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Score
Cyprus
5-10 yearsSuspicious Regulatory License
Cyprus Straight Through Processing(STP) Unsubscribed
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.29
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
For now, since WhoTradess official website (https://www.whotrades.com.cy/) cannot be opened at the moment, we could only piece together the rough picture of this brokerage by gathering some relevant information from other websites.
General Information
Registered in Cyprus, WhoTrades is a forex broker that was not established long, with an operating time of 2 to 5 years. Since this brokers official website cannot be opened, we could not find further details about its trading instruments, leverage, trading assets, trading platform and more.
In terms of regulation, it has been verified that this broker is not authorized or regulated by any regulatory authorities. Thats why its regulatory status on WikiFX is marked as “No License” and it got a very low score of 1.46/10.
Please be aware of the risk.
Market Instruments
WhoTrades claims that it offers more than 100 trading instruments, including Currency Pairs, Metals, Energies, US shares and Japanese Shares.
Minimum Deposit
WhoTrades seems to require a minimum deposit of 100 EUR/USD/GBP when opening an WhoTrades trading account, which sounds reasonable and acceptable for most regular traders.
Trading Platform
What WhoTrades offers is not the MT4 or MT5 trading platform, it offers a proprietary trading platform which allows traders to track their portfolios, track the current markets, and place orders.
Deposit & Withdrawal
WhoTrades allows its clients to make a deposit and withdrawal through the following payment options:
Credit Cards
Bank Transfer
Skrill, Neteller
Please note that deposit and withdrawal fees are charged by WhoTrades.
Customer Support
Traders with any inquiries or trading-related problems can get in touch with WhoTrades through the following channels:
Telephone: +357 25 736 320
Email: info@corp.whotrades.eu
Risk Warning
Forex and leveraged trading carries a high level of risks, and it is not suitable for all investors. Please note the information contained in this article is for general information purposes only.
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