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Getting your money out of NordFX

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

Regulation: Seychelles FSA (SD065) through Maximus Global LTD; Mauritius FSC (GB24204016) through Nord Premium LTD. How NordFX is regulated

Facts last checked . Read the full NordFX review.

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, Skrill, Neteller and 25+ online/regional payment methods
Withdrawal methods
Bank transfer, Visa, Mastercard, e-wallets and supported original funding methods
Deposit time
Electronic methods generally instant; funds credited within one business day after receipt
Withdrawal time
E-wallets after processing; cards 5-6 business days; bank transfer 3-5 business days
Minimum withdrawal
$1 equivalent for selected payment methods
Local payment methods
Extensive country-specific online and regional payment methods

What this means

Withdrawals are stated at E-wallets after processing; cards 5-6 business days; bank transfer 3-5 business days, against Electronic methods generally instant; funds credited within one business day after receipt 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, visa, mastercard, e-wallets 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 $1 equivalent for selected payment 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 NordFX deposits and withdrawals

How do you withdraw from NordFX?

Withdrawals from NordFX are made by bank transfer, Visa, Mastercard, e-wallets 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 NordFX withdrawal take?

NordFX records withdrawal times of E-wallets after processing; cards 5-6 business days; bank transfer 3-5 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 NordFX?

The minimum withdrawal at NordFX is $1 equivalent for selected payment methods.

Deposits and withdrawals at brokers under the same regulator

More about NordFX