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Getting your money out of Axi

If a broker ever fails, the questions are how your money was held and how fast it could come back. This is how Axi handles withdrawals today.

Regulation: ASIC (AFSL 318232); FCA (FRN 466201); New Zealand FMA (FSP 518226); DFSA. How Axi is regulated

Facts last checked . Read the full Axi review.

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, PayPal and regional/local payment methods
Withdrawal methods
Cards, bank transfer, PayPal and supported regional methods
Deposit time
Instant for cards, PayPal and selected electronic methods; bank transfer typically 2-3 business days
Withdrawal time
Instant for eligible card withdrawals; other methods vary by provider
Minimum withdrawal
$5
Local payment methods
PayPal; Waave and multiple region-specific payment methods

What this means

Withdrawals are stated at Instant for eligible card withdrawals; other methods vary by provider, against Instant for cards, PayPal and selected electronic methods; bank transfer typically 2-3 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: cards, bank transfer, paypal and supported regional methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $5 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Questions about Axi deposits and withdrawals

How do you withdraw from Axi?

Withdrawals from Axi are made by cards, bank transfer, PayPal and supported regional methods. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.

How long does a Axi withdrawal take?

Axi records withdrawal times of instant for eligible card withdrawals; other methods vary by provider. The broker's processing time and the bank's or card issuer's time are separate, and the published figure is usually the broker's.

Is there a minimum withdrawal at Axi?

The minimum withdrawal at Axi is $5.

Deposits and withdrawals at brokers under the same regulator

More about Axi