Walt Markets

Walt Markets' Information

Walt Markets, founded in 2023 and registered in Saint Vincent and the Grenadines, is an unregulated trading platform offering CFDs on foreign exchange and stocks. It provides access to MetaTrader 4 and 5, with leverage up to 1:2000, a minimum deposit of $15, and spreads starting at 0.0 pips. The platform charges no commission for standard account and supports demo accounts.

Pros & Cons

Pros:

Versatile Trading Accounts: Walt Markets offers various account types suitable for different trading styles.

Zero Commission: The platform does not charge a commission per lot, which can reduce trading costs for users.

Cons:

Unregulated: Walt Markets operates without formal regulatory oversight, which can increase the risk for traders as there are no guarantees of compliance with industry standards or protection in case of disputes.

Regional Restrictions: The platform is restricted in several countries, including Afghanistan, Iran, and Russia, limiting access for potential users in these regions.

Limited Trading Instruments: The platform primarily offers CFDs on foreign exchange and stocks, which may not be sufficient for traders seeking a broader range of market instruments.

Is Walt Markets Legit？

According to Wikifx, Walt Markets operates without official regulation. But Walt Markets demonstrates that it has endorsements from several leading financial commissions. Walt Markets is a member of The Financial Commission, an independent dispute resolution organization for Forex traders, and it claims to be regulated by the Australian Securities and Investments Commission (ASIC). Despite these regulatory claims, users should still exercise caution and thoroughly verify Walt Markets' status.

Market Instruments

CFD Foreign Exchange: Waldora Company offers a competitive edge in FOREX CFD trading with over 27 pairs, featuring raw spreads from 0.0 pips for seamless execution and no requotes. With high leverage up to 1:2000 and micro lot trading at 0.1, coupled with 24/7 customer support, it is suitable specifically for high-volume traders seeking optimal trading conditions.

CFD Stocks: Waldora Company offers opportunity to trade CFD stocks from globally renowned exchanges like the NYSE. With options, indexes, shares, and commodities available, traders can leverage raw spreads starting from 0.0 pips on a demo trading account, ensuring optimal pricing and execution without restrictions or requotes. Coupled with high leverage up to 1:2000, micro lot trading at 0.1, and 24/7 customer support, Waldora stands out as a good choice for high-volume traders.

Account Types

Walt Markets offers five distinct account types:

Standard: Ideal for beginners with a low starting deposit of $15 and competitive spreads from 1.8 pips. No commission is charged per lot, and leverage up to 1:2000 is available.

Prime RAW: Designed for novice and expert traders, this account features tight spreads from 0.0 pips and a modest commission of $7 per lot. It requires a $150 starting deposit and offers leverage up to 1:500.

Prime Platinum: Suitable for experienced traders, this account offers similar features to the Prime RAW account but with an emphasis on premium trading conditions. It also requires a $150 starting deposit and provides leverage up to 1:500.

cTrader Standard: Catering to traders who prefer cTrader, this account has spreads starting from 0.0 pips and a $15 starting deposit. Leverage up to 1:2000 is available, with a $7 commission per lot.

cTrader ECN: Ideal for both novice and expert traders, this account offers tight spreads from 0.0 pips and a $150 starting deposit. It also includes a $7 commission per lot and leverage up to 1:500.

Leverage

Walt Markets provides flexible leverage options across its account types, with the Standard and cTrader Standard accounts offering up to 1:2000 leverage for more aggressive trading strategies. In contrast, the Prime RAW, Prime Platinum, and cTrader ECN accounts offer a maximum leverage of 1:500, suitable for traders seeking more conservative leverage levels.

Standard Account: Up to 1:2000

Prime RAW Account: Up to 1:500

Prime Platinum Account: Up to 1:500

cTrader Standard Account: Up to 1:2000

cTrader ECN Account: Up to 1:500

Spreads & Commissions

The Standard and cTrader Standard accounts have spreads starting from 1.8 pips, with no commission charged per lot. The Prime RAW and Prime Platinum accounts feature tighter spreads from 0.0 pips and a commission of $7 per lot. The cTrader ECN account also has spreads from 0.0 pips and a $7 commission per lot.

Trading platform

Walt Markets offers MetaTrader 4 and MetaTrader 5 across iOS, macOS, Windows, and Android platforms, providing a easy trading experience. MetaTrader 4 features a user-friendly interface, advanced charting tools, automated trading with Expert Advisors (EAs), one-click trading, and multiple timeframes. It supports multi-language options and ensures data security and platform stability. Additionally, it includes built-in chat and real-time news feeds for enhanced market awareness. MetaTrader 5 builds on these features with additional advanced capabilities, making it suitable for both novice and experienced traders.

Trading Tools

Walt Markets provides an Economic Calendar essential for effective trading strategies. It features upcoming economic releases, historical events, consensus estimates, and projected volatility. Recent highlights include significant market movements such as the S&P 500 and Nasdaq Composite declines amidst risk-off sentiment, and the Dow Jones extending its bullish trend. This tool offers insights to formulate strategies, manage risk, and adjust position sizes effectively.

Research & Education

Walt Markets Trading School: Trading School offers a comprehensive educational program. The curriculum covers fundamental and advanced trading concepts, such as Support & Resistance and Fundamental Analysis. After completing each lesson, users can test their knowledge with quizzes and earn Loyalty Points. These points can be redeemed for exclusive Walt Markets merchandise. The integrated tracking system helps monitor users' progress and areas for improvement.

Customer Support

Walt Markets offers two ways for its clients to contact:

• Live Chat: For those seeking an immediate response, Walt Markets provides a live chat service available 24 hours a day, 5 days a week.
• Email: Walt Markets does not provide a direct email address. Instead, inquiries can be made through the “Email Us” option on their partner page. Users need to enter their name, email address, and the question or issue they wish to discuss to receive a response.

Conclusion

Walt Markets, a financial services provider, offers diverse account types featuring varying spreads, commissions, and leverage options. However, Walt Markets lacks regulatory approval and operates under regional restrictions.

Q&A

Is Walt Markets suitable for beginners ？

No, Walt Markets is not an advisable option for beginners as it is unregulated.

What is the leverage offered by Walt Markets？

Walt Markets offers leverage up to 1:2000 on the Standard and cTrader Standard accounts, and up to 1:500 on the Prime RAW, Prime Platinum, and cTrader ECN accounts.

How much is the minimum deposit of Walt Markets？

$15.

Are there regional restrictions on the services provided by Walt Markets？

Yes, Walt Markets imposes regional restrictions. It doesn't provide service for users in Afghanistan, Iran, ISIL, Libya, Mali, Somalia, Sudan, Yemen, Sri Lanka, Russia, and so on.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.