Do forex brokers charge fees on deposits or withdrawals?

Answer
Many brokers advertise free deposits, but some charge for specific methods like credit cards (one to three percent) or small bank wires. Withdrawal fees are more common: e-wallets might cost five to twenty dollars, cards incur processing charges, and international wires can hit thirty dollars or more. Crypto withdrawals often have network fees that vary with congestion. Third-party banks or payment processors may add their own charges. Frequent small withdrawals increase relative costs, so larger, less frequent ones save money. Always review the broker’s fee schedule and your payment provider’s terms before transacting to avoid surprises.

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