Skip to main content

Understanding the Withdrawal Process

Updated over 3 months ago

Withdrawal Methods Overview

The Withdrawal section in your Client Portal displays all available withdrawal options specific to your registered region. Each method includes important details:

  • Estimated processing timeframes

  • Associated fees (where applicable)

  • Minimum and maximum withdrawal limits

First In, First Out (FIFO) Policy

In compliance with anti-money laundering regulations and FXTRADING.com's internal compliance standards, all withdrawals follow a strict FIFO principle. Here's how it works:

Example Scenario:

Suppose you've made multiple deposits using different methods:

  • $2,000 via credit card (ending in 2998)

  • $500 via PayPal

  • $1,000 via Neteller

After trading, your account balance grows to $3,800 (including $300 profit). When you request to withdraw the full $3,800, the system will automatically:

  1. Return $2,000 to your original credit card

  2. Return $500 to your PayPal account

  3. Return $1,000 to your Neteller account

  4. Allow you to choose how to receive the remaining $300 profit (via bank wire or cryptocurrency wallet)

This process ensures transparent fund tracking and regulatory compliance.

Saved Withdrawal Methods

For your convenience, the system securely stores details of your previously used withdrawal methods, which may include:

  • Banking account numbers

  • Bank names and branch information

  • BSB or SWIFT codes

  • Bank addresses and countries

  • IBAN numbers

  • Cryptocurrency wallet addresses

This feature allows you to make subsequent withdrawals quickly without re-entering your payment details.

Internal Transfers

You can easily move funds between accounts using the internal transfer options at the bottom of the Withdrawal tab:

Transfer Options:

  • Between your accounts: Transfer funds between trading accounts within your own Client Portal

  • To another user: Transfer funds to a trading account in a different Client Portal

When transferring to another user, you must provide their trading account number and registered email address for the transfer to be processed successfully.

Did this answer your question?