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Can withdrawals be processed in less than a day?
Uczestnik z Oct 05, 2020
65 postów
Jan 12, 2021 at 12:11
Uczestnik z Oct 05, 2020
65 postów
I have used all kinds of brokers till now, from offshores to domestic - even the ones that are not regulated - in the hope of finding a broker that is fast in execution and withdrawals. I wait days for seeing my profits in my account and I hear traders saying their’s takes a day, is it really possible? If yes, please suggest some names, except bucket shop recommendations.
Uczestnik z Oct 16, 2020
137 postów
Jan 12, 2021 at 12:23
Uczestnik z Oct 16, 2020
137 postów
Yes it is possible for a withdrawal to be processed in the same day.
Uczestnik z Jan 13, 2021
52 postów
Uczestnik z Oct 16, 2020
137 postów
Jan 14, 2021 at 08:27
Uczestnik z Oct 16, 2020
137 postów
dutchy1986 posted:Which one are you using?
The broker I use does same day withdrawals and is why I chose them to be honest
Jan 14, 2021 at 12:27
Uczestnik z Oct 23, 2020
37 postów
A day is most unlikely, most withdrawals take 3 to 4 weekdays to process. What you should look at is if any withdrawal amount is charged by your broker. Some brokers charge this amount for all kinds of trading volume and in my opinion those are not worthy brokers. Again with order executions, you can expect some slippage on most if not all platforms.
Uczestnik z Oct 01, 2020
49 postów
Uczestnik z Oct 07, 2020
29 postów
Jan 15, 2021 at 05:02
Uczestnik z Oct 07, 2020
29 postów
Lorencecolling posted:I have even dealt with brokers that take up to a week, so 3 days seem too good to me. On spreads I have been rather lucky. Getting as low as 0.3 pips on IC Markets (my current broker). Withdrawals generally take about 5 days.
3 days is standard time that most brokers take. I doubt you’ll find any which will make this process faster. Your bank will also take its own sweet time.
Uczestnik z Dec 28, 2020
187 postów
Jan 15, 2021 at 11:17
Uczestnik z Dec 28, 2020
187 postów
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.
Uczestnik z Oct 05, 2020
65 postów
Uczestnik z Oct 05, 2020
65 postów
Jan 18, 2021 at 12:55
Uczestnik z Oct 05, 2020
65 postów
Sarjohn posted: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.
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.
Uczestnik z Oct 16, 2020
137 postów
Jan 21, 2021 at 07:25
Uczestnik z Oct 16, 2020
137 postów
Dorigda posted:It is for everyone out here.
As for me, it is important how quickly the funds are paid out.
Uczestnik z Oct 07, 2020
29 postów
Jan 21, 2021 at 07:42
Uczestnik z Oct 07, 2020
29 postów
Markwoods posted:This makes no sense because where withdrawals actually get stuck is at third party. So you ought to to check with your bank how much time they would take. And obviously there will be no movement on weekends. Even if brokers like Roboforex say they do the processing on the weekends too.
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour
Uczestnik z Jul 19, 2020
788 postów
Jan 25, 2021 at 17:08
Uczestnik z Jul 19, 2020
788 postów
The broker I trade with gives me a same-day withdrawal. This is the honesty of that broker.
Uczestnik z Dec 11, 2020
114 postów
Jan 27, 2021 at 07:02
Uczestnik z Dec 11, 2020
114 postów
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.
Uczestnik z Nov 19, 2020
104 postów
Jan 27, 2021 at 08:10
Uczestnik z Nov 19, 2020
104 postów
The exact withdrawal time will depend on your broker selection.
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