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WikiFX
Broker
Classifiche
Regolatori
mohdfazlan
entro 1 anno

Which documents are usually needed to process my initial withdrawal from a VPS?

Broker Issues
VPS
Withdrawal
Deposit
01-13
Stati Uniti
WikiFX
Rispondi

From my professional experience navigating withdrawals with international brokers, I’ve learned a trader must be especially cautious when dealing with platforms like VPS, which, according to my investigation, is not regulated by any recognized financial authority. The lack of oversight puts the responsibility squarely on my shoulders to ensure all documents and processes are in order, as there is little external recourse if issues arise. For an initial withdrawal, brokers typically require several identification documents. In my own due diligence, I’ve always prepared a government-issued photo ID (such as a passport or national ID card), proof of address (like a recent utility bill or bank statement that clearly shows my name and address), and sometimes the same card or bank details used for deposit. While VPS’s specific requirements aren’t exhaustively listed, my rule is never to proceed without confirming what exactly is needed directly with customer support, which, in VPS’s case, can sometimes be less responsive during peak periods as echoed by other users. This is doubly important given the reported account access concerns from other traders. In short, my advice is to err on the side of caution—only provide documentation through official channels after verifying their legitimacy. Ultimately, because VPS is unregulated and poses higher risk, I am always meticulous with my documentation and am prepared for potential delays or extra requests. My overarching goal is always to keep my funds secure and my expectations realistic, given the risk profile.

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