Yes. I believe broker always review withdrawal requests except they are very small amount. The reason is if they can lose money, withdrawal request is the only way they can manage (other way is they can be fined by another organization), so they have to check them carefully as who withdraw, why they withdraw, withdraw profit or capital, is this a suspicious request or normal request,… I think it’s very complicated but they must do every requests
I’ve heard about xm, the withdrawal process is fast. it’s like on liteforex, using payment processor there also quick and fast.
I have medium sized accounts on both of these brokers, and never had any problem with withdrawals. I use skrill (moneybookers) for both of them.
oanda might be a favorite here, not sure though haven’t tried any of them.
Why exactly a favorite? Are you also using Skrill for withdrawals or something else?
I am using skrill for my profit withdrawals and the payment processing from my broker is quite smooth however skrill is charging a lot now.
I may be missing something, but to me, it makes no sense to withdraw funds from (or to) a broker via a third-party payment-processor at all.
All it does is produce an extra layer of additional, unnecessary costs and potential delays.
For me, the easiest way has always been directly in/out of a bank account.
I’ve never felt comfortable with Exness but never traded there. How they get the amount of volume they publish with their offering blows my mind. I’d pick Oanda of those.
How can you not feel comfortable with them if you never tried them? I personally really enjoy their instant withdrawal features, probably their biggest perk
Been very fair, i don’t think this instant thing really works! I am not sure how can i be so unlucky with this, but since last 5-6 months, i have made around 15-16 withdrawals mostly sized between 100-200 USD and only 5/6 of them been instant while rest were manual, so this instant thing is hard to understand for me. Another thing that i feel upset with is their news leverage change! I mean, i am mature enough to decide the risk for myself but yet such headless rules come into ruin the fun.
And what do you use for withdrawals? Skrill?
Last year I made a big 4000$ withdrawal from XM and everything was perfect, here is the screenshot = xm-4000-skrill-withdrawals-2016 - Free & Detailed Image Hosting
I use Skrill or Banking option only regardless of which broker I use, as in my country they work best in terms of exchange rates. That’s pretty cool figure, so did you received the payment instantly? I haven’t worked with XM before in major way. I just remember working with them once in long long time ago which was maybe to do with some freebie offering they had. Honestly, I don’t remember exact as it must be 3-4 years back. However, I haven’t tried them with own deposit yet. So far, I have worked with Etoro, Instaforex, Forex Marts, Exness and OctaFX is my latest pick.
Out of all these, FM had terrible platform with too many re quote while Instaforex was equally bad with their Anti-Fraud Department while Etoro was too hard to understand with their messy setup. Exness is one that I use inactively more so to do with their unlimited leverage while OctaFX is where I work actively and they have instant payments.
Okay…now i need help and since im with Oanda i will just try to reply on this thread instead of opening a new one.
How the…h.e.lll…can i get a view of my Tradehistroy? Maybe im to stupid or something but as you can see in the screen, im going to “view Trading transaction history” .
After that, it open a new window (2) and ask me to fill in username and PW. I do that but nothing happen…
Someone an idea?
Edit: Its okay, i have linked the account to fxbook after found out what a fxbook is. Now i can see everything trough fxbook.
Thanks anyway!
Lol, firstly i guess it would have been better had you created thread for this, as people with Oanda are ones that could help you not others. It’s always great to have it linked on Myfxbook as it’s good for multi purpose.
Oanda can be a bit of a pain to use and analyse data. MyFXBook is much better for this
I believe myFXBook is mostly used to share trading progress with others no?
A lot of scammers use it for that reason but others, as JoJo23 says, find it very useful for themselves
So its possible to fake the information (the trades) on myfxbook? I didnt know that… I thought it was verifiable
It depends on your trading style. If you are a swing trader, then no differences. But if you want to scalp none of them are okay. They all have wider spread and slippage.
Try a ECN broker like Tickmil, FxPro (cTrader) , But keep your account under FCA (Which is tough in FxPro).
To be honest if you want to scalp then MT4 is probably not the best solution.