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Pushpender Sharma
Within 1 year

Does CLC impose any charges when you deposit funds or withdraw money?

Broker Issues
CLC
Withdrawal
Deposit
03-22
United States
WikiFX
Reply

Drawing on my own approach as an independent trader, I am always alert to any trading costs, especially those related to deposits and withdrawals. In the case of CLC, I couldn't find clear, specific information regarding deposit or withdrawal fees. The broker outlines their deposit process, including processing times based on different amounts and the necessity of certain verifications, but there is no explicit mention of charges for deposits or withdrawals themselves. This lack of fee transparency is significant for me; I know that even regulated entities can impose processing, handling, or even third-party banking fees, and I do not make assumptions when such details are missing. What also gives me pause is the series of user complaints about withdrawal difficulties and the suggestion of investigation by local authorities. While none of this definitively proves hidden fees, it does reinforce my cautious stance. In my practice, I would reach out directly to the broker’s support and request written clarification on all potential funding costs before considering an account. In an industry where even small, undisclosed fees can add up or mask deeper issues, I never proceed without full transparency. For me, this is essential for both prudent risk management and peace of mind.

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