6 minute read
How to Withdraw Money from Pocket Option to Bank Account
from Pocket Option
Withdrawing your funds from Pocket Option to your bank account should be a simple, transparent process—but for many new traders, it can seem confusing. In this guide, we’ll go straight to the point: how to withdraw money from Pocket Option to your bank account, what requirements you must meet, and how to avoid common issues.
Whether you're a beginner or an experienced trader, this step-by-step article will help you complete your withdrawal securely and without delays.
💥 Trade with Pocket Option now: Open An Account or Visit Brokers 👈
Can You Withdraw Money from Pocket Option to a Bank Account?
Yes, you can withdraw money from Pocket Option to your bank account. Pocket Option supports multiple withdrawal methods, including bank transfers, e-wallets, crypto, and cards. However, the availability of each method depends on your country and the verification status of your account.
If you're looking to move profits from Pocket Option directly to your bank account, the process is straightforward—but only if you meet the basic requirements and follow the official procedure.
Requirements Before You Withdraw
Before you can withdraw funds to your bank account, ensure the following conditions are met:
You’ve verified your identity.
You’ve verified your email and phone number.
Your trading account has sufficient available balance.
You are not violating any of Pocket Option's terms of service.
You’ve used a payment method in your name for deposits.
💡 Note: If you deposited using a method not under your name (e.g., a card or account belonging to someone else), you may face withdrawal restrictions or even account limitations.
Step-by-Step: How to Withdraw Money from Pocket Option to Your Bank Account
Let’s walk through the exact steps to transfer your funds from Pocket Option to your bank account:
1. Log into Your Pocket Option Account
Start by logging into your official Pocket Option trading account via browser or mobile app. Always use a secure network and avoid public Wi-Fi for financial transactions.
2. Complete Identity Verification (If Not Done Already)
Pocket Option requires identity verification before allowing withdrawals. You’ll need to upload:
A government-issued ID (passport, driver's license, or national ID).
A proof of address (utility bill, bank statement, or official government letter dated within the last 3 months).
To verify:
Go to Profile > Verification.
Follow the steps and upload the necessary documents.
Wait for approval (usually within 24–72 hours).
✅ Tip: Make sure the documents are clear and readable. Any blurry images or mismatched information will delay the process.
3. Navigate to the Withdrawal Section
Once verified:
Click on your account balance or go to Finance > Withdrawals.
You’ll see a list of available withdrawal options.
4. Select ‘Bank Transfer’ as Your Withdrawal Method
If “Bank Transfer” is available in your country, you’ll find it listed among the options. Click it to begin the withdrawal request.
If you don’t see “Bank Transfer,” try using an e-wallet like Skrill or Perfect Money, then transfer to your bank from there.
💥 Trade with Pocket Option now: Open An Account or Visit Brokers 👈
5. Enter Withdrawal Amount and Bank Details
Fill in the following:
Withdrawal amount: Make sure it meets the minimum withdrawal threshold (usually $10).
Bank name
Account number
SWIFT/BIC code
Bank address
Account holder name (must match your ID and Pocket Option account)
⚠️ Double-check all the bank information. Mistakes can lead to failed transfers or long delays.
6. Submit the Withdrawal Request
Once all details are entered, click "Request Withdrawal". You’ll receive an email or SMS confirmation—approve it to proceed.
7. Wait for Processing
Withdrawals are typically processed within 1–3 business days. However, bank transfers may take 3–7 business days depending on your country and bank.
You can track the status in Finance > Transaction History.
Withdrawal Fees and Limits
Minimum withdrawal: $10 for most methods.
Bank transfer fee: Varies by region. Some transfers are free; others incur a 0.5% to 2% fee or flat fee (~$10–$50).
Maximum withdrawal: Depends on your account status and method used.
Pocket Option does not charge internal fees for most withdrawals, but your bank may charge intermediary or currency conversion fees.
Common Withdrawal Problems (and How to Avoid Them)
🔴 Problem: “Withdrawal Declined”
Cause: Unverified account, suspicious activity, or mismatched bank info.Solution: Re-verify documents, check for typos, and ensure your bank details match your ID.
🔴 Problem: “Method Unavailable”
Cause: Your country or region doesn’t support direct bank withdrawals.Solution: Use an e-wallet like Skrill, Neteller, or Perfect Money, then transfer to your bank.
🔴 Problem: “Delayed Transfer”
Cause: Bank holidays, incorrect SWIFT code, or review in progress.Solution: Contact Pocket Option support if delay exceeds 7 business days.
Best Practices for Smooth Withdrawals
Use the same method for deposit and withdrawal if possible. It reduces security checks.
Avoid using third-party accounts. Your bank account must be in your name.
Withdraw small amounts first to test the system if you're new.
Contact support quickly if something seems off. They respond fastest via live chat.
Avoid withdrawing on Fridays or before holidays. Banks process slower during weekends.
Is It Safe to Withdraw from Pocket Option to a Bank Account?
Yes, Pocket Option is regulated by the IFMRRC and follows KYC/AML policies. While it’s not as strictly regulated as major brokers under SEC or FCA, Pocket Option is generally considered safe for withdrawals—provided your account is verified and you follow the rules.
However, always:
Keep your account credentials secure.
Monitor for phishing or scam emails.
Never share your password or 2FA codes.
Can You Withdraw Without Verification?
No. Pocket Option requires full verification (ID and proof of address) before processing bank withdrawals. Attempts to bypass this will result in rejected transactions or account suspension.
Final Thoughts: Should You Withdraw via Bank Transfer?
Withdrawing via bank transfer is reliable but slower than e-wallets or crypto. It’s ideal for users who:
Don’t want to deal with third-party payment services.
Prefer funds to land directly in their checking/savings account.
Need traceable transfers with official bank receipts.
If speed is a priority, consider withdrawing to an e-wallet first, then transferring to your bank. That process often completes in under 48 hours, compared to 5+ days for direct bank transfers.
Summary: Pocket Option to Bank Account – Key Steps
✅ Verify your identity and account details.
✅ Navigate to Finance > Withdrawals.
✅ Choose Bank Transfer and enter accurate bank info.
✅ Approve the request and wait for processing.
✅ Contact support if it takes more than 7 business days.
💥 Trade with Pocket Option now: Open An Account or Visit Brokers 👈
Read more:
