Company Summary
| LEIWOW FXReview Summary | |
| Founded | 2022 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Forex, Precious metals, Soft Commodities, Indices, Energy, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.3 pips |
| Trading Platform | WebTrader, LEIWOW FX Mobile App, MT4 |
| Min Deposit | $100 |
| Customer Support | Email: info@leiwowfx.com |
| Physical Address: 1700 Broadway, Denver, CO, United States | |
| Social Media: Facebook, Instagram, YouTube, LinkedIn | |
LEIWOW FX Information
LEIWOW FX was founded in 2022 and is a broker registered in the United States. We currently offer Forex, Precious metals, Soft Commodities, Indices, Energy, CFDs and other instruments for traders, plus four accounts and three trading platforms. It supports trading with 0 commission, 0 spread for trading. At present, this brokerage is not regulated and has insufficient security.
Pros and Cons
| Pros | Cons |
| The spread can be as low as 0.0 pips | No regulation |
| Trade with an account with no commissions | |
| 1000+ trading instruments | |
| 4 account types | |
| Supporting MT4 |
Is LEIWOW FX Legit?
LEIWOW FX is currently in an unregulated state and is not highly safe. The inquiry shows that the official website of this brokerage is registered in 2023, which is relatively new.
What Can I Trade on LEIWOW FX?
LEIWOW FX says it offers 1000+ trading instruments, including 40+ forex pairs;15+ stock exchange index; Energy includes Crude Oil (Cash/Future), Natural gases, Gasoline, Gasoil, etc. Precious metals are gold, silver, copper; Soft commodities include Cocoa, Coffee, Cotton, Orange juice, Raw sugar; 51 ETFs; There are also various types of CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ✔ |
| Soft Commodities | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| CFDs | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
LEIWOW FX has 4 types of accounts: Standard STP Account, RAW ECN Account, Swap-free Standard STP Account and Swap-free RAW ECN Account.
The minimum deposit requirements are all $100 with a spread of 0.0 to 1.2pips. Commission is $0 to $6 (per round turn). The leverage is 1:500.
| Account Types | Standard STP Account | RAW ECN Account | Swap-free Standard STP Account | Swap-free RAW ECN Account |
| Execution type | STP | ECN | STP | ECN |
| Platform | MT4, MT5 | MT4, MT5 | Metatrader 4Metatrader 4 for MobileMetatrader 5Metatrader 5 for MobileWebtrader | Metatrader 4Metatrader 4 for MobileMetatrader 5Metatrader 5 for MobileWebtrader |
| Spread from | 1.2 pips | 0.0 pips | 1.2 pips | 0.0 pips |
| Minimum deposit | $100 | $100 | $100 | $100 |
| Commission | 0 | $6 (per round turn) | $0 | $6 |
| Trading bonus | Available | Available | Available | Available |
| Base currencies | AUD, USD, GBP, EUR, CAD | AUD, USD, GBP, EUR, CAD | AUD, USD, GBP, EUR, CAD | AUD, USD, GBP, EUR, CAD |
| Minimum trading size | 0.01 lot | 0.01 lot | - | - |
| Leverage | - | - | 500:1 | 500:1 |
| Swap-free | - | - | Yes | Yes |
LEIWOW FX Fees
The spreads of the Standard STp account and RAW ECN account are different. The spreads of the EUR/USD account are from 1.3pips and from 0.0pips, respectively.
Trading Platform
LEIWOW FX's three trading platforms support traders on desktop, web and mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | All traders |
| LEIWOW FX Mobile App | ✔ | Mobile | All traders |
| MT4 | ✔ | Desktop, Mobile | Beginners |
| MT5 | ❌ |
Deposit and Withdrawal
Payment methods offered by LEIWOW FX include Apple Pay, Google Pay, VISA, Master card, BANK TRANSFER,NETELLER,Skrill and Bitcoin. In addition, withdrawals are usually processed within 24 hours. Depending on the withdrawal method chosen, it may take 1-7 business days to receive the funds.
