TradersTrust: TTCM Withdrawal methods and fees from overseas FX accounts

TradersTrust

We have summarized and explained the withdrawal methods (credit card, Bitcoin, bank transfer) and fees from TradersTrust (TTCM) FX account. All withdrawal fees are free at TradersTrust. We also support bank transfers, BitWallet, and even credit cards, all of which require withdrawals to be processed via a wallet account.

What is a wallet account? Functions and features

When opening a TTCM account, I created a wallet account. TradersTrust has an account called a wallet account that is dedicated to managing funds, and the system is to transfer money from this account to each account number. The funds in your wallet account are not used as margin, so there is no risk even if you lose a trade and your balance becomes zero. I will explain with images how to transfer and confirm funds from your wallet account. You can transfer funds by clicking “Fund Management” from the left menu on the member page.

By moving funds from the source wallet account to the trading account from this screen, the margin will be reflected in the trading account, reflected in the balance, and you can trade. When withdrawing money, do the opposite.

Source : https://www.traders-trust.com/

TradersTrust withdrawal methods and fees list

We have compiled a comparison list of TradersTrust withdrawal methods. Bank transfers are only in Japanese yen (JPY) and can only be made on business days, so it may take up to 3 days on weekdays. Bitwallet, credit card, and debit card are also supported. These correspond to Japanese yen, dollar (USD), and euro (EUR). The maximum withdrawal amount and upper limit are unlimited, which is a benefit as the restrictions are quite lenient compared to overseas FX companies. The minimum withdrawal amount is 5000 yen.

Min DepositMax DepositCommissionCurrencyReflect
Bank Transfer5000yenUnlimitedFreeJPY~3 days
bitwallet5000yenUnlimitedFreeJPY,USD,EUR~3 days
Credit/Debit Card5000yenUnlimitedFreeJPY USD EUR~20 days
Crypto5000yenUnlimitedFreeBTC、USDT~3 days

TradersTrust fees are basically free, but there may be charges depending on where you use the service. Bank transfers may be subject to bank charges. For withdrawal methods, please log in and select withdrawal from the left menu on the home page.

Source : https://www.traders-trust.com/

Credit card/debit card withdrawal

For credit card/debit card withdrawals, enter the withdrawal application page. We accept VISA, JCB, and MasterCard. Please select and enter “Account”, “Amount”, “Card Type”, “Expiration Date”, “Card Number”, “Card Issuing Bank”, and “Reason for Remittance”. Once all information has been entered and selected, click “Submit”. It will take up to 20 days.

Source : https://www.traders-trust.com/

Withdrawal to bitwallet

Enter the withdrawal application page. Please enter “Account”, “Amount”, “BitWallet Account Name”, “BitWallet Account Registration Email Address”, and “Reason for Remittance”. It will take up to 3 days. Also, please obtain a bitwallet account in advance.

Source : https://www.traders-trust.com/

Withdrawal by bank transfer

Currently, withdrawals via bank transfer are only available in Japanese yen, and are only accepted at financial institutions and banks in Japan. “Account”, “Amount”, “Bank name (name of bank to be withdrawn)”, “Bank account number”, “Bank account name”, “IBAN”, “SWIFT”, “Bank address”, “City”, “Country”, “Reason for remittance” Please enter. The receiving bank will require a SWIFT code. The remittance will be completed within 3 to 5 business days.

Source : https://www.traders-trust.com/

virtual currency withdrawal

Virtual currency withdrawals are supported in Bitcoin (BTC) and Tether (USDT). First, obtain a wallet address to send money to. You can send money by pasting this address here. Please enter “Reason for remittance” using half-width alphanumeric characters.

Source : https://www.traders-trust.com/

Causes and solutions if you cannot withdraw money

If there is a reason why you are unable to withdraw money, we have summarized the following as a customer guide and frequently asked questions. I hope you find this helpful. If you have any questions, please contact support online for more information. If this is your first time, please check the terms of use and rules on the official website.

Private cards cannot be used

As a condition, we only process credit and debit cards such as VISA, JCB and MasterCard. AMEX, Diners, etc. are not supported, and prepaid cards cannot be used.

I haven’t paid with a credit card

If you make a request without making a deposit using the same credit card, you will not be able to withdraw the money. There is also a possibility that the card company providing the payment has blocked the payment and the payment has been declined. Please contact your credit card company first.

Card has expired

Expired credit and debit cards cannot be used at any time. In that case, please purchase a different official card and complete the procedure.

What if the names are different?

To prevent money laundering, TTCM will refuse to process the deposit if the name of the registered account holder is different from the name of the bank account or credit card holder. In fact, since the purpose is to prevent the circulation of illicit funds, strict compliance must be observed when making deposits.

Copy and paste error in remittance address

There are cases where virtual currency deposits could not be made due to a copy/paste mistake in the remittance address. In this case, you may lose all your funds. Please contact the virtual currency exchange from which you sent the money.

Is there a possibility that the withdrawal will be refused?

In the latest version, there has never been an intentional withdrawal refusal. However, if you trade in violation of prohibited items, violate the rules, or violate the terms and conditions, your account may be frozen and you may not be able to withdraw your money. This also applies to other brokers.

Is it possible to withdraw during trading?

It is possible to withdraw new profits while trading financial products on business days, but it is risky. If a withdrawal occurs with a lot or position in the currency, the margin will be reduced later. Therefore, there is a risk of incurring large losses due to forced stop-loss cuts. Traders should first check the trade status using MT4 trading tools or ctrader. When it comes to foreign exchange, be careful about swap points, etc.

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