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What is the smallest amount I’m allowed to withdraw from my Shenwan Hongyuan account in a single transaction?

Broker Issues
Shenwan Hongyuan
Withdrawal
Deposit
07-13
United States
WikiFX
Reply

From my experience trading with Shenwan Hongyuan, I’ve found that the platform is generally precise when outlining its transaction procedures, especially for deposits and withdrawals. However, when it comes to the minimum withdrawal amount for a single transaction, their publicly available materials do not explicitly set a minimum threshold. In my case, withdrawal transactions have always followed a process that requires completing and sending a withdrawal form, with all requests received before noon being processed the same day. Practically, the key restrictions mainly relate to compliance: the withdrawal must match the account holder’s name, and third-party or cash withdrawals are not accepted. Also, telegraphic withdrawals may have additional service fees. While I have not personally encountered a specified minimum, I would recommend caution—there could be practical lower limits imposed by bank transfer fees or administrative costs, even if the broker itself does not set a specific minimum. For safety and clarity, it's always prudent to verify directly with Shenwan Hongyuan’s customer support, as procedures can change and specific account agreements may vary. This approach ensures my trading funds remain accessible and compliant with all platform and regulatory policies.

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