Exness minimum withdrawals in South Africa: Timeframes, methods & tips

Withdrawing your money whenever you want is an important part of trading.After all, it’s your money, and profits mean nothing if you can’t use them. Not so long ago, many brokers had high minimum requirements for both withdrawals and deposits, but Exness recognized that new traders prefer to ease into trading and grow their account as their experience grows.

This is why we’ve kept everything low and simple. Let’s explore both deposits and withdrawals to make sure you start smart.

Exness minimum deposit

Exness’ minimum deposit starts at around 180 ZAR or +/- 10 USD, depending on currency rates. But bear in mind, your preferred personal payment solution might also influence this amount.

Exness minimum withdrawal

As mentioned, Exness' minimum withdrawal is approximately 180 ZAR, but remember that the fees from most popular transfer methods, such as bank transfers and e-wallets, can increase the balance required, pushing that amount slightly higher. Despite this possible but negligible increase, the low threshold makes it easier for traders with smaller account balances to withdraw their funds as needed.

Withdrawal limits at Exness

No matter what trading account you use, there are no withdrawal limits with Exness, regardless of the amount. However, due to regulatory requirements, there are restrictions on where you can send your money. 

Exness generally requires you to withdraw funds using the same payment method (e.g., bank account, e-wallet, credit/debit card) that you used for the deposit. This helps to prevent funds from being laundered through our platform, and is a common requirement for holding a regulatory licence.

• If you deposit from a bank account, you'll generally need to withdraw to that same bank account.
• If you deposit with a specific credit card, you'll typically need to withdraw to that same card.

Exness also has "payment method priority rules" for withdrawals. This means that if you've deposited using multiple methods, you might need to withdraw funds in a specific order to ensure compliance.

For example, if you deposit using a bank card and then an e-wallet, you may need to withdraw the amount equivalent to the card deposit back to the card first, before withdrawing any additional profits to your e-wallet. Once you've withdrawn the initial deposit amount back to its original source, any profits you've made can typically be withdrawn using a different payment method that you've previously used and verified, or a  newly registered one, as long as it is associated with the same name and submitted ID.

How long do Exness withdrawals take in South Africa?

 Exness is renowned for quick and reliable withdrawals. In fact, reports show that over 98% of withdrawals are processed in seconds(under 1 minute) on our side. This is possible because Exness uses an automated processing system that works 24/7 with no manual intervention. However, the total time for funds to reach your account can vary depending on the withdrawal method you use. This is also true regarding Exness' minimum withdrawal amounts.

Exness withdrawals are impressively fast. In South Africa, traders often see their withdrawal requests processed almost immediately. This means as soon as you hit withdraw, Exness releases your funds. Even if you make a withdrawal request on a Saturday night, it doesn’t wait for Monday morning to be approved. This speed and round-the-clock processing give Exness a reputation for being one of the brokers with the fastest payout times.

That said, “fastest” refers to how quickly Exness processes the request; the actual time for your money to reflect in your bank or e-wallet depends on your chosen payment method. Once funds leave our custody, it’s up to the payment provider (your bank, e-wallet, etc.) to process and credit your account.

Many traders report that withdrawing to a local bank account can take place within the same day or no later than 24 hours. E-wallet withdrawals (like Skrill) and crypto transfers often arrive within minutes after processing. On the other hand, a withdrawal to a bank card (debit/credit) might take several business days because card networks process transactions a bit slower.

In short, Exness’s withdrawal time is usually just minutes on the broker’s end, but the total wait time for your cash can range from almost instantly up to a couple of days.

Exness minimum withdrawals: Typical timeframes

South African traders have several convenient withdrawal options with Exness. You can cash out your funds in South African rands (ZAR) directly, which is great because there’s no need to worry about converting currencies for local bank withdrawals. Exness supports local payment methods so you can withdraw straight to your bank account in ZAR, with no extra fees on these transactions. In fact, Exness doesn’t charge any withdrawal fees on its end, and in many cases, it even covers third-party transaction costs. This means you typically receive the full amount you withdraw, making the process cost-effective and hassle-free for you.

Here are the most common Exness withdrawal methods for South Africa and the usual timeframes.

Local Bank Transfer (EFT in ZAR) 

This option lets you withdraw directly to your South African bank account (e.g., FNB, Standard Bank, ABSA, Capitec, etc.) via Electronic Funds Transfer (EFT). It’s a popular choice for SA traders because funds go directly into your local bank account in rands.

Timeframe: Usually within the same day or at least one business day. Many EFT withdrawals arrive within a few hours if requested during business hours. If you initiate a withdrawal later in the day or over a weekend, it might only reflect on the next business day. (For example, a withdrawal made Friday night could conclude on Monday.)

Note: Because this is a domestic transfer in ZAR, there’s no currency conversion delay. It’s fast and straightforward.

Bank Card (Debit/Credit Card)

If you deposited using a Visa or MasterCard, Exness may allow withdrawals back to that card (typically as a refund of your deposited amount).

Timeframe: This method is a bit slower, typically around 1–3 working days for the funds to reflect on your card statement. In some cases, it can take up to 5-7 days, depending on your bank’s processing speed. Card withdrawals are reliable but not as quick as other methods because the banking system takes time to settle these transactions. Just remember that if you profited beyond what you deposited by card, you might prefer to use an alternative method (like bank transfer or e-wallet) to withdraw the rest.

E-wallets (Skrill/Neteller)

Exness supports popular e-wallets such as Skrill (and sometimes Neteller or others) for withdrawals. South African traders who have Skrill accounts enjoy this as it is one of the fastest ways to receive funds.

Timeframe: Typically, a payment is almost instant after Exness processes it. In many cases, you’ll see the money in your e-wallet within minutes. It could occasionally take a few hours if there’s a slight delay, but it’s generally very fast. Once in your Skrill or Neteller account, you can then use or withdraw that money to your bank if needed. E-wallets are great if you want quick access to your funds or plan to use the money online.

Cryptocurrency

If you have a crypto wallet, Exness allows withdrawals in cryptocurrencies (for example, Bitcoin or USDT). This can be convenient for those who prefer crypto or want to avoid potential banking system delays. 

Timeframe: Exness processes crypto withdrawals relatively quickly (usually instant on our end), and then it depends on blockchain confirmation times. In most circumstances, you’ll receive the crypto in your personal wallet within minutes to an hour.

For instance, a bitcoin withdrawal might take 10-20 minutes once processed (as it waits for blockchain confirmations). Be sure to double-check your wallet address when withdrawing crypto; any mistake in the address can result in permanent loss of funds.

These are the main methods used in South Africa; other options, like online payment systems or specific local gateways, might be available in your Exness Personal Area as well, but the options mentioned above are the most common. Importantly, all withdrawals are free of charge from Exness’ side and paid out in ZAR, so you won’t lose money to fees. This speed makes Exness stand out: many withdrawals are literally done in seconds by Exness’ system, and then you just wait for the money to appear in your account or wallet.

Step-by-step: How to withdraw from Exness

How to withdraw from Exness is a relatively straightforward procedure, as well as a user-friendly one. Here’s a simple step-by-step guide to help you withdraw funds from your Exness account:

1. Log in to your Exness Personal Area. This is the dashboard where you manage your accounts and funds.
2. Go to the “Withdrawal” section. In your Personal Area, find the menu option for withdrawals. It’s typically on the main dashboard or sidebar. Click on Withdrawal to begin the process.
3. Select your withdrawal method. You will see a list of available payment methods (based on what you’ve used to deposit and what’s available in South Africa). Choose the method you want to use for withdrawing, for example, bank card, Electronic Funds Transfer (EFT), Skrill, or Crypto. 

Tip: If you have multiple trading accounts or wallets in Exness, first select the trading account you want to withdraw from, then choose the method.

1. Enter the required details and amount. Depending on the method, you’ll be prompted to complete some details:
• For bank transfers/EFT: You might need to enter your bank account number, branch code, or other banking info, and the amount in ZAR you wish to withdraw.
• For a bank card: You may need to select the card (if you have one saved from the deposit) and enter the amount. (Typically, card withdrawals go back to the same card you used for the deposit.)
• For Skrill/Neteller: Enter the email associated with your e-wallet and the amount.
• For crypto: You’ll need to paste your wallet address and possibly select the crypto type, then enter the amount to withdraw. Make sure to double-check all details; an error in the account number or crypto address can cause delays or losses.
2. Confirm the withdrawal request: After entering the details, click Continue or Confirm. Exness will likely ask you to verify the transaction with a security code (for security purposes, Exness uses a One-Time-PIN (OTP) sent via email or SMS, depending on your security settings). Enter the code sent to you to confirm the withdrawal.
3. Receive confirmation: Once submitted, a confirmation message will be sent to inform you that your withdrawal has been processed. Exness will process the request instantly or within a few minutes in most cases. You can check the status under your Transaction History in the Personal Area.

At this point, your part is done; just wait for the funds to reach your chosen destination. If everything is in order, your money will arrive shortly.

That’s it. With these steps, withdrawing from Exness is hassle-free. The process is quick and painless, especially if your account is fully verified and you follow the guidelines.

Tips for a smooth withdrawal experience

Exness is known for its withdrawal speed and reliability, but as a trader, you still need to take some precautions to avoid any hiccups. Here are some tips and best practices for South African traders to ensure their Exness withdrawals are fast and trouble-free:

• Verify your Exness account: Make sure you have completed all KYC (Know Your Client) verification steps (uploading your ID, proof of residence, etc.) in your Personal Area. By verifying your identity and address, you ensure there’s nothing holding back your withdrawal when the time comes.
• Ensure the name on your bank account matches your Exness account (For security purposes, Exness only allows withdrawals to accounts under your own name). Taking a moment to review the information before confirming the withdrawal can save days of delay fixing an error.
• When possible, use the same method for deposit and withdrawal: Exness, like many brokers, generally requires that you withdraw funds using the same payment method you used to deposit, at least up to the amount you deposited. For example, if you deposited 1,000 ZAR using a bank card, you’ll be expected to withdraw back to that card (treated as a refund) up to 1,000 ZAR, before other methods can be used for any profit. 

This anti-money-laundering measure is standard. To avoid confusion or delays, plan your deposits with this in mind or use the withdrawal method you are most comfortable with. If you want to receive the bulk of your money via bank transfer, deposit using a bank transfer/EFT. Consistency makes for smoother withdrawals.

• Plan around weekends and holidays: While Exness processes withdrawals 24/7 on our side, your South African bank might not clear funds on a Sunday or public holiday. If you need money urgently, try to initiate your withdrawal during the week or early in the day.

For example, if you request a withdrawal on Monday morning, your bank will likely process it on the same day, and the funds may appear in your account by Monday afternoon or Tuesday morning. However, if you request a withdrawal on Friday afternoon, you might not receive the funds until Monday due to standard banking hours. To receive your money faster, time your withdrawals to align with your bank's operating hours.

• Take advantage of ZAR accounts: When opening your Exness trading account, you have the option to choose ZAR as your base currency. This is beneficial if you plan to deposit and withdraw in rands because it saves you from any currency conversion fees or delays. Exness does not charge conversion fees, but if your account is in USD and you withdraw to a ZAR bank account, there might be a slight exchange rate markup.

With a ZAR-based account, withdrawals are straightforward, with no exchange step,— what you withdraw in rands is what you get. This tip can help you avoid extra costs and make the process even more seamless.

• Ensure sufficient free margin before withdrawing: This is more of a trading tip. If you have open trades, remember that withdrawing funds will reduce your account balance and could affect your margin. Close or manage any trades if needed so that a withdrawal won’t accidentally trigger a margin limit stop out. Essentially, only withdraw money that isn’t tied up in active positions.
• Watch for confirmation and updates: After you make a withdrawal, keep an eye on your email and the Exness Trade app for any notifications as Exness will send a transaction confirmation. In rare cases,  you will be notified if there’s an issue (for example, if you exceeded a limit or if additional verification is needed for a large withdrawal). Staying informed will help you react quickly if any action is required from your side.
• Reach out to support if needed: If your withdrawal is delayed beyond the expected timeframe (e.g., it’s been a few days and nothing has arrived), don’t panic. Exness has a responsive customer support team. You can contact them via live chat or email with your account details and the withdrawal transaction ID from your history. They will help investigate the issue and provide updates. Usually, delays are on the bank’s end, but it’s good to get confirmation. Support in English is available to South African traders 24/7 to ensure added peace of mind.

By following these tips, you’ll maximize the speed and success of your withdrawals. The key is to ensure that your information is accurate and you remain proactive when keeping your account up to date and in order.. Fortunately, Exness’ system is designed to make withdrawals easy, and many traders in South Africa have praised how quickly they receive their funds.

Conclusion

Exness has made withdrawing funds fast, easy, and reliable for South African traders. In most cases, you’ll find that your money is on its way to you within minutes after you click withdraw, thanks to instant processing on Exness’ side. The actual arrival time will depend on your chosen method, from almost immediately with e-wallets and crypto, to a few hours or a day with local bank transfers, or a few business days with card withdrawals. The ability to withdraw in ZAR directly to local banks gives South Africans peace of mind and convenience. Plus, with no withdrawal fees eating into your funds, you get to enjoy the full benefit of your trading profits.

The process might seem daunting at first for beginner and intermediate traders, but it’s quite straightforward. Just follow the step-by-step guide and remember the practical tips: verify your account, double-check your details, and use the appropriate methods.

The Exness platform is user-friendly, and our support team is here if you need help. Many traders find that after their first withdrawal, their worries fade away, especially when they see those rands arrive safely in their bank accounts.

In summary, how long does an Exness withdrawal take? Usually not long at all–often within minutes on Exness’ end, and your money can reach you very quickly thereafter, especially if you choose an efficient payment method. By choosing the right withdrawal option and avoiding common mistakes, you can enjoy one of the fastest withdrawal experiences in the trading industry.

Happy trading, and may your withdrawal requests always be smooth and timely.

This is not investment advice. Past performance is not an indication of future results. Your capital is at risk, please trade responsibly.

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Author:

Paul Reid

Paul Reid is a financial journalist dedicated to uncovering hidden fundamental connections that can give traders an advantage. Focusing primarily on the stock market, Paul's instincts for identifying major company shifts is well established from following the financial markets for over a decade.