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Wealth Max Forex Broker keeps up-to-date with the latest trading account information, including Standard, Plus, Pro, ECN maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Offers a variety of trading instruments including CFDs, commodities, and forex.
Provides access to educational materials to assist in trading.
Utilizes the popular MetaTrader 4 platform for trading, which is well-regarded among traders.
Cons
Unregulated broker, which raises significant concerns about the safety of funds and investor protection.
Withdrawal processes can be problematic, with reports of delays and difficulties in accessing funds.
Promises of high leverage (up to 1:500) may encourage risky trading practices, increasing the potential for significant losses.
Wealth Max broker Accounts
Standard
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$2,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
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Plus
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$5,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Pro
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$30,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
ECN
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$100,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Wealth Max Account Type
Wealth Max offers four types of trading accounts, each designed to cater to different trading needs and experience levels:
- Bronze Account
- Minimum Deposit: $250
- Leverage: 1:500
- Features: Personal account manager, access to lessons.
- Silver Account
- Minimum Deposit: Not specified
- Leverage: 1:500
- Features: 24/5 support, personal account manager, courses and webinars.
- Gold Account
- Minimum Deposit: Not specified
- Features: Video lessons and books, access from any device, trading courses.
- VIP Account
- Minimum Deposit: Not specified
- Features: Designed for experienced clients with individual privileges.
- Registration
- Provide necessary documents for account verification.
- Account Opening and Activation
- Complete the application process and wait for account activation.
- Profit Withdrawal
- After trading, follow the process to withdraw profits.
Each account level provides various educational resources and support to enhance trading proficiency.
Wealth Max Broker Account Opening Process
To open a broker account with Wealth Max, follow these steps:
The minimum deposit to start trading is $250, but terms for deposits and withdrawals are not explicitly described. While the broker claims there are no commissions, fees may apply to each transaction.
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Wealth Max accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $2,000 by (2+) --.