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Are there brokers with no withdrawal fees?

Feb 25, 2022 at 10:25
1,323 Views
16 Replies
Member Since Feb 02, 2021   38 posts
Feb 25, 2022 at 12:37
Brokers with no trading fees - that’s a myth. You will be paying one way or the other.
Member Since May 11, 2020   74 posts
Mar 04, 2022 at 11:32
There are few brokers (fxview, tickmill and xm) that I know are not charging any fees for both deposit and withdrawals. Although their minimum deposit varies from $5 to $100. If you want a lower deposit, look for fxview and xm. Plus, usually when you find a broker saying no commission, you will also notice that the spread markup will be higher than the usual, so better to avoid that if you want tighter spread.
Member Since Apr 09, 2019   538 posts
Mar 09, 2022 at 17:04
Withdrawal fees or trading fees? There are plenty that don't charge you to withdraw but not sure any let you trade for free.
If you can't spot the liquidity then you are the liquidity.
Member Since Feb 20, 2021   78 posts
Mar 11, 2022 at 04:26
Have you checked TurnkeyForex? I’ve been using them for quite some time now and there’s no funding fee. Also, the spreads and commissions are low, if you are basically looking for a broker with lower trading costs they may be perfect for you.
Member Since Aug 05, 2021   401 posts
Jun 01, 2022 at 18:12
The minimum to sign up for a 0 commission account through CedarFX is just $10 and they don't charge any fees for withdrawals, so I'd say that fits what you're looking for pretty accurately.
Member Since Jan 14, 2021   57 posts
Jun 09, 2022 at 06:15
Yes, I currently trade with FP Markets, an ASIC regulated broker, and from my experience with them, they do not charge an additional withdrawal or deposit fee.
Member Since Jan 13, 2021   52 posts
Jun 13, 2022 at 16:07
davegordon posted:
On searching for a broker online I have come across several brokers with no minimum deposit but nowhere can I clearly find mentions on fees charged for withdrawal from trading account. So what I want to know is - can I actually find brokers with no fees? Basically how there are forex brokers with no commission or brokers with no deposit, are there any good brokers who won’t charge for my forex funds withdrawal

I’ve not been charged to withdraw by my broker
Member Since Jan 10, 2022   40 posts
Jun 15, 2022 at 10:17
I’m using justforex and coinexx, both don’t charge any withdrawal fee.
Member Since Oct 20, 2020   49 posts
Jun 16, 2022 at 08:37
'I'm not aware of many brokers that do not have withdrawal fees because most brokers do charge a certain number of withdrawal fees in the name of tax or something else.

But some brokers also charge additional fees, including withdrawals, which can be avoided. Like I trade with FP Markets, there are no additional charges when depositing or during withdrawals.'
Member Since Oct 29, 2020   21 posts
Jun 17, 2022 at 11:37
I don’t think there are brokers that don’t charge any withdrawal fees. Nearly all of them allow free withdrawals up to a certain amount and then you have to pay a fee.
Member Since Jun 02, 2022   24 posts
Jun 22, 2022 at 07:25
I am trading with fxview and avatrade and never paid any withdrawal fee.
Member Since May 31, 2021   56 posts
Jun 24, 2022 at 06:43
I have been trading for over a year now and have never come across any broker that does not charge withdrawal fees, except for brokers like FP Markets that I use who do not charge any extra fees during withdrawals or deposits.
Member Since Jun 12, 2021   132 posts
Jun 29, 2022 at 09:00
have you checked FPA review before choosing a broker
Member Since Dec 24, 2020   21 posts
Jul 28, 2022 at 09:12
Withdrawals are such a hassle with some brokers. You won’t know it until you make a few withdrawals with them. So, better don’t deposit a big amount until you can withdraw a small amount from your broker.
Member Since May 30, 2022   27 posts
Aug 08, 2022 at 08:20
Trading with aaafx and xm for a while, both offer quick withdrawals and don’t charge any fees.
Member Since Apr 09, 2019   538 posts
Aug 09, 2022 at 10:35
Who are these brokers that are charging for withdrawals. I've never come across this at all.
If you can't spot the liquidity then you are the liquidity.
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