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Which deposit and withdrawal payment options are available with CLC, such as credit cards, PayPal, Skrill, or cryptocurrencies?

Broker Issues
CLC
Withdrawal
Deposit
02-07
United States
WikiFX
Reply

In my experience as a trader evaluating CLC, I found that the available deposit and withdrawal options are relatively limited and traditional. According to the detailed information I reviewed, CLC primarily processes client deposits via transfers into their beneficiary bank, which is China Construction Bank (Asia) Corporation Limited. The process requires clients to notify CLC of the deposit and provide transaction proof before funds are credited to their securities account. I did not find references to support the availability of alternative online payment methods such as credit cards, PayPal, Skrill, or cryptocurrencies. For me, the absence of modern electronic payment solutions is a significant consideration. It can impact both the convenience and the speed at which funds move in and out of trading accounts. Additionally, the deposit process described involves traditional banking steps, and in the case of cheque deposits, there's an extra waiting period for cheque clearance. Withdrawals were mentioned only in the context of client complaints, some of which reported serious issues accessing funds. Given these user allegations and the lack of clear, transparent details about the withdrawal process or supported payment options, I would recommend approaching any funding of an account with special caution. Personally, I always look for brokers who clearly disclose all payment options and have a straightforward withdrawal process, as this is crucial for protecting my capital and peace of mind.

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