- Home
- Community
- New Traders
- Can withdrawals be processed in less than a day?
Edit Your Comment
Can withdrawals be processed in less than a day?
Member Since Oct 05, 2020
18 posts
Jan 28, 2021 at 12:49
Member Since Oct 05, 2020
18 posts
robindude posted:
Depending on the brokers, but the user above me had said it correctly, that sometimes some broker tends to say something like that only for it to takes 2-3 days atleast. Not all brokers are like that.
Have you used brokers which aren’t like that? If yes, then I would appreciate names please, thanks.
Member Since Jan 17, 2021
29 posts
Member Since Nov 06, 2020
15 posts
Feb 03, 2021 at 09:14
Member Since Nov 06, 2020
15 posts
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.
Member Since Oct 09, 2020
18 posts
Member Since May 01, 2020
9 posts
Member Since Sep 18, 2018
11 posts
Member Since Nov 07, 2020
15 posts
Member Since Dec 05, 2020
76 posts
Feb 17, 2021 at 05:59
Member Since Dec 05, 2020
76 posts
Rogerwood465 posted:
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.
Hmm, but can't really trust people's withdrawals much until we have a personal experience, Isn't it guys?
I remember one of my friend suggesting a broker with good withdrawals turned out to be a bad experience when i tried them.
Member Since Oct 09, 2020
18 posts
Feb 23, 2021 at 09:50
Member Since Jul 15, 2020
30 posts
Hey Dennis! You know I missed a heartbeat when I read this because a good portion of my trading capital is in Fxview. So, yeah, it’s based in Cyprus and all but it’s regulated. And Frankly, I’m not complaining as long as I get my withdrawals in time.
Member Since Nov 26, 2020
14 posts
Member Since Nov 26, 2020
14 posts
Feb 24, 2021 at 12:14
Member Since Jul 15, 2020
30 posts
dennisstanley posted:
Just did some more digging, and Fxview offers something called ‘Negative balance protection’? What is that, is it like even if I bet against the tide, my balance will never be in minus?
Yeah, I guess that’s what that means. I’ve never been so careless with my capital that it stood a chance of going negative but to answer your question, yes, that’s what negative balance protection means.
Member Since Nov 09, 2020
13 posts
Feb 27, 2021 at 06:25
Member Since Nov 09, 2020
13 posts
donelderly posted:BrantleyC posted:
i was baffled too, cysec and FCA are good ones to count as regulations for fxview, or any broker per say.
That is right and I agree! Don’t know what I would’ve done without regulation. Can’t seem to put my trust just anywhere. Is that common?
Idk I'm kind of okay with any broker. These things don’t matter to me much. Just the trading conditions ought to be right.
Feb 27, 2021 at 10:03
Member Since Oct 27, 2020
20 posts
@Marlon But how good or bad a platform can turn out to be is another thing right. I mean you can’t just judge a broker based on your individual liking. There has to be more to account for, be it regulation, commission or even spreads. What brokers do you use?
Member Since Jul 10, 2020
32 posts
Mar 02, 2021 at 10:49
Member Since Jul 10, 2020
32 posts
The time taken to withdraw funds depends on the funding method you have chosen. Some methods might take more than a day to process withdrawals. But as long as you are using reputable brokers, I don’t think this must be a matter of concern because you know that you will get your funds in the minimum possible time.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.