WhoTrades Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-08-16 18:34

Abstract：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.

　　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.