How can I withdraw funds from my trading account? - RoboForex (2024)

FAQs

How can I withdraw funds from my trading account? - RoboForex? ›

Log in to your trading account via your stockbroker's trading app or website. Navigate to the fund section and check for available funds. Two options are available: one for adding funds and one for withdrawing funds. Based on your total balance, you can withdraw or sell equity if needed.

Log in to your trading account via your stockbroker's trading app or website. Navigate to the fund section and check for available funds. Two options are available: one for adding funds and one for withdrawing funds. Based on your total balance, you can withdraw or sell equity if needed.

The minimum withdrawal amount on RoboForex varies by payment method, typically ranging from $1 to $5. For Bank Transfers, the minimum is $500 or the equivalent in Euros.

When you make a withdrawal from the TFT funded account, it reduces the balance by the same amount. For example, if your account is at $107,000 and you withdraw $5,000, you will only have a $2,000 drawdown left to trade, as the account has a relative drawdown.

Register with RoboForex and receive a Welcome Bonus of 30 USD to start trading, with no restrictions on withdrawal or any other hidden costs; this is a great opportunity to begin trading and experience the financial markets with a reliable and reputable broker!

Withdrawal requests can be rejected due to the following reasons: Funds from trades are yet to be settled. The funds from equity and F&O trades are not settled instantly. Exchanges require T+1 day to settle funds from selling equities, and F&O trades to the Zerodha account before they can be withdrawn.

RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Brazil, Curaçao, East Timor, Indonesia, Iran, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, Ukraine, Belarus, ...

Open a ProCent or Pro account in MT4/MT5 with a USD or EUR base currency. Go to the "Welcome Bonus 30 USD" section in the Members Area. Check that the automatic system for detecting repeated transfers, "Antifraud", has approved your participation in the program. Verify your account.

When can I withdraw from trading account? ›

You can only withdraw cash from your brokerage account.

Keep in mind that after you sell stocks, you must wait for the trade to settle before you can withdraw money from your brokerage account. This typically takes two business days, and after your trade has settled, you can follow the withdrawal process above.

What happens if you lose money on a funded account? Since retail prop trading firms keep traders in demo accounts, the only thing that happens is that traders lose access to funded demo accounts if they violate the maximum drawdown level.

For bank transfers, the minimum is set at $500 or its equivalent in Euros. Withdrawals are primarily processed in USD and EUR, though other currencies may be supported depending on your method and location. RoboForex offers a robust and user-friendly platform for trading and withdrawing funds.

RoboForex is licensed and regulated by an offshore regulatory body (the FSC of Belize). It has issued private indemnity insurance and participates in the Financial Commission.

In order to deposit your account, login to your RoboForex Live Account, go to “Deposit Funds” section, and select “PayPal” from the list of the payment systems.

To sort that transfer, add your bank account details (which will then save) and select 'Transfer out' from 'Manage Ping. ' The money will be in your bank account within 1–2 business days. You can also enable automatic transfers each time you are paid into your Ping account, or to do it manually.

Withdrawing funds or Closing your trading account

To avoid being closed out, all margined positions should be closed prior to withdrawing. Withdrawal requests can only be actioned if the balance in your trading account is more than the amount you wish to withdraw.

Traders make profits from buying low and selling high (going long) or selling high and buying low (going short), usually over the short or medium term.