WinTraders Forex Broker

Note: WinTraders' official website: https://win-traders.com is currently inaccessible normally.WinTraders Review SummaryFounded2023Registered Country/RegionCyprusRegulationNo RegulationMarket InstrumentsForex currency pairs, cryptocurrencies, and commoditiesDemo Account❌Leverage1:500EUR/USD Spread1.6 pipsTrading PlatformA suspicious resemblance to MetaTrader 4Min Deposit/Customer SupportPhone: +357 25255140Email: info@win-traders.com WinTraders is an unregulated brokerage company based in Cyprus. It claims to offer forex currency pairs, cryptocurrencies, and commodities with a suspicious resemblance to MetaTrader 4. Despite its unregulated status, the official website cannot be entered currently. In a word, this broker is not trustworthy.Pros and ConsPros Cons NoneNon-functional websiteNo regulationNo demo accountsWeak trading platformNo info on minimum depositIs WinTraders Legit? At present, WinTraders lacks valid regulation. Its domain was registered on Dec 22, 2023, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. We do advise you to look for regulated ones.What Can I Trade on WinTraders? WinTraders claims to offer trading on forex currency pairs, cryptocurrencies, and commodities.Tradable Instruments Supported Forex✔Commodities✔Cryptocurrencies✔Indices❌Shares❌Bonds❌Options❌ETFs❌Leverage The maximum leverage is up to 1:500. However, please note that high leverage can bring not only great profits but also big losses.Spread The EUR/USD cost of trade is said to be 1.6 pips.Trading Platform WinTraders promised access to a platform that bore a suspicious resemblance to the leading trading platform MetaTrader 4. However, the name of that platform was never specifically mentioned. Moreover, the software originated from an unverified publisher.Deposit and Withdrawal WinTraders claims to support payment methods through credit cards, debit cards, bank transfer, and alternative payment methods. To be honest, it's all a big mess as very few further details have been provided.