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Getting your money out of FXCC

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

Regulation: MISA (BFX202408); CySEC (121/10) through EU entity; VFSC registration/licensing also disclosed for Central Clearing Ltd. How FXCC is regulated

Facts last checked . Read the full FXCC review.

Deposits and withdrawals

Deposit methods
Credit/debit cards, bank transfer, cryptocurrency and regional/electronic payment methods
Withdrawal methods
Bank transfer, cards, cryptocurrency and supported electronic payment methods
Deposit time
Cards within approximately 1 hour; crypto/electronic methods can be real-time; bank transfer typically 5-7 working days
Withdrawal time
Real-time for some methods; cards approximately 5-10 working days; bank transfers approximately 5-7 working days
Minimum withdrawal
$50
Local payment methods
Country-specific electronic and regional payment methods

What this means

Withdrawals are stated at Real-time for some methods; cards approximately 5-10 working days; bank transfers approximately 5-7 working days, against Cards within approximately 1 hour; crypto/electronic methods can be real-time; bank transfer typically 5-7 working 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: bank transfer, cards, cryptocurrency and supported electronic payment 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 $50 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Questions about FXCC deposits and withdrawals

How do you withdraw from FXCC?

Withdrawals from FXCC are made by bank transfer, cards, cryptocurrency and supported electronic payment methods. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.

How long does a FXCC withdrawal take?

FXCC records withdrawal times of real-time for some methods; cards approximately 5-10 working days; bank transfers approximately 5-7 working days. 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 FXCC?

The minimum withdrawal at FXCC is $50.

Deposits and withdrawals at brokers under the same regulator

More about FXCC