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SureTrader’s Funding and Banking department handles all submitted withdrawal requests. KYC Identification is needed in order to process a withdrawal.
Withdrawals/Credit Card Refunds
Traders who make a deposit but have not placed any trades and wish to withdraw their deposit, can do so by requesting a full refund back to the original source of the funds, e.g. Credit Card.
Traders who make a deposit, have placed trades, and wish to withdraw their deposit, must be assessed for fees and may have to wait up to 3 business days for trades to settle prior to processing withdrawal. Note: Any client who has made a deposit through ACH must wait at least 10 days after deposit has been posted in order to request a withdrawal of their deposit, or funds on account.
Withdrawals to Credit or Debit Cards are processed back to cards as “refunds” up to the amount transacted by an individual for funding his/her account. Any remaining balance in addition to this amount can also be processed to the Credit or Debit Card or sent by Wire Transfer. For example, a trader deposits $500 via Credit Card, makes $300 profit and wants to withdraw $800. Subject to KYC identification documents being verified and approved, $500 of the total $800 would be sent back to the original card as a “refund”, and the remaining $300 can be sent to the original card as an additional “load” or by Wire Transfer.
There is a $40 USD Fee for Wire Transfers, PayPal, E-Wallet, and ACH, and a 3.5% processing fee for Credit Cards. The minimum to withdraw is $100 USD, or equivalent of the currency used to make the initial deposit.
If you have deposited funds, received access to our trading platform but have not executed at least 15 trades within the first 90 days, there will be $50 inactivity fee applied to your account.
Once a withdrawal request is submitted it can take SureTrader up to 3 business days to process the request. Once the request has been approved please allow an additional 4-5 days for the funds to show in your account.