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Moshiheya
1-2 years

How much do you need to deposit at a minimum to start a live trading account with Eddid?

Broker Issues
Eddid
Withdrawal
Deposit
09-06
United States
WikiFX
Reply

In my experience evaluating Eddid, a key challenge is the lack of clear, transparent information regarding minimum deposit requirements for opening a live trading account. Despite Eddid offering various account types and funding methods such as wire transfer and ACAT transfers, the available details do not specify an exact minimum deposit amount. This absence of such crucial information raises concerns for me as a trader, particularly since Eddid operates without regulatory oversight and has a record of user complaints regarding withdrawals and unexpected fees. For me, a broker’s transparency about basic requirements like minimum deposit is a critical component of trustworthiness. The fact that I was unable to find such specifics after thoroughly reviewing their official materials would make me pause before committing any funds. In addition, the exposure reports from other users referencing questionable deposit-related practices reinforce my conservative stance: I simply could not risk engaging with a broker where something as fundamental as the minimum account deposit is not disclosed up front. My best advice, based on professional caution and experience, is to consider these gaps in transparency and make sure to obtain clear, documented answers from any broker before transferring your funds, especially when dealing with unregulated entities like Eddid.

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