24Option Withdrawal Information

24Option takes pride in its secure and streamline withdrawal process. You can easily make a withdrawal request from your banking page when you are logged on to your account. Here is all the 24Option withdrawal information you need to be aware of.

Ways to withdraw

24Option will process any withdrawal request via the same route as the deposit. This means that if you used your credit card to deposit, your withdrawal will be credited onto that same card. As such, if your withdrawal amount is greater than your initial deposit, the balance remaining will be transferred to you via wire transfer.

24Option offers withdrawals via credit card, Moneybookers, PayPal, Neteller, and wire transfers.

euro-76015_640In order to process your first withdrawal, 24Option requires the following documents:

  • Valid ID card with photo
  • Proof of residence (address must match that of your ID card)
  • If you used your credit card for deposit, you will need to submit copies of your card, only showing the last 4 digits
  • If you use various credit cards for deposits, you will need to show proof of each card before your request can be processed

Charges

Depending on which account you have, some withdrawal charges may apply. If you open a regular account, your very first withdrawal will be free. For gold account holders, you are permitted one free withdrawal per each calendar month. As for those with platinum accounts, all withdrawals are free. Withdrawal fees range from 2% to 3.5% depending on the method of your choice.

You may request a withdrawal at any time, but note that your identity has to be verified prior to processing. This will be done during regular business hours.

Fees

Depending on how you wish to withdraw your funds, you may have to wait until you have at least $10 in your account to make the request. If you decide to cancel a request, you may do so before the transfer has occurred.

Timeframe

As long as you have submitted all the required documents for verification of your account, your withdrawal will be processed as quickly as possible – typically within 7 business days.