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Getting your money out of FXDD
If a broker ever fails, the questions are how your money was held and how fast it could come back. This is how FXDD handles withdrawals today.
Regulation: FXDD Trading S.A.C. registered in Peru and authorised to provide foreign-exchange services. How FXDD is regulated
Facts last checked . Read the full FXDD review.
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank transfer and regional/local deposit methods
- Withdrawal methods
- Bank transfer, cards and supported original funding methods
- Deposit time
- Cards generally instant; bank transfers typically 1-5 business days
- Withdrawal time
- Typically 1-5 business days depending on method
- Minimum withdrawal
- $100
- Local payment methods
- Local deposit agents and jurisdiction-specific payment methods
What this means
Withdrawals are stated at Typically 1-5 business days depending on method, against Cards generally instant; bank transfers typically 1-5 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: bank transfer, cards and supported original funding 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 $100 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.
Questions about FXDD deposits and withdrawals
How do you withdraw from FXDD?
Withdrawals from FXDD are made by bank transfer, cards and supported original funding methods. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.
How long does a FXDD withdrawal take?
FXDD records withdrawal times of typically 1-5 business days depending on method. 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 FXDD?
The minimum withdrawal at FXDD is $100.