Abstract:Forex Wise Investments presents itself as an AI-oriented crypto-trading, forex-trading and real estate investment company authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033, claiming to provide its clients with the industry-standard MetaTrader4 and MetaTrader5 trading platforms, leverage up to 1:1000, variable spreads as low as 0 pips on various tradable assets, as well as a choice of three different investment plans and 24/5 customer support service.
General Information & Regulation
Forex Wise Investments presents itself as an AI-oriented crypto-trading, forex-trading and real estate investment company authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033, claiming to provide its clients with the industry-standard MetaTrader4 and MetaTrader5 trading platforms, leverage up to 1:1000, variable spreads as low as 0 pips on various tradable assets, as well as a choice of three different investment plans and 24/5 customer support service.
Market Instruments
Forex Wise Investments that it is a multi-asset platform with a wide range of trading instruments in financial markets, including forex, commodities, indices and cryptocurrency of bitcoins.
Investment Plans
There are three live investment plans offered by Forex Wise Investments, apart from demo accounts, namely Short Term, Classic Plan and Pro Plan. Starting the Short Term requires the minimum initial investment amount of $500, while the other two investment plans with a much higher minimum initial capital requirements of $1,000 and $5,000 respectively.
Leverage
The maximum leverage ratio provided by Forex Wise Investments is much higher than most brokers, up to 1:1000. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Forex Wise Investments claims that it offers its clients variable spreads as low as 0 pips and low commissions.
Trading Platform Available
When it comes to trading platforms available, Forex Wise Investments gives traders the worlds most widely-used MetaTrader4 and MeatTrader5 trading platforms, both available on desktop and Android. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results. While the MT4 and MT5 mobile apps, trading can be done from anywhere and at any time through the right mobile terminals.
Tools
Also, Forex Wise Investments provides its clients with some tools including diversifying your portfolio, one-click trading, trading calculators and VPS hosting service.
Deposit & Withdrawal
From the logos shown at the foot of the home page on Forex Wise Investments official website, we found that this broker seems to accept numerous means of deposits and withdrawals choices, consisting of Visa Secure, Visa, MasterCard, Maestro, wire transfers, Skrill and Neteller, yet we cannot be sure if these payment options are all available. The minimum investment requirement is $500.
Bonuses
Forex Wise Investments claims to offer 100% Supercharged Bonus, 100% Credit Bonus and 30% Rescue Bonus, yet we cannot be sure if the bonus is really available without any condition.
Customer Support
Forex Wise Investments‘ customer support can be reached by telephone: +27664349060, email: info@forexwiseinvestments.com or live chat. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
In recent years, the Middle East has emerged as a dynamic Forex trading hub, fueled by the region's growing economy, technological advancements, and increasing investor sophistication. This article explores the legality of Forex trading in key Middle Eastern countries.
eToro strengthens its Australian market presence with the $80M AUD acquisition of Spaceship, expanding its long-term savings and superannuation offerings.
OANDA Japan Inc., a subsidiary of the global online broker OANDA Corporation, has announced the termination of its Tokyo Server MT4 Discretionary Plan. The broker has notified its clients that the plan will no longer be available after December 13, 2024, marking a shift in the company's services for clients using the MetaTrader 4 (MT4) platform in Japan.
In the midst of the 2021 crypto and NFT boom, celebrities flocked to the burgeoning market of digital assets, promoting Non-Fungible Tokens (NFTs) as the next big thing. Fast forward to 2024, the glitter has faded, and many celebrity-endorsed NFTs have lost their allure. The question remains: what happened to celebrities’ NFTs, and why should this serve as a stark reminder for everyday investors?