Olymp Trade Withdrawal – Best Way To Do Withdraw Money In Olymp Trade
Olymp Trade is one of the best Binary Options Brokers currently present in the market with best customer support. If you have done a deposit of money in Olymp Trade then you will be required to do withdraw money from your Olymp Trade account. So today we will talk on Olymp Trade Withdrawal and learn what are different ways to do Olymp Trade Withdrawal and also see the different question that arises while doing Olymp Trade Withdrawal.
- Olymp Trade withdrawal options available
- How to do Olymp Trade withdrawal?
- When do Olymp Trade withdrawal?
After getting the answer to all this question you will able to get most of your doubts on Olymp Trade withdrawal.
Olymp Trade Withdrawal Option Available
Olymp Trade gives you 3 different ways to do the withdrawal process as per your convenience. They are as following
1) Bank Transfer:-
We do not prefer you to do Olymp Trade withdrawal with Bank Transfer because they have many problems with it. They are.
- First but not the last the time is taken by doing Bank Transfer it takes almost 45 days to reflect the balance in your bank account which is a too much longer period of the withdrawal process.
- Second is the fee that is taken from you if you do a Bank Transfer. They take $53 as a commission of doing a Bank Transfer. So most of the Traders avoid using this option as it cost more in his pocket. There are other options available than not to use it rather than spending $53 as commission.
Besides these disadvantages still, some people prefer this option to do Olymp Trade withdrawal because of some reason. They are as following
- Some country has strict Money Laundering laws and If you have done deposit with Bank transfer then you will be forced to Bank transfer during the withdrawal process.
- After you have done a deposit with bank cards then you can withdraw only that much of the amount which you have done during deposit. For example, if you have deposited $100 and won $500 then you can only withdraw $100 in your bank card another amount you have to withdraw with other available options.
2) Credit/Debit Card withdrawal
Credit/Debit card withdrawal option is always the first choice of any trader who does Olymp Trade withdrawal. This is because it is very fast and money directly comes to your bank account without any kind of hidden fees. It generally takes 3-5 days to reflect the withdrawal amount in your bank account.
There are also cons of this withdrawal method as you can withdraw that much amount only how much amount you have deposited with your bank card.
3) E-Wallet Withdrawal
E-Wallet is also popular among Olymp Trade traders as it is quick among all other options available in Olymp Trade. According to Olymp Trade money will be transferred to your account in 3 days but actually, it only takes 1 Day to transfer to your e-wallet. So it is a very quick and most easy way to do Olymp Trade withdrawal. There is also no any kind of fees attached to it. Olymp Trade supports Neteller, and Skrill to do the withdrawal.
How To Do Olymp Trade Withdrawal?
IQ Option withdrawal process very simple and easy. There are only 3 steps you need to follow they are:
- Login to your Olymp Trade account.
- Open the withdrawal page of Olymp Trade by clicking on your account setting tab.
- Choose your desire Olymp Trade withdrawal method to withdraw money. Then just enter the amount how much you want to withdraw money from your Olymp Trade account.
Then it takes time as per your Olymp Trade withdrawal method you have chosen to withdraw money from your Olymp Trade account. It takes 24 hours for E-Wallet, 3-5 Days for Credit/Debit card, and 10 days for Bank transfer.
When To Do Olymp Trade Withdrawal?
This question will be not so much important for those traders which are new to Olymp Trade. But it really matters for those who are for quite a long period of time with Olymp Trade. This is because new traders often withdraw their money as they have made a profit. But you should not do this due to these reasons:
- Trading for fun then you can withdraw your money quickly. But the question must arise if you want to do a trade for just fun then why you have opened a real account you do trade in demo account risk-free.
- For those who want financial independence and want to make enough money from Olymp Trade. They should wait till enough money is gathered in your account.
New traders must always ask a question in their mind whether they want it long term or it is only for the short term. If it is for a short term then you can withdraw quickly if it is for the long term then you need to wait.
All in one Olymp Trade is a great Binary Options Broker and pays money to their traders in time without fail. Olymp Trade withdrawal is easy, fast, and safe. Olymp Trade offers Bank Transfer, Credit/Debit card, and E-Wallet service.
You should do Olymp Trade withdrawal only when you need it. It will save you money and time if you do it weekly or monthly. Professional traders always schedule their withdrawal process which saves their money from extra commission and fees. So Olymp Trade is the best Binary Options Broker and pays in time to their traders.