QUOTE(flowerhorn08 @ Jul 28 2018, 02:26 PM)
This is only my thought.
I think some brokers use a local agent or middleman (most probably IB) here. When the trader want to deposit, he/she will deposit to the agent local bank account. For withdrawal. they will make a request to the agent and the agent will transfer the money from his/her account to the trader account.
Thank you for answering my queries. Looks like the agent has to be vet before committing to join. Which broker are you currently dealing? Are there any brokers with good track record?I think some brokers use a local agent or middleman (most probably IB) here. When the trader want to deposit, he/she will deposit to the agent local bank account. For withdrawal. they will make a request to the agent and the agent will transfer the money from his/her account to the trader account.
Jul 28 2018, 08:58 PM

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