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How to Fund & Withdraw from Your Nadex Account - YouTube
Channel: Nadex
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how to fund your account using the Nadex
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web platform once your account is open
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you'll receive an email sending you to
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the login page login with your username
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and the password you created when you
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applied when the platform opens you'll
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see the funding window see you can
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deposit funds and be able to trade the
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minimum initial deposit is $250 u.s. for
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all deposits and withdrawals you'll need
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a personal checking account we cannot
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accept savings or other accounts if you
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have an 8x business account contact
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Nadex for details on funding the default
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window shows debit card funding because
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it's the most popular and fastest way to
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make a deposit your funds are available
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right away and there is no transaction
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fee the name on your card must match the
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name on your Nadex account it must be
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your card we cannot accept a friend or
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family members card we also can't accept
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prepaid cards commercial or business
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cards or credit cards the first time you
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use a debit card we need to do a simple
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one-time verification to confirm that
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the card matches your checking account
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after that you'll be able to withdraw
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funds you deposited using that card to
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verify your card under my account go to
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upload document you'll need a bank
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statement showing your full name and
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address your bank's name and logo your
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full account number and a debit
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transaction sent to Nadex this
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transaction will probably be probably be
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your deposit scan the bank statement or
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take a photo on your phone and upload
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the image to the Nadex platform if you
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use paperless banking upload a
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screenshot from your computer or device
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you can also deposit and withdraw funds
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via a bank transfer u.s. residents can
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use ACH or automated Clearing House
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transfers Nadex does not charge a fee
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for ACH deposits or withdrawals they
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usually take three to five days to
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process versus instant funding with a
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debit card
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both us and non-us residents can use
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wire transfers also called international
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bank transfers you can initiate a wire
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transfer from your bank's website or
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branch office wire transfers can only
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come from your checking account not
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savings commercial retirement or other
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accounts Nadex doesn't charge a wire
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transfer fee for deposits but your bank
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may wire transfers within the u.s.
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usually take one business day
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international transfers may take longer
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your bank sends your funds to the
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Federal Reserve which then forwards it
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to Nate Axis Bank which is with listed
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on the website will send you a
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confirmation once the deposit has posted
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to your account before you can perform
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bank transfers or withdrawals you need
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to add your checking account to your
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wallet click on my wallet and add an
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account select your country if your bank
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is in the US enter your bank's routing
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or ABA number if you select the country
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outside the US you'll be prompted to
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enter Swift Iban or whichever number
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codes are used in your country enter
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your account or Iban number then retype
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your account number to confirm it check
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the box confirming that this account is
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a personal checking account matching
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your Nadex info before you click Save
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account you may review the Nadex privacy
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policies again you'll get a confirmation
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email from Nadex
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if we need more documentation we'll let
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you know but most people don't that's it
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once you've added your bank account you
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can make ACH deposits wire transfers and
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withdrawals whenever you want
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if you deposited funds with a debit card
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you can withdraw funds back to your
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checking account using ACH or wire
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transfer there is a $25.00 Bank
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processing fee for domestic and
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international wire transfers and no fee
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for ACH transfers you can find wire
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transfer and instructions under my
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account
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so the key things to remember are go to
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my account in the platform and click
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account funding a debit card from your
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checking account is the fastest way you
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can also use a bank transfer or ACH you
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must have a personal checking account in
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your name and you will need to upload a
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bank statement to verify your
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information
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