How do you withdraw money from tastyworks?
Log in to your account
Select 'Withdrawal' or 'Withdraw funds'
Select the account to withdraw from
Link your bank account
Set the transaction date/frequency
Enter the amount to be withdrawn
Confirm the withdrawal
Note that you may only withdraw money to accounts that are in your name.
tastyworks withdrawal options
Withdrawal via bank transfer is by far the most common option. It is available at basically all brokers, and tastyworks is no exception.
Bank transfer withdrawal is the only option available at tastyworks, which puts it at a slight disadvantage over brokers that also offer withdrawal to credit/debit cards or electronic wallets.
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 tastyworks and it took more than 3 business days - a little bit on the slow side compared with most other brokers.
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