Withdrawals

We made sure that our withdrawal process is straightforward, safe, and simple. Traders who wish to withdraw funds from their account need to log in to their account, and choose the “withdrawal” option.

  • It’s possible to withdraw funds only to the same funding source that was used as the deposit fund. It is not possible to withdraw it to a different account.
  • Withdrawal to a credit card is possible, as long as the funds which the traders wish to withdraw does not exceed the amount that was originally deposited via the credit card. In the case the amount exceeds the original deposit sum, the remainder will be transferred by wire transfer.

First Withdrawal Verification

In accordance with international Anti-Money Laundering (AML) laws, and Know Your Customer (KYC) standards, we are required to verify our traders’ identification. In some jurisdictions the identification might be verified electronically, while in others you will be required to provide certain documents:

  • A proof of identity. For example, a driving licence, a passport, or an official government-issued ID.
  • A proof of residence. An official mail (bank statement, utility bill, etc.) with full name and current full address on it. The document production needs to be within the last six months.
  • In case a credit card was used for funding the deposit, a front-and-back scan or image of the credit card is needed.

Charges and Fees for Withdrawal

Withdrawal charges vary with the type of account you have.

For VIP account holders every withdrawal is free. Platinum account holders can make 3 withdrawals for free each month. Gold account members can make one withdrawal for free each month. Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on. Please check the Account types page and the General fees document for up to date information.

Fees for Withdrawal

  • Debit/Credit Card: 3.5%
  • Neteller: 3.5%
  • Perfect Money / Moneybookers (Skrill): 2.0%
  • Wire Transfer: $30, €30, ₤30, ₣30, ₽1,800

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Company Information: This website (www.forextb.com/eu) is operated by Forex TB Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. Forex TB Limited is registered at Lampousas 9, Nicosia, 1095, Cyprus.

 

Forex TB Limited owns and operates the “ForexTB” brand.

 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57% 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. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. ForexTB does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Forex TB Limited is not a financial adviser and all services are provided on an execution only basis. Please read our Risk Disclosure document.

 

Regional Restrictions: Forex TB Limited offers services within the European Economic Area (excluding Belgium) and Switzerland.

 

Forex TB Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Forex TB Limited is not a financial adviser and all services are provided on an execution only basis.

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