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joalund
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Are there any payment methods available on LINE FX that support instant withdrawals?

Broker Issues
LINE FX
Withdrawal
Deposit
03-08
United States
WikiFX
Reply

In my personal experience navigating LINE FX, I've found that while deposit methods offer some flexibility, instant withdrawals are not currently available. LINE FX supports payments through bank transfers and QuickCash for deposits, and withdrawals are processed via bank transfers. Bank transfers for withdrawal are generally free of commission, which is an advantage, but they are not instant. Typically, the processing time for withdrawals is listed as "generally within 24 hours," though in practice, actual transaction speeds can vary depending on the specific bank or timing during business hours. For deposits, QuickCash is available at certain supported Japanese financial institutions and is free of charge, but this does not extend to withdrawals. I believe this structure prioritizes regulatory compliance and security, which is in line with their regulation under Japan’s Financial Services Agency. As a cautious trader, I always prefer platforms that balance speed with safety, and while instant access to funds is convenient, I am mindful that established procedures for identity and fund verification are standard practice at regulated firms like LINE FX. Therefore, anyone considering LINE FX should plan for withdrawal timelines and not expect instant withdrawals as part of the platform’s current offering.

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