COMPANY POLICY
FINANCIAL POLICY FOR Merri Stocks
The following questions is designed to answer the most common questions in regards to financial assistance and withdrawing funds from your account with Us.
Withdrawing Funds – How Does It Work?
We have designed our withdrawal process to be easy and secured. To begin the withdrawal process first log in and then choose the banking page which consist of the Deposit and Withdrawal found on your user dashboard, choose the “Withdrawal” option. After that fill out the fields and click “Continue” to proceed. Select the methods convenient for you but NOTE" withdrawal will only be accepted by primary means of deposit”
If the value of the withdrawal request exceeds the value of the amount deposited by credit card the remaining value will be transferred by wire transfer. In order to comply with money laundry policies, We will request the following documentation before the first withdrawal will be granted:
Please note that if multiple credit cards were used to deposit funds, the documents listed above will be required for each credit card.
Customers will be notified by email regarding documentation required. Withdrawals will not be processed and confirmed until these documents are received.
What are the Withdrawal Charges?
There are withdrawal charges associated with certain account levels:
BEGINNER PLAN: – 10%
ADVANCE PLAN: – 8%
PROFESSIONAL PLAN: –5%
MASTER PLAN: – Every withdrawal is free!
Also NOTE: Our new withdrawal policy states that all customers is expected to pay fees upfront to certain details that will be provided before withdrawal will be processed. This is in line with standard Brokerage Commodities, Futures and Tax Withdrawal Policies by Regulatory Authorities.
FEES ON METHOD CHOSEN:
Credit Card: 3.5%
Skrill (Moneybookers): 2%
Neteller: 2.5%
Wire fee: 100USD / 50EUR / 35GBP/ 1,000JPY.
Bitcoin: Free (prior to Network charges)
Minimum wire transfer withdrawal amount is equal to the first amount deposited.
Please note that there might be an additional fees, related to intermediary banks.
Can there be a restriction on my account?
Yes, - restriction can be placed on your account when you do not meet the requirements such as asked of verification or on upgrade of account. There are several account types and all these accounts have a threshold limit which must be upgrade upon bridge.
Minimum deposit may be subject to change without prior notice. Please contact us for up-to-date information.
Must Withdrawal Requests Only Be Made at Certain Times? Requests for withdrawal can be made at any time via the user dashboard. The requests will be processed only after identification has been verified, and during the relevant financial institutions business hours.
Do You Require a Minimum Withdrawal Amount?
The minimum amount for withdrawal is $50
Is There a Withdrawal Limit?
Withdrawals are capped at the amount of funds that are currently in the account
How Long Does It Take To Get My Money?
Withdrawal requests are addressed and handled as quickly as possible. To expedite this process, we ask that you upload the documents details above so that once your identity is verified, we can begin to process the withdrawal process without delay.
Why is Escrow services implemented?
All online activities on the Merri Stocks platform are protected by our escrow services, a holding mechanism for funds in any pending transaction. When a user initiates a deposit or withdrawal, all authorized payments ranging from generated wallet addresses and other payments methods are escrow supervised. This means that lost funds during the process of a deposit or withdrawal is retrievable if the right information are provided. Visit support@epik-escrow.com for more enquires.
Company Information: This website is operated by Merri Stocks Capital Limited, - Hon Kong investment firm, authorized and regulated by the Intentional Financial Services Commission of HK with license number IFSC/61/440/TS/18. Merri Stocks Capital Limited is located at Unit 303, No. 16 Cor. Eyre Street, Blake Building, HK
According to the payment agent agreement between Merri Stocks Capital Limited and Kakao Services Limited, Kakao Services Limited will be acting as payment agent providing payment services to Merri Stocks Capital Limited.
Risk warning: Contracts for difference (‘CFDsʼ) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of trading capital CFDs, which is marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantages and disadvantage. CFDs trader do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for beginners. Past performance does not constitute reliable indicator for future results. Future forecasts do not constitute reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary.