Score

1.47 /10
Danger

WinFxTrade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.66

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

WinFxTrade · Company summary

Since WinFxTrades official website cannot be opened for now, we could only piece together the rough picture of this broker by gathering some relevant information from other websites.

Basic Information
Registered Countries United Kingdom
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread From 0.0 pips
Trading Platform Webtrader
Trading Assets N/A
Payment Methods N/A
Customer Support Email, Twitter, Facebook

General Information

WinFxTrade is an offshore broker registered in the United Kingdom, giving their clients access to a series of trading instruments. However, here we are stuck in this tough situation: we could neither open this brokers official website, nor we could find any relevant information.

WinFxTrade claims that it is an online broker registered in the United Kingdom, and it is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.36/10. Please be aware of the risk.

wikifx-score

Leverage

Trading leverage cannot be found anywhere, and here is some rules set by many regulatory authorities: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

Only an email is provided for clients who have any inquiry to get in touch with this broker.

Alternatively, you can also follow this WinFxTrade on some social media platforms, such as Facebook and Twitter.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None No regulation
Insufficient Website information
Inaccessible website
Poor customer support

Frequently Asked Questions

Is WinFxTrade regulated?

No, WinFxTrade is not regulated.

What trading instruments can I trade with on WinFxTrade

What trading assets provided by WinFxTrade is not mentioned anywhere.

How can I get in touch with WinFxTrade?

Only an email is provided for clients to get in touch with this broker.

User Reviews

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User comment

3

Comments

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.7726
more than one year
I was introduced here by a friends, but this broker shut down its official website before I made deposits. Thankfully, they did not cheat on me, this poor man.
I was introduced here by a friends, but this broker shut down its official website before I made deposits. Thankfully, they did not cheat on me, this poor man.
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2023-03-02 10:46
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FX1131003933
more than one year
In the beginning, everything was amazing but very soon after my first deposit I was pressured to invest more and when I requested to withdraw my funds I was left in the dark with no support and no money.
In the beginning, everything was amazing but very soon after my first deposit I was pressured to invest more and when I requested to withdraw my funds I was left in the dark with no support and no money.
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2022-12-12 17:13
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