Walfiner foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.walfiner.com/en/auth/sign-up, about the company's legal and temporary regulatory information, the company's address Level 03, Boulevard Plaza Tower One Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai, UAE.
Walfiner Forex Broker
Basic information
United Arab Emirates
1-2 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
Walfiner Information
Walfiner is a dedicated STP forex broker with a 100% bonus, of up to $3,000. The tradable instruments with a maximum leverage of 1:500 include forex, indices, energy, crypto, and metals. The broker also provides four live accounts, including Standard, Islamic, Premium, and Elite Vip. In addition, Walfiner offers MT5 and cTrader to operate the investment. The minimum spread is from 0.01 pips and the minimum deposit is $15.
Pros and Cons
| Pros | Cons |
| Demo account available | Unregulated |
| 24/7 customer support | No copy trade |
| MT5 available | |
| Spread as low as 0.5 pips |
Is Walfiner Legit?
Walfiner is not regulated, although it claims regulatedby the National Futures Association, However, an unregulated broker is not as safe as a regulated one.
What Can I Trade on Walfiner?
Traders can choose different investment directions because the broker provides over 650 trading instruments, such as forex, indices, energy, crypto, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Crypto | ✔ |
| Metals | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Walfiner has five account types: Standard, Islamic, Premium, and Elite Vip. Traders who want tight spreads can choose Premium and Elite Vip accounts, while those with a small budget can open a standard account. In addition, the demo accounts are predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Standard | Islamic | Premium | Elite Vip |
| Minimum Deposit | 15$ | 25$ | 500$ | 1000$ |
| Available Base Currencies | USD, EUR | USD, EUR | USD, EUR | USD, EUR |
| Welcome Bonus | 100% | 100% | 50% | 50% |
| Spreads From | 0.5 Pips | 0.5 Pips | Tightest in the Industry | Tightest in the Industry |
| Max Leverage | 50~500 | 50~500 | 50~500 | 50~500 |
| Negative Balance Protection | YES | YES | YES | YES |
| Min. Lots | 0.01 | 0.01 | 0.01 | 0.01 |
| Commissions | 3$ Per 100K Traded | 4$ Per 100K Traded | 1.7$ Per 100K Traded | 1$ Per 100K Traded |
| Hedging Allowed | ✔ | ✔ | ✔ | ✔ |
Walfiner Fees
The spread is from 0.01 pips, minimum commission fees vary by account type from $3 per lot. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500.
Trading Platform
Walfiner operates by the authoritative MT5and cTrader trading platform available on Desktop and Mobile (iOS and Android) to trade. Traders with rich experience are more suitable for using MT5. cTrader is a seamless trading experience with lightning-fast execution and a wide range of customization options.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Desktop/Mobile (iOS/Android) |
| cTrader | ✔ | Desktop/Mobile (iOS/Android) |
Deposit and Withdrawal
The minimum deposit is$15. Deposit and withdrawal methods that can be processed within 1 hour to 1 business day, including PayPal, MasterCard, and Bitcoin.
Rating Index
Elite Vip ECN Pro
Premium ECN
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crypto8053
Iran
The forex broker Valfiner is known for its excellent and unique services. Low spreads Low commissions Trade registration time in milliseconds Expert support And most importantly, no plugins for manipulating transactions in symbols
Positive
2024-09-17