CM Trading Fund Withdrawal Process
Overall, CM Trading offers a simple fund withdrawal process with many withdrawal methods. Their spread is super low compared to other FSCA-regulated brokers, there are no hidden trading fees, and commission with a Premium account is very straightforward.
- Lesche Duvenage
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Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
Min Deposit
USD100
Regulators
FSA
Trading Desk
Metatrader 4
Crypto
Yes
Total Pairs
154
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
CM Trading Fund Withdrawal Process – 6 key points quick overview:
How to Withdraw Funds Step by Step
👉 Botswana traders who want to withdraw funds from their CM Trading account can follow the following few steps:
➡️ Botswana traders can log into their account with CM Trading by visiting the official website and clicking on the “Accounts” tab.
➡️ From the menu that drops down on the right side of the screen, choose the option that says “Withdrawal.”
➡️ To submit the withdrawal request, Botswanans must first complete the form and then click the “Request a withdrawal” button at the bottom of the page.
➡️ Botswana traders should anticipate hearing from the Finance Department of CM Trading by email to initiate the withdrawal process within twenty-four hours of filing their request.
➡️ If traders try to withdraw money but are unable to do so, they should make sure that the same payment method was utilized when they first deposited the funds into their account.
Detailed Withdrawal Information for Traders
👉 The finance department will process the withdrawal request and transmit the funds to the designated withdrawal method within three business days of receiving the withdrawal request.
👉 Traders can expect a lengthier amount of time for their bank to process deposited funds. Depending on how fast your financial institution processes the transaction, bank wire transfers and credit card transactions may add three to seven business days.
👉 Botswanans should be informed that CM Trading has no control over internal restrictions and is unable to expedite processing times.
CM Trading Deposit Currencies, Deposit and Withdrawal Processing Time
💸 Payment Method | 💵 Deposit Currencies | 💰 Deposit Processing | 💳 Withdrawal Processing |
Bank wire transfer | USD, EUR, ZAR, NGN, KES | 2 to 5 working days | 2 to 10 working days |
OZOW | ZAR | Instant | 2 to 10 working days |
Electronic Fund Transfer (EFT) | ZAR | Instant | – |
Skrill | USD, EUR | Instant | Instant |
Neteller | USD, EUR | Instant | Instant |
Credit Card | USD, EUR | Instant | 2 to 10 working days |
Debit Card | USD, EUR | Instant | 2 to 10 working days |
M-Pesa | KES | Instant | Instant |
Local Mobile Money | USD, EUR, NGN, KES | Instant | Instant |
Cryptocurrencies | All major crypto | Instant | Instant |
Fund Withdrawal Terms and Conditions
👉 Anti-Money Laundering (AML) procedures are carefully implemented at CM Trading. Botswanans must note that the method used during deposits will be used for the withdrawal.
👉 For example, withdrawals made using a credit or debit card are restricted to the amount first deposited with that card.
👉 Profits can be withdrawn through bank transfer, electronic wallet, or cryptocurrency if the original investment was made using the same method. Botswana traders must note that they cannot withdraw their gains using a debit or credit card.
CM Trading Pros and Cons
✔️ Pros | ❌ Cons |
Botswanans have access to several instant withdrawal options | Withdrawal fees are charged |
CM Trading has a quick withdrawal process | Botswanans cannot withdraw funds in BWP |
There are flexible withdrawal methods offered that are reliable and secure |
CM Trading Final Verdict
👉 Overall, CM Trading is very competitive in terms of its trading fees and spreads.
FAQ
Can I withdraw my deposit bonus from CM Trading?
You cannot withdraw any bonus credit as it is not real cash. Any bonus given to a trader typically contains trading credit that can only be used for trading. However, profits made on these bonuses can often be withdrawn once you fulfil the trading volume requirements.
How long does it take for CM Trading to process my withdrawal?
CM Trading processes withdrawals once they are received within business hours. However, the processing time to return funds to your account might take longer.
Can I cancel my withdrawal with CM Trading?
Yes, you can cancel your withdrawal within the client portal and your “Withdrawal History” section on the website.
Do I pay withdrawal fees when I remove funds from a CM Trading account?
Yes, CM Trading charges withdrawal fees on several payment methods.
Can I withdraw from CM Trading using PayPal?
You cannot withdraw funds using PayPal, as it is not a supported payment method.
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.