WikiFX

Reply

In my experience as a forex trader, I consider regulatory clarity and operational transparency to be non-negotiable when it comes to trust—especially regarding withdrawals. With AMTD, I find significant uncertainties, primarily due to their unverified regulatory status and the fact that WikiFX could not confirm a physical presence at their reported Hong Kong office. This makes it extremely tough for me to offer specific or confident guidance on exactly which documents AMTD might require for an initial withdrawal. Generally, with brokers that are genuinely licensed and transparent, initial withdrawals typically require standard KYC documentation: proof of identity (such as a passport or ID card), proof of address (like a utility bill or bank statement), and possibly the payment method verification used for deposits. These protocols are meant to satisfy anti-money laundering regulations. However, due to AMTD’s “suspicious regulatory license,” lack of clear support channels, and at least one user complaint about withdrawal problems, I remain highly cautious. For me, the lack of verified regulatory oversight means there is a risk that withdrawal procedures might not be systematically or fairly handled. I could not find any official statement from AMTD detailing the specific process or required documents. Given the heightened risk warnings, I would personally avoid funding or trading with an entity that cannot give clear assurances about withdrawal processes and regulatory oversight. When it comes to my own funds, I need a broker that clearly outlines, in advance, what documentation is required—something AMTD simply does not provide in any transparent or accessible form.