Withdrawing funds from a Mirrox account is a straightforward process designed to ensure ease and security for all users. Here’s a comprehensive guide on how to successfully request and manage withdrawals.
How to Request a Withdrawal
To initiate a withdrawal from a Mirrox account, follow these steps:
- Log in to Your Account: Access the Mirrox platform by entering your credentials.
- Navigate to the “Withdrawal” Section: Once logged in, locate and click on the “Withdrawal” section.
- Enter the Withdrawal Amount: Specify the amount you wish to withdraw.
- Submit the Request: Confirm and submit your withdrawal request.
Minimum Withdrawal Amounts
The minimum amounts for withdrawing funds vary based on the withdrawal method:
- Credit Cards: The minimum withdrawal amount is 10 USD.
- Wire Transfers: The minimum withdrawal amount is 100 USD.
- E-Wallets: Any amount that covers the associated fee is acceptable.
Withdrawing Funds with Open Trades
It is possible to withdraw funds even if there are open trades in your account. However, it is crucial to ensure that there is sufficient margin available to cover the withdrawal amount. Without adequate margin, the withdrawal request may not be approved.
Common Reasons for Withdrawal Rejection
A withdrawal request may be rejected for several reasons, including:
- Insufficient Balance: The account does not have enough funds to cover the withdrawal.
- Low Margin Level: The margin level is too low to allow for the requested withdrawal.
- Minimum Withdrawal Amount Not Met: The requested amount does not meet the minimum required for the chosen withdrawal method.
- Missing Documents: Required documents or verifications are incomplete or missing.
Tracking Withdrawal Status
To monitor the status of a withdrawal request:
- Log in to Your Account: Access your Mirrox account.
- Go to the “Withdrawal” Section: Navigate to the “Withdrawal” section to view the status of your request.
Cancelling a Withdrawal Request
If a withdrawal request has not yet been processed, it can be cancelled. This allows users to make adjustments or reconsider the withdrawal without penalty.
Processing Time for Withdrawals
Withdrawals from Mirrox typically take between 8 to 10 business days. The exact duration depends on the processing time of the user’s bank. It is advisable to plan accordingly and account for this processing period.
By following these guidelines, users can efficiently manage their funds and ensure smooth withdrawal transactions from their Mirrox accounts. For any issues or further assistance, the Mirrox support team is always available to help.
Image source: Contact Us Form on Mirrox