You can withdraw your money directly from the InvestSky app 📲.
To do this, go to Account > Withdraw. Add the details of a local bank account 💳 in which you would like to receive the money, then click 'Submit' ✅. Depending on your bank, this should take 2 to 5 business days. We don't charge you for withdrawing funds. However, our broker's bank charges a fee of $30.
Please note that our Partner Broker has three policies regarding withdrawals:
You can only withdraw from a bank account from which you have deposited via wire transfer - if all funds/deposits are made via bank card/Apple Pay, you can withdraw to any bank account under your name from the banks available in the withdrawal list.
For recently funded accounts there is an initial hold period of 6 business days before you can make a withdrawal. This is part of our Partner-Broker's AML Policy.
Once you sell a stock, you'll have to wait for 1 business day after you make the trade (t+1) for the settlement to be completed before you can withdraw that amount.
Please note that Digital Wallet Platforms or online third-party platforms don't support receiving international transfers, such as Barq, STC Pay, D360, or MoneyGram. Withdrawal should be through a physical real bank account.
As you are reading this, the InvestSky team is busy building a solution to make withdrawing your funds instant and smooth 💸. Stay tuned 😉
Any questions? 💬 Talk to us! 🥰 You can reach us at [email protected] or chat with us directly in the app (Account > Support > Chat With Us).