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LEIWOW FX

United States|1-2 years|
Suspicious Scope of Business|High potential risk|

https://leiwowfx.com/

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info@leiwowfx.com
https://leiwowfx.com/
1700 Broadway, Denver, CO, United States
https://www.facebook.com/VTMarketsEN

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No valid regulatory information, please be aware of the risk!

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Company Name

LEIWOW FX

Company Abbreviation

LEIWOW FX

Platform registered country and region

United States

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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LEIWOW FX · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

LEIWOW FX Review Summary
Founded 2015
Registered Country/Region United States
Regulation No regulation
Market Instruments Forex, indices, energy, precious metals, soft commodities, ETFs trading, US CFDs shares, UK CFDs shares, EU CFDs shares, HK CFDs shares and Bond CFDs
Demo Account Unavailable
Leverage 1:500
EUR/ USD Spreads 1.2 pips (Std)
Trading Platforms LEIWOW FX app
Minimum Deposit $100
Customer Support Email, Facebook, Instagram, YouTube and Linkedin

What is LEIWOW FX?

LEIWOW FX, a global multi-asset CFD broker, was established in 2015 and is registered and founded in the United States. The company offers a diverse range of trading instruments across various asset classes.It is important to note that LEIWOW FX currently operates without valid regulation, meaning there is no oversight from a government or financial authority.

LEIWOW FXs home page

It is essential for potential investors to consider the risks associated with investing with LEIWOW FX due to the absence of regulation. It is recommended to thoroughly research and assess the risks involved before making any investment decisions.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• A range of trading instruments • Not regulated
• Trading tools and resources • No demo accounts
• Acceptable minimum deposit • Not MT4 supported
• Social media presence
• A range of payment options

LEIWOW FX Alternative Brokers

There are many alternative brokers to LEIWOW FX depending on the specific needs and preferences of the trader. Some popular options include:

  • FOREX TB - A reliable forex broker that provides a user-friendly platform, educational resources, and a wide range of tradable assets, making it a suitable option for traders of all levels who prioritize accessibility, learning, and diversified trading opportunities.

  • Equiti - A trusted global broker specializing in online trading of forex, commodities, and indices, offering cutting-edge technology, superior execution, and comprehensive market analysis.

  • IG - A comprehensive trading platform with a range of trading tools and educational resources for all levels of traders.

Is LEIWOW FX Safe or Scam?

LEIWOW FX currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with LEIWOW FX, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

LEIWOW FX offers a variety of trading instruments across different asset classes, including forex, indices, energy, precious metals, soft commodities, ETFs trading, US CFDs shares, UK CFDs shares, EU CFDs shares, HK CFDs shares and Bond CFDs.

  • Forex: LEIWOW FX offers trading in foreign exchange markets, allowing you to trade currency pairs such as EUR/USD, GBP/USD, USD/JPY, and more.

  • Indices: They provide the opportunity to trade major stock market indices like the S&P 500, Dow Jones Industrial Average, FTSE 100, and others.

  • Energy: LEIWOW FX allows trading in energy commodities such as crude oil, natural gas, heating oil, and gasoline.

  • Precious Metals: They offer the ability to trade precious metals like gold, silver, platinum, and palladium.

  • Soft Commodities: LEIWOW FX facilitates trading in soft commodities, including agricultural products like corn, wheat, soybeans, coffee, and sugar.

  • ETFs Trading: They offer the trading of Exchange-Traded Funds (ETFs), which represent a basket of assets such as stocks, bonds, or commodities.

  • US CFDs Shares: LEIWOW FX provides the opportunity to trade Contracts for Difference (CFDs) on shares of U.S. companies, allowing you to speculate on the price movements of these stocks.

  • UK CFDs Shares: They also offer CFDs trading on shares of UK companies, giving you exposure to the British stock market.

  • EU CFDs Shares: LEIWOW FX enables trading CFDs on European stocks, allowing you to invest in companies listed on various European exchanges.

  • HK CFDs Shares: They provide the ability to trade CFDs on shares of Hong Kong-listed companies, allowing you to access the Hong Kong stock market.

  • Bond CFDs: LEIWOW FX allows trading CFDs on bonds, providing exposure to fixed-income securities issued by governments, municipalities, and corporations.

Accounts

LEIWOW FX offers two live account types including RAW ECN account and Standard STP account with the minimum deposit requirement of $100 both.

  • RAW ECN Account:

This account type is likely designed for traders who prefer direct access to the market with no dealing desk intervention. With the RAW ECN account, you can potentially enjoy tight spreads and fast execution.

RAW ECN Account
  • Standard STP Account:

The Standard STP account is another option provided by LEIWOW FX. STP stands for Straight Through Processing, which means your trades are sent directly to the liquidity providers without any interference. This account type may be suitable for traders looking for competitive spreads and reliable execution.

Standard STP Account

Leverage

LEIWOW FX offers a maximum leverage of 1:500 to its traders. Leverage is a tool that allows traders to control a larger position in the market with a smaller amount of capital. With a leverage of 1:500, traders can potentially amplify their trading positions by 500 times the amount of their initial investment.

The high leverage provided by LEIWOW FX can be appealing to traders seeking the potential for significant profits from small price movements. However, it's important to note that increased leverage also carries higher risks. While leverage can magnify profits, it can also amplify potential losses. Traders should exercise caution and ensure they have a solid risk management strategy in place when utilizing such high leverage.

Spreads & Commissions

For the RAW ECN account, LEIWOW FX offers spreads starting from 0.0 pips. A spread refers to the difference between the bid and ask price of a trading instrument, and a lower spread can potentially offer traders more cost-effective entry and exit points. In addition to the tight spreads, LEIWOW FX applies a commission of $6 per round-turn for trades executed on the RAW ECN account.

The Standard STP account offered by LEIWOW FX features spreads starting from 1.2 pips. It does not have a separate commission charge.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
LEIWOW FX 1.2 pips (Std) None (Std)
FOREX TB 1.6 pips None
Equiti 0.0 pips $ 3.5 per lot
IG 0.6 pips None

Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.

Trading Platforms

LEIWOW FX offers a trading platform called LEIWOW FX app, which is designed to provide clients with an easy and convenient way to trade on the go. The app is available for both iOS and Android devices, allowing traders to access their accounts and manage their trades anytime and anywhere.

With the LEIWOW FX app, traders can enjoy a wide range of trading assets, including more than 1000 options such as FX currency pairs, commodities, indices, and US shares. This diverse selection enables traders to build a well-rounded portfolio and explore various market opportunities.

LEIWOW FX app

See the trading platform comparison table below:

Broker Trading Platform
LEIWOW FX LEIWOW FX app
FOREX TB MT4, in-house xStation
Equiti MT4, MT5
IG MT 4, ProRealTime, L2 Dealer, IG Web Platform, and Mobile Apps

Trading Tools

LEIWOW FX offers a range of trading tools to make informed decisions and enhance their trading experience. Here's a brief overview of these tools:

  • Expert Advisor:

LEIWOW FX offers an Expert Advisor, an automated trading system, which utilizes advanced algorithms to execute trades on behalf of traders. This tool can analyze market conditions, identify trading opportunities, and execute trades promptly, based on predefined parameters set by the trader. It helps traders automate their trading strategies and potentially optimize trading efficiency.

Expert Advisor
  • Forex Signals:

LEIWOW FX offers forex signals, which are real-time notifications or alerts that provide traders with valuable market insights. These signals are generated by experienced traders or professional analysts and provide information on potential trade setups, entry points, stop-loss levels, and take-profit targets. Forex signals can be a useful resource for traders, particularly for those who may not have enough time or expertise to conduct their own market analysis.

Forex Signals
  • Economic Calendar:

LEIWOW FX provides an economic calendar that displays important economic events, news releases, and key data releases from around the world. This tool helps traders stay updated with significant market-moving events, such as central bank announcements, economic indicators, and geopolitical developments. By monitoring the economic calendar, traders can make better-informed trading decisions, anticipate market volatility, and adjust their strategies accordingly.

  • Forex Calculators:

LEIWOW FX offers a variety of forex calculators designed to assist traders with various aspects of their trading activities. These calculators include position sizing calculators, pip calculators, margin calculators, and profit/loss calculators. Traders can use these tools to calculate important trading parameters, such as position size, pip value, margin requirements, and potential profits or losses. Forex calculators help traders manage risk, analyze trade setups, and make accurate trading decisions.

Forex Calculators
  • MAM/PAMM:

LEIWOW FX provides a MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) system. These tools are designed for money managers and investors who wish to allocate funds to multiple trading accounts or have their accounts managed by professional traders. The MAM/PAMM system allows for efficient allocation and management of funds across multiple accounts, providing transparency, flexibility, and control to both money managers and investors.

MAM/PAMM

Deposits & Withdrawals

LEIWOW FX accepts deposits and withdrawals via Pay, Google Pay, VISA, Mastercard, BANK TRANSFER, NETELLER, Skrill and cryptos. LEIWOW FX provides a convenient and flexible deposit and withdrawal system, offering multiple options to cater to the diverse needs of traders. Here's a brief overview of the available deposit and withdrawal methods:

  • Pay and Google Pay:

LEIWOW FX accepts deposits and withdrawals through Pay and Google Pay, which are digital payment platforms. These methods provide a convenient and secure way for traders to transfer funds to and from their trading accounts. Users can link their bank accounts or credit/debit cards to these platforms, making transactions smooth and hassle-free.

  • VISA and Mastercard:

LEIWOW FX supports deposits and withdrawals via VISA and Mastercard, two widely recognized and accepted payment methods. Traders can easily use their VISA or Mastercard debit or credit cards to fund their trading accounts or withdraw their profits. These methods offer quick and secure transactions, ensuring the smooth flow of funds.

  • Bank Transfer:

LEIWOW FX allows deposits and withdrawals through bank transfers, providing a traditional method for transferring funds. Traders can initiate bank transfers from their bank accounts directly to their LEIWOW FX trading accounts. While bank transfers may take longer compared to other methods, they offer a secure and reliable option for larger transactions.

  • NETELLER and Skrill:

LEIWOW FX supports NETELLER and Skrill as deposit and withdrawal methods. These popular e-wallet solutions provide a fast and efficient way to transfer funds. Traders can fund their trading accounts instantly using their NETELLER or Skrill wallets, and they can also withdraw their profits directly to these wallets.

  • Cryptocurrencies:

LEIWOW FX accepts deposits and withdrawals in cryptocurrencies, recognizing the growing popularity and importance of digital currencies in the financial industry. Traders can use supported cryptocurrencies, such as Bitcoin or Ethereum, to fund their accounts or withdraw their funds securely and anonymously.

Funding Methods

LEIWOW FXminimum deposit vs other brokers

LEIWOW FX Most other
Minimum Deposit $100 $100

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: info@leiwowfx.com

Address: 1700 Broadway, Denver, CO, United States

Moreover, clients could get in touch with this broker through the social media, such as Facebook, Instagram, YouTube and Linkedin.

Facebook: https://www.facebook.com/VTMarketsEN

Instagram: https://www.instagram.com/vtmarkets_global/

YouTube: https://www.youtube.com/channel/UCY7M-N0gwV13wTu0_hj2YyQ

Linkedin: https://www.linkedin.com/company/vt-markets/

contact details

Education

LEIWOW FX offers a comprehensive range of educational resources to empower traders with the knowledge and skills necessary to navigate the forex market effectively. Here's an overview of the educational resources provided by LEIWOW FX:

  • Learn Forex:

LEIWOW FX offers a dedicated “Learn Forex” section on its platform. This section consists of various educational materials, including articles, tutorials, guides, and eBooks. Traders can access these resources to gain a solid understanding of the fundamentals of forex trading, technical analysis, risk management, trading psychology, and more. The Learn Forex section is designed to cater to both beginner and advanced traders, providing them with a structured learning path.

Learn Forex
  • Educational Videos:

LEIWOW FX provides a collection of educational videos covering a wide range of forex-related topics. These videos offer a visual and interactive learning experience, making complex concepts easier to comprehend. Traders can access video tutorials on different trading strategies, technical indicators, chart patterns, and more. The educational videos serve as a valuable resource for traders who prefer visual learning or those who want to reinforce their understanding of specific trading concepts.

Educational Videos
  • Trading Central Tool Guide:

LEIWOW FX integrates with Trading Central, a leading provider of financial market research and analysis. Trading Central offers in-depth technical analysis reports, market commentary, trade ideas, and trading signals across various financial instruments, including forex. Traders can access these resources directly through their LEIWOW FX accounts, enabling them to stay informed about market trends, key levels, and potential trading opportunities. Trading Central's research and analysis can be particularly useful for traders seeking expert insights and recommendations.

Trading Central Tool Guide

Conclusion

In conclusion, LEIWOW FX offers a variety of trading instruments across different asset classes, two live account types with minimum deposit requirements and offer a maximum leverage of 1:500. Traders can access the LEIWOW FX app, which serves as the trading platform, to execute trades. However, it is important for potential investors to carefully consider the risks associated with investing with LEIWOW FX due to the lack of regulation. Thorough research and assessment of the risks involved are crucial before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is LEIWOW FX regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at LEIWOW FX?
A 2: You can contact via email, info@leiwowfx.com.
Q 3: Does LEIWOW FX offer demo accounts?
A 3: No.
Q 4: Does LEIWOW FX offer the industry leading MT4 & MT5?
A 4: No. Instead, it offers LEIWOW FX app.
Q 5: What is the minimum deposit for LEIWOW FX?
A 5: The minimum initial deposit to open an account is $100.
Q 6: Is LEIWOW FX a good broker for beginners?
A 6: No. It is not a good choice for beginners because of its unregulated condition.

User Reviews

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Shi Gugu
6-12months
This Forex trading broker Fraar and its trading platform webfx.leiwowfx.com inked to a Skype group call "922 James Club", deposit using USDT and supposed “trading” traditional Forex pair and Crypton BTCUSD, NAS100. These 2 groups of people are today’s sophisticated con artists, they use a seemed real trading platform with manipulated price quote to lure investors thinking they are making profit trading on their platform but when it comes to withdraw profit, the request will be denied, when the Skype James club assistant realized that you have doubt about the club and wanting to withdraw your investment funds, they platform and the James club will work together to transfer all you investment funds to their own digital wallet, making it appear like a hacker has attacked the platform. This has happened to me. The club has another web trading platform webfx.radiunforex.com which is a copy of webfx.leiwowfx.com, both platform is not regulated, they don’t have phone number, all email addresses are unreachable. There is a main group chat has bots pretending to be real investors, they are all in there to lure investors and con people for money. All real investors please be aware such scam and don’t fall for this con. Remember when it is too good to be true then it is not true!!
2023-11-21 18:29
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EKK
6-12months
ZERO stars -it's not a real platform. The site operates alongside a Skype group calling themselves the "James Club". The entire thing is a fake -they pretend to give trade signals that increases invested capital as per the fluctuations of the market. They pretend to trade 1-3 times/day, depending on your amount of investment. It feels very elaborate when you're "in" the club, as they contact you throughout the day and there is an active group chat - however, they are all bots and in on the scam. Transactions appear on the site, so you think it's okay - the trading platform is also good - but if you pay close attention the currency fluctuations actually are different to any other platform. The whole thing is a scam and any money you put in, you will never see again. When it comes to wanting to withdraw, they will want you to send money to a new, separate wallet - you cannot settle the "club's commissions" through the platform. The scam is run by an "Assistan Jerry" and "Esher", all via Skype. They claim that they are regulated in "many countries", they are not. They claim to be regulated as fraar.com. I signed up with a link to www.leiwowfx.com - they have now updated this to webfx.radiunforex.com - but it's all the same, with the same font etc. as the fraar site. Do not participate - do not be juped - they are *****.
2023-11-07 19:06
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JUN760
6-12months
It is an investment fraud site, so there is no doubt that it is a victim
2023-07-30 21:55
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0
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