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WinFxTrade-Some Important Details about This Broker

WinFxTrade | 2023-01-10 18:13

Abstract：WinFxTrade is an offshore broker registered in the United Kingdom, giving their clients access to a series of trading instruments. However, here we are stuck in this tough situation: we could neither open this broker’s official website, nor we could find any relevant information. WinFxTrade claims that it is an online broker registered in the United Kingdom, and it is not subject to any regulation to operate illegally. And that’s why WikiFX has given this broker a very low score of 1.36/10. Please be aware of the risk.

Since WinFxTrades official website cannot be opened for now, we could only piece together the rough picture of this broker by gathering some relevant information from other websites.

Basic	Information
Registered Countries	United Kingdom
Regulation	No License
Minimum Deposit	N/A
Maximum Leverage	N/A
Minimum Spread	From 0.0 pips
Trading Platform	Webtrader
Trading Assets	N/A
Payment Methods	N/A
Customer Support	Email, Twitter, Facebook

General Information

WinFxTrade is an offshore broker registered in the United Kingdom, giving their clients access to a series of trading instruments. However, here we are stuck in this tough situation: we could neither open this brokers official website, nor we could find any relevant information.

WinFxTrade claims that it is an online broker registered in the United Kingdom, and it is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.36/10. Please be aware of the risk.

Leverage

Trading leverage cannot be found anywhere, and here is some rules set by many regulatory authorities: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

Only an email is provided for clients who have any inquiry to get in touch with this broker.

Alternatively, you can also follow this WinFxTrade on some social media platforms, such as Facebook and Twitter.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros	Cons
None	No regulation
	Insufficient Website information
	Inaccessible website
	Poor customer support

Frequently Asked Questions

Is WinFxTrade regulated？

No, WinFxTrade is not regulated.

What trading instruments can I trade with on WinFxTrade？

What trading assets provided by WinFxTrade is not mentioned anywhere.

How can I get in touch with WinFxTrade？

Only an email is provided for clients to get in touch with this broker.

Forex trading Forex Broker

Related broker

No Regulation

WinFxTrade

Company name：FX TRADING LTD.

Score

1.48

Website：https://winfxtrade.com/

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

Score

1.48

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