WB-Overview of Minimum Deposit, Spreads & Leverage

WB Information

WB, founded in 1996, is a broker registered in Hong Kong, providing gold and silver trading on the MT4 platform. It is currently regulated by HKGX.

Pros and Cons

Is FPG Legit?

WB is regulated by the Hong Kong Gold Exchange (HKGX) in Hong Kong.

What Can I Trade on WB?

WB offers traders the opportunity to trade gold and silver.

Account Type & Fees

WB offers 3 different types of live accounts to traders - Jinfu Account, Premium Account, Premium Account. It also provides demo accounts. The minimun deposit is HK$1,000.

For gold spread, Jinfu Account spreads is 37 USD per lot, Premium Account spreads is 35 USD per lot, Premium Account spreads is 34 USD per lot. For silver spread, Jinfu Account spreads is 20 USD per lot, Premium Account spreads is 28 USD per lot, Premium Account spreads is 35 USD per lot.

Trading Platform

WB's trading platform is MT4, which supports traders on PC, Mac.

Deposit and Withdrawal

The broker provides 3 types of deposit methods, which are real-time online payment, bank transfer, online cross-border remittance. The currency type is US dollars. If customers use other currencies to deposit, WB will use the market's public exchange rate to convert it into US dollars.

It supports one withdrawal method that is bank wire. The withdrawal amount will be deposited back to registered bank account. It charges $10 for single withdrawal of less than $100.

If 50% of the customer's most recent deposited funds have not been used to open a position, a handling fee of 6% of the most recent deposited funds will be charged for each withdrawal to prevent criminals from laundering money.