Withdrawals

Perhaps you are cashing in on a profitable trade or trying out a new strategy; your money can be withdrawn from your trading account whenever you decide. Withdrawals are processed within 24 hours of submission of a withdrawal request from Monday to Friday (Public Holidays excluded).

Trading CFDs carries a high level of risk. It is possible to lose all your invested capital.

PROCESSING TIMES OF VARIOUS PAYMENT PROVIDERS

WIRE TRANSFERS
Withdrawal Option Withdrawal Time Withdrawal Fees
Banks 2-5 business days If applicable

Sheer Markets does not charge for bank wire transactions. However, the sending, correspondent, and receiving bank may charge according to their own fee structure. Sheer Markets accepts no responsibility for any such bank fees.

CREDIT CARDS
Withdrawal Option Withdrawal Time Withdrawal Fees
Visa 2-5 business days None
Mastercard 2-5 business days None

We cannot process withdrawal amounts that exceed the initial deposit or sum of all credit card deposits for credit cards. In case your withdrawal amount exceeds your initial deposit or the sum of all deposits by credit card, you will be entitled to receive the difference by wire transfer. For any further questions regarding your funds' withdrawal, please contact our back office at backoffice@sheermarkets.com.

ONLINE PAYMENT OPTIONS
Withdrawal Option Withdrawal Time Withdrawal Fees
Skrill Instant None
Neteller Instant None

• Withdrawals are processed within 24 hours, yet depending on the withdrawal method, funds may take up to 5 business days to reach your bank account.

• Sheer Markets does not charge any additional fees for deposits or withdrawals. However, you should be aware that you may incur fees on payments to and from some international banking institutions. Sheer Markets accepts no responsibility for any such bank fees.

• Sheer Markets shall not be held liable for any delay of processing if that is out of the control of Sheer Markets

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts suffer capital losses when executed on CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.