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Phoebe Yao
Within 1 year

Does Maven charge any fees when you make deposits or withdrawals?

Broker Issues
Maven
Withdrawal
Deposit
02-02
United States
WikiFX
Reply

Based on my own due diligence as a trader, when I researched Maven, I found a number of concerns that caused me to look elsewhere. In regards to deposit and withdrawal fees specifically, I was unable to find any clear or detailed information about their policy from their official sources. For me, this lack of transparency around such a basic aspect of trading is a red flag, especially since costs associated with moving funds in and out of an account can directly affect trading profitability and security. What particularly worries me is Maven’s current regulatory situation: although the company claims a history of several years and links to the UK, their FCA license is listed as “exceeded,” meaning they no longer hold active, valid oversight. In my experience, when a broker is not under active regulation, fee structures and basic trader protections are often unclear or subject to abrupt change, which adds a significant risk when handling your funds. Given these circumstances, I exercise caution and avoid making assumptions about Maven’s deposit or withdrawal fee policy. Until the broker provides reliable, up-to-date information and restores valid regulatory status, I personally am not comfortable trusting them with my capital or expecting competitive, transparent fee policies.

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