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Nagarjuna
Within 1 year

Does BOT charge any undisclosed fees when you make deposits or withdrawals?

Broker Issues
BOT
Fees and Spreads
07-02
United States
WikiFX
Reply

As an experienced forex trader who conducts thorough due diligence before entrusting any broker with my funds, I need to be extremely careful with platforms like BOT. Based on my careful review of the available information, I could not find any clear, official disclosure concerning deposit or withdrawal fees from BOT. In my experience, the absence of transparent fee structures is always a red flag. Transparency is a hallmark of reputable brokers, especially regarding costs that impact traders’ capital directly. Moreover, what really concerned me is reading multiple user reports indicating serious withdrawal issues. Several users stated that after depositing money, they either could not access their funds or saw their investments disappear entirely. Some called out the platform and related bots as outright scams. These experiences suggest a potentially high risk not only of hidden fees but, much more importantly, of losing access to your money altogether. As there is no evidence of regulation or external oversight, there is no clear dispute resolution or investor protection either. Given these circumstances, for me, the lack of clarity around fees becomes a secondary issue compared to the more fundamental questions of safety and trust. I would never consider depositing with a broker where both fee transparency and fund security are questionable. For anyone considering BOT, my advice is to exercise maximum caution and prioritize brokers with verified regulatory status and consistent, positive user feedback regarding deposits and withdrawals.

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