Rating Index
Pros
Wide range of trading assets available, including forex, cryptocurrencies, and indices.
High leverage options up to 1:1000, allowing for potentially larger profits with smaller initial investments.
User-friendly trading platform powered by MetaTrader 4, which is popular among both beginners and experienced traders.
Cons
Not regulated by any financial authority, raising concerns about the safety and security of traders' funds.
Limited educational resources and market analysis, which may hinder new traders from developing their skills and strategies effectively.
Deposit and withdrawal fees may apply, potentially reducing overall profitability for frequent traders.
W&S broker Accounts
WS Broker Account Type
WS Broker offers three distinct account types to cater to the diverse needs of traders:
- Standard Account:
- Minimum Deposit: $100
- Spreads: Variable
- Commissions: None per lot
- Suitable for: Traders who prefer simplicity and lower-cost trading. A demo account is also available for practice.
- ECN Account:
- Minimum Deposit: $100
- Spreads: Variable
- Commissions: $0.03 per lot
- Leverage: Up to 1:1000
- Suitable for: Traders seeking tighter spreads and faster execution.
- VIP Account:
- Minimum Deposit: $100
- Spreads: Variable
- Commissions: None per lot
- Leverage: Up to 1:1000
- Suitable for: Experienced and high-volume traders who demand premium trading conditions and additional perks.
Download the Mobile App: Access the app store on your device (e.g., Apple App Store or Google Play), search for "WS Broker," and download the application.
Register for an Account: Click on the “register” or “open an account” button on the homepage of the app.
Provide Personal Information: Fill out the registration form with your full name, contact details, date of birth, and address.
Choose an Account Type: Select the account type that aligns with your trading preferences (Standard, ECN, or VIP).
Complete Identity Verification: Verify your identity by providing copies of identity documents such as a passport or drivers license, along with proof of address.
Deposit Funds: Once your account has been verified, you can deposit funds using bank transfers, credit/debit cards, or Skrill. The minimum deposit requirement is $100.
Start Trading: After funding your account, log in using your credentials and begin trading through the mobile app or web trading platform.
WS Broker Account Opening Process
To open an account with WS Broker, follow these steps:
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