Global Broker Regulation Inquiry App
WikiFX
Rojas 
1-2 years
What are the pros and cons of WeTrade?
Broker Issues
Regulation
06-09
United States
WikiFX
Reply
In my view, the pros of WeTrade include the very low minimum deposit requirement of just $2, and it offers trading in a variety of instruments like forex, commodities, stocks, and indices. However, the cons include its unregulated status, no demo accounts, no support for MT4/MT5, and commission fees. As a trader, these are significant drawbacks for me.
Similar Questions
What are the pros of Fintrix Markets?
maseko
06-07
Is SpiceProp regulated?
schlaepfi
06-01
Have you encountered any downsides with GEX's customer support or noticed issues with the stability of their platform?
RichN
09-03
Is Praxis a regulated broker?
Eziol
02-26
What are the pros of TradeEU Global?
QM Trader
08-03