Fund Withdrawal

You have the right to withdraw funds from your account at any point in time. To make a withdrawal from your account please login to your trading account and click on the “Withdrawals” button. You will be presented with a variety of withdrawal options. Please choose your preferred method of withdrawing funds and insert the amount to withdraw. Kindly note that in order to withdraw funds from your account, we must have first received the necessary Identification documents inclusive of Proof of Identity documentation and Proof of Residency documentation.

Withdrawal by Wire transfer

In order to transfer funds from your trading account into your bank account, the following information should be provided

  • Recipient (Account name)
  • Bank
  • Branch
  • Account #
  • SWIFT Code
  • IBAN

If you have not provided the Company with the required information please complete the withdrawal form and fax it to 00357 25 820344 or scan and send it by email to backoffice@megatraderfx.com. You will normally receive the funds in your account within three business days.

Withdrawal to your Credit Card

If a deposit transaction was made by credit card, withdrawals can be credited to the same credit card up to the deposit amount. You will normally receive the credit on your account within one business day.

Withdrawal to your Neteller Account

If a deposit transaction was made by Neteller, withdrawals can be credited to the same Neteller account. You will normally receive the funds in your account within one business day.

Kindly note that

In order to protect all parties against fraud, we will in most circumstances, only pay funds back to the source of the original deposit. The client shall request to withdraw funds from the trading account in the deposit currency. If the deposit currency differs from the currency of the transfer the amount of the transfer shall be converted by the company into the currency of the transfer.

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