LEIWOW FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-18 15:58

Abstract：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 FXReview Summary
Founded	2022
Registered Country/Region	United States
Regulation	No regulation
Market Instruments	Forex, Precious metals, Soft Commodities, Indices, Energy, CFDs
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.3 pips
Trading Platform	WebTrader, LEIWOW FX Mobile App, MT4
Min Deposit	$100
Customer Support	Email: info@leiwowfx.com
	Physical Address: 1700 Broadway, Denver, CO, United States
	Social Media: Facebook, Instagram, YouTube, LinkedIn

LEIWOW FX Information

　　LEIWOW FX was founded in 2022 and is a broker registered in the United States. We currently offer Forex, Precious metals, Soft Commodities, Indices, Energy, CFDs and other instruments for traders, plus four accounts and three trading platforms. It supports trading with 0 commission, 0 spread for trading. At present, this brokerage is not regulated and has insufficient security.

Pros and Cons

Pros	Cons
The spread can be as low as 0.0 pips	No regulation
Trade with an account with no commissions
1000+ trading instruments
4 account types
Supporting MT4

Is LEIWOW FX Legit?

　　LEIWOW FX is currently in an unregulated state and is not highly safe. The inquiry shows that the official website of this brokerage is registered in 2023, which is relatively new.

What Can I Trade on LEIWOW FX?

　　LEIWOW FX says it offers 1000+ trading instruments, including 40+ forex pairs;15+ stock exchange index; Energy includes Crude Oil (Cash/Future), Natural gases, Gasoline, Gasoil, etc. Precious metals are gold, silver, copper; Soft commodities include Cocoa, Coffee, Cotton, Orange juice, Raw sugar; 51 ETFs; There are also various types of CFDs.

Tradable Instruments	Supported
Forex	✔
Precious metals	✔
Soft Commodities	✔
Indices	✔
Energy	✔
CFDs	✔
Stocks	❌
Bonds	❌
ETF	❌

Account Types

　　LEIWOW FX has 4 types of accounts: Standard STP Account, RAW ECN Account, Swap-free Standard STP Account and Swap-free RAW ECN Account.

　　The minimum deposit requirements are all $100 with a spread of 0.0 to 1.2pips. Commission is $0 to $6 (per round turn). The leverage is 1:500.

Account Types	Standard STP Account	RAW ECN Account	Swap-free Standard STP Account	Swap-free RAW ECN Account
Execution type	STP	ECN	STP	ECN
Platform	MT4, MT5	MT4, MT5	Metatrader 4Metatrader 4 for MobileMetatrader 5Metatrader 5 for MobileWebtrader	Metatrader 4Metatrader 4 for MobileMetatrader 5Metatrader 5 for MobileWebtrader
Spread from	1.2 pips	0.0 pips	1.2 pips	0.0 pips
Minimum deposit	$100	$100	$100	$100
Commission	0	$6 (per round turn)	$0	$6
Trading bonus	Available	Available	Available	Available
Base currencies	AUD, USD, GBP, EUR, CAD	AUD, USD, GBP, EUR, CAD	AUD, USD, GBP, EUR, CAD	AUD, USD, GBP, EUR, CAD
Minimum trading size	0.01 lot	0.01 lot	-	-
Leverage	-	-	500:1	500:1
Swap-free	-	-	Yes	Yes

LEIWOW FX Fees

　　The spreads of the Standard STp account and RAW ECN account are different. The spreads of the EUR/USD account are from 1.3pips and from 0.0pips, respectively.

Trading Platform

　　LEIWOW FX's three trading platforms support traders on desktop, web and mobile.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Web	All traders
LEIWOW FX Mobile App	✔	Mobile	All traders
MT4	✔	Desktop, Mobile	Beginners
MT5	❌

Deposit and Withdrawal

　　Payment methods offered by LEIWOW FX include Apple Pay, Google Pay, VISA, Master card, BANK TRANSFER,NETELLER,Skrill and Bitcoin. In addition, withdrawals are usually processed within 24 hours. Depending on the withdrawal method chosen, it may take 1-7 business days to receive the funds.