Exness Review
Exness Fund Withdrawal Step by Step
Overall, Exness offers a simple Fund Withdrawal process for Botswana Traders. Exness is considered a trustworthy and regulated CMA broker that offers 0% deposit and withdrawal fee and a low spread offered to first-time traders. It has a trust score of 98% out of 100.
- Louis Schoeman
Jump to:
Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
Exness at a Glance
| 🏛 Headquartered | Cyprus |
| 🌎 Global Offices | South Africa, Cyprus, United Kingdom, Seychelles |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2008 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Facebook • YouTube |
| ⚖️ Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA |
| 1️⃣ Tier-1 Licenses | Financial Conduct Authority (FCA) |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange Commission (CySEC) • Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | • Financial Services Authority (FSA) Seychelles • Financial Services Commission of the British Virgin Islands (FSC BVI) • Financial Services Commission (FSC) Mauritius • Central Bank of Curaçao and Sint Maarten (CBCS) |
| 🪪 License Number | • Seychelles – SD025 • Curaçao – 0003LSI • British Virgin Islands – SIBA/L/20/1133 • Mauritius – GB20025294 • South Africa – FSP 51024 • Cyprus – 178/12 • United Kingdom – 730729 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | None |
| ✔️ Regional Restrictions | The United States |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 5 |
| ✔️ PAMM Accounts | No |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market |
| 📊 Starting spread | 0.0 pips EUR/USD |
| 📉 Minimum Commission per Trade | From $0.1 per side, per lot |
| 💰 Decimal Pricing | 5th decimal pricing after the comma |
| 📞 Margin Call | 60% |
| 🛑 Stop-Out | 0% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | Unlimited |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 188 or an equivalent to $10 |
| ✔️ Botswana Pula Deposits Allowed? | Yes |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based Exness customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Debit Card • Credit Card • Internet Banking • Skrill • Neteller • Bank Wire |
| 💻 Minimum Withdrawal Time | Instant |
| ⏰ Maximum Estimated Withdrawal Time | Up to 72 hours |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • MetaTrader 4 • MetaTrader 5 • Terminal • Trader app |
| 💻 Tradable Assets | • Forex • Metals • Energies • Indices • Stocks |
| ✔️ Offers USD/BWP currency pair? | No |
| 📊 USD/BWP Average Spread | N/A |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, French, Indonesian, Portuguese, Spanish, Vietnamese, Arabic, Thai, Chinese (Simplified), Japanese, Korean, Urdu, Bengali, Hindi |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/7 |
| 📞 Botswana-based customer support? | No |
| 💸 Bonuses and Promotions for Botswanans? | No |
| 📚 Education for Botswanan beginner traders | No |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is the broker a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for Exness Botswana | 8/10 |
| 🥇 Trust score for Exness Botswana | 97% |
| 👉 Open Account | 👉 Open Account |
How to withdraw funds from Exness account to Skrill step-by-step
Step 1: Log In
Botswana traders must log in to their “Personal Area” on the Exness website.
Step 2: Select Withdrawals
Then select “Withdrawal” on the left hand side of the screen. Choose Skrill when you used this method to recharge before.
Choose Skrill as your withdrawal method
Step 3: Enter the address of Skrill wallet
In the “Profile” section, enter your Skrill wallet address and the amount you want to withdraw at “Withdrawal Amount”.
Step 4: Enter the confirmation code
To ensure that the person making the withdrawal is the account holder, Exness will provide a confirmation code via the phone number of the account registered. After filling the code, click “Confirm Withdrawal”.
Step 5 : Complete
So you have completed the withdrawal process from Exness broker.
Within a few minutes the balance in the account will be debited and the Skrill wallet will receive the funds. After 24 hours, if you still don’t receive the money, please contact with Exness support to resolve the problem.
Exness Detailed Withdrawal Information for Traders
The table that follows will supply Botswana traders with the information that they require regarding the available withdrawal methods, the average minimums required for each payment method, the average processing time that they can anticipate for each method, and the commissions that are charged on various payment methods.
Exness Payment Method, Minimum Deposit and Withdrawal, and Processing Times
| 💵 Payment Method | 💸 Deposit Processing | 💰 Withdrawal Processing | 📱 Min Deposit | 💻 Min Withdrawal |
| Debit Card | Instant | Up to 72 hours | $10 | $3 |
| Credit Card | Instant | Up to 72 hours | $10 | $3 |
| Internet Banking | Instant | Up to 72 hours | $10 | $4 |
| Skrill | Instant | Instant | $10 | $10 |
| Neteller | Instant | Instant | $10 | $4 |
| Perfect Money | Instant | Instant | $10 | $2 |
| Tether (USDT OMNI) | Up to 72 hours | Up to 72 hours | $10 | $100 |
| WebMoney | Instant | Instant | None | $1 |
| Mybux | Instant | Instant | $10 | $5 |
| Ozow | Instant | Instant | $10 | None |
What are the fees and processing times associated with withdrawals on Exness?
Exness provides traders with a transparent fee structure and reasonable processing times for withdrawals. The fees and processing times can vary depending on the withdrawal method and the trader’s account type. Generally, Exness aims to process withdrawal requests swiftly, and the processing times can range from a few hours for e-wallets to a few business days for bank transfers.
Is account verification necessary for making withdrawals on Exness, and how does it impact the process?
Yes, account verification is an essential step for initiating withdrawals on the Exness trading platform. To comply with regulatory requirements and ensure the security of your transactions, Exness follows a Know Your Customer (KYC) process.
Exness Terms and Conditions
The Exness withdrawal procedure incorporates the following factors:
➡️ During withdrawals, the same payment mechanisms must be used that were used for account contributions. If traders do not have access to the original deposit method, they may contact Exness’ customer service with the required evidence.
➡️ The withdrawal payment method must be in the trader’s name since third-party payments are forbidden
➡️ While Exness does not impose overall limits, there may be minimum and/or maximum withdrawal limits per payment type.
➡️ Botswanans can also use the Exness Trader mobile application to withdraw funds while they are on the move.
What are the key requirements for initiating a withdrawal on Exness?
To initiate a withdrawal on Exness, traders must ensure that their trading account is fully verified in accordance with the platform’s Know Your Customer (KYC) procedures. This involves submitting valid identification documents to confirm your identity and comply with regulatory standards. Additionally, the withdrawal amount should not exceed the available account balance.
What should I expect in terms of processing times and fees for withdrawals on Exness?
Exness is committed to providing efficient withdrawal services. Processing times can vary based on the withdrawal method and the trader’s account type. Generally, withdrawals through e-wallets are often processed within a few hours, while bank transfers might take a few business days. It’s important to note that certain withdrawal methods may incur fees, which can vary depending on the method chosen and the trader’s account type.
Exness Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are local withdrawal methods offered to Botswanans | There is a limited number of payment methods offered for withdrawals |
| The overall withdrawal process is straightforward | There are minimum withdrawal amounts according to the payment method chosen |
| Exness has an instant processing time on some withdrawal methods | |
| Exness does not take any withdrawal fees |
Verdict on Exness
Overall, Exness is very competitive in terms of its trading fees and spreads.
What should I do if I encounter any issues or have questions while withdrawing funds from Exness?
Exness provides comprehensive customer support to assist you during the withdrawal process. If you encounter any difficulties, have questions about the withdrawal process, fees, or account verification, don’t hesitate to reach out to Exness’s customer support team. They are available to provide guidance and ensure a smooth withdrawal experience. Whether you need clarification through email, live chat, or phone support, Exness is committed to assisting traders throughout the withdrawal journey.
You might also like: Exness Fees and Spreads
You might also like: Exness Demo Account
You might also like: Exness Islamic Account
You might also like: Exness Minimum Deposit
You might also like: Exness Review
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
Does Exness have free withdrawals?
Yes, Exness does not charge any withdrawal fees.
Are there withdrawal limits with Exness?
There are no maximum withdrawals indicated on the official Exness website.
How long does it take to withdraw money from Exness?
Exness will process the withdrawal request instantly or within three working days, depending on when the request was received.
However, depending on your chosen withdrawal method, it could take a few hours or days for the funds to reach your account.
Can I use PayPal to withdraw from Exness?
You cannot use PayPal to withdraw funds from your Exness account as it is currently not a supported payment method.
Does Exness have instant withdrawals?
Exness offers instant withdrawals on Skrill, Neteller, Perfect Money, WebMoney, and Mybux.
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.
