Wealth Sailing-Overview of Minimum Deposit, Leverage, Spreads

Wealth Sailing | 2022-07-26 18:55

Abstract：Wealth Sailing, a trading name of Wealth Sailing Forex Ltd, is allegedly a suspicious regulated forex broker registered in China that claims to provide its clients with a wide range of tradable financial instruments with leverage up to 1:1000 on the industry-standard MetaTrader5 trading platform.

Note: Since Wealth Sailings official site (https://wealthsailing.com/en/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Wealth Sailing, a trading name of Wealth Sailing Forex Ltd, is allegedly a suspicious regulated forex broker registered in China that claims to provide its clients with a wide range of tradable financial instruments with leverage up to 1:1000 on the industry-standard MetaTrader5 trading platform.

Market Instruments

Wealth Sailing advertises that it offers a wide variety of trading instruments in financial markets, including around 40 forex currency pairs, CFDs on indices, crude oil and cryptocurrencies.

Leverage

A leverage ratio of up to 1:1000 is offered by Wealth Sailing, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Trading Platform Available

The platform available for trading at Wealth Sailing is the worlds most popular MetaTrader5 trading platform. However, there is some kind of technical issue, just like the below screenshot shows. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Wealth Sailing only accepts deposits via cryptocurrencies. The minimum initial deposit requirement is said to be only $10.

Customer Support

Wealth Sailings customer support can be reached by telephone: +85294153869, email: mt5kefu001@yahoo.com, service@wealthsailingfx.com. Company address: Room 32, 11/F, Lee Ka Industrial Building, 8 Ng Fong Street, San Po.

Leverage Broker Currency Pair Dealer Forex trading Forex Broker Forex Currency pair leverage in forex forex pips forex market

Related broker

No Regulation

Wealth Sailing

Company name：Wealth Sailing Forex Ltd

Score

1.40

Website：http://wealthsailing.com/en/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.40

How to Know if the Market is Correcting or Reversing?

In trading, distinguishing between a market correction and a market reversal is crucial for making sound decisions. Misjudging one for the other can lead to missed opportunities or significant losses. While both involve price movements, their causes, duration, and implications differ substantially. Understanding these differences can help traders improve their strategies and adapt to market conditions effectively.

Original 2024-12-27 18:10

Empowering the Next Generation in Finance with WikiFX: Gen Z’s Investment Journey

With a steadfast commitment to fostering sustainable financial literacy and providing clear, strategic guidance to the next generation, WikiFX has collaborated with Van Lang University and Hoa Sen University to host an exclusive series of financial education workshops. This marks a pioneering initiative by WikiFX in Vietnam, designed not only to deliver foundational knowledge but also to instill a sense of responsibility and cultivate prudent financial decision-making among aspiring young traders.

Original 2024-12-27 17:11

Robinhood Launches Options Trading in the UK by 2025

Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.

Original 2024-12-27 16:13

What Impact Does Japan’s Positive Output Gap Have on the Yen?

The Japanese government has announced that, due to a tight labor market, the country’s economic output is expected to return to full capacity in the next fiscal year for the first time in seven years.

Original 2024-12-27 10:33