I posted my impressions in another thread. You might want to look at https://bitcointalk.org/index.php?topic=317353.0

It's precisely what I am thinking right now. But I am no way sending them anything, even if the wall does belong to Gox. It would take at least 1 working day to have the fiat credited, and that wall is going to disappear soon, one way or the other.

I trade sometimes on plus500. I'm not too impressed.

There are 3 main issues that I don't like there.

1) They freeze their interface during high volatility. Forget about closing a position during a flash crash or a sudden price raise. And of course stoplosses are not guaranteed.
2) You can't hold a position beyond the end of the month. The CFD on BTC/USD expires at 21.00 GMT of the last day in the month.
3) Minimum lot size is 10 BTC, with 10 BTC increase step. I'm not sure if it's specific per account or it's the same for everyone.

The issue 1 is what really bothers me. You can view it as a standard broker old cheap trick, but still it surely would be better if they didn't that.

Point 2) and 3) are tolerable, but when I first opened an account there those restrictions weren't there. I was able to select a position from 1 BTC with 1 BTC increases step, and not be forced to close it at the end of the month. I definitely would have traded more frequently there (paying them more commissions in spread) if they didn't change their policy.

Just an update on my personal case.

1K SEPA withdrawal
19/09/2013 - confirmed (MtGox status)
01/11/2013 - pending (MtGox status)
05/11/2013 - funds received (bank account)

The processing fees were 1%, as expected.

Well, SEPA transfers are pretty fast (1-2 days from the moment the bank receives its submission) and generally unexpensive (depending on the bank, but you could find banks with 0 fee). Assuming the exchanger are indeed solvent (which I do not take for granted, btw), if there was no delay on Gox withdrawals the only risk would be the one of a big price movement between the moment of purchase of btc on the cheaper market (Bitstamp) and the btc deposit on the more expensive market (Gox). You would be entrusting the exchanger for your money the same way you are expected to entrust them for a "normal" fiat withdrawal. But of course the price difference between the exchangers would be too small to cover the fees, and the fiats would also be "locked" for the duration of the "round-trip" (no day-trading with them).

Hello,

I'm a long time lurker on this forum (mostly the Speculation thread and this thread as well).

I just wanted to share an update, just to create another "datapoint".

I had a 1k SEPA withdrawal in queue, requested on 19/09/2013. Its status changed from "confirmed" to "pending" yesterday, 01/11/2013. During the 6 weeks of waiting I contacted 4 times the support, receiving mixed boilerplate response with a few details of the current status (no relevant additional info besides the ones I already had from this thread).

I also had a few btc on Gox, I decided to move them in mid-October, transaction was smooth (I moved them to Bitstamp, I logged there about 1 hour after the withdrawal and they was there).

I'd like to share some additional infos on my personal experience.

When I choose to withdraw on Gox I knew what I was doing. I was aware of the delays, although I was estimating them on 4 weeks. I decided to give a try on a small bitstamp-gox arbitraging. I investedo what I considered an amount of "play money". Now, given that I still don't have the fiat on my bank account (bank holidays and weekend, bad timing...), I'm above break-even (and I managed to keep a small amount of btc).

Had I kept the fiat on bitstamp and just day-traded them I would have gained more (at least this is what Captain Hindsight and his assistants keep on telling me).

Long story short: atm Gox sux, but I don't think they are scamming. I think I could entrust them again with small amount of btc/fiat, providing that the delays lowers beyond (at least) 4 weeks. With all its issue, I think the entire BTC ecosystem still benefits from Gox. I am not in any way endorsing them, I only wanted to share my personal experience.

I'd like to provide my feedback on the MtGox withdrawal delay https://bitcointalk.org/index.php?topic=179586.0. I'm a long time casual lurker on the forum (never got interested in posting), my interest in bitcoin dates to 2011, I've acquired my first btc about 1 year ago. Currently I mostly follow the Speculation section.