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Wingo Markets Forex Broker keeps up-to-date with the latest trading account information, including Social Trade VIP, Social Trade, VIP, RAW, ECN, Standard maximum leverage of 1:500, trading varieties, and more

Rating Index

Pros

Competitive commission rates and low spreads enhance profitability for traders.
Responsive customer support that provides good guidance and assistance.
Offers a range of trading tools and social trading options, making it accessible for both beginners and experienced traders.

Cons

Regulated in an offshore jurisdiction, which may pose risks for traders regarding security and oversight.
Mixed reviews regarding customer service experiences, with some users reporting initial letdowns.
Occasional platform lags can affect trading efficiency and user experience.

Wingo Markets broker Accounts

Social Trade VIP

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
FX from 0.2 XAUUSD from 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
6$ per lot
Products
--

Social Trade

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 200
Minimum Spread
FX from 1.1 XAUUSD from 1.5
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0$
Products
--

VIP

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 10000
Minimum Spread
FX from 0.1 XAUUSD from 0.6
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
4$ per lot
Products
--

RAW

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 2000
Minimum Spread
FX from 0.5 XAUUSD from 0.9
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
6$ per lot
Products
--

ECN

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 500
Minimum Spread
FX from 1 XAUUSD from 1.3
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
8$ per lot
Products
--

Standard

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$ 100
Minimum Spread
FX from 1.5 XAUUSD from 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0$
Products
--

Wingo Account Types

Wingo offers a variety of trading accounts to cater to different trader needs:

  • Standard Account
    • Minimum Deposit: $100
    • Commission: $0
    • Spreads: From 1.2 pips on EUR/USD
    • Leverage: Up to 1:400
    • Target Audience: Beginner traders
    • ECN Account
      • Minimum Deposit: $500
      • Commission: Low
      • Spreads: From 0.5 pips on EUR/USD
      • Leverage: Up to 1:400
      • Target Audience: Experienced traders
      • Raw Account
        • Minimum Deposit: $2,000
        • Commission: Very low
        • Spreads: Raw spreads starting from 0 pips
        • Leverage: Up to 1:400
        • Target Audience: Advanced traders
        • VIP Account
          • Minimum Deposit: $10,000
          • Commission: Tight
          • Spreads: From 0 pips
          • Leverage: Up to 1:400
          • Target Audience: High-volume traders
          • Social Trade Account
            • Minimum Deposit: $200
            • Commission: $0
            • Spreads: From 0.4 pips
            • Leverage: Up to 1:400
            • Target Audience: Traders interested in copy trading
            • Social Trade VIP Account
              • Minimum Deposit: $5,000
              • Commission: $6 per lot
              • Spreads: From 0.1 pips
              • Leverage: Up to 1:400
              • Target Audience: Advanced copy traders

              Wingo Broker Account Opening Process

              To open an account with Wingo, follow these steps:

              • Visit the Wingo Website: Go to the official Wingo website.
              • Click on 'Create Account': Find the 'Create Account' or 'Sign Up' button on the homepage.
              • Fill in Personal Information: Accurately enter your personal details, including your full name, email address, phone number, and country of residence.
              • Choose Account Type: Select the type of account you wish to open based on your trading preferences (Standard, ECN, Raw, VIP, Social Trade, or Social Trade VIP).
              • Complete Verification: Follow the prompts to complete the verification process, which may require identification documents.
              • Fund Your Account: Once your account is verified, proceed to fund it using the available deposit methods, ensuring you meet the minimum deposit requirement for your chosen account type.
              • For more information, you can visit the following sources:

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