is there a withdrawal fee for forex trading?

so lets say I make some profits while trading forex & I want to withdraw, will i be charged a withdrawal fee?

C
@chris_4eva - 1 year ago

Most forex brokers do not charge withdrawal fees. The only times you get charged a fee for withdrawing is if you are withdrawing to an international bank account (aka bank wire). However, for withdrawals using popular methods such as Cards, Local Bank, & Mobile Money; a majority of the brokers do not charge withdrawal fees.

Brokers like Forex.com, XTB, Think Markets & FBS charge withdrawal fees, also note that some brokers allow only one free withdrawal in a day and after that they start charging you withdrawal fees. But there are several forex brokers who don't charge withdrawal fees.

P
@paul_petit - 1 year ago

Its broker dependent. Out of 100% of brokers, only about 20% of them do charge withdrawal fees as per my findings.

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