Can withdrawals be processed in less than a day?
Mitglied seit Oct 05, 2020
65 Posts
Jan 22, 2021 at 12:24
Dorigda posted:Yes, that is precisely my point. A broker should at least have a faster withdrawal option for the clients. What brokers have you tried so far?
As for me, it is important how quickly the funds are paid out.
Mitglied seit Jun 29, 2020
38 Posts
Jan 25, 2021 at 10:59
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.
Mitglied seit Oct 15, 2020
37 Posts
Jan 25, 2021 at 13:20
I think most withdrawals depend upon the mode of payment you’ve used. It does take some time so there’s that.
Mitglied seit Oct 15, 2020
59 Posts
Jan 27, 2021 at 05:18
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.
Mitglied seit Nov 10, 2020
24 Posts
Jan 27, 2021 at 11:05
No, I haven’t found any broker that goes easy on the payments and withdrawals. Sometimes it even takes about a week for a payment to process. Anyway, I’m open to suggestions too here. Thanks.
Mitglied seit Nov 07, 2020
22 Posts
Jan 28, 2021 at 04:52
Numeromatt posted:Not sure about Icm but I have accounts with Fxtm and Fxview. I keep trying different modes so with my e wallet, it took about a day or two to process withdrawals with Fxtm. Later, I tried Fxview via bank transfer and I remember it took about a day for the withdrawals to process. I’m okay with these brokers for the time being since the withdrawals aren’t an issue.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.
Mitglied seit Oct 15, 2020
59 Posts
Jan 28, 2021 at 08:25
Georgegiffen43 posted:Yeah, it will take that much time. You should've asked your broker before. Always do your research when looking for a broker. Analyse their services and trading conditions.
No, I haven’t found any broker that goes easy on the payments and withdrawals. Sometimes it even takes about a week for a payment to process. Anyway, I’m open to suggestions too here. Thanks.
Mitglied seit Oct 05, 2020
65 Posts
Jan 28, 2021 at 12:49
robindude posted:Have you used brokers which aren’t like that? If yes, then I would appreciate names please, thanks.
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.
Mitglied seit Oct 05, 2020
65 Posts
Jan 28, 2021 at 13:00
Joz8 posted:Ya, and my experiences haven’t been that great, so I thought of asking around other traders’ experiences with the same.
The exact withdrawal time will depend on your broker selection.
Mitglied seit Oct 05, 2020
65 Posts
Jan 28, 2021 at 13:05
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.
Mitglied seit 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.
Jan 29, 2021 at 07:35
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.
Mitglied seit 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.
Mitglied seit 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.
