Walfiner Overview
Walfiner Is A Professional STP Forex Broker Focused On Providing Clients With A Diverse Range Of Forex And Contracts For Difference (CFDs) Trading Services. The Broker Offers A 100% Bonus Of Up To $3,000, A Diverse Range Of Trading Tools, And Flexible Trading Account Options. The Market Instruments It Supports Include Forex, Indices, Energy, Cryptocurrencies, And Precious Metals With A Maximum Leverage Ratio Of 1:500.
Advantages And Disadvantages
Advantages:
- Demo Account
Walfiner Offers Demo Accounts That Allow Traders To Familiarize Themselves With The Platform And Trading Strategies In A Risk-free Environment.
- 24/7 Customer Support
Traders Can Always Contact The Customer Support Team Via Phone, Online Chat Or Social Media To Resolve Issues.
- Offers MT5 And CTrader
Both Platforms Are Industry-leading Tools That Support Technical Analysis, Automated Trading, And Fast Trade Execution.
- Low Spreads
Spreads As Low As 0.5 Pips Provide Traders With A More Competitive Trading Environment.
Cons:
- Unregulated
Walfiner Is Not Supervised By Any Financial Regulator, Increasing Latent Risk. Although It Claims To Be Regulated By The American Futures Association, It Does Not Actually Have A Valid License.
- No Copy Trading Feature
Compared To Some Other Brokers, Walfiner Does Not Offer Copy Trading Options, Limiting The Needs Of Some Traders.
Legitimacy
Although Walfiner Claims To Be Regulated By The American Futures Association, The Actual Situation Is That The Broker Does Not Have Any Valid Financial Regulatory Licenses. Therefore, Its Operations Are Not Supervised By Regulators, Which Increases The Risk Of Traders' Capital Safety. Prospective Clients Should Carefully Evaluate Their Risks Before Choosing Walfiner.
Tradable Tools
Walfiner Offers The Following Financial Instruments:
Forex - Trade In Major, Minor And Exotic Currency Pairs.
Indices - Trade In Important Global Indices Such As S & P 500, Dow Jones Industries Average Index, Etc.
Energy - Invest In Energy Products Such As Crude Oil And Natural Gas.
Cryptocurrencies - Trade In Major Digital Currencies Such As Bitcoin And Ethereum.
Precious Metals - Invest In Precious Metals Such As Gold And Silver.
Account Types
Walfiner Offers Five Account Types To Meet The Needs Of Different Traders:
- Standard Account
Minimum Deposit: 15 Dollars
Welcome Bonus: 100%
Spread: From 0.5 Pips
Maximum Leverage: 1:500
Commission: $3 Per $100,000 Traded.
- Islamic Account
Minimum Deposit: 25 Dollars
Welcome Bonus: 100%
Spread: From 0.5 Pips,
Maximum Leverage: 1:500
Commission: $4 Per $100,000 Traded.
- Premium Account
- Elite VIP Account
- MetaTrader 5 (MT5)
- CTrader
Minimum Deposit: 500 Dollars
Welcome Bonus: 50%
Spread: Industry Lowest
Maximum Leverage: 1:500
Commission: $1.7 Per $100,000 Traded.
Minimum Deposit: $1,000
Welcome Bonus: 50%
Spread: Industry Lowest
Maximum Leverage: 1:500
Commission: $1 Per $100,000 Traded.
Trading Platform
Walfiner Offers Two Powerful Trading Platforms:
Available On Desktop And Mobile Devices (iOS And Android), Supports Advanced Charting Features And Automated Trading Strategies.
Offers A Seamless One-click Trading Experience With Fast Execution And Support For A Wide Range Of Customization Options.
Deposits And Withdrawals
Walfiner Offers A Variety Of Payment Methods, Including PayPal, MasterCard, And Bitcoin.
The Minimum Deposit Amount Is 15 Dollars And Processing Time Is Usually 1 Hour To 1 Business Day.
Customer Support
Walfiner Offers 24/7 Customer Support Services:
Tel: (+ 971) 04 455 8797 (Dubai)
Social Media: Instagram, YouTube, Telegram
Online Chat: Solve Problems Online In Real Time
Summary
Walfiner Is A Broker That Offers A Wide Range Of Trading Tools And Flexible Account Options To Suit The Needs Of All Types Of Traders. However, Its Unregulated Status Increases Latent Risk, Which Traders Should Evaluate Carefully When Choosing. The Platform's Low Spreads And Powerful Trading Tools Provide Traders With A Good Trading Environment, But The Lack Of Regulatory Support And Copy Trading Capabilities Are Its Shortcomings.
