WikiFX

Sagot

Based on my experience with regulated brokers like GF Futures, I’ve come to expect a fairly standard identity verification process, particularly for the first withdrawal. GF Futures, being licensed in both China (CFFEX) and Hong Kong (SFC), operates under strict regulatory frameworks that emphasize Know Your Customer (KYC) and anti-money laundering controls. Typically, what I have had to provide includes government-issued photo identification—such as a passport or identity card—to verify my identity. Proof of address, like a recent utility bill or bank statement reflecting my current residential address, is also generally required. These documents are standard in my experience to make sure withdrawals are processed securely and money is transferred to the correct account holder. Occasionally, depending on the broker’s policies and evolving regulations, the compliance team might request additional documentation to confirm ownership of the bank account being used for withdrawal. This could mean a copy of a recent bank statement or a document from my financial institution showing both my name and the account number. The main priority for me is ensuring that all documents I provide are clear, current, and legitimate, as any discrepancies or expired documents can delay the process. Ultimately, my approach is to be prepared for a thorough verification as part of responsible trading with regulated brokers.