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WSTUNION

China|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://wstunion.com

Website

Rating Index

Contact

support@w-stunion.com
https://wstunion.com

Licenses

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

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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WSTUNION · Company Summary

Basic Information
Registered Countries N/A
Regulation No License
Minimum Deposit $250
Maximum Leverage 1:500
Minimum Spread From 0.0 pips
Trading Platform Webtrader
Trading Assets Currency Pairs, Cryptocurrencies, Indices, Metals, Energies, Futures, Shares
Payment Methods VISA, MasterCard
Customer Support Email Support Only

General Information

WSTUNION claims to be an online trading broker providing access to a series of trading instruments, such as Currency Pairs, Cryptocurrencies, Indices, Metals, Energies, Futures, Shares. With the WSTUNION platform, clients are given the flexibility to choose multiple trading accounts, with the minimum deposit to get started starting at $250.

WSTUNION is the trading name owned and operated by Amvikta Limited, a company not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.08/10. Please be aware of the risk.

wikifx-score

Market Instruments

Clients are provided access to a bulk of financial markets. Different types of trading assets covering Currency Pairs, Cryptocurrencies, Indices, Metals, Energies, Futures, Shares are all available through the brokerage platform.

Account Types

Bronze, Silver, Gold, Platinum, VIP accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Bronze account starting at $250, the Silver account from $3,000, the Gold account from $10,000, the Platinum accounts from $50,000, and the VIP account from $100,000. Some account offerings include educational center, dedicated account manager, charting tools, and more.

account-types

account-types

Leverage

When it comes to leverage, WSTUNION provides its customers with access to 1:500, which is 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

What WSTUNION provides is not the MT4 OR MT5 trading platform, the WSTUNION Webtrader instead. Aside from the trading platform, some trading tools are also provided to help clients quickly acquaint themselves with the forex trading, including Exchange Ticker, Technical Analysis, Crypto Market, Market Quotes as well as Economic Calendar.

Payment Methods

The minimum deposit is $250, and clients can make a deposit through limited payment methods, including MasterCard, Maestro, Bank Wire, Bitcoin.

The minimum withdrawal amount is $100, and withdrawal methods must be the same as deposit methods. Tradero says it does not charge any fees for deposit or withdrawals.

Customer Support

It seems that WSTUNION does not provide convenient ways for clients who have any trading-related problems to get in touch with them. Only an email address and company address is provided:

Email: support@w-stunion.com

Company Address:Beachmont Business Centre, 178, Kingstown, St. Vincent and the Grenadines.

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
Wide selection of trading instruments No regulation
Flexible account options available No MT4 or MT5 trading platform
Limited payment methods
No demo accounts available

Frequently Asked Questions

What trading instruments can I trade with on WSTUNION

WSTUNION offers access to Currency Pairs, Cryptocurrencies, Indices, Metals, Energies, Futures, Shares.

What is the maximum leverage available?

The maximum trading leverage that is available on the WSTUNION platform is up to 1:500.

Does WSTUNION offer demo accounts?

No, WSTUNION does not offer demo accounts.

Broker Information

Company Name

WSTUNION

Company Abbreviation

WSTUNION

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Phone of the company

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Twitter

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Linkedin

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Customer Service Email Address
  • support@w-stunion.com

Company Summary

User Reviews

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FX1333499090
more than one year
I had been trading with its demo accounts for two months, and I decided to go live to test the spread on the eur/usd pair two days ago. This pair is trading in an uptrend so I thought it is a good opportunity to take a long swing positions in the market.
2023-03-07 11:49
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FX1176109635
more than one year
I have been trading with WSTUNION broker for about 4 months. They provide various account types and trading tools. I have a very good trading experience with them!!
2022-12-16 19:22
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