Deposit and Withdrawal - Forex Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Is ThinkMarkets the best place for beginners to start trading? What kind of benefits do they offer for newbies? I personally have plenty of criteria that I think would suit me, including but not limited to:
1. A good demo account with a lot of instruments choices and a good virtual balance (around $10k)
2. Great educational programs for beginners, which include basic trading skill courses and interesting interactive programs like webinars.
3. Low deposit as well as low deposit and withdrawal fees, most new traders are afraid to spend a lot of money for first-time trading.
In the beginning, they were a very good company, Trusted, honest, and have a very exquisite customer support system. But, then somehow they changed, and I started to have difficulties trying to withdraw money from this broker. Then they have a very high slippage in the spreads, more than 300% in some cases. This company has dropped a lot in quality and it's getting worse. A lot of my order wasn't executed properly, causing me to lose a lot of important opportunities. I don't know what happened, but I am not sure if I want to come back.
May 31 2022 1
I actually have been trading with IC Markets for a while but there is something that I just can't understand. Recently I have been having problems with my bank account (I used a bank transfer). However, I need to withdraw some money from my account. So I requested a withdrawal to another payment platform which is Skrill. But, my withdrawal request can't be approved as they said I have to use the same method as my deposits. Which is insane in my opinion! Why do we have to use the same methods for this?
How much is the minimum amount of deposit on TMGM? Are there any differences regarding the minimum deposit for each trading account type? I have my fair share of troubling brokers that didn't disclose their minimum deposit fees, this has caused me to spend more than I am willing. Normally I wouldn't mind the fee but I would prefer to be informed beforehand.
I am a new trader. Naturally, I don't have enough knowledge about trading and what makes a good broker. So, I need to find a broker that is suitable for beginners. Things that I would consider are:
1. Low minimum deposits with no fee
2. Tight spreads
3. Educational materials
4. Good customer services
does FXOpen has all of these requirements?
Mar 25 2022
Is it normal to give you bank statement before withdrawal? I have not experienced this with other brokers. I'm just afraid that IC Markets will use my identity for a bad reason.
Good broker but with a little bit too much higher deposit. They are lack of promotion too. So maybe they can boost the performance by add some promotions.
One of the drawbacks of Tickmill is that the nominal transaction required for either deposit or withdrawal is quite large. So for traders with mediocre capital, of course, it is quite difficult to trade at this broker.
I guess this is more of questions instead of a proper review. I wonder how can I make deposits and withdrawals through a local bank if IC Markets doesn't have a headquarters in my country? Also, how long does it take for the fund to arrive? I heard some rumors about difficult withdrawals, but I don't know if that actually happened to anyone or not.
After I got the status withdrawal approved from IC Markets using a local bank/wire, how long does it usually take until I get the money?