Score
WRC1
Mauritius|1-2 years| https://www.wrc1.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Mauritius
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed WRC1 also viewed..
FP Markets
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
HFM
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
AUS GLOBAL
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
GTCFX
- 10-15 years |
- Regulated in United Kingdom |
- Straight Through Processing(STP) |
- MT4 Full License
Website
wrc1.com
Server Location
United States
Website Domain Name
wrc1.com
Server IP
104.18.9.57
Company Summary
| WRC1 Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptocurrencies, Stocks, Indices, Commodities, Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | EUR/USD: As low as 16 PIPS (Diamond/Gold Accounts) |
| Trading Platform | iOS and Android Apps, Intuitive Web and Desktop Platforms |
| Min Deposit | 500 USD |
| Customer Support | Online chat |
| Email (English): support.en@wrpro.com | |
| Phone (English): +442080971406 | |
WRC1 Information
Founded in 2023 and incorporated in Mauritius, WRC1 boasts over 300 trading assets ranging from stocks, indices, commodities, metals to Forex and cryptocurrency. WRC1 is still under control even with its varied array of products, which increases trading risks.
Pros and Cons
| Pros | Cons |
| Wide range of tradable instruments | Unregulated |
| High leverage up to 1:500 | High spreads on entry-level accounts |
| Multiple payment options | Limited information about fees |
Is WRC1 Legit?
No acknowledged financial authority regulates WRC1. It is not licensed in Mauritius, where it is registered, and it is not subject to the supervision of internationally renowned regulatory agencies like the FCA (UK), ASIC (Australia), or other significant authorities.
Wrc1.com was registered on June 21, 2023, and expires on June 21, 2025. The last update was October 25, 2023.
What Can I Trade on WRC1?
Currency pairs, indices, commodities, stocks, cryptocurrencies, metals, and more than 300 trading assets are all available on WRC1. The instruments that were supported are summarized below:
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
Account Types
Designed for traders with varying degrees of experience, WrPro provides five types live accounts—Diamond, Gold, Silver, Bronze, and Classic. They do not specifically mention Islamic account availability but demo account is available.
| Account Type | Spread | Leverage | Trading Signals | Suitable For |
| Diamond | As low as 0.6 pips | Up to 500 | Unlimited | Advanced traders requiring tight spreads and exclusive services |
| Gold | 60% less than Classic | Up to 400 | 25 | Experienced traders seeking premium features |
| Silver | 40% less than Classic | Up to 300 | 10 | Intermediate traders looking for better spreads |
| Bronze | 20% less than Classic | Up to 200 | None | Beginner traders with some experience |
| Classic | Default (check platform) | Up to 100 | None | New traders starting with basic account features |
Leverage
On Classic accounts, WrPro provides leverage ranging from up to 100x; on Diamond accounts, 500x. This gives traders flexibility to choose depending on their risk tolerance and trading plan.
WRC1 Fees
Trading fees at WRC1 are higher than typical, especially for entry-level accounts. Diamond accounts have 0.6-pip spreads, whereas Classic accounts have default, greater spreads. Example: Premium accounts can get EUR/USD spreads as little as 16 PIPS, whereas BTC/USD costs 4000 PIPS.
| Instrument | Spread (Pips) | Account Type |
| EUR/USD | 16 PIPS | Diamond/Gold Accounts |
| BTC/USD | 4000 PIPS | All Accounts |
| XAU/USD | 34 PIPS | Diamond/Gold Accounts |
| USD/JPY | 10 PIPS | Silver/Bronze Accounts |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| iOS and Android Apps | ✔ | iOS, Android | Traders who need flexibility to trade on the go. |
| Intuitive Trading Platform | ✔ | Web-based, Desktop | Traders seeking a streamlined experience with real-time data and tools. |
Deposit and Withdrawal
WRC1 allows deposits and withdrawals with no specified fees, making it accessible for traders. The minimum deposit amount is 500 USD, while the minimum withdrawal amount is 50 USD.
| Payment Method | Type | Currency | Min. Deposit/Withdrawal | Fees/Commission | Processing Time |
| VISA/Mastercard/Maestro | Credit/Debit Card | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | Instant (Deposit) |
| Sofort/Trustly | Powercash | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | 1-2 Business Days |
| Wire Transfer | Wire Bank | USD, AED, SAR | Deposit: 500 USD, Withdrawal: 50 USD | Free | 1-3 Business Days |
| Apple Pay/Google Pay | EMV Payment | EUR, USD | Deposit: 500 USD, Withdrawal: 50 USD | Free | Instant (Deposit) |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 2
Content you want to comment
Please enter...
Review 2
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now