Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.
Feb 05 2021 at 11:50
YAA i use FXTM very good and reliable broker so far i recommend it
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?
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.
Feb 06 2021 at 07:06
It depends on how much risk you can handle. On the other hand, Forex brokers provide higher leverage ratio than stock brokers.
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.
Yes, that’s possible, depending on which broker you use.
I am currently with fxview and have got many withdrawals within 24 hours, you can check.
I am currently with fxview and have got many withdrawals within 24 hours, you can check.
Feb 08 2021 at 10:14
Yes, fast execution is a priority for me too. Would like some suggestions.
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.
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
Feb 08 2021 at 13:18
Betty_60 posted:
Yes, that’s possible, depending on which broker you use.
I am currently with fxview and have got many withdrawals within 24 hours, you can check.
Been getting this recommendation, yet to check it out, but thanks!
Feb 09 2021 at 04:15
Bladiminmunro posted:
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.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Feb 09 2021 at 06:06
Georgegiffen43 posted:
Yes, fast execution is a priority for me too. Would like some suggestions.
In my experience, Forextime and Fxview are the ones I’ve used and as far as withdrawals are concerned, they are pretty fast. But you can keep exploring different ones. Your call.
Feb 09 2021 at 11:24
PercymcDonnell54 posted:Bladiminmunro posted:
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.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Hope there wasn’t a weekend involved
Feb 09 2021 at 11:40
Garrywilson posted:
I think most withdrawals depend upon the mode of payment you’ve used. It does take some time so there’s that.
I never noticed that. I think this could be the case where a particular bank is involved or there is some lag with a particular mode used for payments.
shaunmarsh posted:PercymcDonnell54 posted:Bladiminmunro posted:
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.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Hope there wasn’t a weekend involved
Indeed, it all depends on the payment system you choose, because it doesn't always depend on the broker itself.
Feb 10 2021 at 04:07
I don’t think fund transfer can be so fast because it takes time to process.
There are many brokers in the market which provide very fast processing times. The brokers which I am using i.e. Fxview and IG provide withdrawal within 1 to 7 days. If the bank is in the same country where the broker is, then in some instances you can get the same day withdrawals.
Feb 11 2021 at 12:15
I think more than withdrawals the reliability of the broker is more important, because what if the broker runs aways with your money?
Feb 12 2021 at 04:56
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
