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FXWings -

Score

1.52 /10
Danger

FXWings

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.fxwings.com

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.11

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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Broker Information

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Company Name

Wings Financial Services Limited

Company Abbreviation

FXWings

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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FXWings · Company summary

Note: FXWings' official website - https://www.fxwings.com is currently inaccessible normally.

FXWings Review Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsFX Pairs, Commodities, Indices, Global Equities
Demo Account/
LeverageUp to 1:500
Spread2.5 pips (Standard account)
Trading PlatformMT4
Min Deposit$1,000
Customer SupportTel: +44 20 808 95889
Email: client@fxwings.com

Founded in 2019, FXWings is registered in the United Kingdom and is not regulated. It offers four types of accounts, with the highest leverage reaching 1:500, the lowest spread being 0 pips, and the minimum deposit being 1,000 USD. The trading platform available is the MT4.

FXWings

Pros and Cons

Pros Cons
Four types of accounts to choose fromUnavailable website
Flexible leverage ratiosNot subject to any regulation
MT4 trading platformWide spreads on the Standard account
Multiple deposit and withdrawal optionsHigh initial deposit requirements

Is FXWings Legit?

No, FXWings is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

No license

What Can I Trade on FXWings?

Investors can trade 25 currency pairs, commodities, gold, silver, indices, and 47 global stocks with FX Wings.

Tradable Instruments Supported
FX Pairs✔
Commodities✔
Indices✔
Global Equities✔
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type/Leverage/Fees

FX Wings offers investors four different types of trading accounts: Standard, Advanced, ECN Pro, and Premium.

Account TypeMin DepositMax LeverageSpreadCommission
Standard$1,0001:5002.5 pips❌
Advanced$5,0001:5002 pips
ECN Pro$10,0001:2001.5 pips
Premium$30,0001:1000 pips$5 per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

FX Wings supports traders to deposit and withdraw funds from their accounts via MasterCard, JCB, Perfect Money, WebMoney, Fasapay, Neteller, Skrill, etc.

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Comments

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Nikolec Jeffery
more than one year
Fxwings is good and trusted forex trading company. Good Forex Services or Foreign Exchange Services is the exchange of a particular currency for another or the conversion of currency to another.
Fxwings is good and trusted forex trading company. Good Forex Services or Foreign Exchange Services is the exchange of a particular currency for another or the conversion of currency to another.
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2023-01-07 13:18
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