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Based on my experience trading with Shenwan Hongyuan and brokers of similar regulatory backgrounds, I have had to approach my first withdrawal with utmost diligence. Shenwan Hongyuan is regulated by the Securities and Futures Commission (SFC) in Hong Kong, which means they typically adhere to strict compliance procedures to prevent fraud and money laundering. For my first withdrawal, I was required to provide a completed withdrawal form—this must be accurately filled out and faxed to the specified number. Importantly, the name on my deposit method had to match the name on my Shenwan Hongyuan account, as third-party and cash deposits are strictly not accepted due to compliance rules. To confirm the source of funds and fulfill Know Your Customer (KYC) regulations, I needed to ensure that my account had been previously verified using proof of identity (such as a passport or government-issued ID) and proof of address (like a recent utility bill or bank statement). After depositing, I also had to email or fax the bank-in slip as proof of payment. In my case, Shenwan Hongyuan requested these supporting documents to assist in linking withdrawals directly to my verified bank account and to avoid any regulatory complications. In my cautious view, I recommend having your identification documents, proof of address, and bank-in/deposit slips ready when processing your first withdrawal. It’s also critical to double-check with their customer support since missing or mismatched documentation can delay the withdrawal process or potentially freeze funds, as some user reports indicate. Staying proactive and organized with required documents can reduce stress and help ensure regulatory compliance when withdrawing for the first time.