How to withdraw money from Vantage Markets?
There are many options for withdrawing funds from Vantage Markets, and you will find details below.。
There are many options for withdrawing funds from Vantage Markets, and you will find details below.。
Whether it's a short-term or long-term investment, everyone wants to enjoy hard-won profits, and the only way to withdraw funds from a trading account and transfer them to a bank account or e-wallet。At first glance, withdrawals don't sound that complicated。However, the process may take some time depending on the broker and the payment method you are using。Each broker has different rules, so it is important to know about deposits and withdrawals before registering。
In this article, we will discuss how to withdraw funds from Vantage Markets, a well-known broker based in Australia。Let's get straight to the point。
Vantage Markets withdrawal rules
Vantage Markets is a fully regulated broker since its inception in 2009.。In this broker, customers can withdraw money at any time after successfully completing a transaction and having a sufficient balance in their trading account, and customers can withdraw money to their personal account using their preferred payment method。
However, every user must be aware of certain rules. If there is a problem with the account, the broker may postpone or even cancel the withdrawal request. To avoid losses, please read the following requirements carefully:
- You need a sufficient balance in your account to initiate a withdrawal, please note the minimum and maximum withdrawal limits based on the payment method you use。
Under AML / CTF law, Vantage is not allowed to make withdrawals to third parties and all withdrawals must be deposited into a bank account with the same name as the Vantage account。
Withdrawals are only processed on weekdays (Monday to Friday) from 9: 00 a.m. to 7: 00 p.m.。
All withdrawal requests are processed according to the source of funds, you need to use the same withdrawal method as the deposit。
Withdrawal amount cannot exceed the amount originally deposited。
Vantage is not liable for any loss resulting from the provision of incorrect instructions or bank account details。
The withdrawal process requires certain information about the source of the deposit and the client's overall wealth, and the broker has the right to refuse to process the withdrawal request if the client does not provide all the necessary information。
Vantage reserves the right to cancel a withdrawal request if the account is subject to a refund investigation。
Available withdrawal methods
The withdrawal method you choose may affect many aspects of withdrawing money in Vantage Markets, including withdrawal fees, processing times, and minimum deposit requirements。Here are the withdrawal methods available on Vantage Markets:
Bank transfer
Unlike other brokers, Vantage accepts withdrawals from multiple banks, allowing traders from different regions and countries to use local methods for withdrawals.。If you use a local bank, there will be no charge, but if you use an overseas bank, a certain fee will be charged depending on the bank。
The banks supported by Vantage Markets are:
- international bank
Local Bank of Thailand
Local Banks in Malaysia
Local Bank of Vietnam
Local Banks in Indonesia
Local Banks in the Philippines
Local Banks in Nigeria
Local Bank of India
Local Banks in Laos
Debit / Credit Card
Vantage Markets accepts debit and credit cards, but card types vary based on country of residence。There is no minimum deposit requirement when using a debit / credit card, the maximum amount depends on the amount deposited with the card。
electronic wallet
An e-wallet is an internet-based wallet that can store and transfer funds digitally。Vantage Markets offers a variety of e-wallet options for you to choose from, such as:
- Astropay
- Fasapay
- Unionpay
- Skrill
- Neteller
- Sticpay
- Perfect Money
Cryptocurrency
In Vantage Markets, there are two options for extracting cryptocurrency:
- Bitwallet: funds can be sent directly to the Bitcoin software wallet。
Exchange Wallet: US dollar funds can be withdrawn to the wallet in the form of bitcoins。
Vantage Markets Withdrawal Steps
- Go to the official Vantage Markets website and log in to your account。
Select "Withdrawal" or "Withdrawal" from the menu。
Choose your preferred withdrawal method and enter details。
Enter the amount you want to withdraw, making sure it is greater than the minimum requirement and less than the maximum limit。
You can add a short description if you want。
Complete withdrawal order。
Vantage Markets Withdrawal Fee
All withdrawals from Vantage Markets are generally free, with the following few exceptions:
- A $20 fee will be charged for international wire withdrawals。
Neteller withdrawals will be charged a 2% fee, which is a fixed amount of $30 per transaction。
Skrill withdrawals will be charged 1% of the withdrawal amount。
In general, it is considered very easy to withdraw funds from Vantage Markets, and the choice of multiple payment methods benefits traders from all over the world。You can withdraw money directly to your local bank, credit card or e-wallet, some withdrawals can be processed immediately, while others can take several business days。
If you are interested in creating an e-wallet account but have not yet decided which one to choose, then these 5 top forex deposit and withdrawal electronic payment methods may be a good recommendation。
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