Score

1.40 /10
Danger

WEEX

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
Website

Score

Regulatory Index0.00

Business Index6.17

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

WEEX · Company summary

Note: WEEX's official website - https://www.weex.fund/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

WEEX Review Summary
Founded2021
Registered Country/RegionChina Hong Kong
RegulationNo regulation
Market InstrumentsForex, indices, commodities, stocks, precious metals, energies, cryptocurrencies
Demo Account/
Leverage1:100
SpreadFrom 0.3 pips (Standard account)
Trading PlatformMT5
Min Deposit$10
Customer SupportEmail: offical@weex.fund

Founded in 2021, WEEX is an unregulated broker registered in China Hong Kong. WEEX offers many trading assets, such as forex, indices, commodities, stocks, precious metals, energies, and cryptocurrencies. It also provides MT5 for investors, but the only way to get in touch is by email.

WEEX's homepage

Pros and Cons

ProsCons
Diverse trading productsNo regulation
Various account typesOnly email support
Flexible leverage ratios
Tight spreads
MT5 support
Multiple payment options
Low minimum deposit

Is WEEX Legit?

No, WEEX is not regulated by regulatory institutions. Regulated status means a safer investment; conversely, an unregulated trader must be aware of investment risks.

No license
Domain information

What Can I Trade on WEEX?

Tradable InstrumentsSupported
Forex
Precious Metals
Energies
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on WEEX?

Account Type

Account TypeMin Deposit
StandardDepends on payment system
Cents/
Bare Spot$2,000
Zero Point$2,000
Pioneer$2,000
Account comparison 1
Account comparison 2

Leverage

WEEX offers clients flexible leverage options for all investment products, ranging from 1:1 to 1:100. 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.

WEEX Fees

Account TypeSpreadCommission
StandardFrom 0.3 pips
Cents
Bare SpotFrom 0.0 pipsUp to $3.5/lot (one way)
Zero PointMinimum USD 0.1/lot (one way)
PioneerFrom 0.1 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5PC, MobileExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

Payment OptionMin DepositDeposit TimeMin WithdrawalWithdrawal Time
Bitcoin$10Up to 72 hours$10Up to 72 hours
BankcardImmediate$3
Bitake$100--
China UnionPay$160--
FlashEx$350$500Immediate
Skrill$10$10
Neteller$4
otc365$85$85
Perfect Money$50$2
SticPay$10$1
TetherUp to 72 hours$100Up to 72 hours
WebmoneyImmediate$1Immediate
Deposit and Withdrawal

User Reviews

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User comment

3

Comments

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李国东
more than one year
Metatrader allows to select lot size from 0.01 lot, but when the EA, based on that, tried to put an order like 0.05. It got an error. Wrong lot size. With that inconsistency, any EA will not be able to perform on automatic lot size based on money management.
Metatrader allows to select lot size from 0.01 lot, but when the EA, based on that, tried to put an order like 0.05. It got an error. Wrong lot size. With that inconsistency, any EA will not be able to perform on automatic lot size based on money management.
Translate to English
2022-12-19 12:24
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花田大叔(彤的天)
more than one year
直接進行真實交易風險太大了,最好還是選擇那些提供模擬帳戶的受監管的交易商。 選擇交易商一定要慎重,進行真實交易前一定要先模擬練習一下!
直接進行真實交易風險太大了,最好還是選擇那些提供模擬帳戶的受監管的交易商。 選擇交易商一定要慎重,進行真實交易前一定要先模擬練習一下!
Translate to English
2022-12-15 16:19
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