Score

1.79 /10
Danger

WinnerFX

Seychelles

2-5 years

Suspicious Regulatory License

High potential risk

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.70

Risk Management Index0.00

Software Index6.13

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

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-09-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

WinnerFX · Company summary

WinnerFX Review Summary
Founded2015
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Metals, Crypto Currency, Shares, Spot Energy
Demo AccountAvailable
Trading PlatformMetaTrader 4
Max Leverage1:500
SpreadFloating
Min Deposit$10
Commission0
Customer SupportLive Chat: 7/24 Automated Service
Tel: +44 203 813 01 92; +41 225 962 26 66; +971586976559
Email: support@winnerfx.com; Legal@winnerfx.com
Regional RestrictionUnited States and other North and South American Countries

WinnerFX's Information

WinnerFX is a financial services and forex brokerage firm founded in 2015, registered in Saint Vincent and the Grenadines, and is not subject to any regulation. Winnerfx offers various market tools, including forex, metals, cryptocurrencies, stocks, and spot energy. But it does not serve clients from the United States or other North and South American countries.

WinnerFXs homepage

Pros & Cons

ProsCons
Versatile Trading AccountsRegional Restrictions
Zero CommissionUnregulated

Pros:

Versatile Trading Accounts: WinnerFX offers a range of trading accounts including Standard, ECN, and ECN Pro.

Zero Commission: Since there are no fees being charged on WinnerF, traders are free to keep all of their earnings.

Cons:

Regional Restrictions: WinnerFX does not service users from the United States or other North and South American countries.

Unregulated: The brokerage is unregulated, which means its practice is not supervised by any official bodies and its unlegal behaviour may not be found and be held accountable.

Is WinnerFX Legit?

Since WinnerFX is not formally regulated, questions about its validity and protection may arise. It is wise for potential traders to be careful, do a thorough research, and consider the risks of trading on an unregulated platform.

No license

Market Instruments

Forex: WinnerFX provides Forex trading including major, minor, and exotic currency pairs. It supports MT4 for desktop, mobile, and web,and offers tools for detailed analysis and trading.

Metals: WinnerFX offers precious metals trading like gold, silver, platinum, and palladium, as well as industrial metals. Traders benefit from competitive spreads, flexible leverage up to 1:500.

Crypto Currency: WinnerFX offers cryptocurrency trading, including Bitcoin, Ethereum, and so on. The platform supports 24/7 trading and offers market analysis and expert insights.

Shares: In WinnerFX, users can trade shares, like NYSE and NASDAQ.

Spot Energy: WinnerFX offers Spot Energy trading, like Brent Crude Oil, WTI Crude Oil, and Natural Gas. The platform offers 24/5 access to global energy markets.

Market Instruments

Account Types

WinnerFX offers three types of trading accounts. The Standard Accounts are suitable for most traders with flexible deposit requirements. ECN Accounts with higher minimun deposits are suited for traders perfer lower spreads and commissions. The ECN Pro Accounts are suitable for high-capital traders.

Account TypeLeverageMin DepositCommissionSpread
StandardUp to 1:33-1:500$50NoFloating
ECN$10,00Yes
ECN Pro$10,000$6Lower than ECN
Standard account

ECN account

ECN Pro account

Leverage

WinnerFX offers flexible leverage across its trading accounts, ranging from 1:33 to 1:500. The high leverage enables traders to control larger positions with relatively small capital. However, it also increases the risk of losses.

Spread & Commission

The Standard account has no commission and features floating spreads, while the ECN account charges commissions and has floating spreads. The ECN Pro account also has floating spreads and charge a $6 commission.

Trading platform

WinnerFX supports trade through MetaTrader 4 (MT4)in iOS, macOS, Windows, and Android supporting multiple languages for global traders. It also offers advanced charting tools and real-time market data. MT4 is a powerful trading tool for traders seeking reliability.

Trading Tools

To assist users in making better choice and planning trades, WinnerFX offers relevant market news. Regular updates keep traders informed about market developments and trends.

Market news

Customer Support

WinnerFX offers comprehensive customer support to its clients:

  • Live Chat: WinnerFX offers a live chat service available 24 hours a day, 7 days a week.
  • Email:support@winnerfx.com for general inquiries, Legal@winnerfx.com for legal matters.
  • Tel:+971586976559
  • FAQ: WinnerFX's FAQ covers a range of topics including account management, deposits, and withdrawals.
Live chat
FAQ page

Conclusion

WinnerFX offers a range of trading services, featuring diverse account types, and advanced trading platforms. Despite its robust trading tools and global market access, WinnerFX lacks official regulation, which is risky for investor.

Q&A

Is WinnerFX suitable for beginners ?

No, WinnerFX is not an advisable option for all traders, included beginners, as it is unregulated.

What is the leverage offered by WinnerFX?

WinnerFX offers leverage ranging from 1:33 to 1:500, depending on the account type and trading instrument.

What is the minimum deposit of WinnerFX?

The minimum deposit required by WinnerFX varies by account type, starting from $50 for a Standard account $100,0 for ECN account and $10,000 for an ECN Pro account.

Are there regional restrictions on the services provided by WinnerFX?

Yes, WinnerFX imposes regional restrictions that not service users in the United States, as well as other nations within North and South America.

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.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment