WikiFX

Reply

Based on my careful assessment of Consilium’s profile, I would approach any interactions with this broker with particular caution. While Consilium claims a long operating history in South Africa and appears to hold a regulatory license from the FSCA, WikiFX clearly highlights multiple red flags: the license is flagged as “suspicious,” their business scope is questionable, and there are indications of a high potential risk associated with this broker. Notably, physical verification attempts found no office presence at their stated address—this alone is a significant warning sign for me as a trader seeking transparency. Given the very limited and vague information provided by Consilium concerning their account procedures or withdrawal policies, I have to acknowledge that I couldn't locate any detailed, official requirements for processing withdrawals. In my own experience, reputable brokers usually require standard identification documents such as a government-issued ID, proof of address, and possibly documents verifying the funding source for anti-money laundering purposes. However, due to Consilium’s opaque disclosures and the multiple credibility concerns presented, I cannot confirm their specific requirements with any certainty. If I were considering a withdrawal, I would exercise utmost caution, seek clear written instructions from official channels, and keep meticulous records of all correspondence, remaining aware of the elevated risk level associated with this broker.