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What is the usual processing time for a withdrawal from MFG to either a bank account or an e-wallet?

Broker Issues
MFG
Withdrawal
Deposit
02-13
Estados Unidos
WikiFX
Sagot

Based on my careful review of MFG’s operational procedures, the withdrawal process requires clients to complete and submit a withdrawal form to their Customer Services Unit within specified cut-off times: 12:00 noon for securities accounts and 10:30 am for futures accounts, both in Hong Kong time on business days. However, MFG does not provide explicit details about the exact duration it takes from submitting the withdrawal request to when funds arrive in a bank account or e-wallet. From my experience as a trader, reputable and regulated brokers—especially those overseen by the SFC in Hong Kong, as in MFG’s case—typically process withdrawals within one to several business days, barring any compliance checks or unforeseen issues. Nevertheless, the lack of published, clear-cut processing timeframes is a point to consider cautiously. This, combined with the necessity for manual form submission, suggests that withdrawal speed could be affected by daily cut-offs, public holidays, and banking hours. In summary, while MFG appears to adhere to industry-standard procedures and regulatory requirements, I would personally contact their support directly for up-to-date and case-specific timelines before relying on their services for time-sensitive fund access. In all cases, careful planning and conservative expectations are prudent when dealing with withdrawals.

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