EdgeGraph FX Withdrawal Times and Fees | Required Documents and Withdrawal Conditions

Helpful Articles
Featured image for EdgeGraph FX withdrawal time and fees
Summary of this article
✓The amount you can withdraw from EdgeGraph FX is your account balance minus any bonus
✓EdgeGraph FX's withdrawal fee applies regardless of the amount: 1% for PESKA and PayWave, 2% for cryptocurrency
✓EdgeGraph FX withdrawals normally take 3 to 5 business days from request to completion

EdgeGraph FX offers three withdrawal methods: PESKA, PayWave, and cryptocurrency withdrawal. To withdraw to a bank account in Japan, choose PESKA. All of them normally take 3 to 5 business days from request to completion.

A withdrawal request generally cannot be canceled once it is confirmed. Before you press the request button, check these three numbers.

  • Amount you can withdraw
  • Amount you actually receive
  • Arrival date

This article explains how long EdgeGraph FX withdrawals take, the fees, and the identity verification documents required before you withdraw.

The basic information on EdgeGraph FX withdrawals is as follows.

EdgeGraph FX withdrawal specs

ItemDetails
Withdrawal methodsPESKA / PayWave / cryptocurrency withdrawal
Days to completeNormally 3 to 5 business days for all methods
Withdrawal feeCharged regardless of the amount
Fee by withdrawal method1% of the withdrawal amount for PESKA and PayWave, 2% for cryptocurrency withdrawal. PESKA and PayWave may also charge their own fees
Amount you can withdrawAccount balance minus bonus
Identity verificationMust be completed before withdrawing
Transfer to a bank in JapanChoose PESKA. Only accounts in your own name
Accepting requests24 hours (no transfers are processed on weekends and holidays)

Table of Contents

  1. EdgeGraph FX offers three withdrawal methods: PESKA, PayWave, and cryptocurrency withdrawal
  2. How long does an EdgeGraph FX withdrawal take? 3 to 5 business days with any method
    1. From withdrawal request to arrival of funds
    2. Weekends and holidays delay arrival
  3. How much is the EdgeGraph FX withdrawal fee? 1% for PESKA and PayWave, 2% for cryptocurrency, regardless of the amount
    1. Amount you receive for each withdrawal amount
  4. You cannot withdraw from EdgeGraph FX without identity verification
    1. Three documents to submit and their validity periods
    2. Identity verification review takes 1 to 3 days
  5. How much can you withdraw from EdgeGraph FX? Your balance minus the bonus
    1. Example of calculating the withdrawable amount
    2. You cannot withdraw while holding positions
  6. Your first EdgeGraph FX withdrawal requires registering a receiving account
  7. FAQ
  8. Summary

EdgeGraph FX offers three withdrawal methods: PESKA, PayWave, and cryptocurrency withdrawal

The withdrawal methods available at EdgeGraph FX are PESKA, PayWave, and cryptocurrency withdrawal. Withdrawal to a credit card is not supported.

To withdraw to a bank account in Japan, choose PESKA. The destination is limited to an account in your own name in Japan; withdrawals to overseas accounts are not possible.

All withdrawals are processed in yen.

PayWave can also be used for international transfers. To receive funds in cryptocurrency, choose cryptocurrency withdrawal.

How long does an EdgeGraph FX withdrawal take? 3 to 5 business days with any method

EdgeGraph FX withdrawals normally take 3 to 5 business days from request to completion, whether you use PESKA, PayWave, or cryptocurrency withdrawal.

From withdrawal request to arrival of funds

From EdgeGraph FX withdrawal request to arrival of funds

StepDetails
1. Request the withdrawalEnter the withdrawal amount and receiving account in My Page and submit the request
2. Check the confirmation emailA confirmation email for your withdrawal request arrives at your registered email address
3. Approve the withdrawalClick the approval button in the email to proceed with the withdrawal
4. Transfer processingEdgeGraph FX processes the transfer
5. Funds arriveThe funds are credited to the destination you specified
EdgeGraph FXの出金申請から着金までの5ステップの流れ図

After submitting a withdrawal request, do not forget the approval step sent by email. The actual transfer does not start until approval is complete.

Weekends and holidays delay arrival

Weekends and holidays are not counted in the days until arrival. If a long holiday falls in between, it may take that much longer.

Withdrawal requests themselves are accepted 24 hours a day, even on weekends, but transfers are not processed on days when financial institutions are closed. For example, if you submit a request on a Friday night, transfer processing starts on Monday.

If an anti-money-laundering check is triggered, it may take even longer for the funds to arrive.

How much is the EdgeGraph FX withdrawal fee? 1% for PESKA and PayWave, 2% for cryptocurrency, regardless of the amount

EdgeGraph FX's withdrawal fee is 1% of the withdrawal amount for PESKA and PayWave, and 2% for cryptocurrency withdrawal, regardless of the amount.

Amount you receive for each withdrawal amount

Check the table below to see how much you receive for each withdrawal amount.

Fee and amount received for each EdgeGraph FX withdrawal amount

Withdrawal amountWithdrawal methodsFeeAmount you actually receive
10,000 JPYPESKA / PayWave (1%)100 JPY9,900 JPY
10,000 JPYCryptocurrency (2%)200 JPY9,800 JPY
30,000 JPYPESKA / PayWave (1%)300 JPY29,700 JPY
30,000 JPYCryptocurrency (2%)600 JPY29,400 JPY
50,000 JPYPESKA / PayWave (1%)500 JPY49,500 JPY
50,000 JPYCryptocurrency (2%)1,000 JPY49,000 JPY
100,000 JPYPESKA / PayWave (1%)1,000 JPY99,000 JPY
100,000 JPYCryptocurrency (2%)2,000 JPY98,000 JPY

The fee is a fixed percentage of the withdrawal amount. Whether you withdraw in a single request or split it across several, the total fee is the same.

You cannot withdraw from EdgeGraph FX without identity verification

At EdgeGraph FX, you cannot withdraw until identity verification is complete. Trading and deposits are possible even before identity verification.

Three documents to submit and their validity periods

You submit three items: an ID document, proof of address, and a selfie. Several types of documents are accepted for the ID document and the proof of address.

Documents to submit for EdgeGraph FX identity verification and their validity periods

ItemAccepted documentsValidity / conditions
ID documentDriver's license / passport / My Number Card / other government-issued photo IDSubmit 1 item. Driver's license: both sides; passport: the page showing your address. For the My Number Card, the personal number does not need to be submitted
Proof of addressDriver's license / passport / My Number Card / health insurance card / postal mail / residence certificate / other official documentsPostal mail must be postmarked within 3 months, a residence certificate within 6 months. For the My Number Card, the personal number does not need to be submitted
Selfie photoAn image of you together with your ID documentThe details on the ID document must be legible
File formatJPG / JPEG / PNGUp to 4MB per file
EdgeGraph FXの本人確認で提出する3つの書類と期限の図

Identity verification review takes 1 to 3 days

Submitted documents are reviewed within 1 to 3 days, and identity verification is complete once all of them are approved.

If you wait until you have made a profit to start gathering documents, you will have to wait another 1 to 3 days before your funds arrive.

Complete identity verification right after opening your account.

If you want to see how to submit identity verification documents with images, check out this article!

✓ Related article
How to Open an EdgeGraph FX Account | From Registration to Identity Verification
How to Open an EdgeGraph FX Account | From Registration to Identity Verification

How much can you withdraw from EdgeGraph FX? Your balance minus the bonus

The amount you can withdraw from EdgeGraph FX is Account balance minus bonus.

A bonus is money that can be used as trading margin. It cannot be withdrawn as cash.

However, profits earned from trades made with the bonus can be withdrawn.

Example of calculating the withdrawable amount

For example, if your account balance is 180,000 yen and 50,000 yen of it is bonus, the amount you can withdraw is 130,000 yen.

If you enter the number shown as your balance as is, you would be requesting a withdrawal that includes the bonus portion. Before you submit, calculate the amount with the bonus subtracted.

You cannot withdraw while holding positions

You cannot withdraw while you hold positions. Close all positions before submitting your request.

If you move funds between accounts, the bonus is forfeited, so check your balance before transferring.

Your first EdgeGraph FX withdrawal requires registering a receiving account

For your first withdrawal from EdgeGraph FX, you must register a receiving account. From the second time on, you can select a registered account when you submit your request.

To register a receiving account at EdgeGraph FX, enter the bank name, branch name, account number, account holder name, and SWIFT code.

You can find the bank name and account number in your passbook or online banking. If you don't know the SWIFT code, check the official website of your bank.

Note that a SWIFT code is required even for transfers to financial institutions in Japan.

Only an account in your own name can be specified as the withdrawal destination.

If you want to follow the My Page screens as you go, this article walks you through the steps.

✓ Related article
A Clear Guide to Withdrawing from EdgeGraph FX, with Images
A Clear Guide to Withdrawing from EdgeGraph FX, with Images

FAQ

QHow many days does an EdgeGraph FX withdrawal take?
AWith PESKA, PayWave, and cryptocurrency withdrawal alike, it normally takes 3 to 5 business days from request to completion. Business days are counted excluding weekends and holidays. If an anti-money-laundering check is triggered, it may take longer.
QHow much is the EdgeGraph FX withdrawal fee?
AA fee applies regardless of the amount. It is 1% of the withdrawal amount for PESKA and PayWave and 2% for cryptocurrency withdrawal. Because it is a fixed percentage, the total fee is the same even if you submit one combined request.
QIs a SWIFT code required even for withdrawals to a bank in Japan?
AYes, it is one of the receiving account registration fields, so you need to enter it. The code is published on your bank's website as the code used for international transfers.
QDo weekends and holidays count toward the days until arrival?
ANo, they do not count. You can submit a withdrawal request 24 hours a day even on weekends, but transfers are not processed on days when financial institutions are closed. Submit your request with time to spare before a long holiday.
QHow recent must the postal mail used as proof of address be?
AIt must carry a postmark within the last 3 months. Utility bill receipts and credit card statements can be used. If you submit a residence certificate, prepare one issued within the last 6 months.
QWhat should I check if I submitted a withdrawal request but processing hasn't started?
ACheck whether you clicked the approval button in the confirmation email sent to your registered email address. If you can't find the email, check your spam folder as well.
QCan I cancel an EdgeGraph FX withdrawal request?
AA withdrawal request generally cannot be canceled once it is confirmed. Review the amount and receiving account before you press the confirm button.
QCan I withdraw only the EdgeGraph FX bonus?
AThe bonus itself cannot be withdrawn. However, profits earned from trades made with the bonus can be withdrawn.
QWhy does the balance of my USD account differ from the amount transferred to me?
AAll withdrawals are processed in yen. The balance of a USD-denominated account is converted to yen at the exchange rate at the time of withdrawal, so the amount you receive may differ from what was shown when you submitted the request.

Summary

There are three numbers to check before submitting an EdgeGraph FX withdrawal request.

  1. The amount you can withdraw is your account balance minus the bonus
  2. The amount you receive is the withdrawal amount minus the fee (1% for PESKA and PayWave, 2% for cryptocurrency)
  3. The arrival date is 3 to 5 business days after you submit the withdrawal request

Review the amount and receiving account once more before you press the confirm button.

If you haven't completed identity verification yet, check the document validity requirements and finish submitting everything right after opening your account.

Helpful Articles
Withdrawal methods
Share this article!
B!LINE

About the author

EdgeGraph FX Official MediaEdgeGraph FX Official Media
EdgeGraph FX Official Media is the official media outlet of EdgeGraph FX, an FX service that provides the best and most optimal financial services to investors worldwide. We share information on how to use EdgeGraph FX efficiently and the latest campaign offers.

Related articles

Comments

To comment