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Wealth Sailing Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 15:02

Abstract:Wealth Sailing is an unregulated broker that offers various trading instruments, including foreign exchange (FX), commodities, indices, shares, and cryptocurrencies. They provide different account types with varying spreads and commissions. Leverage of up to 1:100 is available, allowing traders to amplify potential profits but also increasing risk. The company offers the Meta Trader 5 platform for trading and accepts various cryptocurrencies for deposits. Customer support is available through email. However, negative reviews raise concerns about the company's reliability and transparency, including difficulties in fund withdrawals and account suspensions.

  Note: Wealth Sailing's official website: https://www.wealthsailingfx.com/en/ inaccessible normally.

Wealth Sailing Review Summary
Founded2004
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForex, Commodities, Indices, Shares, Crypto
Account TypeStandard Account, Premium Account, VIP Account
Demo Account✔
LeverageUp to 1:100
SpreadsStandard Account: 0.25% - 0.50%, Premium Account: 0.15% - 0.30%, VIP Account: 0.05% - 0.10%
Minimum DepositNo minimum deposit requirement
Trading PlatformMeta Trader 5 for Windows
Payment MethodCryptocurrencies, wire transfers, ACH transfers
Customer SupportPhone: +61 4 8882 6516
Email: service@wealthsailingfx.com

Wealth Sailing Information

  Wealth Sailing, founded in 2004, is a brokerage registered in Hong Kong. The trading instruments it provides cover Forex, Commodities, Indices, Shares, Crypto. It is unregulated.

Pros and Cons

Pros Cons
Diverse Market InstrumentsUnregulated
MT5 supportedDemo account inavailable
Generous leverage up to 1:100No withdrawal fees information
MT5 supportedOfficial website inaccessible
Low commissions
No min deposit requirement

Is Wealth Sailing Legit?

  It is clear that Wealth Sailing is currently unregulated.

Is Wealth Sailing Legit?

What Can I Trade on Wealth Sailing?

  Wealth Sailing offers traders Forex, Commodities, Indices, Shares, Cryptocurrencies to trade to trade.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Shares✔
Cryptocurrencies✔
Precious Metals❌
Energy❌
Futures❌
Options❌

Account Types

  Wealth Sailing offers 3 different types of accounts to traders - Standard Account, Premium Account, VIP Account. It has no minimum deposit requirement.

Account TypeStandard AccountPremium AccountVIP Account
Spreads0.25%-50%0.15%-30%0.05%-0.1%
Commission$10 per trade$5 per trade$2 per trade

Wealth Sailing Fees

  Wealthy Sailing charges no monthly fees.

Account TypeStandard AccountPremium AccountVIP Account
Spreads0.25%-50%0.15%-30%0.05%-0.1%
Commission$10 per trade$5 per trade$2 per trade

Trading Platform

  Wealth Sailing's trading platform is MT5, which supports traders on PC.

Trading PlatformSupported Available Devices
MT5 Margin WebTrader✔Web
MT4❌

Deposit and Withdrawal

  The broker supports 3 types of deposit and withdrawal methods - Cryptocurrencies, wire transfers, ACH transfers.

  

Related broker

No Regulation
Wealth Sailing
Company name:Wealth Sailing Forex Limited
Score
1.43
Website:https://www.wealthsailingfx.com/en/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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