The purpose of an online trading platform is to help you make money.
However, for the platform to make money, you have to make a deposit.
If you have done your research, you already know that Olymp Trade has no transaction fee.
But you might be wondering how to withdraw money from Olymp Trade.
This article will explain how to withdraw money from Olymp Trade and answer some questions you might have.
Opening an Olymp Trade Account
To withdraw funds from your trading account, you first need to open one. If you’re new to investing, you can sign up with an institution that offers online trading services.
Registering an account is usually easy. You just need to provide some basic personal information, such as your name, email address, country of residence, and phone number. You may also need to provide proof of your identity, such as a photo ID or passport.
Once you’ve registered your account, you’ll need to fund it by making a deposit. You can do this with a credit or debit card, bank transfer, or another method supported by the institution.
Understanding the Payment Options
Before you can withdraw money from your trading account, you must first choose a withdrawal method.
The broker offers several convenient payout services, including:
- Bank wire transfers
- E-wallets like Skrill and Neteller
- Credit cards and debit cards
You should first choose the most convenient payment method for you.
Setting Up Your Payment Method
After choosing your withdrawal method, you can start filling out the form. The form will ask for:
- Card information: You will need to provide your card’s number, the expiration date, and the CVV.
- Neteller account: Enter your email and password.
- Skrill account: Enter your email address and your password.
- WebMoney: Provide your e-mail address and WMID.
- Perfect Money: Provide your e-mail, password, account number, and IBAN.
- Bitcoin wallet address: Enter the address to which you want to withdraw funds.
Choosing Your Withdrawal Method
When it comes to withdrawal methods, you have two options: a bank card and a bank transfer.
First, you must log in to your account.
Next, select “Finance” in the menu on the left.
Then, click the “Withdraw” button.
On the next page, you will see your funds available for withdrawal.
Entering Withdrawal Information
The next step is to enter the withdrawal information. This is where you specify the amount you want to withdraw, the payment method, and the address where you want to receive your funds.
Enter your email address and phone number. Save the changes.
Confirming Your Withdrawal
After submitting the request, you will receive an email from OLYMP TRADE with a link to the withdrawal form.
The link will expire after 24 hours, and you will have to resubmit the form.
Processing Your Withdrawal
After submitting your request, your withdrawal will be processed within 24 hours.
Once your account is credited with the funds, they will appear in your wallet.
Troubleshooting Withdrawal Problems
If you encounter a problem while withdrawing your funds, reach out to the OlympTrade support team for assistance. The live chat feature is available 24 hours a day, seven days a week.
Instead, sign up for a free demo with OLYMP TRADE and test their platform out for yourself.
We hope this guides was off assistance for how to withdraw money from olymp trade.