Abstract:Walt Markets, founded in 2023 and registered in Saint Vincent and the Grenadines, is an unregulated trading platform offering CFDs on forex and stocks. It provides access to MetaTrader 4 and 5, with leverage up to 1:2000, a minimum deposit of $15, and spreads starting at 0.0 pips. The platform charges no commission for standard account and supports demo accounts.
Note: Walt Markets' official website: https://www.waltmarkets.com/ is currently inaccessible normally.
Walt Markets Review Summary | |
Founded | 2023 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | No Regulation |
Market Instruments | CFD Forex; CFD Stocks |
Demo Account | ✅ |
Leverage | Up to 1:2000 |
Spread | From 1.8 pips (Standard account) |
Trading Platform | MetaTrader 4 and 5 |
Min Deposit | $15 |
Customer Support | Address: Suite 305, Griffith Corporate Centre, Beachmonth, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines |
24/7 live chat, contact form | |
Regional Restrictions | Afghanistan, Iran, ISIL, Libya, Mali, Somalia, Sudan, Yemen, Sri Lanka, Russia, etc. |
Walt Markets, founded in 2023 and registered in Saint Vincent and the Grenadines, is an unregulated trading platform offering CFDs on forex and stocks. It provides access to MetaTrader 4 and 5, with leverage up to 1:2000, a minimum deposit of $15, and spreads starting at 0.0 pips. The platform charges no commission for standard account and supports demo accounts.
Pros | Cons |
Demo accounts available | No regulation |
Diverse account types | Non-functional website |
Low minimum deposit | Limited trading markets |
Commission-free on the Standard account | Wide spreads |
Regional restrictions |
At present, Walt Markets lacks valid regulation. Its domain was registered on Nov 1, 2023, and expired on Nov 1, 2024. Its website can't be visited currently. We advise you to look for another regulated one.
Tradable Instruments | Supported |
CFDs on Forex | ✔ |
CFDs on Stocks | ✔ |
Commodities | ❌ |
Indices | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Walt Markets offers five types of accounts.
Account Type | Standard | Prime RAW | Prime Platinum | cTrader Standard | cTrader ECN |
Min Deposit | $15 | $150 | $15 | $150 | |
Max Leverage | 1:2000 | 1:500 | 1:2000 | 1:500 | |
Spread | From 1.8 pips | From 0.0 pips | |||
Commission | ❌ | $7/lot | |||
Trading Platform | MT4 | MT4 ECN | MT5 | cTrader | cTrader ECN |
The max leverage for Standard and cTrader Standard accounts is up to 1:2000. Prime RAW, Prime Platinum, and cTrader ECN accounts offer up to 1:500 leverage. 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.
The Standard and cTrader Standard accounts offer spreads starting from 1.8 pips, with no commission. The Prime RAW, Prime Platinum and cTrader ECN accounts provide spreads from 0.0 pips and a commission of $7 per lot.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | iOS, macOS, Windows, and Android | Beginners |
MT5 | ✔ | iOS, macOS, Windows, and Android | Experienced traders |
Discover the key risks and downsides of forex trading, including market volatility, leverage dangers, and emotional challenges. Learn how to trade wisely.
eToro is an intuitive online trading platfrom that features social trading solutions, a unique being in the industry, with great popularity among both novices and seasoned traders. On the eToro platform, traders can trader over greater amount of stocks and ETFs with zero commission charged,anencouraging feature was later adopted by many of its competitors. 55 currencies can be traded, with spreads starting at 1 pip (typically on the euro/usd pair), not that competitive, and a trading fee of 1% trading fee of 1% applies to crypto trading. Opening a trading account is quite easy for investors, and demo accounts (funded with $100,000 virtual money) are also provided to enhance beginners' trading courage. However, a major disencouraging point is that this broker has a more limited platform options, only eToro proprietary trading platform and MetaTrader (MT4) supported.
EBSWARE Prop introduces a white-label solution for Forex brokers, featuring trading tournaments, multi-platform integration, and affiliate systems to boost user engagement.
Founded in 1983, City Index is a long-established online trading platform specializing in CFDs on an extensive range of markets covering Indices, Shares, Forex, Gold & Silver, Commodities , spread betting (for UK clients only) , future trading. City Index features comparably low forex trading fees, simple and quick account opening process, ideal for retail investors to experience trading process here. However, this broker does not support social trading and provides limited cryptocurrency choices.