Can withdrawals be processed in less than a day?
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.
Mar 02, 2021 at 13:10
There can be a huge difference between what a broker claims and what it actually offers. Instead of going by what a broker is saying, you could maybe try some of them with low amounts to come to a conclusion. For me also, fast withdrawals are an important consideration, so I found Fxview and Pepperstone quite helpful in this regard. But it was only after I had used several other brokers who only made claims and did nothing like that.
forex_trader_1996705
Member Since Nov 12, 2020
18 posts
Mar 02, 2021 at 15:20
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.
Member Since Jul 09, 2020
39 posts
Mar 03, 2021 at 06:00
I don’t think there is any point in trading when you can’t even expect your broker to provide you with fund security. Most of us trade forex because we wanna make some extra cash on the side and if our broker can’t help us with our requirements, it’s better to look elsewhere.
Member Since Jul 09, 2020
4 posts
Mar 03, 2021 at 10:12
As far as I know, most brokers process withdrawal requests within 24 hours. But the time required for the funds to be transferred to an account depends on what payment method the trader is using to fund their account.
Member Since Oct 05, 2020
65 posts
Mar 03, 2021 at 12:25
PensionPay posted:Who all are your experiences with?
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.
forex_trader_1996705
Member Since Nov 12, 2020
18 posts
Mar 03, 2021 at 12:31
shaunmarsh posted:PensionPay posted:Who all are your experiences with?
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.
Clients i trade for on icmarkets, hotforex do get sane day.
Member Since Jul 23, 2020
759 posts
Mar 04, 2021 at 03:36
pearlstephens posted:Right. Withdrawal process time varies from broker to broker and it also depends on payment method.
As far as I know, most brokers process withdrawal requests within 24 hours. But the time required for the funds to be transferred to an account depends on what payment method the trader is using to fund their account.
Member Since Oct 23, 2020
27 posts
Mar 04, 2021 at 10:02
pearlstephens posted:Right. Bank wires for instance take 1-7 days. But, the withdrawals processed using credit cards or e-wallets are much faster. I’ve faced withdrawal delay in the initial days of trading but with fxview and swissquote, the transfers were reflected within a day.
As far as I know, most brokers process withdrawal requests within 24 hours. But the time required for the funds to be transferred to an account depends on what payment method the trader is using to fund their account.
Member Since Oct 05, 2020
65 posts
Mar 04, 2021 at 11:26
Help me out here pls. Never been so careless before but I accidentally deposited the payment to the broker? Will I get it back?
Member Since Nov 10, 2020
24 posts
Mar 04, 2021 at 12:57
shaunmarsh posted:That’s really ok and it's no big deal. Simply request a withdrawal from the client area. I guess it’ll be processed as a normal withdrawal process. Confirm from your broker once.
Help me out here pls. Never been so careless before but I accidentally deposited the payment to the broker? Will I get it back?
Mar 05, 2021 at 07:41
Marlonsmith posted: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.Tyronemings654 posted: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.donelderly posted: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.BrantleyC posted: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?
i was baffled too, cysec and FCA are good ones to count as regulations or any broker per say.
Mar 06, 2021 at 09:02
shaunmarsh posted:Sometime it takes more time, but with regulated broker your funds are safe atlaest.Sarjohn posted: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.
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.
Member Since Oct 05, 2020
65 posts
Mar 08, 2021 at 12:24
Sarjohn posted:With that I agree, and that is exactly why I am particular about regulations.shaunmarsh posted:Sometime it takes more time, but with regulated broker your funds are safe atlaest.Sarjohn posted: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.
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.
Mar 10, 2021 at 08:18
shaunmarsh posted:Yes, security of funds is more important than time taken for withdrawal of funds.Sarjohn posted:With that I agree, and that is exactly why I am particular about regulations.shaunmarsh posted:Sometime it takes more time, but with regulated broker your funds are safe atlaest.Sarjohn posted: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.
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.
Member Since Dec 05, 2020
81 posts
Mar 11, 2021 at 10:53
Calacti posted:What broker are you using?Marlonsmith posted: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.Tyronemings654 posted: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.donelderly posted: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.BrantleyC posted: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?
i was baffled too, cysec and FCA are good ones to count as regulations or any broker per say.
Member Since Jul 09, 2020
4 posts
Mar 11, 2021 at 11:38
hitterbull posted:Do they charge for withdrawals? Normally, the broker’s I’ve traded with, doPensionPay posted:Yeah icmarkets is good with withdrawals.shaunmarsh posted:PensionPay posted:Who all are your experiences with?
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.
Clients i trade for on icmarkets, hotforex do get sane day.
Member Since Oct 05, 2020
65 posts
Mar 11, 2021 at 11:41
Sarjohn posted:Well for me both are important, it can be so frustrating if you are not able to access your own capital on time.shaunmarsh posted:Yes, security of funds is more important than time taken for withdrawal of funds.Sarjohn posted:With that I agree, and that is exactly why I am particular about regulations.shaunmarsh posted:Sometime it takes more time, but with regulated broker your funds are safe atlaest.Sarjohn posted: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.
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.
Member Since Oct 05, 2020
65 posts
Mar 12, 2021 at 11:12
lucasser posted:Sounds well, what withdrawal method do you use?
The withdrawal process mostly depends on the broker you are using. I currently trade with FP Markets for more than seven months, and I'm able to withdraw in a day or two without any hassle.
Member Since Oct 05, 2020
65 posts
Mar 12, 2021 at 12:13
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.
