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AMP Global withdrawal at a glance

Whether you are using an online broker for short-term trading or for longer-term investments, there will come a point when you may want to enjoy the fruits of your trading activity if you've been making profitable transactions, or you just need access to your funds for any reason. To do that, first you have to withdraw money from your broker account.

That doesn't sound very complicated, but brokers differ considerably in what withdrawal options they offer (such as bank transfer or credit/debit cards), as well as in the speed and convenience of withdrawal. And while withdrawal at many brokers is free in most cases, some brokers and some types of withdrawals may involve a fee.

So how does AMP Global fare in this regard? Before we dive into the details, let us show you at a glance how you can withdraw money from AMP Global and how AMP Global's withdrawal fees and options compare to some of its close competitors.

AMP Global withdrawal fees and options snapshot
AMP Global Capital.com FxPro
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Withdrawal fee Bank withdrawals in EUR and within EU costs 0.15% with €2 min and €5 max. EUR withdrawals outside EU costs €17. Free withdrawal Free withdrawal

How to withdraw money from AMP Global
AMP Global withdrawal options

Withdrawal via bank transfer is by far the most common option. It is available at basically all brokers, and AMP Global is no exception.

In addition to bank transfer, AMP Global also allows you to withdraw funds to a debit or credit card. Many brokers don't offer this option, so this is a definite plus for AMP Global.

You can also withdraw money to electronic wallets. This is a nice feature that isn't available at all brokers. At AMP Global, you can withdraw money to the following electronic wallets: Skrill, Neteller.

Speed also matters. Unlike some deposit options, withdrawal is rarely instant. It usually takes at least 1 business day, but often several business days for your money to arrive.

We tested withdrawal at AMP Global and it took us 1 business day. It doesn't really get any better than this!

To withdraw money from AMP Global, you need to go through the following steps:

  • Log in to your account
  • Select 'Withdrawal' or 'Withdraw funds' from the appropriate menu
  • Select the withdrawal method and/or the account to withdraw to (if more than one option is available)
  • Enter the amount to be withdrawn, and, if prompted, a short reason or description
  • Submit your request

Whatever method you use, you may only withdraw money to accounts or cards that are in your name.

How to withdraw money from AMP Global
AMP Global withdrawal fees

While depositing money to a brokerage account is free in most cases, this is not necessarily always true for withdrawals. International bank transfers and wire transfers in particular can sometimes incur high fees, so always check carefully if this is something that would apply to your transactions.

Unfortunately, AMP Global has no free withdrawal options. See the table below for details, and also how AMP Global's fees compare with some of its immediate competitors.

AMP Global withdrawal fees
AMP Global Capital.com FxPro
Domestic bank withdrawal Bank withdrawals in EUR and within EU costs 0.15% with €2 min and €5 max Free withdrawal Free withdrawal
International bank withdrawal EUR withdrawals outside EU costs €17. Free withdrawal Free withdrawal
Credit/debit card withdrawal 2.72% Free withdrawal Free withdrawal
Electronic wallets withdrawal Between 0-3.25% depending on the withdrawal method Free withdrawal Free withdrawal

How to withdraw money from AMP Global
Bottom line

AMP Global has multiple withdrawal options, though unfortunately none of them are free. This is a disadvantage, especially if you want to withdraw smaller amounts frequently.

To see how AMP Global's withdrawal fees and options stack up against the rest of the brokerage market, check out our broker comparison tool.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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