Global Broker Regulation Inquiry App
WikiFX
Vongnarin 
1-2 years
Are there any withdrawal fees at BTSE?
Broker Issues
Fees and Spreads
07-09
United States
WikiFX
Reply
BTSE does charge withdrawal fees that vary by method. SWIFT withdrawals incur a 0.1% fee with a minimum fee of $25, while local bank transfers in the Philippines have a 0.2% fee and a $10 minimum charge. SEPA withdrawals are cheaper at 0.1%, with a minimum fee of 3 EUR. From my perspective, these fees can add up quickly, especially for frequent withdrawals. As a trader, I'd be cautious of the higher fees for international transfers like SWIFT and would try to use SEPA or local methods when possible to minimize withdrawal costs.
Similar Questions
What are the detailed fees of Tattvam Markets?
webgalaxy
06-26
Are there swap fees on TASTYFX?
JV1s24K_g0ld
07-18
Can you tell me what the typical spread is for EUR/USD when trading on a standard account with Midas Securities?
Thanh Thao
08-17
Can you tell me what the typical spread is for the EUR/USD currency pair on a standard account with Valuable Capital?
Moshiheya
08-10
Are there commissions?
schlaepfi
07-27