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Getting your money out of TMGM

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

Regulation: ASIC (AFSL 436416); VFSC (40356); Seychelles FSA (SD224); Mauritius FSC (GB22201012). How TMGM is regulated

Facts last checked . Read the full TMGM review.

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, cryptocurrency and regional payment methods
Withdrawal methods
Bank transfer, cards and supported original funding methods
Deposit time
Instant for cards and supported electronic methods; bank transfer approximately 1-4 business days
Withdrawal time
Typically 1-3 business days
Minimum withdrawal
$100
Local payment methods
Local bank transfer and jurisdiction-specific payment methods

What this means

Withdrawals are stated at Typically 1-3 business days, against Instant for cards and supported electronic methods; bank transfer approximately 1-4 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 TMGM deposits and withdrawals

How do you withdraw from TMGM?

Withdrawals from TMGM 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 TMGM withdrawal take?

TMGM records withdrawal times of typically 1-3 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 TMGM?

The minimum withdrawal at TMGM is $100.

Deposits and withdrawals at brokers under the same regulator

More about TMGM