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S jonas
1-2 years

Does Tracom charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
Tracom
Fees and Spreads
08-07
United States
WikiFX
Reply

Based on my careful review of Tracom’s available information, I found no explicit mention of deposit or withdrawal fees in the broker’s profile. However, there are a few factors that require a particularly cautious approach. The most important is the lack of valid regulation: Tracom operates without oversight from any recognized financial authority. In my experience, unregulated brokers can sometimes have less transparency when it comes to operational practices, including fee structures. This lack of oversight makes it difficult to independently verify whether hidden costs exist. Additionally, Tracom does not offer a demo account, limiting my ability to personally test its fee structure in a risk-free environment. The broker’s proprietary mobile app is the primary trading platform, but there’s no public documentation on transaction procedures or potential charges tied to funding or withdrawing accounts. As someone who values financial safety, I am very wary when full fee disclosures are missing, especially with institutions carrying a “high potential risk” label. When a broker doesn’t provide detailed, public information about its transaction costs, there is always the possibility of unanticipated charges when moving funds. In summary, with the present lack of regulation and transparency, I would exercise significant caution, assume that there may be undisclosed fees, and only proceed after obtaining explicit confirmation from Tracom’s customer support in writing before depositing any capital.

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