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WALBROOK foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.waokfx.com/en_account.html?pageid=119168, about the company's legal and temporary regulatory information, the company's address .

WALBROOK Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Cedar Capital Markets Ltd
Abbreviation
WALBROOK
Company employee
--
Customer Service Email Address
gz@waokfx.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

WALBROOK broker review

Rating Index

  

Walbrook Forex Broker - Complete Information Guide

  

1. Broker Overview

  Walbrook Capital Markets Limited, established in 2015, is a London-based brokerage firm that specializes in providing a comprehensive range of financial services, including forex trading, CFDs, ETFs, equities, futures, and options. The firm operates primarily in the retail forex and institutional service markets, catering to both individual and corporate clients seeking access to global financial instruments.

  The company's headquarters is located in London, with additional offices in Guernsey. Walbrook was formerly known as FXCM Securities Limited before it was sold to Expobank following the "Black Swan" events in 2015. In August 2017, the firm was acquired by ITI Group, a brokerage focused on technology, prime services, and algorithmic trading. This acquisition has further enhanced Walbrook's capabilities and service offerings.

  Walbrook operates as a market maker, acting as a counterparty to each foreign exchange and CFD contract with its clients. The firm's business model emphasizes direct access to major global exchanges, ensuring that clients can trade a wide array of financial instruments efficiently. As a regulated entity under the Financial Conduct Authority (FCA), Walbrook is committed to maintaining high standards of compliance and investor protection.

  

2. Regulatory and Compliance Information

  Walbrook Capital Markets is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with the regulatory number FRN 763202. The firm is also a member of the London Stock Exchange (LSE) and ICE Europe. The FCA is known for its stringent regulatory framework, requiring licensed firms to maintain a minimum capital requirement of €730,000 and to keep client funds in segregated accounts, separate from the companys own funds.

  In addition to its FCA regulation, Walbrook participates in the Financial Services Compensation Scheme (FSCS), which provides coverage for eligible clients in the event of company insolvency, up to a maximum of £50,000. This adds an extra layer of security for investors.

  The firm adheres to robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all client identities are verified and that transactions are monitored for suspicious activity. This commitment to regulatory compliance is crucial in maintaining the trust and confidence of its clients.

  

3. Trading Products and Services

  Walbrook offers a diverse range of trading products, including:

  • Forex Trading: Clients can trade a variety of currency pairs, including major, minor, and exotic pairs. The firm provides access to competitive spreads, with an average of 0.8 pips for the EUR/USD pair.
  • CFDs: The broker offers CFDs on indices, commodities, stocks, and cryptocurrencies, allowing clients to speculate on price movements without owning the underlying assets.
  • Equities and ETFs: Clients can trade shares from various global stock exchanges and invest in exchange-traded funds (ETFs) to gain exposure to different market sectors.
  • Futures and Options: Walbrook provides access to futures and options trading, catering to clients looking for hedging strategies and speculative opportunities.

  The firm is committed to updating its product offerings regularly, ensuring that clients have access to the latest financial instruments. Walbrook also provides retail trading services and portfolio management for institutional clients, further broadening its service scope.

  

4. Trading Platforms and Technology

  Walbrook Capital Markets supports the widely recognized MetaTrader 4 (MT4) platform, known for its user-friendly interface and extensive analytical tools. In addition to MT4, the broker offers its proprietary trading platform, Phoenix, which allows users to manage multiple portfolios and view holdings across various asset classes with live streaming market data.

  The broker's platforms are accessible via both desktop and mobile applications, supporting iOS and Android devices, enabling traders to manage their accounts on the go. Walbrook operates with a market-making execution model, which may present potential conflicts of interest, but the firm strives to maintain transparency in its operations.

  The firm's technical infrastructure includes servers located in secure data centers, ensuring fast execution and reliable trading conditions. Walbrook also supports API access for automated trading strategies, catering to clients who prefer algorithmic trading methods.

  

5. Account Types and Trading Conditions

  Walbrook Capital Markets offers a single account type for forex trading, with the following conditions:

  • Minimum Deposit: Specific information about the minimum deposit requirement is not publicly available on the broker's website.
  • Spreads and Commissions: The broker offers variable spreads, averaging 0.8 pips for major currency pairs, with no commission fees.
  • Leverage: The maximum leverage offered by Walbrook is 1:100, which aligns with FCA regulations designed to protect retail investors from excessive risk.
  • Minimum Trade Size: Micro lot trading is available, allowing clients to trade in smaller increments.
  • Overnight Fees: Detailed information regarding overnight fees is not specified in the available resources.

  While the absence of multiple account types may limit flexibility for some traders, the straightforward structure simplifies the trading process for clients.

  

6. Fund Management

  Walbrook Capital Markets provides several methods for clients to manage their funds:

  • Deposit Methods: Clients can fund their accounts via bank wire transfers and cheques. However, popular e-wallets like Skrill and Neteller are not supported.
  • Minimum Deposit Requirements: The minimum deposit requirement varies by account type, but specific figures have not been disclosed.
  • Deposit Processing Time: The processing time for deposits typically takes one to three business days, depending on the method used.
  • Deposit Fees: The broker does not charge any deposit fees, making it cost-effective for clients to fund their accounts.
  • Withdrawal Methods and Limits: Withdrawals can be made through bank wire transfers and cheques, with specific limits not detailed in the available information.
  • Withdrawal Processing Time: Withdrawal requests are generally processed within three to five business days.
  • Withdrawal Fees Structure: Information regarding withdrawal fees is not explicitly stated on the broker's website.

  This range of funding options allows clients to manage their accounts flexibly, although the lack of e-wallet support may be a drawback for some traders.

  

7. Customer Support and Educational Resources

  Walbrook Capital Markets offers a variety of support channels to assist clients:

  • Support Channels: Clients can reach the support team via phone, email, online chat, and social media.
  • Service Hours: The support team operates during standard business hours, accommodating clients in different time zones.
  • Multilingual Support: The broker provides support in multiple languages, ensuring that clients from diverse backgrounds can receive assistance.
  • Educational Resources: Walbrook offers a range of educational materials, including webinars, tutorials, and eBooks, to help clients improve their trading skills.
  • Market Analysis Services: Clients have access to daily market analysis, news updates, and research reports to inform their trading decisions.
  • Trading Tools: The broker provides various trading tools, including calculators, economic calendars, and signal services, to enhance the trading experience.

  These resources aim to empower clients with the knowledge and tools necessary to navigate the financial markets effectively.

  

8. Regional Coverage and Restrictions

  Walbrook Capital Markets primarily serves clients in the following regions:

  • Main Service Markets: The broker focuses on clients in the United Kingdom and Europe, providing tailored services to meet the needs of these markets.
  • Regional Offices: In addition to its London headquarters, Walbrook has a presence in Guernsey, enhancing its service capabilities.
  • Countries/Regions Not Accepted: Specific countries or regions where Walbrook does not accept clients are not detailed in the available information.
  • Special Restrictions: The broker operates under FCA regulations, which may impose restrictions on certain high-risk jurisdictions.

  Overall, Walbrook Capital Markets aims to provide a comprehensive trading experience while adhering to regulatory standards, ensuring client safety and satisfaction.

  In conclusion, Walbrook broker stands out as a reputable option for traders seeking a reliable platform for forex and CFD trading. With a focus on regulatory compliance, diverse product offerings, and robust customer support, the firm aims to meet the evolving needs of its clients in the competitive financial landscape.

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WALBROOK Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.19, Software Index 4.00 Risk Control Index 0.00.