How to Withdraw Money from your Trading Account or Wallet
In case of successful trading, you might want to withdraw cash from your Forex account at some point. MTrading comes with a variety of supported withdrawal options that let users instantly transfer funds from their balance to a selected wallet or bank account.
In this article, you will learn how to get your money ready to spend in several simple steps. Please, note, withdrawal can be completed only via the same payment option you are using for depositing.
Account Verification for Withdraw Money
To withdraw money, you need to have a valid Forex trading account. The process starts with entering a Trader’s Room, which is a personal client’s area where users can track all their transactions and account info as well as specify a preferable deposit/withdrawal method. Additionally, traders need to have their accounts verified to activate the withdrawal feature.
The process involves several simple steps.
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Step 1. Log In or Open a New Account
Users need to log in and navigate to a Trader’s Room. If you still do not have a trading account, open one. Otherwise, you will not be able to open real positions as well as trade across different financial markets.
Step 2. Fill in a Short Form
New users will be asked to indicate personal data. Here you can also explore a variety of available deposit and withdrawal methods accessible in your country and add crypto wallets and banking account details to switch between various gateways if needed.
Step 3. Verify Your MTrading Account in Seconds
MTrading makes it easy for users to enter financial markets and start trading right at once. The company utilizes a state-of-the-art AI-based solution for seamless account verification that takes seconds. All you need is to log in to your existing trading account and press “verify” in the Trader’s Room.
From now, you have access to all trading features as well as available methods to withdraw money.
Options for Money Withdrawal
MTrading offers a range of payment processors. They include traditional gateways like wire transfer and debit-credit cards, advanced e-wallets, cryptocurrency methods, and 30+ local payment solutions for traders with different geo.
Major options to withdraw cash from your trading account include the following:
| Banking Options | E-Wallets | Crypto |
|---|---|---|
| Visa | Skrill | USDT |
| MasterCard | Neteller | BTC |
| Wire Transfer | Perfect Money | |
| Online Banking Payments | FasaPay |
Additionally, traders can withdraw via local payment processors as well as over 30 different regional gateways. Also, note that some services establish extra transaction fees.
Instruction Withdrawal Money – Step-by-Step
It will take you just a few minutes to withdraw money from your MTrading forex trading account. The process involves the following steps:
- Enter the Trader’s Room.
- Navigate to the withdrawal section and select a preferred withdrawal method.
- Select an account type and wallet you want to get money from.
- Indicate a desired currency. Note that some methods support only local currencies. You will see them in the dropdown list.
- Insert the amount you want to withdraw.
- Accept the terms and conditions and press the “Withdraw” button to complete the transaction.
When you select a currency different from the local one, the system will automatically calculate the exchange rate, fees, and remaining balance. So, you will see exactly how much money will be withdrawn.
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.