QUOTE(GunnersCM @ Oct 5 2020, 11:35 PM)
Hi, any trader here using Axitrader, Pepperstone or Avatrade? Are these broker can deposit & withdrawal via local bank transfer?
Currently I'm using FXCM and ICMarket, the problem im faces is when I'm withdraw using wire transfer method, sometimes bank will call ask me to explain the how the money come from.
Im worry that later the bank will block the money to my bank account.
I don't think there's any problem if you mentioned it's from trading though? For me, this is more preferable rather than transacting using local bank option that some broker have such as XM. The reason being is that I notice when doing this local transfer the name of the recipient as well as sometimes the reference of that transaction is 'questionable' because they want to avoid the bank to know it's related to deposit/withdrawal to/from forex brokers. It's borderline money laundering.Currently I'm using FXCM and ICMarket, the problem im faces is when I'm withdraw using wire transfer method, sometimes bank will call ask me to explain the how the money come from.
Im worry that later the bank will block the money to my bank account.
Oct 6 2020, 09:53 AM

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