At Eurotrader, we ensure that withdrawal transactions are secure, transparent, and efficient.
A document verification is required for withdrawals via bank transfer. This is a key part of our security measures to protect your funds and prevent unauthorized transactions.
Required documents for bank transfers
To process a bank transfer withdrawal, you must upload:
✔ A bank statement issued within the last 3 months
✔ The statement must show you as the account holder
✔ It must include your bank account number (IBAN), name, and address
Why do we require documents for withdrawals but not deposits?
This is a common question, and the reason is security and fraud prevention:
- Deposits: When you make a deposit, your bank already verifies the transfer and confirms the source of funds.
- Withdrawals: We must verify that funds are being sent to the rightful account owner, ensuring that only you can withdraw from your account.
Our policy on third-party transactions
As per our terms:
Eurotrader does not accept or process payments to or from third-party accounts.
This means:
🔹We only process withdrawals to accounts in your name
🔹We verify account ownership before sending funds
🔹This policy protects you and our platform from fraud
How we process your withdrawal
Once you submit your bank statement:
🔹Our team reviews and verifies your information
🔹 If everything matches our records, we process your withdrawal
🔹 If additional verification is needed, we will contact you directly
🔹 Your withdrawal is processed within standard timeframes
Protecting your privacy
We respect your financial privacy. You may:
🔹 Redact transaction details from your bank statement
🔹 Hide account balances
🔹 Ensure that only the required details (name, IBAN, address, and date) remain visible
Security first: your funds, your protection
While this verification step may seem like an extra step, it ensures that your funds are sent securely and only to you. Our goal is to provide a safe and compliant trading environment for all our clients
Need help? Contact our support team for withdrawal assistance!