Withdrawal
To withdraw funds from your trading account to your bank account, you will have to create a withdrawal request in the Client Portal. Below you can find the instructions on how to do this.
Login
- Open your browser and visit the Client Portal website
- Enter your username and your password
- Authenticate yourself via two-factor authentication
Select Withdrawal and bank account
In the menu at the top, select Transfer & Pay and then Transfer Funds.
To create a withdrawal, select Withdraw Funds.
If you have previously saved your bank account details, they will appear on the next screen. To start the withdrawal process, select the desired bank account.
If this is your first time withdrawing to a new bank account, click Use a new withdrawal method. For details on adding a new bank account, refer to the FAQ section at the bottom of this page, titled “Want to use a new withdrawal method?‘”.
Fill in bank details
When you have selected a previously saved bank account, you will only need to fill in the amount you want to withdraw under Withdrawal Amount.
You can see the maximum amount available for withdrawal next to Cash available for Withdrawal.
If you want to make this a recurring withdrawal, click on the Make this a recurring transaction? field.
When you are ready, click on Create Withdrawal.
Confirm Withdrawal request
Once you have created a withdrawal request, you will need to confirm it by entering your username and password, and clicking the Confirm Withdrawal button. Next, complete the Two-Factor Authentication.
The withdrawal request has been successfully submitted when the message “Thank you, your XX Withdrawal for XXX has been submitted” appears on the screen.
FAQ
On the Withdrawal page, select Use a new withdrawal method. Then select the currency and the corresponding Withdrawal Method. If you are uncertain about the correct method, please contact your bank for guidance. Typically, the SEPA transfer method is used for euro withdrawals.
Click on Use this Method next to your chosen withdrawal method and fill in your bank account details:
Bank Country – Select the country where your bank is located..
International Bank Account Number (IBAN) – Enter the IBAN of your bank account.
After entering your IBAN, the system will display your bank details. Please verify that they are correct:
Bank Name
Bank Address
SWIFT/BIC Code
Account Nickname – Name the account so that you can easily select these new bank account details next time, or use a pre-generated name.
When you are ready, click Save Bank Information. You will have to confirm this request using your login details:
Fill in your Username and Password.
Complete the two-factor authentication.
Your bank account is successfully linked, and you can proceed to withdraw funds to your new bank account.
If you are withdrawing to a newly added bank account, we may ask you to provide us with a copy of the bank statement via LYNX+ Client Zone portal. You will receive a separate email upon request. The withdrawal will be processed as soon as possible after we have received and verified the copy of the bank statement.
The amount you have withdrawn should typically show up in your bank account within 1-3 business days. If it doesn’t appear in your bank account after 3 business days, please contact your local customer service.
When making a withdrawal in a different currency than previously used, you will need to select Use a new withdrawal method. You can find more detailed instructions in this FAQ section, titled: “Want to use a new withdrawal method?“.
You can find this and past withdrawal requests by navigating to the Transfer & Pay in the top menu of the Client Portal. From the dropdown menu, select Transaction Status & History. Please be aware that the accessible time range is limited to a maximum of 90 days.
Withdrawals are only possible to a bank account that is in your name.
Transfers to business accounts from your private securities account are also not permitted, even when the company is fully owned by you.
Yes, you can. When filling in the bank details, you can check the box Make this a recurring transaction.
Here you will find the option to systematically withdraw funds to your selected bank account for a desired period and with the frequency you selected.
The amount of payouts on one trading day or within five trading days is limited to certain amounts for security reasons. These amounts vary depending on the security device you use.
| Security Device | Maximum withdrawal amount per trading day | Maximum withdrawal amount within 5 trading days |
| None | USD 50.000 | USD 100.000 |
| Security Code Card | USD 200.000 | USD 600.000 |
| SMS | USD 200.000 | USD 600.000 |
| Smartphone App | USD 1.000.000 | USD 1.000.000 |
| Digital Security Card+ | No limit | No limit |
Please note that the amounts are shown in US dollars, which means that the limits for withdrawals in other currencies may fluctuate.
For payouts within the SEPA area, please use the SEPA method; for payouts outside the SEPA area, select bank transfer.
One withdrawal per calendar month is free of charge. The cost of each additional withdrawal can be found in the local tariffs for your respective branch.
It is not possible to withdraw in a currency if your cash balance is negative or would go negative after the withdrawal. If needed, you can exchange foreign currencies into the base currency for withdrawal.
For security, the number of withdrawals per trading day or within five trading days is limited depending on the security device you use. To learn more about withdrawal limits, please refer to the “Are there any withdrawal limits?” section in this FAQ.
Please be aware that if you withdraw all your cash (with no open positions in your portfolio), your trading account may be automatically closed.
It may happen that a SWIFT/BIC code is not accepted even though the identifier exists. The reason is that the relevant bank is not connected to the SWIFT network. In this case, please provide the BIC/SWIFT code of the parent bank.
If you enter several different recipient accounts, our finance department will block one account from being paid out for security reasons. If your account is blocked, please contact your local customer service team.
Please be aware that deposits and withdrawals from and to countries outside the EU/EEA are not possible. If funds are received from a bank account outside this region, they will be unable to be processed and will be returned to the originating account.
Similarly, transferring money to a new bank account located outside the EU/EEA is not possible. Therefore, it’s advisable to ensure your adressed accounts are within the EU/EEA boundaries for seamless financial transactions.
Please note: Transactions with accounts located in Switzerland remain unaffected by this.
When you initiate a withdrawal, the amount available for withdrawal might appear less than the total cash displayed in your account. This discrepancy can occur for several reasons:
For cash accounts:
The available amount for withdrawal may be less than expected if the funds are not yet settled. Settlement periods are crucial for cash account holders. If you’ve recently executed a trade or a currency conversion, you must wait for the settlement period before the funds become available for withdrawal. Generally, this takes between one and two business days for most financial products.
For more information on settlement periods, please refer to the following link: LYNX – Settlement
For margin accounts:
Similar to cash accounts, unsettled transactions can affect the available amount for withdrawal. Additionally, in a margin account, some funds may be used as collateral for other positions or to cover negative cash balances. This can reduce the amount available for withdrawal. Notice: Please be aware that if you withdraw all your cash (with no open positions in your portfolio), your trading account may be automatically closed.
Further information regarding collateral within margin trading you can find here: LYNX – Margin Trading
The trading account is designed specifically for trading financial instruments and is not intended to be used primarily for currency conversions and subsequent withdrawals. Interactive Brokers (IB) provides currency conversion services for clients who mainly trade foreign securities or financial derivatives.
Please be aware that if your trading account is used primarily for currency conversions and subsequent withdrawals, IB may impose restrictions on your ability to withdraw converted currencies.