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RoboForex Withdrawal: Fees, Free Tuesdays and Processing Times
RoboForex processes withdrawals within two business days, and fees depend on the method, from 1% on Skrill to up to 2.6% plus $1.30 on cards. But on the second, third and fourth Tuesday of each month, your first withdrawal is free. Here is how to withdraw at RoboForex and save on fees.
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RoboForex's Help Center says it processes withdrawal requests within two business days, between 9:00 and 18:00 Eastern European Time, and that the payment system may need extra time after that. Unlike deposits, withdrawals carry fees that depend on the method. RoboForex softens this with a standing offer: on the second, third and fourth Tuesday of every calendar month, the first withdrawal you make that day is free of commission.
Withdrawals are only available once your account is verified.
| Processing | Within 2 business days, 9:00 to 18:00 EET |
|---|---|
| Free withdrawals | 2nd, 3rd and 4th Tuesday, first withdrawal |
| Minimum | None from RoboForex |
| Skrill fee | 1% |
| Card fee | Up to 2.6% + $1.30 |
| Requirement | Verified account |
Fees and times by method
| Method | Withdrawal fee | Time | Limits |
|---|---|---|---|
| Skrill | 1% | Up to 1 day | $1 to $100,000 |
| Neteller | 1.9% | Up to 1 day | $5 to $100,000 |
| STICPAY | 2.5% + $0.30 | Up to 1 day | $10 to $49,999 |
| Local bank transfer | Up to 4% | Up to 1 day | Up to $20,000 |
| Visa, Mastercard, JCB | Up to 2.6% + $1.30 | Up to 10 days | $10 to $10,000 |
Figures from RoboForex's deposits and withdrawals page; times are in working days. The exact fee is shown on the withdrawal page once you pick a method.
Free withdrawal Tuesdays
RoboForex's free-withdrawal program runs permanently. On the second, third and fourth Tuesday of each calendar month, all day in server time, each client can make one withdrawal with no commission, by any payment system. Only the first withdrawal on those days is free. RoboForex reserves the right to deny the service at its discretion.
| Withdrawal | Normal Skrill fee (1%) | On a free Tuesday |
|---|---|---|
| $200 | $2 | $0 |
| $1,000 | $10 | $0 |
| $5,000 | $50 | $0 |
Plan withdrawals for the second, third or fourth Tuesday and make one larger withdrawal rather than several small ones.
How to withdraw
- Log in to the Members Area and open Withdraw Funds.
- Select the trading account.
- Choose the payment system and click Go to.
- Enter your trading account password and the amount.
- Confirm with the code sent to your email, phone or app.
Withdrawing from the Wallet
You can also move profits from trading accounts into the RoboForex Wallet (USD, EUR or gold) and withdraw from there. Transfers between your accounts and wallets in different currencies are converted at RoboForex's internal rates. Sending money to other clients isn't possible. Our RoboForex minimum deposit guide explains the Wallet.
Copy trading withdrawals
Investors in RoboForex's Copy Trading Service can withdraw at any time, even with an active subscription. The exception is any commission already reserved for the Trader but not yet paid; it stays locked until the next payout or until you cancel. Our RoboForex copy trading guide explains the fees.
Security checks
Withdrawals can only be made after logging in to the Members Area, entering the account or wallet password, and completing extra confirmation by email, SMS or an authenticator app. With two-factor authentication on, every withdrawal needs that second code too. This slows attackers more than it slows you.
Checklist
- Make sure your account is fully verified.
- Check free margin if positions are open.
- Pick the cheapest method available in your region.
- Use a free Tuesday for your main withdrawal.
- Keep the confirmation email.
Planning withdrawals around the calendar
Because the free withdrawal applies to the first withdrawal on the second, third and fourth Tuesday of each month, it pays to plan. Decide on a regular withdrawal day, check that your account is verified and that the amount isn't tied up as margin, and make one withdrawal rather than several small ones.
Remember that RoboForex processes requests on business days between 9:00 and 18:00 EET. A request made late on a Tuesday may be processed the next day, though the free status depends on the day you submit it, in server time. Card withdrawals can take up to 10 working days to arrive, so e-wallets are faster if you need the money quickly.
Fees on small withdrawals
Fixed parts of fees hurt small withdrawals most. A $20 card withdrawal at 2.6% plus $1.30 costs about $1.82, or 9%. The same withdrawal on a free Tuesday costs nothing. If you trade a small account, saving withdrawals for the free days makes a real difference to what you keep.
Withdrawal limits
RoboForex sets no minimum withdrawal of its own, but each method has limits: Skrill from $1 to $100,000, Neteller from $5 to $100,000, cards from $10 to $10,000 and local bank transfers up to $20,000. Larger withdrawals may need to be split across several requests or methods, and only the first on a free Tuesday is free.
Withdrawing with open positions
Withdrawing reduces equity, which lowers your margin level. If you have open trades, check that the withdrawal won't push your margin level towards your account's stop out, which ranges from 30% on ProCent to 100% on Prime. When in doubt, close or reduce positions first.
Small habits add up: verify early, withdraw on free Tuesdays, use your cheapest method and keep confirmations. Together they keep more of your profit in your own account.
If a withdrawal hasn't arrived after the method's stated time, contact support with the request date and amount, and keep the reply.
RoboForex's withdrawal fees are higher than at many brokers, but the three free Tuesdays a month change the maths completely. A trader who withdraws once a month on the right day pays nothing.
Ifeanyi wanted to withdraw $1,200 from RoboForex by Skrill, which would cost $12. He waited four days for the second Tuesday of the month, made a single withdrawal, paid no commission, and received the money the next working day.
Frequently asked
How long do RoboForex withdrawals take?
RoboForex processes requests within two business days, 9:00 to 18:00 EET. E-wallets usually arrive within a day; cards can take up to 10 working days.
Does RoboForex charge withdrawal fees?
Yes, by method: for example 1% on Skrill, 1.9% on Neteller and up to 2.6% plus $1.30 on cards.
When are RoboForex withdrawals free?
On the second, third and fourth Tuesday of each month, for the first withdrawal that day.
Is there a minimum withdrawal at RoboForex?
RoboForex sets no minimum, though payment systems may.
Can I withdraw before verifying my RoboForex account?
No. Withdrawals are only available to verified clients.
Can I withdraw while copy trading?
Yes, except any commission reserved for the Trader but not yet paid.
Can I send money to another RoboForex client?
No. Transfers only work within your own Members Area.
Which RoboForex withdrawal method is fastest?
E-wallets such as Skrill and Neteller are listed at up to one working day; cards can take up to 10 working days.
Does the free withdrawal work with any method?
Yes. RoboForex says one free withdrawal per free day applies to any payment system.
Is there a maximum RoboForex withdrawal?
Limits depend on the method, such as up to $100,000 by Skrill or $10,000 by card.
Do RoboForex withdrawal times include weekends?
No. Processing times are given in working days, and weekends and holidays don't count.
What if my RoboForex withdrawal is late?
Contact support with the request date, amount and method once the stated processing time has passed.
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