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What documents do I need to provide in order to process my initial withdrawal from Bendix FX?

Broker Issues
FFG Securities
Withdrawal
Deposit
04-02
United States
WikiFX
Reply

As someone who has traded with various brokers, I always make it a point to carefully evaluate withdrawal processes, especially with brokers like Bendix FX. Based on the available information, Bendix FX only supports deposits and withdrawals via wire transfers. In my experience, brokers typically require standard identification documents for the initial withdrawal to comply with anti-money laundering policies, even if no explicit list is published. This usually means you'll need a government-issued photo ID (such as a passport or driver’s license) and a document proving your address—commonly a utility bill or bank statement dated within the last three months. The conservative approach I always recommend is to prepare these documents in advance. However, I must stress my concern due to Bendix FX’s lack of regulatory oversight. The WikiFX data highlights that they operate without valid regulatory information, and that there are warning labels about high risk, suspicious licenses, and even instances where their physical office couldn't be located. From my perspective, this raises significant questions regarding the overall reliability of their operations and, more specifically, the safety and transparency of their withdrawal process. For my own protection, I would try to confirm directly with their customer support which documents are needed before making any deposits or attempting withdrawals. If prompt, transparent responses and clear requirements aren’t provided, I would reevaluate my decision to trade with Bendix FX, leaning heavily on caution with any unregulated entity.

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