W2W Capital-Overview of Minimum Deposit, Leverage, Spreads

Note: W2W Capital's official website: https://w2wcapital.com/ is currently inaccessible normally.

W2W Capital is a financial broker that was registered in 2021. It facilitates trading in Forex, Commodities and Indices through the MT4 platform and offers five types of accounts, requiring a minimum deposit of $250. Nevertheless, W2W Capital does not possess a legal license issued by any official financial regulatory authority.

Pros and Cons

Is W2W Capital Legit?

No, W2W Capital is not a legitimate broker.

It operates in Saint Vincent and the Grenadines, an offshore haven known for scams. The country lacks any regulation of its foreign exchange market, resulting in unregistered and potentially non-transparent companies. Notably, W2W Capital acknowledges its registration in Saint Vincent and the Grenadines on its official website:

What Can I Trade on W2W Capital?

W2W Capital claims to offer more than 250 trading instruments across three classes, includingForex, Commodities and Indices.

However, since its website is currently inaccessible, we are unable to obtain detailed information about the specific types of tradable instruments it offers.

In addition, this broker has not obtained any license from a regulatory oversight institution, which means there is no need to waste time trying to gather detailed information about its trading tools.

Account Type

W2W Capital offers five distinct types of accounts. The minimum deposit requirement for the Classic account is $250, but the next kind of account on the list has a minimum deposit requirement of $10,000, rising up to 500,000.

Regardless of whether it's the lowest $250 or the highest $500,000, these are significant amounts of money. Ultimately, your assets may become completely unwithdrawable, or even lost to fraud. Do not fall into their trap.

Leverage

Regarding leverage, W2W Capital offers a leverage of 1:33 for the Classic account, but the maximum leverage can reach up to 1:500. This is excessively high for retail clients and is a common strategy employed by offshore companies, aiming to cheating clients to deposit larger amounts of money.

Spread

The minimum spread of 0.1 pips is quite competitive within the industry. However, please bear in mind that this is an unregulated broker. Many other licensed brokers offer similar spreads without posing any risk to your funds.

Trading Platform

W2W Capital offers the web-based MetaTrader 4 platform, but due to the inability to register an account, we are unable to test its authenticity.

In addition, trading platform provided by offshore brokers like W2W Capital is often manipulated, and your funds may end up in the pockets of the fraudulent broker. It is best for you to choose a reliable broker and a trustworthy platform to trade safely!

Deposit and Withdrawal

W2W Capital claims to accept deposits via credit cards, Bitcoin, and wire transfers. However, it does not mention any information regarding withdrawal fees.