Score

1.53 /10
Danger

We One Limited

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

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Comparison

Quantity 22

Exposure

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Score

Regulatory Index0.00

Business Index7.13

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Company Name

We One Limited

Company Abbreviation

We One Limited

Platform registered country and region

Vanuatu

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 21 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

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Pyramid scheme complaint
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    We One Limited · Company summary
    Aspect Details
    Company Name We One Limited
    Registered Country/Area Vanuatu
    Founded Year 2018
    Regulation Unauthorized by NFA
    Minimum Deposit 100USD
    Maximum Leverage Up to 1:200
    Spreads Start from 0.6 pips
    Trading Platforms MetaTrader 4 (MT4)
    Tradable Assets Forex, indices, cryptocurrencies, stocks, commodities
    Account Types PRIME and ELITE account
    Customer Support Phone : +1 785-527-9139,email: SUPPORT@WEONEMARKETS.COM
    Deposit & Withdrawal Credit cards,Debit cards, PayPal, Wire transfer
    Educational Resources Tutorials, webinars, articles, market analysis, economic calendar

    Overview of We One Limited

    Founded in 2018, We One Limited is an online broker registered in Vanuatu. We One Limited offers a diverse range of trading assets, allowing investors to explore opportunities across categories such as forex, indices, cryptocurrencies, stocks, and commodities. The platform caters to various trading preferences by providing versatile account types, accommodating different risk tolerances and financial goals. Traders also benefit from flexible leverage options, enabling them to effectively amplify their positions. However, it's crucial to note that the company currently operates without authorization from regulatory bodies. We One Limited holds a Common Financial Service License (License No. 0531950) issued in Vanuatu.

    Overview of We One Limited

    Is We One Limited legit or a scam?

    We One Limited is currently operating without authorization. The company holds a Common Financial Service License, License No. 0531950, issued in Vanuatu. However, it's important to note that this license does not provide sharing privileges and is not recognized by regulatory agencies in the United States, such as the National Futures Association (NFA). We One Limited's regulatory status remains unauthorized, and traders should exercise caution when considering its services.

    Is We One Limited legit or a scam?

    Pros and Cons

    We One Limited provides a diverse range of trading assets, allowing investors to explore various opportunities across different categories, such as forex, indices, cryptocurrencies, stocks, and commodities. Secondly, the platform offers versatile account types, accommodating a wide range of trading preferences. Traders can choose between different account options that suit their risk tolerance and financial goals. Additionally, We One Limited provides flexible leverage options, enabling traders to amplify their positions effectively.

    However, We One Limited also faces certain disadvantages. Firstly, it operates without clear regulatory authorization, which may raise concerns among some traders about the platform's reliability and security. Secondly, the platform imposes fees on specific payment methods, potentially affecting the overall cost of trading.

    Pros Cons
    User-friendly interface Lack of Regulatory Authorization
    Versatile Account Types Fees Associated with Certain Payments
    Flexible Leverage Options Potential Geographic Restrictions
    Multilingual 24/5 Customer Support
    Availability of Supported EA

    Market Instruments

    We One Limited provides traders with a well-rounded selection of financial instruments, primarily centered around Forex currency pairs, indices, and commodities. While some brokers offer a more extensive range of trading assets, We One Limited' focus on these key asset classes can be advantageous for traders seeking specialized exposure.

    1. Forex Currency Pairs: We One Limited stands out with its comprehensive offering of Forex currency pairs. Traders have access to major, minor, and exotic currency pairs, allowing them to capitalize on the dynamic and highly liquid Forex market. This broad selection can cater to the preferences of both new and experienced traders looking to navigate currency fluctuations and capitalize on global economic trends.

    2. Indices: The platform provides access to global indices, enabling traders to participate in the performance of major stock markets. With indices such as the Dow Jones, S&P, Nasdaq, DAX, and CAC available, traders can align their strategies with broader economic trends and international market movements.

    3. Commodities: We One Limited offers a selection of commodities, including precious metals like gold and silver, as well as energy commodities like oil. These commodities provide traders with options for diversification and the opportunity to hedge against economic uncertainties.

    Account Types

    We One Limited offers two distinct account types, PRIME and ELITE, tailored to meet the diverse needs of traders.

    PRIME Account:PRIME accounts provide traders with a leverage of up to 1:100, making it an ideal choice for those seeking a balanced level of risk. The minimum deposit required for a PRIME account is 50,001 USDT, offering accessibility to a wide range of traders. These accounts support Expert Advisors (EA), enabling automated trading strategies. Moreover, you can fund your PRIME account using various payment methods, including credit cards, debit cards, PayPal, and wire transfers. The platform's dedicated customer support is available 24/5 to assist PRIME account holders, ensuring you receive timely assistance whenever needed.

    ELITE Account:For traders looking for higher leverage and more flexibility, ELITE accounts provide leverage of up to 1:200. With a minimum deposit ranging from 100 to 50,000 USDT, ELITE accounts cater to both experienced and intermediate traders. Just like PRIME accounts, ELITE accounts support Expert Advisors (EA) for automated trading.

    Aspect PRIME ELITE
    Leverage 1:100 1:200
    Minimum Deposit 50,001 USDT 100 - 50,000 USDT
    Supported EA Yes Yes
    Payment Method Credit cards,Debit cards,PayPal,Wire transfer Credit cards,Debit cards,PayPal,Wire transfer
    Customer Support 24/5 24/5
    Account Types

    How to Open an Account?

    Opening an account with We One Limited is a straightforward process that can be broken down into six easy-to-follow steps:

    Step 1: Visit the We One Limited Website

    • Begin by opening your web browser and navigating to the official We One Limited website.

    Step 2: Click on “Sign Up” or “Open an Account”

    • Look for the “Sign Up” or “Open an Account” button on the website's homepage, usually located prominently. Click on it to initiate the registration process.

    Step 3: Fill in Your Personal Information

    • You will be directed to a registration form. Accurately fill in your personal details, including your full name, email address, phone number, and country of residence.

    Step 4: Create a Username and Password

    • Choose a unique username and a strong password for your trading account. Ensure that your password meets the security requirements provided on the registration form.

    Step 5: Verify Your Identity

    • Follow the instructions provided to verify your identity. This may involve submitting identification documents such as a passport or driver's license. Make sure to have these documents ready for uploading.

    Step 6: Fund Your Account

    • After your identity is successfully verified, you can fund your trading account. Select your preferred payment method (e.g., credit card, bank transfer, or cryptocurrencies) and deposit the minimum required amount specified by We One Limited.

    Once you've completed these six steps, your We One Limited trading account should be set up and ready for you to start trading.

    How to Open an Account?

    Leverage

    For PRIME account holders, the leverage available is set at 1:100, providing a significant level of position amplification. On the other hand, ELITE account holders enjoy even more leverage, with a generous ratio of 1:200. This range of leverage choices caters to traders with varying risk tolerances and allows them to customize their trading strategies accordingly.

    Aspect PRIME ELITE
    Leverage 1:100 1:200

    Spreads & Commissions

    We One Limited presents a minimum spread of 0.6 pips for EURUSD, 0.8 pips for EURAUD, and 3.6 pips for USDGBP. The platform asserts that these spreads are provided in real-time. In an objective evaluation, it's noteworthy that the currency spreads offered on the platform may not be considered highly competitive when compared to other options in the market.

    Trading Platform

    We One Limited extends access to the widely acclaimed MT4 trading platform, inclusive of MT4 Desktop and MT4 Mobile, to traders. MT4 is esteemed for its revolutionary automated trading system known as Expert Advisors, allowing traders to automate their trading strategies and execute trades automatically based on predefined criteria.

    Within the MT4 platform, traders have at their disposal an extensive repertoire of over 30 built-in technical indicators. These indicators serve as valuable tools for staying abreast of market trends, recognizing trade patterns, and receiving timely signals. Traders are empowered to make well-informed decisions by precisely identifying entry and exit points, all while benefiting from the user-friendly platform interface.

    Our MT4 platform boasts remarkable versatility, supporting multiple currencies and languages, guaranteeing a seamless and inclusive trading experience for a diverse global audience. Furthermore, traders with programming acumen can leverage the MQL4 language to craft customized trading programs aligning with their unique strategies.

    With We One Limited and the MT4 platform at your disposal, you can elevate your trading prowess, harness potent tools, and engage in trading with unshakable confidence, regardless of your experience level. Embark on your trading journey with us today to experience firsthand the difference we bring to your trading endeavors.

    Trading Platform

    Deposit & Withdrawal

    We One Limited provides you with a range of payment methods to cater to your preferences, ensuring a hassle-free trading experience. Here are the payment options available:

    Payment Methods:

    • Credit cards: We accept major credit cards such as Visa, Mastercard, American Express, and Discover.

    • Debit cards: Visa and Mastercard debit cards are also welcomed.

    • PayPal: For added convenience, we offer PayPal as a payment option.

    • Wire transfer: If you prefer bank transfers, this option is readily available.

    In terms of payment fees, it's essential to have transparency. Here are the associated fees:

    • Credit/Debit cards: A 3% fee will be applied to transactions.

    • PayPal: When using PayPal, a 4% fee is incurred.

    • Wire transfer: Opting for wire transfer comes with a fixed fee of $25.

    Additionally, We One Limited have specific minimum deposit requirements for each account type:

    • PRIME Account: A minimum deposit of 50,001 USDT is necessary.

    • ELITE Account: For ELITE accounts, the minimum deposit ranges from 100 to 50,000 USDT, offering flexibility to suit your trading preferences.

    Keep in mind that wire transfers typically take between 3 to 7 bank working days to process.

    Aspect PRIME ELITE
    Account Type PRIME ELITE
    Minimum Deposit 50,001 USDT 100 - 50,000 USDT

    Customer Support

    We One Limited ensures exceptional consumer support for traders. The multilingual customer support team can be reached through various contact options:

    Contact Numbers:

    • English: +1 785-527-9139

    • Chinese (Simplified): +1 785-527-9139

    Email Support:

    • General Inquiries: SUPPORT@WEONEMARKETS.COM

    • Alternate Email: support@WeOneMarkets.com

    Traders are welcome to reach out with questions, inquiries, or any assistance needed. The responsive support team is available in multiple languages, making communication convenient and efficient.

    Customer Support

    Educational Resources

    We One Limited offers a diverse array of educational resources to support traders in their journey to becoming more informed and proficient investors. These resources are thoughtfully designed to cater to traders of varying levels of experience, ensuring that both beginners and seasoned traders can benefit from our educational offerings.

    1. Tutorials: The tutorials cover a wide range of trading topics, providing traders with practical, step-by-step guidance. Whether you are new to trading or looking to refine your skills, these tutorials offer valuable insights to enhance your trading abilities.

    2. Webinars: The live webinars provide an interactive learning experience. Traders can participate in discussions on diverse topics, including market insights, trading strategies, risk management, and psychological aspects of trading. These webinars offer opportunities for traders to engage directly with presenters, making learning engaging and insightful.

    3. Articles: From analyses of market trends and news to comprehensive guides on trading techniques, thearticles serve as valuable references for traders seeking to expand their knowledge.

    4. Market Analysis: The platform provide regular market analyses to help traders understand current market conditions. These analyses cover various asset classes and offer insights that can aid in making informed trading decisions.

    5. Economic Calendar: The economic calendar keeps traders updated on significant economic events and their potential impact on the financial markets. This tool is essential for traders who incorporate fundamental analysis into their strategies.

    Educational Resources

    Conclusion

    In conclusion, We One Limited presents itself as a trading platform with notable advantages and disadvantages. On the positive side, the platform offers a wide range of trading assets, accommodates various account types, and provides versatile leverage options. Additionally, it places a strong emphasis on customer support, offering 24/5 assistance in multiple languages. However, some potential drawbacks include the lack of clear regulatory authorization, which may raise concerns for some traders, as well as fees associated with certain payment methods. While We One Limited provides an array of educational resources to support traders, the absence of a detailed regulatory framework and potential fees may be areas for consideration when evaluating this platform. Ultimately, the choice to trade with We One Limited should align with individual trading preferences and risk tolerance.

    FAQs

    Q: What types of accounts does We One Limited offer, and how do they differ?

    A: We One Limited provides two distinct account types: PRIME and ELITE.

    Q: How can I deposit funds into my We One Limited account?

    A: You can conveniently fund your We One Limited account through various payment methods, including credit cards, debit cards, PayPal, and wire transfers.

    Q: Does We One Limited support automated trading with Expert Advisors (EA)?

    A: Yes, both PRIME and ELITE account types support Expert Advisors (EA), enabling traders to implement automated trading strategies for increased efficiency and precision.

    Q: What is the minimum deposit required to open a PRIME account?

    A: To open a PRIME account, a minimum deposit of 50,001 USDT is required, making it accessible to a wide range of traders.

    Q: Is customer support available 24 hours a day, 7 days a week at We One Limited?

    A: We One Limited offers 24/5 customer support.

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    FX1230998294
    more than one year
    STAY AWAY FROM THEM!!!! They have my money! They are unreliable! You deposit money in the wallet but you can't withdraw them again. They keep asking for more deposits, which was unreasonable.
    STAY AWAY FROM THEM!!!! They have my money! They are unreliable! You deposit money in the wallet but you can't withdraw them again. They keep asking for more deposits, which was unreasonable.
    Translate to English
    2023-02-16 11:40
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    AAA.安稳96587
    more than one year
    The website of this company takes a long time for loading. I saw a lot of people on wikifx saying that this is a scam... On the one hand, I am very grateful to these people for telling me the truth, and on the other hand, I hope they can recover their funds as soon as possible.
    The website of this company takes a long time for loading. I saw a lot of people on wikifx saying that this is a scam... On the one hand, I am very grateful to these people for telling me the truth, and on the other hand, I hope they can recover their funds as soon as possible.
    Translate to English
    2022-12-15 09:39
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