REFUND WITHDRAWAL POLICY

At www.tradefinancial.co.za   (the “Company”), we are committed to ensuring that your withdrawal request is processed as quickly and efficiently as possible.
Funds will only be transferred to an account under your name.

Verification Procedures

You are required to verify your identity before a withdrawal from your account is conducted. This validation process is to prevent potential fraud.

We may require you to provide one or more of the documents hereunder (“Verifying Documents”):

  • A copy of photographic ID: This can be in the form of a copy of a Passport, Driver’s License or National ID card. Specifically it is the photograph page of the ID that we require for our verification checks. Please ensure that your name, photograph and signature are visible on the document.
  • Credit/Debit Cards: A copy of the front and back of the credit/debit card(s) used to fund your account. Please ensure that all details are clearly legible to enable prompt and accurate verification. For security purposes, you should cover the middle eight digits on the front of the card and the 3-digit security code on the back of the card.
  • Proof of address: Eligible documentations that are used as an evidence of an address are the following: a utility bill or a credit card statement. It should be a document which approved your most recent as updated personal details, such as full name and address as registered on your account with us. (upon submission of a credit card statement, please cover the eight middle digits of the credit card.
  • Other documentation: under certain circumstances, we may also request additional documents not included in the list above
  • Notarised documentation: under certain circumstances, we may ask you to provide us with documents, which are authenticated by an appropriate qualified Notary/Solicitor and signed and stamped as proof of legitimacy.

Before requesting a withdrawal, please ensure the submission of the Verifying Documents with accordance to our demand.

In addition, in order to comply with the applicable, Know Your Client processes, and anti-money laundering regulations you may be required to go through additional verification procedures. These procedures may require you to provide us with additional information or documentation prior to releasing funds from your account.

Withdrawal Methods

Withdrawals of funds from your account are available through three methods: Credit Card, Bank Wire or Bitcoin Transfers.

 

Withdrawals or refunds are carried out by the same method the funds were deposited; For example: if you deposit money by a credit card, the withdrawal/refund will be transferred to the same credit card.

 

 

Credit Card:

  1. A credit card transfer is applied exclusively upon your deposit balance and excludes profits and bonuses.
  2. Given that numerous credit cards have contributed funds towards the same deposit balance, each credit card is entitled only to the equal amount that has been transferred by it.
  3. Under no circumstances will we return funds that have been deposited by one credit card to another.
  4. Moreover, any additional funds, such as profits or bonuses, can be withdrawn only via wire transfer and are subject to the conditions of the bonus policy.
  5. Please be advised that the minimum withdrawal amount is 100 USD/ EUR/GBP


Wire Transfer:

  1. Withdrawals of profits can only be conducted by a wire transfer.
  2. Withdrawals of the deposit by a Wire Transfer are carried out only when the funds have been deposited by this method.
  3. When the transfer inclines an exchange of currencies, the bank may require a longer period of time in order to complete the transaction.
  4. Please be advised that the minimum withdrawal amount is 100 USD/GBP/EUR.

Always consider our Bonus Policy upon request to withdraw a bonus.

 

Bitcoin:

  1. Only funds that have been deposited via Bitcoin can be transferred or returned via Bitcoin.
  2. The Bitcoin exchange rate will be determined by the rate at the time the transfer is processed.
  3. The bitcoin exchange will not be determined by the rate at the time of the exchange.
  4. Our exchange rates are as per determined on https://www.bitstamp.net.
  5. The minimum amount to deposit is the bitcoin equivalent of $250.
  6. Please Note: The company is not accountable to any loss that derives from a submission of a request that contains a wrong Bitcoin account details. It is at the sole responsibility of the Client to transfer to the Company accurate Bitcoin account details.

 

 

 

 

How Long Does It Take For A Withdrawal Request to be Processed

We require you to provide us with the Verifying Documents in order to expedite the withdrawal process. Thereafter, given that your identity is verified to a satisfactory extent, we will commence the withdrawal process.

Having submitted the Verifying Documents and once your identity is satisfactorily verified, approved wire transfer is forwarded to our bank. The estimated amount of time to receive your funds may vary according to your payment provider.

However, we estimate that a withdrawal, once approved by us, via wire transfer, credit card or Bitcoin, should take 7-10 business days.

 

Refund Terms & Conditions:

When you open an account with the Company the deposit will be charged from your credit card with an immediate effect.

If you are not satisfied with the Company’s trading platform, you have the right to apply for a refund of your current balance.

Your purchase, logins and memberships will be deactivated once you apply for a refund.

Before commencing with the refund process, the Company may request, at its sole discretion, for you to provide us with one or more of the Verifying Documents that are mentioned above.

Under the circumstances hereunder, a withdrawal fee of 50 USD may be deducted from your balance:

  1. Funds have been deposited but the account has not been activated.
  2. Funds have been deposited but no trade has been carried out.
  3. Number of transactions are lower / equal to the processing fees.
  4. The total fees of transactions are lower / equal to the processing fees.

Please consider that it may take up to 48 hours for our customer support team to approach your request. Our support team will contact you to confirm your request or to ask for additional information if necessary.

 

If you have any further inquiries, contact our support team via email at [email protected]

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RISK WARNING

CFDs trading carries a high level of risk and may lead to a loss of your invested funds. Therefore, CFDs trading may not be suitable for all investors. Traders should not invest money they cannot afford to lose. Prior to start trading, you are responsible for being aware and understand the risks associated with CFDs trading. Seek advice from a professional and independent financial advisor. Armenson Ltd., a company incorporated under the law of Vanuatu, with registration No. 14759, with registered address at PO BOX 1276, Port Vila, Vanuatu, Republic of Vanuatu shall not bear any liability whatsoever to any person or entity for losses or damage of any means relating to any transactions related to CFDs trading, whether direct, indirect, circumstantial, consequential or incidental actions resulting in damage or loss, whatsoever.

Tradefinancial.co.za is owned and operated by Armenson Ltd., a company incorporated under the law of Vanuatu, with registration No. 14759, with registered address at PO BOX 1276, Port Vila, Vanuatu, Republic of Vanuatu.