WayOne FX Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-31 12:15Abstract：Founded in 2023, WayOne FX is an unregulated broker, offering trading on stocks, forex, indices, metals, crypto and futures with leverage up to 1:500 and spread from 1.8 pips on the MT5 trading platform. Demo accounts are available and the minimum deposit requirement is $100.
| WayOne FX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Stocks, forex, indices, metals, cryptos, futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.8 pips (Classic account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Contact form |
| Tel: +971 4 5541822 | |
| Email: support@wayonefx.com | |
| Facebook, instagram, youtube, telegram | |
WayOne FX Information
Founded in 2023, WayOne FX is an unregulated broker, offering trading on stocks, forex, indices, metals, crypto and futures with leverage up to 1:500 and spread from 1.8 pips on the MT5 trading platform. Demo accounts are available and the minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Multiple account types | Wide spreads |
| Commission-free account offered | |
| MT5 platform | |
| Popular payment options |
Is WayOne FX Legit?
No. WayOne FX currently has no valid regulations. Please be aware of the risk!
What Can I Trade on WayOne FX?
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptos | ✔ |
| Futures | ✔ |
| Commodities | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types WayOne FX offers:
| Account Type | Min Deposit |
| Classic | $100 |
| PRO | $1,000 |
| ECN | $2,500 |
| VIP | $5,000 |
Leverage
| Account Type | Max Leverage |
| Classic | 1:500 |
| PRO | 1:500 |
| ECN | 1:200 |
| VIP | 1:200 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
WayOne FX Fees
| Account Type | Spread | Commission |
| Classic | From 1.8 pips | ❌ |
| PRO | From 1.4 pips | ❌ |
| ECN | From 0.8 pips | $6 |
| VIP | From 0.8 pips | $10 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, Android | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via bank wire, skrill, Neteller, VISA, JCB, etc.
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