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..
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 | Cons |
Wide range of tradable instruments | Unregulated |
High leverage up to 1:500 | High spreads on entry-level accounts |
Multiple payment options | Limited information about fees |
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.
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 | ✔ |
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 Type | Spread | Leverage | Trading Signals | Suitable For |
Diamond | As low as 0.6 pips | Up to 500 | Unlimited | Advanced traders requiring tight spreads and exclusive services |
Gold | 60% less than Classic | Up to 400 | 25 | Experienced traders seeking premium features |
Silver | 40% less than Classic | Up to 300 | 10 | Intermediate traders looking for better spreads |
Bronze | 20% less than Classic | Up to 200 | None | Beginner traders with some experience |
Classic | Default (check platform) | Up to 100 | None | New traders starting with basic account features |
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.
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.
Instrument | Spread (Pips) | Account Type |
EUR/USD | 16 PIPS | Diamond/Gold Accounts |
BTC/USD | 4000 PIPS | All Accounts |
XAU/USD | 34 PIPS | Diamond/Gold Accounts |
USD/JPY | 10 PIPS | Silver/Bronze Accounts |
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
iOS and Android Apps | ✔ | iOS, Android | Traders who need flexibility to trade on the go. |
Intuitive Trading Platform | ✔ | Web-based, Desktop | Traders seeking a streamlined experience with real-time data and tools. |
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 Method | Type | Currency | Min. Deposit/Withdrawal | Fees/Commission | Processing Time |
VISA/Mastercard/Maestro | Credit/Debit Card | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | Instant (Deposit) |
Sofort/Trustly | Powercash | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | 1-2 Business Days |
Wire Transfer | Wire Bank | USD, AED, SAR | Deposit: 500 USD, Withdrawal: 50 USD | Free | 1-3 Business Days |
Apple Pay/Google Pay | EMV Payment | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | Instant (Deposit) |
Jacob Wilson Duke
Australia
Amazing customer service, especially for active traders. This kind of service is hard to find. 👍👍👍👍👍
Positive
2024-06-28
FX3047851686
Saudi Arabia
Very bad
Exposure
2024-10-23