While depositing funds with most brokers is generally hassle-free, the experience of withdrawing funds with some brokers can be much more challenging. Learn about the Dukascopy withdrawal process, the Dukascopy withdrawal methods, Dukascopy fees, and processing times from my Dukascopy withdrawal review. Our review also includes a step-by-step guide on requesting your first Dukascopy withdrawal. Making your Dukascopy minimum deposit is fast, but how easy is it to withdraw from Dukascopy? Find out below.
Dukascopy Withdrawal Option | Availability |
Bank wires | Yes |
Credit/debit cards | Yes |
e-wallets | Yes |
Cryptocurrencies | Yes |
Internal withdrawal fees | Yes |
How to Withdraw from Dukascopy?
Dukascopy is a Swiss bank and the process of requesting a Dukascopy withdrawal functions similarly to the request process for other online banking platforms, with which most traders will be familiar. As a trusted broker, Dukascopy maintains a convenient AML-compliant withdrawal process. During my Dukascopy broker review, the Dukascopy dashboard and the trading platforms handled all financial transactions for verified clients and listed all available payment processors. For certain payment options, geographic restrictions may apply.
Noteworthy:
Traders cannot request withdrawals from the Dukascopy demo account, as it uses virtual funds. Like all demo accounts, it is separate from the live setup.
Per AML regulations, the name on the payment processor must match the name on the Dukascopy trading account exactly. Only verified traders can request a Dukascopy withdrawal. Dukascopy has no minimum withdrawal amount, but various payment processor limits may apply.
Dukascopy Withdrawal Steps
1. Log into your Dukascopy trading platform.
2. Navigate to “Account,” select “My Account,” and click “Withdrawal.”
3. Select your preferred payment processor, enter your desired withdrawal amount (ensure you have sufficient free margin to cover the withdrawal), and follow the on-screen instructions.
4. The finance department processes each Dukascopy withdrawal within 48 hours and will e-mail a confirmation once actioned.
Dukascopy Withdrawal Methods – How to Withdraw Your Money
Verified Traders can request a Dukascopy withdrawal from the Dukascopy client dashboard or the Dukascopy trading platforms. The accepted payment methods include international bank wires, credit/debit cards, Skrill, Neteller, Apple Pay, Western Union, and crypto currencies Bitcoin, Ethereum, and Tether stablecoin. Geographic restrictions on payment availability may apply, but all Dukascopy account types, including the Dukascopy Islamic account, offer bank wires, credit/debit cards, and cryptocurrencies.
Dukascopy Withdrawal Fees
Traders will pay a Dukascopy withdrawal fee. The amount depends on their choice of payment processor, and potential third-party processing fees may also apply. My Dukascopy review also found a 0.50% currency conversion if the Dukascopy withdrawal currency differs from the currency used by the payment processor. Traders planning to use their Dukascopy withdrawal for bill payments or general personal consumption should consider these additional costs.
Below are the Dukascopy minimum withdrawal fees (excluding currency conversion costs and select third-party processing fees):
- Bank wires - dependent on the Dukascopy withdrawal currency used ($35, €20, £15, etc.)
- Credit/debit cards - €1.50 + 2.5%
- Skrill - 2.5%
- Neteller - €1.00 or 2.5%
- Cryptocurrencies - 0.50% with a minimum of €25 or CHF25
- Apple Pay - $0
- Western Union - set by Western Union
Noteworthy:
Traders can eliminate currency conversion fees with a multi-currency account
Which Payment Methods Can Be Used to Withdraw from Dukascopy?
The Dukascopy client dashboard and the Dukascopy trading platforms list all available withdrawal methods, though geographical restrictions may impact the availability of some payment processors. All traders can use bank wires, credit/debit cards, and cryptocurrencies for their Dukascopy withdrawal requests.
Traders can use the following payment processors to request their Dukascopy withdrawal:
- Bank wires
- Credit/debit cards
- Skrill
- Neteller
- Cryptocurrencies
- Apple Pay
- Western Union
How Long Does It Take to Get a Withdrawal from Dukascopy?
The Dukascopy finance department processes withdrawals within 48 hours.
The minimum withdrawal time for the Dukascopy withdrawal methods, including estimated third-party processing times:
- Bank wires – Processed within 48 hours + Up to 10 business days for delivery
- Credit/debit cards - Within 48 hours + Up to 10 business days
- Skrill - Within 48 hours + Instant to Near-Instant
- Neteller - Within 48 hours + Instant to Near-Instant
- Cryptocurrencies - Within 48 hours + Instant to Near-Instant
- Apple Pay - Within 48 hours + Instant to Near-Instant
- Western Union - Within 48 hours + up to 24 hours
Withdrawal Issues and Delays in Payment
Withdrawal issues and payment delays during the Dukascopy withdrawal process are rare but could arise for various reasons.
Some of the possible Dukascopy withdrawal issues and delays in payment are:
- Up to five business days for funds to arrive (delay)
- Withdrawal payment processor differs from the deposit payment processor (delay)
- Outdated or incomplete client account verification (issue)
- Insufficient free account balance not used for margin trading (issue)
- Mismatch of the payment processor and the Dukascopy trading account name (issue)
- Minimum and maximum withdrawal limits for some payment processors (issue)
- Unauthorized account activity suspected (issue)
Bottom Line
The secure Dukascopy dashboard and the Dukascopy trading platforms manage Dukascopy withdrawals for verified traders. The finance department processes withdrawal requests within 48 hours, the withdrawal fees and processing times will depend on the payment processor. The name on the payment processor and the Dukascopy trading account must match to comply with AML regulations. Credit/debit card deposits have a $18,000 limit per single transaction. Dukascopy does not have a minimum deposit requirement, but payment processor limits may apply. Dukascopy is a well-regulated Swiss bank and broker that ranks among the safest and most trusted industry-wide, with an operational history exceeding 20 years. The Dukascopy withdrawal fee depends on the payment processor used and is either a fixed charge or a percentage-based fee, except for Apple Pay, which has no withdrawal fee. Verified traders must log into the Dukascopy dashboard or their Dukascopy trading platform, navigate to “Account,” select “My Account,” and click “Withdrawal.” They can then choose their payment processor and Dukascopy withdrawal amount. Traders must follow the on-screen instructions to complete their Dukascopy withdrawal. The Dukascopy finance department processes withdrawals within 48 hours.FAQs
What is the minimum withdrawal on Dukascopy?
Is Dukascopy safe?
How much does Dukascopy charge for withdrawal?
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