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Mohammed Mazhar
Within 1 year

Does CITIC Futures apply any fees when you deposit or withdraw funds?

Broker Issues
CITIC Futures
Withdrawal
Deposit
08-05
United States
WikiFX
Reply

As someone who takes the cost structure of brokers very seriously in my trading decisions, I carefully assessed the available information on CITIC Futures’ fees. While the raw details from the WikiFX context make it clear that CITIC Futures is well-regulated in both China and Hong Kong, with licensing under the China Financial Futures Exchange (CFFEX), the specific breakdown of deposit or withdrawal fees is not explicitly published on the summary page I reviewed. Instead, it’s stated that there are “various fees charged” and that fee levels differ depending on the product and exchange. The review explicitly recommends checking the official website for up-to-date and accurate fee tables. In my experience, transparency about transaction fees—especially for deposits and withdrawals—is crucial for building trust, and I always advise verifying these costs before opening an account. Although the context does mention some user concerns around fund withdrawals at one agent location, there’s no direct evidence of systematic withdrawal or deposit fee issues across the company as a whole. Given that CITIC Futures is tightly overseen by recognized regulators, and offers multiple customer service channels, I personally would consider it reasonably prudent to contact their official support directly for clarification on any specific transaction charges before proceeding. For me, making decisions based on official and up-to-date information from the broker is the safest approach.

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