Withdraw from Stocks Wide. How long?
The forex market can help you increase your income. To make money, you need to choose a broker and make a deposit. There are enough tools at your disposal to successfully close trades. There are convenient ways to deposit/withdraw funds. Let's talk about the latter, taking Stocks Wide as an example.
How long will it take to withdraw funds from Stocks Wide?
The broker operates legally without breaking the law. Its activities are controlled by security protocols. Therefore, it is simply not possible to request an instant withdrawal. The money will not be credited within a few minutes or an hour. But, you can still count on relatively fast withdrawal.
Stocks Wide takes 1-3 working days to process your withdrawal request. Competitors have a more protracted process. Once the money is sent to the bank, it arrives on the account in 1-5 days. In this case, the broker has no influence, as everything depends on the speed of interbank payment.
Many financial institutions work quickly. Therefore study the conditions, paying attention not only to the crediting period, but also to the amount of commission.
Cyber-security also affects the processing time of the request. There are many scammers and everyone is trying to steal someone else's account. Therefore, every transaction by a user lends itself to scrutiny. A legitimate broker does everything possible to protect his clients.
How the withdrawal takes place?
The Stocks Wide broker first considers the request, then makes a decision. There is no other way around it.
The whole process consists of two stages:
- the client forms an application in the personal office, filling in all the fields. Here the amount is specified, the method of transfer is indicated, and additional data is entered;
- the broker receives the application and carries out the necessary verification. In case of a positive response, the money is transferred to the bank account.
With SWIFT everything goes faster. Take holidays and weekends into account, as they also affect the crediting speed.
The minimum request amount is just as important. It is determined by the type of account. It's better not to withdraw from a small deposit, because if you pay all the commissions, you may get nothing. Plus, an insufficient balance limits the use of certain tools.
Amount of commission
The broker's remuneration is spelled out in the agreement and depends on the rate. Stocks Wide has offers for everyone, so there is no problem with the selection. The amount of commission also depends on the size of the withdrawal.
Stocks Wide minimum withdrawal
The amount available is determined by the tariff plan and type of account. The basic Stocks Wide account has an insufficient balance. That is why it is better to make some money and then make a request.
The transaction can be blocked at any time. This is done by the bank for security reasons. This checks the funds and the legality of their receipt (especially if there are large sums involved). In order to solve the problem it is necessary to present proof of how the money was earned. Afterwards, everything is restored and the procedure is completed successfully. Nobody blocks or even arrests the money.
Suspension of transfer is sometimes caused by hackers. Exchanges have long been their target, so the company always reacts to suspicious activity.
If you enter the details or any personal details incorrectly at the registration stage, you may also encounter rejection. If there is an error in the account, the bank should be contacted.
Why can Stocks Wide be blocked?
The broker will not give a positive answer if
- the client is trying to use an account that is not his own;
- verification has not been passed;
- the data is invalid or not up to date;
- the client has been found to have engaged in fraudulent activity.