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Arnold Joseph
Within 1 year

Does Forex Limited impose any charges on deposits or withdrawals?

Broker Issues
Forex Limited
Withdrawal
Deposit
06-02
United States
WikiFX
Reply

Based on my careful review of Forex Limited's available information and my own practical approach when evaluating brokers, I must state that clear details regarding deposit and withdrawal fees are noticeably lacking. For me, this raises an immediate caution flag—transparent fee structures are fundamental to assessing real trading costs. Several negative user experiences specifically mention issues with withdrawals, including reports of prolonged processing times, surprise charges, and demands for additional payments (such as alleged “personal tax”) before funds are released. Although these claims cannot be independently verified, responsible traders should always be alarmed whenever extra fees or procedural hurdles are attached to withdrawals after profits have been made. From my perspective, the absence of straightforward, published information about deposit and withdrawal charges is itself a considerable risk. I always advise others to only deposit via clearly explained channels and never to proceed when fee schedules are ambiguous. In my professional experience, a reputable broker provides upfront disclosure of all costs, and any ambiguity can disguise hidden or unjustified charges. Therefore, before considering real-money trading with Forex Limited, I would seek written confirmation about every possible fee—not only for my peace of mind but to protect my capital. For me, a lack of clarity and the volume of negative withdrawal reports are enough to exclude Forex Limited from my shortlist, especially as there are brokers who make such policies public and predictable.

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