Walt Markets Forex Broker

Note: Walt Markets' official website: https://www.waltmarkets.com/ is currently inaccessible normally.Walt Markets Review SummaryFounded2023Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo RegulationMarket InstrumentsCFD Forex; CFD StocksDemo Account✅LeverageUp to 1:2000SpreadFrom 1.8 pips (Standard account)Trading PlatformMetaTrader 4 and 5Min Deposit$15Customer SupportAddress: Suite 305, Griffith Corporate Centre, Beachmonth, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines24/7 live chat, contact formRegional RestrictionsAfghanistan, Iran, ISIL, Libya, Mali, Somalia, Sudan, Yemen, Sri Lanka, Russia, etc. Walt Markets, founded in 2023 and registered in Saint Vincent and the Grenadines, is an unregulated trading platform offering CFDs on forex and stocks. It provides access to MetaTrader 4 and 5, with leverage up to 1:2000, a minimum deposit of $15, and spreads starting at 0.0 pips. The platform charges no commission for standard account and supports demo accounts.Pros and ConsProsConsDemo accounts availableNo regulationDiverse account typesNon-functional websiteLow minimum depositLimited trading marketsCommission-free on the Standard accountWide spreadsRegional restrictionsIs Walt Markets Legit? At present, Walt Markets lacks valid regulation. Its domain was registered on Nov 1, 2023, and expired on Nov 1, 2024. Its website can't be visited currently. We advise you to look for another regulated one.What Can I Trade on Walt Markets?Tradable InstrumentsSupportedCFDs on Forex✔CFDs on Stocks✔Commodities❌Indices❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Walt Markets offers five types of accounts.Account TypeStandardPrime RAWPrime PlatinumcTrader StandardcTrader ECNMin Deposit$15$150$15$150Max Leverage1:20001:5001:20001:500SpreadFrom 1.8 pipsFrom 0.0 pipsCommission❌$7/lotTrading PlatformMT4MT4 ECNMT5cTradercTrader ECNLeverage The max leverage for Standard and cTrader Standard accounts is up to 1:2000. Prime RAW, Prime Platinum, and cTrader ECN accounts offer up to 1:500 leverage. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread and Commission The Standard and cTrader Standard accounts offer spreads starting from 1.8 pips, with no commission. The Prime RAW, Prime Platinum and cTrader ECN accounts provide spreads from 0.0 pips and a commission of $7 per lot.Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT4✔iOS, macOS, Windows, and AndroidBeginnersMT5✔iOS, macOS, Windows, and AndroidExperienced traders