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Ahmed Harb
Within 1 year

Which documents do I generally need to provide in order to make my initial withdrawal from SK?

Broker Issues
SK
Withdrawal
Deposit
01-30
United States
WikiFX
Reply

In my trading experience, when dealing with brokers like SK, especially those that operate without formal regulation, verifying the requirements for withdrawals becomes critically important. While SK offers a range of financial services and has a long-standing presence in South Korea, the absence of regulatory oversight means there is less industry-standard transparency around their withdrawal procedures. That being said, in the broader context of financial firms—especially those providing brokerage and asset management—it's typical to expect to provide official identification documents. These usually include a government-issued photo ID (such as a passport or driver's license) and, often, proof of address, like a recent utility bill or bank statement. The reason behind this is twofold: anti-money laundering compliance and verifying the legitimacy of the account holder for both security and legal purposes. However, since SK does not provide detailed public information about its trading conditions or withdrawal processes, I always advise ensuring you have these documents prepared before attempting your first withdrawal. Personally, I am extra cautious with brokers lacking regulation and would reach out directly to customer support—in SK's case, via their posted phone number—to confirm the exact documentation required. Being thorough upfront helps minimize delays and protects your funds, especially with non-regulated entities. For me, maintaining vigilance and clear documentation has always been essential for safer trading and withdrawals, particularly when transparency is limited.

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