Weltrade – reviews and review of forex and CFD trading platform

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Weltrade – review of forex, CFD, cryptocurrency platform

вњ… This Trading Platform is available in Russia

Overview of forex and CFD brokerage companies: Weltrade

In the era of affordable Internet and the growing popularity of online trading, almost everyone who is familiar with these achievements of the 20th century, heard about this type of income. In the beautiful advertising plots brokerage firms promise fabulous wealth and financial independence from the nearby bosses, banks or other financial institutions. And earn a substantial amount can anyone who decides to cooperate with their brokerage firm. You do not need to study in serious universities or be a genius in mathematics and economic disciplines. But every adult understands well that “just like that,” “for beautiful eyes,” no one will pay you anything. The times of financial pyramids, fabulous enrichment schemes and investment projects, which allow to increase their fortune several times in a few days, are long gone. To earn something, you need to work, create something new, engage in the implementation of promising projects, etc. If we consider the ways of earning online, then it makes sense to thoroughly study the financial markets and everything connected with them. Their functioning mechanism, the main elements, the factors that influence the main financial assets and the way in which traders start their activities and then make them the main source of income. Among the key points faced by all subjects of this type of activity is the choice of a reliable, time-tested and experienced trader brokerage firm. Using the example of the well-known company Weltrade, we will show how this procedure is carried out and what characteristics of a broker should be paid attention to in order to avoid becoming a victim of fraudsters.

How Weltrade formed its customer base

Broker provides its services in 18 countries, working in this industry for more than 10 years. Having their offices in different parts of the world, they can personally meet with their clients so that they can be convinced that this is a reliable brokerage company that operates in compliance with both international and local legislation.

Weltrade Security

For the Weltrade administration, customer safety is one of the main concerns. And this concerns both finance and personal data protection of traders. In addition to standard encryption when transferring information, programmers use applications and platforms (MT4, MT5, etc.) on Weltrade, which allow them to quickly perform any transactions without fear that any important data will fall into the hands of intruders.

A large number of awards that the company has received during its existence, also indicates a high level of security of the broker. Complementing the overall picture is a unique feature – safe. Its essence lies in the fact that the client’s money is kept in a safe place (in euros or dollars), and interest is charged on the balance of funds – up to 12% per annum.

Also on the broker’s resource, a support service works around the clock, ready at any moment to help you solve issues related to the operation of the site. Service staff are available 24 hours a day, seven days a week.

В Weltrade Regulators

One of the most important evidence that you work with an honest broker is a license from reputable organizations that really control the broker’s activity, and do not issue a “license” for $ 300. In this case, it is the National Bank of Belarus and the IFSC financial regulator. These organizations prove that the broker in question is an honest company that allows you to register a login on Weltrade without fear of any trouble from state structures.

Training at Weltrade

In order to work with this broker you need:

в—Џ well versed in terminology;

в—Џ know how one trading account differs from another;

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в—Џ what are the trading platforms;

в—Џ be able to make your own trading strategies;

в—Џ Know what factors affect the value of trading assets.

Almost all of the above information can be obtained on the official website of the broker. But experienced subjects of the global financial market advise using the demo account provided for on Weltrade. In fact, this tool works in the same way as others, only for virtual money. At Weltrade a decent amount is provided for practicing your own strategies and preparing options that will bring real profit. But do not forget that the amount of winnings during the conclusion of transactions in the framework of training is almost always higher than real options.

What rules should Weltrade customer follow?

After theoretical training and training on a demo account, you can start real work on the broker’s website. To do this, include:

в—Џ Micro (small deposit, low spreads; best of all, this method is best used for beginners).

в—Џ Premium (deposit from $ 200, requirements higher).

в—Џ Pro (from $ 500, intended for professionals).

в—Џ ZuluTrade (minimum deposit $ 200).

в—Џ Crypto (deposit from $ 500, automatic trading is provided).

The site has a loyalty program. The more transactions you carry out, the higher your rating will be, which positively affects many indicators during the next trading operations.

Weltrade Trading Terms

в—Џ The minimum deposit is $ 25.

в—Џ Set currencies – rubles, euros, US dollars.

в—Џ Floating spread, except for Pro account.

в—Џ Affiliate program – allows you to create your network and fully control it.

в—Џ Maximum transaction volume – 100 lots.

If you read about Weltrade reviews, you will see that this broker has great prospects for development.

Entering money and account replenishment at Weltrade

Company traders have the opportunity to replenish a trading account or withdraw money from it using:

в—Џ Perfect money.

в—Џ Yandex money.

в—Џ Bank transfers and credit cards.

The reviews compiled about Weltrade state that the most “capricious” users have always had these I / O methods.

Assets and trading instruments of Weltarde

On this resource, for trading are used: currency pairs, commodities, cryptocurrency, precious metals, CFD contracts, futures and other assets, which will vary with time depending on the market situation.

Weltrade Weltrade Review

Weltrade execution and slippage

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.

Weltrade slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit: 14.0 pips
Average trade lifespan: 19 hours
Most traded pairs: EUR/USD, GBP/USD and USD/CHF

Weltrade slippage with Saved FX trading strategy

Average profit: 16.0 pips

Average trade lifespan: 1 day

Weltrade slippage with Qurenix trading strategy

Average profit: 9.0 pips

Average trade lifespan: 5 hours

Weltrade slippage with Forex Cruise Control trading strategy

Average pips/trade: 5.0

Average trade lifespan: 18 hours

Weltrade slippage with For333 trading strategy

Average pips/trade: 12.0

Average trade lifespan: 15 hours

Weltrade slippage with Azar Consulting trading strategy

Average profit: 28.0 pips

Average trade lifespan: 3 days

Weltrade slippage with The Best Player trading strategy

Average profit: 22.0 pips

Average trade lifespan: 13 hours

Weltrade slippage with Xiaolidao trading strategy

Average pips/trade: 9.0 pips

Average trade lifespan: 1 day

Weltrade slippage with Youron trading strategy

Average profit: 9.0 pips

Average trade lifespan: 11 hours

Weltrade slippage with Duanxian(GBP\USD) trading strategy

Average profit: 10.0 pips

Trading Accounts

Account type Minimum deposit Minimum trade size Maximum leverage Average Spread
Micro $25 0.01 1:1000 Fixed, 2 pips / Floating from 1.9 pips
Promium $200 0.01 1:1000 Fixed, 2 pips / Floating from 1.9 pips
Pro $1000 0.01 1:1000 Floating, from 0.5 pips
ZuluTrade $500 0.01 1:1000 Fixed, 2.9 pips + 1.5 points /lot
PAMM $200 0.01 1:1000 Fixed, 2 pips

Weltrade offers three basic account types: Micro, Premium and Pro. All of them are commission-free and offer leverage up to 1:500, as well as micro lots for trade.

What is more, Weltrader has partnered with Zulutrade – one of the oldest and most popular social trading platforms – in order to provide its clients with the option to follow signals of professional traders for automatic control of their accounts.

The Company. Security of Funds

Operating since 2006, Weltrade (formerly, SystemForex) is an offshore broker offering trading in currency pairs, various CFDs, as well as precious metals through the popular MetaTrader 4. Currently the broker provides its services to customers from 18 countries, operating offices in Russia, Ukraine, Belarus and Thailand.

Systemgates Capital Ltd., which owns the brand Weltrade is registered on the St. Vincent and the Grenadines, but does not hold any license and don’t have to comply with any requirements as regards minimum capital or segregation of client’s’ funds, for instance.

If you intend to invest a large amount of money, we would advise you to select a forex broker licensed in UK, Cyprus, US for instance, where regulation is strict and there are compensation schemes, which will protect your money if your broker becomes insolvent.

Trading Conditions


Minimum Initial Deposit

The minimal sum required to open an account with Weltrade is $25, a low initial amount, which is reasonable, considering the liberal regulation. In comparison, ForexBrokerInc, formerly registered in Belize, requires $100 from its customers as a start, and LiteForex – just $10.

Average Spreads & Commissions
This broker offers both fixed and variable spreads and all account types, except the ZuluTrade one, are commission-free. Fixed spreads amount to 2 pips on EUR/USD, which is average, and floating ones are tight, start from 0.5 pips on EUR/USD. Such fixed spread is considered average for the forex market. In comparison, ForexBrokerInc provides spreads averaged 0,7 pips on EUR/USD + 1 pip commission.


Maximum Leverage

The maximum leverage rates at Weltrade are high, reaching 1:1000. In comparison, ForexBrokerInc offers leverage up to 1:500. Here you may look up more forex brokers offering leverage equal to or exceeding 1:500.

However, many jurisdictions set limitations on leverage, which are considerably lower, for instance 1:50 in USA and 1:25 in Japan. The reason for this is that trading on margin involves a risk of heavy losses, exceeding the initial investments and that is why traders should exercise caution when operating with high leverage levels.

Trading Platforms

Weltrade offers both MetaQuotes’ platforms – MetaTrader 4 and MetaTrader 5.

MetaTrader 4 (MT4) is still the preferred choice of most experienced traders. The platform offers all a trader needs: a number of built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive EA back-testing options. Traders can download ready-made or create their own automated trading strategies and simply let the program do all the work. VPS service is also available, allowing clients to trade 24 hours a day 5 days a week even if their computers are off.

MetaTrader 5 also offers innovative functionality: multicurrency strategy tester, “market depth” function, built-in MQL5 store, new types of pending orders, and also higher execution speed.

Clients of WelTrade who would like to make use of auto trading, but shun ZuluTrade, can check out Metatrader trading signals – another possibility to copy the signals of successful traders.

What is more, this broker offers MetaTrader 4 MultiTerminal, which is mostly helpful for those who manage investors’ accounts and for traders working with many accounts simultaneously.

Bonuses & Promotions
At the time of writing of this review, this broker runs the following promotions:

– 100% Welcome Bonus on first deposit over 200 USD/EUR;
– Free iPhone 6S for clients with deposits of a minimum of $5000 and 450 lot trading volume.

Methods of Payment

Clients of Weltrade are offered a variety of payment modes: Credit/debit cards (Visa, MasterCard), bank wire transfer, and the following e-wallets: Skrill, Neteller, QIWI, Yandex, CashU, FasaPay, Perfect Money, Деньги, OKPAY, EasyPay, liqpay.com, QIWI, monetaRU.

All deposit methods are free of charge with this broker.

Conclusion

Weltrade is an unregulated, offshore broker and that significantly lowers its credibility. To sum up the above, here are the advantages and drawbacks with regard to this broker:

WELTRADE Review

WELTRADE is an online Forex and CFD broker that has been in business for more than 13 years. The company has certainly managed to stay afloat long enough to prove that they’re headed in the right direction, especially with so many competitors in the field. This broker has offices in several different countries, with their primary headquarters being located in St. Vincent & the Grenadines. If you’re interested in opening an account with them, you’ll have five options to choose from, so it is important to be educated about that choice. Making the right choice is vital when it comes to making a profit.

Account Types

WELTRADE offers five different account types: Micro, Premium, Pro, ZuluTrade, and Crypto. Accounts seem to share more differences than similarities. Note that the Micro account was designed for training purposes and familiarization with trading conditions. The company has the right to limit trading activity on this account type and may propose that clients transfer their funds to a new account type once they seem to be qualified. It is free to transfer funds and open another account type, so this should not be too much of a hassle.

One of the main things to consider when looking at all of the account types would be trading costs since some accounts are commission-free with higher spreads and others charge commissions with lower spreads. Leverage options are very high on all account types, although the options are predictably lower on the Crypto account type. Tradable instruments can also vary, so be sure to check those options on each account type. We’ve provided an overview of all of the account types below for comparison.

Micro Account
Minimum Deposit: $25 USD
Leverage: 1:33 – 1:1000
Spread: From 1.9 pips
Commission: Zero
Assets: Forex, Metals

Premium Account
Minimum Deposit: $200
Leverage: 1:33 – 1:1000
Spread: From 1.9 pips
Commission: Zero
Assets: Forex, Metals, Commodities

Pro Account
Minimum Deposit: $500 USD
Leverage: 1:1 – 1:1000
Spread: From 0.5 pips
Commission: Zero
Assets: Forex, Metals, Commodities

ZuluTrade Account
Minimum Deposit: $200 USD
Leverage: 1:33 – 1:500
Spread: From 2.9 pips
Commission: 1.5 points
Assets: Forex, Metals, Commodities

Crypto Account
Minimum Deposit: $50 USD
Leverage: 1:3 – 1:20
Spread: From 0 pips
Commission: 0.5%
Assets: Cryptocurrencies

The company claims that the longer clients work with them, they will receive more benefits and higher status. We couldn’t find any more information on this claim on the website, so it’s unclear what type of benefits would be received if any at all. Clients are required to provide a copy of their passport and a proof of residence document in order to confirm their identity.

Platform

Micro, Premium, Pro, and Crypto account holders will have the option to choose between the MetaTrader 4 and MetaTrader 5 platforms. Those with the ZuluTrade account type will only be able to trade on the MT4 platform. The MT4 platform is a free online trading program that comes with more than 50 built-in indicators and tools. MT5 is a multi-asset platform that has built-upon the success of its predecessor. The program also enables the use of automated trading systems, robots, and copy trading. Both platforms are available on mobile, tablets, desktop, and through the web platform. Investors or clients that work with many accounts simultaneously can do so on the MT4 MultiTerminal.

Leverage

For Pro account holders, the smallest leverage option is 1:1. On Crypto accounts, clients can start with leverage of 1:3. Note that choosing leverage of 1:1 would simply mean that one is trading with the exact amount of funds that are available in their account. The Crypto account type allows for maximum leverage of 1:20, which is not surprising for an account that focuses on trading cryptocurrencies. The ZuluTrade account offers a higher than average cap of 1:500, an option that would be enough for the majority of traders.

From there, the company doubles the leverage offerings, with the cap being 1:1000 on the Micro, Premium, and Pro accounts. All of these options are excellent, so there will be no need to reconsider based on available leverage options. However, beginners should note that trading with higher leverage options could lead to huge losses, especially when trading without much experience. We would recommend practicing on a demo account to gain a better idea of what leverage options would be best for anyone that isn’t sure what option to choose.

Trade Sizes

The minimum trade size for all account types is 0.01, or one micro lot. Aside from the Micro account, all accounts offer a maximum order volume of 100 lots. The Micro account allows for 1,000 lots. The Micro, Premium, and ZuluTrade accounts will allow up to 100 open positions at a time, while the Pro account allows 150. The website does not clarify these details for the Crypto account type. Margin call and stop out levels are shared by the Micro, Premium, Pro, and ZuluTrade accounts. Those levels are listed below.

Margin Call/Stop Out Levels:
Micro, Premium, Pro, ZuluTrade: 20%/10%
Crypto: 40%/20%

Trading Costs

This broker profits through commissions, interest rates, swap fees, and spreads.
Commissions: Micro, Premium, and Pro accounts are commission-free. Commissions are charged when placing an order and are 1.5 points on ZuluTrade accounts and 0.5% on Crypto accounts.

Swap Fees: Swap-free versions are available for all five account types. Otherwise, swaps are applicable to any positions held overnight. The website doesn’t go into further detail.
Spreads: Spreads vary with this broker and range from starting from 0 pips to 2.9 pips.
Interest Rate: These charges are not applicable to Micro, Premium, ZuluTrade, or Crypto accounts. On the Premium account, the interest rate is 3.5%. The Pro account has an interest rate of 5%.

Assets

This broker offers Forex, commodities, metals, and cryptocurrencies for trading. The chosen account type would directly affect which types of assets can be traded, so we will start by reviewing those limitations. The Crypto account is the only option that allows for the trading of cryptocurrencies and this is the only type of asset available on this account type as well. This could be an excellent secondary account if you’re looking for more options. The Micro account options are also more limited, with Forex and Metals being the only options. Also, note that Forex options are limited to XAUUSD and XAGUSD only on Micro accounts.

All three of the remaining account types offer the largest variety, with Forex, Metals, and Commodities being available. Now, we will look into the tradable instruments in more detail. Starting with Forex options, we will remind readers that the Micro account only offers two currency pairs. We found that 48 currency pairs are available for trading on the other account types that offer them. When it comes to trading metals, Gold and Silver are the only options on the Micro account.

The Premium and Pro accounts offer Platinum and Pallidum in addition to those options. The ZuluTrade account offers Gold, Silver, and Platinum. The Premium, Pro, and ZuluTrade accounts feature two commodities; Brent Oil and Crude Oil. As we mentioned, the Crypto account is the only account type to feature cryptocurrencies. We found 15 available options, including Bitcoin, Ethereum, and Litecoin.

Spreads

Spreads are floating on all account types, so one should expect to see spreads climb higher than those advertised. The lowest spreads available with this broker are from 0 pips on the Crypto account type. The Pro account comes in second place, with spreads starting from 0.5 pips. Micro and Premium accounts both offer spreads that start from 1.9 pips. ZuluTrade accounts have the highest spreads, starting from 2.9 pips. Keep in mind that some of the accounts are commission-free and therefore come with higher spreads.

Minimum Deposit

Deposit minimums range from $25 up to $500 USD. The most affordable accounts would be The Micro account, with the lowest $25 minimum, and the Crypto account, with a $50 deposit minimum. You may find brokers that do not have a set deposit requirement; however, we feel that these options are large enough to allow one to actually conduct some trading activity while being small enough to be affordable for all types of traders. The Premium and ZuluTrade accounts both require a $200 deposit. The most expensive account type would be the Pro account, with a $500 deposit requirement.

Deposit Methods & Costs

Available deposit methods include Visa, MasterCard, Skrill, Neteller, WebMoney, PerfectMoney, QIWI Wallet, Indonesian Bank Transfer, Wallet One, and FasaPay. Crypto options include Bitcoin, Ethereum, Litecoin, Ripple, and EOS. Aside from Indonesian Bank transfer and Crypto options, all payments are immediately available. It can take up to 24 hours for bank transfers to be credited and it will take the required number of confirmations on the network for crypto options to be credited. The company includes no commission deposits under their list of promotions and covers all of the fees for the available deposit methods at this time. There is no end date listed for the promotion, but do keep an eye out just in case the company does start charging their standard commission fees.

Withdrawal Methods & Costs

All of the funding options can be used to withdraw funds. Service fees are applicable to most of the deposit methods, so you’ll definitely want to check those fees below. We did notice that Indonesian Bank Transfer and Wallet One do not charge service fees, so this does offer two very limited ways to withdraw fee-free. FasaPay also caps their fee at $5, so this would be a good option if you’re making a larger withdrawal.

  • Indonesian Bank Transfer: 0%
  • Wallet One: 0%
  • PerfectMoney: 0.5%
  • FasaPay: 0.5% (max $5.00)
  • Skrill & QIWI Wallet: 1%
  • Visa/MasterCard: 1.2% + 3.0 USD/1.2% + 2.7 EUR/1.9% (min 50 RUB)
  • Neteller: 2% (min $1.00)
  • Crypto (BTC, ETH, LTC, XRP, EOS): 1%
  • WebMoney: 0.8% (max: 50 WMZ, 1,500 WMR, 100 WMB)

Withdrawal Processing & Wait Time

This broker offers an insanely fast process time within 30 minutes from the time the request is made. Withdrawals are even processed 24 hours a day, 7 days a week. This could be a huge advantage to anyone who may need their funds suddenly. We’re not used to seeing brokers that are available to process withdrawals on weekends, and much more rarely during the night.

Bonuses & Promotions

The bonuses and promotions offered by this broker are highly unique. Rather than offering a simple deposit bonus like we’re used to seeing, this broker makes a sort of game out of earning rewards, with random payouts based on spinning wheels, drawing cards, etc. You’ll always want to be on the lookout for new opportunities with this broker since these seem to be updated frequently. There are several different running options, so we’ve outlined them all below. Also, note that we always try to include the most relevant terms and conditions on offers, but it is always important to check all of these on the website.

AstroCards (All Account Types): For each deposit that is made, starting from $50, the trader will receive one AstroCard round. You’ll earn 1 round on a $50 deposit, 2 rounds on a $100 deposit, and so forth up to 20 rounds on a $1,000 deposit. Clients will select cards when playing rounds for this game and rewards will be paid out in forms of non-withdrawable bonuses.

Get an iPhone 11Pro Max (All Account Types): Sign-up and open a trading account, deposit at least $5,000, and then trade 250 lots. Once these conditions have been completed, the client will need to reach out to support to receive the reward. The trader will have the choice between the iPhone 11 Max or a $1,400 withdrawable amount in cash with no restrictions. This promotion runs until July 11th, 2020.

Bonus 100% (Micro and Premium Account Types): This bonus is credited on deposits of $200 USD or more. The bonus is applied as credit, rather than balance and can be used as additional margin for order volume increase.

Cash Puzzle (All Account Types): Complete tasks and win up to $15,000 every day. Each day, there will be five tasks in the form of puzzles available. In reality, it is the client’s trading activity that sets the progress on these activities. Achieved progress is lost at the start of each new day. Once the client has completed three daily tasks, they will be eligible for a reward, from $5 to the maximum amount.

Spinner: Make deposits and gain spins on the wheel, which will allow one the chance to win bonuses. A $30 deposit grants one spin, $60 gains 2 spins, and so forth. Prizes are fixed bonuses that are determined randomly once the client spins the wheel. The bonus is not available for withdrawal but can be used as free margin.

Educational & Trading Tools

The main educational focus on this broker’s website would be live seminars. Traders can subscribe to upcoming seminars under ‘Tools’ > ‘Seminars and Training’. The website doesn’t go into further detail, so it is unclear what type of skill levels the seminars would be aimed towards. It would be great for the company to add a list of upcoming events that could be viewed straight from the site, to give one a better idea. There is also a MetaTrader 4 Guide and free demo accounts are provided.

There are a few more options when it comes to trading tools, including VPS, an economic calendar, and a trading calculator. The website also features ZuluTrade accounts as one of their main account types. ZuluTrade allows traders to set their accounts to automatically follow those of professional traders. The program is proportional and works even if the trader does not have the same amount of funds as the professional trader. All of these options can be found under ‘AutoTrading’ and ‘Tools’.

Demo Account

This broker features free demo accounts with an available balance of up to $5,000,000 in virtual currency. Leverage options go as high as 1:1000 on these accounts, which is the highest option on several of the company’s real accounts. The broker doesn’t mention any certain account type and we didn’t see the option to choose when registering for a demo account. For a broker that offers so many account types, it can be confusing to offer one basic demo account. This is based on the fact that there is no way to determine which account’s spread will be featured, whether commissions will be charged, etc. We also like the idea of testing out a couple of different account types on a demo before making a real decision, especially if one is considering making a large deposit. This doesn’t mean that it wouldn’t be at one’s advantage to practice, we would simply enjoy seeing options that mirror the broker’s real accounts.

Customer Service

Support can be contacted through LiveChat, email, by phone, or by filling out a callback request. The company doesn’t advertise their hours on the website, so we used the opportunity to test out the website’s LiveChat feature. Sadly, support did not get back to us as quickly as we had hoped. After seven minutes with no initial response, we messaged our support agent a second time. Eventually, we gave up on the chat. This could be blamed on it being a late hour when we tested, although our support agent was active and online.

On our second attempt at a later time, support replied immediately and informed us that support works around the clock. Moving on, the company provides four separate email addresses for different departments, including general questions, finance, technical support, and partnerships. We’ve provided the main phone number and email addresses below, but you’ll also find 14 more options for clients located in different countries. All of this information is available on the ‘Customer Support’ section of the website.

Phone: +44-20-34116458 (St. Vincent & the Grenadines)
Email
General Questions: [email protected]
Financial Issues: [email protected]
Technical Support: [email protected]
Partnership: [email protected]

Countries Accepted

The broker claims that service is not offered to residents of Canada and the United States. We often find that terms can be more lenient when it actually comes down to registering, so we attempted to open an account from our US-based offices. We found that the initial registration page never asked for our country, so we were able to breeze through the verification process and open an account with no problem. The company does require verification documents and reserves the right to check the client’s location by their email address, so it is possible that there may be problems a little later down the road.

Conclusion

WELTRADE is an FX and CFD broker that offers several different assets, including cryptocurrencies. The variety of assets one would have access to actually depends on the account type that has been opened, which is a common theme with this broker. There are five account types in total, with deposit requirements ranging from $25 to $500. Trading costs vary, with the lowest spreads from 0 pips and the highest starting at 2.9 pips and some commission-free account types. This broker also offers extremely high leverage options as an advantage to more professional traders.

Funding can be done through several different methods, including options like Bitcoin. On the plus side, withdrawals are processed within 30 minutes 24/7. On the downside, there are applicable fees on almost every withdrawal method. Customer support seems easy enough to reach, although we did wait several minutes and receive no response on our first contact attempt. This broker also puts a fun spin on earning bonuses by offering several unique games that offer some opportunities to earn big rewards. Looking at the broker as a whole, it seems that there are some obvious advantages and disadvantages. Since trading costs can climb on some account types, it is important to carefully consider the available options with this broker.

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