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Which brokers allowed you to withdraw profits without a problem?

  • #21
  • Jan 7, 2016 2:02pm Jan 7, 2016 2:02pm
Thanks Sriloba.

KP
Do your homework, follow the footprints of smart money
  • #22
  • Jan 7, 2016 2:15pm Jan 7, 2016 2:15pm
Quoting jonirrenicus
{quote} Onada is a day time robber. I can't believe someone will recommand that broker which widen spreads 5-20pips during each imporant data release.
It might be unfortunate, but Jonirrenicus, we will find majority of the brokers doing that, so this something I won’t call as act of scam or such thing because 10 pips is an average spread during high volatility news. Now currently I am trading with TradeWiseFx and their starting spread is from zero, as per news the highest I have seen it go so far is 5 pips, it was on last NFP, so that’s pretty decent.
  • #23
  • Jan 7, 2016 2:44pm Jan 7, 2016 2:44pm
Quoting sriloba
{quote} Hi, That's what I did every occasions. Sai Ram
thank you sir
have a nice day please
focus while relaxed to see better
  • #24
  • Jan 7, 2016 4:38pm Jan 7, 2016 4:38pm
Quoting samanfx
I'm asking this because I have read many reviews in forexfactory and forexpeacearmy that most brokers work nice until you start making withdrawals. What are the brokers that allowed you to withdraw money consistently without playing games against you? Especially those brokers from whom you have withdrawn more money than you deposited?
Sadly it's not possible to figure out this certainly "just pick the best from worst ones". Check regulation it should be at least CySEC and upper (FCA, ASIC, NFA), read their T&S for any murky terms especially to know if your possible candidate runs some true broker model or acts as a counterparty for your orders. Check reviews on forexfactory, FPA, babypips and other popular Fx sources. Regarding my recommendations its Hotforex or FXCM, best choices in my view.
  • #25
  • Edited 10:00pm Jan 8, 2016 9:41pm | Edited 10:00pm
Quoting orabi
ok i have made 400% precent until now in a small account and soon will withdraw my 9th time ,second time this year . all have a nice day
ok i have withdraw my profit and it is small hahahah i deposited 10$ and i have withdraw 33 $ now
with visa
it is my second withdraw this year until now any one have made a withdraw
all have a nice day
focus while relaxed to see better
  • #26
  • Jan 27, 2017 12:17pm Jan 27, 2017 12:17pm
Quoting hoangforex
Anyone here tried withdrawal from Exness, HotForex or FxCM, please share your experience?
I just withdraw profits from exness last month to Skrill, guess it only took a few seconds...
Time is a double edge sword, so is spread betting...
  • #27
  • Jan 28, 2017 9:56am Jan 28, 2017 9:56am
Tickmill skrill withdraw took 10 minutes from my account on friday. It was 721 euro. I deposited small amount to try Tickmill. For the larger amounts how is it I dont know.
  • #28
  • Jan 28, 2017 11:54am Jan 28, 2017 11:54am
Quoting samanfx
I'm asking this because I have read many reviews in forexfactory and forexpeacearmy that most brokers work nice until you start making withdrawals. What are the brokers that allowed you to withdraw money consistently without playing games against you? Especially those brokers from whom you have withdrawn more money than you deposited?
Most brokers are ok. I never had any problems but people will obviously not talk about those, they talk about the bad ones. The same is true for almost everything else in life: electricity providers, gas supply ... That aside, I'd take any complain with a grain of salt.

The logic of review incentives: to get a good review you need to do an outstanding job, to get a bad one a little mistake can already be enough.

I would however avoid russian brokers or brokers in unregulated offshore jurisdictions. I don't have a problem with russians in general, don't get me wrong but there is, in the end, a reason why someone incorporates in those barely regulated countries and not in Europe, UK, Ireland, Australia and so on ...
  • #29
  • Jan 29, 2017 1:29am Jan 29, 2017 1:29am
I find most brokers only allow withdraws to skrill, netteller amounts equal or less than the sum of deposits, but once you try withdraw more money than you have deposited they only do bank transfer and require copy of bank statement and sometimes more identification documentation.
  • #30
  • Feb 1, 2017 1:45pm Feb 1, 2017 1:45pm
Quoting tianxingjian
{quote} I withdrawed from Hotforex last month, it takes less 24 hours to be my skrill account.
My trading experience with hotforex is also good so far and my profit withdrawals are also processed within the next business day.
  • #31
  • Feb 6, 2017 3:41pm Feb 6, 2017 3:41pm
Quoting BubaYaga
I find most brokers only allow withdraws to skrill, netteller amounts equal or less than the sum of deposits, but once you try withdraw more money than you have deposited they only do bank transfer and require copy of bank statement and sometimes more identification documentation.
I think there is a misunderstanding in withdrawal procedure. Brokers allow to withdraw initial deposits to bank accounts and cards (if they were made with respective options), while topping up and withdrawing unlimited amount through payment systems like Skrill or Neteller. At least I have this policy with my current broker Hotforex.
  • #32
  • Feb 8, 2017 2:15pm Feb 8, 2017 2:15pm
My little contribution here is that there isn't any broker that will tell you they have issues withdrawing from them, but you might face challenge later. But this does not necessarily has to do with the broker, it could be technical issues or something. And this can happen to any broker at one point or the other.
  • #33
  • Feb 10, 2017 12:29am Feb 10, 2017 12:29am
So far, I haven’t faced any issue over withdrawals under Octafx. Although, I have maximum withdrawn 500-600 USD at one go, but is that not a fair amount? I certain feel so, so I am pretty happy with it. However, I have mostly used Skrill and Banking Option, so I don’t know about other options.
  • #34
  • Feb 10, 2017 1:08am Feb 10, 2017 1:08am
Quoting Fedricks
So far, I havent faced any issue over withdrawals under Octafx. Although, I have maximum withdrawn 500-600 USD at one go, but is that not a fair amount? I certain feel so, so I am pretty happy with it. However, I have mostly used Skrill and Banking Option, so I dont know about other options.
Darwinex, initial deposit was skrill. They let me make my first withdraw with skrill (less than initial deposit), but the next withdraw they wouldn't let me use skrill, only international bank transfer - and I had to provide them with a scan of bank statement.
  • #35
  • Feb 10, 2017 12:37pm Feb 10, 2017 12:37pm
Quoting BubaYaga
{quote} Darwinex, initial deposit was skrill. They let me make my first withdraw with skrill (less than initial deposit), but the next withdraw they wouldn't let me use skrill, only international bank transfer - and I had to provide them with a scan of bank statement.
That’s weird, I mean why they have issue with? If you deposit with something then it’s your right to withdraw through that way. It shouldn’t be about higher than deposit or lower than it because you EARNED it. I could understand if there was some sort of bonus involved in there, but very strange with your own deposit. Also, if the account is verified then it makes little sense to have document requirement again.

I remember such thing happening with me once with Instaforex when there was Liberty Reserve fiasco and they locked the funds for 6 months and after that they allowed traders to withdraw 50% to other options like bank transfer, but that was more of no other option case, but this is very weird. Anyhow, I don’t know much about Darwinex, but I hope they are good at least in terms of service, as you to me seem happy with them. Are you satisfied with their service?
  • #36
  • Feb 11, 2017 4:14am Feb 11, 2017 4:14am
Quoting Fedricks
{quote} Thats weird, I mean why they have issue with? If you deposit with something then its your right to withdraw through that way. It shouldnt be about higher than deposit or lower than it because you EARNED it. I could understand if there was some sort of bonus involved in there, but very strange with your own deposit. Also, if the account is verified then it makes little sense to have document requirement again. I remember such thing happening with me once with Instaforex when there was Liberty Reserve fiasco and they locked the funds for 6...
I am satisfied with their service. Communication is clear and fast. Can't complain about spreads, execution/slippage.
-They analyze every aspect of the way you trade and give it a rating, show you which areas you could improve on to increase your ranking.. ect. which is great, and helpful for some I imagine.

I worry they find the successful traders and reverse engineer their system or ea in order to duplicate for profit.
-But I'm just a paranoid lunatic I guess..
  • #37
  • Feb 11, 2017 12:22pm Feb 11, 2017 12:22pm
In 7 years I have experienced with a few brokers and all of them has allowed me to withdraw the profits and even my principal, without problems. This are the brokers: XTB (1 max 2 days), Admiral Markets (from 3 hours to max one day), Deltastock (1 max 2 days), FxPro (1 max 2 days). I have never had any problem with this brokers.
Regards!
  • #38
  • Feb 11, 2017 5:09pm Feb 11, 2017 5:09pm
Quoting BubaYaga
{quote} Darwinex, initial deposit was skrill. They let me make my first withdraw with skrill (less than initial deposit), but the next withdraw they wouldn't let me use skrill, only international bank transfer - and I had to provide them with a scan of bank statement.
That's probably more a technical or perhaps anti money laundering issue. Many brokers have a similar rule in place regarding card payment/withdrawal - they use the refund system to send you your money.
  • #39
  • Feb 12, 2017 2:28am Feb 12, 2017 2:28am
Quoting BubaYaga
{quote} I am satisfied with their service. Communication is clear and fast. Can't complain about spreads, execution/slippage. -They analyze every aspect of the way you trade and give it a rating, show you which areas you could improve on to increase your ranking.. ect. which is great, and helpful for some I imagine. I worry they find the successful traders and reverse engineer their system or ea in order to duplicate for profit. -But I'm just a paranoid lunatic I guess..
That’s fair, I mean, it’s great if you are satisfied. It’s so often that people try to think too much! When that happens then the issues come on various parts. I think you shouldn’t be overly concern even if they do it, but I am highly doubt it. At the end of the day, if you are satisfied (comfortable) and even making profits then what else you could wish for? I would be over the moon with that, but of course staying sensible as well!
  • #40
  • Feb 15, 2017 2:06am Feb 15, 2017 2:06am
Quoting jonirrenicus
{quote} Onada is a day time robber. I can't believe someone will recommand that broker which widen spreads 5-20pips during each imporant data release.
Then don't trade on news. Those are high leverage trading skill, I don't think normal broker support.

For me I made profit and withdraw profit over the deposit I've made twice.
Oanda, my recommendation.
Odd numbers are odd.
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