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Can withdrawals be processed in less than a day?

Numeromatt
Mar 22 at 12:17
38 posts
jimmyneeesham posted:
Is there a way to know how long will a platform take to process withdrawals or we just go by the hearsay?

To see how fast a broker is with withdrawals, you can open a small account with them, make a trade and try to withdraw. If it takes a long time to process, you'll know. Generally it doesn't take more than a week to process withdrawals but again that depends on the broker.

Bladiminmunro
Mar 23 at 04:49
59 posts
pearlstephens posted:
hitterbull posted:
PensionPay posted:
shaunmarsh posted:
PensionPay posted:
Withdrawals can be processed on a day and you have your bank accounts credited same day. Most of the clients i trade for always have their accounts credited same day.

Who all are your experiences with?


Clients i trade for on icmarkets, hotforex do get sane day.

Yeah icmarkets is good with withdrawals.

Do they charge for withdrawals? Normally, the broker’s I’ve traded with, do

You can look for brokers that don't charge anything or have 'zero fees' for deposits or withdrawals. I haven't come across a broker that charges for that and maybe you can look for a better option if it helps.

Shaunmaxi
Mar 23 at 10:50
28 posts
shaunmarsh posted:
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

Of course you'll find a broker that has multiple ways for payments and stuff. A lot of them even accept payments through crypto now so it shouldn't be an issue.

Harshalmark09
Mar 24 at 10:25
15 posts
Calacti posted:
Marlonsmith posted:
Tyronemings654 posted:
donelderly posted:
BrantleyC posted:
i was baffled too, cysec and FCA are good ones to count as regulations or any broker per say.

That is right and I agree! Don’t know what I would’ve done without regulation. Can’t seem to put my trust just anywhere. Is that common?

Idk I'm kind of okay with any broker. These things don’t matter to me much. Just the trading conditions ought to be right.

Seriously it doesn’t matter to you? Ever thought what happens if your broker goes bankrupt? The regulated ones will not be using the client's funds and you’ll have a peace of mind that your money’s safe no matter what.

I’m all for regulated brokers. Can’t imagine trading where there’s no transparency and don’t know whether the broker is manipulating the market in their favor.

Honestly, I'm with you on this one. There has to be some safety of funds if you're trading with a broker and regulation does add to it. I prefer them too!

Harrylam887
Mar 25 at 05:05
18 posts
Calacti posted:
shaunmarsh posted:
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

Is there any particular withdrawal method that’s better?

Don’t think there is. The amount as far as I know gets processed through the same gateway you deposited it from. Luckily I’ve been receiving the payments within the committed time frame.

williamhayes
Mar 25 at 07:39
39 posts
I received the payment after 10 days of it being marked completed? Does this happen much or was it me?

Ainsley524
Mar 26 at 04:14
19 posts
William, which withdrawal method did you use?

bennieriley (bennieriley)
Mar 26 at 10:22
36 posts
jimmyneeesham posted:
Is there a way to know how long will a platform take to process withdrawals or we just go by the hearsay?

No matter the withdrawal, I don’t think any process takes this much time to reach your account. Did you speak with the support team?

Rogerwood465
Mar 27 at 05:09
22 posts
jimmyneeesham posted:
Is there a way to know how long will a platform take to process withdrawals or we just go by the hearsay?

10 days is a lot, my friend. You shouldn’t have to put up with such a broker. In my experience, it takes about 24 hours for processing withdrawals with a few brokers. But again that also depends on what method is being used.

Daminichatter
Mar 30 at 10:27
5 posts
Withdrawal processing time completely relies upon the withdrawal mechanism and how much time your broker is taking to request the withdrawal. Amenities such as Skrill, Paypal, and Neteller are regularly ideal for withdrawals and retainment. You can expect an under 24 hour exchange time when pulling out to these amenities. TP Global allows you to withdraw at any time through a request. When the request is submitted by 10 am, the withdrawal is processed on the same day by 5 pm. Requests submitted after 10 am will be processed the following day by 5 pm.

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