nutmeg Close Account

Adam Rosen - Lead financial writer

Updated 11-May-2024

nutmeg Close Account

For whatever reason you may wish to close or delete your live nutmeg trading account. nutmeg is a multi-asset broker that was established in 2008 and is headquartered in USA. nutmeg offers trading in Forex, Commodities, Indices, Stocks, Crypto, Futures to over 10,000 clients. There are a few ways to close and deactivate your live nutmeg account including online, through email and even through the post. Closing your nutmeg account will take around 3 to 10 days depending on your circumstances. There are a few things you will need to check before you close your nutmeg acccount as once your nutmeg account is fully deactivated, any trading research and available nutmeg funds or any other data that remains needs to be in your possession. Once nutmeg trading platform access is lost.

What are the steps to deactivating and closing my nutmeg account?

  1. Once logged into nutmeg, choose "delete" or "Close Account" from the nutmeg drop-down menu that is located at the very bottom of the page on the nutmeg. Once you have navigated to the nutmeg settings page, select the option that allows you to delete your nutmeg live trading account.
  2. A pop-up will inquire as to the motivation for your decision to close your nutmeg account, and it will provide you one final opportunity to change your mind. A nutmeg representitive may also contact you to confirm your nutmeg account closure.

It is now possible to close your nutmeg account within three days, provided that all of your nutmeg positions have been closed and all available nutmeg funds have been withdrawn.

Although there are thousands of people who use nutmeg, at some point you may want to close your nutmeg account. It only takes a few clicks of a button to delete your nutmeg account if you decide you've had enough of the nutmeg platform and no longer want to use it.

Before you close your nutmeg account, double check that all open trades have been closed and that you have withdrawn the full amount of money from your available nutmeg balance.

You can terminate your nutmeg account via email

You can log in to your nutmeg account using the email address that you provided during the nutmeg registration process in order to terminate your nutmeg account. Send an email to requesting that your nutmeg account be closed. The email should contain your nutmeg account deactivation and closing request.

Your nutmeg Account Can Be Closed Via Telephone

you can also contact a nutmeg support agent by calling . They will be able to assist you.

To delete your nutmeg account, go to https://www.nutmeg.com/ and then follow the instructions that are provided on the nutmeg website. If you have any questions or concerns about deleting your nutmeg account.

Your nutmeg Account Can Be Closed Via Post

You can send a letter to the nutmeg head office in to request that your live nutmeg account be closed. closing your nutmeg account via post will take allot longer and you will want to know if nutmeg recieved your nutmeg account closing letter.

How Much Time Will It Take Before My nutmeg Account Is Deleted?

nutmeg requires three to ten business days to close your account, and their may be some associated fees when closing your nutmeg acccount. nutmeg accounts with available funded balance may take longer if you do not provide nutmeg with a withdrawal method and verify your ID.

Is it possible to reactivate my nutmeg account after it has been closed?

When an nutmeg account is closed, it cannot be reopened under any circumstances; however, a new nutmeg account can be created at any time by using a different username and email address. Your nutmeg trading history and data will be wiped clean from any previous nutmeg transactions that you have closed, as well as any active nutmeg accounts you have had in the past.

Are Multiple nutmeg Accounts Possible?

You are free to create as many nutmeg accounts as you like. You will need to register with nutmeg with the same name and documents as you did when you created your previous nutmeg account in order to do this. You will, however, be required to create a new nutmeg login name and email address for your new nutmeg accounts.

What Are Some of the Reasons That People Want to Cancel Their nutmeg Account?

The majority of newcomers struggle with fundamental issues such as risk management, which frequently results in significant financial losses with brokers like nutmeg. People typically decide to close their trading account on nutmeg because they no longer wish to participate in the nutmeg platform's trading activities. Its possible you have trading accounts else where and you wish to close up nutmeg or you are looking for an nutmeg alternative.

Inactivity Fees for Your nutmeg Account

It's possible that you have an nutmeg account in which you haven't executed a live buy or sell order in a few months. If this is the case, your nutmeg account may be marked and dormat and eventually locked.

Because nutmeg does charge inactivity fees for nutmeg dormant accounts, you should make sure to close any nutmeg accounts you have with nutmeg that you no longer intend to use.

Withdraw the remainder of your nutmeg balance

You can take money out of your nutmeg account whenever you like by using the nutmeg trading platform or going to the website https://www.nutmeg.com/.

In order to accomplish this, you will need to take any remaining money out of your nutmeg broker account, which is a process that is also known as final nutmeg balance withdrawal.

There is a wide variety of withdrawal methods offered by brokers like nutmeg, as well as differences in the amount and speed of withdrawal speeds depending on your chosen nutmeg withdrawal method.

You are permitted to withdraw funds from your nutmeg account up to the value of the available funds in your nutmeg account at any given time. Because you are not required to keep any money in your nutmeg account, you are free to withdraw the entirety of your nutmeg balance whenever you see fit. Remember that any nutmeg funds that you withdraw will be put back into the same account that they came from when you made the nutmeg deposit. This is the most important thing to keep in mind.

It is possible that you will be required to provide an alternative method in order to withdraw money from nutmeg if your details have changed since the time that you initially deposited the nutmeg funds.

When you withdraw money from nutmeg, the process is not instant; rather, it typically takes at least several business days for the money to reach you. nutmeg withdrawal times differ depending on the selected payment method in your nutmeg dashboard.

If all of the information associated with your nutmeg account is accurate, the processing of your request to withdraw funds from your nutmeg account may take up to one to ten business days. The amount of time it is estimated to take to receive payment from nutmeg after a withdrawal has been processed varies entirely according to your chosen method of payment and is dependent on the 3rd party payment service provider supported by nutmeg.

nutmeg Account Deactivation Delays

Because there is a possibility of delays when withdrawing large sums of money from an nutmeg account, we recommend getting in touch with your financial institution in advance. Additional nutmeg waiting time may be incurred due to the placing of a security hold on large nutmeg withdrawals. Please check with your financial institution before initiating a nutmeg withdrawal because the processing times associated with each nutmeg withdrawal method are unique.

While your nutmeg account is 'Under Review', you will still be able to withdraw funds from it; however, you will need to have funds that are eligible for nutmeg withdrawal in order to complete the withdrawal process. Once your nutmeg withdrawal request has been processed by nutmeg and the withdrawal process has been finished, you will be notified via email that the request has been fulfilled.

It is important that you understand that you can only withdraw nutmeg money into accounts that are under your own name.

Withdrawal Fees Charged by nutmeg

Because 3rd party fees for nutmeg international bank transfers and wire transfers can be quite high, you should make it a habit to double check whether or not this is something that will be applicable to the nutmeg closing transactions you conduct.

At nutmeg, the withdrawal of funds for basic transactions is free of charge. You will be subject to an additional fee by your 3rd part nutmeg withdrawal method for currency conversion if you choose to withdraw funds in a currency other than US dollars (USD). The prices of the nutmeg withdrawal services may shift at any time in response to shifts in the market conditions.

The majority of withdrawal requests made to nutmeg are processed free of charge through common withdrawal methods like Bank Transfers.

How to Uninstall the nutmeg App on Your iOS or Android Device

On your iOS or Android device when the app list window displays, touch and hold the nutmeg app icon until it appears, and then pick the option to Remove App from the menu. After opening the app drawer, which is where all of your apps including nutmeg are kept, you may move them to the Uninstall area (on Android) on the left side of the screen by dragging and dropping them there. From that screen, select the Delete nutmeg App option to confirm that you wish to remove the nutmeg application from your phone. Tap the minus sign or the X to delete nutmeg applications, which is the quickest and easiest method to remove nutmeg applications from your device.

nutmeg should be removed from your computer if no longer needed

If you have downloaded nutmeg to your PC or Mac computer you can uninstall any nutmeg software and remove nutmeg from your web browser.

What You Need To Do To Cancel A Request To Close Your nutmeg Account

You can get in touch with nutmeg customer support via e-mail, the phone, or live chat if available if you don't feel like closing your nutmeg account. As long as your nutmeg close account status is 'Under Review' or 'In Progress', you may cancel your nutmeg account closure request by contacting nutmeg customer support.

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