Before deciding on Plus500 withdrawal, speculative decisions come to one’s mind and sometimes especially the newbie traders are in anxiety. People think of the possibility that the prices of the commodities might soar or come down and what impact is it going to having on the money so withdrawn from the trading account. You need not have to worry about those trivial issues because your broker is always available to guide on such issues. Regarding the withdrawal of funds, you should know that it is very easy and safe at the same time. The overall process is very expedited and there is no waiting time. At any time of time, if you experience any kind of problems, you can take the guidance of customer staff that will be happy to help.

Security of Funds

It is to be noted that if you choose for Plus500 Withdrawal, you can take a minimum cash of $50 and a daily limit should not cross $100,000. The broker strives hard to make the refund to the original source of remittance of the customer wherever possible. To make things easy and quick, you need to provide a valid Photo ID so that the withdrawal request can be initiated as early as possible. In order to maximize the protection on your trading account, you are advised to supply additional information as a part of the documentation. The documentation also goes a long way in the overall ownership verification of the payment method used. At the present time, the broker does not offer cash remittance and one needs to choose PayPal, Skrill Moneybookers, Bank Wire Transfer, VISA or MasterCard to withdraw funds from the account.

* Your capital is at risk.

Withdrawal Process

At any point in time, you can request for Plus500 Withdrawal by going to the official website of the broker and fill an online application form. Just log in to your trading account and choose withdrawal request from the drop down menu. You need to select the amount that you wish to withdraw and the payment gateway. The online request for whatever amount it is will be sent to the compliance department for getting processed. Since the broker is regulated by ASIC and FCA, it guarantees 100% security on any kind of financial transaction that is involved. You need to produce a valid ID proof to verify that you are the rightful customer and it helps in avoiding scams and frauds. It takes around 5-7 business days for the withdrawal request to process and it will reach your bank account. Wire transfers can take up to 10 days time owing to several verification procedures. Skrill transfers are relatively faster. The good thing is that the broker does not charge any kind of fee for making a withdrawal.

Conclusion

Many traders often wonder if the money that they have deposited with Plus500 is readily available for withdrawal or not. It is indeed so and you will be glad to note that the Plus500 withdrawal is one of the fasted in the industry with excellent payment service offering to the customers. There are myriad ways to withdraw money and all you need is to choose your preferred payment gateway. You should note that the payment method should be same for deposits and withdrawal else the request for money will not be initiated. To expedite payments, it is advised to use e-Wallet payments where funds can be settled in 3-5 working days.  If you need additional information about the broker, you can read our in-depth Plus500 Review and learn how the merchant operates in the FX market.

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