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FXTrade
Fund Withdrawal
Request for Fund Withdrawal
Funds may be withdrawn from a Customer's Account at any time, providing
that the value of the customer FXTrade account is equal to or greater than
the margin requirement. All amounts withdrawn from the FXTrade account
will be paid to the customer's account from which the funds were
received. OANDA does not process any payments to any third party other
than the account holder.
For example, withdrawals for deposits received by check will be
made by check, withdrawals for deposits made by wire transfer
will be made by wire transfer, etc.
Multiple Deposit Methods
If the customer used multiple methods for deposits, then OANDA,
at its discretion, will choose the method for transferring
the withdrawal amount back to the customer. OANDA will
do its best to accommodate the wishes of its customers,
but may charge the wire transfer bank fee (described below)
if funds were deposited by wire transfer, but a PayPal
or Check withdrawal is being requested.
Processing Time
Withdrawal requests will be processed by
OANDA within
3 business days of receipt by OANDA.
Withdrawal Fee
Wire: The following bank wire
fee schedule applies to withdrawals made by wire.
| Bank Wire Fee |
| Account |
First Withdrawal (Fee)
processed within calendar
month |
Additional
Withdrawals
processed within
calendar month |
| EURO |
€40 |
Fee + €15
|
| USD |
US wire $25
International wire $40 |
Fee + $15 |
| CAD |
CAD $55 |
Fee + CAD $20 |
| CHF |
Swf $50 |
Fee + Swf 20 |
| GBP |
£ 25 |
Fee + £10 |
| JPY |
¥5,000 |
Fee + ¥2,000 |
| AUD |
$50 |
Fee + $20 |
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USD Accounts ONLY
Check: No fees are applied for the
first withdrawal processed within a calendar month. If more
than one withdrawal
is processed within a calendar month, a fee of $15.00 will be
deducted from the withdrawal.
PayPal: No fees are applied for
the first withdrawal processed within a calendar month. If more
than one withdrawal
is processed within a calendar month, a fee of $15.00 will be deducted
from the withdrawal.
The Withdrawal request can be submitted by
completing the following Withdrawal request form:
If you have any questions on fund transfers, please contact
our FXTrade account managers today.
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