XTB withdrawal is the moment that traders have been waiting for. Because that is the result they deserve after a period of diligent research. However, for profits to be withdrawn to their accounts smoothly, traders are required to clearly understand the regulations when requesting a withdrawal order on the XTB exchange. To ensure your withdrawal is safe, please read the updated article below from XForex .
Regulations and terms that you need to know when XTB withdrawal
Once you become a trader of XTB, you will have to comply with the regulations and terms set by the platform. That not only ensures customer benefits on XTB. It also helps the withdrawal process take place most conveniently.
Regulations when withdrawing XTB
Regarding regulations when withdrawing money from XTB, users must note and comply with a few of the following:
- The withdrawal account must be registered in the user’s name. XTB will not accept any payments to third-party accounts. If it is a virtual or fake account, there will be separate handling policies.
- Withdrawal requests before 13:00 (GMT) will be executed on the same day that the customer places the withdrawal order (Except on weekends and holidays).
- The time for successful withdrawals is usually 1-2 days.
- XTB uses a policy of waiving any withdrawal fees. However, you may have to pay additional money to a third party if you use the form of withdrawal through an intermediary.
- Accounts making withdrawal orders must comply with regulations. At the same time, it meets the standards set by the XTB exchange. XTB exchange will not resolve complaints when users violate the law.
What is the fee set by XTB for withdrawal methods?
In addition, XTB also applies a policy of not collecting XTB withdrawal fee for customers. Because XTB includes all fees of the bank you choose to transact with.
However, if you withdraw an amount of $50 or less, you will have to pay an additional XTB exchange fee of $30. Because the withdrawal amount is less than the minimum amount that XTB has set. If you withdraw an amount over $50 by any method, it is completely free. This is quite a strong advantage of the exchange. Because this motivates investors to conduct better transactions.
How long does XTB withdrawal take?
Normally, the time it takes for XTB to process orders and transfer money to the user’s account is 1-2 days. However, for each method and each region, there will be different processing timelines.
If you are trading with XTB Limites (UK). Also, set a withdrawal request before 13:00 (GMT) then your withdrawal will be processed immediately. Otherwise, processing will be transferred to the next working day. Then the requests will also progress more slowly than normal.
How to make an XTB withdrawal to my account?
After understanding the terms and regulations on withdrawing money from XTB, your process will be optimized most easily and conveniently.
Popular XTB withdrawal methods
Before proceeding with the transaction, readers need to choose a suitable method for themselves. You may not know, the withdrawal methods that XTB provides to users also depend on the region. Vietnamese traders, only have one choice: payment via bank transfer.
Note that: With this form, you may have to pay some additional shipping or handling fees due to bank requirements.
Instructions on how to make an XTB withdrawal quickly
Below is how XTB withdrawal to your account with the 5 most basic steps:
- Step 1: Visit the home page of the XTB website and log in to your customer account.
Access and log in to your XTB account
>>>See more: Simple instructions for XTB sign-up on your phone
- Step 2: Select the “Withdraw money” category => Select the payment method “Online transfer”.
Withdraw money from the XTB platform
- Step 3: Add a bank account on XTB to conduct transactions.
Add a bank account when withdrawing XTB
- Step 4: Enter information about the amount to withdraw from your XTB account to your bank account.
Enter information and confirm withdrawal on XTB
- Step 5: Check all withdrawal information, select “Confirm” and wait for the order to be processed.
What you need to know to withdraw XTB quickly
Don’t skip the information below, because they are all you need to be able to withdraw money from XTB as quickly as possible.
What are the things to note when withdrawing money from XTB?
Be very careful and remember important issues such as:
- Traders not only have to worry about the XTB minimum deposit issue. Besides, when withdrawing money, the maximum amount must be less than the amount available in the account.
- Users are only allowed to withdraw money to a bank account registered with the same XTB account name.
- Accounts that violate XTB’s terms and regulations will not be allowed to make withdrawals.
- Requests should be submitted before 13:00 (GMT) to be processed on the same day.
- Contact XTB’s customer service team immediately if any situation occurs while performing the withdrawal process.
Why can’t I withdraw XTB money and how to fix it?
Sometimes just a few careless things can cause you to lose all the money you have earned in the past. If you do not know how to handle it promptly, it will have serious consequences for traders. Below are some reasons why the XTB withdrawal process is not smooth and effective ways to fix them.
Customers make third-party withdrawals
According to the terms that XTB has set, transactions through a third party will take a lot of processing time. Therefore, the XTB exchange does not accept and process these withdrawal requests. That means the amount you request to withdraw will not be refunded. At the same time, it also threatens users’ privacy when performing other transactions.
Withdraw money to different bank account holders
If you do not make payments using an account with the same owner. XTB will misunderstand that there is infringement or fraud from bad people. Therefore, your withdrawal request will not be approved and processed by XTB.
Error from the banking system or XTB system
Sometimes the processing bank is at fault or XTB’s system is scheduled for maintenance without your attention. Therefore, your withdrawal request cannot be transferred. In this case, you need to check the operating schedules of the organizations. At the same time, move the withdrawal time to when the system has completed maintenance.
summary
XTB withdrawal is a very simple process consisting of only 5 steps. However, if you do not clearly understand the trading regulations, your withdrawal order will not be processed smoothly. So please be very attentive and draw out the necessary things from the above article of XForex to have the most effective transaction.
>>>See more: Instructions XTB deposit methods simplest, fastest
FAQ
Is it safe to withdraw money on XTB?
XTB is an online brokerage platform that has received many operating certificates from reputable financial institutions. That completely helps you feel secure every time you withdraw money on XTB.
What are the ways that Vietnamese Traders can withdraw money from XTB?
Currently, XTB only offers one withdrawal option for users: online transfer.
How long will a withdrawal request on XTB be processed?
Depending on the region where the processing order is set up, there will be different payment milestones. However, usually, the time it takes you to receive money is about 1-2 days.
