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Getting your money out of Global Prime

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

Regulation: ASIC (AFSL 385620); VFSC (Company No. 40256). How Global Prime is regulated

Facts last checked . Read the full Global Prime review.

Deposits and withdrawals

Deposit methods
Visa, Mastercard, PayPal, Neteller, Skrill, Apple Pay, bank transfer and 20+ regional/electronic methods
Withdrawal methods
Bank transfer, e-wallets and supported regional payment methods
Deposit time
Many electronic methods instant; bank transfers typically 1-3 business days
Withdrawal time
Many methods processed within hours; median approximately 2 hours; bank wire a couple of business days
Minimum withdrawal
$10 for most methods
Local payment methods
Interac; VNPay; Gate8; XPay and other jurisdiction-specific local payment systems

What this means

Withdrawals are stated at Many methods processed within hours; median approximately 2 hours; bank wire a couple of business days, against Many electronic methods instant; bank transfers typically 1-3 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: bank transfer, e-wallets and supported regional 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 $10 for most methods - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Questions about Global Prime deposits and withdrawals

How do you withdraw from Global Prime?

Withdrawals from Global Prime are made by bank transfer, e-wallets and supported regional payment methods. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.

How long does a Global Prime withdrawal take?

Global Prime records withdrawal times of many methods processed within hours; median approximately 2 hours; bank wire a couple of business 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 Global Prime?

The minimum withdrawal at Global Prime is $10 for most methods.

Deposits and withdrawals at brokers under the same regulator

More about Global Prime