What is the difference between a deposit and a withdrawal on Libertex?
A deposit adds funds to a trading account, while a withdrawal transfers available funds from the account to an external payment method. These two operations represent the fundamental financial transactions that connect a trader's external finances with their trading activity on the platform, and each follows its own process, timeline, and set of requirements.
When making a deposit, the trader selects a payment method, enters the desired amount, and initiates the transfer. Once the payment is confirmed by the provider, the funds are credited to the trading account and become available for opening positions, meeting margin requirements, or maintaining existing trades. The processing time varies by payment method. Electronic wallets and card payments are often credited within minutes, while bank transfers may take one to several business days. Deposits are subject to verification checks to ensure that the payment method belongs to the account holder, in compliance with platform and regulatory standards.
Withdrawals follow a different process that includes additional steps. When a trader requests a withdrawal, the platform first conducts an internal review to verify that the request meets compliance requirements, that the account is fully verified, and that sufficient available funds exist. This means that funds that are not currently tied up as margin for open positions. Once approved, the request is forwarded to the selected payment provider for final processing. Withdrawal methods generally correspond to the deposit method originally used, following the return-to-source principle that is standard practice across regulated platforms. Both deposits and withdrawals are recorded in the account's transaction history, providing a complete and transparent record of all financial movements for personal tracking, reconciliation, and tax reporting purposes.