9 Best Forex Brokers with Instant Withdrawals

One of the most considered features when choosing the best forex brokers is the instant withdrawal feature. If you want quick cash access to your profits and want to use the money in your account, you should choose an Fx broker that offers instant withdrawals. The broker should be regulated and reliable for withdrawals to be processed immediately and happen instantly or within the same day. In this article, we will take a look at forex brokers that offer instant withdrawals.

FP Markets

FP Markets provides over 10,000 trading instruments from 8 different markets. These include forex currency pairs and CFDs on shares, metals, commodities, indices, cryptocurrencies, bonds, and ETFs. The company has been in the market since 2005 and is regulated in multiple jurisdictions.

The minimum deposit to open an account with this broker is AUD 100 or equivalent in account currency. Deposits and withdrawals on FP Markets are fast and easy. Withdrawals are instant for most payment options, while some take up to one business day.

75.3% of retail CFD accounts lose money

Exness

Exness is one of the most respected and biggest brokers on the market. With flexible account types, the broker has defined separate accounts with different limits for both institutional and retail traders. Exness has 24/7 dedicated customer service in multiple languages.

Although there are different levels of leverage in different countries, Exness, which generally offers high leverage, supports MetaTrader 4 and 5 trading platforms. The minimum deposit at Exness is $10. Deposit and withdrawal are both free and take a few minutes for most withdrawal methods. Unfortunately, the company does not accept EU clients, tho a wide range of other countries are welcome.

Remember that forex and CFDs available at Exness are leveraged products and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

OANDA US

The OANDA Group is a globally regulated broker that has been around since 1996. One of the things that make OANDA Corporation stand out compared to its competitors is the withdrawal methods and speed. Other brokers’ bank transfer methods usually take 2-3 business days, while in OANDA it takes an average of 1 business day.

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). Offering more than 3 deposit and withdrawal methods to its customers, OANDA has no minimum deposit requirement.

Forex trading involves significant risk of loss and is not suitable for all investors.

AvaTrade

AvaTrade, a 16-year-old online broker, is a reputable company that offers very comprehensive trading services. Regulated by many market regulators, the broker offers the opportunity to trade more than 1300 instruments. AvaTrade offers competitive and fair-trading conditions for all its clients. Offering innovative and powerful trading platforms, the broker allows social trading and has a high execution speed.

At AvaTrade, the minimum deposit is $100, which is a bit high compared to other brokers. The platform does not charge any deposit or withdrawal fees. Some of the withdrawal methods offer the option to withdraw within the same day.

71% of retail CFD accounts lose money

XM

XM is a well-established broker that offers many benefits for beginners and experienced alike. Having very good trading tools and offering many promotions, this broker allows traders to trade using the latest technology. XM has a total of 16 different trading platforms, including MetaTrader 4 and 5. It is very easy to reach customer service if you have any problems or have any questions. You can trade over 1000 stocks, forex and commodities at XM. At XM, the minimum deposit is $5 and withdrawals are free. Most withdrawal methods take a few minutes to process. For active traders, XM also offers the option to grab a FREE VPS to minimise the execution time of their trades to an absolute minimum.

74–89% of retail investor accounts lose money.

Go Markets

GO Markets is a well-regulated broker that offers a wide range of trading instruments and a simple account structure. Offering its clients two types of trading accounts, Standard and VIP, Go Markets charges very low transaction fees on both accounts. Go Markets has tight spreads starting from 0 pips and ultra-fast execution. It is quite easy to analyze and trade using the advanced analytics accounts of the platform. There is no stock trading at Go Markets and their customer service is 24/7 support. The minimum deposit requirement at Go Markets is $200 and new members receive a 30% deposit bonus. At Go Markets, which supports 6 different deposit and withdrawal methods, withdrawals are instant except for bank transfers.

Forex trading involves significant risk of loss and is not suitable for all investors.

FBS

FBS is a good broker that offers its clients the opportunity to invest in instruments in many financial markets. It is possible to trade cryptocurrencies, stocks and forex on the platform. Having user-friendly trading platforms, FBS also offers users a variety of educational materials.

FBS offers low minimum deposits and high maximum leverage in certain countries outside of the EEA. The spreads offered by the broker are slightly higher than the industry average. FBS’ Cent Account has a minimum deposit requirement of €10. Deposits and withdrawals with wire transfers can take 2-6 days, while withdrawals with other methods will only take a few minutes.

CMC Markets

With next-generation advanced trading tools and a wide range of instruments, CMC Markets is a solid broker for both retail and institutional clients. CMC Markets’ educational resources and research materials are guidelines for successful forex trading.

Suitable for both beginners and professional traders, this broker lets you trade commodities, forex, indices and cryptos. Founded in 1989, the broker offers over 9,500 CFD products with spreads starting from 0.7 pips. There is no minimum deposit requirement at CMC Markets. With no withdrawal fees, the broker will deposit your money into your account within minutes with a range of withdrawal methods.

IC Markets

Founded in 2007, IC Markets provides high-tech features to trade stocks, softs, indices, cryptocurrencies, forex, metals, energies, and bonds. Supporting trading with trading platforms MT 4, MT 5 and cTrader, the broker enables fast trading with extremely low latency. Available in 18 languages, this well-established broker is a good option for active traders looking for brokers that are both well-regulated and have low transaction fees.

The minimum deposit requirement at IC Markets is $200. Supporting deposits and withdrawals with 9 different payment methods and many fiats and cryptocurrencies, the broker does not charge even for withdrawals with credit or debit cards, and transactions take only 12-24 hours. With other methods, withdrawals will usually take minutes.

Conclusion

When choosing a broker, you should consider the trading platforms available, the fees they charge, the types of accounts they offer, and the withdrawal times. When you choose a good forex broker for your individual trading goals, you can trade with different financial instruments and benefit from low spreads.

Each broker has differences in commission rates, spreads and the way they charge. With the development and progress of the industry every day, the competition between brokers has increased and better platforms have been developed for users. Withdrawal time from a broker varies according to payment methods. While many brokers make instant payments with payment methods such as PayPal, Skrill, Neteller, the processing time may take up to a few days for bank transfers and debit card withdrawals.