WTTKE Information
WTTKE，it is a US subsidiary of Watel in Japan and is headquartered in Tulsa, Oklahoma. WTTKE mainly provides traders with Foreign Exchange, Precious metals, Crude oil, Indices, Cryptocurrency and other product types, but it is currently unregulated and has certain risks.
Pros and Cons
Is WTTKE Legit?
WTTKE is currently unregulated. Lack of proper supervision, its safety and reliability are very problematic. Therefore, investors should be careful about trading risks.
What Can I Trade on WTTKE?
WTTKE says it offers a Foreign Exchange with dozens of major foreign exchange currency pairs, including EUR/USD, USD/CAD, GBP/USD, and more. Precious metals, including a variety of metal spot trading: gold CAUUSD), silver XAGUSD) Precious metals trading.
It also offers US crude oil (USOIL) trading as well as indexes, including Hong Kong Hang Seng Index (HK50), German Index (GER30), S&P 500 Index (US500), cryptocurrencies, dozens of major digital currency pairs, including Bitcoin (BTC/USOI Ether (ETH/USD), and other currencies. Ripple ORP/USD), etc.
WTTKE Fees
WTTKE Spreads
WTTKE says it offers floating spreads as low as 1 pips. There are no double quotes and traders enjoy the most direct market prices.
Trading Platform
Customer Service
The company did not say whether it supports 24/7 or 24/5 customer service. Unfortunately, the only ways traders can get customer support are by email and physical address. There is no phone contact or social networking platform, and traders' questions may be difficult to respond to in a timely manner.
The Bottom Line
WTTKE, as a broker, offers traders a variety of trading products, including forex, precious metals, crude oil, indices and cryptocurrencies. In fact, the wide range of trading products is only one of the advantages that attracts traders. Despite the wide range of tradable instruments offered, the lack of MT4/5 support and poor customer service will discourage some traders from choosing WTTKE. To make matters worse, WTTKE operates without supervision and is not subject to laws and regulations, which discourages traders.
FAQs
Is WTTKE safe?
No, WTTKE is unregulated and therefore not safe. Lack of regulation can lead to risks that are not good for traders.
Is WTTKE good for beginners?
No, WTTKE is not for beginners. The reason is that it is unregulated and the more friendly trading platform MT4/5 for novice traders is not supported.
Is WTTKE good for day trading?
No, WTTKE is a broker that is not suited for day trading. Although WTTKE claims to offer low float spreads, it is unregulated, does not support the use of advanced trading platforms such as MT4/5, and poor customer service, all of which make it less suitable for traders to day trade.
