WisunoFX

WisunoFX Information

Registered in Seychelles, WisunoFX operates as a multi-asset trading platform, offering tradable products including Forex, Indices, Commodities, Stocks, Cryptocurrencies, and Metals. Wisuno claims to offer leverage up to 1:2000 and access to MT4 and MT5. To start trading on this platform, a low minimum deposit of $10 is required. However, WisunoFX doesn't offer its service to residents from many regions.

Pros and Cons

Is WisunoFX Legit?

WisunoFX operates under the Cyprus Securities and Exchange Commission (CYSEC) and the Seychelles Financial Services Authority (FSA). However, its FSA regulation is offshore, which added a hint of risk.

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	WSN Capital Ltd	Straight Through Processing (STP)	450/24
	The Seychelles Financial Services Authority (FSA)	Offshore Regulated	WISUNO LIMITED	Retail Forex License	SD178

What Can I Trade on WisunoFX?

Traders on WisunoFX get tradable assets including Forex, Indices, Commodities, Stocks, Cryptocurrencies, and Metals.

Account Type

There are three distinct account types available on WisunoFX: USD Cent Account, Standard Account, and ECN Account.

Leverage

WisunoFX offers a high leverage of 1:2000. Leverage allows traders to control larger positions than their own capital would permit. However, with greater leverage comes greater risks.

Spreads

WisunoFX offers floating spreads that vary based on the account class and currency.

In terms of commission, WisunoFX charges ECN account users $5 per trade.

Trading Platform

WisunoFX provides MT4 and MT5 as the trading platforms.

MT4, short for MetaTrader 4, is a widely used electronic trading platform. It was released in 2005 and has since become one of the most popular platforms for forex trading and CFD (Contract for Difference) trading, especially among retail traders.

MT5 is the successor to MT4. It offers a more comprehensive set of features compared to MT4, including additional timeframes, more technical indicators, and an integrated economic calendar.

Deposit and Withdrawal

• Deposit

• Withdrawal