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Vladimir
Within 1 year

Does Shenzhou Capital charge any undisclosed fees when making deposits or withdrawals?

Broker Issues
Shenzhou Capital
Fees and Spreads
07-31
United States
WikiFX
Reply

From my personal review of Shenzhou Capital, I want to emphasize that the broker’s transparency around fees, specifically for deposits and withdrawals, is unclear based on the information I've found. While Shenzhou Capital lists its accepted deposit methods—such as Skrill, BTC, and USDT—and specifies minimum deposits for various account types, critical details regarding withdrawal methods and associated charges are conspicuously missing. As a trader who takes regulatory and operational transparency very seriously, this omission is troubling. The absence of clear withdrawal information—combined with high minimum deposits and the broker’s lack of valid regulatory oversight—raises precautionary flags for me. In my trading journey, reputable brokers typically make all transactional fees explicit from the outset, especially in areas as sensitive as money transfers. When this information is not provided, I personally err on the side of caution and assume that there could be hidden or undisclosed costs involved. This stance is based not just on risk management, but also on my experience that non-transparent brokers often surprise clients with fees when trying to withdraw funds. For my own capital protection and peace of mind, I equate missing fee information with higher risk and would be very cautious before making any deposit with Shenzhou Capital, until their full fee structure is clearly disclosed and consistently updated.

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