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Walfiner

WikiFX | 2024-12-04 11:48

Abstract:Walfiner is a dedicated STP forex broker with a 100% bonus, of up to $3,000. The tradable instruments with a maximum leverage of 1:500 include forex, indices, energy, crypto, and metals. The broker also provides four live accounts, including Standard, Islamic, Premium, and Elite Vip. In addition, Walfiner offers MT5 and cTrader to operate the investment. The minimum spread is from 0.01 pips and the minimum deposit is $15.

WalfinerReview Summary
Founded2023-10-11
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsForex/Indices/Energy/Crypto/Metals
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.01 pips
Trading PlatformMT5/cTrader (Desktop/Mobile (iOS/Android))
Min Deposit$15
Customer SupportNumber: (+971) 04 455 8797 (Dubai)
Social media: Instagram/YouTube/Telegram
Live chat

Walfiner Information

Walfiner is a dedicated STP forex broker with a 100% bonus, of up to $3,000. The tradable instruments with a maximum leverage of 1:500 include forex, indices, energy, crypto, and metals. The broker also provides four live accounts, including Standard, Islamic, Premium, and Elite Vip. In addition, Walfiner offers MT5 and cTrader to operate the investment. The minimum spread is from 0.01 pips and the minimum deposit is $15.

Walfiner Information

Pros and Cons

Pros Cons
Demo account availableUnregulated
24/7 customer supportNo copy trade
MT5 available
Spread as low as 0.5 pips

Is Walfiner Legit?

Walfiner is not regulated, although it claims regulatedby the National Futures Association, However, an unregulated broker is not as safe as a regulated one.

Is Walfiner Legit?
Is Walfiner Legit?

What Can I Trade on Walfiner?

Traders can choose different investment directions because the broker provides over 650 trading instruments, such as forex, indices, energy, crypto, and metals.

Tradable Instruments Supported
Forex✔
Indices✔
Energy✔
Crypto✔
Metals✔
Commodities❌
Stocks❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Walfiner?

Account Type

Walfiner has five account types: Standard, Islamic, Premium, and Elite Vip. Traders who want tight spreads can choose Premium and Elite Vip accounts, while those with a small budget can open a standard account. In addition, the demo accounts are predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type StandardIslamicPremiumElite Vip
Minimum Deposit15$25$500$1000$
Available Base CurrenciesUSD, EURUSD, EURUSD, EURUSD, EUR
Welcome Bonus100%100%50%50%
Spreads From0.5 Pips0.5 PipsTightest in the IndustryTightest in the Industry
Max Leverage50~50050~50050~50050~500
Negative Balance ProtectionYESYESYESYES
Min. Lots0.010.010.010.01
Commissions3$ Per 100K Traded4$ Per 100K Traded1.7$ Per 100K Traded1$ Per 100K Traded
Hedging Allowed✔✔✔✔

Walfiner Fees

The spread is from 0.01 pips, minimum commission fees vary by account type from $3 per lot. The lower the spread, the faster the liquidity.

Walfiner Fees

Leverage

The maximum leverage is 1:500.

Trading Platform

Walfiner operates by the authoritative MT5and cTrader trading platform available on Desktop and Mobile (iOS and Android) to trade. Traders with rich experience are more suitable for using MT5. cTrader is a seamless trading experience with lightning-fast execution and a wide range of customization options.

Trading PlatformSupported Available Devices
MT5✔Desktop/Mobile (iOS/Android)
cTrader✔Desktop/Mobile (iOS/Android)
Trading Platform

Deposit and Withdrawal

The minimum deposit is$15. Deposit and withdrawal methods that can be processed within 1 hour to 1 business day, including PayPal, MasterCard, and Bitcoin.

Deposit and Withdrawal

Related broker

No Regulation
Walfiner
Company name:Walfiner.LTD
Score
1.31
Website:https://walfiner.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.31

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