WINGO INFORMATION
WINGO Was Founded In 2023 And Is Headquartered In Cyprus. The Trading Platform Offers Multiple Account Types, Including Standard Account, ECN Account, RAW Account, VIP Account, Social Trading, Social Trading VIP. The Platform Has A Minimum Deposit Of 100 Dollars For Standard Accounts And Offers Leverage Of Up To 1:400.
Trading Covers Multiple Markets Such As Cryptocurrencies, Forex, Commodities, Indices And Stocks, Providing Traders With A Comprehensive Range Of Tradable Assets. WINGO Operates Primarily On The MT5 Trading Platform. The Platform Offers Competitive Spreads, Starting From A Minimum Of 0.0 Pips, Improving Trading Efficiency.
Is WINGO Legal? WINGO Is Currently Regulated By FinCEN With License Number 31000253973445.
Pros & Cons
Pros
Regulated By FinCEN
6 Account Types
No Commission
Up To 1:400 Leverage
Hot Trading Assets
Relatively Low Commissions And Tight Spreads
Copy Trading With 2 Social Trading
Cons
VIP Account Minimum Deposit
Market Instruments
Forex: Ultra Low Spreads, With A Minimum Of 0.1 Pips, Trade 182 Forex Spot Pairs And 140 Forward Contracts, Covering Major Currency Pairs, Minor Currency Pairs, Exotic Currency Pairs And Precious Metals.
Precious Metals: Diversify Your Portfolio By Trading Gold, Silver, Copper And Platinum, With Spreads Starting From 0.8 Pips.
Commodities: Trade A Wide Range Of Commodities Including USOIL, With Spreads Starting From 0.3, With Flexible Trading In CFDs, Futures, Options, Spot Equivalents.
Indices: Offer More Than 100 Index Instruments, With US500 Spreads As Low As 0.4, With The Possibility To Trade Long And Short Positions With Low Commissions.
Stocks: Get Access To Equity Trading Opportunities In Core And Emerging Markets, With US Stock Spreads Starting From 3 Dollars, Covering Major Exchanges Worldwide.
Cryptocurrency: Participate In Cryptocurrency Trading With Extremely Low Spreads As Low As 0.01%, Ensuring Competitive Rates And Minimal Commissions For Cryptocurrency Enthusiasts.
Account Types
WINGO Offers A Tiered Account Structure.
For Beginners, The Standard Account Offers Low Threshold Entry With Zero Commissions And A Minimum Deposit Of 100 Dollars.
As Trading Experience Grows, ECN Accounts And RAW Accounts Offer Progressively Tighter Spreads (from Regular To Raw) And Lower Commissions With Minimum Deposits Of 500 Dollars And $2,000, Respectively.
VIP Accounts Are Geared Towards High Volume Traders And Offer The Tightest Spreads (from 0 Pips) With A Minimum Deposit Of $10,000.
For Those Interested In Copy Trading, Social Trading Options Are Available. Social Trading Accounts Offer Commission-free Trading And 0.4 Pip Spreads, While Social Trading VIP Accounts Offer A Tighter 0.1 Pip Spread With A Minimum Deposit Amount Of $5,000.
WINGO Offers Traders A Leverage Ratio Of Up To 1:400. Leverage Allows Traders To Scale Up Their Positions With A Relatively Small Amount Of Money. A Leverage Ratio Of 1:400 Means That For Every Unit Of Money In A Trader's Account, They Can Open A Position In The Market That Is 400x In Size.
Spreads And Commissions
WINGO Offers Its Traders A Competitive Spread And Commission-free Structure. Spreads For WINGO Start From 0 Pips, Indicating That The Difference Between The Bid And Ask Prices Is Small. This Low Spread Is Beneficial For Traders As It Can Reduce Transaction Costs.
However, They Do Not Explain Any Details About Commissions.
Trading Platform
WINGO Offers Traders Access To The Advanced Platform MetaTrader 5 Designed By Metaquotes. It Has Many Advantages, Including 21 Time Frames, Comprehensive Understanding Of Market Movements, Support For 6 Pending Order Types, And Flexibility For Hedging And Netting Options. In Addition, It Includes A Multi-threaded Strategy Tester For Expert Advisors (EAs).
Deposits And Withdrawals
You Can Top Up Your WINGO Account Using A Variety Of Methods, Including Cryptocurrency, Advcash, VISA, And MasterCard.
Customer Support
WINGO Offers Multi-faceted Customer Support Through Multiple Channels. Contact Them Via Email Support@wingomarkets.com For Comprehensive Assistance. In Addition, Their Hotline + 35725591367 Provides Direct Access To Knowledgeable Representatives, Ensuring Quick Resolution Of Issues. For Immediate Help And Real-time Guidance, An Online Chat Option Is Also Available.
