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Does Billionext apply any charges when depositing or withdrawing funds?

Broker Issues
Billionext
Deposit
Withdrawal
06-14
United States
WikiFX
Reply

From my in-depth experience as a trader, what stands out most about Billionext is not the fee structure, but the far more critical issue: the consistent and credible reports that withdrawals simply cannot be made at all. Across multiple user experiences, there’s a recurring problem—whether attempting to cash out profits, initial capital, or even attempting to move balances exchanged by the platform into a proprietary currency (IUSD), users have been blocked from actually accessing their funds. Because of this, the question of whether Billionext applies charges on deposits or withdrawals becomes secondary. The practical inability to withdraw funds, combined with a complete lack of valid regulatory oversight and concerning business practices like abrupt platform changes, fundamentally overshadows any potential discussion of transaction fees. Even if there were stated charges, the inability to actually withdraw renders such fees irrelevant in practice, and there are widespread reports of non-existent or unreachable customer support. For me, the inability to reliably access funds is a red flag that greatly outweighs any routine concern over costs. In the interest of caution and financial safety, I would never recommend trading with a broker exhibiting these serious withdrawal issues, regardless of what their fee schedule might claim. With Billionext, the real risk is not the charges, but the apparent loss of access to your own money.

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