Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Imranali Khatri
Within 1 year

Does TorFX apply any charges when you deposit or withdraw funds?

Broker Issues
TorFX
Deposit
Withdrawal
02-17
United States
WikiFX
Reply

In my experience analyzing brokers, the absence of deposit and withdrawal fees can be a strong advantage, especially when it comes to international transfers. According to my own review of TorFX, their primary appeal is facilitating currency transfers with zero commission and no transfer fees. For me, this means they don't usually apply charges for sending or receiving funds, which is a clear benefit if you compare it to banks that generally charge around $50 per transfer. I appreciate this cost-effectiveness, particularly for personal or business clients needing to move money between countries. However, as an experienced trader, I’m always cautious, especially with platforms that handle large sums and cross-border transactions. It’s important to note that TorFX is regulated by ASIC in Australia, which lends some credibility. Still, community exposure on the platform reports concerns about fund withdrawals and additional margin requests, so I am attentive to both structure and user experience—not just advertised fees. For anyone considering TorFX, I recommend double-checking the terms specific to your transfer and staying alert to any notice of unexpected charges during the process. While their official policy suggests no deposit or withdrawal fee, I never assume a process is risk-free and always monitor for hidden costs or irregular practices.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com