Enjoy 0% withdrawals from your trading account with Switch Markets*
* 0% fees on all withdrawals except on digital currencies
At Switch Markets we believe all traders are entitled to a hassle-free experience when it comes to withdrawing your funds.
After all, it is your money, you should be able to access it with ease! Withdraw your money easily using one of the many options. Processing usually takes 3-5 business days.
| Payment System | Fees | Currencies | Processing Time |
|---|---|---|---|
|
0% | EUR, GBP, NZD, USD | Within 1-5 business days |
|
0% | EUR, GBP, NZD, USD | Within 1-5 business days |
| Bank Wire | 0% | EUR, GBP, USD | Within 3-5 business days |
| Digital Currencies | Flat network fee* | ADA, BCH, BTC, Dash, ETH, LTC, USDT (ERC20), USDT (TRC20), XRP, ZEC | Within our nearest working day |
|
0% | CAD, EUR, GBP, USD | Almost instant once processed |
|
0% | CAD, EUR, GBP, USD | Almost instant once processed |
|
0% | IDR, USD | Almost instant once processed |
|
0% | VND | Almost instant once processed |
|
0% | EUR, USD | Almost instant once processed |
|
0% | IDR, VND, THB, MYR | Within our nearest working day |
|
0% | CNY | Within our nearest working day |
|
0% | CAD | Within 1-3 business days |
**
|
0% | PHP | Within 1-3 business days |
* Network Fees: 0.0005 BTC, 0.0035 ETH, 0.02 XRP, 25 USDT, 2.50 USDTRC20
** Including Online Banking & OTC, Gcash, Paymaya/Maya, Grab Pay
PayTrust88 Deposit Fees: Switch Markets covers all deposit fees on deposits over $1,000 (or base currency equivalent).
Fasapay Deposit Fees: Switch Markets covers all deposit fees on deposits over $1,000 (or base currency equivalent).
Region Restriction: Neteller is not available to EU residents.
We take care of all the fees related to payment service providers (PSPs). However, it's important to understand that fees charged by the client's bank or credit card provider, as well as currency conversion fees, are beyond our control and will not be covered by us.
We enable our clients to withdraw or convert their money into 19 account currencies. These include: EUR, GBP, USD, CHF, AUD, SGD, VND, CNY, PLN, IDR.
Withdraw your funds in 4 simple steps...
Select 'Funds' from the dashboard menu on the left and click 'Withdrawal'.
Choose your preferred method and select the amount you wish to withdraw.
Submit your request and wait for your money to arrive. (payment method should be the same as deposited one)
Safety and security are on top of our list when it comes to dealing with money. Withdraw your money anytime with a complete peace of mind.
Explore the benefits and extras you can get if you open an account with Switch Markets.
Explore the benefits and extras you can get if you open an account with Switch Markets.
All the funds we receive from our clients are securely held in segregated funds accounts with tier one banks. All is done in accordance with the Rules and Regulations of the jurisdiction the clients chose to open an account with.
Unfortunately, you can't. The funds must be deposited from an account / credit card in the same name as your Switch Markets trading account. We do not accept third party payments; in such instances, the funding fees apply.
In the case of a joint account, we accept funding using one account / credit card pertaining to one or both of the approved parties on the joint trading account.
Yes, Switch Markets covers all the fees (on deposits using credit & debit cards and eWallets), but when it comes to bank wires, Switch Markets covers all deposit fees on BMO and Zenith Bank wires, plus up to $30 (or base currency equivalent) of any intermediary fees on deposits over $500.
There might be unforeseen circumstances that might prolong the deposit time from what is stated under each deposit option.
Currency conversion may apply to unavailable currecies.
Our payment service providers accept certain currencies, but in some instances, there are currencies they can’t accept without charging you conversion fee. You can find the list of available currencies in the Available Currencies column under each payment method.
If a client is deemed to be abusing or inappropriately depositing (e.g. making several deposits without any further trading), Switch Markets then has the right to charge the client any transaction fees incurred with deposits and withdrawals, without providing notice.
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“Very happy with this broker, decent spreads, pretty reliable. The free VPS is such a great deal. Fully recommend.”