Many traders who have anxiety surrounding the various withdrawal procedures by brokers will be relieved to know that Stockpair has created a seamless and secure process that will take away any jitters related to the process. Below, you will find all of your Stockpair withdrawal information.
Before you trade on Stockpair’s platform, you are required to authenticate your account by submitting the appropriate identification documents. Going through this process will ensure that your data is protected. Note that all funds are kept in segregated accounts with highly reputed banks.
The documents you require are as follows:
- Photo ID – this has to be issued by your government and includes documents such as a driver’s license, passport, or residence card.
- Proof of address – this must show your physical billing address. Most traders typically submit a utility bill issued within the last 3 months.
- Copy of your credit card – if you use a credit card to deposit, you must submit a copy of both sides of your card. Ensure that your signature shows but that you cross out your CVV code (three digits on the back) as well as the first 12 digits of your card. Only the last 4 digits should remain visible. This is for security purposes and is standard procedure among brokers.
- If you prefer not to send copies of your credit card, you may submit one of your card’s statements, as long as it shows your name and the last 4 digits of your card.
Stockpair is one of the few brokers to offer multiple withdrawal methods that suit customers from all over the world. Aside from the typical credit/debit card, wire transfers, and electronic payments (such as Moneybookers), the company offers withdrawals via CashU, Giropay, IDEAL, Sofort, AstroPay, WebMoney, Qiwi, and Moneta.
How to Make a Request
Withdrawal requests can be accessed from your My Account section on the trading platform. Requests are processed as quickly as possible and generally take up to 2 business days to be executed (aside from your bank/credit card company’s transaction process). You can monitor the status of your request at all times under your My Account Statement section.