Exness Review
FP Markets Fund Withdrawal Step by Step
Overall, FP Markets offers a simple fund withdrawal process for Botswana Traders. FP Markets is a reliable multi-regulated online broker with no-commission trading and tight spreads. It has over 70 000 active Botswana traders and has a verified trust score of 81% out of 100.
- Lesche Duvenage
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Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
FP Markets Fund Withdrawal – 6 key points quick overview:
How to Withdraw Funds Step by Step
👉 Traders who want to withdraw funds from the trading account can follow these few steps:
➡️ To withdraw money, log in to the Client Area, click “Funding,” then “Withdraw,” and complete the withdrawal request.
➡️ If Botswanans have deposited 8,500 BWP using a credit or debit card, there is a withdrawal restriction on their account. Likewise, if the trader utilizes a bank wire transfer to deposit money, those funds must be withdrawn to the same bank account.
➡️ Traders who fund their trading accounts using several methods must refund the same amount to each source of payment, with priority given to credit card payments.
➡️ Once the first profits or funds have been withdrawn, traders can make the remaining withdrawals in the same order as their initial deposits.
➡️ Traders could, with FP Markets’ consent, employ any of the other financing solutions to withdraw their trading account earnings.
Detailed Withdrawal Information for Traders
👉 FP Markets offers traders from around the world a wide range of withdrawal options in their local currency, which helps traders avoid costly transaction fees and currency conversion fees.
👉 Traders can consult the table below to see detailed information on deposit currencies, processing, and the average processing of withdrawals.
FP Markets Deposit Currencies, Deposit and Withdrawal Processing Times
| 💻 Payment Method | 💵 Deposit Currencies | 💸 Deposit Processing | 💰 Withdrawal Processing |
| Credit card | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, AED | Instant | 1 business day |
| Debit Card | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, AED | Instant | 1 business day |
| Bank Transfer | AUD, USD, EUR, GBP, SGD, HKD | 1 business day | 1 business day |
| Neteller | AUD, CAD, CHF, EUR, GBP, JPY, INR, BRL, SGD, USD | Instant | 1 business day |
| PayTrust | AUD, CAD, EUR, GBP, INR, USD, BRL | Instant | 1 business day |
| Sticpay | MYR, IDR, VND | Instant | Wallet: Instant Bank Wire: 1 – 5 days |
| Fasapay | JPY, EUR, GBP, USD, HKD, TWD, KRW, SGD | Instant | 1 business day |
| Virtual Pay | USD, IDR | Instant | 1 business day |
| Rupee Payments | INR | Instant | 1 – 2 business days |
| Dragonpay | PHP | Instant | 1 business day |
| Perfect Money | USD | Instant | 1 business day |
| Cryptocurrency (LetKnowPay) | ADA, BCH, BTC, DASH, ETH, LTC, PAX, XRP, TUSD, USDC, USDT (ERC20), USDT (TRC20), ZEC | Up to 1 hour | 1 business day |
| Rapyd Bank Transfer | BRL, MXN, COP, CLP | Instant | 1 business day |
| Rapid Transfer | EUR, DKK, SEK, HUF, GBP, PLN, NOK | Instant | 1 – 2 business days |
| Finrax | BTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XLM, BCH, USDT | Instant | 1 business day |
| MPSA | INR | Instant | 1 – 2 business days |
| Nganluong | VND | Instant | 1 business day |
| XPAY | IDR, MYR, THB, VND | Instant | 1 business day |
| Broker to Broker | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | 1 business day | 1 business day |
| Domestic Bank Wire | AUD | 1 business day | 1 business day |
| International Bank Wire | All except AUD | 1 business day | 1 business day |
| MPSA | INR | Instant | 1 – 2 business days |
| FairPay | BRL, CLP, COP, CRC, GTQ, MXN, PEN, USD | 1 business day | 1 – 2 business days |
| LuqaPay | TRY | Instant | 1 business day |
| Pagsmile | BRL, CLP, COP, PEN, MXN, USD | Instant | 1 business day |
Fund Withdrawal Terms and Conditions
👉 For deposits and withdrawals, FP Markets does not impose any extra internal costs. Botswanans should note, however, that transfers to and from foreign financial institutions could incur separate intermediary transfer costs from either side.
👉 Botswana traders are responsible for any bank costs, which FP Markets does not assume responsibility for. If Botswana traders need additional assistance, they can visit the official FP Markets website or contact FP Markets 24/7 via live chat.
FP Markets Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| Botswanans can choose from versatile withdrawal methods | BWP is not a supported withdrawal currency, and Botswanans may face currency conversion fees |
| Instant withdrawals are offered to Botswanans | Withdrawal fees apply to several withdrawal methods |
| The processing time on withdrawals is quick regardless of the payment method chosen | |
| The withdrawal process can be completed quickly from within the client portal | |
| A withdrawal request typically takes 1 working day to complete |
Verdict on FP Markets
👉 Overall, FP Markets is very competitive in terms of its trading fees and spreads.
FAQ
Where does FP Markets keep client funds?
FP Markets maintains separate accounts with Australia’s most reputable financial institutions.
Can I withdraw my funds in BWP?
No, FP Markets does not support withdrawals in Botswanan Pula.
How much does FP Markets charge for withdrawals?
FP Markets charges withdrawal fees between 0.2% and 7.25%.
How long does it take to withdraw money from FP Markets?
Depending on your withdrawal option and your bank’s internal processing time, FP Markets withdrawals are immediate or take a few days.
How trustworthy is FP Markets?
FP Markets is a trustworthy broker with a respectable 82% trust score.
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.
