Can withdrawals be processed in less than a day?

Jan 12, 2021 at 12:11
4,795 Views
47 Replies
Member Since Nov 08, 2019   26 posts
Jan 28, 2021 at 07:41
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.
Member Since Oct 05, 2020   65 posts
Jan 28, 2021 at 12:49
robindude posted:
Depending on the brokers, but the user above me had said it correctly, that sometimes some broker tends to say something like that only for it to takes 2-3 days atleast. Not all brokers are like that.
Have you used brokers which aren’t like that? If yes, then I would appreciate names please, thanks.
Member Since Jan 17, 2021   31 posts
Jan 29, 2021 at 21:18
if you are not in a scam broker...you can easily withdraw your funds...
Go with a broker that is regulated...I would not suggest using broker that has establisment offshore...
Member Since Nov 06, 2020   18 posts
Feb 03, 2021 at 09:14
Rogerwood465 posted:
vanzadorbey posted:
if you are not in a scam broker...you can easily withdraw your funds...
Go with a broker that is regulated...I would not suggest using broker that has establisment offshore...
I don’t think there’s anything wrong with going offshore, privacy is one big plus, then there’s complete protection of assets.
And also I would add flexibility and range in terms of investment options with brokers like hotforex, fxview, xtb etc.
Member Since Oct 23, 2020   37 posts
Feb 03, 2021 at 11:11
Harrylam my only issue with such brokers is the high leverage that they offer, it is way too tempting and way too dangerous.
Member Since Oct 09, 2020   28 posts
Feb 05, 2021 at 06:40
That’s hardly possible. Usually brokers use a payment method that is directly proportional to the deposits which means the same e-wallet, bank account, or card.
Member Since Nov 30, 2020   21 posts
Feb 05, 2021 at 10:28
Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.
Member Since May 01, 2020   11 posts
Feb 05, 2021 at 11:50
YAA i use FXTM very good and reliable broker so far i recommend it
Member Since Sep 18, 2018   11 posts
Feb 15, 2021 at 10:33
I have had same day withdraws from IC markets before
Member Since Nov 07, 2020   22 posts
Feb 17, 2021 at 05:55
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
Member Since Dec 05, 2020   81 posts
Feb 17, 2021 at 05:59
Rogerwood465 posted:
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
Hmm, but can't really trust people's withdrawals much until we have a personal experience, Isn't it guys?
I remember one of my friend suggesting a broker with good withdrawals turned out to be a bad experience when i tried them.
Member Since Oct 09, 2020   28 posts
Feb 18, 2021 at 05:30
Roger! Yes, you are absolutely right! Most brokers clearly mention what they will be offering. If a broker doesn’t, it will probably turn out to be a scam.
Member Since Jul 15, 2020   36 posts
Feb 23, 2021 at 09:50
Hey Dennis! You know I missed a heartbeat when I read this because a good portion of my trading capital is in Fxview. So, yeah, it’s based in Cyprus and all but it’s regulated. And Frankly, I’m not complaining as long as I get my withdrawals in time.
Member Since Dec 31, 2020   16 posts
Feb 23, 2021 at 10:28
i was baffled too, cysec and FCA are good ones to count as regulations for fxview, or any broker per say.
Member Since Nov 26, 2020   18 posts
Feb 24, 2021 at 04:30
Eesh my bad Laura. Just checked again, yeah, it’s regulated.
Member Since Nov 26, 2020   18 posts
Feb 24, 2021 at 09:31
Just did some more digging, and Fxview offers something called ‘Negative balance protection’? What is that, is it like even if I bet against the tide, my balance will never be in minus?
Member Since Jul 15, 2020   36 posts
Feb 24, 2021 at 12:14
dennisstanley posted:
Just did some more digging, and Fxview offers something called ‘Negative balance protection’? What is that, is it like even if I bet against the tide, my balance will never be in minus?
Yeah, I guess that’s what that means. I’ve never been so careless with my capital that it stood a chance of going negative but to answer your question, yes, that’s what negative balance protection means.
Member Since Nov 09, 2020   15 posts
Feb 27, 2021 at 06:25
donelderly posted:
BrantleyC posted:
i was baffled too, cysec and FCA are good ones to count as regulations for fxview, 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.
Member Since Oct 27, 2020   26 posts
Feb 27, 2021 at 10:03
@Marlon But how good or bad a platform can turn out to be is another thing right. I mean you can’t just judge a broker based on your individual liking. There has to be more to account for, be it regulation, commission or even spreads. What brokers do you use?
Member Since Jul 10, 2020   34 posts
Mar 02, 2021 at 10:49
The time taken to withdraw funds depends on the funding method you have chosen. Some methods might take more than a day to process withdrawals. But as long as you are using reputable brokers, I don’t think this must be a matter of concern because you know that you will get your funds in the minimum possible time.
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