WRC1 Info
Founded In 2023, Mauritius-based WRC1 Has Over 300 Trading Assets, Including Stocks, Indices, Commodities, Metals, Foreign Exchange And Cryptocurrencies. Despite The Wide Variety Of Products, WRC1 Is Still Controlled, Which Increases Trading Risk.
Advantages And Disadvantages
Advantages
Wide Range Of Tradable Instruments
Leverage Up To 1:500
Multiple Payment Options
Disadvantages
Unregulated
Entry Level Accounts With Higher Spreads
Limited Information On Fees
Is WRC1 Legal?
WRC1 Is Not Regulated By Any Recognized Financial Institution Group. It Is Not Licensed In Mauritius, Where It Is Registered, And Is Not Supervised By Institutions Like The Financial Marekt Conduct Authority (FCA) In The United Kingdom, The Australian Securities And Investments Commission (ASIC), Or Other Important Bodies.
What Can Be Traded On WRC1?
Currency Pairs, Indices, Commodities, Stocks, Cryptocurrencies, Precious Metals, As Well As Over 300 Traded Assets Can Be Traded On WRC1.
Account Types
WrPro Offers Traders Of Different Experience Levels Five Types Of Live Accounts: Diamond, Gold, Silver, Bronze, And Classic. They Don't Explicitly Mention Whether They Offer Islamic Accounts, But They Do Offer Demo Accounts.
Leverage
On Classic Accounts, WrPro Offers Up To 100x Leverage; On Diamond Accounts, Up To 500x Leverage. This Gives Traders The Flexibility To Choose Based On Their Risk Tolerance And Trading Plan.
Fees
Trading Fees Are Higher Than Usual On WRC1, Especially For Entry-level Accounts. The Spread On Diamond Accounts Is 0.6 Pips, While The Default Spread On Classic Accounts Is Larger. For Example: Premium Accounts Can Get As Low As 16 Pips In EUR/USD Spreads, While BTC/USD Spreads Are 4000 Pips.
Deposits And Withdrawals
WRC1 Allows Deposits And Withdrawals Without Specified Fees, Making It More Convenient For Traders. The Minimum Deposit Amount Is $500 And The Minimum Withdrawal Amount Is $50.
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, SOFORT, Trustly
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, SOFORT, Trustly
Customer Support
Live Chat
Email (English): Support.en@wrpro.com
Phone (English): + 442080971406
