WikiFX

Sagot

As an experienced trader, one of my primary concerns when evaluating a broker is the transparency and convenience of their funding and withdrawal options. Based on my thorough review of ZHONGYANG, I found that this broker only allows deposits via traditional bank transfers. Specifically, clients are instructed to transfer funds directly to a designated bank account held at Bank of China (Hong Kong) Limited. After completing the transfer, clients have to provide a deposit certificate, and the broker follows up with a verification call. For withdrawals, ZHONGYANG requires clients to submit a withdrawal request either through a phone call, by sending an email using their registered address, or by faxing or emailing a completed withdrawal form. Again, withdrawals are processed only to accounts in the client's own name—third-party transfers are not accepted. Notably, alternative funding methods such as credit cards, PayPal, Skrill, or cryptocurrencies are not offered. Personally, I find the sole reliance on bank transfers quite limiting compared to brokers that offer multiple payment channels. This limitation, coupled with the manual verification steps, suggests slower processing times and potential inconvenience. I recommend any trader to be cautious, double-check all transaction details, and ensure they are comfortable with the absence of widely used, more flexible payment platforms before proceeding with ZHONGYANG.