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Does DONGXING FUTURES apply any fees when you deposit or withdraw funds from your account?

Broker Issues
DONGXING FUTURES
Withdrawal
Deposit
04-05
United States
WikiFX
Reply

Based on my experience carefully examining DONGXING FUTURES’ withdrawal and deposit procedures, I want to emphasize the importance of reviewing a broker’s fee structure before committing funds. According to the information available, DONGXING FUTURES accepts payments via bank wire, and there is no explicit mention of deposit fees. However, the withdrawal process has notable points of caution. When withdrawing funds, the system freezes a handling fee and any other applicable fees before settling the day’s transactions. Furthermore, only 90% of available funds can be withdrawn on the day of the request, with the remainder accessible the following day. In my view, this approach is less convenient than what I’m accustomed to with global brokers, where there’s more clarity and immediate access to total balances. The withholding of a portion of funds, combined with the unspecified "handling fee," makes it essential for traders to clarify the specific amounts and terms with customer support before initiating large or frequent transactions. Given that there are also reports of withdrawal delays and communication issues, I urge anyone considering DONGXING FUTURES to proceed with caution, verify all costs in writing, and avoid assuming that processes will mirror those of more transparent, internationally active brokers. Responsible risk assessment is especially crucial in this case.

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