That’s understandable because most of these videos are selling something. I don’t buy anything they sell and do not recommend anyone else buy anything they sell.
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The thumbnail is actually quite funny lol 
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I took everything I had there because withdraw costs are too high IMO.
(this post and some others following it)
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That was a major problem when I was trading with them
6.5% withdrawal fee on stables is too bad, I’d be okay only up to 1%.
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If we are still talking about withdrawing from Plexytrade, it makes a difference which “gateway” you choose. I would guess the high withdrawal fees were for using the “Crypto” gateway. Fees are much lower if you choose Confirmo.
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Sorry I disagree. There are other brokers who charge much lesser in cryptos. Members have shared experiences in this thread recently.
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Not just cheaper, I damn near get all the money that I requested even after I convert it to USD, No BS
Maybe but European people get ripped twice because, for reasons I don’t understand, they convert USD to EUR (at a bad rate) and then EUR to crypto USD (at a bad rate), plus commissions.
That’s what they explained to me at the time.
"In regards to the fees that were charged, your withdrawal request was for the amount of $500 which was converted to EUR (at that day’s rate), and a fee of 4.5% + 18 USDC was then charged by our Payment Service Provider, which we do not cover.
Kindly also take into consideration that your withdrawal is converted to EUR (at that day’s rate), then into Crypto, then once again quoted in USD to the value pricing on your Crypto account. This may lead to a slight change in the exchange rate, which can also work in the favor of our clients."
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As shown in the video, there was still a conversion fee and a difference between the requested and received amounts. You got lucky this time… Lol! But honestly, there’s always some fee or conversion cost, so, brokers with Quick Withdrawals options are best to trade with…!!
Never luck, I’m over 1,000 withdrawals and I can tell you, I damn near get all my money when I request it, small and big, the bigger withdrawals is where I take a small hit but nothing over 1%
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The first time I withdrew from LQDFX (before they became Plexytrade) I had a similar experience. I complained about the high conversion fees, and they explained that the service provider called Crypto has an additional step of converting to/from EUR. They recommended Confirmo, which has much lower fees. I posted here about this before. Did you use the Crypto “gateway” for your expensive withdrawal? If so—unlike so many problems in life—this is one that actually has a straightforward solution: use Confirmo next time.
So I withdrew from Coinexx yesterday- $2,000 its actually instant, and fee is around 1%
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When you google Coinexx, there’s so many people make bad review about Coinexx, isn’t there other broker that good like FXChoice? Too bad for FXChoice
FXGlory, Coinexx, when you google this broker, only came out is bad review, this trusted broker is getting less and less, seems CFTC is winning
PlexyTrade is interesting, i am gonna open an acct and try them, their HQ is montenegro, that is in a country that US jurisdiction won’t reach, their swap for gold is huge, but on good side, they have a positive swap on the some of them (good sign) unlike Coinexx doesn’t have positive swap on all currency (bad sign)
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No point beating a dead horse…To be fair, I think all brokers have negative reviews. But threads like this one are important to follow, to know about real experiences by real traders. I have been into the industry for 15 years, and have seen many brokers come and go. The brokers that are in the trusted list here are all trustworthy as of today. But it does not mean that we become complacent and non-vigilant. Generally speaking, a broker giving quick withdrawals is a good bet.
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The instant withdrawal feature offered by coinexx, if they stop processing withdrawals, will cause a flood of complaints within hours. Maybe they offer instant withdrawals to get more people on board to do so, who knows, but it’s a good thing they have instant withdrawals.
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I kind of agree with this. Fast withdrawals are pretty cool, and not a lot of brokers offer that…By the way, did anyone see the latest job report? US job growth picked up in August, and the unemployment rate is easing. That’s got to have some impact on the markets.
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It is, but the 4.2% reported was exactly in accordance with the widespread forecast of 4.2%.
Not so much: what affects the markets isn’t mostly the size of the figure or whether it’s rising/falling; just whether it’s higher/lower than the widespread forecasts. And this wasn’t.
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This is just to clarify, got a call from them and it seems their swap system is different from other broker, you got free swap for 7 days, after that they charge swap daily, so if you want to get free swap you have to closed your trade at day 7 and you can open trade again to get free 7 days again, this is great news for us trader, hopefully they won’t get scared of CTFC
Now i have a high hopes for this broker
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Speaking of fast withdrawals, I did 2 test withdrawals (small amounts) from Ox Securities in USD via ACH transfer. First was to Wise, the second to my bank (in the U.S.) With the first, requested mid-day, money was in my account <24 hours later. With the second withdrawal, Ox sent email confirming it had been processed about 36 hours after the request, and money was in my bank account <48 hours after I submitted the withdrawal request. I suspect that the second withdrawal request may have been made after a cut-off time. I had set up the two “withdrawal accounts” ahead of time, and they had been approved in a day or two without requests for additional documentation. Very straightforward, fast enough for me, and no need to convert in and out of crypto.
For those who prefer to deposit/withdraw in crypto, they accept deposits in several crypto currencies, but make withdrawals only in USDT, over either ERC20 or TRC20 network.
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