Have you guys faced any documentation issues with your broker while trying to withdraw your money? I have used plenty of brokers - both regulated/unregulated - and never faced an instance where I was asked for heaps of papers just to take out the small sum I got in my trading account, is this common?
Jakemark posted: These issues happen very much with those traders who opt for unregulated brokers. These brokers are just behind your money and would never leave an opportunity from which they can earn.
Are you sure buddy? Because I am trading with a non-regulated one and I didn’t face any problems nor do they charge me extra for anything. Moreover they don’t put any restrictions on me for the kind of strategies to use.
I don't think there should be an issue while withdrawing a small amount of money. No broker will ask for any documents . However, documents might be asked for while verifying your account in the first place.
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