Withdrawing Funds from Your Trading Account
Withdrawing funds from your Tadawul FX Ltd. trading account is simple and secure. Tadawul FX supports multiple currencies and can send the funds to your PayPal account, Moneybookers account or your bank account.
To withdraw funds from your account please complete a Withdrawal Form and email it to
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or fax it to +357 25 37 37 83.
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Moneybookers
Description: A transfer from Tadawul FX Moneybookers account to client Moneybookers account.
Withdrawal Time: Up to 1 working day.
Tadawul FX Fees: None.
Moneybookers Fees: 0.50 EUR cents or 1% of the balance (whichever is smaller).
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Bank Wire Transfer
Description: A bank wire transfer from Tadawul FX bank account to client bank account.
Withdrawal Time: 2-4 working days to reach your bank account.
Tadawul FX Fees: None.
Bank Fees: For EUR 2,000 or less (or the equivalent in another currency): EUR 4.80 + 0.06% of the balance (minimum being EUR 5.00)
For EUR 2,001 or more (or the equivalent in another currency): EUR 9.60 + 0.06% of the balance (minimum being EUR 5.00 and maximum EUR 340.00).
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PayPal
Description: A transfer from Tadawul FX Ltd. PayPal account to Client PayPal account.
Withdrawal Time: Up to 1 working day.
Tadawul FX Fees: None.
PayPal Fees: 1.9% to 3.4% + €0.35 EUR per transaction. For more information about their fees, please contact PayPal.
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Important Notes:
- To comply with international money laundering regulations, Tadawul FX can only accept withdrawals that are requested by using the same method as was used for depositing those funds, and to the same account.
- Funds can be withdrawn to a bank account, Moneybookers account or PayPal account in your name only. Tadawul FX will not process any withdrawals to a third party.
- Tadawul FX can only withdraw funds to an account in the same country as the account where the funds were deposited from.
- All requests to withdraw funds are processed the same working day Tadawul FX receives the Withdrawal Form. If the form is received outside of the office hours (9:00-18:00 EET) Monday to Friday, on weekends or national holidays, the Withdrawal Form will be processed the following working day.
- Tadawul FX will always confirm to you by email when the funds have been withdrawn from your Tadawul FX account.
- Please note that some bank transfers go via an intermediary bank, which might apply additional charges. This is common bank practice, and as such Tadawul FX Ltd. has no control over these charges.