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What safety measure I need to take before choosing any forex broker?

Bennie Riley (bennieriley)
Dec 04 2020 at 12:25
36 posts
Marshalsam877 posted:
Easy deposits and withdrawals are an important part of my trading. I feel so restless when I can withdraw my money quickly.

It is quite justified to feel restless when withdrawals are not on time. I did somersaults when my first withdrawal took 4 days when the broker had clearly said it wouldn't take more than 2.

Dec 09 2020 at 03:56
28 posts
Different funding and withdrawal methods should also be taken into consideration. For instance not all brokers accept crypto, or credit cards.

Dec 09 2020 at 07:18
29 posts
I do tend to put my withdrawal request on Fridays. Will do it on Monday next time and see. Thanks

Dec 09 2020 at 10:40
37 posts
Attaboy! Gosh you must be ultra new to trading to not be aware of this

Dec 09 2020 at 13:18
65 posts
It’s alright, we all were once new to this

Jack Smith (GlobalScalper)
Dec 09 2020 at 18:25
52 posts
Bennie Riley (bennieriley)
Dec 10 2020 at 10:36
36 posts
People also know that third parties sometimes cause the delay, like your concerned bank. From broker’s end processing happens very fast. But why is this such a big issue. If you are using a regulated licensed broker, like the one in question here pepperstone or fxview, you can be rest assured.

Dec 10 2020 at 12:42
28 posts
Regulations are just a mirage, a ploy for brokers to dupe traders into making them believe they are legit. Beware!

Dec 10 2020 at 13:30
4 posts
Now which one did you have an issue with and what. Sharing names always helps others.

Dec 11 2020 at 03:55
28 posts
Nah! Haven’t used them yet! I am still struggling to be able to withdraw my money from the broker. And customer service is not responding. Will transfer funds at the first possibility to a different broker.

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