WikiFX

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Based on my experience as a forex trader, I approach any broker lacking valid regulation, such as IFA, with heightened caution—especially regarding withdrawals. Even though the available information does not list specific requirements for withdrawal documentation, industry practice typically includes providing proof of identity (like a government-issued ID), proof of address (such as a recent utility bill or bank statement), and sometimes the source of funds documentation. These measures help combat fraud, comply with anti-money laundering regulations, and verify account ownership. Given that IFA operates without oversight from a recognized regulator and carries warnings about suspicious practices and high risk, I am extra vigilant. In such situations, it’s crucial for me to independently confirm documentation policies before depositing or attempting a withdrawal. I would contact their customer support (via email or phone, as listed on their site) to get official, up-to-date requirements and to assess their responsiveness. If I ever feel that requirements are unclear or excessively burdensome, or if support is unhelpful, that raises further red flags for me and may warrant reconsidering trading or holding funds with the broker at all. Trust and transparency matter greatly, especially with unregulated entities.