WinnerFX Information
WinnerFX, a broker incorporated in the Seychelles in 2013. For traders, it mainly provides trading products such as Forex, Precious metals, Cryptocurrencies and Shares, and supports trading using MT4. There are also 3 types of accounts for traders to choose from. At present, WinnerFX is still unregulated, and there is a loss of security.
Pros and Cons
Is WinnerFX Legit?
WinnerFX's website was registered in 2013, and it is currently unregulated.
What Can I Trade on WinnerFX?
WinnerFX provides access to major, secondary and foreign currency pairs, trade EUR/USD, GBP/JPY, or explore emerging market currencies; And precious metals, including gold, silver, platinum and palladium; Cryptocurrencies include Bitcoin, Ethereum and altcoins; and there are plenty of shares to trade.
Account Types
WinnerFX has 3 account types for traders to choose from-Standard, ECN and ECN Pro.
Their minimum deposit ranges from $50 to $10,000, which is a wide range. Among them, the maximum leverage is 1:500. They all support trading using MT4.
WinnerFX Fees
WinnerFX says it offers a fixed spread starting at 0.8 pips. Standard, ECN spreads are floating, ECN Pro spreads are lower than ECN.
In addition, only Standard does not charge commission, ECN and ECN Pro both charge commission, ECN Pro's commission is $6. But, none of the three accounts are exempt from swap fees.
Trading Platform
WinnerFX offers MT4 trading, which can be used on desktop, web and mobile.
Deposit and Withdrawal
WinnerFX enables you to Top up your account through its trusted exchanges, local banks, Top Change payment gateway and T Pay deposits.