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Weastar Global Markets Ltd
United Kingdom|1-2 years| https://weastartop.com/en/
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Weastar Global Markets Ltd
Weastar Global Markets Ltd
United Kingdom
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The VanuatuVFSC regulation (license number: 700238) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The AustraliaASIC regulation (license number: 269820) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The Vanuatu VFSC regulation with license number: 700238 is an offshore regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | 500USD |
| Minimum Spread | from 1.8 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | 500USD |
| Minimum Spread | from 0.0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Weastar Global Markets Ltd · Company Summary
Note: Weastar Global Markets Ltd' official website: https://weastartop.com/ is currently inaccessible normally.
| Weastar Global Markets Ltd Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | VFSC/ASIC (suspicious clone) |
| Market Instruments | Forex, Cryptocurrency, CFDs on Metals, Stocks, Commodities and Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.2 pips |
| Trading Platform | TW APP (IOS, Android, MAC) |
| Min Deposit | $500 |
| Customer Support | Email: info@weastartop.com |
| Address: FLAT 43 PERKINS HOUSEWALLWOOD STREET, LONDON, ENGLAND, E14 7AH | |
Weastar Global Markets Ltd is established in 2024 and based in the United Kingdom. It offers various trading products through their Trading Web APP. It provides ECN and STP account types with leverage options ranging from 1:50 to 1:500. However, their licenses have been regarded as suspicious clones.
Pros and Cons
| Pros | Cons |
| Diverse trading instruments | Suspicious clone VFSC and ASIC licenses |
| Multiple leverage options | Inaccessible website |
| High minimum deposit | |
| No demo accounts |
Is Weastar Global Markets Ltd Legit?
Weastar Global Markets Ltd claims it regulated by the Vanuatu Financial Services Commission (VFSC) and the Australian Securities and Investments Commission (ASIC) . However, both of them are suspicious as fake clones. Therefore, it is not a legit broker.
| The Vanuatu Financial Services Commission (VFSC) | |
| Regulatory Status | Suspicious Clone |
| Regulated by | Vanuatu |
| Licensed Institution | Doo Prime Vanuatu Limited |
| Licensed Type | Retail Forex License |
| Licensed Number | 700238 |
| The Australian Securities and Investments Commission (ASIC) | |
| Regulatory Status | Suspicious Clone |
| Regulated by | Australia |
| Licensed Institution | PB CAPITAL AUSTRALIA PTY LTD |
| Licensed Type | Investment Advisory License |
| Licensed Number | 269820 |
What Can I Trade on Weastar Global Markets Ltd?
Weastar Global Markets Ltd offers trading in Forex, Cryptocurrency, CFDs on Metals, Stocks, Commodities and Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Weastar Global Markets Ltd offers two kinds of live accounts including the ECN and the STP accounts. They require the minimum deposit of $500, higher than regulated brokers.
Leverage
Weastar Global Markets Ltd offers a variety of leverage options, with levels available at 1:50, 1:100, 1:200, 1:400, and 1:500. You can choose different leverage to amplify your trade amount.
Weastar Global Markets Ltd Fees
Weastar Global Markets Ltd provides spreads across varying account types and financial instruments traded. ECN accounts offer spreads as low as 0.0 pips. In contrast, STP accounts start from 1.8 pips.
Besides, EURUSD offers an exceptionally low average spread of 0.2 pips, while USDZAR has a significantly higher average spread of 28.5 pips.
Trading Platform
Weastar Global Markets Ltd offers the TRADINGWEB platform, a web-based trading interface designed for simplicity and efficiency. Accessible directly via web browsers, TRADINGWEB provides trading with the IOS, Android, and MAC versions.
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