WaysTrade

WaysTrade | 2024-12-18 17:34

Abstract：WaysTrade is a broker. Trade various instruments include forex, commodities, futures, cryptocurrency, metals, and stocks. The broker also provides four accounts with a maximum leverage of 1:400. The minimum spread is from 0.3 pips and the minimum deposit is $100. WaysTrade is still risky due to its unregulated status.

WaysTradeReview Summary
Founded	2021-01-31
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex/Commodities/Futures/Cryptocurrency/Metals/Stocks
Demo Account	/
Leverage	Up to 1:400
Spread	From 0.3 pip
Trading Platform	Waystrader(PC)
Min Deposit	$100
Customer Support	Phone number: +357 95902295
	Email: support@waystrade.com
	Telegram/Facebook/YouTube/Instagram/Twitter/WhatsApp

WaysTrade Information

WaysTrade is a broker. Trade various instruments include forex, commodities, futures, cryptocurrency, metals, and stocks. The broker also provides four accounts with a maximum leverage of 1:400. The minimum spread is from 0.3 pips and the minimum deposit is $100. WaysTrade is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:400	Unregulated
Various tradable instruments	MT4/MT5 unavailable
Spread as low as 0.3 pip	No 24/7 customer support
	Inaccessible official website
	Demo account unavailable

Is WaysTrade Legit?

WaysTrade is not regulated, making it less safe than regulated brokers.

What Can I Trade on WaysTrade?

WaysTrade offers a wide range of market instruments, including forex, commodities, futures, cryptocurrency, metals, and stocks.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Futures	✔
Cryptocurrency	✔
Metals	✔
Stocks	✔
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

WaysTrade has four account types: standard, ECN, ECN Pro, and ways copy. Traders who want low spreads can choose an ECN Pro account, while those with a small budget can open a standard account.

Account Type	Standard	ECN	ECN PRO	Ways Copy
Initial Deposit	100$	1000$	3000$	500$
Spread From	1 pip	0.8 pip	0.3 pip(Floating)	1 pip(Floating)
Maximum Leverage	1:400	1:200	1:200	1:400
Order Volume	0.01-500 lots	0.01-500 lots	0.01-500 lots	0.01-500 lots

WaysTrade Fees

The spread is from 0.3 pip. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

WaysTrade provides a proprietytrading platform available on PC for trading, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading Platform	Supported	Available Devices
Waystrader	✔	PC

Deposit and Withdrawal

The minimum deposit is $100. WaysTrade accepts Wire Transfer, Perfect Money, Citibank, Bitcoin, and more for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.

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

Related broker

No Regulation

WaysTrade

Company name：Waystrade (SV) Ltd

Score

1.43

Website：https://waystrade.com/?lang=en

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

Score

1.43

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