WikiFX

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Based on my experience and an in-depth review of TopstepFX, it's essential to tread carefully, particularly when it comes to withdrawals. TopstepFX currently operates without any formal regulatory oversight, which inherently increases risk and means processes can be less transparent compared to regulated firms. I was unable to find any clear, published information about the exact documents required for initial withdrawals – there’s no mention of deposit or withdrawal procedures at all, which is concerning and somewhat unusual for a financial service provider. In my own cautious approach, when dealing with any unregulated broker (such as TopstepFX), I prepare all standard verification documents in advance: typically including proof of identity (like a government-issued ID), proof of address (such as a recent utility bill or bank statement), and potentially copies of the bank account or payment method used for transactions. However, because TopstepFX’s withdrawal requirements are not explicitly disclosed, I advise anyone considering trading or withdrawing funds to proactively contact their customer support before funding an account. For me, the absence of clear guidance, combined with the firm's unregulated status, means I would always confirm withdrawal policies and required documentation directly with their support team in writing, and keep records of all correspondence. This due diligence is crucial to safeguarding your funds and ensuring you’re not caught off guard by unexpected compliance or identification hurdles.