Paypal will appear soon, read the reply from the service desk:
Forum on trading, automated trading systems and testing trading strategies
Paypal Withdrawal not Available
Chalin Saranga Jayathilake, 2022.11.30 14:06
Hello, our apologies, there are some technical issues from our side.
Temporary PayPal is not working for withdrawals, please try other withdrawal options.
Hopefully soon it will be fixed. If you want to use only PayPal for withdrawals, please try 1-2 days later.
Please MQL should consider adding crypto as a means of payment and withdrawal. It will facilitate fast transactions.
The methods of withdrawal here are too limited, and most times Cards are usually rejected when using card withdrawal method.
Thanks
Please MQL should consider adding crypto as a means of payment and withdrawal. It will facilitate fast transactions.
The methods of withdrawal here are too limited, and most times Cards are usually rejected when using card withdrawal method.
Thanks
They can not add crypto as payment and withdrawal because of some limitations in EU and in the US for example.
It is the replies of admins about it which I found on Russian forum:
Unfortunately, crypto methods and stablecoins are not available to us now. We are limited in payouts by our payment gateways and tax jurisdictions.
The topic of crypto covers up and drags players to the legal bottom en masse every week. Therefore, we do not touch it. We do not discuss this topic.
The methods of withdrawal are working fine: the cards work in most of the times, webmoney works, paypal is temporarily unavailable but I think it may be the best for withdrawal. So, not a problem for any withdrawal.
Users in Russian forum (most of them) are having a lot of governmental/EU/etc limitations concerning cards and so on but they did not complain, and they say that withdrawal methods are very fine (and very fast) - they can use webmoney and they can use UnionPay cards from some banks:
Forum on trading, automated trading systems and testing trading strategies
How to withdraw money from MQL5.com now?
Nikolay Ivanov , 2022.12.03 02:01
I just checked the output on webmoney ... in 1 second it was displayed without problems. even faster than last time ..So, not a problem at all.
- www.payoneer.com
PayPal removal on MQL will cost us a lot truly
They can not add crypto as payment and withdrawal because of some limitations in EU and in the US for example.
It is the replies of admins about it which I found on Russian forum:
The methods of withdrawal are working fine: the cards work in most of the times, webmoney works, paypal is temporarily unavailable but I think it may be the best for withdrawal. So, not a problem for any withdrawal.
Users in Russian forum (most of them) are having a lot of governmental/EU/etc limitations concerning cards and so on but they did not complain, and they say that withdrawal methods are very fine (and very fast) - they can use webmoney and they can use UnionPay cards from some banks:
So, not a problem at all.
There are many electronic payment gateways in the world, which I do not think it is problematic to use them according to the laws they are required to comply with.
And surely they are with much less commission than the ones they have here, including PayPal, which has always been very expensive in commissions.
Some ones:
- Neteller
- Stripe
- Paypro Global
- Payoneer
- PayPro Global
- BlueSnap
- home.bluesnap.com
...
I am not from EU and I am not a lawer. So, I do not know: it is the legal, safe and easy for them, or not.
I know that MetaQuotes company is the software development company (not a broker).
And I spoke with admin several years ago by PM, and he told me that his software (Metatrader) will exist
with mql5 forum or without mql5 forum (with Market or without Market), because the main priority for them is to develop the software.
Neteller .. Stripe .. Paypro Global .. Payoneer ...why do they (programmers who are developing the software) need them?
And please do not compare MQ with the brokers.
MQ is not a broker. Because brokers are existing from deposits/withdrawals and so on: if the traders stop deposit.withdrawal from the brokers so the brokers will stop existing. But Metatrader will exist irrespective off the forum, Market, deposits/withdrawals.
Of course, it is more good to have more payment getaways ... but if not so not ...
Of course, it is more good to have more payment getaways ... but if not so not ...
Although I am quoting Sergey’s post, this my post is actually aimed at all those requesting extra payment options.
I can fully understand everyone’s frustration, but I have to acknowledge MetaQuotes’ point of view, and would like to give examples of how other software companies handle this.
For examples, Microsoft, Apple or Adobe — only offer Credit Card, PayPal and Bank Wire Transfers, as payment methods for services and products online.
In fact, for corporate business-to-business services, only Credit Card and Bank Transfers are offered. PayPal is only offered to retail customers, not corporate customers or providers.
So, the fact that MetaQuotes offers more options than these is already a bonus.
And you can forget Cryptocurrencies. Not only are they not allowed under certain business and legal obligations, but they are much too unstable for a non-financial company to manage and MetaQuotes ia a software company, not a financial one.
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If PayPal withdrawl is gone again, then looks like I'm shutting down my testing agents as it's the only payment method that works for me.
Please bring it back