Taking your money out
What you learn in 3 minutesThis lesson follows one withdrawal from the moment you tap withdraw to the moment the money lands in your bank. You will see which step holds the money, how long each step usually takes, and which checks can stop a payment. A worked example uses ₹ figures on a USD/INR position at around 83.2500 so you can see how a small cost adds up.
One withdrawal of ₹25,000 by local method
| Step | Amount | Note |
|---|---|---|
| Amount requested | ₹25,000 | the figure you type into the withdrawal form |
| Broker review | 0-1 working day | checks that the request matches your account name and settled funds |
| Payment partner processing | 1-2 working days | the partner moves the money to your bank or UPI handle |
| Bank or UPI credit | same day to 1 working day | depends on your bank's own cut-off times |
| Typical total | 1-4 working days | the sum of the steps above; weekends and public holidays add days |
| Fee | varies by broker | some charge a fixed fee, some charge nothing, some pass on bank charges |
| Amount you may receive | ₹25,000 minus any fee | the fee is deducted before the money leaves the broker |
The broker may round currency conversions, apply a fee, or quote a different exchange rate on the day. Check the withdrawal page before you confirm.
The mistake people make here
Many people request a withdrawal and then assume the money has failed when it has not arrived within a day. The route has several steps, and each one can hold the payment while a routine check runs. A common cause of delay is a name mismatch: the bank account or UPI handle must match the name on the trading account, and a small difference can send the request back for review. Another cause is unsettled funds, because money from a recent trade may not be free to withdraw yet. Instead of sending a second request, wait for the stated time range, then check the withdrawal status page and contact support with the reference number if it has passed.Check yourself
You request ₹25,000 and your broker charges a flat ₹150 fee. How much reaches your bank before any bank charge?
₹25,000 minus ₹150 equals ₹24,850.
A withdrawal is requested on Friday afternoon and the broker takes 1 working day, the partner takes 2 working days, and the bank takes 1 working day. When might the money arrive?
The steps add up to 4 working days. If the weekend is not a working day, the money may arrive on the following Thursday, depending on the bank's cut-off times.
You hold one standard lot of USD/INR and the price moves 20 pips in your favour. What is the gross profit in ₹?
One pip on one standard lot of USD/INR is ₹10, so 20 pips is 20 times ₹10, which equals ₹200 before any costs.
In India
- Regulator
- SEBI
- Common withdrawal methods
- UPI and bank transfer
- Typical processing time
- 1-4 working days, depending on the broker and bank
- Name check
- The bank account or UPI handle must match the name on the trading account
- Fees
- Vary by broker; some charge nothing and some pass on bank charges