easyMarkets: Withdrawal methods and possibility of withdrawal refusal Summary explanation

easyMarkets

Once you are able to actually trade with easyMarkets and make a profit, you will be able to withdraw your money. Withdrawals can be made using the same method as deposits. Please note that there are rules regarding withdrawal methods, and if you do not follow these rules, your withdrawal will be refused.

About easyMarkets features and functions

easyMarkets was founded in 2001 and has added many features since then. You can start trading immediately by uploading your certificate (driver’s license, passport), completing the document submission, and activating it. You can also create additional accounts. It also has a financial license and is regulated, so it is reliable. Compared to gemforex, ironfx, bigboss, exness, axiory, xm, fbs, etc., it has a richer overall service.

maximum leverage

The maximum leverage is 400x, allowing for fairly high-risk trades. Furthermore, as introduced on the official website, there is also a VIP service where traders can receive generous customer support. Support can be contacted via chat or email. Unique features such as dealcancellation and easytrade are also provided.

Abundant account types

There are various types such as standard accounts and premium accounts, and pips and spreads range from narrow to wide, fixed to floating. In addition, MT4 and MT5 are available as platforms, and indicators and chart analysis are also possible. There are also demo accounts and corporate accounts. You can also trade currency pairs, gold and silver. No slippage or contract rejection will occur.

Loss cut and zero cut

If you incur a loss, the stop-loss limit will apply. If the balance becomes negative, the zero cut system will be applied without margin call. You can reduce risk. There are many financial products available, and the advantage is that automatic trading is possible, as well as scalping and double trading. You can enter many lots and hold many positions.

Many deposit and withdrawal methods

As I will explain below, there are many deposit and withdrawal methods. We also accept bank transfer, stickpay, credit card, Bitcoin, etc. Bonuses and campaigns, as well as cash back and points are held, and there are quite a lot of promotions, and there is a cushion function, so you can trade with just the bonus as margin.

Withdrawal rules

easyMarkets has established withdrawal rules, and if you do not follow these rules, your withdrawal will be refused. Please pay attention to the following points.

Same method for deposits and withdrawals

In principle, deposits and withdrawals must be made using the same method. This is a measure to prevent money laundering. With easyMarkets, the amount you actually deposited will be withdrawn using the method you deposited, and the remaining profits will be withdrawn via bank transfer.

Identity verification document required

easyMarkets will not be able to process withdrawals in the first place unless the identity verification documents have been completed from account opening. Please be sure to complete all of the required ID and address verification documents as well as phone verification.

Bank account registration required

Registration of a bank account is required. You will need to enter the receiving bank information using the Swift code used for overseas remittances, so please specify the bank that has the Swift code. When you open the withdrawal menu in your account, there is a bank account registration field, so register the withdrawal account.

Bank name: Register bank name

Account name: enter your name

Account number: Specify your account number

SWIFT code: Enter the code registered by your bank.

IBAN number: if available

Minimum withdrawal amount

The minimum withdrawal amount is set at $25. You cannot withdraw less than this amount. When withdrawing money, be careful about the amount you withdraw.

Bonus cannot be withdrawn

Bonuses received as account opening bonuses or deposit bonuses can be used as margin, but bonuses cannot be withdrawn. This means that it cannot be converted into cash. Also, please be aware that when you withdraw money, the bonus will be deducted by the percentage of the withdrawn amount and disappear.

easyMarkets withdrawal methods

easyMarkets withdrawal methods include: There are no withdrawal fees no matter which institution you use, but please note that each service provider may charge a fee. There is a minimum withdrawal amount specified, but there is no limit to the maximum withdrawal amount.

Withdrawal methodMinimum withdrawal amountCompatible countriesWithdrawal reflection timecommission
Credit Card(VISA/MasterCard)25$ALLdays to weeksFree
bank transfer25$ALLWithin 5 business days (business hours only)Free
virtual currency25$ALLdays to weeksFree
NETELLER25$South America, Africa,
China, North Korea,
Outside Central Asia
days to weeksFree
Skrill25$South America, Africa,
north korea,
Outside Central Asia
days to weeksFree
fasapay25$Indonesiadays to weeksFree
Sticpay25$ALLdays to weeksFree
Web Money25$ALLdays to weeksFree
bitwallet25$ALLdays to weeksFree
Perfect Money25$ALLdays to weeksFree

Please log in first. After logging in to My Page, access “Asset Management” on easyMarkets’ My Page and perform the withdrawal procedure. If you want to know the withdrawal status, please check the “Withdrawal Status” on My Page to check the current withdrawal status.

credit card/debit card

We accept VISA, MasterCard, and even debit cards, as well as American Express. Please note that unfortunately JCB credit cards are not supported. By the way, the maximum withdrawal amount is unlimited.

Withdrawals are treated as refunds

Withdrawals using credit or debit cards are only valid when specified at the time of deposit. In other words, in order to withdraw money, you will not be able to do so unless you set up a credit or debit card at the time of deposit.

It will take several weeks to receive the money

For credit card withdrawals, it takes a very long time for them to be reflected. When a user applies for a withdrawal, the payment will be canceled between the FX company and the card company. It will take approximately 2 weeks for the cancellation information to be reflected in your statement. Therefore, a considerable amount of time is required.

bank transfer

If you choose bank transfer, the disadvantage is that you will be charged a transfer fee by the financial institution. Also, when making a remittance, the name of the holder and the registered holder of easyMarkets must match. If you wish to withdraw your profits, you must register with your bank. In the case of bank withdrawals, you can only withdraw from a place with a SWIFT code or IBAN code. This is because it is mandatory to fill out the form.

virtual currency

For virtual currency, the wallet address will be displayed as a QR code or character string, and the same amount will be remitted to the specified wallet address. Please note that it will take about 3 hours for the changes to be reflected. Also, when transferring money from easyMarkets to an exchange, be sure to enter the correct address. If you make a mistake, you may lose the entire amount.

online wallet

Please note that some online wallets may be compatible with only a limited number of countries. Basically, all changes are free of charge and are reflected immediately. Also, bitwallet, Perfect Money, fasapay, etc. require you to register for a service account. In addition, the registrant’s name and easyMarkets registered name and email address must match. Currencies are JPY, USD, and EUR. By the way, the maximum withdrawal amount is unlimited.

FAQ

We have compiled a list of frequently asked questions regarding withdrawals.

Is there a withdrawal refusal?

There are no withdrawal refusals so far. The only cases where withdrawals will be refused are cases where the account has been frozen or cases where the withdrawal rules are not followed. There are no cases where the operating company intentionally prevents employees from coming to work.

bank transfer

easyMarkets requires a withdrawal method up to the deposit amount, but when withdrawing an amount greater than the deposit amount, it is basically a bank. However, there are cases where countries that are under sanctions do not have Swift code, such as the fact that they are now excluded from Swift as a result of Russia’s invasion. In that case, you will not be able to withdraw money.

virtual currency withdrawal

When withdrawing virtual currency, if you enter the wrong wallet address, the withdrawal will 100% fail. In some cases, there is a risk of losing the entire amount, so please make sure to make a copy. Please do not hit it by hand. Also, the remittance time depends on the transaction, so there may be cases where it takes a long time.

Minimum and maximum withdrawal amount

The minimum withdrawal amount is $25 and the maximum withdrawal amount is unlimited. Therefore, please note that you will not be able to withdraw less than the minimum withdrawal amount.

Account activation required

Account activation is a prerequisite for withdrawals. Please submit your ID and address confirmation documents.

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