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Five8
1-2 years

Does Mad Gain apply any charges when you deposit or withdraw funds?

Broker Issues
Mad Gain
Withdrawal
Deposit
07-31
United States
WikiFX
Reply

From my experience reviewing Mad Gain, I found no explicit, transparent information regarding deposit or withdrawal charges provided by the broker. As a trader who prioritizes transparency and financial security, I find this lack of clear disclosure a point of concern. In the forex industry, reputable brokers typically outline their fee structures clearly, as this is fundamental for making responsible trading decisions and managing costs. Given that Mad Gain is a relatively new broker, with only 1–2 years of operational history and a medium risk designation flagged for a “suspicious scope of business,” this omission is even more significant for me. The regulatory profile states they are registered with FinCEN in the United States, but effective investor protections or fee-related compliance isn’t outlined in depth. In my approach, unless a broker states its deposit and withdrawal policies explicitly, I adopt a cautious stance: I always assume there may be hidden charges or procedural obstacles until proven otherwise. For anyone considering trading with Mad Gain, I would recommend reaching out directly to their support team for written clarification on all transaction fees. Without concrete information, committing significant funds is, in my opinion, risky. Responsible trading means understanding every potential cost upfront—especially with newer brokers whose business practices have yet to stand the test of time.

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