WikiFX

Reply

Based on my research and experience evaluating brokers like KnightsbridgeFX, the usual timeframe for withdrawing funds depends on the chosen payment method. For KnightsbridgeFX, same-day transfers are typically available for bill payments and electronic funds transfers (EFT), while wire transfers may also arrive the same day or, in some cases, take up to one business day. However, it’s essential to recognize that KnightsbridgeFX is not a regulated financial service provider; there is no oversight from Canadian financial authorities such as IIROC or provincial regulators. This lack of regulation introduces higher risk compared to working with licensed brokers, so I always approach the withdrawal process with added caution. In practice, actual processing speeds can be affected by several factors outside KnightsbridgeFX’s control, such as receiving bank policies or intermediary fees. I would not rely on guaranteed same-day delivery. In my experience, it’s wise to allow extra time—at least one full business day—to ensure the transfer is completed, even when the broker advertises same-day processing. I have not seen e-wallet withdrawal options clearly mentioned, and I would clarify this with customer support before initiating a transaction. Given the broker’s unregulated status and high minimum exchange amount, I am particularly careful to document all communications and confirm receipt of funds before making further commitments.