WeekendFX

WeekendFX Information

Founded in 2020, WeekendFX is a multi-asset broker registered in Belize, offering trading on forex, cryptocurrencies, indices and gold & silver with leverage up to 1:100 and floating spreads via the MT4 and MT5 platform. Demo accounts are available and the minimum deposit requirement to open a Standard account is as high as 1,000 USD. It claims to be regulated by FSC, but its current status is exceeded.

Pros and Cons

Is WeekendFX Legit?

Currently, WeekendFX only holds an exceeded FSC license.

Besides, the broker claims to offer negative balance protection, segregated accounts, and has contracted with a leading Web Application Firewall (WAF) provider to protect their infrastructure and servers from web threats such as SQL injection and XSS attacks, blocking harmful traffic.

Market Instruments

Account Type

WeekendFX keeps things simple with two account types: STANDARD and DEMO. Both offer the same leverage ratio of 100:1 and utilize floating spreads. The minimum deposit to open a STANDARD acccount is as high as 1,000 USD. The accepted currencies are USD and JPY.

Leverage

WeekendFX offers the maximum leverage available is 100:1 on forex trading. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

WeekendFX empowers traders with two industry-leading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).