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No Regulation
Score
1.19 /10
Danger
Walt Markets
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.52
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-10
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Walt Markets' official website: https://www.waltmarkets.com/ is currently inaccessible normally.
| Walt Markets Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No Regulation |
| Market Instruments | CFD Forex; CFD Stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 1.8 pips (Standard account) |
| Trading Platform | MetaTrader 4 and 5 |
| Min Deposit | $15 |
| Customer Support | Address: Suite 305, Griffith Corporate Centre, Beachmonth, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines |
| 24/7 live chat, contact form | |
| Regional Restrictions | Afghanistan, Iran, ISIL, Libya, Mali, Somalia, Sudan, Yemen, Sri Lanka, Russia, etc. |
Walt Markets, founded in 2023 and registered in Saint Vincent and the Grenadines, is an unregulated trading platform offering CFDs on forex 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 and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| Diverse account types | Non-functional website |
| Low minimum deposit | Limited trading markets |
| Commission-free on the Standard account | Wide spreads |
| Regional restrictions |
Is Walt Markets Legit?
At present, Walt Markets lacks valid regulation. Its domain was registered on Nov 1, 2023, and expired on Nov 1, 2024. Its website can't be visited currently. We advise you to look for another regulated one.
What Can I Trade on Walt Markets?
| Tradable Instruments | Supported |
| CFDs on Forex | ✔ |
| CFDs on Stocks | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Walt Markets offers five types of accounts.
| Account Type | Standard | Prime RAW | Prime Platinum | cTrader Standard | cTrader ECN |
| Min Deposit | $15 | $150 | $15 | $150 | |
| Max Leverage | 1:2000 | 1:500 | 1:2000 | 1:500 | |
| Spread | From 1.8 pips | From 0.0 pips | |||
| Commission | ❌ | $7/lot | |||
| Trading Platform | MT4 | MT4 ECN | MT5 | cTrader | cTrader ECN |
The max leverage for Standard and cTrader Standard accounts is up to 1:2000. Prime RAW, Prime Platinum, and cTrader ECN accounts offer up to 1:500 leverage. 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.
Spread and Commission
The Standard and cTrader Standard accounts offer spreads starting from 1.8 pips, with no commission. The Prime RAW, Prime Platinum and cTrader ECN accounts provide spreads from 0.0 pips and a commission of $7 per lot.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS, macOS, Windows, and Android | Beginners |
| MT5 | ✔ | iOS, macOS, Windows, and Android | Experienced traders |
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