How to deposit and withdraw at AvaTrade?
Depositing and withdrawing money at AvaTrade is not complicated, this tutorial will take you through the required process hand in hand.
Founded in 2006, AvaTrade is a popular broker offering a wide range of trading services for beginners and experienced traders.。
One of its priorities is to provide the best deposit and withdrawal conditions, thereby enabling traders to manage their funds conveniently and effectively。The company also uses a variety of methods to ensure that any transaction is conducted in a safe and transparent environment.。
At AvaTrade, payment methods range from traditional bank wire transfers to modern e-wallets。You can choose any method to deposit or withdraw money from the table below。
Payment method | Processing Time | Fees |
Bank Wire Transfer | Within 10 working days | $0 |
Credit / Debit Card | Instant | $0 |
E-Wallet | Within 24 hours | $0 |
AvaTrade Deposit Tutorial
Getting into AvaTrade is actually very simple.。Once you have created a live trading account and completed the verification process (for European customers), you can immediately deposit money on the platform。
Log in to your account。Go to AvaTrade's official website and log in to your account with your credentials。
Go to the deposit page。Click on "Deposit" on the customer portal and select "Add your funds" from the drop-down menu。
Choose your preferred deposit method, will be displayed to choose from, choose your preferred way to trade。
AvaTrade allows each client to open multiple trading accounts on different platforms。Please specify the account to transfer。
Enter deposit amount。Be sure to check the minimum deposit amount based on the base currency of your account and the deposit method you choose。Then, click Next。
Add payment method details。Enter payment method account details。You may need to provide other documents as proof of ownership, but don't worry, the broker will tell you everything you need。
Click the "Deposit" button and complete the transaction。
AvaTrade withdrawal tutorial
Withdrawal is often a problem in many untrusted brokers, but thankfully, it doesn't exist here。AvaTrade withdrawals can be done in a few simple steps:
Sign in to your verified AvaTrade account。Click Withdrawal Funds and select Withdraw your funds in the left menu。
Complete withdrawal form。Select withdrawal method and specify account and withdrawal amount。Make sure to use the same account as the deposit。
Waiting for withdrawal funds to be reflected in your account。
Required conditions
Deposits and withdrawals from AvaTrade accounts are not complicated, but there are several things that must be considered to ensure that the process runs smoothly。Here is the full list。
- All customers must complete the KYC verification process and submit documents confirming their identity and residence before withdrawing money。For European traders, both deposits and withdrawals need to be verified。
- AvaTrade does not charge any fees for internal deposits or withdrawals, but banking institutions or payment providers may still charge you fees。
- If you are using a different currency than the base currency of your account, you will be charged a conversion fee。Amount depends on current exchange rate。
- The minimum deposit for opening an account is $100, but it is recommended that you deposit at least $1,000-2,000 when opening an account。
- Deposits through third parties are accepted, but both parties are required to submit verification documents to confirm their legality。You will also need to provide a clear copy of the credit card used, showing the front and back of the card。
- The processing time for withdrawal applications should be around 24-48 hours, but it may take longer (up to 10 working days) for funds to be reflected in your bank account。Check with your payment provider if there are any delays。
FAQs
Can I cancel my deposit??
You can cancel your deposit。You only need to send the application to the customer service center。The deposit will be cancelled within 24 hours if you do not use the funds for any transaction。Once completed, you will receive an up-to-date notification from Customer Service via email。
How long will it take for the funds to arrive??
It depends on the base currency of your account and the payment method you choose。For example, a deposit by bank wire transfer may take 10 business days。To speed up processing, you can email a copy of Swift so AvaTrade can track your order。If the problem persists, please contact our customer service team。
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