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Wsmarket Group limited

Australia|2-5 years|
Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|High potential risk|

https://www.wsmarket.com/pc/mtpcyw/index.html

Website

Rating Index

Contact

service@wsmarket.com
https://www.wsmarket.com/pc/mtpcyw/index.html
38 Bruce St STANMORE NSW 2048

Licenses

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

Single Core

1G

40G

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Contact number

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Broker Information

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Company Name

Wsmarket Group limited

Abbreviation

Wsmarket Group limited

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001297047) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Wsmarket Group limited · WikiFX Survey

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Wsmarket Group limited · Company Summary

Basic Information
Registered Countries Australia
Regulation No License
Company Name Wsmarket Group limited
Minimum Deposit N/A
Maximum Leverage 1:400
Minimum Spread N/A
Trading Platform MT5
Trading Assets Precious Metals, Futures, Cryptocurrencies
Payment Methods Bank Cards
Customer Support Email & Online Chat Support

General Information

Wsmarket Group limited is a brokerage firm registered in Australia, providing access to a series of trading instruments, such as Precious Metals, Futures, Cryptocurrencies. With the Wsmarket Group platform, traders can employ a maximum leverage of 1:400 on their positions.

However, when it comes to regulatory information, Wsmarket has disappoints us as it is not authorized or regulated by any regulatory authority.

wikifx

Market Instruments

Clients can get access to limited financial markets, three classes of trading assets covering precious metals, futures and cryptocurrencies available through this brokerage platform.

instrument

Account Types

Wsmarket Group limited says nothing about its account types, minimum deposit requirement, as well as other account features. Here is a rule concerning account-opening: the same customer can register up to one trading account.

How to open an account?

Three easy and simple steps for you to register a trading account:

1. Click to register a real account;

2. Fill in your personal information accurately according to the page prompts and requirements to complete the transaction account registration.

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

Leverage

Wsmarket Group limited provides flexible leverage ratio, ranging from 1:100 and 1:400. Traders are free to choose and set it according to their own risk tolerance.

Bear in mind that the market risk is relatively high, too high margin leverage will magnify your risk. Please choose the proper amount.

Trading Platform

The MT5 trading platform, widely regarded as the best in the industry, is available through Windows, IOS, Android, and Web.

trading-platform

Payment Methods

Wsmarket Group limited says it supports all bank to make a deposit. The deposit and withdrawal time depends on the time for the investor‘s bank to remit. Normally, it is within 1 to 5 working days. The withdrawal is the same and the funds can reach the investor’s bank account within 1 to 5 working days.

Customer Support

If clients have any inquiry or trading-related issues, they can get in touch with this broker through the following contact channels:

Online Chat

Email: service@wsmarket.com

There is also a contact form listed in this brokers official website for you to fill up your contact number, your problems, then wait to be connected.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

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

Pros & Cons

Pros Cons
MT5 trading platform No regulation
Online support available Limited trading assets
High leverage No clear information on minimum deposit, deposit or withdrawal
Demo account available

Frequently Asked Questions

Is Wsmarket Group limited regulated?

No, Wsmarket Group limited is not regulated.

What is the maximum leverage provided by Wsmarket Group limited?

The maximum trading leverage provided is up to 1:400.

What trading instruments does Wsmarket Group limited provide?

Wsmarket Group limited offers Precious Metals, Futures and Cryptocurrency.

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