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Does ARGUS charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
ARGUS
Fees and Spreads
07-09
United States
WikiFX
Reply

As an experienced trader, I am always vigilant about potential hidden charges, especially when it comes to deposits and withdrawals. Reviewing the information on ARGUS, while I did not find concrete, published evidence of specific undisclosed fees for these transactions, I noticed repeated user reports describing troubling withdrawal practices. Several clients reported difficulties accessing their funds, being asked for unexpected “15% margin” or personal income tax payments before being allowed to withdraw, and experiencing changes to withdrawal details such as bank card numbers. One user even mentioned that their account was locked until a large tax payment was made to a personal account—not a standard practice for regulated brokers. From my perspective, these red flags greatly overshadow any official fee schedule, since the most severe concern is whether funds can be accessed easily and transparently. Even though ARGUS is regulated by CYSEC, these repeated user complaints suggest that traders may encounter unexpected requests for extra payments, effectively acting as hidden barriers to withdrawal. Given these reports, I would urge prospective clients to exercise significant caution. For me, transparency and withdrawal reliability are non-negotiable, and any pattern of unclear or potentially exploitative fees—even if not officially listed—represents a high risk to my capital.

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