A comprehensive and up-to-date guide to iForex overseas FX withdrawal methods, account fees, and time required for funds to be reflected

iForex

We will thoroughly explain overseas FX iForex withdrawal methods, fees, and reflection days. Although it takes a little more time than other overseas FX brokers, the withdrawal process is smooth. We will also introduce rules and precautions that you should check before making a withdrawal, so please refer to them.

iFOREX Withdrawal Methods

iFOREX provides a procedure for withdrawing funds earned through trading and your balance to your account. Basically, all you have to do is log in to your account and submit a simple request, but there are some rules and things to keep in mind.

📌 1. Basic Withdrawal Procedure Flow (General)

Log in to your account

Select “Withdraw Funds” or “Withdrawal” from the menu

Enter the withdrawal amount

Select the withdrawal method

Enter the required information (bank account, bitwallet, card information, etc.)

Submit your application as instructed

👉 iFOREX will not process withdrawals until your KYC (Know Your Customer) process is complete. You must first submit identification and proof of residence.

💴 2. Available Withdrawal Methods (Main Methods)

✔ Refunds to Credit/Debit Cards

If you used a card to deposit, the amount up to the deposit amount will be refunded to your card.

Withdrawals exceeding your profits will be refunded via bank transfer or other methods.

Refunds to your card may take up to a few days to approximately one month.

✔ bitwallet (E-Wallet)

If you used bitwallet to deposit, the refund will be made to the same bitwallet account.

You can choose to have any amount exceeding the deposit amount sent via bank transfer or bitwallet.

✔ Bank Transfer (International Transfer)

Profits and the remaining balance after card/bitwallet refunds will be transferred to your bank account.

There may be a minimum withdrawal amount of around 10,000 yen.

Your bank may need to verify your overseas deposit in accordance with the Foreign Exchange Act.

📄 3. Required Documents for Withdrawals

For first-time withdrawals or if your account has not yet been verified, you will need to submit:

Personal Identification (passport, driver’s license, My Number card, etc.)

Proof of Residence (utility bill, etc.)

Copy of both sides of the credit card used for deposit (if depositing by card)

⏱ 4. Estimated Deposit and Processing Times

出金方法目安
クレジットカード返金数日〜1ヶ月程度※カード会社により異なる
bitwallet約3〜5営業日
銀行送金約3〜10営業日

Withdrawal times vary depending on the method, so please check the deadline on the screen or by email after submitting your request.

Documents Required for iFOREX Withdrawals

You must complete KYC (Know Your Customer) to request a withdrawal. You must submit several documents, especially for your first withdrawal. Your withdrawal will not be processed unless they are submitted and approved.

📄 1. Identification Document (ID)

One of the following:

Passport

Driver’s License

My Number Card

Government-issued photo identification, such as an Alien Registration Card or Residence Card

→ Submit a document that shows your photo, name, date of birth, and expiration date.

🏠 2. Current Address Verification Document (Proof of Residence)

Documents issued within the last six months that include your name and current address:

Utility bill (electricity, gas, water, etc.)

Mobile phone bill/statement

Credit card or bank statement

Resident registration card

Tax payment slip, etc.

*PO Box addresses are not accepted.

💳 3. Copy of the credit/debit card used for deposit (if applicable)

If you deposited with a credit card:

Images of the front and back of the card used for deposit

For security reasons, please include the first 12 digits of your card number and mask the CVV.

*Not required if you deposited via bitwallet or bank transfer.

🧾 4. Withdrawal Request Form (with signature) / Withdrawal Application Form

You can apply through the Withdrawal page on your My Page. In some cases, you may be prompted to sign and upload the Withdrawal Request Form.

❗ Important Points

🔹 We recommend color images and clear scans of your ID documents.
Documents with unclear photos, expired dates, or insufficient address information will not be approved.

🔹 Your ID verification status must be set to “Approved” before you can withdraw.
If your ID is not approved, your withdrawal request will not be processed.

🔹 Credit card deposits are refunded to the original card, so a copy of the card is required for withdrawal processing.

🔹 This is often submitted together with your first withdrawal. For subsequent withdrawals, you only need to submit a minimal application if you have approved documents.

👛 How to Submit Documents

You can submit documents using one of the following methods:

✔ “Upload Documents” on My Page
✔ Send as an email attachment
✔ Fax (to a designated number)

*Details will be provided on My Page or via support.

Withdrawal Procedure Details by Method

iFOREX has a rule that refunds are prioritized to the same method as the deposit.
(Card deposits → card refunds / bitWallet deposits → bitWallet refunds / profits → bank transfer, etc.)

Here we will explain each method in detail.

① Credit/Debit Card Withdrawals (Refunds)

🔹 Eligible

Up to the amount deposited via card

🔹 Procedure

Log in to My Page

Select “Withdrawal”

Enter the withdrawal amount

Select “Credit Card” as the withdrawal method

Submit application

*You will need to submit a card image the first time

🔹 Required Documents

Images of the front and back of your card
(The first 12 digits of your card number and CVV must be hidden.)

🔹 Processing Time

iFOREX Processing: Usually 1-3 business days

Card Issuer Refund: Several days to up to 1 month

🔹 Important Notes

Profits cannot be refunded to your card.

The account name must match your name.

② bitwallet Withdrawals

🔹 Eligible

Amount deposited via bitwallet

🔹 Procedure

Select “bitwallet” on the Withdrawal Screen

Enter your bitwallet registered email address

Enter the withdrawal amount

Submit application

🔹 Processing Time

Approximately 3-5 business days

🔹 Important Notes

The name on your iFOREX account and your bitwallet account must match.

Profits can also be withdrawn to bitwallet (depending on the situation).

③ Bank Transfer (Domestic Bank Account)

🔹 Eligible

Profits

Remaining balance after card/bitwallet refund

🔹 Procedure

Select “Bank Transfer” as the withdrawal method.

Enter your bank name, branch name, account number, and SWIFT code.

Enter the withdrawal amount.

Submit your request.

🔹 Processing Time

Approximately 3-10 business days

🔹 Fees

iFOREX: Approximately 2,000 yen

Bank fees may apply separately.

🔹 Important Notes

Only accounts in your name are accepted.

Remittances may be treated as international transfers.

④ Cases where a Withdrawal Request Form is Required

You may be asked to submit a signed document in the following cases:

First-time Withdrawal

Large-amount Withdrawal

If there are any changes to your registration information

Download the PDF from your My Page, sign it, and upload it.

📌 Withdrawal Priority Rules

入金方法出金順序
カード入金額までカード返金
bitwallet入金額まで返金
利益分銀行送金

*This is in accordance with anti-money laundering regulations.

iFOREX Withdrawal Fees and Minimum Withdrawal Amount

Below is a summary of the actual withdrawal costs and minimum withdrawal amounts at iFOREX.
*Please note that terms and fees vary depending on the withdrawal method.

🏦 1. Withdrawal via Bank Wire (Profit/Balance Transfer)

✔ Minimum Withdrawal Amount: ¥10,000 (approximately $100)
✔ iFOREX Withdrawal Fees: As follows:

Withdrawals over ¥100,000 → Fee-free up to three times per month

Withdrawals under ¥100,000 → A flat fee of ¥2,000 will be deducted

→ Consolidating withdrawals into amounts over ¥100,000 will save you money on iFOREX fees.

✔ Receiving Bank Fees (paid by the bank):
Intermediary bank fees and receiving bank fees may apply separately (paid by the bank).

💳 2. Refunds to Credit/Debit Cards

✔ Minimum Withdrawal Amount: ¥10,000 (estimated)
✔ Fees: Free on iFOREX’s side
✔ Important Notes:

Refunds will be made to your card up to the amount deposited.

Profits cannot be refunded to your card as a general rule, and may be made via other methods such as bank transfer.

If your card company incurs fees, these will apply (e.g., foreign currency conversion fees).

💼 3. Withdrawals to bitwallet

✔ Minimum Withdrawal Amount: ¥10,000 (estimated)
✔ Fees: Free on iFOREX’s side
✔ Important Notes:

A separate fee will be charged by bitwallet when withdrawing funds from bitwallet to your bank account (e.g., ¥825).

Refunds to bitwallet will take priority up to the amount deposited.

📍 Minimum Withdrawal Amount (Common)

The basic minimum withdrawal amount for bank transfers, card refunds, and bitwallet is approximately ¥10,000 (¥10,000).

  • The actual minimum amount may vary depending on your account currency (in USD).

Important Points to Note When Requesting Withdrawals

Withdrawals are not guaranteed to be approved immediately upon request.

Withdrawals are subject to stricter scrutiny, especially for first-time withdrawals and large withdrawals.

By keeping the following points in mind, you can almost always prevent withdrawal refusals or delays.

① Have you completed KYC?

✅ Identity verification documents
✅ Address verification documents (within 6 months)
✅ Card image if you deposited by card

Withdrawals will not be processed if they are not approved.

👉 Make sure your account is marked “Approved” on your My Page.

② Refunds will be made to the same method as the deposit.

To prevent money laundering, iFOREX has a refund priority rule for deposit methods.

Example:

Card deposit → Refund to card (up to the amount deposited)

bitWallet deposit → Refund to bitWallet

Profits → Bank transfer

❌ “Straight full amount to bank” may not be possible.

③ Make sure the names match.

iFOREX account name

Bank account name

bitwallet name

Credit card name

All names must be the same person.

Even a single character difference can result in a hold.

④ Check the bonus conditions

If you received a deposit bonus:

Withdrawals are not possible if trading conditions are not met.

Withdrawals will forfeit the bonus.

→ Check the terms of use beforehand.

⑤ Be careful with withdrawals while holding positions

Withdrawing while holding a position:

Equivalent margin will decrease.

Increased risk of stop-loss triggering.

Be especially careful when using high leverage.

⑥ Check the withdrawal amount and fees.

For bank transfers:

Less than 100,000 yen → 2,000 yen fee

More than 100,000 yen → Free up to three withdrawals per month

Multiple small withdrawals will result in losses.

Cancellations are generally not permitted after a withdrawal request has been submitted.

Because processing begins after a withdrawal request is submitted,

it may not be possible to cancel the request in time.

The funds will no longer be available for trading.

Consider your available funds before submitting a request.

FAQ

Q1. How long does it take from requesting a withdrawal to receiving the funds?

Guideline:

💳 Credit card refund: A few days to up to one month

💼 bitwallet: 3-5 business days

🏦 Bank transfer: 3-10 business days

*This may vary depending on the processing status of your bank or card company.

Q2. What is the minimum withdrawal amount?

The general guideline is 10,000 yen (or $100 equivalent) or more.
Withdrawals below this amount may not be accepted.

Q3. What are the withdrawal fees?

Bank transfer:

Less than 100,000 yen → 2,000 yen

100,000 yen or more → Free up to three withdrawals per month

Card refunds and bitwallet withdrawals are generally free (external fees apply).

Q4. Can profits also be withdrawn to a card?

In principle, the amount deposited will be refunded to a card.
Profits will usually be withdrawn via bank transfer.

Q5. Why is a withdrawal rejected?

Main reasons:

Incomplete identity verification

Name mismatch

Incomplete documentation

Bonus conditions not met

Withdrawal made immediately after deposit without a trade being made

Q6. Can I withdraw funds while holding a position?

Yes, but caution is required.

Withdrawals reduce your available margin,
which increases your risk of a stop-loss.

Q7. Are there margin calls?

iFOREX generally uses a zero-cut system,
so you will generally not be charged for amounts above your account balance.

Q8. Can I cancel a withdrawal?

It may be possible before processing,
but cancellations are generally not possible once processing has begun.

Q9. Are withdrawals safe?

As long as identity verification has been properly completed,
withdrawals are generally possible without any issues.

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