How to Withdraw from SabioTrade
Requesting Payouts from Your Funded Account
When you are ready to request your payouts, you can place your request on the Profit Share section of your Sabio Dashboard. Your funded account will be temporarily frozen to withdraw your profit and deduct our profit share. You will receive the funds in your bank account, and regain access to your funded account to continue trading in as little as 24 hours.
Please note that the withdrawal will consist of 80% - 90% of your profit amounts in the funded account as per your purchased plan specifications.
How do you Withdraw Money from SabioTrade?
Step 1: Log In to Your SabioTrade Account
To initiate the withdrawal process, log in to your SabioTrade account provided after you pass the Assessment.
Step 2: Verify Your Identity
SabioTrade prioritizes security. Before initiating a withdrawal, you may be required to verify your identity by sending the essential materials to [email protected] with your signature on the documents. The required documents may include:
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An original picture of your ID, Passport, or Driving License ( the document should not be expired, it should contain your date of birth and a recent photo).
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A bank statement showing your address, a utility bill, a residence certificate from the municipality, or a Tax bill (this document should not be older than 6 months).
Step 3: Navigate to the Withdrawal Section
Locate the "Profit Share" section on your account dashboard, then click "Request Withdrawal". This is where you will begin the withdrawal process.
Please note that SabioTrade currently supports only wire transfers for withdrawals.
Step 4: Enter the withdrawal details
In this interface, you can request a payout by following these simple steps:
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Select one of your funded accounts that is eligible for withdrawals.
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Specify the amount of money you wish to withdraw in the provided field.
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Click "Request payout" to send it for approval.
Step 5: Monitor Withdrawal Status
After submitting your withdrawal request, monitor your account for updates on the withdrawal status via email. First, you will immediately receive an email confirming that your payout request has been successfully submitted.
Please note that payouts from a funded account take up to 3 business days to be processed. You will also receive an email confirming the approval of your payout request.
How long does it take to process the withdrawal on SabioTrade?
Our team of experts needs a specific period to thoroughly assess and approve each withdrawal request, typically within 3 days.
Verifying your identity is crucial to prevent unauthorized access to your funds and confirm the authenticity of your request.
These steps are necessary to ensure the security of your funds, along with the verification procedures.
We process and send the money within the same 3-day period; however, your bank may need additional time to complete the transaction.
It may take up to 5 business days for the funds to be transferred to your bank account.
Frequently Asked Questions
How long does it take to receive my Funded account on SabioTrade?
Once you have passed your Assessment and have supplied your KYC documents, the account will be issued within 24-48 business hours.
What are the rules for the SabioTrade Funded account?
The rules for the SabioTrade Funded account are exactly the same as your SabioTrade Assessment account. However, with a Funded account, there is no cap on the profits you can generate.
When can I withdraw profits from my Funded account on SabioTrade?
You can withdraw your profits at any time. At the time of any withdrawal request, we will also withdraw our share of the profits made, as well.
Important Note: Once you request a withdrawal, your maximum trailing drawdown will be set at your starting balance.
What happens if I have a hard breach in my Funded account while in profit?
If you have profits in your Funded account at the time of a hard breach, you will still receive your portion of those profits.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we will close the account. Of the $10,000 in profits, you would be paid your 80% portion ($8,000).
Effortless Transactions: Withdrawing from SabioTrade
In conclusion, withdrawing funds from SabioTrade is a seamless and user-centric process that highlights the platform’s commitment to trader satisfaction and financial flexibility. With a variety of convenient withdrawal methods available, traders can quickly and securely access their funds whenever needed. SabioTrade ensures all transactions are processed promptly, with transparent procedures that prioritize the safety of your financial assets. The platform’s intuitive interface makes the withdrawal process straightforward, while dedicated customer support is always on hand to assist with any queries. By leveraging SabioTrade’s efficient withdrawal system, traders can enjoy peace of mind and focus on their trading strategies, knowing their earnings are easily accessible. Experience the benefits of hassle-free withdrawals with SabioTrade and take full control of your financial journey.
