WikiFX

Reply

Based on my experience as a trader and the information available for Daicha Iconic Markets Ltd, I want to be completely transparent about the withdrawal process with this broker. The first and most important thing I noted is Daicha Iconic Markets Ltd operates without recognized regulatory oversight, which in my experience significantly increases risks around both deposits and withdrawals. Whenever I deal with unregulated brokers, I proceed with extra caution since standard protections may not apply, and experiences can vary drastically. While Daicha Iconic’s public details do not clearly specify the exact documents required for an initial withdrawal, in almost every case with forex brokers—even regulated ones—some form of identity verification is necessary. Typically, this would mean providing a government-issued ID, proof of address such as a utility bill or bank statement, and sometimes the payment method used for funding the account. However, given Daicha Iconic’s suspicious regulatory standing and user reports, I would not proceed unless I had direct confirmation of their policies from their support team, ideally in writing. Importantly, I have seen at least one serious complaint claiming denied profits and refused withdrawals. This sort of feedback, especially when the broker lacks credible oversight, makes me especially skeptical. For me, having clear responses from the broker before even considering a withdrawal—or a deposit—is essential, and I would recommend others approach with the same conservative mindset.