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What is the smallest sum I’m allowed to withdraw from my First Shanghai account in a single transaction?

Broker Issues
First Shanghai
Deposit
Withdrawal
01-11
United States
WikiFX
Reply

In reviewing First Shanghai as a regulated broker in Hong Kong, I looked specifically for transparency regarding withdrawals, including minimum withdrawal amounts. Based on my examination of their official information, there is a notable lack of published details about specific withdrawal terms such as minimum transaction sizes. This absence of clearly stated policies means that, as a trader, I would be cautious and reach out directly to their customer support before making any assumptions about withdrawals. The fact that First Shanghai is regulated by the Hong Kong Securities and Futures Commission (SFC) provides some reassurance regarding overall business integrity. However, the absence of explicit withdrawal guidance is not ideal for someone like me who values clarity on all operational terms. Personally, I consider such transparency an important criterion before committing significant funds to any brokerage. I would recommend anyone considering First Shanghai ensure they receive a clear, written explanation of all withdrawal-related terms—especially minimum amounts—directly from the broker’s support channels to avoid surprises. This careful approach aligns with my general trading risk management principles.

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