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ryad22
Within 1 year

Does OSL impose any charges for depositing funds or withdrawing money?

Broker Issues
OSL
Withdrawal
Deposit
07-05
United States
WikiFX
Reply

From my review of OSL, I found that the platform offers two main ways to fund an account: online transfer via mobile or internet banking, and bank deposits using a cross cheque made payable to Oriental Securities (Pvt.) Ltd. Client Account. However, OSL’s disclosures don’t specify any details or fee schedules regarding deposit or withdrawal charges. As an experienced trader, this lack of clear information is a red flag for me. Transparency around funding costs is vital, and I have learned over the years that hidden charges or unclear terms can erode profitability and create serious frustrations, especially when moving money in and out of the platform. For me, the absence of explicit statements about deposit or withdrawal fees means I must assume that unexpected costs might exist, as unregulated brokers sometimes change their terms without notice. Until OSL clearly lists their funding fees and policies, I would exercise caution and recommend that any potential client directly contacts their support for written confirmation of all costs before sending any funds. Personally, I avoid platforms that do not proactively disclose every relevant fee, because full transparency is a cornerstone of trust and investor protection, especially with firms operating outside recognized regulatory jurisdictions.

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