We have reviewed the FXGT minimum withdrawal process, including the withdrawal methods, fees, and processing times. We have also included a step-by-step guide on requesting your first FXGT minimum withdrawal.
FXGT Withdrawal Option | Availability |
|---|---|
Bank wires | Yes |
Credit/debit cards | Yes |
e-wallets | Yes |
Cryptocurrencies | Yes |
Internal withdrawal fees | Yes (only on bank wires, which are available for Japanese Yen transactions) |
How to Withdraw from FXGT.com?
The secure and user-friendly FXGT.com dashboard handles all financial transactions, including the FXGT.com minimum withdrawal. It will list all available withdrawal methods, as the geographic location of traders will determine the payment processors they can use.
Traders must withdraw the same amount as first deposited to the payment processor initially used, complying with the withdrawal policy in force with many brokers. Excess capital to be withdrawn above this initial amount can go to the registered payment processor of choice.
Here is an example:
- 1st deposit of $250 via credit card ending with 2468
- 2nd deposit of $250 via STICPAY
- 3rd deposit of $500 via credit card ending with 1357
- Total deposits of $1,000
- 1st withdrawal of $100 must go back to credit card ending with 2468
- 2nd withdrawal of $200, of which $150 must go back to the credit card ending with 2468 and $50 to STICPAY
- 3rd withdrawal of $300, of which $200 must go to STICPAY and $100 to credit card ending with 1357
- 4th withdrawal of $400 must go back to credit card ending with 1357
- 5th withdrawal of any amount can go to the payment processor of choice that the trader used to deposit from
Steps for Sending the Minimum Withdrawal
Traders must verify their FXGT.com account before requesting a withdrawal, and the name on the payment processor must match the name on the FXGT.com trading account. The FXGT.com minimum withdrawal amount depends on the payment processor selected.
Below are the FXGT.com withdrawal steps:
- Log into your FXGT.com dashboard.
- Click “Actions” in the top right corner.
- Select your payment processor for the FXGT.com minimum withdrawal.
- Enter your desired withdrawal amount (ensure sufficient free margin to cover the withdrawal request).
- The finance department processes FXGT.com withdrawal requests within 24 hours.
How to Withdraw Your Money from FXGT.com
The secure FXGT.com dashboard handles the FXGT.com minimum withdrawal for verified traders. Per AML regulations, traders must request the deposit amount to the same payment processor used for depositing.
FXGT.com Withdrawal Fees
FXGT.com does not charge internal withdrawal fees except on bank wires. Traders should also consider potential third-party fees and currency conversion costs if the FXGT.com withdrawal currency differs from the currency of the payment processor.
Below are the FXGT.com minimum withdrawal fees (excluding currency conversion costs and third-party payment processor fees):
- Bank wires - Dependent on the withdrawal amount
- Credit/debit cards - $0
- JCB - $0
- Cryptocurrencies - $0
- STICPAY - $0
- Neteller - $0
- Google Pay - $0
- Apple Pay - $0
Noteworthy:
- Traders can eliminate currency conversion fees with a multi-currency account.
Payment Methods Used to Withdraw from FXGT.com
The FXGT.com dashboard lists the FXGT.com minimum withdrawal methods, as geographical restrictions exist.
FXGT.com supports the following withdrawal options:
- Bank wires (only Japanese Yen transactions)
- Credit/debit cards
- JCB
- Cryptocurrencies
- STICPAY
- Neteller
- Google Pay
- Apple Pay
How Long Does It Take to Withdraw from FXGT.com?
The finance department processes valid FXGT minimum withdrawal requests within 24 hours.
The average withdrawal time for the FXGT.com withdrawal methods, including estimated third-party processing times:
- Bank wires - Up to 24 hours + Up to five business days
- Credit/debit cards - Up to 24 hours + Up to two business days
- JCB - Up to 24 hours + Up to two business days
- Cryptocurrencies - Up to 24 hours + Within 48 hours
- STICPAY - Up to 24 hours + Within 48 hours
- Neteller - Up to 24 hours + Near-instant
- Google Pay - Up to 24 hours + Up to two business days
- Apple Pay - Up to 24 hours + Up to two business days
Withdrawal Issues and Delays in Payment
The FXGT minimum withdrawal process may experience rare issues and payment delays.
Some of the possible FXGT.com minimum 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 account verification (issue)
- Insufficient free account margin (issue)
- Mismatch of the payment processor account name and the FXGT.com trading account name (issue)
- Minimum and maximum withdrawal limits for some payment processors (issue)
- Unauthorized account activity is suspected (issue)
Bottom Line
Withdrawing funds from FXGT.com is as simple as depositing and is as straightforward as most online banking platforms traders will be familiar with. The FXGT.com dashboard handles all withdrawal requests, and the minimum withdrawal amount ranges between $5 and $50, depending on the payment processor.
In addition, we recommend that you read our in-depth FXGT up-to-date broker review. Yes, FXGT.com is a legitimate broker with an excellent capital and security rating. Founded in 2019, it complies with four well-known regulators and maintains a clean track record. FXGT has a capital adequacy ratio of 40%, four times the average capital-to-risk weighted exposure ratio per regulatory minimum requirements, and a €1,000,000 liability insurance by Renaissance Insurance Brokers. Verified traders can log into their secure and user-friendly FXGT.com dashboard. Click “Actions” next to “Deposits” in the top right corner and follow the on-screen instructions to complete the process. FXGT.com does not charge for withdrawals, except for bank wires, which are available for Japanese Yen withdrawals, where the fee depends on the withdrawal amount. The FSCA in South Africa, the FSA in Seychelles, the VFSC in Vanuatu, and the CySEC in Cyprus regulate FXGT.com. FXGT.com offers an unlimited 25% loyalty bonus. It has a $10,000 limit that automatically resets 48 hours after traders exhaust it. The FXGT.com bonus is only available for the Mini and Standard+ accounts, where minimum trading fees are twice as high as in the Pro and ECN alternatives. FXGT.com automatically applies the bonus after each withdrawal.FAQs
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