Can withdrawals be processed in less than a day?

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.

Yes it is possible for a withdrawal to be processed in the same day.

Basically withdrawal of funds and must be carried out in one day

The broker I use does same day withdrawals and is why I chose them to be honest

dutchy1986 posted:
The broker I use does same day withdrawals and is why I chose them to be honest

Which one are you using?

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.

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.

Lorencecolling posted:
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.

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.

Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour

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.

Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour

It’s much more than an hour, practically a day with Amarkets, exception being Neteller and skrill withdrawals.

78678676 posted:
Yes it is possible for a withdrawal to be processed in the same day.

Which broker?

dutchy1986 posted:
The broker I use does same day withdrawals and is why I chose them to be honest

Names please.

Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour

Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour

Have you actually tried these brokers or are just going by their claims?

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.

Kylealker87 posted:

Markwoods posted:
Freshforex takes only few minutes and charges no commissions. Amarkets - just about an hour

Freshforex is not regulated, hence less trustworthy.

As for me, it is important how quickly the funds are paid out.

Dorigda posted:
As for me, it is important how quickly the funds are paid out.

It is for everyone out here.