Withdrawal Method | Account Base Currency | Fees/Commission | Min. Withdrawal | Processing Time |
---|---|---|---|---|
Debit & Credit Cards | ||||
USD, EUR, GBP | Free | No minimum amount | 2-5 business days | |
USD, EUR, GBP | Free | No minimum amount | 2-5 business days | |
Bank Wire Transfer | ||||
USD, EUR, GBP, NOK, CHF | Full amount sent, bank fees shared. | 100 USD | 1-5 business days | |
E-Wallets | ||||
USD, EUR, GBP | Free* (1 free withdrawal per month) | No minimum amount | 24 hours | |
EUR, GBP | Free* (1 free withdrawal per month) | No minimum amount | 24 hours | |
Internal Transfer | ||||
USD, EUR, GBP, CHF, NOK | Free | No minimum amount | 24 hours |
Login to the Kings Option Trade Market client area
Once logged in click the Withdrawal button
Select the withdrawal method that matches how you deposited
Enter the withdrawal amount and submit the form
Your Withdrawal request will be processed within the business day
In compliance with AML (anti-money laundering) regulation withdrawals requested up to the amount deposited will always be sent back to clients using the same method that was used to deposit.
For withdrawals that exceed the amount originally deposited we will send funds up to the value that was deposited by the method that was used to deposit the funds. Then any profits will be sent back to clients by bank wire transfer.
Withdrawals of funds can only be sent back to accounts that are in the name of the client as is shown on their identification documents.
* In the case of bank wire withdrawals Kings Option Trade Market will send the full amount withdrawn to the client and select to share the transaction fees charged by the processing bank (Eurobank). These fees can be found at the Eurobank Commission and Charges web page that is linked to in the above table. Clients should also be aware that if any intermediary banks are used to complete the transaction then additional deductions may also apply, which are out of King Options Trade Market control.
In the event that our technical department identify or suspect a client uses strategies that break our terms of service then we have the right to pass on any deposit and/or withdrawal cost on to the client at the time of withdrawal. Strategies that break our terms of service include but are not limited to latency arbitrage, algorithmic scalping and/or high-frequency trading. Full information can be read in our terms of service.
Kings Option Trade will cover the cost of the first Skrill or Neteller withdrawal placed every 31 days. If a client places more than 1 withdrawal within a 31 day period then the client will be charged for all subsequent withdrawals. In case
the client is required to cover the withdrawal cost it will be charged as follows:
Skrill: 1% of the withdrawal amount
Neteller: 2% of the withdrawal amount (with a maximum of 30 USD). Minimum charge is 1 USD.