Set up monthly withdrawals
You can use Monthly withdrawals to automatically create monthly withdrawal trade orders based on parameters defined on the portfolio. To learn more, see Monthly withdrawals FA User guide.
Configure monthly withdrawals
Go to Tools → Administer → Bank and custody connections → Manage and open the Monthly withdrawals tab.
Fill in the fields:
- Minimum withdrawal size
The minimum amount for a monthly withdrawal (in portfolio currency). If you enter "0", no minimum is applied. Note that the portfolio value is always considered: if the minimum withdrawal is less than the portfolio value, the full remaining balance is withdrawn.