Withdrawals
Get your money when you want it without paying ridiculous fees to get it!
Whether you want to wire funds, get a check, send money via ACH or SEPA, our clients may take one free withdrawal every month. Yes, that does mean that we will send one wire for free every month (or via any of the other methods).1
After the first free withdrawal (of any kind) in a 30 day period, the following fees will apply for any subsequent withdrawal in that 30 day period:
Base Currency | Wires | Checks | ACH/EFT | SEPA |
CHF | 11.00 | N/A | N/A | N/A |
CZK | 300.00 | N/A | N/A | N/A |
DKK | 30.00 | N/A | N/A | N/A |
EUR | 8.00 | N/A | N/A | 1.00 |
GBP | 7.00 | N/A | N/A | N/A |
HUF | 6,000.00 | N/A | N/A | N/A |
NOK | 50.00 | N/A | N/A | N/A |
RUB | 330.00 | N/A | N/A | N/A |
SEK | 50.00 | N/A | N/A | N/A |
1Special circumstances requiring manual wires may incur additional fees however this is rare.
Withdrawal fees do not cover third-party fees. The account holder will be solely responsible for any fees assessed by a beneficiary or correspondent bank. In addition, processing fees charged by your bank or its correspondent bank, which are not included in our withdrawal fees, may be deducted from wire proceeds.
When considering fees please consider the overall low cost of trading, ultra low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade. We believe that we offer the lowest overall trading cost of any full service broker.
For information regarding fees please call us at 1-919-719-7200.