Withdrawal from a forex account
To withdraw funds you must:
- Log in to myPaxForex .
- Go to the "Deposit / Withdrawal" page.
- Fill out the Forex Withdrawal Form according to the instructions.
All withdrawal requests are processed daily from 9:00 to 18:00 server time (GMT + 3). Withdrawals are not executed on weekends and holidays. If the withdrawal is requested after 18:00 (GMT + 3) of the current day, then it will be transferred to the next working day.
Fund withdrawals are available to account holders only. Transferring funds to a third party is prohibited. PaxForex reserves the right to define money.
When withdrawing part of the funds, it is not necessary to close the open positions, however the amount withdrawn cannot exceed the free margin ; PaxForex does not assume losses arising from lack of money on your forex account. You should control the margin requirements for the open positions yourself to reduce the risk.
What is the minimum withdrawal amount?
The minimum deposit in Forex allows opening a Forex account to trade with PaxForex, and the minimum is $ 10 or its equivalent in your base currency.
Are there any fees?
PaxForex does not charge any fees for transferring external funds to your forex account except for credit / debit card deposits, at this point a 2.5% fee applies to cover a portion of the total costs applied by the card processors involved in the transfers. For all other withdrawal methods we do not apply fees. Please note that you may have transferred funds using an external method not linked to PaxForex.
How do I withdraw? Is it easy?
Just log in to my PaxForex and you will see a variety of foreign exchange withdrawal methods for you to use. If you need help deciding which method to use then you can contact our customer support team by email, phone or live chat. They are available 24/5!
Are my transfers safe?
Yes, PaxForex guarantees safety, security and reliability at all times. Using advanced encryption technology to ensure privacy and security on the Internet. All communications are encrypted using SSL (Secure Socket Layer) technology. Passwords are encoded; Make sure you are the only one who knows your password. All personal information is completely confidential, we do not share your information with any third party.
Withdrawal times: immediate execution between 9:00 and 18:00 server time (GMT + 3) (Monday - Friday)
Withdrawal fees: PaxForex does not apply any deposit fees, all fees are made by the card processor or by electronic payment systems
|Withdrawal methods||Withdrawal time||Minimum withdrawal amount||Fees|
|Bank transfers||It is processed within 1 business day, however it takes 3-5 business days for funds to be credited to your bank account, depending on the bank you use||100 USD||Bank commission|
|Credit / Debit Cards||It is processed by us within 1 working day, but you receive the money in your account within 4 to 7 working days depending on your credit card provider.||15 USD||5.5% (minimum 10 USD)|
|WebMoney||1 working day||10 USD||0.8%|
|Okay bye||1 working day||10 USD||0|
|Perfect Money||1 working day||10 USD||2.5%|
|Skrill (Moneybookers)||1 working day||10 USD||من1 % up to 3,9% + 0,35 USD|
|Uphold||1 working day||10 USD||0%|
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