Do you want to know about the StockPair withdrawal options? How? When? At what cost? You have come to the right place.
StockPair is one of the best binary option brokers in the world. One reason for their status is their easy to understand and customer friendly policy that makes withdrawals, among other things, a quick and easy process.
Which StockPair Withdrawal Options are there?
StockPair offers to basic withdrawal options: Wire transfer and credit card.
You can demand a withdrawal from the “My account” section of StockPair’s homepage. Simply type in the amount you wish to withdraw, submit the form, and your withdrawal is underway.
StockPair processes all withdrawal requests within two business days, most requests even faster. Compared to most other binary option brokers, that is a normal time line. During that time, you can see the status of your request in the “my account” section. As soon as your request is completed, its status will change to approved. At that point you know your money is on the way.
In addition to StockPair’s processing time, you have to factor in some time for your bank or credit card to process the payment. Of course, the time needed depends on your bank or credit card provider. As a rough indication, most credit card payments take 3 to 7 business days, most payments with wire transfer 2 to 5 business days.
In total, expect a withdrawal with credit card to take one to two weeks, a withdrawal with wire transfer one week.
What does it cost to withdraw money from StockPair?
You only have to worry about withdrawal costs with StockPair’s silver account. For all other accounts, withdrawing money is free.
For silver account traders, each withdrawal costs a fee of $25. Considering that the silver account status is applied to account with a balance of less than $5,000, a $25 fee for each withdrawal can make a huge difference, especially if you are withdrawing money on a regular basis.
Therefore, we highly recommend reaching the gold account status as quickly as possible. If at all possible, it would be a smart decision to deposit $5,000 right after opening your account. If you do not have that much money available, try to work your way up to the gold account as quickly as possible and do not withdraw any money until you get there.