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Franko Knavs
Within 1 year

Does MSB e-Trade charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
MSB e -Trade
Fees and Spreads
04-22
United States
WikiFX
Reply

In my own assessment as a long-time forex trader, I have to approach the matter of fees with MSB e-Trade with significant caution. I could not find any concrete or transparent information regarding their deposit or withdrawal fees, and that in itself is a concern for me. The absence of clear regulatory oversight and the fact that their business score is notably low makes it difficult to independently verify whether undisclosed charges may occur during money transfers. For me, transparency on all costs—including deposits and withdrawals—is a critical requirement before I place trust or funds with a broker. Without reliable regulatory backing or explicit, published fee structures, there is a heightened risk that potential unexpected fees could arise. That is why, for my personal standards of risk management and account safety, I consider it essential to avoid brokers where such information isn't readily available or where regulatory status is questionable. In these circumstances, I would not commit my own funds to MSB e-Trade until comprehensive, verifiable disclosures on all transaction-related charges are provided.

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