In this article, you’ll learn why withdrawal commissions may appear, how they are calculated, and what you can do to reduce the possibility of being charged.
Why may a withdrawal commission apply?
Olymptrade usually covers the basic fees charged by payment providers. However, an additional withdrawal commission may apply depending on how your account is used.
Some factors that may affect the commission include:
Frequent deposits and withdrawals within a short period
Low trading activity compared with the amount deposited and withdrawn
Multiple withdrawal requests within a short period
💡 Withdrawal commissions are calculated automatically based on your account activity.
How much can the withdrawal commission be?
The withdrawal commission may be up to 10%, depending on your account activity.
The exact commission is calculated automatically and may vary from one withdrawal to another.
Your bank or payment provider may also charge its own fees. These are separate from any commission applied by Olymptrade.
How can I reduce or avoid withdrawal commissions?
The following account activity may help reduce the possibility of a withdrawal commission:
Trade after making a deposit
Using your deposited funds for trading before requesting a withdrawal may help maintain a balance between your trading and transaction activity.
Avoid frequent withdrawal requests
When possible, consider consolidating your withdrawals instead of submitting several requests within a short period.
Avoid depositing only to withdraw immediately
Making a deposit and requesting a withdrawal shortly afterward without trading may affect whether a commission applies.
How will I know if a commission applies?
If a withdrawal commission applies, it will be displayed before you confirm your withdrawal request. Always review the withdrawal details before submitting your request.
💡 The commission is calculated automatically and cannot be adjusted manually.