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Can withdrawals be processed in less than a day?

Jan 12, 2021 at 12:11
Vistas 4,062
129 Replies
Miembro desde Jun 16, 2020   posts 35
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.
Miembro desde Oct 05, 2020   posts 65
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.
Miembro desde Oct 05, 2020   posts 65
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.
Miembro desde Oct 05, 2020   posts 65
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.
Miembro desde Nov 10, 2020   posts 24
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.
Miembro desde Oct 16, 2020   posts 137
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?
Miembro desde Nov 06, 2020   posts 18
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.
Miembro desde Oct 23, 2020   posts 37
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.
Miembro desde Oct 15, 2020   posts 59
Feb 04, 2021 at 05:32
I think if the trading conditions are right, the location of the broker shouldn’t matter.
Miembro desde Oct 15, 2020   posts 59
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.
Miembro desde Oct 09, 2020   posts 28
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.
Miembro desde Oct 15, 2020   posts 59
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?
Miembro desde Nov 30, 2020   posts 21
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.
Miembro desde May 01, 2020   posts 11
Feb 05, 2021 at 11:50
YAA i use FXTM very good and reliable broker so far i recommend it
Miembro desde Oct 05, 2020   posts 65
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?
Miembro desde Oct 09, 2020   posts 28
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.
Miembro desde Nov 07, 2020   posts 22
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.
Miembro desde Nov 10, 2020   posts 24
Feb 08, 2021 at 10:14
Yes, fast execution is a priority for me too. Would like some suggestions.
Miembro desde Oct 05, 2020   posts 65
Feb 08, 2021 at 13:17
Sammiebwoy posted:
YAA i use FXTM very good and reliable broker so far i recommend it
I have used this broker briefly, bank wires took about 5 days, this was some years back, don’t know if things have changed.
Miembro desde Oct 05, 2020   posts 65
Feb 08, 2021 at 13:18
Shelby10 posted:
It depends on how much risk you can handle. On the other hand, Forex brokers provide higher leverage ratio than stock brokers.
I am cool with leverage I am using, only looking at faster withdrawals now
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