I use Hotforex and although I am not a US based investor nor resident my international withdrawals so far took an average of 2-3 hrs in between and so did my deposits. I usually make my request around 9-10 in the morning and at 12 +- I see the balance in my bank.
Ya it’s not just online recommendations that one should go for, own research is also very much important.
Anyone trading here with floating spreads? I switched recently and yet to decide which is better - fixed or variable.
I would go for variable spreads anyday. Fixed spreads don’t change with market trends and that can be such a disadvantage. Good thing, my brokers fxview and icm are flexible in a lot of respects, including spreads.
Who could forget the Swiss National Bank debacle when it removes the 3 years old peg of the Euro out of the blue. EURCHF saw a new low with the traders and brokers who were swiped out of the business while many looked for bailouts simply to stay afloat.
Not much of a math. Just calculate the difference between the buy and sell price of the pips. Or subtract the bid price from the ask price.