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Deposit & Withdrawal

Deposit & Withdrawal Policy

Trading in any investment opportunity that may generate profit requires customers to deposit money on their online account. Profits may be withdrawn from the online account.

Deposit to LifecoinFEX should be made from a source (e.g. bank account, payment system, credit/debit card).Client should provide card/bank account ownership confirmation to avoid payments from 3rd parties.For example, if client wants to deposit using card, the card scan copy or card photo should be provided (read more about verification and AML policy). If client doesn’t comply with this policy, deposit can be rejected.Please note that client’s account LifecoinFEX   can be deposited with the amount different from what was sent because of the commission. The Company does not charge any commission it can be charged by payment system or bank. Please, find out more about commission on the deposit/withdraw page.

According to generally acceptable AML rules and regulations, client should withdraw funds only through the same bank account or credit/debit card or payment system account that was used to deposit the funds and the same currency. In addition, when you deposit or withdraw money for trading purposes, you should be aware that additional fees and restrictions may apply. Without derogating of the foregoing, LifecoinFEX may execute withdrawals to a different facility than the one used for the deposit, subject to Anti Money-Laundering regulations. Additional information and documents may be required to present from client during withdrawing process.

Withdrawing process
To withdraw your funds you should follow several steps and rules below:
1. Log in to your personal account.
2. Open Internal transfer tab and withdraw your funds from trading account to the MoneyBox.
3. After processing of internal transfer is done, you can apply for the withdraw from the MoneyBox to payment system, bank or card.
4. Open withdraw funds tab and fill out the fields.If the additional documents is required, we contact you within one working day.

When there are two or more active details, the withdrawal is carried out on any of the selected details in proportion to deposits. Withdrawing funds to bank accounts are possible only after depositing money through a bank.The Company does not charge any commission. Commission based on the beneficiary’s bank.Withdrawing process will be completed within 5 business days from the moment of accepting withdrawing request by the Company from the Client.Attention! LifecoinFEX, in accordance with international laws on combating terrorist financing and money laundering, does not accept payments from third parties and payments to third parties are not carried out.  LifecoinFEX is not liable in case of 3rd parties delays, who are not related to the company.Bank transfer takes 3-5 banking days under normal conditions.The LifecoinFEX company processes withdrawals to the Visa, Mastercard, China Union Pay Cards within 1-2 business days. But please note that under normal conditions payments go up to 6 banking days from the moment of accepting withdrawing request by the Company from the Client.

LifecoinFEX LTD is owned by HY Marketing, St. Vincent and the Grenadines, Kingstown, VC0100, P.O. Box 1574. Our main office is in London, The Leadenhall Building, 122 Leadenhall St, EC3V 4AB.
The Financial Products offered by the company include Contracts for Difference (‘CFDs’) and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered please ensure to understand the risks involved.

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