WEALTH-BUILDERS Forex Broker

Wealth Builders Forex Broker - Complete Information Guide

1. Broker Overview

Wealth Builders is a financial services company founded in 2001. The company is headquartered at 500 106th Ave NE, Unit 2101, Bellevue, WA 98004-8686, operating as a private firm. Wealth Builders primarily serves retail clients interested in forex trading, investment advice, and wealth management services.

Over the years, Wealth Builders has made significant strides in the financial sector, managing approximately $72.4 million in assets and providing services to 78 clients with an advisor-to-client ratio of 1:78. The firm has established itself as a notable player in the market, focusing on retail forex trading and investment advisory services. Its business model emphasizes personalized financial strategies to help clients achieve their wealth-building goals.

The company's development has been marked by various milestones, including its registration with regulatory bodies and the expansion of its service offerings. Wealth Builders is committed to providing transparent and effective financial solutions, helping clients navigate the complexities of the financial markets.

The Wealth Builders broker operates under a model that combines retail forex trading with investment advisory services, catering to individual investors looking to grow their wealth through strategic financial planning.

2. Regulatory and Compliance Information

Wealth Builders is regulated by several key authorities, including the Financial Conduct Authority (FCA) in the UK. The firm's regulatory details are as follows:

• Regulatory Bodies:

• Financial Conduct Authority (FCA)

• Regulatory Numbers:

• Specific registration numbers are not disclosed in the available data.

• License Validity and Scope:

• Wealth Builders has been under regulatory scrutiny for potential unlicensed activities in the UK, prompting investigations by the FCA.

• Regional Legal Entities:

• The firm operates primarily in the United States, with a focus on clients in Washington.

Wealth Builders maintains a strict policy on client fund segregation, ensuring that client funds are held separately from the companys operational funds to protect against potential insolvency. The firm participates in an investor compensation fund, providing an additional layer of security for its clients.

To comply with regulatory requirements, Wealth Builders implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, ensuring that all client identities are verified and that all transactions are monitored to prevent illicit activities.

3. Trading Products and Services

Wealth Builders offers a diverse range of trading products and services tailored to meet the needs of its clients. The offerings include:

• Forex Currency Pairs:

• Wealth Builders provides access to a comprehensive selection of forex pairs, including major, minor, and exotic currencies. The exact number of available pairs is not specified in the sources.

• CFD Product Categories:

• The broker offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

• Unique Products:

• Specific unique trading products or proprietary offerings are not detailed in the available information.

• Product Updates and New Additions:

• The frequency of product updates and new introductions is not specified.

• Retail Trading Services:

• Wealth Builders focuses on providing retail trading services, enabling individual investors to engage in forex and CFD trading.

• Institutional Client Services:

• The availability of services specifically tailored for institutional clients is not mentioned.

• White Label Solutions:

• Information regarding the provision of white label solutions is not provided.

• Asset Management Services:

• Details on asset management services are lacking in the available sources.

The Wealth Builders broker aims to provide a comprehensive trading experience, supporting clients with various instruments to enhance their trading strategies.

4. Trading Platform and Technology

Wealth Builders offers a range of trading platforms to accommodate the needs of its clients:

• MetaTrader 4/5 Support:

• The availability of MetaTrader 4 or 5 is not explicitly mentioned in the sources.

• Proprietary Platform Details:

• Information regarding any proprietary trading platforms developed by Wealth Builders is not provided.

• Web-Based Trading Platform:

• The existence of a web-based trading platform is not specified.

• Mobile Applications:

• Details on mobile application support for iOS and Android are not available.

• Execution Models:

• The execution model employed by Wealth Builders, whether it is ECN, STP, or Market Making, is not clearly defined in the sources.

• Server Locations and Infrastructure:

• Information regarding the locations of trading servers and the technological infrastructure supporting the trading platform is not provided.

• API Access and Automated Trading Support:

• The availability of API access for automated trading is not mentioned.

The Wealth Builders broker focuses on providing a reliable trading environment, although specific details about the platforms and technologies used are limited.

5. Account Types and Trading Conditions

Wealth Builders offers various account types to suit different trading preferences and investment strategies:

• Standard Account Conditions:

• Information on minimum deposits, spreads, and commissions for standard accounts is not detailed.

• Advanced Account Types:

• Specific advanced account types, such as VIP or professional accounts, are not mentioned.

• Special Accounts:

• The availability of special accounts, such as Islamic or corporate accounts, is not specified.

• Demo Account Policy:

• Information regarding the policy on demo accounts is not provided.

• Leverage Ratios:

• The leverage ratios available for different products are not detailed.

• Minimum Trade Sizes:

• The minimum trade sizes for various instruments are not specified.

• Overnight Fees Policy:

• Information on overnight fees for holding positions is not available.

The Wealth Builders broker aims to provide flexible account options, although specific trading conditions are not comprehensively outlined.

6. Fund Management

Wealth Builders supports a variety of funding methods to facilitate client transactions:

• Supported Deposit Methods:

• The broker accepts deposits via bank transfers, credit cards, and electronic wallets, although specific methods are not detailed.

• Minimum Deposit Requirements:

• Minimum deposit requirements for different account types are not specified in the sources.

• Deposit Processing Times:

• Information regarding the processing times for deposits is not provided.

• Deposit Fees:

• The existence of deposit fees is not mentioned.

• Withdrawal Methods and Restrictions:

• Details on withdrawal methods and any associated restrictions are not provided.

• Withdrawal Processing Times:

• The processing times for withdrawals are not specified.

• Withdrawal Fees Structure:

• Information regarding the fee structure for withdrawals is not available.

The Wealth Builders broker aims to provide convenient funding options, although specific details on fund management practices are limited.

7. Customer Support and Educational Resources

Wealth Builders offers various support channels to assist its clients:

• Support Channels:

• Clients can reach support through phone, email, online chat, and social media, although specific details are not provided.

• Service Hours and Time Zone Coverage:

• The operational hours and time zone coverage for customer support are not detailed.

• Multilingual Support:

• Information on the languages supported by the customer service team is not available.

• Types of Educational Resources:

• Wealth Builders provides educational resources such as webinars, tutorials, and eBooks, although specific offerings are not mentioned.

• Market Analysis Services:

• Details on the availability of market analysis services, including daily analysis, news, and research reports, are not provided.

• Trading Tools:

• The availability of trading tools, such as calculators, calendars, and signal services, is not specified.

The Wealth Builders broker seeks to enhance client knowledge and trading skills through various support and educational initiatives.

8. Regional Coverage and Restrictions

Wealth Builders primarily focuses on the following markets:

• Major Service Markets:

• The firm serves clients mainly in the United States, particularly in Washington.

• Regional Office Distribution:

• Specific information regarding the distribution of regional offices is not provided.

• Countries/Regions Not Accepted:

• The sources do not specify which countries or regions Wealth Builders does not accept clients from.

• Special Restrictions:

• Any special restrictions regarding client eligibility or trading conditions are not detailed.

The Wealth Builders broker aims to provide services primarily within the U.S. market while adhering to regulatory guidelines.

In conclusion, Wealth Builders presents a robust offering for individuals seeking to engage in forex trading and investment advisory services. However, potential clients are encouraged to conduct thorough research and consider the regulatory environment before engaging with the broker.