Winfxmarkets Spreads, leverage, minimum deposit Revealed

　　Note: Winfxmarkets' official website, https://winfxmarkets.com/, is normally inaccessible.

Winfxmarkets Information

　　FCA has issued a warning against Winfxmarkets, which is an unauthorized company.

Pros & Cons

Is Winfxmarkets Legit?

　　As of now, PLUNOX is not regulated by any institution like FCA. Besides, its website is not accessed. Meanwhile, it has no safeguarded funds and segregated accounts.

What Can I Trade on Winfxmarkets?

　　At Winfxmarkets, you can trade on metals, forex currency pairs, crypto, shares, energies, and indices.

Account Type

　　Winfxmarkets offers BASIC, SLIVER, GOLD, PLATINUM, VIP, and EXCLUSIVE accounts for traders.

Spreads & Commissions

　　Different account types have different spreads, from 0.2 - 1.6 pips. No info on commissions.

Trading Platform

　　Winfxmarkets offers Metatrader 4 and Metatrader 5, but when attempting to download the supposed MetaTrader 4 and 5 trading software from Winfxmarkets, we noticed that the file was named under a different company. Therefore, we advise investors to exercise caution and avoid this broker due to the inconsistencies and deceitful practices observed so far.

Deposit & Withdrawal

　　Traders can deposit through credit/debit cards, cryptocurrencies, bank transfers, and e-wallets like Skrill and Neteller.

Customer Service

The Bottom Line

　　In conclusion, Winfxmarkets is a fraudulent broker, and we strongly advise against investing in it. By avoiding this broker, you will save yourself both time and money.

FAQs

　　Is Winfxmarkets safe?

　　No. It has no regulation.

　　Is Winfxmarkets good for beginners?

　　No. $200 minimum deposit requirement is too high for beginners.

　　What trading platforms does Winfxmarkets offer?

　　It says to offer MT4 and MT5, but both of them are fake.