Score

1.35 /10
Danger

Waldora Company

Belize

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.73

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Waldora Company · Company summary

Waldora Company Review Summary
Founded2021
Registered Country/RegionBelize
RegulationUnregulated
Market InstrumentsForex, ETF, Stocks, Indices, Metals, Commodities, Crypto currency
Demo AccountNot Mentioned
Trading PlatformMetatrader 5
MaxmumLeverage1:1000
SpreadVaries Based on Products
Minimum Deposit$500
CommissionForex $5, Commodity $5
Customer SupportEmail: info@waldoracompany.com
Tel: +1 6049902749
Regional RestrictionUnited States & Canada

Waldora Company's Information

Waldora Company, a unregulated broker, founded in 2021 and registered in Belize. It offers a range of market instruments, including Forex, ETFs, stocks, indices, metals, commodities, and cryptocurrencies. It provides floating leverage with a maximum of 1:1000. The company has regional restrictions in the United States and Canada.

Waldora Company‘s homepage

Pros & Cons

ProsCons
Low CommissionLimited Trading Accounts
Extensive InstrumentsUnregulated
Regional Restrictions

Pros:

  • Low Commission: Waldora Company charges low commissions of 5 USD for Forex and commodity trades, while other products is commission free.
  • Extensive Instruments: Waldora Company offers a broad range of financial instruments, including Forex, ETFs, stocks, indices, commodities, and cryptocurrencies.

Cons:

  • Limited Trading Accounts: Waldora Company offers limited trading accounts, lacking both demo accounts and various account types.
  • Unregulated: Waldora Company lacks regulatory oversight, which is unsafe for users to trade.
  • Regional Restrictions: Waldora Company does not provide services to users in the United States and Canada.

Is Waldora Company Legit?

Waldora Company lacks regulatory oversight. Customers should consider to trade with company with regulatory oversight.

No license

Market Instruments

Waldora Company offers a diverse range of market instruments.

Forex: Waldora Company offers more than 500 currency pairs with varying spreads like AUD/CZK.

ETF: Waldora Company offers ETFs with various spread. For example, the Amplify Transformational Data Sharing ETF (BLOK) has a spread of 0.04.

Stocks: Waldora Company provides a range of stocks with floating spread, including the United States and the Cayman Islands.

Indices: Waldora Company offers indices with varying spreads, swap rates. For instance, the AEX Index (#Holland25) has a spread of 1.2 and swap rates of -27.74 USD, while the DAX Index (#Germany30) has a spread of 1 and swap rates of -556.4 USD.

Metals: Waldora Company offers trading in various metals. For example, Gold vs. US Dollar (XAUUSD), Silver vs. Euro (XAGEUR).

Commodities: Waldora Company offers various commodities, including Aluminium, Brent Crude Oil, Canola, Cattle Feeder, Class III Milk, Coffee C Futures, Copper Futures, Heating Oil Futures, Lean Hogs Futures, and Live Cattle Futures.

Crypto currency: Waldora Company provides cryptocurrencies, including Bitcoin (BTCUSD), Ethereum (ETHUSD), Binance Coin (BNBUSD), Cardano (ADAUSD), and Avalanche (AVAUSD).

Market Instruments

Leverage

Waldora Company has floating leverage, allowing traders to adjust leverage ratios in accordance with market dynamics and personal strategies. It's maximum leverage is 1:1000, which has high risks of trading exposure. Please be careful while using high leverage ratio.

Trading conditions

Spreads & Commissions

Waldora Company charges a commission of 5 USD for both Forex and commodity trades. Spreads vary by product. For example, the spread for Bitcoin vs US Dollar (BTCUSD) is 0.01, and for Brent Crude Oil is 0.12.

Trading Tools

Economic Calendar: Waldora Company provides information about key market events, including bank statements, and governor speeches. Traders can use it to avoid risk, and adjust investment.

Economic Calendar

Research & Education

Webinars: Waldora Company's webinars offer reviews, detailed information about financial topics, and live chat for direct questions.

Educational Videos: Waldora Company provides a range of educational videos about investment ideas, analytical reviews, and strategy research.

Courses: Waldora Company offers educational courses. The programs cover a wide range of topics, including technical and fundamental analysis, futures, stocks, ETFs, and advanced trading strategies.

Education resources
Course programs

Customer Support

Waldora Company offers comprehensive customer support to its clients.

  • Address: New Brunswick, Canada, 60 Charlotte St Saint John, NB E2L 2H9 107-109, West George Street, Glasgow, Scotland, G2 1QX
  • Telephone: +1 6049902749
  • Email: info@waldoracompany.com.
Contact info

Conclusion

In conclusion, Waldora Company lacks of regulatory oversight, which increse the risks for investors. Additionally, the lack of demo accounts and varied account types limits its appeal. Traders must be cautious when considering this unregulated provider.

Q&A

Is Waldora Company suitable for beginners?

No, Waldora Company is not suitable for all traders, included beginners, as it is unregulated.

What is the leverage offered by Waldora Company?

Waldora Company offers a floating leverage with maximum leverage of 1:1000.

How much is the minimum deposit of Waldora Company?

The minimum deposit required is 500 USD.

Are there regional restrictions on the services provided by Waldora Company?

Yes, Waldora Company has regional restrictions. It does not service citizens of the United States and Canada.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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