WikiFX

Reply

As an experienced forex trader who approaches every broker with a critical eye, I always pay close attention to how efficiently and securely withdrawals are handled. With Upbest, the situation raises some concerns for me. While the broker is regulated in Hong Kong for futures contracts and has an established business presence, my own evaluation leans on caution after reviewing both user experiences and the broader operational context. Unfortunately, there is no official or clearly stated information from Upbest regarding specific withdrawal timeframes to either bank accounts or e-wallets. This lack of transparency is something I treat as a red flag, since reliable brokers typically outline withdrawal processes and timelines clearly. Moreover, I noted a serious complaint from a user claiming their withdrawal led to suspected banking fraud and an unresolved freeze of their accounts—an alarming scenario that indicates possible risks in the withdrawal process, or at the very least, inconsistent client service. Given these factors, I personally would not make assumptions about how quickly funds will be processed or received when dealing with Upbest. In my experience, when a broker does not provide clear withdrawal timelines, and there is even a single report of serious issues, the best approach is to proceed with caution. I always prefer brokers that offer transparent, prompt processing (often 1–5 business days). In this case, I would carefully test with small amounts first, pay close attention to client feedback, and be prepared for potential delays or complications with Upbest.