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): +442080971406WRC1 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 ConsPros Cons Wide range of tradable instrumentsUnregulatedHigh leverage up to 1:500High spreads on entry-level accountsMultiple payment optionsLimited information about feesIs 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 ForDiamondAs low as 0.6 pipsUp to 500UnlimitedAdvanced traders requiring tight spreads and exclusive servicesGold60% less than ClassicUp to 40025Experienced traders seeking premium featuresSilver40% less than ClassicUp to 30010Intermediate traders looking for better spreadsBronze20% less than ClassicUp to 200NoneBeginner traders with some experienceClassicDefault (check platform)Up to 100NoneNew traders starting with basic account featuresLeverage 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 TypeEUR/USD16 PIPSDiamond/Gold AccountsBTC/USD4000 PIPSAll AccountsXAU/USD34 PIPSDiamond/Gold AccountsUSD/JPY10 PIPSSilver/Bronze AccountsTrading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersiOS and Android Apps✔iOS, AndroidTraders who need flexibility to trade on the go.Intuitive Trading Platform✔Web-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 TimeVISA/Mastercard/MaestroCredit/Debit CardEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFreeInstant (Deposit)Sofort/TrustlyPowercashEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFree1-2 Business DaysWire TransferWire BankUSD, AED, SARDeposit: 500 USD, Withdrawal: 50 USDFree1-3 Business DaysApple Pay/Google PayEMV PaymentEUR, USDDeposit: 500 USD, Withdrawal: 50 USDFreeInstant (Deposit)