GENERAL INFORMATION
WSX, Under The Trade Name Wealth Standard Exchange, Is Purportedly A Forex Broker Registered In China That Claims To Offer Its Clients More Than 150 Tradable Financial Instruments With Leverage Up To 1:500 And Variable Spreads From 0.4 Pips On The Mt4 For Windows, Web Trader, Android And Ios Trading Platforms As Well As Options For Four Different Real Account Types And 24/7 Customer Support Services.
As For Regulation, It Has Been Verified That WSX Is Not Subject To Any Valid Regulations.
Market Tools
WSX Advertises That It Offers Financial Marekt Access To More Than 150 Trading Instruments, Including Forex, Indices, Commodities, Metals, Stocks, And Cryptocurrencies.
Account Types
In Addition To Demo Accounts, WSX Claims To Offer Four Types Of Real Trading Accounts, Namely Standard, Professional, Variable, And Mini, As Well As Pamm Accounts. However, The Broker Says Nothing About The Minimum Initial Deposit Requirements For Opening An Account.
Leverage
Leverage Offered By WSX, Capped At 1:500. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposit. The Use Of Leverage Can Be Either To Your Advantage Or Against You.
Spreads & Commissions
WSX Claims That Different Account Types Can Enjoy Vastly Different Spreads And Commissions. Typical Spreads Start At 0.8 Pips For Standard, Variable And Mini Accounts, While Clients Of Professional Accounts Can Enjoy Smaller Spreads Starting At 0.4 Pips. Commissions Are $7, $9 And $1 For Standard, Professional And Mini Accounts Respectively, While Only Var Accounts Do Not Charge Commissions.
Trading Platform
The Platform That WSX Can Use For Trading Is Mt4 For Windows, Web Trader, Android And Ios. Anyway, We Recommend That You Use Mt4 Or Mt5 As Your Trading Platform. Forex Traders Praise Metatrader For Its Stability And Trustworthiness As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On This Platform. There Are Currently Over 10,000 Trading Applications Available On The Metatrader Market For Traders To Use To Improve Their Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Transact Via Mt4 And Mt5 Anytime, Anywhere.
Deposit And Withdrawal
WSX Means Accepting Deposits Via Bitcoin (btc), Tether (usdt Erc20) Or Debit/credit Cards Via Third-party Providers, While The Only Accepted Withdrawal Method Is Bitcoin (btc). Minimum Initial Deposit Requirements Vary By Method. Specifically, $10 Crypto Deposit, $25 Debit/credit Card Via 3rd Party Provider (main Option) And $50 Debit/credit Card Via 3rd Party Provider (other Options). Minimum Withdrawal Amount Is $50.
No Deposit And Withdrawal Fees Are Charged, However, When Depositing Or Withdrawing Via Bitcoin, The Blockchain Will Deduct Network Fees. As For The Processing Time Of Withdrawal Requests, Deposits Generally Take 1-3 Hours, Depending On The Blockchain. While Withdrawals Are Said To Be Processed Within A Few Hours, It Can Take Up To 24 Hours.
Customer Support
WSX Can Get Customer Support By Contacting By Sending A Message Online Or Requesting A Call Back. You Can Also Follow The Broker On Social Networks Such As Twitter, Facebook And Instagram. However, The Broker Will Not Disclose Other More Direct Contact Information Provided By Most Brokers, Such As Phone Numbers, Emails Or Company Addresses.
