MagicMarkets · Withdrawals

MagicMarkets Withdrawal Pending? Times, Limits, KYC & What to Do (2026)

By the Casino Reviews Global editorial team. Updated . Facts checked 27–28 October 2026 against MagicMarkets's own pages, licence registers and regulator records.

Verdict: Avoid if you need predictable withdrawal chargesMagicmarkets’ terms allow a handling charge of up to 5% on withdrawals, while its About page says only the blockchain network fee applies[1, 2]. The terms let Magic Markets withhold amounts, including winnings, when specified suspicions arise[1].

Magic Markets can suspend or terminate an account, cancel outstanding bets, and withhold or retain amounts, including winnings, at its absolute discretion if specified suspicions arise[1].

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Magicmarkets refund deadlines

Refund requests must be made within 24 hours of a transaction, or within 30 calendar days when the customer claims unauthorized account access[1].

Magicmarkets withdrawal fees

The terms allow a handling charge of up to 5% on deposits and withdrawals to cover transaction costs[1]. The About page says withdrawals carry only the blockchain network fee[2].

Why can Magicmarkets withhold a withdrawal?

Magic Markets can close an account and refund its balance without giving a reason or prior notice[1].

What should you do about a pending Magicmarkets withdrawal?

  1. Notify Magic Markets in writing about a complaint concerning a bet within 30 days after the transaction; later notifications will be disregarded[1].

MagicMarkets FAQ

How much can Magicmarkets charge for withdrawals?

Its terms permit a handling charge of up to 5% on deposits and withdrawals; the About page describes withdrawals as carrying the blockchain network fee only[1, 2].

What refund deadline applies to Magicmarkets transactions?

Refund requests must be made within 24 hours of a transaction, or within 30 calendar days for claimed unauthorized account access[1].

What deadline applies to Magicmarkets bet complaints?

Customers must send a written complaint within 30 days after the bet transaction[1].

Can Magicmarkets withhold winnings?

Yes. Its terms permit withholding winnings at absolute discretion when specified suspicions arise[1].

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How we checked. We read MagicMarkets's terms and help pages, the licence register and regulator records on the dates shown under Sources, and stored a copy of each page where the site allowed it. We did not deposit, play or withdraw (payout testing: not performed). Methodology.

Sources

  1. magicmarkets.com/terms-of-service — operator document, clauses 25.2, 7.1.9, 7.5.8, 7.4.2, 8.12, checked 31 October 2026
  2. magicmarkets.com/about — operator document, clause How MagicMarkets works, checked 31 October 2026