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Can withdrawals be processed in less than a day?

Calacti
Mar 05 2021 at 07:41
posts 37
Marlonsmith posted:
Tyronemings654 posted:
donelderly posted:
BrantleyC posted:
i was baffled too, cysec and FCA are good ones to count as regulations or any broker per say.

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?

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.

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.

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.

Sar John (Sarjohn)
Mar 06 2021 at 09:02
posts 187
shaunmarsh posted:
Sarjohn posted:
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.

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.

Sometime it takes more time, but with regulated broker your funds are safe atlaest.

shaunmarsh
Mar 08 2021 at 12:24
posts 65
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
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.

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.

Sometime it takes more time, but with regulated broker your funds are safe atlaest.

With that I agree, and that is exactly why I am particular about regulations.

Sar John (Sarjohn)
Mar 10 2021 at 08:18
posts 187
shaunmarsh posted:
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
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.

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.

Sometime it takes more time, but with regulated broker your funds are safe atlaest.

With that I agree, and that is exactly why I am particular about regulations.

Yes, security of funds is more important than time taken for withdrawal of funds.

hitterbull
Mar 11 2021 at 09:40
posts 32
PensionPay posted:
shaunmarsh posted:
PensionPay posted:
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.

Who all are your experiences with?


Clients i trade for on icmarkets, hotforex do get sane day.

Yeah icmarkets is good with withdrawals.

Jude_craig
Mar 11 2021 at 10:53
posts 81
Calacti posted:
Marlonsmith posted:
Tyronemings654 posted:
donelderly posted:
BrantleyC posted:
i was baffled too, cysec and FCA are good ones to count as regulations or any broker per say.

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?

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.

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.

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.

What broker are you using?

pearlstephens
Mar 11 2021 at 11:38
posts 4
hitterbull posted:
PensionPay posted:
shaunmarsh posted:
PensionPay posted:
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.

Who all are your experiences with?


Clients i trade for on icmarkets, hotforex do get sane day.

Yeah icmarkets is good with withdrawals.

Do they charge for withdrawals? Normally, the broker’s I’ve traded with, do

shaunmarsh
Mar 11 2021 at 11:41
posts 65
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
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.

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.

Sometime it takes more time, but with regulated broker your funds are safe atlaest.

With that I agree, and that is exactly why I am particular about regulations.

Yes, security of funds is more important than time taken for withdrawal of funds.

Well for me both are important, it can be so frustrating if you are not able to access your own capital on time.

lucasser
Mar 11 2021 at 14:34
posts 26
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.

hitterbull
Mar 12 2021 at 10:06
posts 32
@Pearl No they don’t. But yes, the sending and withdrawal payment gateways can charge their share of the fee.

Antonio_K
Mar 12 2021 at 10:54
posts 27
pearlstephens posted:
hitterbull posted:
PensionPay posted:
shaunmarsh posted:
PensionPay posted:
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.

Who all are your experiences with?


Clients i trade for on icmarkets, hotforex do get sane day.

Yeah icmarkets is good with withdrawals.

Do they charge for withdrawals? Normally, the broker’s I’ve traded with, do

Don’t know about IC, but i’ve been trading with and they don’t charge any fees for withdrawals, also i think it depends on the payment gateway you use for withdrawals. What funding method do you use?

shaunmarsh
Mar 12 2021 at 11:12
posts 65
lucasser posted:
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.

Sounds well, what withdrawal method do you use?

shaunmarsh
Mar 12 2021 at 12:13
posts 65
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

Cappucinotrader
Mar 12 2021 at 17:43
posts 10
I think brokers allow only 1 deposit card due to legal reasons

Ainsley524
Mar 13 2021 at 04:21
posts 19
shaunmarsh posted:
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

I really have no idea if you can use more than 3. You can contact the support team and share what they have to say about this.

shaunmarsh
Mar 15 2021 at 13:34
posts 65
Cappucinotrader posted:
I think brokers allow only 1 deposit card due to legal reasons

Even offshores?

Calacti
Mar 20 2021 at 09:44
posts 37
shaunmarsh posted:
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

Is there any particular withdrawal method that’s better?

Numeromatt
Mar 21 2021 at 10:06
posts 38
Calacti posted:
shaunmarsh posted:
I have been on a lookout for brokers who allow me to use more than one card to deposit in my account.

Is there any particular withdrawal method that’s better?

That should probably depend on how fast the platform is.

Sar John (Sarjohn)
Mar 22 2021 at 08:08
posts 187
shaunmarsh posted:
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
shaunmarsh posted:
Sarjohn posted:
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.

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.

Sometime it takes more time, but with regulated broker your funds are safe atlaest.

With that I agree, and that is exactly why I am particular about regulations.

Yes, security of funds is more important than time taken for withdrawal of funds.

Well for me both are important, it can be so frustrating if you are not able to access your own capital on time.

Yes it can be frustrating but at the same time you also know that your funds are secure with a regulated broker. Anything like scam won’t happen and you will get your capital.

jimmyneeesham
Mar 22 2021 at 09:41
posts 40
Is there a way to know how long will a platform take to process withdrawals or we just go by the hearsay?

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