🌐Maunto is a CFDs broker providing traders access to the global financial markets. 🌐
When selecting a broker, one of the most crucial things to consider is their withdrawal policy. Taking money out of your Maunto trading account is an essential part of managing your money when you trade FX. We’ll walk you through the process of taking money out of your Maunto account in this guide.
Comprehending the withdrawal procedure is crucial for any trader, regardless of experience level, to guarantee a seamless experience. Now let’s get going!
Minimum Withdrawal Amount:
To initiate a withdrawal from your Maunto trading account, you should be aware of the minimum withdrawal amounts. For credit card withdrawals, the minimum withdrawal amount from your Maunto account is 10 USD/JPY for Credit Card and 100 USD/JPY. If you prefer wire transfers, the minimum amount is 100 EUR/USD or 15,000 JPY. For e-wallets, you can withdraw any amount as long as it covers the applicable fees.
The Withdrawal Process:
Image source: Maunto Login
- Logging in to your Maunto account is the first step in initiating a withdrawal.
- Once you’re logged in, navigate to the withdrawal page.
- Here, you will find simple instructions guiding you through the process.
- Fill in the required information accurately, including the withdrawal amount and the preferred payment method.
Processing Duration:
After submitting your withdrawal request, Maunto usually needs 8 to 10 business days to process and complete the transaction. Please be aware, nevertheless, that the processing time may differ based on the internal policies of your local bank.
💡Important Things to Remember💡
📌Can I Withdraw While I Have Open Positions?
You certainly can! Even if you have open positions, you are free to start a withdrawal at any moment. But make sure you have enough margin in your trading account to cover the withdrawal amount plus any additional costs the broker might impose.
📌What Are Maunto’s Withdrawal Fees?
Maunto retains the authority to impose withdrawal fees in certain situations. It is essential to go over the General Fees document that the organization provides in order to comprehend the applicable fees. Please take a moment to thoroughly read this paper in order to understand the costs related to your withdrawal.
Image Source: Maunto’s Help Center
The Final Word
It’s simple to take funds out of your Maunto trading account; just log in, follow the instructions on the withdrawal page, and fill out the required information. It’s important to keep in mind the minimum withdrawal amounts and any possible costs associated with them. It’s also crucial to remember that depending on your local bank, the processing time for your withdrawal may differ. You may easily handle the withdrawal process and have a hassle-free experience by following these instructions and remaining informed.✨
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