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Wealth Way

United Kingdom|5-10 years|
MT5 Full License|Regional Brokers|High potential risk|

https://www.wealthwayinc.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
WealthwayInc-Demo MT5
Server Location Germany

Contact

+44 7444186731
operations@wealthwayinc.com
https://www.wealthwayinc.com
71-75 Shelton Street, Covent Garden, London, England, WC2H9JQ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 7444186731

Broker Information

More

Company Name

Wealth Way Inc

Company Abbreviation

Wealth Way

Platform registered country and region

United Kingdom

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-07-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Wealth Way · WikiFX Survey

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Wealth Way · Company Summary

basic-info

General Information

Registered in the United Kingdom, Wealth Way is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Indices through the advanced MT5 trading platform. With the Wealth Way platform, investors have the flexibility to choose from a range of trading accounts, with leverage up to 1:1000, spreads from 0.0 pips.

Wealth Way does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Market Instruments

With the Wealth Way platform, traders can get access to diversified range of trading instruments, including Forex, Stocks, Commodities, Equity Indices, Precious Metals, Cryptocurrency, and Futures, all available on this brokerage platform.

Account Types

Four trading accounts has been designed for different types of traders, including Swap-free account, ECN account, Trader account, and the VIP account. To open a most basic account, an initial deposit of $100 is required.

Aside from live accounts,

Traders can also use a demo account to gain a feel for the platform and practice their trading

skills without risking any real money.

How to open an account with Wealth Way?

Opening an account with Wealth Way is an easy and simple process:

1. Click the “Live Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Wealth Way permits traders to use leverage of up to 1:1000, insanely higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads & Commissions

Spreads and commissions are tied to what trading accounts you are holding on the Wealth Way platform. However, we ran into issues when trying to access its account setting, though. As per its homepage, the spread on the EUR/USD start from 0.2 pips, seemingly quiet competitive.

Trading Platform

Wealth Way offers its clients access to the industry-leading MT5 trading platform, featuring the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Payment Methods

Wealth Way allows its clients to make deposits and withdrawals through multiple trading assets, including VISA, MasterCard, OKPAY, Skrill, Neteller, Union Pay, MasterCard, Payza, Bank Transfer, CASHU, and more.

Educational Resources

Aside from the MT5 trading platform, there are also some educational resources are available, including forex webinars, videos, analysis, etc.

Customer Support

Wealth Way says it offers 24 x 7 customer support,

For any questions or concerns they may have about their accounts or their trading can reach out to Wealth Way through the following methods:

Telephone: +447444186731

Email: operations@wealthwayinc.com

Registered Company Address: 71-75 Shelton Street, Covent Garden, London, England, WC2H9JQ

Or you can also follow this broker on some social media platforms, such as Facebook, Linkedin and Instagram.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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初心20870
more than one year
The company website says it's under maintenance so I can't see the details... but I read on wkifx that it doesn't have any regulatory license. I would never deal with a company like this, I am responsible for my own money.
2022-12-06 09:54
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0
0
雾隐成空
more than one year
Online customer support service is unavailable. Click on the "Ask Us" icon in the lower right corner of the official website, it is blank, and there is no jump to the real-time chat page at all.
2022-11-29 14:24
Reply
0
0
FX1063839282
more than one year
Very easy website design, and it does not seem like a brokerage… My friend Tommy said an agent from this company contacted him to make an investment. This broker seems super unprofessional, even does not disclose its products and services. I had told him to ignore this one, go to seek for some well-regulated brokers…
2022-11-29 13:54
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0
0
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