Bladiminmunro
Member Since Oct 15, 2020
59 posts
Jan 29 2021 at 04:59
forextrader777 posted:There are certain things that you can confirm beforehand, for instance the payment / withdrawal methods permitted by the broker, charges if any. However when it comes to time taken, that is truly a trial and error method unfortunately.Bladiminmunro posted:If brokers hide the reality, please let me know from where I can get the correct information about their offerings?
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
shaunmarsh posted:Turnkey Forex just had a major update recently including reducing withdrawal timing, crypto trading, and such. You must have missed that out. Didn’t you receive mail from them?downtown posted:Last that I knew of, they took 3 days. When did this change happen?
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.
shaunmarsh
Member Since Oct 05, 2020
65 posts
Jan 29 2021 at 08:27
Bladiminmunro posted:Is there any broker that has free withdrawals?forextrader777 posted:There are certain things that you can confirm beforehand, for instance the payment / withdrawal methods permitted by the broker, charges if any. However when it comes to time taken, that is truly a trial and error method unfortunately.Bladiminmunro posted:If brokers hide the reality, please let me know from where I can get the correct information about their offerings?
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
Georgegiffen43
Member Since Nov 10, 2020
24 posts
Jan 29 2021 at 11:19
shaunmarsh posted:Free is only when it’s above a certain amount. If you keep withdrawing your small profits you will end up paying quite a lot of withdrawal fees.Bladiminmunro posted:Is there any broker that has free withdrawals?forextrader777 posted:There are certain things that you can confirm beforehand, for instance the payment / withdrawal methods permitted by the broker, charges if any. However when it comes to time taken, that is truly a trial and error method unfortunately.Bladiminmunro posted:If brokers hide the reality, please let me know from where I can get the correct information about their offerings?
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
shaunmarsh posted:
Is there any broker that has free withdrawals?
Fees are always charged for withdrawal via banks if im not wrong
Vanza Dorbey
(vanzadorbey)
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...
Go with a broker that is regulated...I would not suggest using broker that has establisment offshore...
christielowe
Member Since Jun 16, 2020
35 posts
Feb 01 2021 at 05:54
Numeromatt posted:I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.feelsofine posted:I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
shaunmarsh
Member Since Oct 05, 2020
65 posts
Feb 01 2021 at 11:13
downtown posted:I am not their client, so nope.shaunmarsh posted:Turnkey Forex just had a major update recently including reducing withdrawal timing, crypto trading, and such. You must have missed that out. Didn’t you receive mail from them?downtown posted:Last that I knew of, they took 3 days. When did this change happen?
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.
shaunmarsh
Member Since Oct 05, 2020
65 posts
Feb 01 2021 at 11:19
robindude posted:There are also minimum amounts that a broker has above which the withdrawals are free, the amount is different for every broker.shaunmarsh posted:
Is there any broker that has free withdrawals?
Fees are always charged for withdrawal via banks if im not wrong
shaunmarsh
Member Since Oct 05, 2020
65 posts
Feb 01 2021 at 11:25
vanzadorbey posted:I am with you on the regulated bit, but you must know that many firms now have their offshore offices (like degiro recently) to be able to offer their clients higher leverage. I feel it’s totally in the interest of us traders, tax-wise too, what’s in it for the brokers I’m not sure.
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...
Georgegiffen43
Member Since Nov 10, 2020
24 posts
Feb 01 2021 at 12:07
christielowe posted:I agree, but withdrawal is a deal breaker for me. Your broker’s gotta be quick, that’s for sure. This is with everything - customer response, execution, all the works.Numeromatt posted:I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.feelsofine posted:I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
yana hansen
(78678676)
Member Since Oct 16, 2020
137 posts
Feb 02 2021 at 10:22
Georgegiffen43 posted:Which broker are you using?christielowe posted:I agree, but withdrawal is a deal breaker for me. Your broker’s gotta be quick, that’s for sure. This is with everything - customer response, execution, all the works.Numeromatt posted:I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.feelsofine posted:I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
Rogerwood465
Member Since Nov 07, 2020
22 posts
Feb 03 2021 at 05:49
vanzadorbey posted:I don’t think there’s anything wrong with going offshore, privacy is one big plus, then there’s complete protection of assets.
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...
Harrylam887
Member Since Nov 06, 2020
18 posts
Feb 03 2021 at 09:14
Rogerwood465 posted:And also I would add flexibility and range in terms of investment options with brokers like hotforex, fxview, xtb etc.vanzadorbey posted:I don’t think there’s anything wrong with going offshore, privacy is one big plus, then there’s complete protection of assets.
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...
Harrylam my only issue with such brokers is the high leverage that they offer, it is way too tempting and way too dangerous.
Garrywilson
Member Since Oct 15, 2020
37 posts
Feb 03 2021 at 13:21
Jakemark posted:Don’t forget about the legal concerns.
Harrylam my only issue with such brokers is the high leverage that they offer, it is way too tempting and way too dangerous.
Bladiminmunro
Member Since Oct 15, 2020
59 posts
Feb 04 2021 at 05:32
I think if the trading conditions are right, the location of the broker shouldn’t matter.
Bladiminmunro
Member Since Oct 15, 2020
59 posts
Feb 05 2021 at 05:42
Okay, now I'm wondering if any broker would allow me to use a different method to withdraw than the one I use to deposit.
Breonnataylor
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.