Withdrawals
How do I withdraw funds?
In order to make a withdrawal you should follow these instructions:
Click on “Funds” → “Withdrawal” → Select your preferred withdrawal method → Fill in the fields and click on the "Open a Withdrawal" button (on mobile devices, you can access the “Funds” screen from the menu button).
Card Withdrawals (Company Policy)
Should you send funds to Plus500 from your card, we will always attempt to first issue withdrawals to the card irrespective of the withdrawal method you chose when requesting the withdrawal. Your chosen method acts as a backup in the event that we are unable to make the payment to the depositing card. Once approved and submitted, a card withdrawal is deliverable prior to your next monthly charge/billing date.
What is the processing time frame for each method?
Withdrawals are processed within one business day of the opening of the withdrawal request. The time frame for receipt of the payment, is dependent upon the payment method and processing time of the third party remitter.
The withdrawal screen on the trading platform states the minimum withdrawal requirements for each type of payment method. Processing a withdrawal request for less than the minimum withdrawal amount may result in charges to your account.
Withdrawal limitations
All withdrawal methods have minimum amount thresholds, which can be found on the withdrawal screen on the trading platform.
Our stated policy, wherever possible, is to only return funds to the same payment method from which they originated. Bear in mind that it is possible that you will need to provide documentation to verify your payment method in order to withdraw. For more information about withdrawals please refer to our User Agreement.
Withdrawal statuses
Withdrawals are processed within one business day of the opening of the withdrawal request. You can follow the status of your withdrawal under:
- WebApp: “Menu” → “Tools“ → “Reports” → “Monetary History”
- Mobile: “More“ → “Account” → “Reports” → “Monetary History”
Plus500 does not claim to be an official academic institution that has received recognition from any country/government.