Get Saxo Capital Markets Withdrawal Request

Funds received from any third party accounts will be returned (less bank charges) to the sender. The funds should typically reach the sender's account within 5 to 10 working days, however, there may be a delay depending on the banks involved.

The proceeds from shares sold or positions exited are only available for withdrawal after the trades are settled. The settlement cycle for all the instruments traded on the Indian exchanges is T+1 day, where T stands for the trading day. Hence, the funds will be available for withdrawal after T+1 day.

Processing fee Saxo Markets does not charge any fees for withdrawals submitted via the Online Cash Withdrawal Module. However if you do have access to the Online Withdrawal Module but are submitting a withdrawal request via the manual Funds Withdrawal Form, a processing fee of SGD 50 will be applied.

How long does it take to process an account withdrawal? Withdrawals done over the platform will be processed the next business day (T+1) if requested before 14:00 CET and T+2 otherwise.

At Saxo Bank, the only available option to withdraw money to your account is via Bank transfer. Remember, you can only withdraw funds to accounts that are in your name.

Saxo Bank is considered highly trusted, with an overall Trust Score of 99 out of 99. Saxo Bank is not publicly traded, does operate a bank, and is authorised by six tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

The duration of physical withdrawal is typically three to five days; however, emotional withdrawal can be much longer. Some symptoms can be present for many months. Withdrawal symptoms can range widely and include depression, anxiety, anorexia, insomnia, and even suicidal thoughts or death.

At Saxo Bank, the withdrawal process is usually executed within 1 day.