Withdrawals FAQs
- How do I withdraw funds from my account?
- How will my withdrawal be processed?
- How do I transfer funds between my existing accounts?
- What if I have open positions when I submit a withdrawal or transfer request?
How do I withdraw funds from my account?
You can request a withdrawal of funds via MyAccount.
The minimum withdrawal amount is 100 of your account's base currency, or the remaining amount if less than 100.
How will my withdrawal be processed?
Deposited funds must be returned to the originating funding source in the following order:
- Credit/Debit Card
- Wire Transfer
Excess funds may be withdrawn via bank transfer.
Withdrawals
Credit/Debit Card
| Processing Time* | Max withdrawal amount | Fees |
|---|---|---|
| Up to 24 hours | $50K or transaction up to the amount funded | None |
Wire Transfer
| Processing Time* | Max withdrawal amount | Fees |
|---|---|---|
| Up to 48 hours | Unlimited, once cards deposits are refunded | Additional fees may be applied by receiving bank. |
*Processing time only reflects the time it takes FOREX.com to complete the withdrawal during normal business hours. Your bank may take additional time to credit the funds to your account.
How do I transfer funds between my existing accounts?
Please contact client services to initiate this request.
What if I have open positions when I submit a withdrawal or transfer request?
A withdrawal of funds will result in a reduction of funds available to be used for margin to maintain open positions. This may result in the liquidation of any or all of my open positions. It is your responsibility to ensure that the account holds enough margin to maintain open positions.