What You Should Know about Deposits and Withdrawals on Exness
Deposit
At Exness, we believe deposits should be quick, convenient, and easy. We offer a wide variety of payment systems to choose from, with the flexibility that comes from being able to deposit funds at any time of any day, including weekends and public holidays. Here’s what you need to know about deposits at Exness:
Making deposits
Funding your Exness account is quick and easy. Here are some tips for hassle-free deposits:
Make sure your account is verified, meaning that your Proof of Identity and Proof of Residence documents are reviewed and accepted. If your account is not verified, a deposit limit of USD 2 000 is imposed without Proof of Identity and thereafter a deposit limit of USD 50 000 without Proof of Residence.
Your first deposit amount should meet or exceed the minimum deposit requirements for your account type. The amount required for some Standard and Professional accounts can differ.
Double-check minimum deposit requirements for using a specific payment system.
The payment services you use must be managed under your name, the same name as the Exness account holder.
While choosing your deposit currency, remember that you will need to make withdrawals in the same currency chosen during the deposit. The currency used to deposit does not need to be the same as your account currency, but note that exchange rates at the time of transaction do apply.
Finally, whichever payment method you are using, please double-check that you haven’t made any mistakes when you entered your account number, or any important personal information required.
Visit the Deposit section of your Personal Area to deposit funds into your Exness account, any time, any day, 24/7.
Deposit fees
Exness does not charge commission on deposit fees, though it is always best to double-check the conditions of your chosen Electronic Payment System (EPS) as some may have service fee charges from the EPS service provider.
Deposit processing time
Processing times can vary based on the payment method you used to deposit funds. All available methods will be shown to you in the Deposit section of your Personal Area.
For most payment systems offered by Exness, the deposit processing time is instant, understood to mean that the transaction is carried out within a few seconds without manual processing.
If the stated deposit time has been exceeded, please contact the Exness Support Team.
Payment systems
There are so many ways to transact with Exness, and we are constantly adding new Electronic Payment Systems (EPS) to give you the most options to transact. Be aware that some options are restricted by location, and we recommend reading this article all about EPS if you would like to know more.
Withdraw
At Exness, we strive to make withdrawals quick, convenient, and easy while offering numerous payment systems to choose from. Our advantage is that you have the flexibility of withdrawing funds at any time of any day, including weekends and public holidays.
Here’s what you need to know about withdrawals at Exness:
Withdrawing funds
With round-the-clock access to your funds, you can make withdrawals any day, any time.
There are a couple of general rules for withdrawing funds from your trading account that you need to be aware of:
The amount you can withdraw at any specific point in time is equal to your account’s free margin that’s shown in your Personal Area.
You can only withdraw funds via the same payment method you used to deposit funds.
If you used a number of different payment methods to deposit funds into your account, withdrawals are to be made to those payment systems in the same proportion as the deposits were made.
Withdrawals follow the payment system priority (outlined below), so withdraw funds in that order (bank card first, then Bitcoin, then anything else) to optimise transaction times.
The payment system priority is very important, so we’ve included an example to help you understand how it works:
You’ve deposited USD 1 000 total into your account, with USD 700 with Skrill and 300 USD with Neteller. As such, youll only be allowed to withdraw 70% of the total withdrawal amount through Skrill and 30% through Neteller. Lets assume that you’ve earned USD 500 and wish to withdraw everything, including profit. Youll need to transfer USD 1050 to Skrill and USD 450 to your Neteller account to complete the withdrawal.
The purpose of the payment priority system is a preventative measure to ensure that Exness submits safely to financial regulations forbidding money laundering and potential fraud, making it an essential without exception.
You can withdraw funds from your account in the Withdrawal section of your Personal Area. You may check the status of the transfer under Transaction History at any time.
Withdrawal fees
We do not take fees when it comes to withdrawing. Some payment systems may require a transaction fee, so it’s best to be aware of the fees of your chosen payment system.
Follow the link for more info about the payment systems on offer.
Withdrawal processing time
The vast majority of withdrawals via electronic payment systems are performed instantly, understood to mean that the transaction is carried out within a few seconds without manual processing.
If the stated withdrawal time is exceeded, please contact the Exness Support Team, so we can help you troubleshoot.
Payment systems
There are so many ways to transact with Exness, and we are constantly adding new Electronic Payment Systems (EPS) to give you the most options to transact. Be aware that some options are restricted by location, and we do recommend reading this article all about EPS if you would like to know more.
Payment System Priority
To ensure your transactions reflect in a timely manner, do note the payment system priority put in place to provide efficient service and comply with financial regulations. This means that withdrawals through the listed payment methods should be done in this priority:
Bank card refund
Bitcoin refund
Profit withdrawals, adhering to the deposit and withdrawal ratios explained previously.
The payment system priority is based on your Personal Area as a whole, and not just a single trading account; withdrawals can be made from any trading account regardless.