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WAI Forex Broker keeps up-to-date with the latest trading account information, including ECN-RAW, STANDARD maximum leverage of 1:500, trading varieties, and more

Rating Index

WikiFX Detection

Business

Influence E

License

No license

WAI broker Accounts

ECN-RAW

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$100000 USD or equivalent
Minimum Spread
0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$8.0
Products
--

STANDARD

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$1000 USD or equivalent
Minimum Spread
From 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
no
Products
--

  

WAI Account Type

  WAI offers a questionable trading environment as it operates as an unregulated offshore broker. It primarily provides a standard trading account with the following features:

  • Minimum Deposit: $100
  • Leverage: Up to 1:500
  • Spread: Advertised as low as 0.1 pips for major forex pairs.
  • Trading Instruments: Limited to forex, metals, and commodities.
  •   Due to its lack of regulation and questionable practices, trading with WAI is deemed risky, and potential clients should exercise caution.

      

    WAI Broker Account Opening Process

      Opening an account with WAI involves the following steps:

    • Visit the Website: Navigate to the WAI official website.
    • Account Registration: Click on the "Open Account" button to start the registration process.
    • Provide Personal Information: Fill out the required fields, including your name, email address, phone number, and other personal details.
    • Deposit Funds: After registration, fund your account with a minimum deposit of $100 using one of the accepted payment methods, such as credit cards or e-wallets.
    • Start Trading: Once your account is funded, you can begin trading on the advertised trading platform, although it is recommended to verify the platform's reliability before proceeding.
    •   Be aware that WAI lacks proper regulatory oversight, which poses significant risks to your funds.

WAI accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $100000 USD or equivalent by (2+) --.
WAI Account