WikiFX

Sagot

In my personal experience and research into CMB, the withdrawal process isn’t as straightforward or rapid as with some forex brokers I’ve used. CMB is a Hong Kong-based financial institution with SFC regulation, which does provide a baseline of oversight and professionalism. Withdrawals here typically require submitting a “Fund Withdrawal Instruction Form” via their internet trading system, post, fax, or email. From my understanding, once CMB verifies your request, the withdrawal should be processed on the next business day if submitted during trading hours, but actual receipt in your bank account might take a bit longer depending on your bank’s processing speed. However, I would be cautious—there are several user reports mentioning serious withdrawal difficulties, including delayed or blocked access to funds, with some users citing various excuses from CMB when delays occurred. These issues, even if isolated, are a red flag for me. So, I personally would not expect instant withdrawals; I would budget at least a few days to a week for the funds to fully clear into your account, and I’d advise being prepared for possible additional delays. Given the stakes, it’s crucial to start with small amounts, keep detailed records, and always confirm with customer service if you’re unsure about the timeline.