If you've initiated a withdrawal, you can expect to receive the funds within the specified timeframe for the chosen payment method.
How long does a withdrawal take?
Withdrawal processing time varies depending on the payment system you use.
- E-wallet: Instant
- Online banking: Instant
- Bank Wire: 1 - 3 business days
- Card: 3 - 10 business days
After you request a withdrawal on your MyFXTM dashboard, it'll be reviewed and processed. Withdrawals can be delayed or rejected if there are issues with the payment method, or if there are insufficient funds on the account to cover the margin on open positions, amongst other reasons.
How can I check the status of my withdrawal?
You can check the status of your transaction on your MyFXTM dashboard by navigating to 'My Money' > 'Transaction history'.
Why was my withdrawal transaction declined?
Please refer to the email sent to you for more details on why your withdrawal has been declined.