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AvaTrade Fund Withdrawal Step by Step
Overall, AvaTrade offers a simple Fund Withdrawal process for Botswana Traders. AvaTrade offers just one kind of retail trading account, which can be upgraded to a Professional Account, if traders meet the criteria, or converted to an Islamic Trading Account. Avatrade has a Trust Score of 93% out of 100.
- Lesche Duvenage
Jump to:
Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.9/5
Min Deposit
$100 / 1 342 BWP
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
AvaTrade at a Glance
| 🏛 Headquartered | Dublin, Ireland |
| 🌎 Global Offices | Australia, Ireland, South Africa, Japan, British Virgin Islands, UAE |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2006 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Twitter • YouTube |
| ⚖️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 1️⃣ Tier-1 Licenses | • Central Bank of Ireland (CBI) • Australian Securities and Investment • Commission (ASIC) • Japanese Financial Services Authority (JFSA) • Financial Futures Association of Japan (FFAJ) • Investment Industry Regulatory Organization of Canada (IIROC) through Friedberg Mercantile |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange • Commission (CySEC) Financial Sector • Conduct Authority (FSCA) Israel Securities • Authority (ISA) • Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FRSA) • Polish Financial Supervision Authority (KNF) |
| 3️⃣ Tier-3 Licenses | • British Virgin Islands Financial Service Commission (BVI FSC) |
| 🪪 License Number | • Ireland (C53877) • Australia (406684) • South Africa (45984) • British Virgin Islands (SIBA/L/13/1049) • Japan (JFSA 1662, FFAJ 1574) • Abu Dhabi (190018) • Cyprus (247/17) • Israel (514666577) • Poland (693023) • Canada (Friedberg Mercantile) |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Regional Restrictions | Iran, Belgium, and the United States |
| ☪️ Islamic Account | No |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 1 (Retail and Professional Option) |
| ✔️ PAMM Accounts | No, MAM |
| 💻 Liquidity Providers | Currenex, and other bank and non-bank entities |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Instant |
| 📊 Starting spread | From 0.9 pips |
| 📉 Minimum Commission per Trade | No Commission Charges |
| 💰 Decimal Pricing | 5 points after the comma |
| 📞 Margin Call | 50% on Retail, 25% on AvaOptions Accounts |
| 🛑 Stop-Out | 10% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | • 1:30 (Retail) • 1:400 (Pro) |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 1370 Botswanan Pula or an equivalent to $100 |
| ✔️ Botswana Pula Deposits Allowed? | No |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based AvaTrade customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Wire Transfer • Electronic Payment • Gateways • Credit Cards • Debit Cards |
| 💻 Minimum Withdrawal Time | 24 to 48 Hours |
| ⏰ Maximum Estimated Withdrawal Time | Up to 10 days |
| 💳 Instant Deposits and Instant Withdrawals? | No |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • AvaTradeGO • AvaOptions • AvaSocial • MetaTrader 4 • MetaTrader 5 • DupliTrade • ZuluTrade |
| 💻 Tradable Assets | • Forex • Stocks • Commodities • Cryptocurrencies • Treasuries • Bonds • Indices • Exchange-Traded • Funds (ETFs) • Options • Contracts for • Difference (CFDs) • Precious Metals |
| ✔️ Offers USD/BWP currency pair? | No |
| 🚀Service description | financial instruments and multiple trading platforms, operating since 2006. |
| 💰 Bonus 20% | welcome bonus accordengly to regulation |
| 📊 USD/BWP Average Spread | N/A |
| ✅ Offers Botswana Stocks and CFDs | No |
| 📊 Average deposit/withdraw processing time | Depends on the method used. – CC and e-payments is immediate. Bank wire can take up to 7 business days depending on the banking institution |
| 🔎 Banned countries | US, North Korea, New Zealand, Iran, Belgium |
| 💻 Languages supported on the Website | English, Chinese (Simplified), Chinese (Traditional), Turkish, Thai, Slovakian, Russian, Portuguese, Polish, German, Hungarian, French, and several others |
| 📈 Related lot sizes | Standard, Mini and Micro lots size |
| 👥 Sponsorship | Currently with Bolt |
| ✴️ Instruments offered | 800+ |
| ✴️ Instruments | Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds |
| ✴️ Total offered per instrument | CFD – Agricultural =7 CFD – Crypto = 20 CFD – EFTs = 60 CFD – Energies = 5 CFD – Indices = 32 CFD – Metals = 7 CFD – Shares = 623 Forex = 55 GRAND Total = 809 |
| ☎️ Customer Support Languages | Multilingual |
| 📈 Account Types | Real Account, Demo Account, Islamic Account. Options Account |
| 📈 Demo Account Description | Free Demo Accounts with $100,000. No limitations on the number of demo accounts. 21 days limitation |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | No |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswanan beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is AvaTrade a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for AvaTrade Botswana | 9/10 |
| 🥇 Trust score for AvaTrade Botswana | 93% |
| 👉 Open Account | 👉 Open Account |
How to Withdraw AvaTrade Funds Step by Step
Botswana traders who want to withdraw funds from the trading account can follow these few steps:
STEP 1: LOG IN
Log into your trading account with your email address and password.
Once logged in, go to the withdrawal section.
STEP 2: FILL OUT
Fill out an online withdrawal form through your account.
Your withdrawal will be processed within the next 24 business hours. In order to complete your withdrawal, your account must be fully verified.
AvaTrade Fund Withdrawal Terms and Conditions
To withdraw funds from your AvaTrade account, your account must be authenticated and confirmed. The regulatory organizations demand that your identity and account be verified, and AvaTrade is obligated to rigorously adhere to the KYC or Know Your Customer procedure.
What are the terms and conditions for withdrawing funds from my AvaTrade trading account?
Bank transfers, for instance, may take longer compared to electronic payment systems. While AvaTrade aims to expedite withdrawal requests, additional time may be needed for verification purposes. Fees and Charges: AvaTrade typically does not impose fees on withdrawals from trading accounts.
However, traders should be aware that their selected payment provider or bank may have its own fees for processing withdrawals. It’s essential to clarify any potential charges with the respective financial institution. Account Balance: Traders must ensure that their account balance covers the withdrawal amount, any applicable fees, and any open positions that require margin. Withdrawing more than the available balance may result in margin calls.
Are there any restrictions on the frequency or amount of withdrawals from an AvaTrade trading account?
Minimum Withdrawal Amount: AvaTrade may specify a minimum withdrawal amount that traders must meet to initiate a withdrawal. This minimum amount can differ depending on the chosen withdrawal method.
Although AvaTrade aims for efficient processing, certain methods, such as bank transfers, might involve longer processing times.
AvaTrade Detailed Withdrawal Information for Traders
AvaTrade offers the following deposit and withdrawal methods:
➡️ Bank Wire Transfer
➡️ Credit/Debit Card
➡️ PayPal
➡️ WebMoney
➡️ Neteller
➡️ Skrill
AvaTrade has worked diligently to develop efficient and improved procedures to guarantee that all withdrawals and deposits from traders are processed as fast and securely as possible.
As a registered broker, AvaTrade complies with the regulatory bodies’ tight requirements, therefore ensuring all traders’ dependability, convenience, and security when depositing or withdrawing funds.
AvaTrade Payment Method and Processing Times on Deposits and Withdrawals
| 💵 Payment Method | 💰 Deposit Processing | 🔃 Withdrawal Processing | 💻 Payment Method |
| Bank Wire Transfer | Up to 10 days | Up to 10 days | Bank Wire Transfer |
| Credit/Debit Card | 24 – 48 Hours | 24 – 48 hours | Credit/Debit Card |
| PayPal | 24 – 48 Hours | 24 – 48 hours | PayPal |
| WebMoney | 24 – 48 Hours | 24 – 48 hours | WebMoney |
| Neteller | 24 – 48 Hours | 24 – 48 hours | Neteller |
Where can I find AvaTrade’s detailed withdrawal information for my trading account?
Detailed withdrawal information for your AvaTrade trading account is readily available on the broker’s official website. You can easily access this information by logging into your AvaTrade account and navigating to the designated “Withdrawal” or “Funding” section.
Does AvaTrade charge any fees for withdrawals, and how can I confirm the fees associated with my withdrawal request?
AvaTrade typically does not impose fees on withdrawals from trading accounts. However, it’s essential to be aware that your chosen payment provider or bank may have its own fees for processing withdrawals.
AvaTrade Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| AvaTrade can be trusted with client funds and provides investor protection in case of bankruptcy | The withdrawal process can be long when Botswanans use bank wire |
| There are a few reliable payment methods offered for withdrawals | |
| AvaTrade does not apply any withdrawal fees on any payment method | |
| There is a prompt processing time tied to every withdrawal request |
Verdict on AvaTrade
Overall, AvaTrade is very competitive in terms of its trading fees and spreads.
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Conclusion
Now it is your turn to participate:
Do you have any prior experience?
What was the determining factor in your decision to engage?
Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
Have you experienced any issues such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below
Frequently Asked Questions
Can I withdraw my funds from an AvaTrade account with PayPal?
Yes, you can use PayPal to withdraw funds from an AvaTrade account.
How can I make a withdrawal request to AvaTrade?
You must have a validated trading account funded with enough free margin to make a withdrawal request.
You can log into the account, go to the deposit and withdrawal section, and click on the withdrawal option. You must complete the withdrawal request and submit it to AvaTrade for the withdrawal process to begin.
How long does AvaTrade’s withdrawal process take?
This will depend on the method that you used for your withdrawal. The shortest time is 24 hours, and the longest is 10 days.
Which methods can I use to make a withdrawal from AvaTrade?
You can use any of the following withdrawal methods:
- Bank Wire Transfer
- Credit/Debit Card
- PayPal
- WebMoney
- Neteller
- Skrill
Can I withdraw my bonus from AvaTrade?
You cannot withdraw the referral or welcome bonus until you have fulfilled the requirements per the bonus terms and conditions.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
