InstaForex offers fast, secure withdrawal methods like Skrill, Bitcoin, and bank transfers. Follow simple steps to withdraw funds, with low fees and quick processing times.
InstaForex is recognized as one of the top 20 Forex brokers, offering a smooth and reliable profit withdrawal process for its customers. The broker provides fast and secure withdrawal options, ensuring that traders can access their funds with ease.
One key rule is that withdrawals must be processed using the same payment system and account details (such as currency and account number) that were used for the initial deposit. If your trading account has been funded using multiple payment systems or different wallets and currencies, withdrawals will be processed proportionally based on the source of the deposits. This ensures a consistent and secure approach to managing withdrawals.
InstaFX Withdrawal Methods
InstaForex offers a variety of secure withdrawal methods, ensuring traders can access their funds conveniently. When requesting a withdrawal, funds must be transferred to a bank account registered under the same name as the trading account holder. InstaForex reserves the right to cancel any withdrawal transaction if the provided documentation does not meet their standards, with the funds being returned to the trader's account.
Here are the available withdrawal methods for InstaFX:
- VISA/MASTER Card
- Skrill
- Bank Wire
- Neteller
- Payco
- Bitcoin
- Litecoin
- B2BinPay
- PayLivre
- ChinaUnionPay
Southeast Asia Bank Transfers
InstaFX Withdrawal Fees
Here is a breakdown of the withdrawal fees for different payment methods offered by InstaFX:
- VISA/MasterCard: 2.5% + 3.50 EUR/USD
- Skrill: 1.39%
- Bank Wire: 2%
- Neteller: Transaction fee - 2%
- PayCo: Payment system fee
- Bitcoin: 0.5%
- Litecoin: 0.5%
- B2BinPay: No fee
- PayLivre: 1.5%
- ChinaUnionPay: 1.5%-1.8%
- Southeast Asia Bank Transfers: 2% + 0.3 EUR (minimum 1 EUR)
Additional Note: If the withdrawal amount is less than 50 USD, an additional 1 USD commission will be charged.
How to Withdraw Money From InstaFX
Withdrawing funds from your InstaFX trading account involves a few simple steps to ensure a smooth transaction. Here’s the process:
- Choose a Withdrawal Method: Begin by selecting the withdrawal method that suits you best from the available options, such as VISA/MasterCard, Skrill, bank wire, or cryptocurrency.
- Input Account Information: Provide the necessary account details for the selected withdrawal method. Make sure the information is accurate to avoid any delays in processing.
- Fill Out the Withdrawal Request Form: Once you've selected the method and entered your account details, complete the withdrawal request form with the amount you'd like to withdraw.
- Processing Time: Once the request is submitted, the requested amount will be deducted from your trading account. The funds will then be transferred to the payment service you have specified.
It's important to note that all withdrawals and deposits are processed during the Finance Department’s working hours, which are Monday to Friday, 10 a.m.–7 p.m. (UTC+3). Any requests made outside these hours will be processed the next business day.
InstaFX Minimum Withdrawal Amount
InstaFX has different minimum withdrawal requirements depending on the payment method chosen. Here’s a breakdown:
- E-wallets and Bank Credit Cards: The minimum withdrawal amount is $1, including the commission.
- Wire Transfer: The minimum withdrawal amount is $300.
- Bitcoin Wallet: The minimum withdrawal amount is 0.000118 BTC.
- LiteCoin Wallet: The minimum withdrawal amount is the equivalent of $3 (the exchange rate will be shown when applying for the withdrawal).
How Long Do InstaFX Withdrawals Take?
- VISA/MasterCard: 1-6 bank days
- Skrill: 1-7 finance department working hours
- Bank Wire: 2-4 bank days
- Neteller: 1-7 finance department working hours
- PayCo: 48 hours
- Bitcoin and Litecoin: 1-7 finance department working hours
- B2BinPay (Tether): 3 hours
- PayLivre: 24 hours
- ChinaUnionPay: 1-7 finance department working hours
- Southeast Asia Bank Transfers: 1-7 finance department working hours
- System's processing time: 1-2 business days
These processing times may vary depending on the withdrawal method and external systems.
Published by:
Daniel Carter