw money from your trading account? To avoid any setbacks in the course of receiving your money, ensure that you’re ready with the required documents and other information before you submit a withdrawal request.

To withdraw the needed sum, you need to pass through a verification procedure and meet all the regulations.

Stage 1

Submission of necessary Documents:

You need to provide some necessary documentation especially if you’re a new client.

  • Valid Photo ID - The permissible documents include passports, driver's licenses, and other government-issued Identity cards. Be mindful of not submitting an expired ID.
  • Proof of Address - You can submit credit card or bank statements which are dated not beyond three months. Your home utility bills are also admissible address proof. Again they should not be older than three months.
  • Credit Card Copies - All the credit cards you have used are essential in the withdrawal process. Make proper copies of the front and the rear side of the credit cards. Be sure that the last 4-digits of the card number should be visible.

Stage 2

Filling out the Client Information Form (Form for Withdrawal Request)

Fill out the customer form with valid details. You should ensure that the answers are accurate and updated. Don't forget to fill the compulsory fields.

Stage 3

Suitable Payment Method

You need to provide your method of payment. You can opt for either your credit card or a wire transfer.

Credit card method - Most prefer to use the credit card mode as it is less cumbersome and quicker. Provide your full name as per your card along with the last 4 digits of the credit card number.

Wire Transfer method

If you decide on the wire transfer option, you’ll need to fill out your name in sync with your bank statement along with your bank details, which you’ll want to use for your withdrawal process.

Provide the name and location of your bank together with the BIC or the SWIFT code for proper verification.

In case of a domestic transfer, all you need is to give your bank account number. While in case of an international transaction you need to supply your IBAN or International Bank Account Number instead of the bank account number.

Stage 4

Final Submission of the Form - Recheck all your details and sign the withdrawal form before submission. Once you submit the form, you need to wait for your withdrawal request to get processed. You can’t expect the grant of immediate payment, so kindly remain patient. The verification process can take some days to complete, usually three to five days. Once your verification procedure ends and your request is found legitimate, the funds will automatically be visible in your account after the approval is granted. The money will be transferred with the selected method into your account.

 

Point to note: DO NOT make any unusual changes to your bank account while your request is due for approval. It’s best to wait until the transaction gets approved. There are cases where the withdrawal request gets declined as the account balance steeps down below the required limit. It’s advisable to stay away from making any other transactions for the stated duration.