Overall, the M4Markets withdrawal process for their 3 live trading accounts namely their Standard account, Raw account, and Premium account is relatively easy.
M4Markets at a glance
|📅 Year Founded||2019|
|⚖️ Regulating Authorities||FSA|
|🌐 Countries not accepted for trade||United States, Canada, Iran, Cuba, Sudan, North Korea|
|☪️ Islamic account (swap-free)||Yes|
|👍 Demo Account||Yes|
|📊 Institutional Accounts||Yes|
|📊 Managed Accounts||Yes|
|📈 Maximum Leverage||1:1000|
|💰 Minimum Deposit||$5/R80|
|💳 Deposit Options||Fasapay, Skrill, Neteller, UnionPay, Local Wire Solutions, Bank Wire Transfer|
|💳 Withdrawal Options||Fasapay, Skrill, Neteller, UnionPay, Local Wire Solutions, Bank Wire Transfer|
|💻 Platform Types||MetaTrader 4, MetaTrader 5|
|📱 OS Compatibility||Windows, Linux, MacOS, Android, iOS|
|📈 Tradable assets offered||Forex, commodities, indices|
|👨💼 Languages supported on Website||English, Chinese (Traditional), Chinese (Simplified), Italian, Indonesian, Malaysian, Thai, Vietnamese, Spanish, Portuguese|
|👥 Customer Support Languages||Multilingual|
|📆 Customer Service Hours||24/5|
|👉 Open account||Click Here|
M4Markets Withdrawal Process – 6 Key Point Quick Overview Revealed (2022):
- ☑️ M4Markets at a glance
- ☑️ M4Markets withdrawal process Pros and Cons
- ☑️ M4Markets withdrawal process introduction
- The withdrawal process step by step
- When you can cancel a withdrawal request
- Frequently asked questions
M4Markets withdrawal process Pros and Cons
|✔️ Pros||❌ Cons|
|Easy steps to withdrawal||None|
M4Markets withdrawal process introduction
|➕ Deposit options||💰 Minimum Amount||💱 Base currency||💰 Fees||⏲️ Processing time|
|💳 Bank wire||100||USD, EUR, GBP||Free|
|💳 FasaPay||R80 ZAR / 5 USD||USD, IDR||Free||Instant|
|💳 Skrill||R80 ZAR / 5 USD||USD||Free||Instant|
|💳 Neteller||R80 ZAR / 5 USD||USD||Free||Instant|
|💳 Local online banking||R240 ZAR / 15 USD||MYR, IDR, VND, THB, ZAR, NGN, TZS, KES, UGX, BIF, XAF, KHR, LAK, MMK, PHP||Free|
|💳 Perfect Money||R160 ZAR / 10 USD||EUR, USD||Free||Instant|
|💳 PayRedeem||50 USD, 50 EUR, 5000 JPY||USD, EUR||Free||Instant|
|💳 StickPay||R80 ZAR / 5 USD||USD, EUR, JPY||Free||Instant|
|💳 Bitwallet||R800 ZAR / 50 USD||USD, EUR, JPY||Free||Instant|
|💳 Pay Retailers||R80 ZAR / 5 USD||ARS, BRL, CLP, COP, USD, MXN, PEN, GTQ||Free||Instant|
|💳 UnionPay||R250 ZAR / 100 CNY||CNY||Free||Instant|
|💳 Local Depositor||R80 ZAR / 5 USD||USD, MYR, IDR||Free||Instant|
|➖ Withdrawal options||💰 Minimum Amount||💱 Base currency||💰 Fees||⏲️ Processing time|
|💳 Bankwire||USD, MYR, IDR||USD, EUR, GBP||Free||1 Business Day|
|💳 FasaPay||R160 ZAR / 10 USD||USD, IDR||Free||1 Business Day|
|💳 Skrill||R160 ZAR / 10 USD||USD||Free||1 Business Day|
|💳 Neteller||R160 ZAR / 10 USD||USD||Free||1 Business Day|
|💳 Local online banking||R240 ZAR / 15 USD||MYR, IDR, VND, THB, ZAR, NGN, TZS, KES, UGX, BIF, XAF, KHR, LAK, MMK, PHP||Free||1 Business Day|
|💳 Perfect Money||R160 ZAR / 10 USD||EUR, USD||Free||1 Business Day|
|💳 PayRedeem||R160 ZAR / 10 USD||USD, EUR, JPY||Free||1 Business Day|
|💳 StickPay||R160 ZAR / 10 USD||USD||Free||1 Business Day|
|💳 Bitwallet||R800 ZAR / 50 USD||USD||Free||1 Business Day|
|💳 Pay Retailers||R160 ZAR / 10 USD||USD||Free||1 Business Day|
|💳 UnionPay||R250 ZAR / 100 CNY||CNY||Free||1 Business Day|
|💳 Local Depositor||R80 ZAR / 5 USD||USD, MYR, IDR||Free||Instant|
Traders on M4Markets have access to a variety of payment options that may be used to deposit or withdraw funds. It is possible to withdraw funds using the same techniques that were used to deposit money.
M4Markets exclusively handles withdrawals to the original deposit source. The processing of each withdrawal request will normally take one business day. Although traders can deposit money in any currency, it will all be converted to the account’s currency. The base account currency offered by the broker is EUR, USD, GBP, and JPY.
Due to its regulation by Seychelles’ FSA, M4Markets is not permitted to take deposits from or withdrawals from third parties. Only your personal account may be used for deposits, and withdrawals must be made from that same account.
The typical processing time for withdrawal requests is one working day. Your country of residence and the chosen payment method will determine when you see the money in your bank account.
Additionally, traders can ask for an internal transfer between their trading accounts, but only if both accounts were created using the same M4Markets profile or account. It will be automatically converted if the base currency is different. In your Client Portal, you can request internal transfers.
When you pay using an e-wallet, the money is credited to your account right away. When you pay with a bank transfer, it typically takes 3-5 business days.
The withdrawal process step by step
Clients of M4Markets can access all their funding and withdrawal information directly from their Client Portal. From here they manage their account efficiently and effectively.
- To withdraw funds, clients have to log into their Client Portal and select the Withdraw tab.
- To complete the withdrawal process, merely enter the correct amount of funds you wish to withdraw in the space provided on the site.
- Clicking on the Request Withdrawal will confirm your request.
If you get an error message, you should get in touch with customer care right once to check if you can still cancel the withdrawal request.
Transactions that have already been processed cannot be canceled or reversed due to the protocols used for digital money. The need of providing accurate information is increased by the possibility that incorrect information could result in a permanent loss of revenue.
When you can cancel a withdrawal request
You are able to cancel a Withdrawal Request while it still has the status of Waiting Info or Waiting Approval by going to the Withdraw section on your account. In order to do this, locate the Withdrawal Request that you would like to cancel and select Cancel on the Actions section.
If you are happy to proceed, select Cancel Withdraw on the prompt shown on screen and your withdrawal will be canceled immediately.
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Frequently asked questions
What withdrawal methods are currently available with M4Markets?
- Perfect Money
- Pay Retailers
- Bank Wire Transfer
- Online payment solutions
- Local online banking
What are the minimum and maximum withdrawal limits for M4Markets?
There is a minimum amount per deposit/withdrawal based on your account type and payment method. For more details, please refer to the Deposits & Withdrawals links on the broker’s website.
Featured SA Shares Writer and Forex Analyst.