Transfer balance and withdraw

Forex trading
S
Sendy
12 Oct 2021, 15:23 826 Views
Min, I want to ask if I have an account with instaforex, and then I create a new account with another broker. Can I transfer my balance to the new account with a different broker and withdraw from that new account? Because currently, my withdrawal process is very hindered by the broker from instaforex. Please help me. Thank you

1 Answer

E
erik tri cahyo 14 Oct 2021, 10:10
To Sendy,

It is not possible. You cannot transfer funds from different brokers. The only way is to make a withdrawal first at your old broker. Then, if the withdrawal process is successful and you have received the funds, only then can you make a deposit into the new broker's account.

Hope this helps.

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