How to Setup Your Prop Broker (Full)
Prop Trading Back Office User Guide
  • How To Setup Your Prop Broker
  • 1. Branding Setup
    • Domain Settings
    • Brand Settings
    • Login Page Configuration
    • Navigation Settings
  • 2. User & Role Management
    • Role Management
    • User Management
  • 3. Client Onboarding Process
    • Registration Form
    • Onboarding Flow
    • KYC Policies
    • Client Registration Process
    • Client KYC Process
  • 4. Client Group Settings
    • Client Groups
    • Sensitive Fields
  • 5. Referral Program Settings
    • Referral Program Banner
  • 6. Deposit Settings
    • Deposit Account Settings
    • Payment Method Settings
    • Payment Gateway Icon
    • PSP Settings
  • 7. Withdrawal Settings
    • Withdrawal Account Settings
    • Withdrawal Method Settings
    • Match2Pay Withdrawal
  • 8. Trading Platform Settings
    • Synchronization with CRM
  • 9. IB Commission Settings
    • Ranks
    • Symbol Groups
    • Rule Settings
    • Fixed Commission Scheme
    • Flexible Commission Scheme
    • Commission Calculations
  • 10. Email Settings
    • Email Provider
    • Notification Templates
  • 11. Approval Settings
    • Types of Approval Methods
    • Approval Method Settings
    • Multi-Level Approval
  • 12. Promotional Link Settings
    • Creating Promotional Links
    • Sharing Promotional Links
    • Viewing Performance Analytics of Promotional Links
    • Application of Promotional Links
  • 13. Prop Trading Settings
    • Marketplace Installation & Permission Settings
    • Prop Challenge Structure
    • Prop Challenge Menus
    • Prop Challenge Dashboard
    • Viewing Prop Challenges
    • Setting Up Prop Challenges
    • Editing Prop Challenge Settings
    • Deleting Prop Challenges
    • Participants
    • Challenge Statistics
    • Profit Sharing
    • Participating in Prop Challenges
    • Prop Trading Challenges
  • 14. Coupons & Promo Codes
    • Marketplace Installation & Permission Settings
    • Coupons
    • Promo Codes
  • 15. Go Live
  • 16. Other Functionalities
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  • 1. Creating New Withdrawal Methods
  • 2. Exchange Rates
  1. 7. Withdrawal Settings

Withdrawal Method Settings

PreviousWithdrawal Account SettingsNextMatch2Pay Withdrawal

Last updated 9 months ago

In the withdrawal method settings, you can create and configure withdrawal methods for your clients. These settings allow you to specify the currencies accepted, withdrawal fees, minimum and maximum withdrawal amounts, and customize the withdrawal form according to your requirements.

1. Creating New Withdrawal Methods

To create a new withdrawal method, follow these steps:

Click on the "Create" button.

  1. Enter the name of the withdrawal method in the respective languages.

  2. Select the client group(s) for which this withdrawal method will be available. This determines which clients will have access to this particular method.

  3. Choose the supported currencies for this withdrawal method. Clients will only be able to withdraw funds in the currencies you specify here.

  4. After selecting the supported currencies for the withdrawal method, you will need to configure the withdrawal settings for each currency:

    • Minimum Withdrawal Amount

    • Maximum Withdrawal Amount

    • Fee (%)

    • Maximum Fee Amount

  1. Set up the required fields for the withdrawal form. To add a new field:

    • Click on "Create."

    • Select the field type from the available options.

    • Indicate whether the field is required or optional for clients to fill in.

    • Fill in the field details and click on "Create Field".

  2. Once you have configured the withdrawal method and added the required fields, click on "Save" to save the withdrawal method settings.

When clients withdraw funds, they will have visibility of the available withdrawal methods along with the corresponding accepted currencies, fees, and withdrawal amount ranges.

2. Exchange Rates

In the Exchange Rates settings, you have the option to set the exchange rates for the currencies accepted. You also have the flexibility to set different exchange rates for the currencies accepted based on different Client Groups.

By assigning specific exchange rates for each Client Group, you can customize the currency conversion rates according to their specific needs or business requirements. This feature allows you to cater to different client segments or regions that may have varying exchange rate preferences or pricing structures.

To set the exchange rate for your currencies, please refer to this section:

2. Exchange Rates