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Tom Nalichowski
Within 1 year

What kind of documents do I need to provide in order to make my initial withdrawal from Fortune?

Broker Issues
Fortune
Deposit
Withdrawal
04-04
United States
WikiFX
Reply

Based on my analysis and personal experience assessing brokers, Fortune Wealth stands out for its lack of regulatory oversight, which in itself gives me pause. When a broker is unregulated, such as Fortune Wealth, there is no standardized or transparent procedure required for withdrawals—this often puts more burden on the trader to confirm requirements directly with the company. Typically, regulated brokers clearly list required documents for withdrawals (such as identity verification, proof of address, and bank information), but with Fortune Wealth, I noticed that their documentation and transparency are lacking, according to the information available. Since Fortune Wealth only supports bank wire transfers and does not specify detailed withdrawal requirements or minimums, my approach would be extremely cautious. In my experience with similar entities, at the very least, I would expect a request for government-issued identification, a bank statement or canceled cheque to verify ownership of the bank account, and possibly proof of address such as a recent utility bill. However, because no specifics are published, I personally would reach out directly to their support (via their published email or phone), and I would be careful to keep written records of all communications. Given the high risks associated with their unregulated status and lack of clear information on withdrawal processes, I would urge anyone—myself included—to verify requirements thoroughly, proceed conservatively, and avoid depositing significant funds before clarifying their process in writing. This cautious approach helps protect against potential issues due to the broker's unclear and unofficial procedures.

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