How to withdraw money on Vantage Markets – Withdrawal tutorial

Investment is one of the most common forms of income that can be done in several ways. For example, you can buy a real estate property with your money, and when the time is right (during inflation), you can sell the property again to someone else. 

Your net profit will be the amount difference between the property selling and buying price. If the amount is pretty huge, you can deposit a certain portion in another property, and the rest will be your net profit. Initially, the profit earned will be much less because you wouldn’t be able to deal in multiple properties. But as time progresses, you will have enough capital to invest in more high-end properties from where you can make millions. 

The same concept is applicable for trading markets, like the Forex, where you can exchange different currency pairs at a changing exchange rate and make money or lose the investment (only if the trade has moved against you). Here, trades are done based on currency pairs where each pair will have a base currency (more weightage) and a quote currency (less weightage). For example, a common currency pair is USD/INR, where USD (US dollars) is the base currency, and INR (Indian Rupees) is the quote currency. 

When you want to buy USD by exchanging the INR, the total amount you have to pay will depend on the exchange rate. Similarly, when you want to trade in USD/INR pair as a whole, if you predict the price movements correctly, you will get the investment along with a certain reward. So, forex trades are all about understanding how these currency pairs behave and what factors can have an impact on their price movements. 

Usually, Forex is considered as one of the most volatile trading markets because the prices can fluctuate at any time, by a difference of one second also. Therefore, you have to be very speculative and select the right time for closing the trade position automatically so that you don’t get exposed to the vulnerabilities of the fluctuations. The demand and supply chain also has a huge contribution in controlling the price movements. For example, let’s consider the currency pairs of USD/CAD. 

If the demand for USD increases as compared to CAD and the availability of the currency in circulation is not enough to be supplied, the price will start to increase. As a result, people will start to buy as many USDs as possible. Similarly, when there is an excess of supply against very low demand, the circulation pool will be flooded with the same currency, due to which the price will start to fall. Hence, most traders start to sell the currencies so as to secure their holdings in the forex market. 

What is Vantage Market, and what can you do in it?

Every trader needs a particular brokerage platform that will serve as a connecting base between the traders and the market. Here, you will have proper access to all the details about the trade market like the recent price changes, all-time high currency pair charges, trades going on in the market, and so on.

he Vantage Market is one such forex broker market-based in London and US. It is one of the best brokerages you can find online, be it due to the long list of currencies they support, the chance to practice the trades, the different types of accounts, the various trading markets, and so on. It can be considered as the hub for all traders where they will find things that aren’t easily available on other brokerages. This is why trying out your luck here will be one of the best decisions in your life. 

On this platform, you can perform several types of trades like:

1. Forex trading with currency pairs 
2. CFD trading market 
3. Soft commodity and asset markets 
4. Energy markets 

Features of Vantage Market

This brokerage platform is one of the best places where you can find everything that a beginner trader needs to become a pro in investments and make the best trade decisions. Some of the features that you can enjoy here are:

• It is secured by the AA-rated Australian bank, and therefore, all the currency exchange rates are regulated and very much safe. 
• You will get here the indemnity insurance in case there is any kind of piracy or suspicious activity going on that might put your privacy in danger. 
• With high efficiency, you won’t have to complain about anything, be it the options of trading or having faster transactions. 
• Based on AI, it is a completely human-centric brokerage platform, and therefore, you will get an immersive trade experience. 

How to trade on Vantage Market? 

Suppose you are wondering how to trade on Vantage Market and have some outstanding returns on your investment without exposing it to the vulnerabilities of the price fluctuations (inflations and deflations). In that case, you are at the right place. Here, we will give you a glimpse of the ways for initiating a trade and closing it with more easiness. 

#1 Opening a live account on Vintage Market 

The first thing you need to do is open a live account on Vantage Market. Simply go to the homepage and from there, click on the live account option at the top. You will be asked about entering the details like your phone number, email account, and so on. You can choose the account as an individual or company from the dropdown before proceeding with the process. It may take about 5 minutes to complete the closure of the account opening process. 

#2 Making a deposit to the account 

Once you have your own account, you have to make a deposit. There is a huge range of options for depositing the amount you want to have as a balance in your account, starting with banking methods to cryptocurrencies. Be very sure that the deposit which you are making is through a method that will be used for withdrawals also. 

#3 Opening a position in the forex/CFD market 

After this, you have to open a position in the forex market. To do so, you need to choose the type of trade you want to initiate. It can be a copy trade, a CFD trade, a forex trade, and more. Once you are done, you have to set a particular date and time for closing the trade position automatically. If you do not want your trade to get exposed to the fluctuations, be sure to set the same date before midnight. But if there is no other restriction, you can set a future date. The best part is that you can set hours, minutes, and seconds which is why you will be able to set the right time for closing.

#4 Speculating about the price movements 

It is very crucial to predict the price movements by carefully studying the graphs and seeing how the liquidity pool and demand and supply chain have changed over time. Based on your readings and judgment, you will be able to predict in which direction the market will move. To indicate the movement in the positive direction (price increase), you have to press the green option, and the read-option will be for deflation in price (price decrement). 

#5 Closure of the trade and outcomes 

After you are done with everything, you have to submit the trade and wait for the time to come when the position closes by itself. Once you submit the trade, a red square will appear on the trade from where you will be able to see all the details. After the trade closes itself, you can see the results. If your prediction matches the real-time outlook, you will get a return on your investment. 

When can you withdraw money from Vantage Market?

Once you will successfully complete the trades and have enough amount in your account, you will be able to withdraw the funds to your own personal account. But there are certain rules and regulations that you need to be aware of. If there is any discrepancy in your account or any other matter, the operators will immediately cancel the transaction. Therefore, it’s best to be aware of the terms and conditions levied for withdrawing the money. 

Rules for withdrawing the money

• Even though the minimum and maximum withdrawal limits will vary with the payment methods, you need to have a sufficient balance in your account for initiating the withdrawal.
• If you are making a local payment from banks that are in your country and supported by the Vantage Market also, no fee will be incurred. 
• If for banks that are overseas, an intermediatory charge will be levied, but it won’t be the responsibility of Vantage Market.
• This platform is regulated by AML and CTF laws, and therefore, the fund deposits can’t be made to any third-party account whose name is not the same as that of the Vantage Market account. 
• Withdrawals will be processed only during the working days (Mondays to Fridays) between 9 AM and 7 PM. Any withdrawal processed by the bank after 4 PM will reflect in your account during the next business day. 
• You won’t be able to make a withdrawal more than the deposit you have made if there was a deposit limit. 

How to withdraw money on Vantage Market?

Withdrawing money from the Vantage Market is not rocket science that you have to spend hours on understanding the process. But yet, just to keep you knowledgeable on this matter, we have discussed the entire process in the below section. 

1. First, you have to check the balance you have in the Vantage wallet. As discussed earlier, you will be able to process the request only when the funds available are within the allowable range. 
2. Once done, log in to the Client’s portal from the home page. Here, you need to give your user ID and password. These credentials will be similar to the ones you use to enter your live account. 
3. Click on Login, and the withdrawal page will open. 
4. From there, you need to select the payment method which should be similar to the one you had used for depositing funds. 
5. Once the payment method is set, input the fund you want to withdraw. It should be less than the deposit amount. And in case there is any restriction, and the maximum amount is less than the deposit, you have to abide by the maximum limit. 
6. Enter the bank details or the wallet ID. Make sure that the details are similar to the one you have entered while depositing the amount. 
7. Click on Continue and then Finish to submit the withdrawal request. 

Checking the withdrawal request status 

After you have initiated the withdrawal request, you can go back to the transaction page. All the transactions will be shown on the screen, with the latest one present at the top. There, you will be able to see what’s the status of the transaction is. Cancellation of the request from your side can be done only when it is in the state of “waiting for approval.” If the status changes to processing or is completed, you won’t be able to cancel it. 

In case the withdrawal request is canceled or rejected by Vantage Market itself, you will get a notification about the same. There will be a small thumbnail clicking on, which will reveal the reason for which the request has been canceled or rejected. 

Allowable payment methods for withdrawal

There are four different payment method categories allowed for withdrawing the funds on the Vantage Market platform. These are: 

#1 Banks 

Unlike other brokerage platforms, Vantage Market supports a huge range of banks based on the local market, which will allow the traders from different countries to make withdrawals. If you are using the local bank, no fees will be charged. But in case you are using an overseas bank, the charged fee will depend on the banking organization. The banks allowed here are: 

• International banks 
• Thailand local bank
• Malaysia local bank
• Vietnam local bank
• Indonesia local bank
• Philippines local bank
• Nigeria local bank
• India local bank
• Laos local bank

#2 E-wallets

E-wallets or electronic wallets are internet-based payment gateways that can store only fiat currencies or both fiat and cryptocurrencies. Luckily, Vantage Market has incorporated tons of electronic wallets, which is why you won’t have to suffer a lot. The options that you will have are:

• Union Pay 
• FasaPay
• AstroPay
• Skrill
• Neteller
• Perfect Money
• Sticpay

#3 Cryptocurrency 

If you want to withdraw the money through cryptocurrencies, there are two options:

• Bitwallet- make a direct deposit of funds in the bitcoin software wallet
• Exchange wallet- here, you will be able to withdraw funds in USD to your wallet as BTC. 

#4 Banking cards

Both debit and credit cards are allowed at Vantage Market, where the card types will vary according to the bank you have and the country in which you reside. Make sure to use the cards having the same name as that of the Vantage Market account. 

Minimum and maximum limitation on withdrawals

There are some limitations on the withdrawal minimum and maximum amounts to be taken out of the account. In this below section, we have listed down the limits and the payment methods supported here on Vantage Market.

Payment method	Minimum amount	Maximum amount
International banks	Unlimited	Unlimited
Thailand local bank	15 USD	8500 USD
Malaysia local bank	15 USD	2300 USD
Vietnam local bank	15 USD	13000 USD
Indonesia local bank	15 USD	3,000 USD
Philippines local bank	1 USD	1900 USD
Nigeria local bank	1 USD	4800 USD
India local bank	10 USD	2700 USD
Laos local bank	20 USD	14000 USD
Union Pay	45 USD	4500 USD
FasaPay	0.1 USD	25000 USD
AstroPay	5 USD	10000 USD
Skrill	Unlimited	Unlimited
Neteller	Unlimited	500000 USD
Perfect Money	0.01 USD/EUR	Unlimited
Sticpay	Unlimited	300000 USD
Bitwallet	1 USD	Unlimited
Crypto exchange	10 USD	Unlimited
Card	Unlimited	Based on the amount you have deposited

Fees incurred on withdrawals 

• AUD 20 is charged for making withdrawals via International Telegraphic Transfers. 
• If it’s a Neteller withdrawal, a 2% fee will be charged, which will amount to AUD 30 per transaction. 
• In case of a withdrawal made by Skrill, a 2% fee will be deducted from the amount being withdrawn. 

Payment method	Fee incurred	Fee percentage
International Telegraphic Transfers	Yes	$20 AUD
Neteller	Yes	2% or $30 AUD
Skrill	Yes	2%

Conclusion 

Here we have explained everything you need to know about the withdrawal methods from Vantage Market. Since we have already given you a head start about the trading process for this brokerage platform, we are certain that you won’t have to face any problem. Besides, there are several videos and study materials available on the website. Therefore, if you are stuck at any point in time, you can easily refer to them to gain more knowledge. You can also express your concerns at the live chat for having prompt assistance. 

FAQ – The most asked questions about Vantage Market : 

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Last Updated on January 27, 2023 by Arkady Müller