WAI Forex Broker

WAI Review Summary Founded2021 Registered Country/RegionUnited Kingdom RegulationNo Regulation Market InstrumentsGlobal stocks, digital currencies, foreign exchange, indices, commodities, futures CFDs, etc. Demo Account✅ LeverageUp to 1:500 Spreadfrom 1.0 points (Standard account) Trading PlatformMT4 Minimum Deposit$1,000 Customer SupportEmail: info@wealint.com Facebook, Twitter, Instagram, LinkedIn, YouTube WAI is an unregulated United Kingdom-based financial service provider established in 2021, offering a diverse range of tradable instruments including global stocks, digital currencies, foreign exchange, indices, commodities, futures CFDs, etc. The firm provides MT4 trading platform, spreads starting from 0.0 pips, and no commission charges. It offers two types of accounts—Standard and STP-RAW—with a minimum deposit of $1,000 for the standard account.Pros and Cons Pros Cons Demo accounts availableNo regulation A wide range of trading productsHigh minimum deposit Diverse account typesNo direct contact channel MT4 platform availableIs WAI Legit? At present, WAI lacks valid regulation. Its domain was registered on April 30, 2021, and the current status is “client delete prohibited, client transfer prohibited, client update prohibited”. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on WAI? On WAI, you can trade with global stocks, digital currencies, foreign exchange, indices, commodities, futures CFDs, etc. Tradable Instruments Supported Stocks✔ Digital currencies✔ Forex✔ Indices✔ Commodities✔ Futures CFDs✔ Bonds❌ Options❌ ETFs❌ Mutual Funds❌Account Type & Fees There are two types of accounts: Standard and STP-RAW. Account TypeMinimum DepositSpreadCommission Standard$1,000 USD or equivalentFrom 1.0 points0 STP$100,000 USD or equivalentFrom 0.0 pointsUSD $8/roundLeverage The maximum leverage is up to 1:500 for both account types. Please note that high leverage can amplify not only profits but also losses.Trading Platform Trading PlatformSupported Available Devices Suitable for MT4✔WebTrader, Windows, MacOS, iPhone/iPad, AndroidBeginners MT5❌/Experienced traders