Rules for Deposits and Withdrawals (WD Rules)
Our Withdrawal Policy (WD) at PhenixTrustltd applies to all deposits and withdrawals made by our esteemed customers. To fully utilize trading opportunities and potentially generate profits, it's imperative to deposit funds into your online account. Any accrued profits can be easily withdrawn from the account. It's crucial to comprehend that both deposits and withdrawals are governed by our WD policy, along with the standard terms and conditions applicable to all transactions.
DEPOSITS
To commence trading on PhenixTrustltd, it's essential that all deposits originate from a single source in your name and country of residence, such as a bank account. SWIFT confirmation is required to verify funds and determine their source for trading purposes. Failure to comply with this WD (Withdrawal) policy may lead to restrictions on depositing funds via bank transfer. Additionally, if there are no account transactions within three (3) months, a monthly deduction of 10% will be applied. Regular login and active participation in trading activities are necessary to avoid this deduction.
Withdrawals notice
Please take note that withdrawals from your account must be executed using the same credit card, bank account, or crypto wallet that was originally employed to make the deposit. This stipulation adheres to the laws and regulations governing our operations. Withdrawals will be processed in the currency of the initial deposit, unless otherwise specified. It's imperative to understand that utilizing different payment methods for deposits or withdrawals may incur additional fees and trade restrictions. Kindly keep this in mind when conducting transactions.
Moreover, when withdrawing funds, a payment processing fee will be levied, which will be deducted from the transferred amount. For comprehensive details regarding the fee structure, extensive information is available on our PhenixTrustltd platform.
Additionally, PhenixTrustltd reserves the prerogative to transfer funds to an alternate account other than the one used for the deposit, provided it adheres to anti-money laundering regulations. As part of our compliance procedures, you may be requested to furnish additional information and documentation during the withdrawal process. Please rest assured that these measures are implemented to ensure the security and legality of all transactions.