WeekendFX

WeekendFX Information

WeekendFX is a brokerage company specializing in FX, cryptocurrency, stock indices, and precious metals markets. It provides investment services 24 hours a day, 365 days a year on cryptocurrency trading. The broker also provides standard and demo accounts with a maximum leverage of 1:500. However, unregulated status raises concerns among investors. Some traders have encountered difficulties in withdrawing funds from this platform and suspect that it is related to a Ponzi scheme.

Pros and Cons

Is WeekendFX Legit?

WeekendFX is Generally registered in the British Virgin Islands Financial Services Commission(FSC) under license No.9453 and License Type Common Business Registration. Its unregulated status makes its financial activities risky.

What Can I Trade on WeekendFX?

WeekendFX offers 4 major markets, such as FX, cryptocurrency, stock indices, and precious metals.

Account Type

WeekendFX has two account types: standard and demo accounts. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

WeekendFX Fees

Spread-only accounts have no additional fees while fee-bearing accounts have spreads starting at zero pips depending on the account type clients choose.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

WeekendFX cooperates with the authoritative MT5 trading platform, which is available in Windows, iOS, and Android. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Deposit and Withdrawal

WeekendFX accepts Bank transfers and Wire transfers for deposits and withdrawals. Transfer processing times are within 24 hours and associated fees are none.

Bonus

Deposit with crypto and get a 10% bonus! If you pay by bank transfer, get a 5% discount.