Method and types of withdrawals

withdrawals

GEMFOREX wants to shorten the time consumed from account opening until the time you can start trading as much as possible. We support your desire to 「Start Now!」and we also think that this is important in the withdrawal process.

Also, since we have segregated management of the same amount of funds as our customer’s operating funds, so that even first time in overseas Forex can deal with confidence. Also with regard to withdrawals, we will carry out directly from the same account in order to carry out more quickly and smoothly.

Bank Transfer

Type Base Currency Transaction fee Minimum Transfer time
Bank Transfer USD none * $1〜 From 3 to 5 working days
For all withdrawal routes you can withdraw by bank remittance. Please click on the “Withdraw Now!” button once you have logged on. All withdrawals from US dollar accounts will be converted.

Neteller Settelement

Type Base Currency Transaction fee Minimum Transfer time
Neteller Settelement JPY/USD none $1〜 From 2 to 3 working days
For all withdrawal routes you can withdraw by bank remittance. Please click on the “Withdraw Now!” button once you have logged in.
Maximum withdrawal amount is 5,000USD(500,000JPY) per month.
For withdrawals that exceed that amount, we instruct a wire transfer to a specific bank or wait until next month.
Skrill Settelement
Type Base Currency Transaction fee Minimum Transfer time
Skrill Settelement JPY/USD none $1 From 2 to 3 working days
For all withdrawal routes you can withdraw by bank remittance. Please click on the “Withdraw Now!” button once you have logged in.
Maximum withdrawal amount is 5,000USD(500,000JPY) per month.
For withdrawals that exceed that amount, we instruct a wire transfer to a specific bank or wait until next month.

bitcoin Settlement

Type Base Currency Transaction fee Minimum Transfer time
Bitcoin Settlement bitcoin Free 0.1BTC From 1 to 3 working days
Cancellation / refund after remittance to the designated BTC address has been completed will not be accepted at all. Please take appropriate care to the BTC remittance destination address specifications.
BTC allowable withdrawal amount: 30,000.00 USD

bitwallet Settlement

Type Base Currency Transaction fee Minimum Transfer time
bitwallet Settlement JPY, USD Free $1 From 1 to 3 working days
USD is converted to JPY.

GEMFOREX does not accept withdrawal requests made in the name of a third party. Withdrawals must be made in the name of the account holder. Withdrawal requests made by a third party will be rejected.

From the viewpoint of cash and money laundering of credit card use, at the time of your withdrawal request, we are allowed to obligate for the submission of the surface image of all of the credit cards you have used (for card number confirmation).
* The image of the description of the security code at the back is not necessary.
Since there is a specifications that withdrawal request is not allowed in case our certification is not completed, We ask for your understanding in doing the procedure.

Also, for those who made payment in credit card, if you apply for withdrawal without doing any trading at all, due to the prevention of cashing credit card frame purpose and the like, since permission from card companies will be required, we ask for a little time. And, in case of payment exceeding a total of 50,000 yen from credit card, the same applies if you apply for withdrawal in several transactions. We hope for your acknowledgment. Thank you.

Those who have made a credit card deposit and have not made any trades at all, due to credit card fraud prevention, and because you need to advise you credit card company, we ask for a little extra time in processing.

Our company does not charge withdrawal fees for the first withdrawal per month, subsequent withdrawals are charged 2%. Please be aware that some banks charge reception fees for transfers, please check with your bank. Although transfer fees are absorbed by the company, if you withdraw funds without even placing one trade, transfer fees may be at your charge.(In case of withdrawal without making any transaction after making a deposit, we will ask for the fee (4500 yen) related to the withdrawal at your expense.)

Furthermore, for withdrawals from your trading account, please log in and go to My Page, then go to the Menu and click Withdrawal (Refund), choose your method of withdrawal and complete the necessary steps and confirm.