People trade in the Forex market with the sole aim to make money. If you are not able to withdraw funds from your trading account, then the entire thing becomes useless. So when searching for the broker to trade FX online, the first and the most important criteria that you should look upon is the withdrawal features so that you can enjoy the trading experience to its fullest. IF the withdrawal process is not fast and there are a lot of obstacles in the path and time consuming, then you are dealing with the wrong merchant and it’s time to make a switch. Because the last thing you want is to get stuck with a broker who is not willing to make you withdraw the funds easily. But there is no such thing with InstaForex as the merchant is known for speedy approval and quick settlement of funds.
How to Claim Withdrawal: Step by Step Procedure
If you want to opt for InstaForex Withdrawal, you can follow the guide mentioned over here to cash in the money in your bank account. The first and foremost thing is that you need to go to the My Accounts section which is available under the Control Panel and click on the withdrawal menu. A pop-up window will open where you need to fill in relevant details like the amount you want to withdraw, currency type, payment options (Credit Cards, Bank Wire, Skrill, Neteller etc.). Once you fill the information, you will be taken to a new Window where you will be asked to produce relevant identification details like credit card or any other valid ID proof. This is a safety measure to make sure that you are the right person and no one else is claiming the funds on your behalf. Once this step is completed your application will start getting processed. You will receive a confirmation in your email or smartphone and in the next 5 working days, the funds will be made available to your bank account.
Important Note before Opting for InstaForex Withdrawal
Sometimes the application for the withdrawal of funds is not processed and people start blaming the broker concerned for this. In order to avoid such kind of unfortunate incident in future, you are advised to read the terms and conditions pertaining to the withdrawal request so that your application is processed without any hassles. The minimum amount that can be withdrawn should not be less than $100. You cannot withdraw bonus amount if your trading account does not reach a suitable balance limit. Like for instance, if you want to withdraw $100 which was your bonus amount, the balance in your account should be more than $1,000 and not a penny less. Also, the mode of payment should be same for deposit as well as withdrawal. If you keep yourself abreast with these rules, you are likely to have a pleasant experience with InstaForex.
InstaForex Withdrawal is subject to an utmost measure of security check and the data is completely encrypted so that that the information is not passed to someone outside the organization. The merchant employs the latest SSL encryption which means that your funds are completely secured from any kind of phishing scams. For quick settlement of funds, it is advised to opt for e-Wallet payments because bank wire transfer is subject to a lot of verification and other clearances. On the whole, the entire process of withdrawal is safe, convenient and fast making it convenient for traders concerned to withdraw funds without any kind of difficulties. Another great advantage is that you can cancel your withdrawal at any point of processing the request. This is a great feature that allows flexibility while withdrawing money from one’s trading account. You should try to sign up with InstaForex if you have not made an account to trade Forex online and you will find a value for money. You can read our in-depth InstaForex Review to learn about its features, trading platform and bonus options.