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What kinds of documents do I need to provide in order to process my initial withdrawal with Sierra Futures?

Broker Issues
Sierra Futures
Deposit
Withdrawal
02-17
United States
WikiFX
Reply

Based on my experience as a trader, and after reviewing what Sierra Futures requires from clients, I would approach an initial withdrawal with particular care, especially because the broker operates without regulatory oversight. Although the specific withdrawal documentation process is not detailed, I know from industry norms that unregulated brokerages—particularly those classed as “suspicious clones”—may ask for extensive verification. This typically includes providing government-issued photo identification, proof of residential address (like a utility bill or bank statement dated within the last three months), and possibly documentation related to your deposit method—such as copies of the front side of your payment card (with sensitive information concealed) or a screenshot of your PayPal account if that was the method used. Given the inherent risks with unregulated entities, I am always conservative in sharing personal and financial data and would recommend ensuring all documents are securely sent. I would also be cautious if asked for unusual or excessive information compared to other more regulated brokers. In practice, clear communication with their customer support—keeping in mind that some users have reported difficulties reaching Sierra Futures—may be necessary to clarify exactly which documents are required and confirm the secure channel for submission, particularly before transferring significant funds. In my judgment, extra vigilance is warranted at all steps.

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