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Which documents do I need to provide in order to process my initial withdrawal from Krungthai?

Broker Issues
Krungthai
Deposit
Withdrawal
01-13
United States
WikiFX
Reply

As an experienced trader who values due diligence, I always prioritize understanding a broker’s operational transparency before committing funds or attempting a withdrawal. My review of Krungthai, based on publicly available information, leaves me concerned about the clarity and reliability of their withdrawal procedures. Krungthai is not a regulated entity, and their public disclosures do not specify which documents are required to process an initial withdrawal. In contrast, most reputable brokers clearly communicate necessary identification, such as government-issued photo ID and proof of address, to satisfy anti-money laundering requirements. With Krungthai, the absence of clear guidelines on withdrawal documentation—alongside their lack of regulatory oversight—introduces significant uncertainty and potential risk for me as a client. I’m unable to confirm the precise set of documents needed, since their information on deposits and withdrawals is minimal and non-specific. For any trader considering this platform, I would advise proceeding with utmost caution and seeking direct confirmation from their official support channels before transferring funds. My own standard practice under such unclear conditions is to avoid committing capital until transparency and security around withdrawals can be verified to my satisfaction.

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