Rating Index
Pros
Wide range of trading instruments available, including forex, CFDs, and commodities.
Low minimum deposit requirement of $5, making it accessible for beginner traders.
Offers popular trading platforms such as MT4 and MT5, which are well-regarded in the industry.
Cons
Suspicious regulatory status, with claims of being a clone of an FCA-regulated entity, raising concerns about legitimacy.
Inaccessible official website, limiting access to services and support for traders.
Reported withdrawal issues, indicating potential difficulties in accessing funds after trading.
WAFX broker Accounts
WavFX Account Types
WavFX offers a variety of trading account types to cater to different trading needs and experience levels. The available account types include:
- Basic Account
- Minimum Deposit: $200
- Markets: Forex
- Leverage: Up to 1:100
- Features: Floating spread, standard instructions and training, daily market alerts, swap-free, account manager, 24/5 customer support.
- Classic Account
- Minimum Deposit: $2,500
- Markets: Forex and Commodity
- Leverage: Up to 1:200
- Features: Floating spread, standard instructions and training, daily market alerts, swap-free, account manager, 24/5 customer support.
- Advanced Account
- Minimum Deposit: $5,000
- Markets: Forex, Commodity, and Indices
- Leverage: Up to 1:300
- Features: Floating spread, average free signals, daily market alerts, swap-free, account manager, 24/5 customer support.
- Pro Account
- Minimum Deposit: $10,000
- Markets: Forex, Commodity, Indices, and Cryptocurrency
- Leverage: Up to 1:1000
- Features: Advanced training, daily market alerts, swap-free, account manager, 24/5 customer support, webinars.
- VIP Account
- Minimum Deposit: $50,000
- Markets: Forex, Commodity, Indices, Stocks, and Cryptocurrency
- Leverage: Up to 1:1500
- Features: Expert training, unlimited free signals, daily market alerts, swap-free, account manager, 24/5 customer support, webinars, risk management.
- Investor Account
- Minimum Deposit: ∞ (unlimited)
- Markets: All Markets
- Leverage: Up to 1:2000
- Features: Professional training, unlimited free signals, daily market alerts, swap-free, fund manager, 24/5 customer support, webinars, risk management.
Visit the WavFX Website: Go to the official WavFX website to find the account registration section.
Choose Your Account Type: Select the account type that best suits your trading needs from the options listed above.
Complete the Application Form: Fill out the required application form with your personal information, including your legal name, current address, and contact details.
Verification Documents: Provide necessary documentation for verification, such as proof of identity (passport or national ID) and proof of address (recent utility bill).
Fund Your Account: After your account is approved, fund it using one of the available methods (credit card, debit card, e-wallets, etc.).
Start Trading: Once your account is funded, you can start trading on the WavFX platform.
WavFX Broker Account Opening Process
To open an account with WavFX, follow these steps:
By following these steps, you can easily set up your trading account with WavFX and begin your trading journey.
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