Company profile
WeekendFX Review SummaryFounded2020-08-02Registered Country/RegionThe Virgin IslandsRegulationGeneral RegistrationMarket InstrumentsFX/Cryptocurrency/Stock indices/Precious metalsDemo Account✅LeverageUp to 1:500SpreadFrom 0 pipsTrading PlatformMT5(Windows/iOS/Android)Min DepositGas Fee & Stablecoins: $10 or moreEthereum Chain (ERC20): $30 or moreCustomer SupportEmail: info@weekend-fx.comYouTube/Twitter/InstagramWeekendFX Information WeekendFX is a brokerage company specializing in FX, cryptocurrency, stock indices, and precious metals markets. It provides investment services 24 hours a day, 365 days a year on cryptocurrency trading. The broker also provides standard and demo accounts with a maximum leverage of 1:500. However, unregulated status raises concerns among investors. Some traders have encountered difficulties in withdrawing funds from this platform and suspect that it is related to a Ponzi scheme.Pros and ConsPros Cons Leverage up to 1:500General Registration24/7 customer supportNo Islamic accountsMT5 availableNegative reviews(Unable to Withdraw)Demo account availableSpread as low as 0 pipsIs WeekendFX Legit? WeekendFX is Generally registered in the British Virgin Islands Financial Services Commission(FSC) under license No.9453 and License Type Common Business Registration. Its unregulated status makes its financial activities risky.What Can I Trade on WeekendFX? WeekendFX offers 4 major markets, such as FX, cryptocurrency, stock indices, and precious metals.Tradable Instruments Supported Forex✔Stock Indices✔Cryptocurrency✔Precious Metals✔Commodities❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type WeekendFX has two account types: standard and demo accounts. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.Account Type StandardDemo Leverage1:5001:500Minimum Deposit$100-WeekendFX Fees Spread-only accounts have no additional fees while fee-bearing accounts have spreads starting at zero pips depending on the account type clients choose.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform WeekendFX cooperates with the authoritative MT5 trading platform, which is available in Windows, iOS, and Android. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.Trading PlatformSupported Available Devices Suitable for MT5✔Windows/iOS/AndroidExperienced tradersDeposit and Withdrawal WeekendFX accepts Bank transfers and Wire transfers for deposits and withdrawals. Transfer processing times are within 24 hours and associated fees are none.Bonus Deposit with crypto and get a 10% bonus! If you pay by bank transfer, get a 5% discount.
FX2303903161
Japan
I opened an account for 〇〇 trading and conducted copy trading. However, there were suspicious parts in the transaction history, so I tried to withdraw and cancel my membership. However, I couldn't transfer funds from my account to my wallet, and even when I requested support, I couldn't get proper assistance. After the fund transfer was completed, I couldn't make a withdrawal request. In the end, I had to create two support tickets for a single fund transfer, and it took time to receive a response. I also had to create two tickets for the withdrawal process. It took more than 10 days to complete the withdrawal. 😥 Furthermore, when I look at the transaction history, there are some entries without round numbers or decimal places, which raises doubts about whether the orders were actually placed.
Exposure
2024-08-24