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What is the usual processing time for withdrawing funds from KODDPA to a bank account or e-wallet?

Broker Issues
KODDPA
Deposit
Withdrawal
02-17
United States
WikiFX
Reply

As an experienced forex trader, I rely not only on regulatory information but also on the personal stories and reported user outcomes when evaluating brokers. With KODDPA, my research and due diligence have raised numerous red flags, especially regarding withdrawals. Throughout multiple independent user reports, a clear and concerning pattern emerges—clients have been unable to withdraw funds, with explanations from KODDPA ranging from alleged website “hacking” to demands for additional payments or taxes before processing any withdrawal. In my professional judgment, this kind of behavior signals a significant departure from industry norms, where withdrawal requests with reputable brokers are straightforward and processed within a stated timeframe—usually 1-5 business days. Unfortunately, with KODDPA, I have not found any verifiable evidence that legitimate withdrawals are processed at all, let alone in a predictable time frame. Numerous victims recount experiences of losing their deposits entirely, where withdrawals are indefinitely delayed or outright denied. For me, this type of risk is unacceptable. When a broker cannot demonstrate a reliable, secure, and transparent withdrawal process, especially in the presence of persistent complaints and loss reports, I would strongly advise extreme caution. In my view, based on all available evidence, traders should not expect any successful withdrawal from KODDPA—there is no usual processing time because, according to consistent user experiences, withdrawals appear to be systematically blocked.

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