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If you have any payouts available, you can request the payouts from the “Payouts” tab in the dashboard.
Once you request the withdrawal, the team will review your account. If the withdrawal request is approved, then we will process the payout to your OGM USD Landing account.
You can withdraw the funds from your OGM USD Landing account or you can transfer the funds to your other account and use the money to trade in your OANDA brokerage account.
What is the minimum payout amount?
Are there any restrictions on payout requests?
When can the funds be used as margin?
What should I keep in mind before making a withdrawal request?
How to create a Bank Account Profile
Withdrawing by bank or wire transfer
How can I withdraw funds from my account?
How to transfer funds between landing and trading accounts?
What is the minimum payout amount?
- For Classic account plans, the minimum payout is $200.
- For Boost account plans, the minimum payout is 2% of the initial balance.
For example:
- $200 for the $10k plan
- $1,000 for the $50k plan
- $2,000 for the $100k plan
This is the minimum amount a signal provider can request as a payout. The actual amount paid to the signal provider’s OANDA Global Markets account will then be adjusted according to the profit share percentage.
Are there any restrictions on payout requests?
Yes, there are minimum time requirements between payout requests:
- At least 14 calendar days must have passed before the first payout request.
- Subsequent payout requests can only be made after 14 calendar days from the previous request.
What is the payout cycle?
- Normally, payouts for profit share (signal provider fees) are processed within one week from the approval date.
- If a payout cannot be processed on the scheduled payment date, it will be paid on the next available payment date.
When can the funds be used as margin?
Funds transferred into your OANDA Global Markets account must fully clear before they can be used as margin, as outlined in the Company’s Terms of Business.
What should I keep in mind before making a withdrawal request?
- As we may sometimes need to contact you about your payouts we encourage you to closely monitor your email inbox (including your junk folder).
- You can request withdrawals from your OGM Landing Account by the following payment methods:
- Bank or wire transfer
- Neteller
- Skrill
- You will need to submit a Bank Account Profile before you can submit the withdrawal request in CurrentDesk portal.
- Withdrawals with over US$9000 in aggregate are subject to due diligence clearance as per this guideline.
- Payouts will be made in USD.
If you are a Signal Provider based in South Africa, your withdrawal options from your OGM Landing Account are limited to Bank or wire transfer. For further details, refer to the guidelines on how to withdraw via bank or wire transfer.
How to create a Bank Account Profile
We will need confirmation that you are the owner of the bank account. Please refer to the OGM Add bank account page for more information.
Payouts by Neteller
You will typically receive the payout within one business day.
Please take note that your financial institution may take additional time to complete your payouts.
Withdrawal fees
You may incur exchange fees levied by Neteller in addition to their withdrawal fee.
- Neteller accounts must be held in the same name and at the same address as in our records for a payment to be successful
- Neteller members must be fully verified to be able to make a successful payment
- Neteller corporate payments are not allowed
Payouts by Skrill
You will typically receive the payout within one business day.
Please take note that your financial institution may take additional time to complete your payouts.
Withdrawal fees
If your e-wallet account is denominated in a currency other than your accounts-based currency (for example USD), you may incur exchange fees levied by Skrill in addition to their withdrawal fee.
- Skrill accounts must be held in the same name and at the same address as in our records for a payment to be successful
- Skrill members must be fully verified to be able to make a successful payment
- Skrill corporate payments are not allowed
Withdrawing by bank or wire transfer
Please refer to the OGM Withdrawing by bank or wire transfer for more information.
How can I withdraw funds from my account?
Please refer to the OGM How can I withdraw funds from my account for more information.
How to transfer funds between landing and trading accounts?
If you would like to utilize the funds for trading in your OANDA brokerage account, please refer to the OGM How to transfer funds between landing and trading accounts?.