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Saint Vincent and the Grenadines
Suspicious Regulatory License
MT4/5 White Label
Regional Brokers
High potential risk
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Comparison
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Score
License Index | 0.00 |
Business Index | 4.07 |
Risk Management Index | 0.00 |
Software Index | 4.00 |
Regulatory Index | 0.00 |
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
English
+44 7717383818
More
Company Name
Wealth Way Fx
Company Abbreviation
Wealth Way Fx
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Pyramid scheme complaint
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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.
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.
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.
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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