Waterlily Posted December 9, 2012 Report Share Posted December 9, 2012 Hey Guys, Does your broker charge you everytime you deposit and withdraw? I'm going to open live account in hymarkets... To avoid cuts please share your ideas regarding deposits and withdrawals. Thanks! Regards, WAterlily Quote Link to comment Share on other sites More sharing options...
egaalh Posted December 9, 2012 Report Share Posted December 9, 2012 Each broker has different rules.But use only ECN broker not a regular broker.with regular broker the game is in the house,meaning not a true trade. The only way is to find ECN broker. I'm using Interactivebrokers for many years.the problem with I.B it will take you a long time to learn how to use the platform.good luck with trading Egaal Quote Link to comment Share on other sites More sharing options...
capsmart Posted December 9, 2012 Report Share Posted December 9, 2012 Usually they do not charge you when you deposit but they could charge you when you withdraw. As egaalh says each broker has a different policy. With bank transfers (instead of checks or credit card payments) usually there are no charges. Quote Link to comment Share on other sites More sharing options...
zamanfx Posted December 10, 2012 Report Share Posted December 10, 2012 Hey Guys, Does your broker charge you everytime you deposit and withdraw? I'm going to open live account in hymarkets... To avoid cuts please share your ideas regarding deposits and withdrawals. Thanks! Regards, WAterlily I suggest you do a thorough research about your broker first before you open a live account with them. Because it looks like you're trying to promote them and yet you know nothing about them :-?:-? Quote Link to comment Share on other sites More sharing options...
supertrader Posted December 10, 2012 Report Share Posted December 10, 2012 I wouldn't want to register to that broker if it charge me when I deposit my money. That absolutely might turn to scam. Quote Link to comment Share on other sites More sharing options...
diablo88 Posted December 11, 2012 Report Share Posted December 11, 2012 (edited) ^ I don't think any broker charges you when you deposit is a scammer. Just they want to earn a lot money from you :D Anyway, I don't like the broker always charges my money when I deposit or withdraw. I think a good broker shouldn't do that, trader know how broker can earn money through their trades. Losing any pennies frequently for free activities as deposit or withdrawal is super bad. Luckily, my broker doesn't charge me for those activities. Edited December 11, 2012 by aventador Quote Link to comment Share on other sites More sharing options...
Waterlily Posted December 18, 2012 Author Report Share Posted December 18, 2012 Usually they do not charge you when you deposit but they could charge you when you withdraw. As egaalh says each broker has a different policy. With bank transfers (instead of checks or credit card payments) usually there are no charges. I think the broker is not the one charging but the bank i guess. Waht do you think? Quote Link to comment Share on other sites More sharing options...
Waterlily Posted December 18, 2012 Author Report Share Posted December 18, 2012 I wouldn't want to register to that broker if it charge me when I deposit my money. That absolutely might turn to scam. Hi duderex, HY Markets didnt charge me when i deposited money for the investment but i think if i'll withdraw the money bank will charge me not the broker. Regards, Waterlily Quote Link to comment Share on other sites More sharing options...
Waterlily Posted December 18, 2012 Author Report Share Posted December 18, 2012 ^ I don't think any broker charges you when you deposit is a scammer. Just they want to earn a lot money from you :D Anyway, I don't like the broker always charges my money when I deposit or withdraw. I think a good broker shouldn't do that, trader know how broker can earn money through their trades. Losing any pennies frequently for free activities as deposit or withdrawal is super bad. Luckily, my broker doesn't charge me for those activities. Thank you for your input aventador! Happy trading and get away from scammer brokers.lol Quote Link to comment Share on other sites More sharing options...
Kristianto Posted December 21, 2012 Report Share Posted December 21, 2012 a properly licensed broker should not be charging hidden fees. all fees should be upfront told to you during account opening. ESPECIALLY funding or withdrawals! Quote Link to comment Share on other sites More sharing options...
Malcolm Gunawan Posted December 21, 2012 Report Share Posted December 21, 2012 It's better to trae with brokers that accept cash for funding and withdrawals, and not some credit from like Liberty. Quote Link to comment Share on other sites More sharing options...
Klimov Posted September 11, 2015 Report Share Posted September 11, 2015 You are right that you're interested in handling withdrawal by a broker. It's really important. And it will show whetherthis broker can operate in an acceptable way. If you have questions about your broker, I advise to have a look at fresh forex. Broker withdraws really good! And it has already been proved in practice many times. Quote Link to comment Share on other sites More sharing options...
shoushe Posted September 13, 2015 Report Share Posted September 13, 2015 My broker vinson financials doesn't charge any fee when you withdraw fund via Skrill. But Skrill could charge you a fee of ~ 4%/fund. I am looking for another payment processor. Quote Link to comment Share on other sites More sharing options...
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