WikiFX

Reply

As someone who values reliable and transparent funding methods when choosing a broker, I've looked carefully into LUKFOOK's deposit and withdrawal options. In my experience, their funding methods are fairly traditional as they focus on established banking channels rather than e-wallets or digital currencies. Specifically, LUKFOOK accepts bank transfers, cheque deposits, telegraphic transfers—which include transactions via bank counters, ATMs, and cheque deposit machines—as well as transfers through Hong Kong’s Faster Payment System (FPS). For me, this means a certain level of security due to the involvement of recognized banks. However, LUKFOOK does not support popular online payment options like credit cards, PayPal, Skrill, or cryptocurrencies. This is something I always consider as these digital wallets and cards can offer added flexibility and speed. The absence of these options may not suit everyone, particularly if you’re looking to move funds quickly or prefer digital-first solutions. For withdrawals, the available methods are cheque withdrawal (in HKD), CHATS, and remittance. Having used such traditional channels before, I know they can be dependable, but they may not always be the fastest, especially if you’re banking internationally. Overall, while the traditional methods LUKFOOK offers can be trusted for their security and regulatory oversight, the lack of modern digital and card-based deposit methods is a significant limitation in my view, and traders should ensure these fit their own preferences before committing funds.