Webears Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-18 10:51

Abstract：　　Webears is an unregulated broker based in Saint Lucia. It provides trading in a wide range of financial instruments, such as Forex, CFDs, cryptocurrencies, and NFT indices. The platform provides MetaTrader 5, algorithmic trading, Islamic accounts, and passive income potential, but it does not provide regulatory monitoring.

Webears Review Summary
Founded	2011
Registered Country/Region	Saint Lucia
Regulation	No regulation
Market Instruments	Forex, Metals, CFD Commodities, CFD Indices, CFD Stocks, Cryptocurrencies, NFT Indices
Demo Account	/
Islamic Account	✅
Leverage	Up to 1:1000
Spread	/
Trading Platform	MetaTrader 5 (MT5)
Minimum Deposit	$250
Customer Support	Email: office@webears.com

Webears Information

　　Webears is an unregulated broker based in Saint Lucia. It provides trading in a wide range of financial instruments, such as Forex, CFDs, cryptocurrencies, and NFT indices. The platform provides MetaTrader 5, algorithmic trading, Islamic accounts, and passive income potential, but it does not provide regulatory monitoring.

Pros and Cons

Pros	Cons
Wide range of tradable instruments	No regulation
Supports algorithmic and swap-free accounts	Limited fee information
MetaTrader 5 available	High minimum deposit
	No direct contact channel
	Unknown payment methods

Is Webears Legit?

　　Webears is registered in Saint Lucia, although it is not regulated by the country's financial authorities. Please be aware of the risk!

　　According to WHOIS records, the domain webears.com was registered on August 15, 2011, last updated on August 15, 2024, and is valid until August 15, 2025. It presently uses Cloudflare's DNS services.

What Can I Trade on Webears?

　　Webears provides a wide range of financial instruments, including Forex, CFDs, cryptocurrencies, and NFT indices, as well as support for algorithmic trading, Islamic accounts, hedge funds, and technical/fundamental analysis tools. The platform also promotes passive income opportunities, affiliate schemes, and global trading competitions.

Tradable Instruments	Supported
Forex	✔
Metals	✔
CFD Commodities	✔
CFD Indices	✔
CFD Stocks	✔
Cryptocurrencies	✔
NFT Indices	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Webears has three live account types: standard, Islamic (swap-free), and algorithmic.

　　All accounts demand a $250 minimum deposit, offer high leverage of up to 1:1000, and access Forex, CFDs, Crypto, and NFT indices using MetaTrader 5.

　　The Islamic account is Sharia-compliant, has no swaps, and charges a $10 fee each lot, whereas the Algorithmic account is designed for AI/ML-driven automated trading.

Account Type	Standard	Islamic (Swap-Free)	Algorithmic
Suitable for	Experienced manual traders	Muslim traders (Sharia compliant)	Automated/AI & ML strategy traders
Swap-Free	✘	✔	✘
Minimum Deposit	$250		$250+
Forex Contract Size	1 lot = 100,000 units
Commission	$0	$10 per lot	Depends on algo execution
Margin Call Level	100%
Stop Out Level	20%
Hedge Margin	50%
Min Trade Size	0.01 lot
Max Orders	Unlimited
Execution Type	Market Execution
Leverage	Up to 1:1000
Requotes	✘
Personal Manager	From $10,000 deposit
Phone Dealing	✔
Trading Hours	Crypto: 24/7; Forex: Mon–Fri

Leverage

　　Webears provides maximum leverage of up to 1:1000 on all account categories, allowing traders to manage large positions with minimal deposits. High leverage can maximize income, but it also considerably raises the chance of loss.

Webears Fees

　　Webears' costs range from low to somewhat more than industry standards, depending on the account type. While the Standard account charges no commission each lot, the Islamic (Swap-Free) account charges a $10 commission every lot.

Account Type	Commission	Swap-Free
Standard	$0	✘
Islamic (Swap-Free)	$10 per lot	✔
Algorithmic	Depends on strategy	✘

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5 (MT5)	✔	Windows, macOS, Android, iOS, Web	Experienced traders
MetaTrader 4 (MT4)	✘	–	Beginners