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Can withdrawals be processed in less than a day?

shaunmarsh
Jan 12 2021 at 12:11
65 posts
I have used all kinds of brokers till now, from offshores to domestic - even the ones that are not regulated - in the hope of finding a broker that is fast in execution and withdrawals. I wait days for seeing my profits in my account and I hear traders saying their’s takes a day, is it really possible? If yes, please suggest some names, except bucket shop recommendations.
yana hansen (78678676)
Jan 12 2021 at 12:23
137 posts
Yes it is possible for a withdrawal to be processed in the same day.
Hrenz
Jan 13 2021 at 15:50
38 posts
Basically withdrawal of funds and must be carried out in one day
dutchy1986
Jan 13 2021 at 20:39
52 posts
The broker I use does same day withdrawals and is why I chose them to be honest
yana hansen (78678676)
Jan 14 2021 at 08:27
137 posts
dutchy1986 posted:
The broker I use does same day withdrawals and is why I chose them to be honest
Which one are you using?
Jakemark
Jan 14 2021 at 12:27
37 posts
A day is most unlikely, most withdrawals take 3 to 4 weekdays to process. What you should look at is if any withdrawal amount is charged by your broker. Some brokers charge this amount for all kinds of trading volume and in my opinion those are not worthy brokers. Again with order executions, you can expect some slippage on most if not all platforms.
Lorencecolling
Jan 14 2021 at 12:48
49 posts
3 days is standard time that most brokers take. I doubt you’ll find any which will make this process faster. Your bank will also take its own sweet time.
colininghrams
Jan 15 2021 at 05:02
29 posts
Lorencecolling posted:
3 days is standard time that most brokers take. I doubt you’ll find any which will make this process faster. Your bank will also take its own sweet time.
I have even dealt with brokers that take up to a week, so 3 days seem too good to me. On spreads I have been rather lucky. Getting as low as 0.3 pips on IC Markets (my current broker). Withdrawals generally take about 5 days.
Markwoods
Jan 15 2021 at 06:44
26 posts
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
Sar John (Sarjohn)
Jan 15 2021 at 11:17
187 posts
First choose a regulated broker; they will care for your fund security and will process your withdrawal on the same day. It also depends on your withdrawal method you choose to withdraw.
rosellemunsays
Jan 15 2021 at 12:10
27 posts
Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
It’s much more than an hour, practically a day with Amarkets, exception being Neteller and skrill withdrawals.
shaunmarsh
Jan 15 2021 at 12:26
65 posts
78678676 posted:
Yes it is possible for a withdrawal to be processed in the same day.
Which broker?
shaunmarsh
Jan 15 2021 at 12:28
65 posts
dutchy1986 posted:
The broker I use does same day withdrawals and is why I chose them to be honest
Names please.
Kylealker87
Jan 15 2021 at 12:39
34 posts
Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
Jakemark
Jan 15 2021 at 12:43
37 posts
Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
Have you actually tried these brokers or are just going by their claims?
shaunmarsh
Jan 18 2021 at 12:55
65 posts
Sarjohn posted:
First choose a regulated broker; they will care for your fund security and will process your withdrawal on the same day. It also depends on your withdrawal method you choose to withdraw.
I’ll be using my bank cards mostly, I mean no skrill type or bitcoin payments. And yes, I do intend to use a regulated broker exclusively. Quite particular on that, but that hasn’t proven to be a fast track method for me to receive my payments.
yana hansen (78678676)
Jan 19 2021 at 12:41
137 posts
Kylealker87 posted:
Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
Freshforex is not regulated, hence less trustworthy.
Dorigda
Jan 20 2021 at 10:32
83 posts
As for me, it is important how quickly the funds are paid out.
yana hansen (78678676)
Jan 21 2021 at 07:25
137 posts
Dorigda posted:
As for me, it is important how quickly the funds are paid out.
It is for everyone out here.
colininghrams
Jan 21 2021 at 07:42
29 posts
Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
This makes no sense because where withdrawals actually get stuck is at third party. So you ought to to check with your bank how much time they would take. And obviously there will be no movement on weekends. Even if brokers like Roboforex say they do the processing on the weekends too.
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