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Can withdrawals be processed in less than a day?

Jan 12, 2021 at 12:11
3,530 Visa
134 Replies
Medlem sedan Oct 05, 2020   65 inlägg
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.
Medlem sedan Oct 05, 2020   65 inlägg
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
Medlem sedan Oct 05, 2020   65 inlägg
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!
Medlem sedan Nov 10, 2020   23 inlägg
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!
Medlem sedan Nov 20, 2020   21 inlägg
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.
Medlem sedan Oct 05, 2020   65 inlägg
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
Medlem sedan Nov 12, 2020   22 inlägg
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.
Medlem sedan Aug 07, 2020   75 inlägg
Feb 09, 2021 at 12:54
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.
Medlem sedan Nov 24, 2020   33 inlägg
Feb 10, 2021 at 04:07
I don’t think fund transfer can be so fast because it takes time to process.
Medlem sedan Nov 25, 2020   27 inlägg
Feb 11, 2021 at 09:15
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.
Medlem sedan Oct 15, 2020   37 inlägg
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?
Medlem sedan Nov 24, 2020   33 inlägg
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.
Medlem sedan Nov 25, 2020   27 inlägg
Feb 12, 2021 at 09:30
I think with international clients, banks tend to take time to process withdrawals because of the time zone difference. This can also be one factor to consider.
Medlem sedan Jun 16, 2020   35 inlägg
Feb 15, 2021 at 04:21
gildlef posted:
I think with international clients, banks tend to take time to process withdrawals because of the time zone difference. This can also be one factor to consider.
That’s why I always check what my broker’s previous customers have to say about the withdrawal process of the broker. I agree that it takes some time but it shouldn’t turn out to be costly in other terms.
Medlem sedan Nov 10, 2020   24 inlägg
Feb 15, 2021 at 09:56
Right Christie, this is the reason why it is always said that you must not choose a broker just because everyone is recommending them. Check their features yourself to see whether they are worth your investments or not.
Medlem sedan Sep 18, 2018   11 inlägg
Feb 15, 2021 at 10:33
I have had same day withdraws from IC markets before
Medlem sedan Oct 09, 2020   28 inlägg
Feb 16, 2021 at 04:51
phillipgriffin posted:
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
I make sure that my brokers offer fast withdrawals so that I don’t have to wait for days to get what I have earned. It gets frustrating with time to wait for your payments. This is the reason after researching for around 6 months, I decided to trade with Fxview and Fidelity. With them, I face no issues with trading and withdrawals.
Medlem sedan Oct 05, 2020   65 inlägg
Feb 16, 2021 at 10:36
Breonnataylor posted:
phillipgriffin posted:
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
I make sure that my brokers offer fast withdrawals so that I don’t have to wait for days to get what I have earned. It gets frustrating with time to wait for your payments. This is the reason after researching for around 6 months, I decided to trade with Fxview and Fidelity. With them, I face no issues with trading and withdrawals.
Well, that’s true. When you can’t take your earned money easily, it gets frustrating. At times, you feel like you have made the wrong choice.
Medlem sedan Oct 05, 2020   65 inlägg
Feb 16, 2021 at 12:28
Forexstress posted:
I have had same day withdraws from IC markets before
Really? Are you talking of digital payments?
Medlem sedan Nov 07, 2020   22 inlägg
Feb 17, 2021 at 05:55
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
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