Can withdrawals be processed in less than a day?

Numeromatt posted:

feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.

I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?

I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.

downtown posted:

shaunmarsh posted:

downtown posted:
Turnkeyforex offers withdrawal within less than a day and may I add, quicker than before.

Last that I knew of, they took 3 days. When did this change happen?

Turnkey Forex just had a major update recently including reducing withdrawal timing, crypto trading, and such. You must have missed that out. Didn’t you receive mail from them?

I am not their client, so nope.

robindude posted:

shaunmarsh posted:
Is there any broker that has free withdrawals?

Fees are always charged for withdrawal via banks if im not wrong

There are also minimum amounts that a broker has above which the withdrawals are free, the amount is different for every broker.

vanzadorbey posted:
if you are not in a scam broker...you can easily withdraw your funds...
Go with a broker that is regulated...I would not suggest using broker that has establisment offshore...

I am with you on the regulated bit, but you must know that many firms now have their offshore offices (like degiro recently) to be able to offer their clients higher leverage. I feel it’s totally in the interest of us traders, tax-wise too, what’s in it for the brokers I’m not sure.

christielowe posted:

Numeromatt posted:

feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.

I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?

I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.

I agree, but withdrawal is a deal breaker for me. Your broker’s gotta be quick, that’s for sure. This is with everything - customer response, execution, all the works.

Georgegiffen43 posted:

christielowe posted:

Numeromatt posted:

feelsofine posted:
Some brokers like fxview, icm give the amount to your account in less than 24 hours.

I don’t know about Fxview, but doesn’t ICM have a nasty reputation of taking weeks for withdrawals?

I like everything about IC Markets except their slowness when it comes to taking your money off. To me it seems like it takes ages.

I agree, but withdrawal is a deal breaker for me. Your broker’s gotta be quick, that’s for sure. This is with everything - customer response, execution, all the works.

Which broker are you using?

Rogerwood465 posted:

vanzadorbey posted:
if you are not in a scam broker...you can easily withdraw your funds...
Go with a broker that is regulated...I would not suggest using broker that has establisment offshore...

I don’t think there’s anything wrong with going offshore, privacy is one big plus, then there’s complete protection of assets.

And also I would add flexibility and range in terms of investment options with brokers like hotforex, fxview, xtb etc.

Harrylam my only issue with such brokers is the high leverage that they offer, it is way too tempting and way too dangerous.

I think if the trading conditions are right, the location of the broker shouldn’t matter.

Okay, now I'm wondering if any broker would allow me to use a different method to withdraw than the one I use to deposit.

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.

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?

Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.

YAA i use FXTM very good and reliable broker so far i recommend it

deckking posted:
Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.

Which brokers?

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.

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, fast execution is a priority for me too. Would like some suggestions.

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.