Given that traders effectively have to "entrust" their assets to a broker, one of the main considerations for forex traders in choosing a broker is the deposit and withdrawal. More than just a question of whether you can withdraw, the best withdrawal experience that many traders are looking for must be easy, fast, and "not complicated". But, where can you find a forex broker with such withdrawal process?

Many forex traders have gossiped about and complained about broker withdrawals, including on the ForexFactory forum where traders from all over the world gather. The following is a list of several forex brokers said to have the best withdrawal process, specifically selected from traders on the forum.

Exness

A member from India with the username Forexgain who is included in the High Impact Member in ForexFactory (top 1%) wrote in the thread "Best Withdrawal Brokers?" He said that "No other forex broker can beat Exness in terms of withdrawals. All withdrawals are processed automatically. Very safe and fast....!"

Member smt1361 from Iran in his comments confirmed Forexgain's statement, "No other broker can beat Exness when it comes to withdrawing funds, especially (via) e-currency. My friend and I withdrew more than $300k without any problem. After Exness, I can confirm RoboForex for fast withdrawal of funds."

Until now, the Exness still seems to have a record as one of the brokers with the best withdrawal facilities. Member rockthepips from Budapest, Hungary, also agreed that Exness is one of the brokers with the best withdrawal experience.

Exness is a CySEC-regulated broker that has been established since 2008. Need more complete information about the Exness broker? Check out the review page or visit the website.

XM

A ForexFactory member called rockthepips also testified how XM withdrawal process via Skrill only takes between a few hours to two working days.

A member named trader700 from the United States is also quite satisfied with XM. He responded to a slanted comment about XM's alleged spread manipulation by writing, "I also won a contest prize of 4300 US Dollars and I withdrew the entire amount without any problems. People should not blame brokers when their very tight stops (losses) are triggered during the period -volatile period."

XM which was founded in 2009 is regulated by CySEC. Need more complete information about the XM? Check out review page or visit the website.

IC Markets

Member marx64 from Estonia noted, "I have been using IC Markets for a year and am happy with them. Withdrawals to credit/debit cards only take 12-24 hours, free of charge. Additionally, (IC Markets) is a fully regulated broker in Australia, spreads are good. Recommended."

marx64's opinion was echoed by space-trader from France, "I really enjoyed using this broker. And like many others, I have tested many brokers. Since the DDoS problem (which happened in October 2015) was fixed, it's hard to find a negative light on the broker."

Shellsnail from Singapore, a High Impact Member of ForexFactory (top 1%), also gave a good testimonial about this broker, "Highly recommend IC Markets. Never had a problem anything with withdrawals; have withdrawn funds more than 30 times, more than 10k profit. (Processing) withdrawals on the same day; (takes) 3 working days to arrive in the bank account."

IC Markets is an ECN broker that provides trading service on MetaTrader and cTrader platforms with a minimum deposit as low as 200 USD. To get more information, check IC Markets Review.

Pepperstone

One of the Commercial members of Forexfactory named Orabi from Spain expressed satisfaction with Pepperstone and RoboForex withdrawal which he said only took 1-2 days.

Similar to Orabi, High Impact Member (top 1%) with handle Dimi.A from Sydney, Australia, admitted that he was satisfied with Pepperstone. In the thread "Which brokers allow you to withdraw profits without a problem?", he commented, "When it comes to withdrawing funds, I use Pepperstone. Never had a problem with withdrawing or transferring funds. (The process) is free too."

Like IC Markets, Pepperstone is also an ECN broker, regulated by ASIC. It offers super tight spreads and anyone can start trading with only 200 USD. Further information about this broker can be accessed in the review page or directly on Pepperstone's official website.

Forex.com and OANDA

Forex.com and OANDA are two regulated brokers based in the United States. Judging from the many comments on ForexFactory, it seems that withdrawing funds from both brokers is very smooth, especially for traders who live within the country.

A member called Lion-from the US is one of them. He wrote, "Withdrawing funds on OANDA using a Debit Card connected to my trading account and my bank account usually only takes 1 working day. Once in a while, I was even able to receive a withdrawal in my bank account on a Saturday. I would not recommend other (withdrawal) methods. Debit Cards are the way to go."

OANDA representatives responded swiftly to this statement by reminding them that withdrawals via debit are limited to 10,000 USD, so it is recommended for US traders to use bank wire. Of course, both are not alternatives that traders from other countries can take, because geographical distance alone indicates that interbank transfers will take several working days.

Final Words

From the description above, it can be concluded that forex brokers with the easiest and fastest withdrawals have certain characteristics. Among them are regulated, have a long history, and have many registered traders. If you are an International trader who chooses to use a global forex broker with reliable withdrawal process, then Exness, XM, IC Markets, Pepperstone, and these US-regulated forex brokers can be good options.