The Official Website Of WFT GROUP Cannot Be Opened Temporarily Due To Unknown Reasons, So We Can Only Collect Some Relevant Information For Reference Only
WFT GROUP Is A St. Vincent And The Grenadines Registered Online Forex And CFD Broker, Purportedly Owned By A Company Called INVEST GROUP LLC, Is Currently Not Subject To Any Effective Regulation.
Market Tools
WFT GROUP Provides Investors With Financial Products, Foreign Exchange Currency Pairs, CFDs, Energy, Metals.
Minimum Deposit
The Official Website Of WFT GROUP Does Not Provide Any Information About Account Types And Minimum Deposit Amounts. In General, Most Brokers Offer A Minimum Initial Deposit Of $100 For Standard Accounts, Less Than $200, And A Minimum Initial Deposit Amount Of $10 For Micro Accounts.
WFT GROUP Leverage
Regarding Trading Leverage, The Maximum Trading Leverage Offered By The WFT GROUP Forex Instrument Is Up To 1:100. Since Leverage Can Amplify Gains And Losses, It Is Not Recommended For Inexperienced Traders To Use Such High Trading Leverage.
Spreads And Commissions
Details Related To Spreads And Commissions Are Not Published On Its Website. According To Industry Standards, The Base Spread For The EUR/USD Pair Varies From 1.1 Pips To 1.5 Pips.
Other Trades, Fees
WFT GROUP Charges A Monthly Fee Of $30 For Accounts That Have Been Inactive For More Than 90 Days. If A Trader Wants To Stop Trading And Withdraw Funds, WFT GROUP Charges 30% Of The Initial Deposit, Or At Least $80.
Trading Platform
WFT GROUP Provides Access To Mt5, Web And Pc Versions. Mt5 Pc With Algorithmic Trading, Charting Tools, Limited Functionality And No Automated Trading Features Compared To The Basic Web-based Platform.
Deposit And Withdrawal
WFT GROUP Supports Traders To Deposit And Withdraw Via Credit/debit Card, Telegraphic Transfer And Bitcoin Payment Methods. Investors Need To Note That Telegraphic Transfer And Bitcoin Are Not Eligible For Refund, And It Is Best To Use A Bank Card For Deposits, As This Allows Traders To Make A Refund Request Within 540.
WFT GROUP Disadvantages
WFT GROUP Disadvantages Include:
1. Offshore Brokers & Unregulated
2. No Minimum Deposit Requirement
3. Missing Key Information On Leverage, Spreads, And Commissions
4. Unreasonable Fees
5. Limited Options For Deposits And Withdrawals
Corporate Profile
2-5 Years
Regulatory License In Doubt
Area In Doubt
Advanced Risk Hazards
