Trading 212 withdrawal – Fees, Methods and Minimum Amount

Are you trading on Trading 212 and what to withdraw your money? In this article we will see how to withdraw money from Trading 212.

You can withdraw your money anytime from Trading 212 by credit card, bank wire transfer or Skrill and Neteller. The withdraw time goes from few hours to 5 working days.

The minimum withdraw amount is $1.

Let’s see now all the details.

 

How to Withdraw from Trading 212 Web Version

If you need to withdraw your money from Trading 212 on a computer, you need first to log into your account.

Once you are into the account and you had already made your deposit, just follow these steps:

1. Click on your profile on the top right corner
2. Click on “manage fund”
3. Click on “withdraw funds” on the little window
4. Enter you password
5. Select the account you want to withdraw from
6. Select the amount of money
7. Select the payment method (i.e. Credit Card)
8. Submit your request

Once your request has been submitted, the customer service will review it and approve it if everything is correct.

 

How to Withdraw from Trading 212 App

Most of the traders use the Trading 212 App for their investments. To withdraw your money from the App, you need to follow these steps:

1. Open the App from your smartphone and log into it
2. Tap on the 3 lines icon at the bottom of the screen
3. Click on “manage funds”
4. Click on “withdraw funds”
5. Enter your password
6. Choose the account you want to withdraw from
7. Select the amount of money to withdraw
8. Choose the payment method
9. Submit your request

Also in this case, the request must be approved by the customer support for Trading 212. The approval will take up to 24 hours.

You will receive a confirmation email once the request has been approved. The money will be accredited to your payment method within 5 days, depending on the method you have selected.

 

Trading 212 Minimum Withdrawal

On Trading 212 you can have different types of account:

• CFD account
• ISA account
• Invest account

The withdrawal process is the same for all the accounts. This means that the steps to follow when requesting a withdrawal are the ones mentioned above.

For all accounts the minimum withdraw is $1.

Many traders have different types of account. When making a withdrawal, the amount to cash out can’t be the sum from the money in each different account.

If you want to withdraw from every single account you need to make an individual withdrawal for each of them.

 

Trading 212 Withdraw Fees

The broker Trading 212 doesn’t change any fee for withdrawals. This applies to any type of withdrawal method, any amount and from any account.

It is important to pay attention to withdraw with the same currency of your bank account or credit card. In this case you don’t risk paying any exchange fees.

 

Trading 212 Withdraw Time

On Trading 212 it is possible to withdraw using many different methods.

The 3 main ones are:

• Credit card
• Bank wire transfer
• Skrill
• Neteller

Depending on the selected method, the time for the money to be accredited into your account is different.

• Bank account from 3 to 5 working days
• Credit Cards from 2 to 3 working days
• Skrill/Neteller maximum 24 hours

When you submit a withdrawal request, the customer support takes up to 24 hours to review the request. If that is approved the withdrawal will be processed, and you will also receive a confirmation email from the support.

 

Trading 212 Transfer Funds

On Trading 212 there are 3 different and independent accounts available. On the withdraw funds window it is possible to transfer your money from one account to another.

To do that you need to follow these steps:

1. Click on your profile on the top right corner
2. Click on “manage fund”
3. Click on “transfer funds” on the little window
4. Enter you password
5. Select the account you want to transfer the money from
6. Select the account you want to transfer the money to
7. Select the amount of money
8. Submit your request

The request will be reviewed by the support team and approved within 2 hours. A trader can transfer as many times as he wants from one account to another.

There is no limitation in terms of minimum or maximum amount.

 

Trading 212 Account Validation

Before proceeding with a withdraw request, it is important to upload the necessary documents into the platform and have the account approved.

The 2 required documents are:

1. A proof of identity (i.e. a copy of your passport or ID card)
2. A proof of residence (i.e. a utility bill, bank statement or credit card statement) in A4 format where it is visible your full name and address

The information on these documents must be the same as on the profile. Once the documents have been approved and the profile verified, it is possible to proceed with a withdrawal

With an approved and verified account, there won’t be any risk that a withdraw request will be rejected.

 

For more information about Trading 212 check our review.