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Score

1.46 /10
Danger

WinTrade Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

High potential risk

http://wintrademarkets.com

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Score

Regulatory Index0.00

Business Index6.61

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

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

PT CMVM
2024-01-08
CMVM warns investors about Wintradermarkets
WinTrade Markets

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

WinTrade Markets · Company summary

General Information& Regulation

WinTrade Markets is an emerging Forex broker with a focus on the wide range of trading tools and efficient trading environment while maintaining liquidity, security, enabling serve clients spread over the world except for the United States, besides, the corporation was registered in Saint Vincent and the Grenadines with the company address at Griffith Corporate Centre, Beachmont. Suite 305, P.O.Box 1510, Kingstown, St. Vincent, and the Grenadines.

Market Instruments

WinTrade Markets has been offering to trade with Forex and CFDs, Indices, Metals, Energy, and Cryptocurrencies.

Accounts & Leverage

WinTrade Markets offers 3 account types: Basic Account, Standard Account, and Pro Account. In addition, all accounts have the same execution, and the minimum deposit is $25, if clients would like to open the Pro Account, they need to deposit the minimum amount of $5,000. Moreover, the Basic Account offers the maximum leverage of 1:100, and the leverage is capped at 1:400. Concerning the financial assets, the leverage for the Forex, Commodities, and Indices is all up to 1:100.

Spreads & Commissions

The condition is various in light of the types of account, for instance, the Basic Account offers variable spreads, starting from 1.6 pips with no commissions. As for other accounts, they offer the variable spread, starting from the 0 pips, indeed, the Pro Account charges $5 per lot.

Trading Platform

WinTrade Markets provides a trading terminal option of MetaTrader 4(MT4), which is an industry-recognized platform available for free download to PC desktop (Windows/macOS) and mobile devices (Android/iOS).

Deposit & Withdrawal

WinTrade Markets accepts payments with Credit/Debit cards like Visa/Mastercard and E-wallets like Neteller, as well as Revolut.

Trading Hours

Clients are allowed to trade a different times, for instance, the Forex is available for clients 24 hours a day during the weekdays, and clients could trade from Monday 00:00 to Friday 24:00 (Server time, GMT + 2).

Customer Support

If in any doubts as to transactions, please call at +14155041674 or e-mail at support@wintrademarkets.com within a reasonable time.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisors.

User Reviews

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ODIE
more than one year
Trust me! Everything just looks well but all are fake! WinTrade Markets is an UNREGULATED and UNRELIABLE broker! To be honest, their MT4 platform is easy to use, and the minimum deposit requirement of only 25 USD is attractive for new traders like me who don't want to risk too much. However, trading conditions are not competitive as they advertise, spreads are wide, and order execution is very slow... Withdrawals are also very slow recently... It feels like these are all bad signs...
Trust me! Everything just looks well but all are fake! WinTrade Markets is an UNREGULATED and UNRELIABLE broker! To be honest, their MT4 platform is easy to use, and the minimum deposit requirement of only 25 USD is attractive for new traders like me who don't want to risk too much. However, trading conditions are not competitive as they advertise, spreads are wide, and order execution is very slow... Withdrawals are also very slow recently... It feels like these are all bad signs...
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2023-04-25 18:47
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FX1478735674
more than one year
Before I trade with WinTrade Markets, I thought it was not very good. But now I only have positive trading experience with these professional guys! The spreads are tight and the commissions are low. The MT4 platform is also really user-friendly, and I love the fact that they offer a knowledge base! Their FAQ section is also really helpful. They also offer multiple contact ways and popular payment methods. So far no problems with my deposits and withdrawals. Keep up, guys!
Before I trade with WinTrade Markets, I thought it was not very good. But now I only have positive trading experience with these professional guys! The spreads are tight and the commissions are low. The MT4 platform is also really user-friendly, and I love the fact that they offer a knowledge base! Their FAQ section is also really helpful. They also offer multiple contact ways and popular payment methods. So far no problems with my deposits and withdrawals. Keep up, guys!
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2023-04-23 18:09
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