Abstract:WeekendFX is a brokerage company specializing in FX, cryptocurrency, stock indices, and precious metals markets. It provides investment services 24 hours a day, 365 days a year on cryptocurrency trading. The broker also provides standard and demo accounts with a maximum leverage of 1:500. However, unregulated status raises concerns among investors. Some traders have encountered difficulties in withdrawing funds from this platform and suspect that it is related to a Ponzi scheme.
WeekendFX Review Summary | |
Founded | 2020-08-02 |
Registered Country/Region | The Virgin Islands |
Regulation | General Registration |
Market Instruments | FX/Cryptocurrency/Stock indices/Precious metals |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0 pips |
Trading Platform | MT5(Windows/iOS/Android) |
Min Deposit | Gas Fee & Stablecoins: $10 or moreEthereum Chain (ERC20): $30 or more |
Customer Support | Email: info@weekend-fx.com |
YouTube/Twitter/Instagram |
WeekendFX is a brokerage company specializing in FX, cryptocurrency, stock indices, and precious metals markets. It provides investment services 24 hours a day, 365 days a year on cryptocurrency trading. The broker also provides standard and demo accounts with a maximum leverage of 1:500. However, unregulated status raises concerns among investors. Some traders have encountered difficulties in withdrawing funds from this platform and suspect that it is related to a Ponzi scheme.
Pros | Cons |
Leverage up to 1:500 | General Registration |
24/7 customer support | No Islamic accounts |
MT5 available | Negative reviews(Unable to Withdraw) |
Demo account available | |
Spread as low as 0 pips |
WeekendFX is Generally registered in the British Virgin Islands Financial Services Commission(FSC) under license No.9453 and License Type Common Business Registration. Its unregulated status makes its financial activities risky.
WeekendFX offers 4 major markets, such as FX, cryptocurrency, stock indices, and precious metals.
Tradable Instruments | Supported |
Forex | ✔ |
Stock Indices | ✔ |
Cryptocurrency | ✔ |
Precious Metals | ✔ |
Commodities | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
WeekendFX has two account types: standard and demo accounts. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.
Account Type | Standard | Demo |
Leverage | 1:500 | 1:500 |
Minimum Deposit | $100 | - |
Spread-only accounts have no additional fees while fee-bearing accounts have spreads starting at zero pips depending on the account type clients choose.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
WeekendFX cooperates with the authoritative MT5 trading platform, which is available in Windows, iOS, and Android. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows/iOS/Android | Experienced traders |
WeekendFX accepts Bank transfers and Wire transfers for deposits and withdrawals. Transfer processing times are within 24 hours and associated fees are none.
Deposit with crypto and get a 10% bonus! If you pay by bank transfer, get a 5% discount.
Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.
Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke
Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.
Join XM Competitions from 20-27 Feb for a chance to win $100,000! Compete by skill or luck. No entry fees. Trade on a secure, award-winning platform.