If you have not made a
withdrawal in the past, please note:
Withdrawal requests cut off time is 12:00 AEST/AEDT. If your withdrawal is submitted
before this time it will be processed on the day of receipt. If your withdrawal is
submitted after this time it will be processed on the following business day.
Capital One Financial Corp. does not charge any additional fees for deposits or withdrawals. You should
however be aware that you may incur fees, such as intermediary fees, on payments to
and from some international banking institutions. Capital One Financial Corp. accepts no responsibility
for any such bank fees.
Please note:
When it comes to withdrawals involving tax matters, you may need to report and pay relevant taxes to the tax authority in your country (such as the Internal Revenue Service (IRS) in the United States, Her Majesty's Revenue and Customs (HMRC) in the United Kingdom, the Australian Taxation Office (ATO), etc.). This may involve income tax, capital gains tax, or other taxes, depending on your trading activities and personal financial situation.
It's worth noting that COF, as a broker, may withhold some taxes on your behalf, but you are still responsible for paying the remaining tax before a successful withdrawal can be made. Please remember that funds are not withdrawn directly from the profit account; rather, withdrawals are processed after tax obligations have been fulfilled.
When it comes to withdrawals involving tax matters, you may need to report and pay relevant taxes to the tax authority in your country (such as the Internal Revenue Service (IRS) in the United States, Her Majesty's Revenue and Customs (HMRC) in the United Kingdom, the Australian Taxation Office (ATO), etc.). This may involve income tax, capital gains tax, or other taxes, depending on your trading activities and personal financial situation.
It's worth noting that COF, as a broker, may withhold some taxes on your behalf, but you are still responsible for paying the remaining tax before a successful withdrawal can be made. Please remember that funds are not withdrawn directly from the profit account; rather, withdrawals are processed after tax obligations have been fulfilled.
Credit / Debit Card withdrawals* are processed free of charge. Once processed,
Credit / Debit Card withdrawals may take 3-5 business days to reach you credit card.
You should however be aware that in some rare occasions, this may sometimes take up
to 10 business days depending on the banks end.
*Please note Credit card withdrawals may not be available for all countries
*Please note Credit card withdrawals may not be available for all countries
Safecharge withdrawals can only revert the amount deposited. You may select another
deposit method used previously or bank transfer method to withdraw.
Paypal / Neteller / Skrill withdrawals must be made from the same account from where
the funds were sent initially. These transactions are processed free of charge and
are instant once processed.