Yes. Vantage Markets pays traders using any of the top payment methods the broker provides. It might take a few days before the money lands in the trader's account. For example, wire transfers take three to five business days to process withdrawals, but payment methods like Skrill and Neteller only take one business day.
Does Vantage Markets Pay Out Profits?
Updated: November 10, 2023
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Vantage Markets is a leading multi-asset broker that provides users with a strong and agile platform for trading CFDs on stocks, shares, commodities, and Forex. This broker offers a reliable trading environment that makes it easier and faster for customers to deposit and start trading. When it comes time to withdraw your trading profits from Vantage Markets, the process is straightforward and efficient. But first, let us assess the trading safety of Vantage Markets.
Is Vantage Markets trustworthy? Are Vantage Markets regulated?
Vantage is a reliable broker for traders seeking a reputable trading platform to trade CFDs on Forex, commodities, stocks, and shares. Numerous esteemed financial organizations oversee this broker. Some of the main financial agencies regulating this broker are:
The Vanuatu Financial Services Commission (VFSC) (Reg. No. 700271)
Australian Securities and Investments Commission (ASIC) (AFSL No. 428901)
Financial Sector Conduct Authority (FSCA) with license number 51268
Due to its numerous top-tier regulations and complete compliance with the Financial Conduct Authority's stringent financial regulations, Vantage is regarded as a reliable platform. Fundamentally, the trader's investments are safe because respectable regulators oversee the company's integrity and solvency. In addition to negative balance protection, client funds are kept in segregated accounts, causing Vantage Markets to offer traders equitable and transparent access to the world's foreign exchange markets.
How long does it take to withdraw?
Even though most withdrawals are finished in less than a day, the precise moment a trader receives their money depends on the withdrawal method they select. However, it should only take a maximum of one to seven business days.
In compliance with the Anti-Money Laundering/Counter-Terrorism Financing Rules and Regulations, Vantage will only handle withdrawals using the same payment method the trader used to deposit into the trading account.
| Payment Method | RoboForex withdrawal time limit |
|---|---|
|
up to 3 to 5 working days |
|
|
3-5 business days |
|
|
up to 1 day |
|
|
UnionPay |
up to 1 day |
|
Boleto |
up to 1 day |
|
up to 1 day |
|
|
Apple Pay/Google Pay |
up to 1 day |
|
Fasapay |
up to 1 day |
|
Astropay |
up to 1 day |
|
Advcash |
up to 1 day |
|
Perfect Money |
up to 1 day |
|
SticPay |
up to 1 day |
|
cryptocurrency (Bitcoin, Tether) |
up to 1 day |
Again, this broker does not charge commissions for withdrawals made with specific payment methods. For example, credit/debit card and electronic wallet withdrawals are free of charge. Withdrawals from Neteller are subject to a fixed 2% fee on the total amount with no caps or country restrictions, and they are only permitted to total $10,000 per transaction. For customers who use Skrill to make withdrawals, there will be a fee equal to 1% of the total amount withheld.
If Vantage has good reason to think that the trading account could result in a loss or push the account below the required margin, Vantage reserves the right to refuse to process the withdrawal request. Additionally, they may cease processing the withdrawal request if there are reasonable grounds to believe that the withdrawal will leave the trading account with a negative balance.
How to withdraw funds from Vantage Markets
Log into the secure Vantage client portal
From the menu, pick the Withdraw tab.
Select the same payment method that you used for your initial deposits.
When it is chosen, click the withdraw button, enter the desired amount, and submit the request.
Possible withdrawal problems
Although Vantage Markets guarantees that its traders receive the best possible withdrawal service, traders should make sure they have addressed certain factors to prevent potential withdrawal issues.
Make sure your trading account is verified, as unverified accounts can result in delayed or non-processed withdrawals. Also, if the verification of your identity is incomplete, the withdrawal will not be successful, so ensure you have completed the verification process.
Ensure the balance on your account is enough to cover the requested amount plus any associated fees.
Inaccurate bank account information or payment details may result in unsuccessful withdrawal attempts. Double-check the information you provide to ensure accuracy.
Technical problems such as bugs in the software, connectivity issues, or system malfunctions at the broker or payment processor can cause withdrawal failures.
Open positions, unmet trading requirements, unfulfilled bonuses, and other trading limitations in your account
Suspicion of fraud or malicious activity
Note:
It is recommended that you get in touch with Vantage Market’s customer support if you have any questions concerning a withdrawal request that is currently in process. Vantage Markets customer service can assist with problems like delayed payments or tracking the progress of an active payment request.
FAQs
How long does Vantage take to payout?
Vantage Markets withdrawals may take one to seven business days. However, the payment method you choose will determine how many days it takes for the funds to arrive in your account.
Is Vantage real or fake?
Vantage is a real investment platform monitored by the Vanuatu Financial Services Commission (VFSC), the Australian Securities and Investment Commission (ASIC), and the Cayman Islands Monetary Authority (CIMA).
Do you pay a commission when withdrawing funds from Vantage Markets?
Vantage does not impose any internal fees on deposits or withdrawals, but payments to and from foreign financial institutions might be subject to intermediary transfer fees.
Can you withdraw money from Vantage?
Yes. Vantage clients can withdraw funds from their accounts using the withdrawal payment options available on the Vantage withdrawal page.
Team that worked on the article
Peter Emmanuel Chijioke
Contributor
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson
Developmental English Editor
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.