Withdrawal times: how long did your last one take?
Withdrawals are the moment of truth for a broker, and the timelines vary more than the marketing suggests. First-hand accounts are among the most useful things members share.
Post:
- the broker and the amount (rounded is fine)
- the method and when you requested it
- when the money actually arrived
The withdrawals guide explains the checks behind the delays.
Background: Withdrawing money from a forex broker: verification checks, delays and complaints
Why regulated brokers ask for ID and proof of address, how withdrawals normally work, which delays are routine and which are warning signs, and how to escalate a complaint.
Why does my forex broker need my ID?
Regulated brokers must follow anti-money laundering rules that require them to verify clients' identity and address, and sometimes where deposited money came from.
How long do forex broker withdrawals take?
Many brokers process requests within one or two business days, and the transfer then takes as long as the payment method needs; international bank transfers usually take longest. Outstanding verification checks can add delays.
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