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Ahmed Harb
1-2 years

Does ETC apply any charges when you deposit or withdraw funds?

Broker Issues
ETC
Deposit
Withdrawal
09-05
United States
WikiFX
Reply

In my review of ETC, I could not find any clear information about deposit or withdrawal charges. As an experienced trader, this absence of transparency is a significant concern for me. Knowing the costs associated with moving funds in and out of a trading account is a basic requirement before I commit capital or recommend a broker to others. Reliable brokers typically publish their fee structures openly, allowing traders to make fully informed decisions. With ETC, not only is there a lack of regulatory oversight—which already places me on alert due to the increased risk—but there’s also limited available detail about fees, trading platforms, or even whether they support typical forex instruments, as they seem to focus mainly on electricity market derivatives and not on forex, commodities, or stocks. In my professional experience, these gaps suggest caution. Without verified and accessible information about operational charges, I can’t rule out the possibility of hidden fees. For my trading capital and financial security, I need complete clarity on all transaction costs before even considering an account, especially with an unregulated entity. Therefore, I would not proceed without direct confirmation from their support team and would remain extremely cautious.

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