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Can withdrawals be processed in less than a day?

Jan 12, 2021 at 12:11
3,483 Angesehen
134 Replies
Vanza Dorbey (vanzadorbey)
Mitglied seit 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...
Mitglied seit Jun 16, 2020   35 Posts
Feb 01, 2021 at 05:54
Numeromatt posted:
feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
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.
Mitglied seit Oct 05, 2020   65 Posts
Feb 01, 2021 at 11:13
downtown posted:
shaunmarsh posted:
downtown posted:
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.
Last that I knew of, they took 3 days. When did this change happen?
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?
I am not their client, so nope.
Mitglied seit Oct 05, 2020   65 Posts
Feb 01, 2021 at 11:19
robindude posted:
shaunmarsh posted:
Is there any broker that has free withdrawals?

Fees are always charged for withdrawal via banks if im not wrong
There are also minimum amounts that a broker has above which the withdrawals are free, the amount is different for every broker.
Mitglied seit Oct 05, 2020   65 Posts
Feb 01, 2021 at 11:25
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 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.
Mitglied seit Nov 10, 2020   24 Posts
Feb 01, 2021 at 12:07
christielowe posted:
Numeromatt posted:
feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
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.
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.
yana hansen (78678676)
Mitglied seit Oct 16, 2020   137 Posts
Feb 02, 2021 at 10:22
Georgegiffen43 posted:
christielowe posted:
Numeromatt posted:
feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.
I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?
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.
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.
Which broker are you using?
Mitglied seit 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.
Mitglied seit 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.
Mitglied seit Oct 15, 2020   37 Posts
Feb 03, 2021 at 13:21
Jakemark posted:
Harrylam my only issue with such brokers is the high leverage that they offer, it is way too tempting and way too dangerous.
Don’t forget about the legal concerns.
Mitglied seit 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.
Mitglied seit 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.
Mitglied seit 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.
Mitglied seit Oct 15, 2020   59 Posts
Feb 05, 2021 at 07:14
Breonnataylor posted:
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.
But what if I still have open positions? Can I still withdraw the money?
Mitglied seit 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.
Mitglied seit 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
Mitglied seit Oct 05, 2020   65 Posts
Feb 05, 2021 at 13:20
deckking posted:
Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.
Which brokers?
Mitglied seit Oct 09, 2020   28 Posts
Feb 06, 2021 at 06:43
Bladiminmunro posted:
Breonnataylor posted:
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.
But what if I still have open positions? Can I still withdraw the money?
Of course you can. I suppose you’ll need to have enough free margin for covering the withdrawal cost and any additional expense.
Mitglied seit Nov 07, 2020   22 Posts
Feb 08, 2021 at 04:57
Bladiminmunro posted:
Breonnataylor posted:
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.
But what if I still have open positions? Can I still withdraw the money?
Truly said and you can do this by calculating the free margin calculator. I have been using this calculator on fxview and fxtm to basically manage my trades. Determining the position size and whether I should exceed the leverage level. I have been trading better.
Mitglied seit Nov 10, 2020   24 Posts
Feb 08, 2021 at 10:14
Yes, fast execution is a priority for me too. Would like some suggestions.
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