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Can withdrawals be processed in less than a day?

deckking
Feb 05 2021 at 10:28
21帖子
Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.

Sammiebwoy
Feb 05 2021 at 11:50
11帖子
YAA i use FXTM very good and reliable broker so far i recommend it

shaunmarsh
Feb 05 2021 at 13:20
65帖子
deckking posted:
Yes, there are some very good brokers that process withdrawals in a day or so. At least from their end.

Which brokers?

Breonnataylor
Feb 06 2021 at 06:43
28帖子
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.

Shelby10
Feb 06 2021 at 07:06
140帖子
It depends on how much risk you can handle. On the other hand, Forex brokers provide higher leverage ratio than stock brokers.

Rogerwood465
Feb 08 2021 at 04:57
22帖子
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.

Betty_60
Feb 08 2021 at 07:28
41帖子
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.

Georgegiffen43
Feb 08 2021 at 10:14
24帖子
Yes, fast execution is a priority for me too. Would like some suggestions.

shaunmarsh
Feb 08 2021 at 13:17
65帖子
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.

shaunmarsh
Feb 08 2021 at 13:18
65帖子
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

shaunmarsh
Feb 08 2021 at 13:18
65帖子
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!

PercymcDonnell54
Feb 09 2021 at 04:15
23帖子
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!

mitchelmarsh008
Feb 09 2021 at 06:06
21帖子
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.

shaunmarsh
Feb 09 2021 at 11:24
65帖子
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

donelderly
Feb 09 2021 at 11:40
22帖子
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.

Malajind
Feb 09 2021 at 12:54
75帖子
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.

phillipgriffin
Feb 10 2021 at 04:07
33帖子
I don’t think fund transfer can be so fast because it takes time to process.

gildlef
Feb 11 2021 at 09:15
27帖子
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.

Garrywilson
Feb 11 2021 at 12:15
37帖子
I think more than withdrawals the reliability of the broker is more important, because what if the broker runs aways with your money?

phillipgriffin
Feb 12 2021 at 04:56
33帖子
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.

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