What to do if the broker does not withdraw money and how to withdraw money from the broker? The broker does not withdraw money, what should I do? Description of possible causes and ways to solve them Deposit and withdrawal of funds by a third party

28.07.2021

Why does a trader come to the Forex market? Naturally, not for thrills, but for profit. It is for this that the rules of technical analysis are studied, various trading strategies are tried, and a lot of literature is read. Finally, the result is achieved - the profit is received. And here one of the most important questions arises - how to get your hard-earned money?

The problem is that many traders choose a broker to trade with absolutely no interest in how to withdraw their profits? Let's talk in more detail about how to withdraw money from a trading account.

What you need to do before opening a real account

Before opening a real deposit with the selected forex broker, you should definitely ask on what conditions the broker withdraws the earned profit.

As a rule, money is available for withdrawal only after passing the verification procedure. At the same time, verification can have several levels, at each of which you will need scans or photographs of identity documents. Naturally, when registering, in order to avoid further problems, it is best to indicate the real name and surname.

Dealing centers and brokers operating in the CIS do not limit their services only in this way, but offer many more ways to withdraw profits - from electronic payment systems to such exotic things as bitcoins.

We will review the most popular ways to withdraw money from Forex.

Electronic payment systems

Most companies allow you to withdraw profits to electronic wallets of the most common payment systems. The leading place here is occupied by Webmoney, Yandex Money, Qiwi, Skrill and Neteller systems.

When choosing a payment system, be sure to familiarize yourself with how much money you will lose when withdrawing profits. For example, WebMoney has a standard commission of 0.8% of the transfer amount, while Neteller has a commission of 1% (no more than 11.41 USD or 10 EUR) and a commission of 1.39% of the withdrawal amount.

At the same time, pay attention to the deadlines. The withdrawal may take from several working hours to several working days - this will be indicated on the broker's website and in the contract.

Important: despite the fact that Webmoney is, at the moment, the most common electronic payment system, some companies do not work with them.

Withdrawal of profit to a bank account (bank card)

Withdrawing money to a bank account or bank card can take from 1 to 7 banking days.

Withdrawing money from Forex to a bank card is not so popular among ordinary traders. This is due to the fact that the commission charged in this case is somewhat higher than when withdrawing funds to the same card through the chain "trading account - electronic payment system - intermediary - bank card". This is especially true if the country of residence of the trader and the country in which the broker is located are different. In some cases, for citizens of other states, this method is not available at all.

Reduce the popularity of this method and the timing of the withdrawal of money. Unlike electronic payment systems, withdrawing money to a bank account or bank card can take from 1 to 7 banking days.

However, this method is used by traders who withdraw significant profits (of the order of several thousand dollars). For such speculators, it is not the withdrawal period that is important, but its maximum reliability.

Own cards forex brokers

Recently, the trend of forex brokers issuing their own payment cards is gaining momentum. Their names are different for each broker, but, in fact, they are the same - this is an international MasterCard card.

This method has many advantages. Using a MasterCard card, you can withdraw cash at any ATM, pay in stores, make purchases on eBay or Amazon, where their patency compares favorably with cards of domestic banks.

But the most important advantage is completely different - these cards are opened in an offshore zone and transactions with them do not fall under the law on financial monitoring in the territory of their native state. Therefore, if your profit from Forex trading has reached cosmic proportions, this method will be the most profitable.

Naturally, it was not without drawbacks. The issuance of such a card is not free, in addition, a card maintenance fee is periodically charged. When withdrawing cash from an ATM, you will be charged a commission, which consists of a fixed amount and a percentage of the amount withdrawn. Therefore, the use of such a card is completely unprofitable for an ordinary trader with a small deposit.

Conclusion

If you have come to the foreign exchange market seriously and for a long time, then the question of how to withdraw money from Forex should be of interest to you in the first place. After all, the main goal of a trader is to make a profit, and not to deposit money on a Forex broker's deposit.

The large-scale popularization of the prospects for making money in the financial markets has created fertile ground for the development of fraudulent activities in this industry. An increasing number of ordinary traders are faced with the problem of non-payment of profits. Similar difficulties can be encountered both when working with binary brokers and with companies providing intermediary and consulting services in the over-the-counter foreign exchange market.

What to do if the broker does not withdraw money? There are several proven ways to return the invested funds. Before getting acquainted with them, it is important to understand the reasons for non-payment of profits and blocking of a trading account. The user agreement provides for cases that give the company the right to apply such measures.

On the official website of each brokerage organization, you can find a user agreement. As a rule, traders are invited to familiarize themselves with the document when creating account. The agreement contains the section "Rights and obligations of the parties". When studying the document, it is important to pay attention to the presence of the following points:

The Company reserves the right to block the client's account without giving reasons.
The company reserves the right to cancel the result of trading and block the user's account in the event that this will cause material damage to the company. Particular attention to this item should be applied when opening an account for binary options trading. The fact is that this type of exchange contract involves the conclusion of a short-term agreement between the trader and the company. The object of the agreement is the user's forecast regarding the value of the asset at the time of the expiration of the expiration period. If the forecast is successfully implemented, the trader receives a payout of up to 92% (depending on the type of option and the trading conditions of the broker). Otherwise, the investment amount will go to the broker. Thus, it turns out that correct forecasts cause material damage to the company. The presence of the mentioned clause in the user agreement, in fact, entitles the broker not to withdraw money received from binary options. Therefore, if such a rule appears in the contract, then it is better to open an account with another company.
The client's account can be blocked or canceled if fraud is suspected. These include:
- laundering of money;
– use of vulnerable features of the trading platform for material gain;
– trading with funds obtained through criminal activity.

Fraudulent brokers may refer to this paragraph when blocking a user's account. To rehabilitate the account, the client may be offered the following:

If the client's account is blocked and the administration refers to one of the clauses of the user agreement as an argument, then in this case it will most likely not be possible to return the invested funds, since the inattentive user himself agreed to this when creating the account. It is important to understand that a service agreement with a brokerage company is not a document that can be ignored.

Which brokers withdraw money? Reliable broker that operates on the territory of the Russian Federation in accordance with current legislation, should not impose such requirements on potential customers and cannot give itself such rights. Distinctive feature such companies is to have a license from the Central Bank. The Financial Commission of the Russian Federation and other dubious structures were founded by such a company as Tele Trade and others whose activities do not inspire much confidence.

Additional Causes of Output Issues

Delays in the payment of profits often occur when working with trusted and reliable companies. In most cases, these include:

a large number of applications (in many companies, applications for withdrawal of funds are processed manually, so employees of the financial department may not physically be able to cope with the volume of work);
the problem is related to the bank (often the broker's representatives process the application within 24 hours, but the bank does not accept the payment for certain reasons. In this case, you should contact the bank support service);
when creating an application for payment, the client specified an incorrect amount or details for receiving (the application will be rejected by the administration with the appropriate comment);
at the time of withdrawal, the user has not passed verification (in this case, the application will also be rejected. It is recommended to confirm the identity and provide all Required documents before replenishing the trading account).

The maximum allowable period for processing an application for withdrawal of funds is 10 banking days. Measures for the forced return of investments and profits received in the process of trading should be taken after the expiration of this period.

How to withdraw money from Forex brokers? If the broker does not withdraw money and begins to ignore the client's messages with questions about this, and also if the administration refuses to explain the reasons for rejecting the application or blocking the trading account, then you should file a complaint against the broker with the official regulatory organization that issued the company's license for the right to conduct such a commercial activities. The same application should be submitted to law enforcement agencies to initiate a criminal case under Article 177 of the Criminal Code of the Russian Federation. This is advisable only if the company has representative offices in Russia.

The application can be made in free form. The following documents will need to be attached to it:

Terms of use;
screenshots of correspondence with a company representative;
a transcript of phone calls from the operator (necessary to confirm ignoring the client's attempts to peacefully resolve the situation);
company registration data;
a receipt from the electronic payment system or an extract from the bank to confirm the fact of replenishment of the trading account;
screenshots of automatic letters from the broker to confirm the fact of registration.

If the broker deceived, then retaliatory measures should be taken without fail! It is important to understand that the investigation can drag on for many months. Law enforcement officers may require additional information, so it is recommended that you include your contact information in the application. After submitting a package of documents and considering them, the user has the right to demand that the prosecutor's office or the police provide a document confirming the fact that a criminal case has been opened against legal entity. A copy of it should be sent to the broker by e-mail. As practice shows, in 90% of cases, the client's account will be unblocked or the amount of replenishment will be transferred to the account in the EPS or to a bank card.

It is important to remember that in Russia there is a law on consumer rights, which allows the client / buyer to return the money spent on a low-quality product or service. In the case of Forex brokers or BOs, the basis for bringing the organization to administrative responsibility will be the company's failure to fulfill its obligations to the client. The application will need to indicate the clauses of the agreement violated by the broker.

The appeal to the regulator must be made in 2 languages: Russian and English. It will also need to indicate the clauses of the agreement that are ignored by the broker. The user will receive a response letter within 14 days. As measures to resolve the conflict, the regulator should issue an ultimatum:

Restore the client's access to the trading account and execute the request for profit payment. Otherwise, the company will be subject to a fine of 200,000 euros for non-fulfillment of obligations to customers.
Revoke the license in case of non-compliance with the requirements of the client.

One of the mentioned scenarios is possible only if the broker fails to prove his case.

Binary options regulators impose strict requirements on companies. The most well-known structure is CySEC - the Cyprus Securities Commission.

Broker tricks or how not to fall for a fraudulent broker

In order not to become another victim of fraudulent structures, it is recommended to pay attention to the following features when choosing a broker:

especially attractive conditions for cooperation with the company as an advertising partner;
quantitative predominance of negative feedback on cooperation with the company.

It is important to pay special attention to the conditions of affiliate programs. If the remuneration to the webmaster for attracting clients is calculated from the amount of account replenishment, then such a company should be ignored. The advertiser's fee must be based solely on commission fees.

Sometimes novice traders get so deep into the study of trading strategies, the choice of instruments and trading itself that they forget about some of the important nuances. In particular, about how they will withdraw the money earned on trading from the exchange. At the time of the start in trading, this moment seems not so important, because a beginner sometimes doubts that he will succeed at all, but with the advent of the first earnings, the issue becomes acute, and if you do not think over the decision in advance, you may encounter some difficulties. Let's find outand what methods are provided for this.

How to withdraw money from the exchange: how does it even work?

Let's start with the fact that the trader's money is not withdrawn directly from the exchange, but from the brokerage account. Therefore, the withdrawal rules are set by the broker whose services the trader uses.

Hence a simple conclusion - even at the stage of choosing a broker, a novice trader should pay attention not only to its reliability and terms of service, but also to the rules for withdrawing funds. It is important that these conditions are also convenient and suitable for the trader.

Fortunately today huge selection brokerage companies with a variety of conditions and tariffs. Moreover, a trader is not at all limited geographically - he can become a client of a broker he likes, even if there is no representative office in his area.

The conditions for withdrawing money from different brokers vary, but there are a few general rules:

It is impossible to withdraw money from a brokerage account that is actually not there;
For withdrawal, it is necessary to issue an appropriate order;
In accordance with tax legislation, 13% of personal income tax is withheld from the amount of profit (there are nuances for IIA owners, you can read about it here).

Now we will look at how to withdraw money from the exchange with some popular brokers.

Promsvyazbank

Promsvyazbank has enough simple procedure account opening and convenient withdrawal. Thus, it is possible to withdraw money directly through the QUIK trading platform. To do this, you need to submit a non-trading order directly in electronic form in the program itself. Given that the QUIK trading platform is used by 80% of traders, this withdrawal method is very convenient.

The second option for receiving funds is Internet banking. To withdraw in this way, it is necessary to place a trading order online on the Internet banking platform.

The third way is to issue an audio order by phone. Funds will be credited to the trader's personal account within 3 business days.

ITinvest

This broker provides for the withdrawal of money Personal Area. After submitting an online application for withdrawal, the funds are credited to the client's personal account within 2 days (counting the day the application was submitted if it was submitted before 15.00). The status of the application can be conveniently tracked in your personal account.

It is not allowed to issue a conclusion to a third party, with the exception of a notarized representative.

NETTRADER

This broker provides several withdrawal options. The first one is through the cash desk, but it is available only for traders from Moscow. In order to receive money in cash, it is necessary to submit an order for withdrawal in advance and arrive at the time of withdrawal to the company's office. In this case, you can receive money on the next business day.

An urgent withdrawal is also provided, in which the money can be received by the evening of the same day, or the next day if the order was submitted after 18.00.

It is also possible to withdraw to a bank account, online, through the client's personal account. At the same time, the withdrawal terms range from one to three business days, depending on the withdrawal conditions and the time of application.

BCS Broker

There are several possibilities for applying for withdrawal. This includes BCS-Online, the My Broker application, and the QUIK system. You can also submit an order by fax, by phone or in person at the company's office. Withdrawal terms are 1-2 working days, depending on the time of application.

What to remember as a trader

When thinking about how to withdraw funds from a brokerage account, it is important to remember some nuances even at the stage of choosing a broker.

Which method of withdrawing funds is the most convenient and profitable.
Some methods involve fees and some do not. In addition, in most cases, online transactions are more convenient and faster.
In what currency is the withdrawal expected.
For most brokers various conditions and terms of withdrawal of local and foreign currencies. Also, for foreign currency, an additional commission is sometimes provided.
Is there an urgent withdrawal option?
It can be useful, but not all brokers have it. In addition, the size of the additional commission for urgency also differs.

Besides, , there are still many questions and nuances that a beginner has to figure out in order to succeed in the trading path. You can learn about them by subscribing to our blog. Articles with the latest financial news and useful ones are regularly published here.

Active advertising gives the impression that the main thing is to make money, and withdrawing money from Forex brokers is not a particular problem: withdrawal is available to a bank account, plastic cards, and a dozen electronic payment systems. However, if the withdrawal method is chosen incorrectly, commissions, taxes and other payments can take a significant part of the profit.

On the Internet, there is often a scheme for using a Forex trading deposit as a means of converting currencies or legalizing, let's say, not quite legal income.

It is necessary to immediately warn everyone who wants to do this: accounts on which trading volumes are low or non-existent, but at the same time replenishment / withdrawal operations are actively going on, immediately fall into the category of unreliable and are transferred for control to the authorities for combating illegal money laundering.

At least this is what serious brokers regulated by the FSA, FCA, MiFID do. For the official account holder, at best, everything can end with a blockage with confiscation of the current amount, at worst, with criminal prosecution.

The first step before you start withdrawing money from Forex brokers is to choose an approach to withdrawing profits.

The most common schemes are:

The withdrawal begins after earning a certain percentage of the original deposit. The easiest way, recommended for beginners. The desired percentage is determined, usually no more than 5-10% per month, and trading begins with strict adherence trading strategy and money management system.
Withdrawal after reaching the specified amount in the deposit currency. Despite the fact that outwardly it looks more attractive than percentages, this method is not recommended for beginners. The race for cash can lead to a risky overestimation of the average transaction volume and an increase in leverage, which, with a lack of experience, can lead to disastrous results.
Getting profit at the end of the month. The best option for automatic advisors, medium and long-term strategies. Positions opened for a period of several days may have periods of rather deep drawdowns, and if a withdrawal is made at this moment, the remaining free funds may not be enough to support them, a margin call situation may occur with forced closure and loss of the entire deposit.

The situation is the same with trading advisors, especially grid ones and those working according to the Martingale strategy.
Now let's go directly to the withdrawal methods, the list of which on the brokers' websites is very impressive.

But if you look, then only four are most suitable for Russian-speaking traders.

Bank transfer via SWIFT system

Suitable for withdrawing large amounts that exceed the limits of electronic wallets or when closing a deposit. This causes the following problems:

if the currency of the deposit and withdrawal requests differ, the broker converts them. For example, an account in rubles, and we want to withdraw dollars from Forex - the internal rate may be unprofitable in relation to the market one. The bank will also take its own interest for issuing in national currency, and the total amount of losses can be at the level of 10-15%;
SWIFT transfer rules require a clear indication of the purpose of the payment. If in the country where the trader is located, Forex arbitrage trading is prohibited or equated to gambling, a tax at an increased rate (from 30%) may be levied.

Electronic payment systems

The most popular system is WebMoney, present in all reputable brokers such as LiteForex. For traders from the Russian Federation, Yandex.Money and QIWI can be convenient. Other systems, such as Skrill, are hardly used - serious requirements for personal data and high interest rates at exchange offices.

Foreign plastic cards

Usually from Payoneer, used by freelancers to receive payment without attracting the attention of the fiscal authorities. The cards are no different from bank MasterCards, some brokers may offer them under their own logo, in which case the withdrawal procedure takes no more than an hour.

Cryptocurrencies

The fastest growing way to withdraw money from Forex brokers. Complete anonymity, payments are made according to the "sender-receiver" scheme, without any intermediaries. Cryptocurrency can be paid directly for goods and services or exchanged for "real" money. Their cost is constantly growing and there is an opportunity to receive passive investment income.

To withdraw large amounts using the listed methods, in addition to cryptocurrencies, you must go through confirmation of personal data or verification.

This process can take up to two weeks, so prepare and send the necessary documents before you start trading.
Regarding the taxation of income received, it must be remembered that, as a rule, the trader pays the mandatory payments, and not the forex broker.

Withdrawals with automatic tax withholding are only made if the client and the licensed broker are in the same jurisdiction.

For some brokers, the withdrawal may be limited only by the way in which the account was replenished for the first time. Previously, this was a problem, but now all reliable brokers, such as LiteForex, are pursuing a more flexible policy and it is enough to contact the support service with a corresponding request.

Today, Forex is gaining more and more popularity, and this is explained by the fact that there is a real chance to earn decent amounts of money on this exchange. And if you have already earned, then you have probably already decided how to spend it. Many people think about how to withdraw funds from Forex, while paying the minimum commission. Now we will figure out how to withdraw money from Forex using brokers.

To begin with, you need to remember some nuances.

Dependence of replenishment and withdrawal of money

Almost all brokers do not allow you to withdraw funds in a way that you didn’t replenish your account. This point is especially true for those who have not earned anything. From the outside, it looks like a person simply exchanged funds and withdrew them. Therefore, many brokers refuse to withdraw and offer to withdraw funds in the same way that they replenished.

Deposit and withdrawal of funds by a third party

On Forex, it is forbidden to replenish an account and withdraw money in the name of a third party. Such activity raises certain suspicions. Operators may call you back before withdrawing or cancel the transfer altogether.

At the moment, there are a huge number of ways to withdraw money. We will look at the most common ones.

Broker withdrawal of money to a bank card or account

The player has the opportunity to withdraw funds to a personal account or card. But keep in mind that brokers in the description of the payment may indicate that this is your earnings. This comment will create problems when withdrawing money - the payment will simply freeze.

In the best case, a bank employee will call you back with a request that you contact the broker and he changed the wording. It is important that she does not indicate that you are a private entrepreneur. At this method There is one important advantage - a small commission.

Withdraw to Payoneer

This is a US debit card. That is, roughly speaking, you open your personal account in the United States. Registration is completely free. After registration, your personal account opens in Russian. But for the activation of the card, a certain commission is withdrawn.

I would like to note that the commission on the card is not the most pleasant, but you can cash out in any country and at any ATM. In addition, you can pay by card in stores. Money is transferred to your currency according to the tariffs of the recipient's bank.

WebMoney

This is very convenient way withdrawal of money. It is very easy to withdraw dollars from Forex from it. To do this, you need to create a dollar wallet. But it is better to follow all safety rules. Namely, to secure the entrance and not to keep a large sum on the account. When withdrawing funds, a small commission is withdrawn. And as a rule, there are no problems with brokers. You need to link a card of any bank to the wallet, and then withdraw all funds to it. Money comes to the credit card almost immediately.

In addition, there are other ways to withdraw money from WebMoney.

Conclusion to the webmoney card.
Withdrawal to bank accounts or other electronic wallets.
Exchangers. But with this method of exchange, you must pay a large commission. In addition, exchangers can transfer information to the tax service.

This method of withdrawing money has the most advantages, although the commission can bite when withdrawing a large amount.

LiqPay

It's good and reliable way withdrawal of money. At the same time, funds are received very quickly and the lowest commission is withdrawn.

Yandex money

Yandex money goes along with webmoney. But this payment system has a fairly large commission. Withdrawals can be delayed up to 3 days.

Moneybookers/Skrill

It is easy to withdraw money if it is a small amount. When withdrawing a large amount, employees have many questions. The process of withdrawing money is delayed.

RBKmoney

RBKmoney - very a complex system withdrawal of money. Lots of restrictions.

Paying taxes

Many are tax evaders. Like, no one taught me and the risk of losing money is very high, which means I don’t have to pay anything. Naturally, you can quite successfully evade paying taxes. This is easiest to do if the payments are small and the withdrawal of money is quite rare. But if Forex is the only source of income, then it is better to pay all the necessary duties and taxes.

Tax payment methods

Before paying tax, ask if your broker pays taxes for you or if you need to pay them yourself. If he does this instead of you, then the amount minus tax will be credited to your account.

When is it necessary to pay taxes:

If the money is credited to a bank card marked "Forex". In this situation, it is better to contact an accountant. He will tell you how in your case you can reduce the percentage of tax payments. After all, in Ukraine and Russia it fluctuates within 15%.
If you are registered as a private or individual entrepreneur. You can register any company. Through the Internet it is extremely difficult to determine exactly how you earn money.
If the money comes in all the time.
If large sums of money come.

When you can not pay taxes:

If the broker pays instead of you. In this situation, of course, you do not need to pay anything. Otherwise, the tax office will receive double payment.
If the money comes only to electronic wallets, and you do not withdraw them through the bank.
If you can document that you did not make a profit for the year, and even suffered losses.
If you keep your money in third-party bank accounts. For example, a Swiss bank account.
If you transfer money to your bank account, but the amounts are not significant. It is also necessary to clarify whether they report to the tax service on your income.

Please note that the withdrawal comment should not hint or mention the withdrawal of funds from Forex.

As you can see, there are a lot of ways to withdraw money. You just have to choose the most convenient way for you. Pay attention to the terms of payment of money, as well as the commission when withdrawing funds. Whether to pay taxes is up to you. After all, the tax amount is very decent, but by paying all the interest you will ensure yourself a clear conscience and normal sleep.

Often, imaginary difficulties in input and withdrawing money from a broker become an obstacle for novice investors and stock market traders.

In today's article from the series on choosing a broker, we will try to consider the most important criteria regarding the process of depositing money and withdrawing it. They should be clarified before you bring funds there. As usual, we have prepared a video on this topic, which you can watch below:

1. Open an account in your name

First of all, you need to know that you can deposit and withdraw money from a broker only using the details that are issued to the same person to whom your trading account is opened.

Therefore, open a brokerage account for yourself if you plan to deposit and withdraw funds from personal bank accounts.

Legal entities (companies)

If you opened a trading account with a broker in the name of a company (legal entity), then the rule described above applies to you too!

You will be able to deposit money only from the company's current account to the broker's account, and also withdraw money only to the account opened for the company.

2. Possibility to receive confirmation of a brokerage account

Sometimes, when transferring funds, your bank may require you to the confirmation that you really have a brokerage account to which you are making the transfer.

In such a situation, it will be important whether your broker provides such confirmation, in what form and how quickly? Specify the moment in advance.

For example, for some services, this document can only be obtained by corresponding with the technical support service by e-mail, which takes a decent amount of time. Especially if the confirmation sent did not suit the bank in form, and you have to ask the broker again to make changes to the document in accordance with the requirements of your bank and wait for the corrected version.

On the other hand, for some brokers, the process of obtaining such confirmation is fully established and practically automated. You enter your personal account on the site, apply using a button or link, or a form, and the document you need comes to your email almost instantly.

3. Restrictions on the minimum amount of deposit and withdrawal of money

We sorted out the various and touched on the moment in that article. Find out what are the conditions for depositing and withdrawing money from the broker, are there minimum and maximum thresholds, what are the commissions for these operations?

You should also find out if there are conditions for the balance on your account - support for a trading account.

You need to know that if you withdraw the entire amount, then after a certain period of “inactivity” on your account and a zero balance (or a balance below the minimum), the broker can close it. The terms of “inactivity” may differ for different brokers (30,45,60,90 days, etc.).

4. Ability to transfer different currencies

An additional advantage for you may be the ability to transfer money from a broker in your currency. For example, a brokerage interactiveBrokers provides such an opportunity. If you live in Russia, for example, you can deposit rubles into your account and exchange them for dollars on the service platform itself.

In this case, there are the following advantages in such a situation:

You pay a lower commission, since ruble transfers in Russian banks are cheaper than foreign currency ones - from 10 rubles per transfer.

You do not lose money on unfavorable intra-bank conversion from rubles to dollars.

You exchange rubles for dollars at the interbank rate on the broker's trading platform.

In this example, instead of rubles, there may be another currency. It all depends on your jurisdiction.

5. Ability to withdraw money from a broker to accounts in other countries

If you travel frequently, you have opened bank accounts in several countries, then the ability to withdraw money to any of them will be an additional advantage for you. Not all brokers allow you to do this.

6. Availability of debit cards of the broker itself

Some brokers allow you to get their own debit card, which you can use just like a regular one. bank card. It can also be an added convenience for you.

So far, few brokerage companies issue their own cards, since for such activities they need an additional banking license. But it is worth clarifying this point.

To summarize: before opening a brokerage account, check the points described above in those. support regarding the conditions and features of depositing and withdrawing money from a broker.

What other criteria do you know about the topic of this article? Write them in the comments below. Share this article on social media. networks with your followers and friends, as well as rate its content (5 stars above the comment block).