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Does Bendix FX charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
FFG Securities
Fees and Spreads
01-17
Estados Unidos
WikiFX
Sagot

As an experienced forex trader, I believe that transparency around deposits and withdrawals is critical for building trust with any broker. With Bendix FX, I noticed from my research that the broker only appears to support wire transfers for both funding and withdrawing from trading accounts. However, I could not find any clear or detailed disclosures about deposit or withdrawal fees on their official website or in the public information available. This lack of explicit information is concerning for me, especially because wire transfers often incur both sending and receiving bank fees, and in my experience, some brokers add their own service charges or processing fees. Given that Bendix FX operates without valid regulatory oversight, as highlighted by their suspicious regulatory license and high potential risk warnings, I personally approach such gaps in fee transparency with extra caution. In the absence of regulatory requirements tying them to fair disclosure, there's a heightened risk that undisclosed or surprise fees could occur during transactions. For my own trading, I prioritize brokers who provide full, upfront information on all transaction costs so I can properly evaluate the overall cost of trading. I would urge any trader considering Bendix FX to carefully seek clarification directly from the broker and request written confirmation about all deposit and withdrawal-related fees before sending any funds. For me, insufficient disclosure—paired with a lack of regulation—makes it impossible to confidently rule out the possibility of hidden or undisclosed charges with Bendix FX.

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