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WrPro foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.wrc1.com/, about the company's legal and temporary regulatory information, the company's address 7th Floor, NeXTeracom Tower 1, Cybercity, Ebene, Republic of Mauritius..

WrPro Forex Broker

Basic information

Registered region
Mauritius
Operating period
--
Company Name
GMBB Investment Ltd
Abbreviation
WrPro
Company employee
--
Customer Service Email Address
support.en@wrpro.com
Contact number
+442080971406
Company website
Company address
7th Floor, NeXTeracom Tower 1, Cybercity, Ebene, Republic of Mauritius.
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

WRC1 Review SummaryFounded2023Registered Country/RegionMauritiusRegulationUnregulatedMarket InstrumentsForex, Cryptocurrencies, Stocks, Indices, Commodities, MetalsDemo Account✅LeverageUp to 1:500SpreadEUR/USD: As low as 16 PIPS (Diamond/Gold Accounts)Trading PlatformiOS and Android Apps, Intuitive Web and Desktop PlatformsMin Deposit500 USDCustomer SupportOnline chatEmail (English): support.en@wrpro.comPhone (English): +442080971406

WRC1 Information

  Founded in 2023 and incorporated in Mauritius, WRC1 boasts over 300 trading assets ranging from stocks, indices, commodities, metals to Forex and cryptocurrency. WRC1 is still under control even with its varied array of products, which increases trading risks.

Pros and Cons

Pros Cons
Wide range of tradable instrumentsUnregulated
High leverage up to 1:500High spreads on entry-level accounts
Multiple payment optionsLimited information about fees

Is WRC1 Legit?

  No acknowledged financial authority regulates WRC1. It is not licensed in Mauritius, where it is registered, and it is not subject to the supervision of internationally renowned regulatory agencies like the FCA (UK), ASIC (Australia), or other significant authorities.

  Wrc1.com was registered on June 21, 2023, and expires on June 21, 2025. The last update was October 25, 2023.

What Can I Trade on WRC1?

  Currency pairs, indices, commodities, stocks, cryptocurrencies, metals, and more than 300 trading assets are all available on WRC1. The instruments that were supported are summarized below:

Tradable Instruments Supported
Forex
Cryptocurrencies
Stocks
Indices
Commodities
Metals

Account Types

  Designed for traders with varying degrees of experience, WrPro provides five types live accounts—Diamond, Gold, Silver, Bronze, and Classic. They do not specifically mention Islamic account availability but demo account is available.

Account TypeSpreadLeverageTrading SignalsSuitable For
DiamondAs low as 0.6 pipsUp to 500UnlimitedAdvanced traders requiring tight spreads and exclusive services
Gold60% less than ClassicUp to 40025Experienced traders seeking premium features
Silver40% less than ClassicUp to 30010Intermediate traders looking for better spreads
Bronze20% less than ClassicUp to 200NoneBeginner traders with some experience
ClassicDefault (check platform)Up to 100NoneNew traders starting with basic account features

Leverage

  On Classic accounts, WrPro provides leverage ranging from up to 100x; on Diamond accounts, 500x. This gives traders flexibility to choose depending on their risk tolerance and trading plan.

WRC1 Fees

  Trading fees at WRC1 are higher than typical, especially for entry-level accounts. Diamond accounts have 0.6-pip spreads, whereas Classic accounts have default, greater spreads. Example: Premium accounts can get EUR/USD spreads as little as 16 PIPS, whereas BTC/USD costs 4000 PIPS.

InstrumentSpread (Pips)Account Type
EUR/USD16 PIPSDiamond/Gold Accounts
BTC/USD4000 PIPSAll Accounts
XAU/USD34 PIPSDiamond/Gold Accounts
USD/JPY10 PIPSSilver/Bronze Accounts

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
iOS and Android AppsiOS, AndroidTraders who need flexibility to trade on the go.
Intuitive Trading PlatformWeb-based, DesktopTraders seeking a streamlined experience with real-time data and tools.

Deposit and Withdrawal

  WRC1 allows deposits and withdrawals with no specified fees, making it accessible for traders. The minimum deposit amount is 500 USD, while the minimum withdrawal amount is 50 USD.

Payment MethodTypeCurrencyMin. Deposit/WithdrawalFees/CommissionProcessing Time
VISA/Mastercard/MaestroCredit/Debit CardEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFreeInstant (Deposit)
Sofort/TrustlyPowercashEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFree1-2 Business Days
Wire TransferWire BankUSD, AED, SARDeposit: 500 USD, Withdrawal: 50 USDFree1-3 Business Days
Apple Pay/Google PayEMV PaymentEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFreeInstant (Deposit)

  

Rating Index

Classic

Minimum Deposit
--

Bronze

Minimum Deposit
--

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Latest Reviews

FX3047851686

FX3047851686

Saudi Arabia

Very bad

Exposure

2024-10-23

Jacob Wilson Duke

Jacob Wilson Duke

Australia

Amazing customer service, especially for active traders. This kind of service is hard to find. 👍👍👍👍👍

Positive

2024-06-28

WrPro Forex Broker has an overall rating of 1.26, Regulatory Index 0.00, License Index 0.00, Business Index 5.05, Software Index 4.00 Risk Control Index 0.00.