Instant withdrawal allows traders to withdraw their money in less than 3 days or even in a matter of hours. The following brokers have been proven to give instant withdrawals.
Apart from the trader's skill and experience, the choice of broker may also determine the success of the trade. Among many factors that should be considered when choosing a forex broker, deposit and withdrawal are some of the most crucial ones. Remember that in forex trading, you basically have to entrust your money to the broker. In this case, the deposit and withdrawal deal directly with the way you store and withdraw your funds. Therefore, you must make sure that the broker is safe and offers a wide variety of payment options with affordable fees.
Many traders often categorized withdrawal as one of the simplest indicators to detect a scam broker. Many scammers ended up taking their clients' money and block the traders to withdraw. That is why it would be wise to check if the broker has no withdrawal issues before opening a trading account there. Even better, a broker that offers instant withdrawals would allow you to withdraw your funds in a relatively short time. In this article, we have summarized 5 brokers with instant withdrawals proven by real testimonies from traders.
A trader with the username of Forexgain is a High Impact Member in ForexFactory (top 1%) from India. He wrote that there is no other broker that can beat Exness in withdrawal in a thread titled "Best Withdrawal Brokers". He testified that all withdrawals are processed automatically and the process is really safe and fast.
Another member from Iran with the username of Smt361 added his comment by stating that Exness is still the best broker regarding its withdrawal feature, especially by e-currency. He added that he had withdrawn $300,000 from Exness without any problem. Other than Exness, he also recommended Roboforex for instant withdrawal.
A similar statement also came from Rockthepips from Budapest, Hungary. He stated that Exness has the best withdrawal facility and included this screenshot:
Exness is a broker founded in 2008 and has now become one of the most popular forex brokers in Europe. The company is considered safe and reliable because it is under the regulation of CySEC (Cyprus) and FCA (UK). Exness is well-known to have an excellent withdrawal feature with a wide array of payment methods including wire transfer, credit card, WebMoney, SticPay, Skrill, Neteller, Perfect Money, and Bitcoin. Other than that, the broker also offers a quick withdrawal process in less than 5 minutes.
One of the main facilities provided by this broker is automatic withdrawal. On the broker's website, it is stated that 98% of the withdrawals are automatic on most e-payments. Every withdrawal process will be checked first by the broker to ensure the authenticity of the order given. Once it is authorized, the withdrawal request will be processed automatically and it will only take a few moments. Should the order is not subject to instant execution, the process will take approximately 24 hours.
Variable and Fixed
Islamic accounts available
The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.
Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.
Not only that, but traders can also enjoy other advantages such as an automatic fund withdrawal system. If a trader withdraws funds through the e-Payment facility provided by Exness, the processing time is instant and goes straight into the account. This means that when traders make a withdrawal, everything happens automatically without human intervention.
The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.
Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable for delays in processing deposits and withdrawals if such delays are caused by the payment system.
Traders do not need to worry about transaction fees when depositing and withdrawing. When trading on Exness, transaction fees are not charged to traders. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.
All information displayed on the Exness website is tested and proven. Their business is audited quarterly by Deloitte, which is an audit company for financial services.
Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.
The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.
Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.
One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.
Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.
Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.
When trading with Exness, profit opportunities generated by traders also increase with VPS hosting services. This feature helps to maintain trading activities to progress smoothly and without interruption in the event of unexpected troubles such as lost internet connection or electricity problems that shut down traders' PCs unanticipatedly.
From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.
Withdrawing funds in Exness is really simple. All you need to do is access your Personal Area, click on the Withdrawal tab, choose a payment method, and fill in details like account number, payment method details, and the amount you wish to withdraw. After that, you need to confirm the transaction by entering the verification code sent to your device of choice (email or SMS). However, keep in mind that the payment system you choose must be the same as the one used for deposits. Although there is no limitation, there may be minimum or maximum limits depending on the payment method you use.
See Also: Forex Brokers Allowing Bitcoin Deposit
One of the popular Commercial Members in the Forexfactory, Orabi from Spain, stated that the withdrawal process in Pepperstone only takes about 1-2 days. He attached a screenshot of his Client Area view:
Similar to Orabi, a High Impact Member (top 1%) Dimi.A from Sidney is also satisfied with Pepperstone. Under the thread "Which brokers allowed you to withdraw profits without a problem?" she commented that Pepperstone is still the best in terms of withdrawal features. She also mentioned that she never had any issues with Pepperstone before, especially regarding deposits and withdrawals.
Trading by telephone
Islamic accounts available
Pepperstone was founded in 2010 by a team of experienced traders with a shared commitment to improve the world of online trading. Based in Melbourne, Australia, they grew to become one of the largest forex brokers in the world. If traders want to find a broker that provides low spreads, fast execution, and award-winning support, then the answer is Pepperstone.
Pepperstone has a strong legality guarantee because it has been licensed by the Australian regulator ASIC and FCA. Traders' funds can be deposited in segregated accounts at top Australian banks, one of which is the National Australia Bank (NAB). Therefore, the safety of funds is not a concern if a trader chooses to open an account in Pepperstone.
They succeeded in collaborating with 23 top banks to bring Bid to investors instantly via optical fiber. This allows all orders to be executed 100 percent automatically with low latency up to 0.05 milliseconds, without dealing desk intervention and requotes, as well as with super low trading costs.
Trusted by over 73,000 traders around the world, Pepperstone processes an average of USD12.55 billion of trading volumes every day. Because of that, they have many awards such as:
- The Best Global Forex ECN Broker 2019 and Best Forex Trading Support-Europe
- Best Australian Broker and Best Trading Platform 2018 by Compareforexbrokers.com
- Best Forex ECN Broker, Best Forex Trading Support, and Best Forex Trading Conditions by UK Forex Awards 2018
With the many rewards gained, Pepperstone hopes to attract more and more traders from all over the world. The rising performance of Pepperstone is not only due to the super-tight spreads and fast execution that it provides, but also because many traders are interested in trading with deposits in currencies other than US Dollars.
For this reason, Pepperstone is one of the most market-responsive brokers because it is willing to accept deposits in 10 currencies, which include AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, SGD, and HKD.
Trading in Pepperstone would allow traders to choose between 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo, and cTrader Mobile. The choice of trading platforms may seem confusing to novice traders, but actually, it is very useful because it has fast execution.
When trading forex, traders can enjoy raw spreads from 0.0 pips on Razor accounts, over 61 currency pairs, and commission-free account funding on a wide range of deposit options. In addition to currency pairs, Pepperstone provides many types of trading instruments, including CFDs for indices and shares, commodities, and cryptocurrencies.
Instruments in commodity trading are pretty much diversified. Not only metal, gold, and silver, but traders can also trade with soft commodities such as cotton, sugar, coffee, cocoa, and orange juice. Pepperstone also provides trading on energy (oil and gas).
There are two types of accounts provided by Pepperstone, namely Razor accounts, and Standard accounts. If you area beginner, it is recommended to choose a Standard account with an average EUR/USD spread of 1.0-1.3 pips and free commission.
Those with particular trading styles such as scalpers and algorithmic traders may enjoy the lower cost setup traditionally seen in a Razor account, with a commission from AUD7 round turn of 100k traded. The initial deposit starts at USD200 with a minimum lot of 0.01 (micro) and 1:500 leverage.
As a Pepperstone client, a trader can fund and withdraw with alternative methods including Visa, Mastercard, POLi internet banking, bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay.
If you are new to trading or looking to practice your trading strategies in a risk-free environment, you can create Demo Account in Pepperstone. But if you are an experienced trader or prefer to learn by doing, Pepperstone provides a Live Account that allows you to trade with live executions and pricing.
Traders can also follow and copy strategies from popular traders using third-party services while learning how to improve their trading abilities. Pepperstone has partnered with a range of social trading platforms that traders can choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader signals, and Duplitrade.
Pepperstone accepts withdrawal via Visa, MasterCard, POLi, bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay. In Pepperstone, you can withdraw your funds by heading into your secure client area. According to the broker's website, there is a minimum withdrawal amount for international bank wire transfers that will be shown after completing the request in the client area.
Apart from that, it is important to note that you can only withdraw up to 90% of your free margin. In other words, the amount can change as the free margin of your account changes too. But don't worry, this will be updated regularly and sometimes within a matter of seconds only. The broker will process all withdrawal requests on the same day if the broker receives them before 21:00 GMT. Otherwise, you have to wait for the following day for the processing.
Not only did he leave comments for Exness, Rockthepips also recommended XM and took a screenshot that shows the broker's fast withdrawal process (it only takes a few hours to 2 business days in 2014).
Another member with the username of Trader700 from the US also agreed that XM is a great broker in terms of withdrawal. He replied to a comment that accused XM of manipulation and scam. He specifically wrote that he won a contest prize of $4,300 and had withdrawn all of it without encountering any issue. He thought people needed to stop blaming the broker when the stop loss was highly strict on volatile markets.
XM is a top broker that was established in 2009 and is regulated by several top-tier regulatory bodies including ASIC (Australia), CySEC (Cyprus), and IFSC (Belize). XM offers quite a wide variety of payment methods, namely Visa, Mastercard, Maestro, UnionPay, Skrill, Neteller, WebMoney, and bank wire.
Interest rate on funds
Trading by telephone
Islamic accounts available
Requires sending documents via postal mail
Established in 2009, XM is a member of an online brokerage company called Trading Point of Financial Instruments Ltd. In providing clients on a global scale, the company has branched into XM Australia and XM Global, and XM Cyprus. Each member has different headquarters and licenses, with XM Australia registered under the Australian Securities and Investment Commission (reference number: 443670), XM Global under the IFSC (60/354/TS/19), and XM Cyprus under the Cyprus Securities and Exchange Commission (reference number: 120/10).
XM is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and Webinar feature that is accommodated in 19 different languages with 35 native instructors for each language.
In terms of trading instruments, XM is a well-known diverse class assets provider, varying from Forex, Commodities, Equity Indices in CFDs, Precious Metals, Energies, to Shares. XM prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second. Trading in XM would be also provided with a strict no requotes policy, no virtual dealer plug-in, no rejection of orders, real-time market execution, and the choice for traders to place orders online or by phone.
Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip. Instead of providing maximum leverage on the scale of 1:500 or 1:1000 (round numbers), XM chooses to limit their leverage on a 1:888 scale, a unique number that is now widely recognized as XM's trademark.
To protect the client's fund in the event of extreme volatility, XM presents each account type with Negative Balance Protection. The deposit starts from $5 in Micro and Standard Account, while Ultra-Low Account requires a minimum deposit of $50. Traders who open accounts in XM are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units. If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade.
For the deposit, XM applies zero-fee deposits in most of its available payment methods. Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay.
XM also provides an Islamic Account for Muslim Traders obligated to Sharia Law that prohibits the use of interest generated by overnight swaps for each currency pairs. To give their clients the best experiment in trading, XM has given access to both MT4 and MT5 platforms, each is available for more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android, and Android Tablet).
All in all, there is no doubt that XM has gone global with its deep commitment to providing trading services in more than 15 languages around the world. Aside from easing traders' experience with mainstream trading platforms and high-quality trading execution, XM is open to various types of traders, from small capital traders to the more experienced ones with big deposits at the ready. Traders are even provided with a Cent Trading environment should they choose to register under Micro Account.
The processing time is relatively quick as the broker will process your request within 24 hours. You will receive your money on the same day for payments made via e-wallet, while other payments such as bank wire and credit/debit card usually take 2-5 business days. The smallest amount that you can take or withdraw is $5 and there are no fees attached to it.
On 14 April 2015, Marx64 from Estonia wrote that he has been using IC Markets for a year and was satisfied with the service. Withdrawing funds with credit or debit cards only took about 12-24 hours, free of charge.
Another member called Space-trader from France also claimed that he has tried many brokers and IC Markets ended up being the best choice among all of them. He said that after the broker solved the DDoS issue in October 2015, IC Markets has been striving and better than ever.
Shellsnail, a Singaporean trader and a High Impact Member of ForexFactory (top 1%) highly recommended IC Markets and stated that he never had any issues with withdrawal processes. He had withdrawn about 30 times or more himself, with more than $10,000 profits. He said the process took about 3 business days.
For your information, IC Markets is an ECN broker that was founded in 2007. This ASIC-regulated broker is well-known to be suitable for scalping, day trading, and automated trading. The high reputation of IC Markets makes it often referred to as the best broker in Australia with many interesting and high-tech features.
ASIC, ACN 123 289 109
Interest rate on funds
IC Markets is an online forex broker operating under the company of International Capital Markets Pty Ltd. Traders under the Australian jurisdiction are provided with the trading service of IC Markets AU that is headquartered in Australia and licensed by the Australian Securities and Investments Commission (ASIC).
On the other hand, non-Australian traders who open an account in this broker are registered under IC Markets SEY that is based in Seychelles, and regulated under the Seychelles Financial Services Authority (SFSA). The dual operation is a result of the relatively new rules from ASIC that prohibit their regulated broker to offer trading services outside Australia.
Classified as an ECN broker, IC Markets provide clients with MetaTrader 4, MetaTrader 5, cTrader as platform trading options. This broker also follows market trends to include Cryptocurrencies as one of its products, enriching its already wide selection of trading assets that include Currencies, Indices, Metals, Energies, Softs, Stocks, as well as Bonds.
The minimum deposit in IC Markets is in the middle range compared to other ASIC-regulated brokers, as it reaches $200 for every client. Market analysis materials are also prepared regularly for trading insights on IC Markets's official website, proving their competence to serve their traders with important contents created by market experts that work specifically for them.
For payment methods, IC Markets allows funding and withdrawal via wire transfer, credit card, PayPal, Skrill, Neteller, FasaPay, UnionPay, as well as Bitcoin via BitPay. The more interesting aspect from this broker is its multi-base currencies that include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.
As the trading technology in IC Markets is highly equipped with co-located servers and extremely low latency (especially on cTrader), the broker is widely known for its capability in hosting traders with the special needs for high-frequency trading as well as scalping.
To sum up, IC Markets is a fitting destination for active traders looking for a well-regulated broker. IC Markets is also flexible in terms of base currency and payment methods, signaling their commitment to welcome traders beyond their home country. As of late 2019, IC Markets provided their website in 18 international languages including English, Korean, Indonesian, French, Spanish, Italian, Malay, German, and Chinese.
When it comes to withdrawal, the broker offers a commission-free withdrawal with various payment options to choose from, such as bank wire, credit/debit card, PayPal, Skrill, Neteller, WebMoney, and Fasapay.
OANDA is one of the top regulated brokers that are based in the US. If we look at the comments on ForexFactory, we'll find a good number of traders recommending the broker especially for its withdrawal feature. One of those traders is Lion from the US.
He wrote, "Withdrawing funds from OANDA via debit card usually takes at least 1 business day. One time, I even receive the money on a Saturday. I won't recommend any other method. Debit card is the best option."
OANDA is an American forex broker that was founded in 1996, giving it a relatively long track record. It is regulated by several trusted regulators including The US Commodity Trading Futures Commission. OANDA offers an easy and quick withdrawal process with no fees except for bank transfers and PayPal. Also, it is worth mentioning that the withdrawal option and fees vary depending on your domicile.
Interest rate on funds
US traders are welcome
Traders looking for brokers with accurate precision, OANDA can be an option. That is because OANDA is a broker that provides quotes with 5-digit accuracy and active price movements that follow market developments. Order execution speed is also faster in this broker.
It provides benefits for novice traders, as they can trade with smaller volumes using the calculation system based on currency value, unlike other brokers adopting the lot system.
Founded in 1996, OANDA was built by Dr. Michael Stumm who is a lecturer in Computer Engineering at the University of Toronto, Canada, along with his colleague, Dr. Richard Olsen of The Olsen Ltd., which is one of the leading econometric research institutes. They have a head office in San Francisco, United States.
OANDA branch offices can be found everywhere. Some of these offices are located in the United Kingdom, Singapore, Japan, and Canada. With this number of offices spread, OANDA has increasingly attracted the attention of clients worldwide.
OANDA's company is registered under several well-known jurisdictions in financial trading. They are regulated by CFTC and NFA in the US, FCA in the UK, ASIC in Australia, and many others. Traders do not need to worry anymore about security when trading in OANDA. However, these advantages make trading rules at OANDA more stringent compared to other brokers.
For example, OANDA only allows maximum leverage of 1:50, because the rules in the US and Japan do not allow leverage above that. Besides, the registration procedure is more complex due to various additional requirements that are not submitted by other forex brokers. On top of that, hedging is not allowed in one trading account as the client must open an additional account to hedge.
Nevertheless, OANDA is known for being a leading broker with many advantages offered. OANDA faces increased market risk during periods of price volatility, such as economic and political news announcements. When market spreads increase or decrease, their pricing engine widens or narrows spreads accordingly. That way, traders can get the latest conditions from price movements in the market more quickly.
Prices move very fast in the market. Especially when news releases have a large impact on market volatility. This condition is often exploited by brokers to take advantage of clients with Requotes. However, traders do not need to worry about additional costs when trading with OANDA.
The company never withdraws Requotes so traders can get maximum profit. When traders are unavailable to monitor open positions, they can set take profit orders to lock in profits and Stop Loss orders to help protect against further losses.
As an experienced and well-known online forex broker, OANDA is committed to maintain an efficient trading environment that reduces latency and provid tools to help clients manage the degree of acceptable slippage.
With a fast & reliable trading platform by OANDA, clients' trades are executed in 0.012 seconds. This suits traders who choose brokers based on execution speed.
Because of this exceptional execution service, it is not surprising that OANDA won many awards, including the winner of the world's Best Retail FX Platform at the prestigious e-FX awards. The broker is also voted number 1 for Consistency of filling trades at quoted prices, Execution speed, and Reliability of platforms.
There is no minimum deposit or minimum balance required to open an OANDA account. Deposit and withdrawal can be done easily. OANDA provides a variety of payment method facilities, including Paypal, Wire Transfer, Credit Card, and Debit. Traders can adjust it to the region where they live.
OANDA provides more than 100 trading instruments, including 71 currency pairs, 16 indices, 8 commodities (Brent Crude Oil, Copper, Corn, Natural Gas, Soybeans, Sugar, etc.), 6 Bonds, and 23 Metals.
The fxTrade and MetaTrader platform are available at OANDA. These platforms can be used for Desktop and Mobile. Another plus is they have an OANDA Technical Analysis that exists in collaboration with a technical analysis provider called Autochartist.
With these platforms, clients can monitor price movements easier and automatically recognize patterns created on charts, as well as receive alerts when the awaited patterns appear. Access to this technology can be enjoyed free of charge.
In conclusion, OANDA is an ideal broker for traders in need of fast execution backed by many years of experience. The company is also a good alternative for those looking for a well-regulated broker with flexible trading and deposit conditions.
Choosing a broker with instant withdrawal is important, yet often underestimated. Being able to withdraw your funds quickly and safely is something that you can't always get from any broker. If we look at the brokers mentioned above, we can see that all of them are regulated and have more than enough experience to be highly reputed among traders.
rated by 554 users
rated by 916 users
rated by 12 users
|Office(s)||Cyprus, Seychelles and United Kingdom||Australia, China, Kenya, Ukraine and United States||Australia, Hong Kong and Viet Nam|
FCA (UK), 730729
FSA (Seychelles), SD025
FSCA (South Africa), 51024
Capital Markets Authority of Kenya, 128
DFSA (Dubai), F004356
|ASIC, ACN 123 289 109
|Minimum Position||0.01 lot||0.01 lot||0.01 lot|
|Payment||Bitcoin, Credit/debit cards, Neteller, Perfect Money, Skrill, Tether (USDT), WebMoney and Wire transfer||BPAY, Credit/debit cards, Neteller, PayPal, Skrill, UnionPay and Wire transfer||Bitcoin, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer|
|Official Website||Visit Exness||Visit Pepperstone||Visit IC Markets|
|Forex Demo Account|
|US traders are welcome|
|Requires sending documents via postal mail|
|Overnight interest rates (swaps)|
|Trading by telephone|
|Interest rate on funds|
Trading Platforms and Complements
|Trading via API|
|One-Cancels-Other (OCO) orders|
|Gold & silver|
|Website Languages||Arabic, Bengali/Bangla, Chinese, English, French, German, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese||Chinese, English, Russian||Chinese, English, Japanese, Russian|
|General Review||Read Exness Review||Read Pepperstone Review||Read IC Markets Review|
YuNaJul 27 2020
They keep getting better every year, so I decided to re-activate my account. The support helped me a great deal for it
Alex JoannJul 27 2020
My mentor suggested Exness when I was still new. They really help me to grow my account and never give any significant problem during my learning phase. Thanks Exness
Clara91Jul 27 2020
I only want to trade in a reliable broker, and for me, exness has what it takes to be a reliable broker
John Wallace PJul 27 2020
Used to trade in another broker and everything was difficult. I never feel similar diificulties from Exness. Keep up the good work!
nickycloudJul 27 2020
I registered based on my friend's recommendations.
So far so good. I can see why many traders favor this broker
Jenny ADJul 27 2020
Quick withdrawal and I got what I need in their trading signals. Good app for mobile phone too
Make it easier for me to trade everywhere
McPhersonJul 27 2020
Very nice broker! They have a good principle to avoid ambiguous bonus programs. Very desirable for safe trading
Harry AndrewsJul 20 2020
My withdrawal was delayed for two days even though the balance got immediately reduced. Fortunately, it didn't happen every time. The other day I requested a withdrawal and the process only took 5-10 minutes.
Chow PaxJul 20 2020
They claim to have 0 spreads, but the reality doesn't say so. I never see the 0 spreads, BTC/USD even has 400+ pips spread. I can't choose which one is more preferable so oftentimes I'm constrained to 2-3 pairs with 10-15/20 pips spread.
Win72fxJul 20 2020
I heard a lot of complaints about withdrawal, but Exness rarely has it. In my opinion, this is where a forex broker's quality is really determined. As long as the problem is kept to a minimum, it can be safely said that the broker is quite recommended. No need for A-Z promotions, withdrawal quality says it all!!
bangbang52Jul 20 2020
I always have positive experiences with Exness. There are a lot of benefits for IBs
RyanserieJul 20 2020
I have traded with this broker for several months. Though I doubted it in the beginning due to my painful experience with several other brokers when dealing with fund withdrawal, I'm amazed that Exness turns out to have auto deposit/withdrawal.
As for the payment methods, there are many choices for deposit while withdrawal method is only internet banking. So far it's not a problem for me as the process can be done in a few minutes. I'm not advertising but I truly enjoy trading with this broker.
Ok OcJul 20 2020
I used to trade in this broker because of its competitive trading conditions. I gradually left Exness because it can't keep up to offer attractive promotions.
Marais ElJul 20 2020
I recommend moderate leverage from 1:200 - to 1:500. Avoid high leverage at all costs.
Exness is a good broker as they're able to give 1:3000 leverage but always warn their clients should they want to try it.
Jonah ruleJul 20 2020
The Stop Loss didn't work. My account got MC because of it.
LeonJul 20 2020
The first time I tried to withdraw from this broker I immediately feel wronged. They said the payment process using FasaPay is instant, but it actually needed 3-5 business days. Where is the instant withdrawal that they claim to be capable of providing with? I'm beginning to doubt this broker
Bona GannJul 20 2020
Please don't complicate my withdrawal process. I have been trading with you since 2011, but lately, I'm always feel cheated as my withdrawal requests are always rejected for some abstract reasons. Here are the instances.
1. My withdrawal is usually confirmed by email but suddenly it's changed to be via phone, which makes it difficult for me during the switchover. the case was cleared but it psychologically troubled me a great deal.
2. I ordered a withdrawal via FasaPay for $350 and my balance at that time was $1044. When I choose the currency, there was a notification indicating that I my balance was not enough. I was made to totally unable of withdrawing my fund. The case was cleared but I haven't succeeded in withdrawing my fund.
3. Lastly, all of my payments are via FasaPay, but I was once denied of withdrawal process because I supposedly use BTC to deposit. Wth?? I didn't even have a BTC account.
Forex youngJul 20 2020
I've been trading only in Exness for 3 years. Other brokers are not good for a scalper like me due to the many restrictions. I can enjoy my profit in this broker and focus on trading for a living, not aiming to become a billionaire.
Exness' cons usually appear when there are news releases. It'll be very difficult to enter a trade and sometimes the MT4 can freeze. Recently there is a leverage warning every time important news are about to appear. There will be adjustment to margin requirements and the leverage can shrink to 1:200. Is it because the Exness team is also trading and they don't want to lose?
Mike FalonJul 20 2020
My friends and I have been trading with Exness (mini account, dp/wd via fasapay) with no problems and satisfying conditions. We can optimize the broker's feature to our capabilities, and that's saying something. Loss and profit come and go, even margin call is a normal occurrence. We consider them as precious experiences to rebound from.
Jarwo JKJul 20 2020
Ever since I found this broker I feel it's the best. FasaPay withdrawal is instant despite the maximum limitation for transfer amount per transaction. The support is quite responsive as well as the ib commission. Unlimited leverage is also great for snipers with small capital.
Mr ArtieJul 20 2020
I admit that Exness spreads tend to widen significantly during news releases. Slippage is also a risk but which broker doesn't have it? Aside from the disadvantages, Exness cent account is preferable.
As long as you don't trade the news, everything is good.
Agys Rb17Jul 20 2020
Average spreads in other brokers' cent account range from 1.3 to 2 pips. Exness has lower spreads that can get below 1 pip with the average spread only 1 pip.
John JuniorsJul 20 2020
I quite like this broker especially for its mini and cent accounts. When I was still a beginner I got margin call so I tried other brokers. My comparison results in all of those brokers' real accounts proved that Exness' cent account is pretty good.
Still, I can't quite choose Exness as my only one broker since there's no local bank deposit/withdrawal and fixed rate... Wish they can provide them sometimes in the future... ?
Bill NielsonJul 20 2020
Update from my previous predicament,
Exness has given back my money, and as a fair responsibility, I wrote here again about their good feedback. Imo it is the only broker willing to really compensate their client.
Bill NielsonJul 20 2020
I was disappointed after the DDoS attack incident. My account's profit went positive before it changed so suddenly that it triggered margin call. When I asked to clarify it the broker said that it could be compromised. I had sent my MetaTrader's log file and followed their instruction to wait for 3 days.
Every time I ask about my loss to this day they always ask for more time. If they can compensate for my loss I'll salute them. Otherwise, I'll spread this unfairness everywhere
Zahir SQWJul 20 2020
Traders with more than 3 years experience in this broker, please be careful especially if your account collects big profit regularly.
This broker will disconnect your account oftentimes!!!
The only solution is to have a backup for the internet connection. You need to quickly change your ISP when your account is forced to disconnect for more than 5 minutes.
I met a lot of problems like this. One example is when I got $20,xxx profit, and my account was disconnected for more than 3 hours. They sent an email to inform me that there had been a DDoS attack. I changed ISP quickly and the problem was immediately solved. At that time my profit has decreased to $3,xxx
I had tested my internet speed and there was no problem whatsoever.
I closed all my positions and withdrew all funds, never look back again.
This broker was long known to cheat traders with big profits. Some of my friends can attest to that.
Another side note:
Bonus promotion and spreads are deceiving. When the price is volatile the spreads could widen extremely.
ShaneJul 20 2020
I've been unable to connect to my real account for two days. So disappointing since Exness never gave me any trouble before. The live support ignored my complaints so I can't do anything....
Will DanielsJul 20 2020
In my opinion, Exness is quite attractive as the account types range from Cent to ECN. The leverage is also very accommodating to all types of traders.
Ronald SdJul 20 2020
This broker's not good for scalpers and news traders....
I keep getting requoted which resulted in my positions being executed in unfavorable prices....
If you like to trade the news don't choose this broker
Danny A PearsonJul 20 2020
This broker may fix some things, but what made me stop trading with them is the spread. Even the spreads in the ECN account is not favorable compared to other brokers' spreads. The service is not bad, the trading condition leaves a lot to be desired. If only Exness has zero fixed spread, I will reconsider my decision. But this broker is unfortunately not innovative enough.
Sandy MarteenJul 20 2020
I no longer trust this broker. I deposited a large sum of money but it's never credited to my account.
AstafxJul 20 2020
Never run into any problem during withdrawal, either for small or big fund, everything goes smoothly
Stephen FaradayJul 20 2020
I withdrew 5 times from Exness and all the proceedings went instantly without any trouble.
Opie BrothaJul 20 2020
From the time I learned to trade to the time I'm finally able to trade independently, withdraw my fund regularly, and gain profit consistently, I haven't met any problem. This is a recommendation from my mentor...
InesJul 20 2020
I enjoy trading in this broker. It's been 1 year
Arzd PlayrJul 20 2020
Exness is the only broker that I'm loyal to. I can use many platforms in this broker.
RomyJul 20 2020
I use two brokers and one of them is Exness. Both have pros and cons but overall, I have no doubt in their safety. I haven't managed to withdraw my fund but so far I'm quite satisfied.
Maya SantiniJul 20 2020
I didn't quite trust this broker initially, but I saw that they keep improving.
Eve PaigeJul 20 2020
This broker is not bad. I doubt it in the beginning, but the service is getting better. I've been trading in Exness for one year and feel the change. From the new regulation, support language, and the most important of all: the Analysis in my account. It's SUPERB!
I'm currently educating myself to trade with indicators. It will be better if Exness allows automatic trading.
ReynoJul 20 2020
After googling for some time I decided to pick this broker. I've been with Exness for 3 months, and so far so good. The registration process and other proceedings went smoothly. It hasn't been fully tested, but I hope everything goes well to the withdrawal process
Drew FabrizioAug 20 2020
I started with Pepperstone a couple of weeks ago. For the first time, everything seems fine, but it's just that their MT4 platform is really lagging during events. Also, their commissions are relatively expensive. It's not that they're not good, but their calculation with commissions and swaps really not my type.
Harley CadwellAug 20 2020
I place my withdrawal on Saturday, then on Monday, I got the money. It's a relatively fast process. Looking forward to another withdrawal this week. Not much but glad I got the profit.
Ruby PearceAug 20 2020
Such a great service and they have a good trading platform. I've been using Pepperstone for a while now and they keep improving its service in all different aspects.
Audrey PackmanAug 20 2020
I'm very interested in cTrader. That's why I join Pepperstone, it's the main reason. I've been trading with them for a while with no issues. I took my withdrawal profit (unfortunately, not that much :D) 2 or 3 times a week and it takes 2 days max to processed.
Eugene HackathornAug 20 2020
At the start, the broker running very well. But the longer it lasts, the worse it gets. Found that there was no more credit card option for withdrawals and can only be paid to PayPal which charged with high fees. Compared to other competitors, you know that deposit and withdrawal fees are relatively considered. Fastest and cheapest is a good sign of customer service.
Hannah CreedAug 20 2020
Such a good Australian local broker which hard to find these days. Excellent for support. Hope you guys can improve your mobile app tools for quick deposit and withdrawal, and also for other customer service support.
Markus ShallowAug 20 2020
I think Pepperstone needs to re-training its customer service once in a while. Because some of their representation doesn't have a clue about their own regulations. They are not well informed.
TuckerAug 20 2020
I don't have any problem with Pepperstone right now. They are very helpful dan provides good insight on their Telegram channel. I don't have problems with withdrawing funds too. Keep up the great job.
Patrick WilsonAug 20 2020
Many said that they were dealing with a sudden abnormal spike in the spread on a daily basis during the first hour each day. Not to scare anyone, but I just want to alarm other users about this broker.
Dawson MilesAug 20 2020
My experience with Pepperstone was very pleasant. I can make a decent profit. There is no problem with the withdrawal process.
Liam CastwoodAug 20 2020
So far, as a newbie on the forex trader, I don't have any problems with Pepperstone. They didn't hound me with phone calls, only called me to introduce themselves, and gave me an email to request assistance just in case I have any problems later. I am yet to make a withdrawal with Pepperstone but I will report back once I have.
Justin FrancoAug 20 2020
I don't have an account on Pepperstone right now, however, their 24/7 service is excellent. I have lots of questions and they answer all of them. It is very clear that they help me to understand. The great first impression so far.
Elijah BartonAug 20 2020
Their spread is lower than the other brokers. They close your position with no warning at all. It was a sell order and they close it way above my SL for no reason, all in an open market. Their customer service is so so. Think twice if you want to invest in Pepperstone.
Tom LucindaAug 20 2020
I have a pleasant experience with Pepperstone since have a live trading account. I made the account after more than a year building confidence over the demo account. I would like to see their Webinar based on the Ctrader platform. Looking forward to more content there since I'm not really used to MT4 or MT5.
Bennett SkylarAug 20 2020
So, I planned to trade temporarily with Pepperstone. Their platform is OK, but other brokers have better spreads. Their support is not terrible and pretty average. Also, I read some reviews and news about their data security. Apparently, their 3rd party leaks Pepperstone client's data. Data is very crucial for business these days, but to have a problem like this surely made me be aware of their circumstance.
Callum OlsonAug 20 2020
Pepperstone is a good broker that offers a great platform base for all of its users. The support is okay tho.
Puff HedgetonAug 20 2020
Their live support is amazing. I've been contacting them couple times since before I opened an account until now. They replied fast and answered all my questions. Pretty happy with the great experience.
Shayla KumarAug 20 2020
Recently, I had an issue with the logging process to my account on MT5. But the customer service assists me until the issue is sorted. Now it's resolved and I'm very happy.
John NeymarAug 20 2020
Excellent support and help. Thank you very much. They have the fastest system to approve the process. I recommend this broker.
JanikaAug 20 2020
Hello there, I had a great experience with broker Pepperstone. It's been a while with them. Their customer support is amazing. Even with someone with broken English like me, they still help me through the process.
Pam YohanneJul 27 2020
I've tried the Pepperstone Broker. I have tried to compare it through demo accounts among all existing brokers.
I think this ECN broker has the thinnest spread. But what prevented me from opening a real account was the language barrier.
I'm worried if there are certain complaints where I have to complain, whereas the Live chat service can only be in English. English is not my first language.
EzharJul 27 2020
What I like from Pepperstone, the trading technology is very modern, and the razor account for ecn trading is really raw spread, not manipulated
JoahnJul 27 2020
It's been a few years using this broker there are no obstacles. Just a small language barrier, can be helped right with google translate or something like that.
Razor ECN account is quite good, withdrawal to local bank is quite satisfying, 2 working days already liquid. so far quite satisfied with this broker
Davinne AtmarJul 27 2020
Between IC Markets and Pepperstone competing in terms of spreads. A minimum deposit of $ 200. And the winner is IC Markets broker Australia with the smallest spread in the world
Liam AddingtonJul 24 2020
It's been a month using ICMarket demo, and I compared it with other brokers, relatively smaller commissions and spreads. hopefully it's the same as with the Real Account ... thank U ICMarket, keep Good Service ...
Garret NgJul 24 2020
It's been 10 times to register a live account at icmarket.com but there's no confirmation via email too ... even though it's been 2 days :(
Sarah MichaelsonJul 24 2020
Recommended for those looking for ECN brokers, regulated & affordable deposits
Nadeem JulianoJul 24 2020
Just check on icmarkets.com, the commission is quite affordable, the max is 3.50 USD / lot. It's reasonable since the minimal deposit is quite high. If compared to other brokers, trading cost in icmarkets relatively cheap cz I've seen an ECN account that commissions like 20 USD / lot.
Pedro ViennaJul 24 2020
IC Markets real ECN broker. Can be checked from the quality of the regulation, also the platform can use cTrader who can access directly to the market.
JanetaJul 24 2020
IC Markets Brokers are really great, the spreads are very good ... starting from 0.0 for ECN accounts ... depo and WD smoothly ...
|Open Real Account||Open Exness Real Account||Open Pepperstone Real Account||Open IC Markets Real Account|
In the end, you would want to pick a broker that suits you the most, whether it concerns your capital, trading condition, payment method, etc. It would also be helpful to check the reviews from other traders so you can see if the broker really acts according to what they claim or not. Trying out the demo account might also be proven useful as you can use their platform and try their service before depositing any fund.