How long do withdrawals take?

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We typically handle withdrawal requests within 24 hours, but it may take up to 5 business days for the money to appear in your card or bank account.

Sometimes, withdrawals can take a little longer. This is usually due to additional checks we make to ensure we’re compliant with regulation.

How to speed up withdrawals

  • Verify your payment methods

Upload all the documents we ask for in ‘My requests’, and respond to any additional requests promptly. 

  • Withdraw to a verified bank

To withdraw profits – ie, more than your deposit – withdraw to a verified bank account.

  • Use your deposit method

You can withdraw up to the amount you deposited back to the same payment method.

  • Make sure account names match

You won’t be able to withdraw anywhere with a different name to the one on your trading account.

Why do some withdrawals take longer?

We’re a regulated broker. We follow strict know your customer (KYC) and anti money-laundering (AML) rules to protect your funds.

So sometimes, we make extra checks before we approve a withdrawal. This can happen if:

  • Your payment method isn’t verified 
  • You’re withdrawing to a new method
  • You’re withdrawing to a different method to your deposit
  • The name on your payment account doesn’t match your trading account
  • There’s suspicious or unusual activity
  • You’re requesting profits to a method that only supports withdrawals up to your deposit amount (like a card)

Sometimes, it may be that your bank is simply still handling the withdrawal. To help them find and track a card withdrawal, you can send them  an ARN (Acquirer Reference Number) or RRN (Retrieval Reference Number).

To find your ARN/RRN, follow these steps:

On the app:

  • Go to Account > Reports > Funds History.
  • Find the withdrawal or refund with the status ‘Processed.’
  • Tap on the transaction to view the related ARN/RRN.

On web:

  • Go to Reports > Transactions (on the left side of the screen).
  • Locate the withdrawal or refund with the status ‘Processed.’
  • Click the (i) button next to the ‘Processed’ status to view the related ARN/RRN.

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