Wandt

Note: Wandt's official website: https://www.wandt.cc is currently inaccessible normally.

Wandt Information

Wandt, founded in 1996, is a brokerage registered in the United States. The trading instruments it provides cover Forex, Metals, Commodities, Indices. It provides 2 accounts and MT4 platform. But it is currently unregulated and lacks security.

Pros and Cons

Is Wandt Legit?

It is clear that Wandt, which was registered in 1996 and is currently unregulated, is insecure.

What Can I Trade on Wandt?

Wandt offers traders the opportunity to trade over Forex, Metals, Commodities, Indices.

Account Types

Wandtoffers 2 different types of accounts to traders - Standard Account and ECN Account. The two accounts' minimum deposit is $200. Wandt also provides a demo account.

Leverage

Wandt offers the maximum trading leverage of up to 1:500. It is worth noting that high leverage means high returns but also high risks.

Wandt Fees

Wandt claims to offer low spreads.The Standard Account spreads starts from 1 pips and charges no commissions. The ECN Account spreads starts from 0.0 pips, but it charges $6 per round trade.

Trading Platform

Wandt's trading platform is MT4, which supports traders on PC and Mobile.