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Broker
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Tom Rossito - Toronto
Within 1 year

Does MUFG impose any charges when you deposit or withdraw funds?

Broker Issues
MUFG
Withdrawal
Deposit
07-01
United States
WikiFX
Reply

In my time evaluating MUFG as a forex broker, I’ve learned that understanding the cost structure for deposits and withdrawals is vital for effective financial planning. Based on my review of the available data, I did not find specific, clearly stated information regarding direct fees for deposits or withdrawals associated with MUFG’s trading accounts. This absence of transparent detail raises a cautionary flag for me as a trader, since knowing the exact cost implications upfront helps avoid surprises later on. The broker’s long-standing history and regulation under established authorities like the FCA and LFSA do offer some reassurance about its legitimacy. However, I noticed user complaints mentioning withdrawal difficulties, which further underscores the need for caution before engaging significant capital. In my experience, reputable brokers typically present their funding policies—including any potential fees—clearly on their platforms or through customer support, but I did not see direct contact channels prominently advertised with MUFG. Given these factors, I would proceed cautiously, making sure to request written clarification about all deposit and withdrawal charges directly from the broker before proceeding. This approach helps ensure I can properly factor in the total cost of trading and, more importantly, safeguard my funds.

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