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  1. #1
    Active Member

    Can we withdraw profits to credit card? !!!

    I Just came to know from my broker that I can only withdraw the amount deposited from my credit card into the card. I cannot withdraw the profits. I cannot withdraw more than deposited amount. Is this true with other brokers?

  2. #2
    Master Member SeasaltMcFish's Avatar
    As far as I know, this is normal. Profits will have to be withdrawn with another method. Maybe you should ask your support about that.

    However, I don't use a credit card, so maybe I'm completely wrong about that

  3. #3
    Administrator Martin Kay's Avatar
    Quote Originally Posted by iyerkedar View Post
    I Just came to know from my broker that I can only withdraw the amount deposited from my credit card into the card. I cannot withdraw the profits. I cannot withdraw more than deposited amount. Is this true with other brokers?
    yeah we talked about it today on a different thread (;
    Totally normal
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  4. #4
    Specialist Member protrader's Avatar
    Yes, this indeed how it work an all brokers, you can not withdraw to your credit card more than you deposited.

  5. #5
    Legendry Member Michael Hodges's Avatar
    yeah, if you are lucky you can set up Paypal, Skrill or other eWallet for withdrawal otherwise I think the only other option is for wires, maybe you can get a check but probably wires.

  6. #6
    Rookie Member Guardian's Avatar
    Yeah, consider setting up a web wallet like Skrill or any other. For those are usually withdrawals fast and cheap compared to classical bank wire.

  7. #7
    Rookie Member Matthew H. Curry's Avatar
    If your broker allows you to deposit funds with Credit card, then obviously You will be able to withdraw your profits direct to your Card.

  8. #8
    Master Member Bogdan G's Avatar
    Quote Originally Posted by Matthew H. Curry View Post
    If your broker allows you to deposit funds with Credit card, then obviously You will be able to withdraw your profits direct to your Card.
    Not so obvious, I'd say.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  9. #9
    Legendry Member Michael Hodges's Avatar
    obviously he hasn't had the chance to withdraw more than his original deposit, I'd say....

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