Company Summary
| WealthFX Review Summary in 11 Points | |
| Company name | WealthFX |
| Registered country/region | Mauritius |
| Regulation | Unregulated |
| Trading Platforms | MT5 |
| Market Instruments | Forex, Indices, Stocks, Gold, Natural Gas, Crude Oil |
| Demo Account | Available |
| Minimum Deposit | Depending on account type: as low as $100 |
| Maximum Leverage | 1:500 |
| Spread | Start at 0.2 |
| Customer Support | 24/7 Live chat |
| Email: salesmur@thewealthfx.comsales@thewealthfx.com | |
| Phone: +230 58367536+971 44496592 | |
WealthFX Information
Wealth FX is a Forex broker. It offers a variety of trading products including Forex, Indices, Stocks, Gold, Natural Gas, Crude Oil. It also provides 6 account types.
Pros And Cons
| Pros | Cons |
| Low spreads | The highest deposit is $10000 |
| No swaps | Not regulated |
| Low commissions in the industry | |
| Multiple account types |
Is WealthFX Legit?
You need to note that according to wikifxs investigation, WealthFX is currently not regulated by any recognized financial authorities.
What Can I Trade on WealthFX?
After opening an account with WealthFX, you can trade several products including Forex, Indices, Stocks, Gold, Natural Gas, Crude Oil.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Gold | ✔ |
| Natural Gas | ✔ |
| Crude Oil | ✔ |
Account Type
- About Real Account:
WealthFX offers six account types: BRONZE, SILVER, GOLD, DIAMOND, PLATINUM, ECN.
BRONZE: The Bronze account requires a minimum deposit of $100, trades are swap-free and there are no commissions, and the spread is 3.
SILVER: The Silver account requires a minimum deposit of $500, trades are swap-free and there are no commissions, and the spread is 2.5.
GOLD:The Gold account requires a minimum deposit of $1000, trades are swap-free and there are no commissions, and the spread is 2.
DIAMOND:The Diamond account requires a minimum deposit of $2000, trades are swap-free and there are no commissions, and the spread is 1.5.
PLATINUM:The Platinum account requires a minimum deposit of $5000, trades are swap-free and there are no commissions, and the spread is 1.
ECN:The minimum deposit amount of the original account ECN is $10,000, there is no swap in the transaction, and a handling fee of $7 is charged.
- About Demo Account:
WealthFX offersdemo accounts.
WealthFX Fees
Wealth FX offers variable but favorable spreads based on asset class and account type.
Spreads on Forex trading, which are affected by account type, are particularly tight at just 0.5 pips.
Depending on the account type, the spread range gradually narrows from 3 pips on Bronze accounts to 2.5 pips on Silver accounts, 2 pips on Gold accounts and 1.5 pips on Diamond accounts.
The spread is 1 pip for Platinum accounts and the original spread for ECN accounts.
Trading Platform
WealthFX provides traders with the popular MetaTrader 5 (MT5) trading platform. The MT5 platform is available on a variety of devices, including Android smartphones, desktop computers, and MAC devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC,Mac,iOS,Android | Anyone |
Deposit And Withdrawal
Wealth FX provides convenient and flexible deposit options, letting traders to deposit funds 24/7 via Alipay or mobile online banking. The minimum deposit amount is $100 and the maximum deposit amount is $10,000.
FX3451022666
India
marked all my trades scalping which was opened for more than 50 minutes and did not give my withdrawal. Please beware before investing,as wealthfx is completely committed in looting your money
Exposure
Anshu4526
United Arab Emirates
I got Instant deposit & Withdrawal service 👍
Positive
Sarguna Raj
Netherlands
WealthFX offers lightning-fast execution speeds. My trades are processed almost instantly!
Positive
Jue William
Australia
WealthFX offers fantastic and flexible choices of accounts, they've got it all. Managing my account with WealthFX is so easy. Their platform is incredibly intuitive, making it easy for me to find and trade the assets I'm interested in. The order execution is also lightning-fast. Plus, their platform is super user-friendly. Everything is so perfect!!! 😘
Positive