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WeekendFX
The Virgin Islands|2-5 years| https://weekend-fx.com/
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Shogun Consultants Limited
WeekendFX
The Virgin Islands
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- This broker exceeds the business scope regulated by The Virgin Islands FSC(license number: 9453)Business Registration Non-Forex License. Please be aware of the risk!
- The The Virgin Islands FSC regulation with license number: 9453 is an offshore regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | FX, Cryptos, Indices |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 1,000USD |
| Minimum Spread | -- |
| Products | FX, Cryptos, Indices |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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WeekendFX · Company Summary
| WeekendFX Review Summary | |
| Founded | 2020 |
| Registered Country | Belize |
| Regulation | FSC (Exceeded) |
| Tradable Assets | Forex, cryptocurrencies, indices, gold & silver |
| Demo Account | ✅ |
| Leverage | 100:1 |
| Spread | Floating |
| Trading Platform | MT4, MT5 |
| Min Deposit | 1,000 USD |
| Customer Support | Contact form |
| Email: customer@weekend-fx.com | |
| YouTube, Twitter, Instagram | |
| Office address: 19 Waterfront Dr, Tortola VG1110, British Virgin Islands | |
| Vailiou Vrionidi 6 office 501-2, Gala Court Chambers 5th floor, 3095 Limassol, Cyprus | |
| Regional Restrictions | United States, Iran, Cuba, Sudan, Syria, and North Korea |
WeekendFX Information
Founded in 2020, WeekendFX is a multi-asset broker registered in Belize, offering trading on forex, cryptocurrencies, indices and gold & silver with leverage up to 1:100 and floating spreads via the MT4 and MT5 platform. Demo accounts are available and the minimum deposit requirement to open a Standard account is as high as 1,000 USD. It claims to be regulated by FSC, but its current status is exceeded.
Pros and Cons
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Is WeekendFX Legit?
Currently, WeekendFX only holds an exceeded FSC license.
| Regulatory Agency | British Virgin Islands Financial Services Commission (FSC) |
| Regulatory Status | Exceeded |
| Regulated by | The Virgin Islands |
| Licensed Institution | Shogun Consultants Limited |
| Licensed Type | Common Business Registration |
| Licensed Number | 9453 |
Besides, the broker claims to offer negative balance protection, segregated accounts, and has contracted with a leading Web Application Firewall (WAF) provider to protect their infrastructure and servers from web threats such as SQL injection and XSS attacks, blocking harmful traffic.
Market Instruments
| Tradable Instruments | Supported |
| Forex | ✔ |
| Gold & silver | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
WeekendFX keeps things simple with two account types: STANDARD and DEMO. Both offer the same leverage ratio of 100:1 and utilize floating spreads. The minimum deposit to open a STANDARD acccount is as high as 1,000 USD. The accepted currencies are USD and JPY.
Leverage
WeekendFX offers the maximum leverage available is 100:1 on forex trading. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
WeekendFX empowers traders with two industry-leading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ✔ | / | Experienced traders |
| cTrader | ❌ | / | / |
| TradingView | ❌ | / | / |
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