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Score

1.13 /10
Danger

Wealth Way Fx

Saint Vincent and the Grenadines

1-2 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

High potential risk

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License Index 0.00
Business Index 4.07
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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No valid regulatory information, please be aware of the risk!

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Contact number

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+44 7717383818

Broker Information

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Company Name

Wealth Way Fx

Company Abbreviation

Wealth Way Fx

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2023-06-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Wealth Way Fx · Company summary
Basic Information
Registered Countries Saint Vincent and the Grenadines
Regulation No License
Minimum Deposit $10
Maximum Leverage 1:500
Minimum Spread From 0.0 pips
Trading Platform MT5
Demo Account Available
Trading Assets Forex, Stocks, Commodities, Equity Indices, Precious Metals, Cryptocurrencies, Futures
Payment Methods Bank Transfer, VISA, MasterCard, Bitcoin
Customer Support Email & Phone Support

General Information

Established in 2021, Wealth Way FX is an offshore forex broker registered in Saint Vincent and the Grenadines, giving their clients access to vast global financial markets, including Forex, Stocks, Commodities, Equity Indices, Precious Metals, Cryptocurrencies, Futures. Wealth Way FX offers a few tiered trading accounts for clients to choose from, but the minimum deposit is quite high, from $10,000.

Wealth Way Fx is the trading name of Wealthway Corporation, a company registered in Saint Vincent and the Grenadines with SVGFSA, with license number: 26349 BC 2021.

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Market Instruments

Clients can get access to various financial markets, a wide selection of trading instruments can be traded, including Forex, Stocks, Commodities, Equity Indices, Precious Metals, Cryptocurrencies, Futures, all available through this brokerage platform.

Account Types

Multiple flexible trading accounts are designed to satisfy both retail traders and professional traders trading needs, namely Tailor Made accounts, Mini accounts, Standard accounts, ECN accounts, Premium accounts, VIP accounts, as well as Swap-free accounts.

account-types

Demo Accounts Available

Aside from live trading accounts, demo accounts are also available for clients to test trading environment and practice their trading strategies without risking their real capital.

Spreads & Commissions

Trading accounts set the commissions and spreads. Here is the fee structure employed by Wealth Way FX: the more expensive trading account you are holding, the more competitive spreads you can enjoy, for example, spreads offered by the Mini account from 1.4 pips, the ECN account from 0.0 pips.

Leverage

When it comes to leverage, Wealth Way FX provides its customers with access to 1:500, which is far greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

Wealth Way FX provides its clients access to the industry leading MT5 trading platform, which is an all in one platform to trade on forex, stocks, commodities, equities indices, precious metals, cryptocurrencies and futures. The Wealth Way FX MT5 gives access to the markets worldwide without any need to install any other software, available on Mobile, Web devices.

Deposit & Withdrawal

Wealth Way FX does not specify what payment methods it supports, it boasts multiple payment methods can be available, though. The minimum deposit and withdrawal amount is both $10, and this broker says that it charges no fees for deposits and withdrawals.

deposit-withdrawal

Educational Resources & Tools

Rich and wide selection of educational resources are available, including Videos, Guides, Personal Coach, Learn Forex Online, FAQ, as well as some trading tools, such as VPS Hosting, Autochartist, Economic Calendar, Forex Calculator, Auto Trader, Currency Converter.

Customer Support

If you have any inquiries or trading-related issues, you can first go to the FAQ section where you may find some useful information. Besides, phone and email support are equally reachable for all clients. Here is the detailed contact information:

Telephone: +447717383818

Email: operations@wealthwayfx.com

Company Address: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines

Alternatively, you can also follow this broker on some social media platforms, such as Facebook, Linkedin and Instagram.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple trading accounts available No regulation
MT5 supported Extremely high account-opening deposits
Demo account & Islamic accounts supported
Wide selection of trading instruments
Educational contents & tools

Frequently Asked Questions

What trading instruments can I trade with on the Wealth Way FX platform

Wealth Way FX provides access to a series of trading instruments, including Forex, Stocks, Commodities, Equity Indices, Precious Metals, Cryptocurrencies, Futures.

What is the minimum deposit required by Wealth Way FX

With Wealth Way FX, minimum deposit amount is USD 10,000 for opening a Mini account.

What is the maximum leverage available?

With a live trading account at Wealth Way FX, the traders can be benefitted with the maximum leverage of 1:500.

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幸福?陈惦惦
more than one year
I had some apprehensions concerning Wealth Way Fx when I first visited their website but I decided to give them a try and it has been wonderful. The website looked convincing enough, and the expert help from their advisors made the learning process great. I anticipate trading on my own soon.
2023-02-22 15:28
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hari7930
3-6months
Past 3 years i am doing trading in wealthway fx with huge profits (also had license Wealth Way Fx is the Trade name for Wealthway Corporation, Registered in Saint Vincent and the Grenadines with SVGFSA License Number 26349 BC 2021).
2023-02-08 13:26
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0
more than one year
I saw that the company had only been around for less than a year. I don't recommend dealing with such companies, if they go bankrupt, you may not get your money back.
2022-12-16 16:59
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