logo |

News

    Home   >     Industry    >     Main body

    Having Withdrawal Issues? Tips on Identifying Related Scams

    Abstract: Withdrawal issues frequently occur in the complicated forex market

      Withdrawal issues frequently occur in the complicated forex market. But many traders are unable to judge whether the one they encountered is solely a delay or a scam. In this paper, WikiFX will introduce some practical knowledge about withdrawals.

      WikiFX, a forex broker info search tool, is popular among global senior investors! If youre interested, please visit https://bit.ly/2XhbYt5.

       1. Normal process

      Popular methods to withdraw funds include credit transfer, bank transfer and wire transfer. While the first two ways are interest-free, wire transfer will charge you some fees.

      Bank transfer enables traders to receive their funds within one day at the earliest, while credit transfer and wire transfer will take three to four days at the latest. With that said, your funds may be at risk if cannot be withdrawn within one week.

      2. Excuses for delayed withdrawals

      Common types of withdrawal failures:

      a). Delaying clients' fund withdrawals with various excuses

      b). Setting limits on the amount of withdrawals and number of transfers

      c). Paying in the form of cryptocurrencies instead

      d). Requiring additional fees

      Here are a few examples of such undue delay:

      EIGENFX claimed that it had suspended all deposit and withdrawal requests in order to cooperate with the investigation of the regulator.

      MCFX and SCEID claimed that the payment channel had been blocked due to senior-level incidents.

      Similar excuses include server upgrades, the large volume of withdrawal applications, etc. Once these withdrawal issues are not well handled within one week, traders should report to the police and take rights-defending actions.

    分析-01.14.png

    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.