Your first withdrawal: what was the process actually like?

Withdrawing for the first time usually triggers extra identity checks, and many new traders find out their broker's withdrawal process is slower than its deposit process.

Your first withdrawal: what was the process actually like? — bid-ask spread diagram
The bid-ask spread on a currency pair

If you've done it:

  • how long from request to money in your account?
  • what documents or checks were requested?
  • did the broker require withdrawing by the same method you deposited?
Your first withdrawal: what was the process actually like? — risk-reward diagram
A risk-reward ratio of 1 to 2

First-hand timelines help everyone. The withdrawals and KYC guide explains why brokers ask for what they do.

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